Bryn Talkington JPMorgan Nasdaq Equity Premium Income ETF JEPQ-Q BUY Aug 14, 2024

A defensive way to own the world's best companies. They sell covered calls on the QQQs with an 11% call premium.

This is the best way to play AI and it's defensive.

Covered call product. Income from selling calls is considered a capital gain. Reduce volatility, but won't get as much capital growth. Good for slightly defensive investors who like income. 

Extreme focus in the tech world. He'd be concerned to have this type of concentration risk in a retirement fund, you want to be more diversified. Look at the HPYT, which has a lot less beta. It would be fine as a piece, but not 50%, of a portfolio. Yield is 10-12%.