Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Personal Finance and Investing

NeoConsSuck

(2,545 posts)

6. I have two of them

Reply to bucolic_frolic (Reply #2)

Thu Mar 10, 2022, 02:48 PM

Mar 2022

JEPI and HNDL. I have them in DRIP at Ameritrade. Right now, they are underwater, but as you stated, every month I get more shares because of the price drop. When the market rebounds, so will these two.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

13 replies

= new reply since forum marked as read

Highlight:

Doesn't this seem like it is too good to be true? [View all] NeoConsSuck Mar 2022 OP

Ahh, you forgot, money makes money.... Dan Mar 2022 #1

That's not bad if inflation doesn't pass 7% annually bucolic_frolic Mar 2022 #2

I have two of them NeoConsSuck Mar 2022 #6

This isn't making sense to me. A HERETIC I AM Mar 2022 #3

My assumption was five years of interest @ 5% a year. NeoConsSuck Mar 2022 #4

OK...fine...I see why you worded it the way you did. A HERETIC I AM Mar 2022 #7

I think he's assuming 5% per year bucolic_frolic Mar 2022 #5

I bought one last year and one this year. The problem doc03 Mar 2022 #8

There is also no state or local tax on them. You aren't doc03 Mar 2022 #9

Because stocks return less than 5% a year. PoindexterOglethorpe Mar 2022 #10

I am 74 years old, from what I have read at my age you should have no more than 40-45% doc03 Mar 2022 #11

I am 73 years old myself. PoindexterOglethorpe Mar 2022 #12

He is talking about US government I Bonds. I Bonds interest is based on the inflation rate doc03 Mar 2022 #13