07-21-2021, 12:22 PM
(07-21-2021, 11:08 AM)stockguru Wrote: Bought some MKC, PEP, BTI and CVX
Sold most of my big winners stocks and put it all in JEPI. I like the monthly income of .39 here this ETF hold up very well in a down market. I'm going to hide here and collect about $2880 a month in dividends until this market corrects.
I made enough in this market since the pandemic and I don't need to be greedy and will protect my gains lol.
People may question me, but I'm happy with $2800 a month and a few nice dividend stocks for a while.
I will most likely not be back on until Nov or so. Thanks all for all your help the last few years here.
From what I can see the fund was started in May 2020. So there is little history to see exactly how it performs in a downward market. Dividend is also not consistent, so could be $2800 a month, could be more, could be less.
It's definitely not a bad play and looks like you've made your decision already but I'm just hoping that you don't have a massive part of your portfolio in one product, especially one that isn't rock solid on the dividend front.
Still hope to see you here though, no need to run away from us just because you don't feel like gambling in the market. :p