How I run my own House

My practice, not a recommendation. Updated October 2026.

Phase 1: Spread (current)

The dividends my House positions pay are spread across the House's positions in proportion, so my weights stay at the targets I set. During this phase I hold JEPI and JEPQ as income tools: they pay monthly income while my SCHD purchases are still small.

Phase 2: Switch (planned)

Once the payouts from JEPI and JEPQ alone can buy 2–3 SCHD shares a month, I'll send all of their payouts into SCHD instead of spreading them. The only change is where their payouts go. SCHD will then grow above its target weight, and JEPI and JEPQ will fall below theirs.

Grading stays separate

JEPI currently carries a caution grade under this site's framework. I hold it for its role in my plan, and that role doesn't soften its grade.

Disclosures

I own the positions named here. This describes my own account only. It isn't a recommendation and doesn't account for anyone's goals, taxes, or risk tolerance. Plans can change, and I'll update and date this page when they do. Nothing here is investment advice.