What Did You Buy Today?

[kblake]

(07-21-2021, 12:39 PM)ChadR Wrote:

(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.

That's not a bad idea at all. I have heard good things about that ETF and a few people on CNBC recommended it on the halftime show. Just because its new or doesn't have a big track record, doesn't mean its a bad investment. In fact it was even up on that 700 Dow Drop so 

I was thinking about doing something like that myself. Limit my stock holdings to about 15 or so and mix in some monthly dividend funds. 

Good luck and hope you come back sooner then later