JEPI
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Equity Premium Income ETF
stock NYSE ETF

Aren’t you still making money with JEPI even after tax? They make it sound like you’re taxed at 101%.

and not to mention both JEPI and JEPQ may never have their yield as high as they are now ever again... I keep both at 10% for my portfolio plus not to mention both have been performing pretty while is this down/sideways market

JEPI uses covered calls for income...

The point was that O, like SCHD and JEPI, is discussed *constantly* here - to the point that people will try and close down conversations that veer from them. "Just buy an etf" is their refrain!

I mean I think do what you said but, instead of 33% in JEPI, keep it in what you have now until you want to live off the dividends. Then Jepi if it’s still around lol

Another take on JEPI and JEPQ.
Maybe you want the dividends to boost your income to buy a home.
It may be tax inefficient for some. But some need income.

In my Roth I hold SCHD 60% VUG 30% and JEPI 10%.
In my 401K VIGIX and VIVIX.

"I'm going to complain about those people who are complaining! They're ridiculous not me!!" 😂
God I love the internet. Honestly I'm glad people have started speaking out about it.
SCHD is a good ETF. Slap it in a sticky and let's move onto alternatives. JEPI is starting to get old especially since you have 20yo putting half their portfolio in it. Going to take tax hits your entire life.

Schwab won't let me buy partial shares of ETFs, will your platform allow you to do this? Thinking about SCHD and JEPI

QYLD JEPI are good deals now. Both over 10%. They are call option dividend share ETFs.

I just want to piggy back on this thread as I officially opened my wealthsimple account last night. Just waiting for payday to put funds in and I'm ready to buy my first ETF.
Just wondering if there are other canadian investors buying sCHD or JEPI or as a Canadian what ETF is a must have for growth and/or extra income.

I suppose you could just sell JEPI / JEPQ after its value rises above what you paid for it, then go back into VUSXX, and repeat, assuming it's early enough in the month. Someone should come up with an automated service that does this for you :)

I’m thinking of adding these from my watch list to my Roth IRA. I know SCHD, JEPI/Q, VTI, and VOO are one of the good one but what about the other?

Last May I put $20k in JEPI at 56. I am now paying tax on much more income that is now lost as JEPI is selling for less. Obsessing on dividends and not considering total return is foolish.
Go wash your hands.

JEPI, RITM,ET,OUT,ACRE

Thanks so much for the info. JEPI and VWOB are my two largest holdings.

I have a few but there’s definitely some heavy speculation at play. It also depends on your opinion of REITs, BDCs, or Asset Management corporations. My honest theory on “value investing” is that if it looks good to you on paper it should look good to most other people as well….So, If it’s underperforming and looks undervalued, you’re either speculating on a stock with factors affecting it you don’t know about or you found the stock too early for the investment to give a decent return in the short term.
A few regional banks look incredibly oversold and appear to have good dividends and solid fundamentals. HOPE and CFG are my biggest holdings other than KRE when it comes to regional banks.
CFG doesn’t look as good as HOPE on paper, but it’s arguably one of the safest Regional banks (not as many unrealized losses) with a very good dividend. I’d probably start with KRE and see how the market is treating Regional banks in the near future though.
A lot of people disagree with me about JXN being a value play, but I think its yield combined with the fact that it’s trading under its TTM return tilts the risk/reward ratio to it being worth it. I’d definitely do your own research on it though and possibly wait for this next earnings release.
People’s biggest concern with JXN is that they offer annuities and derivatives that were fairly recently created so nobody is entirely sure how well they’ll do—especially in a downturn. I argue that their derivatives were actually net positive for the first time in 2022 so a down market seems to work in their favor.
Reporting requirements were recently changed though so they backdated their earnings and look less profitable now than they previously did. You could probably file this one under wait and see with their next earnings report.
Rather than picking individual winners with a high yield, have you considered JEPQ or JEPI since they are ETFs more or less tracking QQQ and SPY with over 10% yield. I got into JEPQ against the recommendations of essentially everyone and it’s greatly outperforming JEPI so far.
In the short term I’m mainly staying in cash while putting money into ETFs with a decent yield while waiting for the bottom to fall out from under the market in the next few months.

In my opinion JEPI is a dividend trap.
SCHD is good ETF overall but with the current headwinds in the financial sector, and the high exposure that SCHD has to that sector- i think the risk is greater than the reward.
I have around 5-6% of my holdings in SCHD and before the collapse of several regional banks I considered to increase my exposure to that etf (SCHD)- but for now i wont do that.
I recently bought few share of HII, a defense stock, and will probably increase my exposure to more defensive sectors, like Pharmaceutical, transportation…
UNP, CVS, JNJ are few that come to my mind right now.

I only have around $6500 in JEPI and around 117 shares.

Well for your sake I hope it's a miniscule portion of your portfolio only because that proves my point from your words but zero portion of mine. I assume you also have the other asinine stock JEPI. Good luck with your magical stocks and just keep doing your whimsical math as that will get you far in the Market!