(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.
Don't leave just because you aren't currently trading. You can always give your opinion on some of our horrible stock buys.
Hopefully not all of your portfolio is in JEPI. What scares me about it is that it is a little over a year old (could be wrong as a quick research of the ticker is what I found). Past year the monthly income has been as high as $0.543 in December to as low as $0.263 in February. The July payment has been the highest it has been in 2021. Hopefully it doesn't go down and retreat to the lower payments that occurred earlier in the year.
I would also be happy with $2,800/month in dividend income. I'm still working on getting to the dividend crossover point, then most if not all of my buying will be done. Who am I kidding, I will still be buying with any extra money.
Good luck, and hopefully you come back by before November.