3Mon·

Excellent etf

$JEPQ (-0.09%) Excellent covered call etf: grow + high dividends, no NAV decay.

6 Comments

TotallyLost@TotallyLost

3Mon

"Option sellers eat like chickens and go to the bathroom like elephants."

-Nassim Nicholas Taleb

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Gehebeltes-EFH@Gehebeltes-EFH

2Mon

Nope, let's leave that alone.

I recommend the 3 videos by Ben Felix on covered call ETFs.

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Marc@Marc

2Mon

@Gehebeltes-EFH I recommend you join me on my shopping spree next month, when the JEPQ will be transferring about 400 euros net, no matter what the market does. 😎

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Gehebeltes-EFH@Gehebeltes-EFH

2Mon

@Marc Have you seen the videos?

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Marc@Marc

2Mon

@Gehebeltes-EFH Yes, I’m aware of the downsides too. I simply can’t make a living off capital gains, and I also hold some very strong stocks like Apple, Broadcom, KLA, and ASML for their price and dividend growth. I’ll have to live off my portfolio later on, and selling stocks/shares is too risky and too expensive from a tax perspective. The Americans just don’t have that problem. In Germany, we have the FIFO principle, and selling when your ETF is up 500% is more expensive from a tax perspective than the dividend.

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Gehebeltes-EFH@Gehebeltes-EFH

2Mon

@Marc Could you briefly explain how the tax rules differ in this regard?

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