There’s no such thing as a perfect investment — each one is ultimately a trade-off. Higher-growth stocks are usually riskier, for instance, while income-producing holdings often don’t produce a great deal of capital appreciation.
For investors who want (or need) monthly investment income to help cover their living expenses, however, the JPMorgan Equity Premium Income ETF (NYSEMKT: JEPI) is an intriguing prospect. Not only does its trailing yield stand at an impressive 8.6%, but it holds stocks that at least offer some potential upside.
The question is, is it the right choice for you?