EvolutionFreedom
Nov 4, 3:35 PM
Wednesday thought for
$SCHD $JEPI $JEPQ $VOO investors: a starting yield and a growing payout are two different things.
Some funds pay a lower yield today but have raised their payout over time. Others pay more now, but the amount moves around from one payment to the next, especially covered-call funds where it depends on option premiums.
If you're investing for income years from now, look at the payout history, not just the latest number. The fund provider's distribution history shows every payment.
Not financial advice.
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