Could Buying JPMorgan Equity Premium Income ETF Today Set You Up for Life?
Looking for a smoother ride in volatile markets? This popular fund could be your ticket to low-risk wealth management.
Some funds look weak at first glance. Then you click the little checkbox that enables a dividend reinvestment plan (DRIP), and the droopy fund springs to life. Those quarterly cash distributions can be game-changers in the long run when you reinvest them.
That's how it works with the JPMorgan Equity Premium Income ETF (NYSEMKT: JEPI). If you just buy this exchange-traded fund (ETF) and hold it without taking the next step, you'll fall behind simple market trackers like the Vanguard S&P 500 ETF (NYSEMKT: VOO) very quickly:
