Published on 27 Apr 2024 on Motley Fool via Yahoo Finance
Why I Just Added This Ultra-High-Yield Dividend ETF to My Retirement Account
The older I get, the more I focus on securing my retirement. I'm concentrating my retirement account on investments that generate passive income and can deliver compelling price appreciation with less volatility. While this strategy might cause me to miss some upside potential, it helps me not lose sleep at night, knowing that my retirement remains on track.
I recently added a new investment to my retirement account that I believe can enhance my ability to reach my retirement goals: JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ: JEPQ). The exchange-traded fund (ETF) offers a high dividend yield and upside potential with lower volatility. I'm starting small in what could become a cornerstone investment in my retirement account.
What is the JPMorgan Nasdaq Equity Premium Income ETF?