1Mon·

Extension

Some free money is used to top up the position and additional tranches are bought when the price is right.

The cash flow then goes into the savings plan

$JEPQ (+0.73%)

01.07

JPM NASDAQ Eqt Prem Actv ETF D

Bought x96 at €20.75

€1,992.00

10 Comments

Epi@Epi

1Mon

Unhedged = uninteresting. 🤷

YTD performance in EUR shows that.

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DerDanner@Therapeut

@Epi What do you mean? In euro basis?

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Epi@Epi

@Therapeut Oh dear, what did I mean a month ago? 😅

I probably meant that ETFs on US equities without a currency hedge are currently uninteresting because the expected weakness of the USD is likely to result in significant price losses due to the currency. 😬

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DerDanner@Therapeut

@Epi I plan to add this ETF in order to fill the saver's lump sum as quickly as possible and continue to save the S&P500.

Would you recommend it to me?

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Epi@Epi

@Therapeut I can hardly say. With the distributor, you have a latent €1000 payout and a €1000 loss carryforward at the same time. Will that be any good? 🤷

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DerDanner@Therapeut

@Epi What do you mean?
Are a 1% distributions per month

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DerDanner@Therapeut

@Epi How would you try to have the tax-free amount distributed?

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Epi@Epi

@Therapeut I normally utilize my allowances by rebalancing my portfolio at the end of the year. I sell some of the assets at a profit. What remains open is then simply sold briefly and bought again straight away. It's free for me except for the spread.
Sometimes this also goes hand in hand with optimization between the various accounts. This allows me to clarify the tax issue precisely and do year-end cleaning at the same time. 😁👍

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Epi@Epi

@Therapeut And the 1% payout is accompanied by an approx. -1% price loss.
So it's really just an accounting game to your disadvantage. 😅

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DerDanner@Therapeut

@Epi Do you mean that dividends do not play a role for you?
If dividends, what would you invest in?
Equities or ETFs?
Otherwise, everything continues to go into the S&P500

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