As an already made it strategy? Enough to almost nearly offset my cost of living. Not quite retire but close. The idea being that if I suddenly didn't have a job that it would be a fallback where I don't have to touch the principal. I know I could just put it into spy and follow the 4% rule if I ever needed to, but idk something about the dividends being close to my bare minimum just kind of feels right.So long as I'm gainfully employed dividends could go into whatever risk asset. And I already dca my paychecks into VT.
>>62188581As I'm currently in cash/treasuries I could also wait until the rates drop some more since the market is sketchy at the moment.
I wouldn't go all in one fund, but dividend growth funds that increase nav and dividends are the only kind of fund i am fine never selling. My div port yields 6% and the nav grows, mix of GPIX, amplify trio, then schd/dgro/vymi
>>62188667>wouldn't go all in one fundTrue. I could split schd and dgro
>>62188587>the market is sketchy at the momentThe market is *always* sketchy though.
>>62188899Yeah
>>62188740>schd and dgroI've meditated on it and this is what I'll do.Then I can focus on taking bigger risks with smaller principal and keep dumping profits into VT, schd, dgro
>>62188581Every boomer ever failed into success.Anyway, I own SCHD, and it is the biggest part of my self directed IRA.But.Look at the underlying equities.It isn't great desu.Should give you pause.
>>62188581Look into NEOS covered call ETFs. They do it right and they mostly follow their underlying. I personally use them to endure crab markets. Right now holding CSHI, IAUI, BTCI, NEHI, and QQQI from them. CSHI is basically my HYSA, I unload from there any time I want to buy heavily into something else. The rest I DCA.Other than these I hold SCHD, SCHY, USOY (bad one, has huge NAV erosion, only holding it until the war is over), URNM, and UNRJ.
>>62189609>Look at the underlying equities.>It isn't great desu.I know it's why I didn't do it already. It's all trash like turbotax and spic depot. But then the sp500 is also trash.I didn't buy mining stocks because I read the industry had mismanagement and nepotism, missed out on an easy 3x or whatever it did.>>62189763Nice. I'm not into covered call etf for the long term but was thinking it could make sense to just swing my portfolio, covered call for the current crab situation, instead of set and forget in some etf.Damn now I'm rethinking it. Good thing cash is still over 3% I can take my time.
>>62189797Covered call etfs have a bad habit of NAV erosion so make sure you do your research.
>>62189980Not the good ones. SPYI and QQQI are following SPY and QQQ with little lag, assuming you reinvest the dividends, and assuming we will be in a bull market like 2008-2026. If we enter stagnation or a soft bear market, SPYI and QQQI will perform better over the years. If it's a hard crash, then it will perform just as bad as the underlying.
I've outperformed the funds by looking at the fundamentals in the underlying stocks of funds like SCHD in FASTGraphs and cherrypicking the ones that seem underpriced at the moment, but I am a control freak who can't handle someone else being in control of my investments even if it's an algo.
>>62190563using etfs/overlap is a very low effort but good filter. youre usually at least getting into something you can hold a long time if it doesnt go the way you want right away
riding Be upwatching SNDKI got EDSA at 8.9 went to 5.5 and sold out at 8.91 then it went to 19.5 and now at 16, coulda doubled my capital if I had stayed home n done 0
If you could invest 100% and go into a coma for 20 years it would be in an actively managed AI ETF and you'd come back to 50x your money.
>>62190555>SPYI and QQQI are following SPY and QQQ with little lag, assuming you reinvest the dividendsSo you're saying you're better off investing in SPY and QQQ instead of SPYI and QQQI? Interdasting take there anon.
>>62191660for the kind of person that models a return as a pure exponential, that makes sense. start accounting for the real time value of money and its not as clearcut
>>62188667Mind sharing your percentage in each? I’m trying to put some money aside for a dividend portfolio.
it's just a metal bro
>>62191682If you just went equally into all those funds you would get just under 6%. I don't really have a target percentage other than I wouldn't go above 20% gpix and idvo+vymi to keep my international allocation at 20%. I don't auto-reinvest dividends, just accumulate the cash and buy what's cheaper at the time for the most part. When I'm retired, I want mostly qualified dividends so I can use my standard deductions for roth conversions. GPIX is nice, because it is largely ROC until cost basis goes to zero. I can get a big yield mostly tax free early on in retirement and use the deduction for roth converting instead.
>>62191660Yes, if you assume we are in for another 18 years of a bull run with relatively minor hiccups.
>>62191678>that models a return as a pure exponentialRight I think there is an advantage to cash flow. Especially tax advantaged dividends
>>62193906No, that assumption was made in the post I was responding to, cf>>62190555>assuming we will be in a bull market like 2008-2026
