/biz/ - Business & Finance

Anonymous Tue Mar 12 17:02:31 2024 No.57969340 [View]
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>>57969235
I was in JEPI for like 6 months and it wasn't worth it. The issue is that its dividends are NEVER qualified, meaning you pay nasty taxes on them. Ultimately, my time in Jepi paid thousands and thousands in dividends that ended up costing me a lot in taxes, meanwhile the actual stop price of JEPI went slightly sideways/downish. It ended up being a big wash and not worth it.
JEPI is only worth holding in tax exempts accounts.
Don't be afraid of buying and holding good stocks just because they went up. Remember that they're going up BECAUSE they're sought after and wanted. Don't buy dogshit just because its down and "must go back up". There's a lot of stocks that never went back up and never will.

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/biz/ - Business & Finance

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