are high dividend yield products like JEPI a scam? doesn't your principal dilute long term? what's the point?even SCHD which supposedly grow your principal, what's the point of getting a dividend paid to reinvest it after paying taxes when you can buy SP500 and just compound automatically? if you are rich enough that you can live like a neet, just withdraw manually each month and don't go beyond 3.5% yearly or sodividends are retarded. seems like a psychological thing of not seeing your shares go down as you withdraw + the "im getting paid" effect vs manually withdrawing.
>>58432993You've made this thread before saying the exact same thing.
>>58433006still not convinced about it need more opinions
>>58432993>JEPInot available on dexview, unreliable
Psychology and cash flow are extremely important. Buy and hold S&P means you have to fight your psychology in downturns and you get no cashflow to even out the volatility.So sure, manage your own withdrawals. To me it is worth a 1% fee to get a distribution I can count on and use for proof of income.Mid-wits love this discussion because they think it is about MATH and TOTAL RETURN when in reality every individual's lifestyle is different and entry/exit happen at different times.
>>58433710If you keep up with the withdrawals, the amount of shares are eventually going to go down to zero. You stupid gigantic fucking retard. >when you can buy SP500 and just compound automatically"Withdrawing manually" is a taxable event as well, stupid fucking dipshit.Fuck off with your retard shit
