JEPQ로 전부 갈아타야 할까? 🤔

Why not invest in growth, avoid tax drag, and save for a modest ring? Or buy a ring now, invest the rest in growth, and avoid tax drag?

Diversification.

I'm not familiar with USFR but as a JEPQ investor, I'd encourage diversification in some growth ETFs (QQQ, VTI, VOO). Also fairly low risk but will allow you to benefit from more of the gains we've been getting lately.

I cannot give you financial advice. But for me, I would consider holding QQQI or ROCQ in a taxable account over JEPQ because of the difference in tax treatment. Especially, if I am using the money to save for something.

Theres always iroth jepq

Simple: because QDVO exists.

Because dividends are not free money. You would have the same or better total return just holding QQQ and making your own “dividend” by selling shares.

If you aren't going to spend the dividends then there's no point. If you are, then I would suggest splitting your income ETFs among different things. For example, I hold OVL which doesn't cap the upside, but adds risk during downturns instead. With the recent changes, it's probably the #1 income ETF available. I would also rather hold a more general covered call ETF instead of one focused so heavily on tech. I think JEPQ is something like 50% tech at this point. That seems kinda crazy.

You also don't have to hold ETFs for dividend income that use either calls or puts. There's a lot of interesting ones out there to play with. It's too late now, but one example would be NDIV. I'm also going to hold DIVO for life. I've been holding IDVO for a long time too.

How old are you?

That's not shitposting. I'm legit asking.

Covered call investment funds have a problem in that long-term results lag the underlying. It's the nature of covered calls--you're sacrificing upside for income.

That might be good if you're a retiree or near-retiree with a big portfolio and you're just getting married late. That's stupid if you're 25-30 years old and still in accumulation phase.

If the latter, you're better off selling some holdings to buy the ring, and then invest whatever is left in index funds and let it ride for 30+ years.

But if you're in accumulation phase, don't mess around with JEPQ.