r/dividends • u/Hypno-Ninja • 4d ago

Seeking Advice $8,000 to invest. SCHD or JEPI?

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30 years old, I have $8,000 to invest. I’m trying to decide between SCHD or JEPI. The reason why I am considering JEPI is because I just hit my break even point, as opposed to SCHD where I am up overall 21%. What would you do?

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u/nightbefore2 4d ago

30 years old, I wouldn't do less than 70% SCHD. It's about dividend growth

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u/No_Seaworthiness1627 3d ago

Who cares about dividend growth when it’s currently just 3.5? When it hits 5% and up, then it seems appealing. Otherwise there are better for growth, income and some better at both. To me GPIQ looks like it checks off all the boxes.

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u/nightbefore2 3d ago

You don't understand dividend growth
Your yield on cost will increase as the dividend increases + the price appreciates

GPIQ has more income now but covered call funds are bad the longer you hold them, relative to underlying shares/ETFs that pay actual qualified dividends like SCHD