jesterdeal
New member
Hey, everyone
I'm 28 yo non-US investor here and I found JEPI/Q more attractive and lucrative than our local investments, even with a 25% dividend tax!
I recently sold a property and have $220,000 disposable cash right now and planning a lump sum of 30% of it to JEPI/JEPQ and DCA the rest for 2-3 years.
I aim to generate extra monthly income for myself as a freelancer since my income is cyclical - I have some great months and some ghost months. The dividends are there to supply my ghost months but will reinvest to VOO/SCHD when it's not. Don't worry about my emergency fund since I have 1 year's worth of it.
My main question is, how sustainable are the dividends on JEPI/Q like will there be months that pay low dividends?
Is it also okay to go all-in in JEPI/Q and then diversify along the way? 100% of my portfolio right now is in S&P500 but I have to wait decades to maximize its return and start withdrawing. I need something that supplies my monthly income and I think JEPI/Q fits my goal so far.
I'm 28 yo non-US investor here and I found JEPI/Q more attractive and lucrative than our local investments, even with a 25% dividend tax!
I recently sold a property and have $220,000 disposable cash right now and planning a lump sum of 30% of it to JEPI/JEPQ and DCA the rest for 2-3 years.
I aim to generate extra monthly income for myself as a freelancer since my income is cyclical - I have some great months and some ghost months. The dividends are there to supply my ghost months but will reinvest to VOO/SCHD when it's not. Don't worry about my emergency fund since I have 1 year's worth of it.
My main question is, how sustainable are the dividends on JEPI/Q like will there be months that pay low dividends?
Is it also okay to go all-in in JEPI/Q and then diversify along the way? 100% of my portfolio right now is in S&P500 but I have to wait decades to maximize its return and start withdrawing. I need something that supplies my monthly income and I think JEPI/Q fits my goal so far.