$310,000 in JEPQ = $2900 a month$225,000 in JEPQ = $2110 a monthRent - $1500Utilities - $200Transportation - $300Insurance - $300Food - $300Misc - $200Wifi + phone = $60= $2860If with roommate - $750 = $2110Why do you need millions of dollars? $200-300k in JEPQ is enough to never have to work again. If you get cheaper rent or live with more roommates or stay with your parents you could retire with like $100k
seems easy because it's been a bull market since its existence. qqq would have returned more. i can assure you that in a bear market your simple model will look foolish.
>>62707669JEPQ outperformed QQQ during covid. It outperforms in flat or bear markets because you still get the covered calls divvies even when the market is flat/down. We are heading for that again.
>>62707672>lose 30% of your 300k>make 0.5% a month in dividendsGreat strategy
>>62707706These are just the dividends. The principle still grows. You aren't losing anything. You are gaining in both ways.
>>62707672I like JEPQ and technically you're correct dividend funds tend to be better in flat or bear markets BUT JEPQ would've got heemed in '22 if it existed. It's not bear market proof or even good in one
>>62708190>It's not bear market proof or even good in oneHow? JEPI's return is way worse than JEPQ because they removed the growth stocks from S&P for some reason and it still equaled/beat the index during 2022 even without ithttps://testfol.io/?s=gORWnNgIWKE
