I have all 4, JEPI, JEPQ, SPYI, QQQI in my IRA which I must take mandatory distributions form. I let the dividends pay the MRD each year and reinvest the rest back into the 4. The MRD goes into my taxable account which I use mainly with Qualified dividend ETFs and those with return of capital. Money generating machine that throw me up to $6K per month distributions from Taxable and Non Taxable accounts. Living the good life.
I appreciate the commment. Jepq beta is .88 and JEPI is .59. While I agree both are under one and lower than the market, Jepq is much more volatile than JEPI, according to beta, almost 50% more.
An issue issue I have with SPYI and QQQI is use of 1256 contracts with in a taxable brokerage account you will pay 40% of capital gains as short term capital gains every year even if don't sell. JEPI and JEPQ both have dividends that are qualified dividends which in my 12% US federal tax bracket I am taxed at 0%.
So the majority of jepi and Jepq distributions come from options premiums, which are at your regular tax rate. You will get LT gains on the dividends, and short term on the options. With Spyi and QQQI, they also pay dividends which will be considered long term gains, but for the options portion of their distribution, it is 60/40%, it is is a little more tax advantageous.
@@DividendStockpile I hold JEPI and JEPQ in a taxable brokerage account. On my brokerage account 1099 their dividends are taxed as qualified dividends for me in the 12% US federal tax bracket taxed at 0% their options premiums are taxed as ordinary income. I also own Global X covered call ETFs for the Dow Jones Industrial Average and the Russell 2000 index for me taxed as ordinary income or eturn of capital.
JEPI and JEPQ are mostly ordinary income. SPYI and QQQI are mostly “good” return on capital. I own all 4 and have seen it on my taxes. JEPI and JEPQ are in IRA. SPYI and QQQI are in taxable.
If you had the option to only invest in 1 or 2 of: SCHD, JEPQ, JEPI, & SPYD, which 1 or 2 would u choose? I’m trying to decide. My goals is monthly consistent dividends with high yield and I’m 23 y/o and want to contribute $200/mo
@@Soulastro12 at 23, I would do a mix of DGRO, SCHG, and maybe SCHD. You have lots of time before you will likely need the income so I would go for high growth. If you want the current income, JEPQ and QQQI would be good choices to add/supplement
@@DividendStockpile Thanks! I plan to contribute a maximum of $200 per month. With this amount, I could either split it into four payments of $50 each to 4 stocks, three payments of $66.66 each into 3 stocks, two payments of $100 each into 2 stocks, or contribute the entire $200 in one payment to 1 stock. The the current income isn’t needed, but wouldn’t it return higher since it’ll snowball more? Thanks for the stock recommendations, I will do my research into DGRO & SCHG that you mentioned. But if you were in my situation would it be better to invest the full amount into 1, split into 2, or split between 3? I looked up DGRO it looks amazing, along with SCHD for growth, & JEPI. What are your thoughts?
Yes, very likely so. That said, it is more work and you have to have knowledge of how to do it effectively. Buying these you are outsourcing the options writing and stock selection. I do my own calls and also own ETFs like these.
@@vichart011 I do the wheel strategy - 5DTE and under .20 delta on my puts, and at the money for my calls if the shares got assigned. Mathematically, 30-45 days is usually the best.
Excellent presentation! I own JEPI, JEPQ & SPYI only in my IRA accounts for the income.
Thank you for the comment. Great choice on location for the tax benefit!
Thank you Jeremy, appreciate you putting this together. Great presentation!
Glad you enjoyed it! Thanks for watching!
I have all 4, JEPI, JEPQ, SPYI, QQQI in my IRA which I must take mandatory distributions form. I let the dividends pay the MRD each year and reinvest the rest back into the 4. The MRD goes into my taxable account which I use mainly with Qualified dividend ETFs and those with return of capital. Money generating machine that throw me up to $6K per month distributions from Taxable and Non Taxable accounts. Living the good life.
That is amazing Alex! That is the good life for sure. You are my hero!
I guess for me in retirement best would be JEPQ. Good video. Thank you.
Thanks for watching. JEPQ is a great fund
Great presentation! Thank you. Could you please compare SPYI with SPYT? Thank you.
Great stuff Jeremy.... Love your work....
Thanks Lance! I appreciate your support
Nicely explained thank you
Thanks for your feedback and for watching!
I OWN ALL FOUR ;AND FEPI !!!!!!!
@@ANTHONYFRANZ-gi2qc heck yeah! I still need to dig into FEPI
The difference in Beta between JEPI and JEPQ isn't much and both are less than 1, so neither is high risk in a down market
I appreciate the commment. Jepq beta is .88 and JEPI is .59. While I agree both are under one and lower than the market, Jepq is much more volatile than JEPI, according to beta, almost 50% more.
Excellent presentation! I am subscribed.
Thanks for watching and subscribing. Glad you liked it!
An issue issue I have with SPYI and QQQI is use of 1256 contracts with in a taxable brokerage account you will pay 40% of capital gains as short term capital gains every year even if don't sell. JEPI and JEPQ both have dividends that are qualified dividends which in my 12% US federal tax bracket I am taxed at 0%.
So the majority of jepi and Jepq distributions come from options premiums, which are at your regular tax rate. You will get LT gains on the dividends, and short term on the options. With Spyi and QQQI, they also pay dividends which will be considered long term gains, but for the options portion of their distribution, it is 60/40%, it is is a little more tax advantageous.
@@DividendStockpile I hold JEPI and JEPQ in a taxable brokerage account. On my brokerage account 1099 their dividends are taxed as qualified dividends for me in the 12% US federal tax bracket taxed at 0% their options premiums are taxed as ordinary income. I also own Global X covered call ETFs for the Dow Jones Industrial Average and the Russell 2000 index for me taxed as ordinary income or eturn of capital.
@@DividendStockpile in Spyi and qqqi does it really dilute the investment Capitol portion ?
JEPI and JEPQ are mostly ordinary income. SPYI and QQQI are mostly “good” return on capital. I own all 4 and have seen it on my taxes. JEPI and JEPQ are in IRA. SPYI and QQQI are in taxable.
@@unorthodocs1 I agree with your analysis. Your set up is a good balance for taxes.
If you had the option to only invest in 1 or 2 of: SCHD, JEPQ, JEPI, & SPYD, which 1 or 2 would u choose? I’m trying to decide. My goals is monthly consistent dividends with high yield and I’m 23 y/o and want to contribute $200/mo
And I want to reinvest the dividends so it’ll be like a snowball growth effect
Or any other u feel is good in my situation
@@Soulastro12 at 23, I would do a mix of DGRO, SCHG, and maybe SCHD. You have lots of time before you will likely need the income so I would go for high growth. If you want the current income, JEPQ and QQQI would be good choices to add/supplement
@@DividendStockpile Thanks! I plan to contribute a maximum of $200 per month. With this amount, I could either split it into four payments of $50 each to 4 stocks, three payments of $66.66 each into 3 stocks, two payments of $100 each into 2 stocks, or contribute the entire $200 in one payment to 1 stock. The the current income isn’t needed, but wouldn’t it return higher since it’ll snowball more? Thanks for the stock recommendations, I will do my research into DGRO & SCHG that you mentioned. But if you were in my situation would it be better to invest the full amount into 1, split into 2, or split between 3? I looked up DGRO it looks amazing, along with SCHD for growth, & JEPI. What are your thoughts?
What about investing equally in all 4?
@@JermeyLyles not a bad idea. I own all 4 but in different amounts
Is it better to own spy qqq and sell 20 delta Call evry 45 days ? Instead of owning these high yielding etf ?
Yes, very likely so. That said, it is more work and you have to have knowledge of how to do it effectively. Buying these you are outsourcing the options writing and stock selection. I do my own calls and also own ETFs like these.
@@DividendStockpile what’s the best dte and delta to sell ?
@@vichart011 I do the wheel strategy - 5DTE and under .20 delta on my puts, and at the money for my calls if the shares got assigned. Mathematically, 30-45 days is usually the best.
@@DividendStockpile thank you