Well I did buy some JEPI so you can still consider this thread serious.
Also someone mentioned that a dividend income ETF as a (small) part of a portfolio make sense.
I might have read that somewhere else though 
As long as it is small portion & makes investing happy , it’s all good 
Wouldn’t recommend to extend the strategy to higher proportions of portfolio until the time of consumption comes
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Hey, ahem, asking for a, er, friend: I know your dog hasn’t yet passed all the CFA exams, but is he considering to accept new clients in the near future?
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Sure. He is a bit old though 
More seriously, and not trolling, in these daily walks I’ve reflected how most people are basically ruled by their emotions and bellies, not unlike my beloved pet, in most aspects of life. He’ll eat first and poop later and that’s all.
Similarly, it galls me that in my first foray into single stocks (nVidia, bought at $200, sold at $400) I left the theory get the better of me. Yes, single stocks are risky etc, sure, but there’re no brainers where all the theory in the world fails. nVidia was such a no brainer back in early 2023 when I bought it. It remained a no brainer every step of the way past $400 where I didn’t want to rebuy it because “It’s run up so much already!”. I’m talking to an American guy in his 70s who bought it when it traded for $0.2 because his grandson told him “they make the best graphics cards”. No theory, research, or anything!
Peter Lynch likes to say how he’d noted that despite economic problems all around the US, Dunking Donuts was always and consistently full. This is NOT meant to reduce Peter Lynch to someone who just went with the crowds. I am sure behind that simplistic point there was research and value investing and moats etc. Conversely someone could say in the late 1990s “Of course I bought General Motors, they are everywhere”, and where are they now?
Sure these anecdotes are survivorship biases, and for every nVidia bought at $0.2 because a kids who likes video games told his grandpa there are 10000 who bought Enron at the top out of FOMO. My point is that sometimes simplicity, like eating a piece of meat that’s in front of you, like my dog does, can beat all the data and thinking in the world
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Here’s the WSJ article of some of these NVidia stock buyers you’re describing:
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We’re off topic, but I wanted to drop that my brother who’s a quant, a techie and a disciple of Ben Felix (I like Ben Felix too) would say “They got lucky”.
Many got lucky, it seems…
Edit: in 2002 it was luck, in 2022 it was a dog’s pick 
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You always have to counterweight the lucky ones to the unlucky ones and all others. Otherwise you just pick the good ones in hindsight.
don’t forget, that for every lucky person who bought Nvidia at 2c there is someone unlucky in equal proportion that sold it at 2c (unless the company issued more stock to raise capital 
)
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Please also don’t forget about the poor employees of Nvidia: the company issued shares worth a billion or so for stock-based compensation in Q2 alone.
More monkeys unleashed https://www.reddit.com/r/jepg/s/7wAclpJt6L
the link doesn’t work
It’s just that JP Morgan released UCITS versions of the S&P500 and NASDAQ100 ETFs just a few weeks ago.
Edit: strange as the link opens for me both from my phone and from here.
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I actually grew to like accumulating funds. They incorporate the goal of investment, total return, without an unnecessary split between the dividend income and price appreciation. You buy it once and it is done, no need to reinvest anything.
US ETFs have many advantages, but distributing dividends is not one of them for me.
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As the goody goody boy I’ve been all my life I got accumulating funds when I started, held them for 2.5 years, then sold all (at Swiss broker trading prices to boot!) and rebought their distributing versions. My monkey brain gets a shot of dopamine every ~27th of the month
It’s psychological but it works for the one person it must work for, myself
More seriously, I know it’ll save me from myself in a downturn. Investing is hard emotionally (for me anyway), so every little helps.
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I wonder if it’s like smoking. You know it’s unhealthy but you do it anyway. (I don’t smoke though)
It’s not comparable. I do smoke pipes and cigars because I like the taste, I use Velo nicotine pouches because I’m addicted to nicotine, but don’t smoke cigarettes (anymore…).
But how come you have dividend on every 27th of the month?
Do you have a monthly dividend ETF?
Nah, it’s just that VWRL and IUSA pay 4 months/year and FUSD pays 4 different months/year. There’s Jan/Apri/Jul/Oct which aren’t covered but I don’t worry about it. Maybe SLICHA which I intend to get at some point next year will cover 2 more months, but again the choice is not covering certain months, but the drip of dopamine will be good
I see. All clear
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