JEPQ/JEPI/SPYI in my taxable just to cover me in case of a layoff at work and stay liquid. Gaining $500 monthly with drip is nice to have even with taxes. VTSAX/SCHD/SCHG in my IRA.
Almost but not 100% Use the covered call income to buy dividend payers like realty income, Main Street capital, etc..snow ball a dividend portfolio but use the 500$ to set that on autopilot.
Age 49, recently bought 725 shares of JEPQ in Traditional IRA. Goal = Reinvest monthly dividends until either 1000 or 1500. Watch the compounding effects until 60.
@ElCangri137 Thanks, been looking at the Yieldmax ETFs and YMAG hasn't lost much if any NAV and is a little more "diversified" v. single stock ETFs they offer.
My opinion- Jepq is gonna work best inside a Roth IRA close to retirement >59 1/2. The dividends are taxed as ordinary income. The taxes would eat up some profit in earlier years. Be interesting to see this test again in 2032 when Jepq is older.
Can you do a video comparing FEPI vs JEPQ? FEPI's divends are higher than JEPQ but FEPI's expense ration is at %65 vs JEPQ's 35%. Does the higher expense ration greatly affect investing in FEPI?
Can you do me a favor and run the same models as in this video over the same amount of time with the same 10K in each, only this time reinvest the JEPQ dividends into VOO. I’m under the impression that the yield is significantly more than VOO and JEPQ individually. If you can prove that for me I’d really appreciate it!! Thanks!
Doesn’t matter how many shares, just look at the % of return. JEPQ has higher dividend but less growth return and also higher expense ratio so at the end, VOO has still higher return. It’s not that simple.
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes...
@@IfranReinfeld The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
I just don’t see new investors investing for the reasoning of needing income. If you are new to investing you should be investing in something that gives you long term capital growth/gains.
Alot of bitcoin money floated into VOO and alot of stocks. So....I would take my risks else where. Perhaps a mix of both. I would say are you using working cash or are you using articicially created cash with no labor behind it.
A big flaw in your analysis is that when somebody invests in JEPQ for income to pay monthly bills, they will not be reinvesting their dividends. This makes your 40 something return a lot less when comparing returns with VOO
JEPQ, because if I ever needed money, it’s best to use dividend income than to sell the asset!
JEPQ/JEPI/SPYI in my taxable just to cover me in case of a layoff at work and stay liquid. Gaining $500 monthly with drip is nice to have even with taxes. VTSAX/SCHD/SCHG in my IRA.
Almost but not 100%
Use the covered call income to buy dividend payers like realty income, Main Street capital, etc..snow ball a dividend portfolio but use the 500$ to set that on autopilot.
Age 49, recently bought 725 shares of JEPQ in Traditional IRA. Goal = Reinvest monthly dividends until either 1000 or 1500. Watch the compounding effects until 60.
Hey bro how would the taxes work in a IRA ?
@ I have a Traditional IRA so it won’t get taxed until 59 1/2, that’s when it is eligible for pulling the funds out.
Ouch. You can withdraw from Roth IRA at the same age but won't be paying taxes then.
@@lags1992 I think Capital Gains are taxed in Roth IRA.
Owning dividend positions before the income is needed tests proof of concept and performance. Learn the various ways dividends are taxed
I have 137 JEPQ. Going to use this to build my wealth
YMAG is outperforming both YTD. 38% overall return vs. JEQ 20% and VOO 24% same period.
@ElCangri137 Thanks, been looking at the Yieldmax ETFs and YMAG hasn't lost much if any NAV and is a little more "diversified" v. single stock ETFs they offer.
My opinion- Jepq is gonna work best inside a Roth IRA close to retirement >59 1/2. The dividends are taxed as ordinary income. The taxes would eat up some profit in earlier years. Be interesting to see this test again in 2032 when Jepq is older.
I can only add 7k to my new Roth though 😢 that doesn't give me barely any dividends if I put that into jepq
JEPQ to help pay my car loan
Got them both in IRA, no complains.....
Can you do a video comparing FEPI vs JEPQ? FEPI's divends are higher than JEPQ but FEPI's expense ration is at %65 vs JEPQ's 35%. Does the higher expense ration greatly affect investing in FEPI?
Can you do me a favor and run the same models as in this video over the same amount of time with the same 10K in each, only this time reinvest the JEPQ dividends into VOO. I’m under the impression that the yield is significantly more than VOO and JEPQ individually. If you can prove that for me I’d really appreciate it!! Thanks!
Bottom line:
10K in VOO is less than 20 shares.
10K in JEPQ is near 200 shares. JEPQ paid .51 per share last month. You do the math
Doesn’t matter how many shares, just look at the % of return. JEPQ has higher dividend but less growth return and also higher expense ratio so at the end, VOO has still higher return. It’s not that simple.
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes...
@@IfranReinfeld That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@@FreuleinBey My advisor is *MARGARET MOLLI ALVEY*
You can look her up online
@@IfranReinfeld The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
I just don’t see new investors investing for the reasoning of needing income. If you are new to investing you should be investing in something that gives you long term capital growth/gains.
Some new investors with a short life span have no need for a long-term investment.
I got started late. I’m in it for dividends and the DRIP into JEPQ
Dripping and compounding a 14% a year income ETF is the same as letting grow a 14% total return etf if held into a tax sheltered account
Alot of bitcoin money floated into VOO and alot of stocks. So....I would take my risks else where. Perhaps a mix of both. I would say are you using working cash or are you using articicially created cash with no labor behind it.
A big flaw in your analysis is that when somebody invests in JEPQ for income to pay monthly bills, they will not be reinvesting their dividends. This makes your 40 something return a lot less when comparing returns with VOO
Not really. If that same person invested in VOO, they would have to sell shares to pay those bills.
You are incorrect.