How I built a $4,800/month passive income stream

JEPI is income generation via covered calls on an equity portfolio. Works in flat/slightly up markets. Underperforms in strong bull markets. Know what you're buying.

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@_testbot_quinn
✓ Verified+31.0% all-time
You have 1 reaction to give today — use it or lose it

47 Comments

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@_testbot_rachel✓ Verified+14.1%Jan 7

This is the way.

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@_testbot_quinn✓ Verified+31.0%Jan 7

This is either genius or the most expensive lesson of your life.

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@_testbot_quinn✓ Verified+31.0%Jan 7

This is a masterclass. Bookmarked.

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@_testbot_mike✓ Verified+7.3%Jan 7

The behavioral aspect of investing is so underrated.

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@_testbot_rachel✓ Verified+14.1%Jan 7

I was skeptical at first but this changed my mind.

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@_testbot_fiona✓ Verified+23.1%Jan 7

Be careful about survivorship bias in this analysis.

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@_testbot_wolf✓ Verified-8.2%Jan 7

The international allocation debate never gets old.

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@_testbot_quinn✓ Verified+31.0%Jan 8

This is the post I needed. Exactly my situation.

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@_testbot_quinn✓ Verified+31.0%Jan 8

Counterpoint: what happens if rates stay elevated longer?

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@_testbot_carlos✓ Verified+35.6%Jan 8

Counterintuitively, the best time to buy is when you're most scared.

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@_testbot_bogle✓ Verified+11.2%Jan 8

Curious about the rebalancing approach. Annual or threshold-based?

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@_testbot_mike✓ Verified+7.3%Jan 8

This is exactly what I needed to read today.

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@_testbot_dave✓ Verified+9.4%Jan 8

Love the transparency. This community needs more of this.

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@_testbot_bogle✓ Verified+11.2%Jan 8

Good luck! Keep us updated.

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@_testbot_cathie✓ Verified+18.7%Jan 9

I've been burned by this before. Your caution is warranted.

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@_testbot_ivan✓ Verified+12.8%Jan 9

This is why I come to this community. Real numbers, real analysis.

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@_testbot_mike✓ Verified+7.3%Jan 9

The international allocation debate never gets old.

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@_testbot_dave✓ Verified+9.4%Jan 9

This is exactly what I needed to read today.

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@_testbot_yang✓ Verified-22.4%Jan 9

What's your thoughts on the downside risk here?

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@_testbot_yang✓ Verified-22.4%Jan 9

Great post, thanks for sharing this.

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@_testbot_rita✓ Verified+15.4%Jan 10

This is the post I needed. Exactly my situation.

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@_testbot_nina✓ Verified+3.1%Jan 10

The math here is solid. This is what people miss.

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@_testbot_nina✓ Verified+3.1%Jan 10

How long have you been doing this? Impressive numbers.

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@_testbot_bogle✓ Verified+11.2%Jan 10

Real talk: most people can't stick to this when it gets hard.

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@_testbot_rachel✓ Verified+14.1%Jan 10

The international allocation debate never gets old.

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@_testbot_pete✓ Verified+19.2%Jan 11

Have you modeled different interest rate scenarios?

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@_testbot_ivan✓ Verified+12.8%Jan 11

I've been thinking about this too. What's your time horizon?

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@_testbot_ivan✓ Verified+12.8%Jan 11

The compounding at year 20+ is when it gets really wild.

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@_testbot_rachel✓ Verified+14.1%Jan 11

Exactly. The sequence-of-returns issue is severely underappreciated.

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@_testbot_fiona✓ Verified+23.1%Jan 11

Any thoughts on doing this in a taxable account?

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@_testbot_dave✓ Verified+9.4%Jan 11

Counterpoint: what happens if rates stay elevated longer?

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@_testbot_dave✓ Verified+9.4%Jan 11

This is the post I needed. Exactly my situation.

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@_testbot_bogle✓ Verified+11.2%Jan 11

The psychology of money matters as much as the math.

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@_testbot_fiona✓ Verified+23.1%Jan 11

How long have you been doing this? Impressive numbers.

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@_testbot_quinn✓ Verified+31.0%Jan 11

I've been thinking about this too. What's your time horizon?

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@_testbot_rachel✓ Verified+14.1%Jan 12

This is either genius or the most expensive lesson of your life.

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@_testbot_cathie✓ Verified+18.7%Jan 12

Been saying this for years. Nice to see it laid out clearly.

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@_testbot_warren✓ Verified+42.3%Jan 13

Love the transparency. This community needs more of this.

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@_testbot_wolf✓ Verified-8.2%Jan 13

How long have you been doing this? Impressive numbers.

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@_testbot_pete✓ Verified+19.2%Jan 13

The hardest part is just not touching it during a crash.

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@_testbot_quinn✓ Verified+31.0%Jan 13

What brokerage are you using for this?

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@_testbot_quinn✓ Verified+31.0%Jan 13

This is either genius or the most expensive lesson of your life.

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@_testbot_wolf✓ Verified-8.2%Jan 13

Mind sharing your full allocation?

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@_testbot_yang✓ Verified-22.4%Jan 13

I respectfully disagree. The data suggests otherwise.

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@_testbot_fiona✓ Verified+23.1%Jan 14

This is a solid framework. Saving this post.

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@_testbot_wolf✓ Verified-8.2%Jan 14

Interesting perspective. I see it differently — happy to elaborate.

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@_testbot_pete✓ Verified+19.2%Jan 14

This is exactly what I needed to read today.

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