JEPQ
J.P. Morgan Nasdaq Equity Premium Income ETF
stock NASDAQ ETF

May I ask if that app will tell you what it will be for JEPQ? Tks

I'm 49 and have been living off dividends and interest for a few years after retiring after selling my business. Basically not counting other investments (retirement, real estate), my portfolio is:
\~ 10% cash: money-market accounts, SGOV
\~ 25% bonds: A mix between high-rated corporate and agency bonds maturing in 7 years or less, and treasuries ranging from 3-20 years. They're laddered to provide monthly income.
\~ 30% stocks: This is mostly for growth, although there's some dividend income, my biggest positions are in: NVDA, BRK/B, COST, AAPL, PLTR, TSLA, GOOGL & META.
\~ 35% ETFs and high-dividend stocks: This is mostly for dividend income, although some (like FBTC, QQQM & TQQQ are for growth), my biggest positions are in: JEPI, JEPQ, QQQI, SPYD, SCHD, STWD, O, MO, VOO, QQQM, FBTC
With all of these, I automatically transfer any dividends and interest daily into my checking account. It's been working really well for us. As for our retirement accounts, since we have a while before we can start withdrawing, we currently have 100% in SPY and QQQM, although we will start to shift some of QQQM into less volatile investments in like 5 years.

That is exactly what I am doing in our retirement account.
We are living off the dividends from our taxable account and reinvesting them in our retirement account for the next five years or so (until we are old enough to access them).
Our retirement account looks like this:
Growth: QQQM SCHG
Dividend Growth: SCHD DGRO (mostly SCHD)
Income: FSCO JEPI JEPQ RNP RQI UTG
International Income: IDVO LVHI

SCHD, DGRO, VYM, VNQ are examples of moderate ETFs that are income paying

I got BITO and and PDBC for crypto and commodity.

There are other like Yieldmax (high yield but have huge nav erosion) and JEPI, JEPQ.

ETFs and CEFs are a lot easier to manage. I like a combination of Dividend Growth (SCHD DGRO) and Dividend Income (JEPI JEPQ UTG RNP RQI FSCO in a retirement account and EOI EOS GPIQ QQQH QQQI SPYH SPYI in a taxable account).
For individual stocks it gets more complicated but allows for more customization.
Here are my considerations for Dividend Growth stocks (not Dividend Income):
Starting yield at least at least 2x the current yield on SPY
Dividend growth of at least 6% (twice as fast as inflation)
Earnings growth greater than or equal to dividend growth
Payout Ratio less than 60% (80% for Utilities)
10+ years consecutive dividend growth
Credit rating of BBB+ or better
LT Debt/Capital less than 50%
Appropriate Chowder Rule score
Analyst scorecard
No one stock greater than 5% of portfolio and no sector more than 20%
For individual Dividend Income stocks, I want at least 4x the current yield on SPY with some dividend growth (hopefully enough to keep up with inflation)

For Dividend Growth I would look at SCHD and DGRO
For Dividend Income I would look at JEPI JEPQ UTG for retirement accounts and EOI EOS GPIQ QQQH QQQI SPYH SPYI in taxable accounts.

They are, but you will have more cash to spend with JEPQ or the like. If you’re buying covered call funds you’re an income investor. Hence buy funds that produce more income. 10% at ordinary income tax rates beats 4% at capital gains rates all day long.

QQQI doesn’t have as much history as JEPQ. Are you worried the principal won’t do as well?

I'm currently building an income-focused portfolio with ETFs like **QQQI, JEPQ, SPYI, BTCI, and IGLD**. So far, I'm earning about **$267.31 annually**, which breaks down to around **$22.28 per month**, with a **14.63% yield**. My goal is to hit **$1,000 per year** in passive income.
I'm curious to hear from you all:
* What **income ETFs** are you investing in right now?
* What's your **strategy** for growing your income stream?
* Do you prioritize **monthly distributions**, **yield**, **growth potential**, or a mix?
Would love to hear what’s working (or not) for you. Any tips or insights are appreciated!

I plan on retiring(burnt out medical worker) and living on dividends in the next few years. Im at about $3200/month in divis rt now goal is $5000/month.
BITO, TSLY, CONY, MSTY, AMZY, NVDY, JEPQ

how long have you had JEPQ?

I've been retired since 2003, I'm now 73. I now make much more per month in dividends than I did in salary while I was working, plus wife's pension and SS.
Major holdings include: ARCC JEPI JEPQ MAIN OBDC SCHD, many more minor holdings,, and many individual IG corporate bonds (bonds ~45% of portfolio). Not investment advice.

Yes. JEPQ SPYI FEPI AIPI. Retired and enjoying life.

You need a roughly 2 million dollar principal in safe diverse dividend stocks or 1.2-1.5 in stuff like JEPQ/SPYI etc etc.

Keep in mind dividneds from JEPQ are taxed as regular income. If you plan to put the money in a retirment account that is fine. But it is a taxable account I would use QQQI. Very similar fund seeing the same index. QQQI yields 13% while JEPQ 10%. But the big difference is QQQI alas does tax loss harvesting to lowe rate tax on the dividneds you receive. I had JEPQ but replaced it with QQQI that reason.

I have both JEPQ and JEPI and plan on keeping them, but are there others that you recommend that follow different markets sectors?

Sounds like a great strategy. Go for it. JEPQ, SPYI and JEPI for riskier yields, O, MAIN, ET, for more traditional yields, and SCHD for long term yield growth are all ones I like.
Good luck.

I'm not a fan of MSTY. So, I'd sell it and put all proceeds into JEPQ, or QQQI, or SPYI, or SCHD

There’s some good dividend ETFs out there especially for the time frame you are looking at. QYLD JEPQ . The two you mentioned are fine.
https://stockanalysis.com/etf/qyld/dividend/
https://stockanalysis.com/etf/jepq/dividend/
https://stockanalysis.com/etf/voo/dividend/
https://stockanalysis.com/etf/schd/dividend/

Just look at the price history. It's constantly declining. So the yield is not sustainable.
Also, look at how it compares to other Nasdaq 100 covered call funds. It underperforms QQQI, JEPQ, and QDTE.
Plus, read articles about the fund. It's going to change strategy on the 27th to target a 30% yield (including a rename).
Don't just yield chase.