SUPERLIKE. thank you for breaking down differences based on taxes. Helps make decision on how to approach Dividend ETF or not approach them.

Dave, the reason JEPI had such a good 2022(losing less than SPY) was because it had a light concentration in Information technology. As you may recall the NASDAQ was down 30% and the S and P was minus 20%ish. JEPI has no downward protection by buying puts. I just checked and the current % in information technology for JEPI is 14.6%. This is much closer to the S and P 500 allocation. If technology takes another dive like 2022 you would have JEPI pretty much so follow suit. That said, I own JEPI but like SPYI more(own a bunch of it) because it distributes 1% of it's principle per month(12% annually) and 90% of its distributions are considered return of capital. If you own this in a taxable account as I do, paying 24% federal and 6% state it makes a HUGE difference.

100% agree to all of this. Investing for income is great, but even greater if you are investing the gains from decades of growth investing. Firmly in both camps right now with taxable accounts transitioning to income and retirement accounts still invested in growth for at least another 10 years.

I have both jepi and voo as well as vti

Always a wealth of information. Good job outta you.

The explicit goal of JEPI is "low volatility" and IIRC they say they seek about 80% of the return of the S&P 500 (which will be realized primarily as distributions). Think of it as an alternative to about 70% in VOO and 30% in intermediate bonds.

Voo if you are not retiring, if you are 4 years or less to retire Jepi is better if you are going to live off the income

I'm in my early retirement JEPI and JEPQ are working out just fine for me to pay my bills. I don't worry about taxes as I need cash flow! Uncle Sam will always want its cut! If I had VOO, I'd selling some to get the similar income. It's fine in an up year however in a down year, it'll not be that pretty!

Another great, informative video, thanks Dave and happy 2024 (we hope it will be!)

I have both at 67 years old. As stated, like the appreciation of voo and the distributions of jepi. Watch all your videos for information and really like your coverage of covered etf and clear explanations. If you have time, wondering if you noticed the increase in svol's expense ratio and your thoughts on it. Thanks!

You get wonderful results Dave ! Well done.

Excellent video, clarity and brief, thanks.

Great overall view of the differences and the advantages that each type of investing offers. This video falls in line with my thoughts for retirement. My Plan is simplified for retirement and is 3 pronged. 1. I will take the total amount of all my yearly expenses including food and fuel plus 10% and invest into funds like JEPI so as to replace my payroll check and receive the periodic dividends for daily expenses. 2. I will lock in 5 years of that total expenses number in 1 and invest into high grade U.S. government bonds for a cushion. 3. The rest will stay in main line ETF's such as the Spiders and Blackrock ETF for overall wealth building. Maybe there will be something to put into 2 and 3, we will see.

Dave great video, can you review Goldman etf, GPIX and GPIQ

Thanks for another great video. We also pay state income tax on distributions. Obviously that depends on the state you live. Here in MD, I pay about 6%. I like the idea of dividend/income investing. But for my taxable account I switched my focus on lower yielding ETFs (SPGP, CGDV,).

I think a blend of high growth and high yeild with proper use of margin is the best thing overall.. Hcmt qqh lgh should be looked into

JEPQ really did well this last year. About 22% return and 10 yield.

Nice well rounded video.

Very informative. Thank you!

Hi Dave, enjoyed the video! Would you suggest to put VOO, JEPI, and SPYI into traditional IRA where tax will be applied once I make withdrawals in retirement. Thanks in advance.

happy to design the wealth adventures logo for you if you’d like

Thanks Dave, love your presentation style & channel! I'm having a hard time deciding which 'bucket' I fall into - I'm 60 and about 5-7 yrs away from retirement. Am I close enough to start slowly building up to more income positions? I do have 1 already, you're right, it is fun to watch it 😊

Hi Dave- I would be interested in seeing a video on how seasonality affects the stock market and trying to follow a historical market return pattern for investing for a better return. I know timing the market is a bad idea usually but the market does seem to behave similarly at different times of the year and maybe this is enough information for a better return than just buy and hold? Anyway, I love your content and your perspective…

Perfect Dave. Simple is good. VTI SCHD JEPI FOR JUICE! Which bond etf do you prefer? Thanks again!!!

Hi Can you please give your opinion on TLTW, LQDW, TSLY, NVDY ? Thanks

nice simple and efficient portfolio, did you think about including XLU in it ? using the same reasoning that you explained for XLV : XLU underperformed in 2023 but everybody needs utilities and if consumption grows so does XLU

What about buying Jepi/jepq/Spyi as a younger guy and letting the shares accumulate over time.? Today’s shares will be cheaper than they will in 20-30years . I don’t see anybody talking about this . Or is my idea going to my to back fire? I figure if I can get 1000 shares of something that distributes 10-12 % monthly and can build up to 10,000 by retirement that’s a good chunk of my monthly expense ( even if variable) .

Thanks, how about an analysis of XYLG, QYLG and RYLG ??

Thank you for your analysis. I have XYLD 30% and DIVB 70% now. I buy those ETF from 50% of my salary. I may buy VTI instead of DIVB. I paid too much of tax in NY every year. So XYLD (30%) vs VTI (70%) should be good? My target is $3M ($1M of XYLD and $2M of VTI) in 15 years when I retire.

Would it be a good idea to have jepi or jepq in my Roth Ira? I have voo and vug already. I thought would be good to have a dividend focused etf for the snowball effect

But what if you hold JEPI and use margin to buy others. Lower volatility makes sense then.

thnx sir for your content , what about an non-american investor , is he still going to pay those taxes ?

As a foreign investor I'm wondering whether there are equivalents of JEPI domiciled in a country which doesn't charge withholding tax, such as e.g. Ireland or the UK?

Hi Dave, what do you think about this portfolio as a 22 year old focused on growth, looking to DCA and hold for 10+ years: VOO, QQQM, SCHD, SCHG, XLK

Would you tax on dividends if it’s in an IRA?

JEPI will always loose out to VOO in long term and even in short term.

All investing is "income" investing. The goal of investments is to fund future spending. The aversion to having to sell some shares in a down market is irrational when you factor in long term opportunity cost, fees and taxes. These covered call products don't do anyone any favors.

I see virtually no difference in performance. JEPI will give you way more money overall.

Jepi is a good income fund for retirees like me