@Thomas_1963 "Insight is the first step to recovery". Hands off covered call ETFs. Actively managed rip-offs through the back door for investors with dividend hearts in their eyes - and brains.
@user0d219396e8a14b89 bought the $JEPQ for roughly the same amount. Both together have brought me a loss of over 7k. By restructuring my portfolio, however, I have since made up for the loss.
@tikemyson a few crashes and the capital continues to shrink. Even the monthly payments no longer compensate for this. Things aren't looking very good again at the moment. We also want to leave something to our children. If I were a pensioner living alone, capital consumption is probably not quite as important as monthly cash flow.
