How Long It Takes To Turn $50K Into $1M With JEPQ ETF

[@christopherzorthian8182]

2.4 shares, just waiting for a dip to buy more

[@ddunvideo]

Thanks for the insight

[@DuffyJ1111]

I just pivoted a while back as I was too heavy in the financials sector. 21 shares of JEPQ.

[@karsinds]

Powerful ETF: high dividends and capital appreciation. I started a small position.

[@travismartinson1813]

I have 66 shares of JEPQ and 71 shares of JEPI. I use the income to mostly invest in other stocks and etfs, whatever is down when I receive the dividends. If everything is up I buy USFR and TFLO to stack cash for the dip.

[@michaelhuber1107]

Buffet style, I like it

[@CL-em1tk]

I purchased JEPQ 300 shares withing last 3 weeks, planning to add 50 every months

[@Shark3y22]

Do you think JEPQ would do a forward split if it hit like $100 per share? Like what SCHD did

[@jonmccallum4477]

Can you comment on taxes? Most high income ETFs are taxed at ordinary income. If it is in a Roth it makes sense but for a taxable account that eats into overall upside significantly.

[@DrunkenDove]

Relatively new to investing, but from what I have found, there are two types of dividend ETFs "qualified" vs "non-qualified". Depending on what kind of assets are in the ETFs they'd be taxed as income or "dividend" tax rates, dividend tax rates would be lower and are from "qualified" dividends and dividend ETFs. Please do your own research as I am still actively researching this myself to better understand it all.

[@killersentra]

Regular income

[@christopherzorthian8182]

@@jonmccallum4477 works best in a retirement account because you don’t have to worry about taxs. I try to stick with qualified etfs like voo or schd in my taxable accounts. You can try spyi or qqqi witch offer high yield with tax advantages that lower your tax burden. When i checked my tax form it was a big tax break. I can’t remember exactly but i can look it up again tomorrow if you want to know how much was not qualified

[@martinguldnerAutisticSwanGuru]

You failed to mention that some of the income on these covered call ETFs is return of capital

[@stevenhudson7591]

Can you explain why if JEPQ's share price grows every year and the yield was set to stay the same but it appears to go down yearly?

[@cadetkec]

I have been adding 5 shares of JEPQ each week into the retirement account

[@Aaronymous_71]

Is it best to avoid having $JEPQ in a taxable brokerage account because of the tax implications? I currently have several shares in my Fidelity account and have been adding shares, but now wondering whether I should discontinue if my dividend payments are going to be eaten away by taxes?

[@RazcuhL]

Wondering this too I use robinhood

[@Kevinw4040]

Jepq dividends will be tacked as ordinary income at the end of the year. It’s best if you use a fund like this inside a Roth IRA where you won’t pay any taxes on it depending on how much you have I would quit buying jet Q and wait for it to switch over to long-term capital gains and sell out from it or just dump it and get rid of it

[@Aaronymous_71]

@ Thanks! That’s kinda what I was thinking. My mistake buying this without understanding the tax implications. Thankfully I hadn’t gotten too deeply invested in it.

[@davidshafer3355]

About 1400 all goes back to the drip

[@marshallmason1]

It's cute how you expect JEPQ to consistently deliver 11.27% yields on top of 7% CAGR for decades based on only two years of data while the stock market historically only returned 8.5%.

[@extremelylargeslug4438]

Only need 3% CAGR to cover inflation

[@MannySimoneCards]

Meh. Growth stocks all the way