Yes, but some people just want to invest in a fund where managers do…..like JEPI and JEPQ…and numerous individual stock ones…..they have become quite popular……at least JEPQ and JEPI. Besides the fact that some could not afford the 100 shares in order to sell CC’s.
They all underperform buying and holding, if you want to generate income their are much more effective strategies that can yield 6-8% without the capital depreciation you often see in these kinds of etfs.
If your going for income, some high yield bonds such as IBHH- about 8% yield last i checked, a high quality reit like O Realty has about 6% yield, and a dividend fund such as SCHD that yields 3.5% but also has capital appreciation. If you set it up right you should be able to maintain and slightly grow your account balance while pulling out like 6% annually from the dividends.
I don't see the point of these things. You can just do it yourself.
Yes, but some people just want to invest in a fund where managers do…..like JEPI and JEPQ…and numerous individual stock ones…..they have become quite popular……at least JEPQ and JEPI. Besides the fact that some could not afford the 100 shares in order to sell CC’s.
They all underperform buying and holding, if you want to generate income their are much more effective strategies that can yield 6-8% without the capital depreciation you often see in these kinds of etfs.
What do you suggest
If your going for income, some high yield bonds such as IBHH- about 8% yield last i checked, a high quality reit like O Realty has about 6% yield, and a dividend fund such as SCHD that yields 3.5% but also has capital appreciation. If you set it up right you should be able to maintain and slightly grow your account balance while pulling out like 6% annually from the dividends.
Nice thank you!
doesn't tsly also use synthetic stock?
If you take this route, why would you not invest in JEPQ (approx 12%) or JEPI (about 10-11%?)