JEPI is for people like me, retired, living on passive income, who prioritize income over having to harvest portfolios. I'm prepared for a 100 basis points performance drag versus the S&P 500, because I get lower volatility.
That's a good point. There's nothing wrong with JEPI as long as people know what they're getting. If you buy it for the yield and the low volatility understanding there will probably be a performance drag over time, that's great. I think a lot of people just saw the double digit yield and jumped on it without fully understanding it. Those are the folks I think are probably disappointed right now.
JEPI is for people like me, retired, living on passive income, who prioritize income over having to harvest portfolios. I'm prepared for a 100 basis points performance drag versus the S&P 500, because I get lower volatility.
That's a good point. There's nothing wrong with JEPI as long as people know what they're getting. If you buy it for the yield and the low volatility understanding there will probably be a performance drag over time, that's great. I think a lot of people just saw the double digit yield and jumped on it without fully understanding it. Those are the folks I think are probably disappointed right now.