I usually agree with you but I actually am connected with Kevin Simpson who manages DIVO on Linkedin and he posts videos consistently on the reasons why they had that amount of cash right now and 100% agree with his reasons...and yes I agree I am running my individual portfolio very similar to DIVO except I am even more strategic with my covered calls (much further out in time, keep it passive) but I think for the average person who doesn't do what we do DIVO is the best option b/c it will keep pace with the likes of SCHD but pay a higher amount of income on a monthly basis. Also, JEPI income will eventually be more in line with its 7-9% historical income yield NOT what it did in 2022. But I favor growth/dividend over higher income less growth.
Hey Richard! Thanks for weighing in. Thanks for the tip on LinkedIn. It would be nice if they posted all of his appearances in the commentary section on their website. 😎
I pay some of my bills with DIVO and I love how the money I’ve invested has grown. Love it so much. Great for income! I love being able to live off my money without touching my money. I didn’t hear you say DIVO has outperformed the S&P.
I've felt DIVO has been under-rated for some time now. It gives a good return with monthly paying divided. There is a lot to love when it comes to DIVO.
Great video. I agree, in my portfolio I also pick higher dividend like you do. So my returns are higher. I also do weekly covered calls which allows me to do more calls/puts with less chance they'll be assigned. When I was at Texas Instruments years ago we worked with Schlumberger on a project. "Slum Berr Jay " is how me and my fellow engineers said it. Granted we are not linguists but we were never corrected by the Schlumberger engineers so we must have been close (engineers love correcting any miscue). Thanks again!
You’re simply the best! I decided to invest in DIVO a couple of weeks ago, in part based on your Amaaaazing videos posted last year comparing various ETFs. Merci from Montreal!
Now that's what I call a streamlined approach. I could see myself doing this but also doing a percentage in SPY and selling calls on it. Lots of expiration dates and liquidity on SPY options.
Investing can be so simple. I'm thinking of cashing in all my individual stocks and switch to those ETFs. I already have JEPQ and BST. I'm also looking at DGRO and trying to find a REIT ETF.
A 70%/30% portfolio of SCHD and JEPI would give you about a 5%+ starting yield with a 8%+ dividend growth rate. Higher total return, very strong organic dividend growth, and much better tax treatment than DIVO. Replace JEPI with more SCHD or another DGI ETF like DGRO as the income naturally grows above what you need every month to lower taxes and improve long term total return. 💯💯
TBH, this has been my thought process also. If I only could hold a single fund, it may be DIVO. But I have no such limiation. So I can do SCHD/JEPI with lower expense ratios, and higher div growth. And the combo can easily be altered depending on if I want more growth or need more income.
My only concern with JEPI is that most such funds that pay distributions that high all suffer from asset erosion, with the fund not being around long enough to see whether or not that is the case. It's quite possible that both DIVO and SCHD significantly outperform it in the long run.
I think we should take a deeper dive on the best method for mixing these Dividend ETF's... More to come here as I like your thought process. =) THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
@@AverageJoeInvestor Yes, I'm intrigued with what Thomas P is saying here. It would be great if you made a video on his claims in regards to income, growth and lower taxes with.
Great video as always. I typically load my portfolio with only SPY. I dollar cost average every week with the sole goal of adding an extra covered call contract to sell. I love SPY for the growth, the decent dividend, and the great covered call premium. Rather than time the market I typically just do sell covered calls on a normal cadence so that I always have various covered calls decaying so I can buy to close them at the end of expiration. I have been thinking about adding in DIVO to increase my cash flow and have something more or less on "autopilot". I think DIVO might be the best for me at this stage...trying to keep things simple.
I appreciate your video. I write cash covered Puts and covers Calls on my portfolio of 22 stocks. I do have DIVO and JEPI in the portfolio and they have done well. Thanks again.
I own both(thx for the breakdown Joe) I have a much heavier position in jepi do to a lower expense ratio,growth in share price in bull market&held up very good when things went to hell.(especially with a little dca) of course there's more but this is the comment section...not my own channel. ✌️out!
Excellent deep dive. I like the hodgepodge approach Divo takes. It’s an anchor in my portfolio that I can depend on. I have other investments that I take risks on. I would like to see where covered calls takes me later, but this is actual results I can base it on. Have a great day!
I am new in investment. Thanks for your videos. About DIVO, I worry about the ROC of dividend which is around 30% in 21 and 22 (from their annual report). Or I just misunderstand the report ? Seeking alpha has an article on the similar subject on 2020
Many people like DIVO as they are approaching retirement or already retired. Once you are retired, you will live 20 plus years. My preference is a combination approach, some growth like QQQ plus S&P like VOO, dividend ETF like DIVO, some bonds, and emergency cash in money market.
The way you explained DIVO it’s kind of like a player is on the sidelines, your getting plays in the game but you’re not risking yourself of injury but you’re also not putting up the most points versus other players so is DIVO best to use when you hit that million range to be able to earn money but still be conservative? I’m 19 years old with $50,000 invested should I avoid DIVO right now and focus on SCHD, QQQ, SPY, JEPI for maximum growth of my money?
I'm 5 years away from retirement, so I'm transitioning from accumulation phase to income. I own both DIVO & JEPI. I prefer JEPI because it will generate more income & it seems JEPI has decent capital appreciation. I trust the management team at JP Morgan probably more than Amplify. I added $O Realty Income to these two for income. I almost like O better than Divo. Thoughts/comments?
@@arigutman It’s just the Nasdaq 100 multiplied times 3. So instead of needing $3,000 to buy $3,000 worth of the Nasdaq you only need $1,000. So if I buy $10,000 of TQQQ & $10,000 of NDX & the Nasdaq goes up 50% my TQQQ shares would be worth $25,000 while my NDX shares would only be worth $15,000.
Yeah, it makes logical sense. I did look around a bit for more commentary but missed this. They really should include these appearances on there commentary page for more insight. =) THANK YOU for watching Dan and for leaving your $0.02 in the comments! 😎👍🏻
Lol, your comment about Exxon is exactly what I said a few weeks ago in a video. To me Exxon is better in every category that matters, but that’s just my opinion. Nice video as always joe.
No problem with holding cash in the fund. Since it's actively managed, that cash is likely not just sitting around. They're likely trying to time their investments, adding on dips in share prices, and some amount of the cash is probably the proceeds of the covered calls sold against the shares. And, since they're paying monthly dividends, I'd expect that they have to build up a certain amount each month to pay out.
I like JEPI very much now that I am retired. For me cashflow is a must and JEPI gives me this in spades and leaves money left over to buy individual stocks. I also like their low .35% expense rate.
😀 Schlumberger pronounced shluhm·buh·zhay which along with Halliburton and Baker Hughes is one of the largest oil field service companies in the world.
Great video Joe, thank you. Hey, can you do a follow up perhaps to this and compare DIVO and SCHD? I think it'll be great. Another question: Why do you think they don't own AVGO? It seems to me like it's a perfect fit for their portfolio, what are your thoughts why they don't own it? Thanks man!
There’s no comparison. SCHD pays a similar yield and increasing. SCHD increases/decreases the same with S&P. I can’t see why any investor would pick DIVO when SCHD exists
@@philelmo DIVO's dividend has more than doubled over the last 5 years and due to the fact that it sells covered calls, it pays a higher dividend. (4.77% vs 3.37% TTM) Another reason to pick DIVO is because its holdings are more concentrated...giving the potential of greater upside. That isn't a knock against SCHD. It's less volatile. IMO, they both have a place in one's portfolio.
I think both SCHD and DIVO could deserve a spot in your income portfolio and it probably depends on what you are trying to accomplish. =) SCHD has a lower yield but a consistent dividend growth rate. DIVO should always yield more than SCHD given its investing approach. As far as why AVGO isn't in the portfolio I have no idea. I really AVGO for its yield and dividend growth. If I could own 100 shares and sell calls I would do it in a heartbeat. =) Can't justify $50K for one position right now though, haha. Maybe when I have a $1 million portfolio in the future. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
@@stevofromiowa I don’t know where you’re getting your information. But when I looked at the DIVO dividend history from 2017, the rate has never increased much. Always between 0.12-0.14 cents/share. Can you please verify this?
I have yet to see any monthly distribution covered call ETF beat q's or spy. some might show less variance and draw down but generally after taxes and management fees. NONE of these are beating their parent underlyings by any significant amounts. Also would look at 2022 draw down to see how each etf performed.
You have to keep a good bit of cash when you sell covered calls on all your shares because when your shares are called away you will need extra cash to buy back the shares.
Travis, I am not sure how much cash you need to put aside for this purpose. Certainly not $200 million. If the investment manager was selling Cash-Secured Puts then YES absolutely you would need a sizeable cash position. =) THANK YOU for watching Travis and for leaving your $0.02 in the comments! 😎👍🏻
I like your way of trading. I just don't want to do it myself. What I want is an ETF that trades like you do in your own account. So, the real question is what ETF would you use if you were not trading the stocks yourself?
GREAT QUESTION! DIVO is great and maybe also with SCHD. =) There's a video idea... The best ratio of DIVO/SCHD or DIVO/SCHD/JEPI. =) THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
Yes, I watched their Q3 Recap video. MARATHON got called away twice. APPLE got called away and a few others. THANK YOU for watching Brian and for leaving your $0.02 in the comments! 😎👍🏻
I would love to have a investment in a fund that you have made since I trust and respect your decisions. I am invest mainly for dividends to pay bills so I’m looking for the funds that pay the most as safely as possible.
ok but 2022 was a really tough year and we got to see the players in the game and JP Morgan's Jepi team performed really well. In a Bull market even idiots made money!
Skepticism is natural for a new fund like this, however JEPI performed quite well considering the bear market, if anything I have more faith now then ever.
Hey Jay, I can appreciate that. NUSI did look pretty good given how it performed with the COVID Crash the reality has shown though that it ONLY performs well when the market shoots down HARD. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
@@AverageJoeInvestorMany other stock analyst on YT say similar things about JEPI, that it only performs well in a bear market and won't do as well in a bull market. Would you agree?
Schlumberger is among the largest and most important oilfield services/geological companies in the world. The name is French, so "..berger" is pronounced more like "..bairzhay". :)
Pacer’s Fund COWZ tracts the top 100 companies, of the Russel 1000, based on cash flow yield. This method has allowed this fund to perform well since its 2016 inception date. The fund has performed well and offers price stability protection in down markets. COWZ owns both Exxon and Chevron. The downfall for me is the low yield of 1.84%. But, I like the offered capital protection and appreciation. DIVO, similar sounding to rock band DEVO, has a proven track record of performance. Just like DEVO. But, with only a yield of 4.74%, I would rather invest in Vanguard’s High-Yield Bond Corporate Fund at 6.64%. DIVO doesn’t make me want to dance like DEVO. The other funds I have have danced to are HNDL, a fund of funds, at 7.39% and YYY paying 11.43%. While NUSI, my Naughty Underperforming Stock Investment, still pays me 8.81%. As always your information is first rate less DEVO attire.
I hear ya that you can do better writing covered calls yourself. But, but . . . I don't wanna do better. Well, more to the point, I don't wanna write my own CCs. That's what I pay the 0.55% ER for - to let them do it for me, while sipping Mai Tais on a beach earning almost 5%. I live DIVO as further diversification from SCHD and JEPI. Yes, I own both, and yes, I can mimic what DIVO gives me just by owning, say, SCHD/JEPI in a 60/40 mix. But I don't think I'm di"wors"ified by owning DIVO, too.
Your point is well taken! I totally get it. I am going to be exploring some of the best ways to mix some of these ETF's in the coming weeks. =) THANK YOU for watching Jon and for leaving your $0.02 in the comments! 😎👍🏻
I have DOW in my dividend portfolio. I've been looking to sell it (currently in profit) for a dividend grower in the same industry with a decent starting yield. Any ideas?
LYB LyondellBasell Industries N.V. is also in the MATERIALS sector, has a dividend yield of 5% and a dividend streak of 11 years consecutive dividend growth || DGR = 5.9% 4.2% 5.8% 12.5% for the 1/3/5/10 years. Worth a look. =)
pronounced slum ber jay - oil field services - Paris, London, Houston - In 2020, SLB launched its New Energy business to explore partnerships and opportunities in low-carbon and carbon-neutral technologies.
hi, I don''t use instagram... you mentioned to contact you... I have owned Slumberger for many years, it has been up and down since covid and the trend toward green but even as my IRA had some edison utility that went belly up and evaporated. since it is involved in seeking resources, I have stayed with it... I think many non-US companies are more fairly priced compared to similar American ones, but there are problems with owning foreign stocks (taxes, no drip on some ADRs -for a couple).
Thanks for your review on DIVO. Since you've never heard of or know how to correctly pronounce Slumberger, it's safe to assume that you don't know much about the oil industry or why someone would choose CVX over XOM.... or why owning DOW is a good idea. No worries. I won't hold your youth and inexperience against you! ;-) Chevron is the best run large oil company in the world and doesn't have the nonsensical ESG anchor around its neck. As a company, it will grow faster than XOM which means its dividends will as well. It should be noted that Buffett owns a ton of shares of CVX. As for DOW, it's a petrochemicals play. You're hung up on dividend growth, but there's something larger at play. Presumably, you're aware of the disruption of the energy markets in the EU due to the Russia/Ukraine bruhaha, right? Well, the petrochemicals industry uses a ton of natural gas to make product, and natural gas in Europe costs about 5 times what it does here. (when they can get it) This puts European players at a competitive disadvantage to the US where natural gas is much cheaper and more plentiful. DOW is and will continue to benefit from this greatly, so expect them to be a dividend grower in the years moving forward because it will take years for new supply chains to replace Russia to develop. To me, it's clear that they are betting on the emerging long term oil bull market. And that is where their stock picking acumen is going to help them earn outsized returns compared to their peers. As for their cash position, I would take that as an overall bearish sentiment of the market where they're looking for lower entry points for their holdings. When you can buy good companies on the cheap, your average return grows substantially. Earning 5% on covered calls is meaningless when your holding drops by 20%. Not losing money makes you more money in the long run. Anybody can learn to read financial statements or be good at math. But understanding the economic cycles and how geopolitics factor into the equation is an art. Those who can master the art (there are very, very few) are among the wealthiest people in the world. You've got the math part down. When you can add those other tools to your arsenal, you're going to see your net worth explode.
@@TK-123 Yes and no. If the conflict ends tomorrow, there are still going to be problems that won't just fix themselves. It's going to take years to establish new supply chains and that holds true for both Russia to ship product as well as Europe to get it. The future of the Nord Stream is in doubt. In addition, there is going to be a significant portion of Russian production that simply isn't coming back. The oil in the Arctic is technically challenging to extract, and with the pullout of the Western Multinationals, they are going to lose both expertise as well as access to parts. Opinions differ as to how much is going to be lost, but estimates range from 1-3M bbls per day. Point being, Russia/Ukraine gets a lot of the blame for the structural supply deficit that was in effect even before it happened. But it certainly affects short term prices.
Touché, YES I have been educated. It just hasn't come across me since it doesn't routinely raise its dividend which is the type of dividend stock I focus on. =) THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
Hey Jack! You can usually catch glimpses of the portfolio in certain videos but I keep my active current portfolio REAL-TIME for my Patreon Community. If you’re interested there is a link in the description of all my videos. 😎👍
Good video Joe. BTW, Schlumberger (oil services company) rhymes with lingerie; as an example. It’s definitely not pronounced as spelled; except when poking fun at the uninformed.
LOL, people like me. I'll own it... It just hasn't come across my desk as I focus on dividend stocks with a history of raising their dividend. =) THANK YOU for watching and for leaving your $0.02 in the comments!
Very interesting, i will have to look at this more closely. I was set to put the bulk of my cash into JEPI when the time is right (probably later this year) but perhaps a split is a better option. Something to think about. Not sure DIVO is an option or not but this video has very good information.
@@JC-li8kk yes JEPI is a covered call ETF. It’s not as obvious as their options are hidden as ETN’s in the portfolio so they are very proprietary with the strategy BUT it definitely IS there. 👍😎
@@rd9102 I thought it was just a high dividend ETF composed of several high dividend stocks. But it makes sense because all the dividends from those stocks alone do not add up to a 10% dividend. But I thought the stock price was mainly determined by how the dividend stocks perform. So if KO is up 10% this year most likely JEPI will be up 10%.
I have issues with DIVO. If I want a ETF with better growing divys and better stock price appreciation I'd use SCHD. If I want higher income from divys I'd use JEPI. I think DIVO's turnover is too high to capture their stock holdings growing divys. And that is why the their divy growth is flat. I like DIVO but not enough to own it anymore.
The option market is nearly non-existent. Very few contracts traded and the few near the money strikes don't earn enough premium to risk getting your shares called away.
Like Steve said, very low volume or premium here. Same goes for JEPI/QYLD/RYLD/XYLD/etc. THANK YOU for watching Kevin and Steve and for leaving your $0.02 in the comments! 😎👍🏻
I don't know about others but it really takes very little time for me. Maybe 1 hr a week possibly 2 if I include research on a new position in the portfolio. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
Nothing is certain in this life but you should easily take DIVO or any of the GlobalX ETF's from a sustainability standpoint. They don't write ATM options and they balance growth and income. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
That’s my main issue with DIVO, the lack of dividend increases even though their portfolio has dividend growers. Edit: If they fixed this key issue it would be the #1 income fund in my opinion.
I get it. I think I am going to explore the best way to combine some of these Dividend ETF's... =) More to come! THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
Thanks for the feedback! I will take that away for a potential future video idea! =) THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
@@AverageJoeInvestor for sure! I started the video then wasn't able to finish it right away but the intro made me remember to come back 😂 kudos for getting that attention rate up. Lol
I saw another income investor model JEPI. JP Morgan had a mutual fund with the same strategy as JEPI. It was started like 10 years ago. They created JEPI using the same model of that Mutual fund. I can’t remember the name, but Joe can use that data if he wants to go back a few years.
No, I don't think so. JEPI doesn't have any tax-deferred benefits like an MLP does so perfectly OK to do so. =) THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
Guys, Schlumberger is an Austrian family name and they speak an German dialect! Shlum-burger, Sh like in shit and then lum like slums and then burger like in hamburger. Shlumburger
DEVO is an American rock band from Akron, Ohio. DIVO is Dividend paying ETF from Amplify. I bought JEPI and DIVO about the same time and DIVO (not DEVO) has performed better for me. Just sayin'...
Can’t see why anyone would pick DIVO when SCHD exists. The yields are not far off and SCHD has increasing dividends. SCHD also moves exactly like S&P where DIVO loses the upside or downside (lower volatility as a disadvantage). I’m thinking it’s even worse than JEPI. When you overlay JEPI DIVO, the movement is nearly identical
Actually DIVO is a bit more correlated to SPY than SCHD (.93 v. .92), but I hold both (and JEPI, JEPQ and VIG as well) to be diversified. Not sure I would want to only hold one fund.
Even if an investor like DIVO wouldn't it just be better to replicate it yourself and save the .55% fees. I don't see the point of this ETF except to possibly copy it. There's my .02
THANK YOU for weighing in! Yes, I imagine you could do something pretty similar by just monitoring their daily holdings and then selling options as they do. Interesting idea... THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
Retired now so working for income and less volatility. Got DIVO for a bit of diversity, IDVO for a bit of International exposure, and some JEPI for the flat out income along with about 20 other fairly diverse dividend stocks in the portfolio, So far only down for about 3% on cost in 2022 with around 7.7% overall dividend income. I'm happy considering how the market performed in 2022. Very good video Joe.
It's not terrible given the active management you get and the positive results thus far BUT it is much higher than SCHD. =) THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
I can appreciate where you are coming from. I wouldn't characterize my coverage of QYLD as "The Shit" and I feel I did a pretty good job of explaining, especially in subsequent videos why QYLD COULD BE a good fit in certain situations. To @spooler24's point, I am always learning and taking in new information AND to @steveofromiowa's point, I am continually becoming a more informed investor. =) All that to say I AM ALWAYS OPEN TO FEEDBACK!! =) THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
I recently saw the Manager of DIVO and he is expecting a large drop in the market based on the Rate increases a way over valued market. So he , like the rest of us who play technicals is holding a large cash position for much much better bargains.
I like it Dave. That makes sense logically. I listened to their Q3 Market recap and there as no mention of it. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍
Make sure to leave your $0.02 in the comments! I respond to all comments left on the day I post the video! =)
It’s pronounced “slumber jay” Lol.
Touché, appreciate the feedback! =)
I usually agree with you but I actually am connected with Kevin Simpson who manages DIVO on Linkedin and he posts videos consistently on the reasons why they had that amount of cash right now and 100% agree with his reasons...and yes I agree I am running my individual portfolio very similar to DIVO except I am even more strategic with my covered calls (much further out in time, keep it passive) but I think for the average person who doesn't do what we do DIVO is the best option b/c it will keep pace with the likes of SCHD but pay a higher amount of income on a monthly basis. Also, JEPI income will eventually be more in line with its 7-9% historical income yield NOT what it did in 2022. But I favor growth/dividend over higher income less growth.
Hey Richard! Thanks for weighing in. Thanks for the tip on LinkedIn. It would be nice if they posted all of his appearances in the commentary section on their website. 😎
I pay some of my bills with DIVO and I love how the money I’ve invested has grown. Love it so much. Great for income! I love being able to live off my money without touching my money. I didn’t hear you say DIVO has outperformed the S&P.
AWESOME!! THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
I've felt DIVO has been under-rated for some time now. It gives a good return with monthly paying divided. There is a lot to love when it comes to DIVO.
Well said! THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍
Great video. I agree, in my portfolio I also pick higher dividend like you do. So my returns are higher. I also do weekly covered calls which allows me to do more calls/puts with less chance they'll be assigned. When I was at Texas Instruments years ago we worked with Schlumberger on a project. "Slum Berr Jay " is how me and my fellow engineers said it. Granted we are not linguists but we were never corrected by the Schlumberger engineers so we must have been close (engineers love correcting any miscue). Thanks again!
Thanks for weighing in Andy. Yes I’ve got about 25 people in the comments informing and educating me LOL… 🤪🤣 THANK YIU for weighing in! 😎👍
You’re simply the best! I decided to invest in DIVO a couple of weeks ago, in part based on your Amaaaazing videos posted last year comparing various ETFs. Merci from Montreal!
Awesome Dominique! THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍
Schlumberger was founded by French folks, the last syllable ("ger") is closest to the English word "jay."
My portfolio is literally just 45% SCHD, 30% DIVO, and 25%JEPI. LOVE IT
What's the average yield across the 3? I was thinking of doing a similar idea
@@pg3wg generally about 5-6% depending on how much JEPI is paying
Now that's what I call a streamlined approach. I could see myself doing this but also doing a percentage in SPY and selling calls on it. Lots of expiration dates and liquidity on SPY options.
Investing can be so simple. I'm thinking of cashing in all my individual stocks and switch to those ETFs. I already have JEPQ and BST. I'm also looking at DGRO and trying to find a REIT ETF.
@@hansschotterradler3772 Reality Income Corp is not a etf but good!
I used to be in divo, schd and jepi. I'm retiring in June and moving my position to schd and jepi.. it's better on cost and well balanced.
A 70%/30% portfolio of SCHD and JEPI would give you about a 5%+ starting yield with a 8%+ dividend growth rate. Higher total return, very strong organic dividend growth, and much better tax treatment than DIVO.
Replace JEPI with more SCHD or another DGI ETF like DGRO as the income naturally grows above what you need every month to lower taxes and improve long term total return.
💯💯
TBH, this has been my thought process also. If I only could hold a single fund, it may be DIVO. But I have no such limiation. So I can do SCHD/JEPI with lower expense ratios, and higher div growth. And the combo can easily be altered depending on if I want more growth or need more income.
My only concern with JEPI is that most such funds that pay distributions that high all suffer from asset erosion, with the fund not being around long enough to see whether or not that is the case.
It's quite possible that both DIVO and SCHD significantly outperform it in the long run.
I think we should take a deeper dive on the best method for mixing these Dividend ETF's... More to come here as I like your thought process. =) THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
@@AverageJoeInvestor Yes, I'm intrigued with what Thomas P is saying here. It would be great if you made a video on his claims in regards to income, growth and lower taxes with.
Thomas P is this what you're doing with your portfolio? I'm sure we'd all love to see the numbers.
Great video as always. I typically load my portfolio with only SPY. I dollar cost average every week with the sole goal of adding an extra covered call contract to sell. I love SPY for the growth, the decent dividend, and the great covered call premium. Rather than time the market I typically just do sell covered calls on a normal cadence so that I always have various covered calls decaying so I can buy to close them at the end of expiration. I have been thinking about adding in DIVO to increase my cash flow and have something more or less on "autopilot". I think DIVO might be the best for me at this stage...trying to keep things simple.
I appreciate your video. I write cash covered Puts and covers Calls on my portfolio of 22 stocks. I do have DIVO and JEPI in the portfolio and they have done well. Thanks again.
AWESOME MICHAEL!! Keep up the great work! =)
This video is right on time, thank you for taking such a deep dive! I'll continue investing in DIVO but just at a slower pace. Thanks again!
AWESOME!! THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
I own both(thx for the breakdown Joe) I have a much heavier position in jepi do to a lower expense ratio,growth in share price in bull market&held up very good when things went to hell.(especially with a little dca) of course there's more but this is the comment section...not my own channel. ✌️out!
When a dividend comes along
You must whip it!
Love to see a video on JEPI, JEPQ, and JEPY. Similarities and differences, pros and cons. Thanks very much.
Excellent deep dive. I like the hodgepodge approach Divo takes. It’s an anchor in my portfolio that I can depend on. I have other investments that I take risks on. I would like to see where covered calls takes me later, but this is actual results I can base it on.
Have a great day!
Well Said and THANK YOU for the feedback!
I am new in investment. Thanks for your videos. About DIVO, I worry about the ROC of dividend which is around 30% in 21 and 22 (from their annual report). Or I just misunderstand the report ? Seeking alpha has an article on the similar subject on 2020
SLB is the largest oil/gas exploration company in the world. It is the favorite of the investment bankers too..
Many people like DIVO as they are approaching retirement or already retired. Once you are retired, you will live 20 plus years. My preference is a combination approach, some growth like QQQ plus S&P like VOO, dividend ETF like DIVO, some bonds, and emergency cash in money market.
For SLB say: Slumberjay and that gets you close.
or Schlumberzhay
LOL, that is actually very helpful! Thanks!! =)
It's an oil company.
@@michaelsixty-five2724 Oil services company to be precise. Largest one in the world.
They provide alot of sub surface equipment for artificial
Lift. Pretty much the gold standard.
The way you explained DIVO it’s kind of like a player is on the sidelines, your getting plays in the game but you’re not risking yourself of injury but you’re also not putting up the most points versus other players so is DIVO best to use when you hit that million range to be able to earn money but still be conservative? I’m 19 years old with $50,000 invested should I avoid DIVO right now and focus on SCHD, QQQ, SPY, JEPI for maximum growth of my money?
I'm 5 years away from retirement, so I'm transitioning from accumulation phase to income. I own both DIVO & JEPI. I prefer JEPI because it will generate more income & it seems JEPI has decent capital appreciation. I trust the management team at JP Morgan probably more than Amplify. I added $O Realty Income to these two for income. I almost like O better than Divo. Thoughts/comments?
100% agree.
No JEPQ?
Thank you for sharing, interesting and insightful as always... Keep up the solid content, brother. VTI remains the winner for me!
I think I’m going to go heavy into TQQQ & VTI. Once markets recover & stabilize then I will move all TQQQ profits to JEPI.
@@JC-li8kk Have to look into TQQQ, but loving that VTI chess move!
@@arigutman It’s just the Nasdaq 100 multiplied times 3. So instead of needing $3,000 to buy $3,000 worth of the Nasdaq you only need $1,000. So if I buy $10,000 of TQQQ & $10,000 of NDX & the Nasdaq goes up 50% my TQQQ shares would be worth $25,000 while my NDX shares would only be worth $15,000.
The DIVO manager was on CNBC a couple of weeks ago and he said he was raising cash right now, assuming a ST bear market?
Yeah, it makes logical sense. I did look around a bit for more commentary but missed this. They really should include these appearances on there commentary page for more insight. =) THANK YOU for watching Dan and for leaving your $0.02 in the comments! 😎👍🏻
Great info! I will re evaluate my knowledge on DIVO!
Lol, your comment about Exxon is exactly what I said a few weeks ago in a video. To me Exxon is better in every category that matters, but that’s just my opinion. Nice video as always joe.
THANKS for the feedback! I appreciate it! 😎👍
Retired last year at 59. Hold JEPI AND DIVO in equal amounts as only two covered call ETFs. 7.5% each Total portfolio.
Is this still a good choice for you. On the verge of retirement, trying to come up with a plan. Thanks
Yes, to DIVO, JEPI, SCHD and JEPQ. Thanks for the video.
You bet Fernando!! THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
No problem with holding cash in the fund. Since it's actively managed, that cash is likely not just sitting around. They're likely trying to time their investments, adding on dips in share prices, and some amount of the cash is probably the proceeds of the covered calls sold against the shares. And, since they're paying monthly dividends, I'd expect that they have to build up a certain amount each month to pay out.
Average Joe - nice video. My $0.02 is … own both DIVO and JEPI.
I like it!! THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍
Good video Joe, too small a fund and not enough yield, happy with JEPI, JEPQ and SCHD
THANK YOU for watching Andrew and for leaving your $0.02 in the comments! 😎👍🏻
Totally agree
Good morning. Thanks for sharing information. Following.
Joe, did you try to trade ‚the dogs of the Dow‘ dividend strategy and sell covered calls on these shares?
I like JEPI very much now that I am retired. For me cashflow is a must and JEPI gives me this in spades and leaves money left over to buy individual stocks. I also like their low .35% expense rate.
😀 Schlumberger pronounced shluhm·buh·zhay which along with Halliburton and Baker Hughes is one of the largest oil field service companies in the world.
Great breakdown and explanation. Thanks!
Great video Joe, thank you. Hey, can you do a follow up perhaps to this and compare DIVO and SCHD? I think it'll be great. Another question: Why do you think they don't own AVGO? It seems to me like it's a perfect fit for their portfolio, what are your thoughts why they don't own it? Thanks man!
There’s no comparison. SCHD pays a similar yield and increasing. SCHD increases/decreases the same with S&P. I can’t see why any investor would pick DIVO when SCHD exists
@@philelmo DIVO's dividend has more than doubled over the last 5 years and due to the fact that it sells covered calls, it pays a higher dividend. (4.77% vs 3.37% TTM) Another reason to pick DIVO is because its holdings are more concentrated...giving the potential of greater upside. That isn't a knock against SCHD. It's less volatile. IMO, they both have a place in one's portfolio.
I think both SCHD and DIVO could deserve a spot in your income portfolio and it probably depends on what you are trying to accomplish. =) SCHD has a lower yield but a consistent dividend growth rate. DIVO should always yield more than SCHD given its investing approach. As far as why AVGO isn't in the portfolio I have no idea. I really AVGO for its yield and dividend growth. If I could own 100 shares and sell calls I would do it in a heartbeat. =) Can't justify $50K for one position right now though, haha. Maybe when I have a $1 million portfolio in the future. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
@@stevofromiowa I don’t know where you’re getting your information. But when I looked at the DIVO dividend history from 2017, the rate has never increased much. Always between 0.12-0.14 cents/share. Can you please verify this?
Are both consider qualified dividend or ordinary income?
JEPI and JEPQ for the win!
Haha, THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍
Kevin Simpson is a regular on CNBC. Holding excess cash cause of SP volatility.
His segments should be on DIVO’s website in the commentary section. 😎
You probably already know by now but Schlumberger is an oil field services company. It gets mentioned quite a bit on CNBC
I have yet to see any monthly distribution covered call ETF beat q's or spy. some might show less variance and draw down but generally after taxes and management fees. NONE of these are beating their parent underlyings by any significant amounts. Also would look at 2022 draw down to see how each etf performed.
Excellent deep dive on DIVO, Thankyou Joe
Glad it was helpful! THANK YOU for watching and for leaving your $0.02 in the comments!
Can I buy Divo true Robinhood an get the same dividends?
I like jepq w their 15.89 div then reinvest that into small amts of many reits and bdcs
You have to keep a good bit of cash when you sell covered calls on all your shares because when your shares are called away you will need extra cash to buy back the shares.
Lol lol huh
Travis, I am not sure how much cash you need to put aside for this purpose. Certainly not $200 million. If the investment manager was selling Cash-Secured Puts then YES absolutely you would need a sizeable cash position. =) THANK YOU for watching Travis and for leaving your $0.02 in the comments! 😎👍🏻
Thank you for that the astute observation, and the earworm: CRACK THAT WHIP!
I like your way of trading. I just don't want to do it myself. What I want is an ETF that trades like you do in your own account. So, the real question is what ETF would you use if you were not trading the stocks yourself?
GREAT QUESTION! DIVO is great and maybe also with SCHD. =) There's a video idea... The best ratio of DIVO/SCHD or DIVO/SCHD/JEPI. =) THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
@@AverageJoeInvestor Maybe---schd-50%,divo-25% and jepi=25% only my guess, I think the audience would like to have you opinion on this,
Excellent summary, for a great DIVO.
Thanks for the feedback! I appreciate it! 😎👍
I believe they had a number of options get called away last month. Manager said he was going to sit on the cash and look for good opportunities.
Yes, I watched their Q3 Recap video. MARATHON got called away twice. APPLE got called away and a few others. THANK YOU for watching Brian and for leaving your $0.02 in the comments! 😎👍🏻
This concerning DIVO?
Do a everything you need to know about JEPI video
If you factor the t bills, actually about $280m in cash, or almost 11%.
That’s true… cash AND Cash Equivalents
I would love to have a investment in a fund that you have made since I trust and respect your decisions. I am invest mainly for dividends to pay bills so I’m looking for the funds that pay the most as safely as possible.
I think the congregation had a point about JEPI's short existence as a product for investors.. Remember the rave reviews about NUSI prior to 2022?
ok but 2022 was a really tough year and we got to see the players in the game and JP Morgan's Jepi team performed really well. In a Bull market even idiots made money!
Skepticism is natural for a new fund like this, however JEPI performed quite well considering the bear market, if anything I have more faith now then ever.
Hey Jay, I can appreciate that. NUSI did look pretty good given how it performed with the COVID Crash the reality has shown though that it ONLY performs well when the market shoots down HARD. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
@@AverageJoeInvestorMany other stock analyst on YT say similar things about JEPI, that it only performs well in a bear market and won't do as well in a bull market. Would you agree?
Schlumberger is among the largest and most important oilfield services/geological companies in the world. The name is French, so "..berger" is pronounced more like "..bairzhay". :)
Very informative. I always learn a ton from you.
Thanks for the feedback Jeannette! 👍😎
Pacer’s Fund COWZ tracts the top 100 companies, of the Russel 1000, based on cash flow yield. This method has allowed this fund to perform well since its 2016 inception date. The fund has performed well and offers price stability protection in down markets. COWZ owns both Exxon and Chevron. The downfall for me is the low yield of 1.84%. But, I like the offered capital protection and appreciation.
DIVO, similar sounding to rock band DEVO, has a proven track record of performance. Just like DEVO. But, with only a yield of 4.74%, I would rather invest in Vanguard’s High-Yield Bond Corporate Fund at 6.64%. DIVO doesn’t make me want to dance like DEVO. The other funds I have have danced to are HNDL, a fund of funds, at 7.39% and YYY paying 11.43%. While NUSI, my Naughty Underperforming Stock Investment, still pays me 8.81%. As always your information is first rate less DEVO attire.
Joe, look at SPYD . Same yield as DIVO. But more consistent dividend growth and about same growth rate over the years. What do you think ?
THANKS
I hear ya that you can do better writing covered calls yourself. But, but . . .
I don't wanna do better. Well, more to the point, I don't wanna write my own CCs. That's what I pay the 0.55% ER for - to let them do it for me, while sipping Mai Tais on a beach earning almost 5%.
I live DIVO as further diversification from SCHD and JEPI. Yes, I own both, and yes, I can mimic what DIVO gives me just by owning, say, SCHD/JEPI in a 60/40 mix. But I don't think I'm di"wors"ified by owning DIVO, too.
Your point is well taken! I totally get it. I am going to be exploring some of the best ways to mix some of these ETF's in the coming weeks. =) THANK YOU for watching Jon and for leaving your $0.02 in the comments! 😎👍🏻
@@AverageJoeInvestor I'm looking forward to see what you come up with and the results!
I have DOW in my dividend portfolio. I've been looking to sell it (currently in profit) for a dividend grower in the same industry with a decent starting yield.
Any ideas?
LYB LyondellBasell Industries N.V. is also in the MATERIALS sector, has a dividend yield of 5% and a dividend streak of 11 years consecutive dividend growth || DGR = 5.9% 4.2% 5.8% 12.5% for the 1/3/5/10 years. Worth a look. =)
Lyb
pronounced slum ber jay - oil field services - Paris, London, Houston - In 2020, SLB launched its New Energy business to explore partnerships and opportunities in low-carbon and carbon-neutral technologies.
hi, I don''t use instagram... you mentioned to contact you... I have owned Slumberger for many years, it has been up and down since covid and the trend toward green but even as my IRA had some edison utility that went belly up and evaporated. since it is involved in seeking resources, I have stayed with it... I think many non-US companies are more fairly priced compared to similar American ones, but there are problems with owning foreign stocks (taxes, no drip on some ADRs -for a couple).
Thanks for your review on DIVO. Since you've never heard of or know how to correctly pronounce Slumberger, it's safe to assume that you don't know much about the oil industry or why someone would choose CVX over XOM.... or why owning DOW is a good idea. No worries. I won't hold your youth and inexperience against you! ;-) Chevron is the best run large oil company in the world and doesn't have the nonsensical ESG anchor around its neck. As a company, it will grow faster than XOM which means its dividends will as well. It should be noted that Buffett owns a ton of shares of CVX.
As for DOW, it's a petrochemicals play. You're hung up on dividend growth, but there's something larger at play. Presumably, you're aware of the disruption of the energy markets in the EU due to the Russia/Ukraine bruhaha, right? Well, the petrochemicals industry uses a ton of natural gas to make product, and natural gas in Europe costs about 5 times what it does here. (when they can get it) This puts European players at a competitive disadvantage to the US where natural gas is much cheaper and more plentiful. DOW is and will continue to benefit from this greatly, so expect them to be a dividend grower in the years moving forward because it will take years for new supply chains to replace Russia to develop.
To me, it's clear that they are betting on the emerging long term oil bull market. And that is where their stock picking acumen is going to help them earn outsized returns compared to their peers. As for their cash position, I would take that as an overall bearish sentiment of the market where they're looking for lower entry points for their holdings. When you can buy good companies on the cheap, your average return grows substantially. Earning 5% on covered calls is meaningless when your holding drops by 20%. Not losing money makes you more money in the long run.
Anybody can learn to read financial statements or be good at math. But understanding the economic cycles and how geopolitics factor into the equation is an art. Those who can master the art (there are very, very few) are among the wealthiest people in the world. You've got the math part down. When you can add those other tools to your arsenal, you're going to see your net worth explode.
I agree, Warren Buffett bought a bunch of CVX in 2022 as well.
Steve, well done. I expect the conflict in Ukraine will determine everything, as Russia is escalating the rhetoric again.
@@TK-123 Yes and no. If the conflict ends tomorrow, there are still going to be problems that won't just fix themselves. It's going to take years to establish new supply chains and that holds true for both Russia to ship product as well as Europe to get it. The future of the Nord Stream is in doubt.
In addition, there is going to be a significant portion of Russian production that simply isn't coming back. The oil in the Arctic is technically challenging to extract, and with the pullout of the Western Multinationals, they are going to lose both expertise as well as access to parts. Opinions differ as to how much is going to be lost, but estimates range from 1-3M bbls per day.
Point being, Russia/Ukraine gets a lot of the blame for the structural supply deficit that was in effect even before it happened. But it certainly affects short term prices.
Schlumberger is the largest offshore drilling company which was started in the 1800.
Touché, YES I have been educated. It just hasn't come across me since it doesn't routinely raise its dividend which is the type of dividend stock I focus on. =) THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
On shore too..
Can you post your current holdings? Thanks
Hey Jack! You can usually catch glimpses of the portfolio in certain videos but I keep my active current portfolio REAL-TIME for my Patreon Community. If you’re interested there is a link in the description of all my videos. 😎👍
Do a PEY ETF video. Good dividend with growth and dividend growth rate for a little over 20 bucks a share. Monthly payer as well..
Good video Joe. BTW, Schlumberger (oil services company) rhymes with lingerie; as an example. It’s definitely not pronounced as spelled; except when poking fun at the uninformed.
LOL, people like me. I'll own it... It just hasn't come across my desk as I focus on dividend stocks with a history of raising their dividend. =) THANK YOU for watching and for leaving your $0.02 in the comments!
Very interesting, i will have to look at this more closely. I was set to put the bulk of my cash into JEPI when the time is right (probably later this year) but perhaps a split is a better option. Something to think about. Not sure DIVO is an option or not but this video has very good information.
Are you sure JEPI is a covered call ETF??
@@JC-li8kk yes JEPI is a covered call ETF. It’s not as obvious as their options are hidden as ETN’s in the portfolio so they are very proprietary with the strategy BUT it definitely IS there. 👍😎
THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
@@JC-li8kk How would you classify it?
@@rd9102 I thought it was just a high dividend ETF composed of several high dividend stocks. But it makes sense because all the dividends from those stocks alone do not add up to a 10% dividend. But I thought the stock price was mainly determined by how the dividend stocks perform. So if KO is up 10% this year most likely JEPI will be up 10%.
Have you ever thought about managing a covered call etf?
I have issues with DIVO. If I want a ETF with better growing divys and better stock price appreciation I'd use SCHD. If I want higher income from divys I'd use JEPI. I think DIVO's turnover is too high to capture their stock holdings growing divys. And that is why the their divy growth is flat. I like DIVO but not enough to own it anymore.
How about selling covered calls against your DIVO position? Would that increase your profits substantially?
The option market is nearly non-existent. Very few contracts traded and the few near the money strikes don't earn enough premium to risk getting your shares called away.
Like Steve said, very low volume or premium here. Same goes for JEPI/QYLD/RYLD/XYLD/etc. THANK YOU for watching Kevin and Steve and for leaving your $0.02 in the comments! 😎👍🏻
We're gonna have the $HYAJ ETF before we know it
HAHA, the HIGH YIELD AVERAGE JOE ETF??? I like it!! =) THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
@@AverageJoeInvestor that's the idea lol
Great video but I'm pretty sure I will be sticking with jepi, schd and vym.
Fair enough! =) THANK YOU so much for that feedback! I really appreciate it. =) THANK YOU for watching and for leaving your $0.02 in the comments!
how many hours per week or month does it take to sell covered calls on the whole portfolio ?
I don't know about others but it really takes very little time for me. Maybe 1 hr a week possibly 2 if I include research on a new position in the portfolio. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
What happens to divo in 30 or 40 yrs? Is it still functioning?
Nothing is certain in this life but you should easily take DIVO or any of the GlobalX ETF's from a sustainability standpoint. They don't write ATM options and they balance growth and income. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
That’s my main issue with DIVO, the lack of dividend increases even though their portfolio has dividend growers.
Edit: If they fixed this key issue it would be the #1 income fund in my opinion.
I get it. I think I am going to explore the best way to combine some of these Dividend ETF's... =) More to come! THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
@@AverageJoeInvestor Someone mentioned 70% SCHD 30% JEPI.
I like the stock but yield need to be better based on holdings my personal view
THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
I’d love some videos on UCITS covered call ETFs…. Would love to be able to buy into the likes of JEPI etc.
Thanks for the feedback! I will take that away for a potential future video idea! =) THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
CVX pays $2+ more than XOM on dividend per share Slightly higher yield with XOM but CVX is currently $70 more per share.
You’re correct. THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
Haha I love the intro
Thanks! 🤪 I debated taking it out or leaving it in… sounds like I made the right choice. 😎👍
@@AverageJoeInvestor for sure! I started the video then wasn't able to finish it right away but the intro made me remember to come back 😂 kudos for getting that attention rate up. Lol
I saw another income investor model JEPI. JP Morgan had a mutual fund with the same strategy as JEPI. It was started like 10 years ago.
They created JEPI using the same model of that Mutual fund. I can’t remember the name, but Joe can use that data if he wants to go back a few years.
JEPIX is the mutual fund you are thinking of
This is true and I should do a follow up video on JEPI some time similar to how I did DIVO. 😎👍
fantastic content Joe!!
Thanks for the feedback! I appreciate it!! 😎👍
Do a video on $JEPQ
Already done! Here is the link:
ruclips.net/video/qL2XFoNMoJg/видео.html
@@AverageJoeInvestor
Thank you 🙏
DIVO only have 199 institutional owners while JEPI already have 607 institutional owners despite being a newer ETF. I would rather buy JEPI than DIVO.
JEPQ and SCHD man here…
Expense ratio kills Devo for me.
Is it foolish to hold JEPI in a tax deferred account?
No, I don't think so. JEPI doesn't have any tax-deferred benefits like an MLP does so perfectly OK to do so. =) THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
Guys, Schlumberger is an Austrian family name and they speak an German dialect! Shlum-burger, Sh like in shit and then lum like slums and then burger like in hamburger. Shlumburger
Thanks for weighing in. I have been educated. =) THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
DEVO is an American rock band from Akron, Ohio. DIVO is Dividend paying ETF from Amplify. I bought JEPI and DIVO about the same time and DIVO (not DEVO) has performed better for me. Just sayin'...
LOL, touché... THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
Can’t see why anyone would pick DIVO when SCHD exists. The yields are not far off and SCHD has increasing dividends. SCHD also moves exactly like S&P where DIVO loses the upside or downside (lower volatility as a disadvantage). I’m thinking it’s even worse than JEPI. When you overlay JEPI DIVO, the movement is nearly identical
Actually DIVO is a bit more correlated to SPY than SCHD (.93 v. .92), but I hold both (and JEPI, JEPQ and VIG as well) to be diversified. Not sure I would want to only hold one fund.
'Slumber- Jay' not Schlum-burger LOL its an Oil Company
2023 Total Return Performances:
SPY: +10%
QQQ: +26%
DIVO: +0.50%
SCHD: -5.63%
Ofc a one year average is exactly how someone should evaluate a buy 😂😂
@@jba414SPY beating SCHD over last 10 years too.
Even if an investor like DIVO wouldn't it just be better to replicate it yourself and save the .55% fees. I don't see the point of this ETF except to possibly copy it. There's my .02
THANK YOU for weighing in! Yes, I imagine you could do something pretty similar by just monitoring their daily holdings and then selling options as they do. Interesting idea... THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
It’s pronounced “slumber jay”
Almost. shlumber jay. Founded in France so say like a Frenchie.
Ouch. I wasn’t even close… 🤪😂 THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍
Slum-ber-shay. It's a French word.
Schlum' ber Zha' (a foreign name, not pronounced like the English 'er').
IDVO global stocks version of DIVO😅😅😅
Yes, it's just SO NEW that it's hard to come to any conclusions yet. =) THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
Retired now so working for income and less volatility. Got DIVO for a bit of diversity, IDVO for a bit of International exposure, and some JEPI for the flat out income along with about 20 other fairly diverse dividend stocks in the portfolio, So far only down for about 3% on cost in 2022 with around 7.7% overall dividend income. I'm happy considering how the market performed in 2022. Very good video Joe.
Yeah right a .55 expense ratio yeah no way I’m good
It's not terrible given the active management you get and the positive results thus far BUT it is much higher than SCHD. =) THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
You seem to change your mind a lot. A year ago you thought that QYLD was the shit. Then you thought that JEPI was great. Can you make up your mind?
With new information, you can make better decisions...
He's still a little wet behind the ears. He's learning as he goes.
I can appreciate where you are coming from. I wouldn't characterize my coverage of QYLD as "The Shit" and I feel I did a pretty good job of explaining, especially in subsequent videos why QYLD COULD BE a good fit in certain situations. To @spooler24's point, I am always learning and taking in new information AND to @steveofromiowa's point, I am continually becoming a more informed investor. =) All that to say I AM ALWAYS OPEN TO FEEDBACK!! =) THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
I recently saw the Manager of DIVO and he is expecting a large drop in the market based on
the Rate increases a way over valued market. So he , like the rest of us who play technicals is holding a large cash position for much much better bargains.
I like it Dave. That makes sense logically. I listened to their Q3 Market recap and there as no mention of it. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍