5Mes·

Excellent etf

$JEPQ (-1,55%) Excellent covered call etf: grow + high dividends, no NAV decay.

6 Commenti

TotallyLost@TotallyLost

5Mes

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

-Nassim Nicholas Taleb

•

Gehebeltes-EFH@Gehebeltes-EFH

4Mes

Nope, let's leave that alone.

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

•

Marc@Marc

4Mes

@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. 😎

••

Gehebeltes-EFH@Gehebeltes-EFH

4Mes

@Marc Have you seen the videos?

••

Marc@Marc

4Mes

@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.

••

Gehebeltes-EFH@Gehebeltes-EFH

4Mes

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

••