Roth IRA management and investing.

[desertrunner]

Please share- How are you investing and managing your Roth IRA? Are there certain favorite funds you like? Are you doing high returns funds and then changing over time? Do you have a fund that pays monthly dividends? Any certain investment company you like? (Fidelity, Schwab, E*Trade, etc)

I’ll be back and share my answers below, but first want to see what’s posted here.

Thanks

[Texter]

Self directed…own some growth stocks and dividend payer JEPI for monthly dividends that I reinvest.

Other IRA is straight S&P 500 index.

Both Roth.

Self directed is Schwab other is Trowe price

[desertrunner]

Self directed…own some growth stocks and dividend payer JEPI for monthly dividends that I reinvest.

Other IRA is straight S&P 500 index.

Both Roth.

Self directed is Schwab other is Trowe price

Can you please tell me what JEPI is? Link?

Thank you

[Texter]

JPMorgan Equity Premium Income ETF (JEPI)

The fund basically invests in covered call options. It does very well when the market is flat or going down, current yield is a bit over 10%.

I use it as a bit of a hedge on the growth portion of that account.

[tyde]

paging Chaps

need his expertise on this matter

TIA

[sonatine]

[desertrunner]

JPMorgan Equity Premium Income ETF (JEPI)

The fund basically invests in covered call options. It does very well when the market is flat or going down, current yield is a bit over 10%.

I use it as a bit of a hedge on the growth portion of that account.

Thank you for this. This was exactly what I was looking for. I’m happy with Franklin Income fund but wanted to other options that’s a monthly dividend.

[Texter]

I dumped Franklin Templeton Mutual Qualified a few months ago….fund hasn’t done squat for years.

[desertrunner]

I dumped Franklin Templeton Mutual Qualified a few months ago….fund hasn’t done squat for years.

I have the Franklin Income fund as it was exactly what I needed- a monthly and stable dividend fund. The JEPI fund was what I was looking for as a comparison.

[Buck Nasty]

I mostly do S&P 500 index funds, but I have a big chunk in a self-directed IRA with niche real estate investments.

[desertrunner]

I mostly do S&P 500 index funds, but I have a big chunk in a self-directed IRA with niche real estate investments.

I used to be a big fan of the American Century Real Estate fund, but lost interest. Can you share the REITs you like?

Thx

[aayjay]

$SCHD is my favorite dividend ETF , if anyone has anything good or bad to say about SCHD I'd be interested, thanks!

[desertrunner]

$SCHD is my favorite dividend ETF , if anyone has anything good or bad to say about SCHD I'd be interested, thanks!

Looks like a good fund. I see the distributions are every 3 months, interesting. Overall, I don’t know much about Schwab, but they are popular.

Also, I’d be down on the 3 month distribution if the returns were higher like a consistent 10%.

[desertrunner]

Ok, I need to share my investing story. Over the last 8+ years, I was specifically looking for an investment retirement fund that would be my last stop and pay me a monthly dividend as a senior.

I spoke with a financial expert 3 months ago and he gave me the key I was looking for- the Franklin Income find that pays a monthly dividend (around 5.5%) and capitol dividends every December. This was what I needed, been looking for a long time and completed my financial plan.

So at age 59.5 and after after having the Roth IRA for the required 5 years, I will be rolling my post taxed Roth IRA and other 401k pre-taxed funds into separate Franklin Income funds at Fidelity and pay me a monthly dividend TAX FREE.

I’m only sharing this info since I was looking a long time for this final part to the retirement savings plan as no one could help me and I couldn’t find the answer on Google. Hope this info assists anyone here as it’s really helped me.





Druff- Next time I see you in person, I will cover this with you.