Why I Just Added This Ultra-High-Yield Dividend ETF to My Retirement Account

The older I get, the more I focus on securing my retirement. I'm concentrating my retirement account on investments that generate passive income and can deliver compelling price appreciation with less volatility. While this strategy might cause me to miss some upside potential, it helps me not lose sleep at night, knowing that my retirement remains on track.

I recently added a new investment to my retirement account that I believe can enhance my ability to reach my retirement goals: JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ: JEPQ). The exchange-traded fund (ETF) offers a high dividend yield and upside potential with lower volatility. I'm starting small in what could become a cornerstone investment in my retirement account.

The JPMorgan Nasdaq Equity Premium Income ETF has a simple mission: It aims to provide investors with consistent premium Income with lower volatility. It certainly delivers a premium Income yield these days:

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Source Fool.com