Why I Continue to Pile Into This Prodigious Passive-Income-Producing ETF
I'm on a mission to grow my passive income to the point where it can cover my basic living expenses. That would lift a huge weight off my shoulders because I'd no longer have to work to cover my family's financial needs. I still have a long way to go. However, I'm making progress as I put more cash to work in income-generating investments. One that I've been piling into is the JPMorgan Equity Premium Income ETF (NYSEMKT: JEPI). Here's why I think it's a great way to generate passive income. JPMorgan Equity Premium Income ETF is an exchange-traded fund (ETF) with a dual mandate. It "seeks to deliver monthly distributable income and equity market exposure with less volatility." The fund aims to achieve its goals through a two-pronged investment strategy:Continue reading
I'm on a mission to grow my passive income to the point where it can cover my basic living expenses. That would lift a huge weight off my shoulders because I'd no longer have to work to cover my family's financial needs.
I still have a long way to go. However, I'm making progress as I put more cash to work in income-generating investments. One that I've been piling into is the JPMorgan Equity Premium Income ETF (NYSEMKT: JEPI). Here's why I think it's a great way to generate passive income.
JPMorgan Equity Premium Income ETF is an exchange-traded fund (ETF) with a dual mandate. It "seeks to deliver monthly distributable income and equity market exposure with less volatility." The fund aims to achieve its goals through a two-pronged investment strategy:
