Boomers Will Love Snapping Up JEPI and VYM While Still Holding VOO for Safety

"One thing income investors have in common is that they're on the hunt for steady passive income. One of the easiest ways to achieve this is to invest in dividend-focused exchange-traded funds (ETFs). They are easy to buy and sell, often have low expense ratios and can offer tremendous portfolio diversification. You can give investors access to a basket of stocks while also making dependable monthly or quarterly distributions."

"With hundreds of ETFs to choose from, you need to be picky - that's particularly true if you're in income investor. But balance is important, so a combination of the following three ETFs can offer broad-exposure, balanced safety and passive income. I'd recommend holding the Vanguard S&P 500 ETF (NYSEARCA:VOO) for safety and loading up on the JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) and the Vanguard High Dividend Yield Index Fund ETF (NYSEARCA:VYM) for dividend income."

"Managed by the experts at JPMorgan, JEPI was launched in 2020 and has become a top choice of income investors. It is actively managed and uses a covered call options trading strategy to generate an attractive yield of 8.62%. It holds 126 stocks, which include both top dividend companies and growth firms. No one stock in its portfolio has a weighting higher than 2%, which reduces volatility to some extent"

Dividend-focused ETFs offer easy trading, low expense ratios, and portfolio diversification while providing monthly or quarterly distributions. A balanced combination of Vanguard S&P 500 ETF (VOO), JPMorgan Equity Premium Income ETF (JEPI), and Vanguard High Dividend Yield ETF (VYM) can deliver growth, safety, and passive income. VOO provides broad exposure to large-cap U.S. stocks and growth potential. JEPI is actively managed, employs a covered-call strategy, holds 126 stocks, caps individual weightings near 2%, and targets an attractive yield (8.62%). VYM emphasizes high dividend-yielding U.S. companies to supplement dividend income and diversification.

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