Inside My $1,475,961 Portfolio | October Update 2024

[@upton889]

Jeff thank you very much for posting videos that don't try to click bait with doomsday types of titles and thumbnails, like many other finance/investment channels. This is very much appreciated and a big reason why I subscribed to you (and a big reason why I don't subscribe to others). Thanks for all of the great info! Your channel has quickly turned into one of my favorites!

[@JeffTeeples]

A appreciate this comment as it resonates with me well. It's great to have you here in the community! I love learning more about this stuff together with others. I've been disappointed with my subscription feed more than usual lately. I try not to talk about it much because negativity isn't going to help anyone. For me, I want to make videos that help people with real investing dilemmas. Helping every day people, like myself, to financial freedom is the only goal here. Yes, I would love to make a little money along the way, but slow and steady is okay with me. The crazy thumbnails and ridiculous titles have gotten out of control. It feels disingenuous.

[@upton889]

@JeffTeeples disingenuous and an insult to intelligence. Don't be discouraged, I'm certain with your quality of content, if you stay the course, your message will reach more and more people. 12k subscribers is no small feat! I wanted to also ask: Just curious, with the Fed lowering interest rates, are you still holding off on small cap value? Small cap value was a big riser after Trump's victory, a rise that may not mean anything but is interesting to say the least. I've also seen where the lowering of interest rates significantly benefits small cap companies. For context, I have seen your video on small cap value (and appreciated it!). I currently own small cap value as small percentage of my holdings. Thanks!

[@JeffTeeples]

That is a great question. I think small cap value is a solid long-term winner that is poised for a comeback after underperforming for a time. I don't have any immediate plans to add it, but it may be a good idea. I'm more of a large cap guy in general as I'm boring and like the more steady nature, but small cap value has objectively been better in the past. I'm a little torn overall. I don't love trying to time things, but I have to admit, on paper, small cap value is good right now. Just like I've been buying SCHD while everyone else is screaming growth growth growth! It's not that I try to be oppositional just for the sake of it, but often times the masses rides waves a little too long when everything is looking pretty (:

[@upton889]

@@JeffTeeples I totally agree with you and the old addage of "time in the market beats timing the market." Thank you for your information and conversation!

[@taktoktek]

Me too!!!

[@IndayAria]

Thanks Jeff! Great to see your portfolio updates and the context behind your latest moves

[@JeffTeeples]

Thank you for taking the time to watch Aurea. Your 6 month member badge looks perfect! (: I appreciate your support. I should mention, JEPQ is AWESOME for retirement IMO. It will likely be a nice chunk of our rollover Roth IRA when we get closer. I have not lost faith in it at all. Great index with a lot of volatility (which ironically is great for cash-flow because options work well with ups and downs). I needed cash now after quitting my job, and then frankly got a little addicted to it past the need haha. I think my other holdings are better for accumulation, but I didn't want to stain JEPQ as 'a bad holding'. It is fantastic for what it does, and I will be making a video within the month about my REAL strategy for full retirement. Roth conversions + JEPQ will be in there (:

[@Chad17764]

Thoroughly enjoy your videos. Was waiting patiently this morning for this gem.

[@JeffTeeples]

Thanks Chad. I appreciate the support. I was trying to make more for a while, but I think the Sunday video flow works well for me all things considered. I wanted to be more up to date, but I don't think it is as important as making a quality video with focus regardless of the release window.

[@Chad17764]

@JeffTeeples I look forward to your Sunday videos, I like how you also show to your portfolio updates. I myself invest a little different than you, but have started a section of my portfolio with your style of investing. You are one of my first youtube channels I share with people that I try and get into investing. You break it down so well that anyone can understand and see results.

[@JeffTeeples]

Thanks Chad! I really appreciate that.

[@user-briannahui27]

Thanks!

[@JeffTeeples]

Thanks Brianna! I hope everything is well. Your support of the channel is legendary and I appreciate it!

[@oldrin1876]

So in like 2022 you hit a million and 2024 you were up to about 1.5 million holy smokes! How much have you been contributing to your portfolio in that time?!!?!?

[@JeffTeeples]

My wife and I used to contribute more because I had a 401k as well. This is now part of my E*Trade rollover IRA because I quit my job to start this channel a year and a half ago. Thankfully, the market kept doing amazingly well. We contribute what the spreadsheet says ($3,662 per month). This is her 401k and HSA, and it includes a crazy company match (almost half). So 'we' only contribute about half, but our accounts see inflows of $3,662 per month because of the company help. About $2,000 or so comes from her check. Maybe a little more. I also contribute $100 per week to M1 Finance from this KZbin channel. I consider it a buffer and a bonus to the 'projections', so I don't include it on the spreadsheet to make it more conservative (8% assumed growth and M1 Finance being an additional boost). Honestly man, get started early. If you're already late, get started now. You'll be happy regardless of the magnitude. The best time to plant a tree was 20 years ago. The second best time is NOW. Don't be the person that complains about not having shade forever because you didn't plant the tree many years ago. This answer is general motivation for everyone, not necessary directed at you. You got the wheels turning in my head haha.

[@lindsaynewell6319]

This vid and the comments section got you a new sub. Excited for the retirement content as I’m 1-2 years out and transitioning portfolio.

[@JeffTeeples]

Thank you for the kind words! It is great to have you here in the community. I will also be dropping a retirement video in the coming weeks. Good timing (:

[@lindsaynewell6319]

@@JeffTeeples if you ever get chance to do a collab interview with Armchair Income and/or Wealth Adventures, I think that would make for great content (they did reciprocal interviews recently that were very well received on their channels).

[@kev13nyc]

keep pumping out those financial informational videos Jeff!!!!

[@JeffTeeples]

Will do Kevin. Thank you for the support!

[@TheOriginalTucriah]

I get excited when the market drops. I like my money going further for the long-term perspective.

[@JeffTeeples]

I'm with you! I always get excited to see green days on Seeking Alpha when I check out the portfolio... BUT, when the days are red I realize I'm picking up more shares per dollar that I drop into the market (: I had to learn to explain to my emotions how this works.

[@oommengeorge-dm1ds]

Hi Jeff , I keep watching your videos and it always get new information . Thanks ! . I was the one use your M1 link to create an account use pie !

[@JeffTeeples]

Oh thank you! A channel member and now M1 Finance referral, love it! I'm glad these videos give you new information. I love going on the journey with this community, and the main thing I hope to show over many years is the power of building a system, staying the course, and ignoring the ridiculous news and clickbaity stuff out there. We'll win this simple game over long stretches of time. Enjoy M1 Finance, I still think it is the best platform for building massive wealth on autopilot. Completely hands off once set up.

[@jpchartsfulllife]

Thanks Jeff, great update!! The tease of planning for 2 million and 3 million really has me interested. I am close to the first milestone and very interested in your planned transitions as you achieve FIRE.

[@Schneiderrj84]

Same here.

[@JeffTeeples]

Very nice on your milestone (soon)! Thanks for commenting and for being a valuable channel member. I appreciate it! I'm excited to make my retirement planning video for my personal situation. I've been asked quite a bit 'why this' or 'why that' in my videos, and for good reason. I'll make videos based on people in different situations to try to help the masses. But after being asked a few times what am *I* going to do it gave me the idea for the video. I think Roth Conversion Ladders and 72(t) early withdrawals will be great for people in the $1 to $10 million range. I usually stick to more realistic situations like $500k to $1M, but this one will be fun to share. Stay tuned (not sure exactly when, by the way, but it will happen for sure).

[@JeffTeeples]

I can't wait to get to this one (:

[@Positivecuriosity46]

Awesome Jeff. Thanks

[@JeffTeeples]

Thanks for watching and for leaving a comment. I like making these updates, even though they are a bit of a pain on the recording process lol.

[@Positivecuriosity46]

@@JeffTeeples We always trust your advice and seeing how you adjust to the market. Appreciate it!

[@longbowrider]

Another excellent show!

[@JeffTeeples]

Thanks for being here Druski! Your Sunday support has been awesome! (: I appreciate you taking the time to watch the videos and for dropping positive feedback.

[@chriscarlson9556]

Hey Jeff, could you do a video that talks about your investing journey? Specifically, how you built your portfolio when you to $50k, $100k, $250k etc. You could talk about what you learned on the way. Did you make sacrifices along the way etc. I'm just giving you an idea because I think a lot of your followers would really get a lot out of it. Thanks!

[@JeffTeeples]

Hey Chris! This is a great idea. I've dropped a lot of background over time, but putting it in a single video would be a nice one. It would help people get to know me a little more as well. I'll put it on the idea list. Thank you for your extra level of support by being a channel member. I appreciate it.

[@corebizstyle]

Great Video Jeff!

[@JeffTeeples]

Thank you Bruce! I appreciate you taking the time to watch it and for leaving a comment. Your support for the channel has been awesome.

[@oldrin1876]

So you were able to get out of JEPQ (shares you sold) after getting all those payments from it, as a long term capital gain, and it was in the green?

[@JeffTeeples]

Hey Oldrin. This is correct. JEPQ pays monthly dividends as long as you hold it. These are yours to keep forever. I wanted to sell it to put the money into my modern 3-fund portfolio. It was carrying an unrealized gain, so I wanted to wait at least a year to sell it. This is because I wanted to take advantage of long-term capital gains to help my taxes. I didn't want more ordinary income within the taxable income. All the gains from my JEPQ (not the dividends, the price gains) were taxed like the favorable SCHD dividends because I held the tax lot for at least 1 year before I sold it. The dividends, unfortunately, are taxed as ordinary income from the covered call ETF.

[@martinguldnerAutisticSwanGuru]

​@@JeffTeeplesdividends received from JEPQ are qualified dividends covered call premiums that are not. I know because I've owned JEPQ for 2 years in my taxable brokerage account and seen it on my 1099 statement.

[@JeffTeeples]

This is correct. Unfortunately 92% of the dividends (last year) were from the covered calls. JEPQ uses holdings from the Nasdaq-100 index, which is extremely low yielding. But you are correct that under 10% of the dividends are qualified. I mention that in some videos, but fail to always point it out. Good call and thank you.

[@AlejandroGonzalez-y4x]

Great journey 👍

[@JeffTeeples]

Thank you for watching and for leaving positive feedback. Appreciate it.

[@d.s.9011]

Do you still recommend JEPQ?

[@JeffTeeples]

I do. It is my favorite high yielding asset by a wide margin. I should say that it is important that the risk is understood. If someone needs access to that money in the near term, it isn't the best. The Nasdaq-100 comes with some volatility. But it is my favorite 'long-term' index AND it produces awesome cash *because* it is volatile. In retirement when I have a huge portion of JEPQ in the Roth, a market crash will be fantastic. I will be living on dividends at that point and won't care about the base asset value. The crash will bode well for the dividend yield (it loves a high VIX) AND the reinvestments (at least 20%) will buy more shares per dollar, which produce more dividends. It's a weird concept, but a market crash is amazing for dividend investors that don't sell shares to pay the bills (via 4% rule) assuming all bills are covered, and then some, with the dividend cash-flow.

[@FeliceLanza-kh7iu]

How will SCHD perform if long term bond rates begin to rise from 4 to 6%?

[@JeffTeeples]

SCHD will outperform bonds over any duration because of the superior long-term price appreciation and more importantly, the higher yield on cost. I can't say what SCHD will do tomorrow, next month, next year, even in the next 3 years. But I can tell people they will lose a lot of cash-flow and value investing in bonds at any time in their career. This has never yielded different results in well over 100 years. Own a piece of a company always beats lending money to a company. Even considering crashes.

[@it_coach]

Hey Jeff, thanks for the video. Could you please clarify regarding the VGT and QQQM proportion, cause in some cases it seems that it's going about 50%/50%, but in absolute numbers seems that proportion looks quite different, in the table that you've provided, so what is the best compostion for these two? :) And touching the JEPQ topic, this step was made as you value long term perspectives of SCHD better than having dividends from JEPQ here and now, right?

[@rssharma9]

Nice move, going away from JEPQ. But I don't understand why you have so little VGT in comparison to SCHD. I have a lot of SCHD too but about thrice that amount invested in VGT. Thank you.

[@Kevinw4040]

Growth being 1/3 of the portfolio the two growth ETFs are equaling 1/3

[@JeffTeeples]

Thanks for watching and for the comment. I like my value (SCHD) and growth (VGT + QQQM + VUG) to be a third each of my portfolio. I find SCHD to be the best value holding for my needs (there are other good ones of course) so it gets the full 1/3 of the value section. VGT and QQQM are split up within the 1/3 of growth. VOO gets the full 1/3 of the cornerstone. VGT is my favorite holding and has been for many years now. But I like 'a little' non-tech in my growth at this point. QQQM gives a nice mix for me.

[@rssharma9]

@@JeffTeeples I got it. I understand that part. I only want to point out that for young investors, it doesn't make sense to divide the available money equally between Value and Growth; I myself would allocate 80 to 90% to Growth and the rest to Value. But if it makes you happy and comfortable that way, then it's all good. Thanks for the explanations everyone.

[@JeffTeeples]

You are 100% right. I couldn't agree more. I happen to be a third of each because of my risk tolerance and being in my mid-40's. Younger people, generally speaking, will want a growth tilt. Older folks will definitely want a value tilt (unless they have huge portfolios and a lot of cash, then growth + 4% rule is fine).

[@loakland2773]

Great portfolio overview Jeff. Looking good. Are you going to keep both QQQM and VGT or will you ween away from VGT and your portfolio will be QQQM; VOO; SCHD…??? I’m excited about future growth and build out of my portfolio. Just keep buying. Close to getting $5k dividend payout monthly. Then to a desired goal of $10k monthly payout down the road after more buildout. Thanks for another great video. Looking forward to the next one.

[@JeffTeeples]

Oh man Lance, that is an incredible milestone. Your portfolio is looking good man. I plan to keep both QQQM and VGT in my growth section. The lore behind that is that I'm a huge tech bull, always have been and likely always will be (nothing to do with the current market, AI, blah blah, just seems to always be the 'next thing' in general for the last 30 to 40 years). That said, VGT is 100% tech, and even I got a little suspicious about *that* much tech. After diving deep and realizing (at the time) QQQ had actually outperformed VGT in the last 20 years (this may have changed now, but it is at least close still), I thought QQQM would be a nice balance of 'still tech heavy' but not 'only tech'. But then I realized I do love tech enough to keep my favorite ETF VGT, so I landed on 75% tech in growth (about half of each) for my long-term planning. I sold a chunk of VGT to get started in QQQM. But then decided to let it ride and to (eventually) put 'new dollars' into QQQM when growth becomes underweight. Long-term, I'm happy with the 50/50 mix of them. When retirement, which I'll make a video about soon, I'll lean more to SCHD in the taxable account, and JEPQ in the Roth IRA accounts. I may still have some QQQM and VGT at that point, but when I can cover life with passive income I'll tone it way down.

[@loakland2773]

@ Thank you. Sweet. Looking forward to the retired Teeps video. Please take care.

[@fitbh703]

Are you planning to use xlk for options? Didn’t think you’d hold that if you have vgt in there

[@JeffTeeples]

I'm a VGT guy personally. All options will be done for me through something like JEPQ in retirement. I like the passive approach. The QQQM in E*Trade is my nephews holdings. I used it because I didn't want to have to manually separate VGT and XLK each video, haha. He'll be off my custodial account in E*Trade in about a year (he just turned 17). Funny story, I would have done the same with QQQM. I would buy him SCHG instead to keep them separate as well. However, he had QQQM a lot longer than me (I chose it for him before I was interested in buying it). The Seeking Alpha and spreadsheet only have my holdings. E*Trade is the only area with his stuff right now.

[@fitbh703]

@ love it. I’ve been doing qqqm in all my retirement portfolios for the growth aspect. And vgt in the taxable account. Eventually when I get 100 shares I’d consider some low delta covered calls on the position. Thanks as always for the motivational video and lengthy response!

[@tulio3571]

Just bought 5 shares of jepq for my grandson , he is only 8 , so maybee i should have something .

[@JeffTeeples]

Thanks for watching and for the comment. If this is in a tax-protected account then that is alright. For someone that is 8, I would highly recommend QQQM over JEPQ. It will (*very* likely) produce greater total returns over the next 40 years. JEPQ is made for people that need cash-flow right away, and is rough on the tax bill (if in a taxable brokerage account). Either way, investing for the future is great!

[@greggers6782]

Hey Jeff, just out of curiosity: is there a reason why you don’t do anything with Roth accounts?

[@JeffTeeples]

This is a great question. I do actually have a little (around $15k in E*Trade) in Roth IRAs. My wife and I worked and fell in the 22 to 24% bracket for years with our combined income. I focused on contributing money to our traditional 401ks to get the tax brake in the year the money was earned. This saved 22 or 24%. When I left my job to start this KZbin channel, we were able to both contribution to Roth IRAs on the side. Now it makes sense to take that path. This is the first full year. When she is fully retired and all we have is this channel (I make under $1k a month still here), we will start to aggressively fill up the full 10% and 12% tax brackets (might be 15% again by then) with Roth Conversions each year. Ultimately all our money will be in a taxable or Roth account well before the RMDs in our 70's. But I played the long-term tax game with a strategy I think will save us the most money before we hit 65 to 70. I'm making a video about this soon.

[@BraidenKing-uz8ph]

I’m 19 and wondering if I should add bitcoin or ibit to my 3 fund portfolio of voo schg and schd for the long term or should I just hold off on bitcoin for the long term

[@JeffTeeples]

I don't feel qualified to answer that question. I think it's very personal. I've read many books about BTC and I understand it well (I think, always a bit gray), but I can't say if it's a solid long-term investment or not. I think there are too many strong opinions on both sides and too many unknowns about the future with it. I personally plan to carry about 3 to 5% IBIT moving forward to capture some of the upside without getting too deep. Until we learn more about it over time that is.

[@HenryLopez-uw6hy]

Do you have alerts to notify you when your cash gets above 10%? Or do check on a daily basis? Just wondering how/when you deploy your cash when it gets too high.

[@mikeyis009]

10% is the easiest number to calculate instantly in your head.

[@JeffTeeples]

This is a great question. My cash is in different places so it isn't as easy as dropping a decimal to get the figure on a snapshot. However, that is what I use the spreadsheet in this video for. It takes all of my holdings and gives me a cash % on the target allocation page. When that gets above 10%, I know it is time to buy. When it is below 10% I know it's time to wait and add more to cash. I update this every Friday to see what the coming Monday (my buying day) looks like. Have done it since before the channel. I only 'tracked' the snapshots since 1/1/2022, but have been using the sheet far longer than that. One day I realized it would be cool to keep history (:

[@JeffTeeples]

This does make it easier, but my cash is parked in different spots. However, once I have the spreadsheet updated 10% is the perfect number for mental math.

[@Frenchyreviews]

I use the 3 fund portfolio with schd voo and qqq there’s a little overlap but do you think this is something I can just throw money into evenly and be ok long term ??

[@JeffTeeples]

Absolutely! That is a great plan, and if you stick with it (especially when the market crashes and everyone else is running, you keep buying) you will be very wealthy down the road. The money you put in during a crash will make you wealthier than other contributions. Just stay the course and invest no matter what is happening. Overlap is very misunderstood. It is not (always) a bad thing. At all. Those funds are fundamentally different and if each section of your portfolio is treated as a category (growth, cornerstone, value), you effectively have 0% overlap. I need to make a video to explain this concept further because a lot of people think overlap is bad (which again, it can be sometimes).

[@saurabhkulkarni2177]

What’s your opinion on 60/40 boggle head style portfolio with 10% gold and 30% bonds

[@JeffTeeples]

I do not like a 60/40 portfolio at all. I'm not a fan of gold or bonds for long-term investing. In retirement, I prefer cash-flow growers for 'that section' of a portfolio. Things like SCHD.

[@jboogie5992]

Jeff so I’m 20 years old and I just got into investing 7-8months ago. I hold VOO NVIDIA AMZN XOM CGC and SCHD in my portfolio. I was looking into ABBV,JNJ, or BSX (a lot in healthcare) I want solid growth but I would also want good/stable returns. Should I get into XLV instead of the ETF that holds all of them aswell as UNH and ELI? Of course I will be DCA into any of them.

[@JeffTeeples]

First of all, congratulations for investing at 20 years old. I'm retroactively very jealous of you (: I would build a solid foundation of ETFs up first, personally. I do think you have solid holdings for your individual positions, but it is a lot harder to time entrances and exits with individual holdings in general. And unlike ETFs, they can't go to ZERO (or close to in many cases) when things go awry. You're young, so I would personally lean heavily on something like VGT or QQQM (or both) to get exposure to all of the major tech players over the years. I would certainly have VOO and SCHD as well in the cornerstone and value sections, respectively. I'm 42 and I like a third of each (growth, value, cornerstone). But at 20, you can afford (and even flourish because of) major crashes if you don't panic sell and you keep DCA in. I would lean something like 40% VGT or QQQM (or a mix), 40% VOO, 20% SCHD. Again, you don't have to do exactly that, but the point is that if you DCA in over multiple decades you will be looking great! Stay the course and keep learning. You'll be happy for it later on in life.

[@OscarCastillo-fl9dw]

Jeff I have VTI,SCHD,QQQM. Is worth it adding VGT as a full technology when you already have QQQM and VTI and can creat a major overlap. I don’t know if is smart to hold VGT and QQQM together. I love both want to get your opinion on it.

[@JeffTeeples]

Hey Oscar. Thanks for watching and for the question. I think having QQQM or VGT as your only growth holding works just fine. A combination of them will give you between 50% (QQQM) and 100% (VGT) tech in your growth section. I'm a major tech bull and I used to roll with VGT for 100% tech there. I prefer a mix now to get about 75% tech in my growth section. Bottomline is that QQQM is just fine for your growth section, but mixing them (split dollars within growth to make sure it is still balanced with value overall) doesn't hurt at all.

[@Kevinw4040]

@@JeffTeeples what’s your thoughts on SCHG vs. VUG for growth? I saw you had VUG in your mix. I’m considering adding schg to my VGT to balance out the growth a little.

[@JeffTeeples]

I like SCHG better than VUG. I only have VUG because it is the only decent option in our HSA. I would have 50% QQQM / 50% VGT if I started from scratch today. QQQM will be bought to have it slowly catch VGT when growth needs more money. I think SCHG is right there and replaceable with QQQM. VUG is a peg down in my opinion, but also solid.

[@candlesbypurplerose1010]

Why JEPQ exit?

[@JeffTeeples]

Thank you for watching and for the question. I don't have any thoughts past the video insights. I love JEPQ and will have it in my Roth in retirement. Right now I prefer my modern 3-fund portfolio holdings in the accumulation stage. QQQM will (and has) outperform JEPQ, even with dividends included, because of the higher expense ratio of JEPQ and the nature of covered call ETFs lowering the ceiling in favor of passive income. In retirement, I will care less about maximum growth and more about passive income. JEPQ is great for that. Also, in my taxable account the dividends count as ordinary income and they push my wife and me into a higher tax bracket. That is another negative with this current flow.

[@Asstronauts93]

also why sell JEPQ? the entire point is monthly distributions, just Dca them into what you want more of

[@killersentra]

Probly got his shares for 30-40 bucks

[@JeffTeeples]

I think JEPQ is great to be clear. I sold it because I'm in the accumulation phase of investing and the non-qualified dividends and lack of total return compared to its index (Nasdaq-100, QQQM) are better suited for retirement. I'll use JEPQ in my Roth (so the ordinary income doesn't hurt me) in retirement for sure. And I'll reinvest some of the cash-flow just like you said. For now, I like the modern 3-fund portfolio and it's qualified income better in this stage. It is nearly impossible for JEPQ to outperform QQQM over a long period of time. This is because of the expense ratio and the ceiling capping of the nature of covered calls. It makes less total returns on upswings by design, because it shields downside with juicy cash flow. It will be a flatter return line (this is with dividends included) than QQQM over time, assuming the market goes up (which it always does when we zoom way out). That said, I look forward to juicy JEPQ in full retirement in the Roth!

[@JeffTeeples]

It was more upper 40's I think, but I don't base selling on profit or loss. This was based on my portfolio strategy for the accumulation phase. JEPQ was a temporary Band-Aid after I quit my job to start this channel. It will be a permanent fixture in retirement most likely. I think JEPQ is great for what it is.

[@charlielipthratt7291]

​@JeffTeeples - I was surprised that you sold it! But I get the non qualified dividends dilemma. I've got a .05% chunk of JEPQ in my Roth to fill in the cracks and raise up my early retirement dividends. The plan was to sell it along the way as SCHD and other dividend payers raised their payouts each year. And that might still happen, but it's done so well that I bought 8k more when it dropped under $50 in Aug! I think it's going to be hard to give up those returns if it keeps paying 8 to 9% and slowly moving up.

[@JeffTeeples]

Hey Charlie. Oh I'm still surprised too. I loved the 9%+ cash-flow so much. It was a tough one to walk away from, but I assure you that is temporary. I'm making a video soon to show my full retirement plans and JEPQ along with Roth Conversions will play a key role! I love JEPQ, and my feelings about it haven't changed. I'm just focusing on long-term total returns with qualified dividends at this time. I think QQQM and VGT are better for the accumulation phase. Its a hard cut because I 'love all my children (ETFs) equally' haha.

[@InfoRanker]

Any decent funds that track bitcoin (like IBIT) but pay a small dividend (under 5%)?

[@JeffTeeples]

I have no idea about this one. I only have read about the spot bitcoin ETFs that traces price (like IBIT). For me, BTC is not a dividend play, more of a dark horse with potential crazy price upside. I keep it to a small portion of my portfolio.

[@richardcristancho4724]

Check out yieldmax. They have one that they sell calls on btc. Yield is in the 30% ish. I know it's not exactly what you're looking for...

[@JeffTeeples]

I forget about these. I just can't stomach the compounding cost of the expense ratio with those funds. But you're right in that it is an option.

[@Kevinw4040]

So am I correct in saying you’ve grown this from 80k in 2012 to 1.4M in last 12 years???? How much are you putting in each month out of curiosity?

[@JeffTeeples]

Hey Kevin. That's correct. I have returned around 16% in that time (outperforming the market by quite a bit). But even with just using VOO or VT the power of compound is crazy. The numbers from the back test are 'close'ish' to being right. I mean, we did put in more as we made more money. But I have to use a consistent figure in the scenario on portfolio visualizer. I don't know what we had in 2012 to be honest, I just use $80k as a guess. But the numbers used in the back test are 'pretty close' to reality.

[@Kevinw4040]

@@JeffTeeples why couldn’t someone just hypothetically do Schd/Vgt 50/50 mix? Why mix in

[@Christian_Villanueva]

Hey Jeff! How old are you?

[@JeffTeeples]

I’m 42 years old. Putting me in the ‘wish I started earlier’ camp with every other investor (:

[@Christian_Villanueva]

@@JeffTeeples cool, just gauging myself with you, I'm 26 so hope to be in the same place or better than you but the time I'm your age. Thanks for the response!

[@JeffTeeples]

You got this! I’m cheering for you.

[@royvillagran638]

Hey Teeps, when i was a kid my friends and i would trade baseball cards. If you are a trader, would you like to trade retirement accounts? I'll through in a Stan Musial rookie card and a Jackie Robinson along with a pack of watermelon Bubblicious, a date with my cousin and I'll write your "What are Blue Chip Stocks" paper. 😅

[@JeffTeeples]

Haha, love it Roy. Man, we have a lot in common even outside investing. My friends and I were obsessed with sports cards (and sports in general). Used to go to a local store called Nick's Picks and buy cards on a weekly basis (in addition to renting a video game for the weekend at another place near by). Oh the good ole days (: Thanks for watching and being a pillar of the community here. It has been fun.

[@Asstronauts93]

There is a new Schwab international dividend etf that might be good

[@JeffTeeples]

Schwab is great and has lots of nice ETFs for everything. What is the ticker for this? I'm not looking for international at the moment but I like to track things for the future potential.

[@Asstronauts93]

@@JeffTeeples SCHY

[@JeffTeeples]

Oh yes, that is a nice one! Hutch (the friend I run the HODL Factory with) invests in that one. It is one of my favorites for international exposure. I admit I'm not as knowledgeable with that stuff compared to the US market, but it looks solid to me!

[@user-gr6bv5lf8m]

What is the ticker symbol? Thanks.

[@Asstronauts93]

@@user-gr6bv5lf8m schy i posted it but it disappeared for some reason

[@nelinjo]

1.5M$ and 27k in dividends only🤣🤦‍♂️ I would be already retired with nice chunk of income flowing. This doesn't make any sense.

[@JeffTeeples]

With no house and no kids I would sipping a drink on the beach my friend, lol. All depends on life situation.

[@nelinjo]

@JeffTeeples Even with i think it's enough with right portfolio. Not sure until when you'll grow that but you gotta enjoy some time while you are younger. The point is not to have 5M in 75 at least for me it's not. I need money to retire not in retirement if you know what I mean.

[@JeffTeeples]

Yeah, definitely agree. I have an exit strategy that will use higher and growing dividends to live on forever planned out. I’m going to share the video soon (:

[@jeffho6244]

very soon your Bitcoin position will increase much more than you'd like! lol

[@JeffTeeples]

Haha, I hope so! I'll shave some long-term capital gains to feed the modern 3-fund portfolio. BTC is my dark horse to bolster my portfolio long-term. If it drops to zero, oh well, it was only 2-3%. If it goes to the moon, it is a nice contribution to my favorite holdings (:

[@jeffho6244]

@@JeffTeeples fair enough, but as BTC matures and becomes more globally adopted...I just have a hunch your allocation to it will continue to increase ;)

[@catcat7835]

If you're in accumulation, then why would you ever have JEPQ? You should be all in growth...

[@JeffTeeples]

Thanks for watching and for the comment. I quit my job to start this channel. I needed some extra cash flow in the beginning stages during that transition.

[@gevinization]

Thanks!

[@gevinization]

Thank you for sharing your documents. Some were helpful to me.

[@JeffTeeples]

Thank you for watching and for going above and beyond with a super thanks. I appreciate it and I'm glad some of the spreadsheets were helpful.

[@JeffTeeples]

Thank you! I appreciate the generosity.