I love the over the top enthusiasm. You're great. In April I received more dividends than I had ever received from any paycheck from any job working for the MAN in my WHOLE life since 1967. I appreciate the fine detail you put into when and what to buy so it raises your monthly dividend total. I have about 4% of my ROTH in these super HIGH dividend yielding ETFs and I am not sure how they will work out in total return. Good luck to us all.
So many positions! When I was living out my portfolio I initially had a bunch of different plays then I opted to limit to 10 positions max per portfolio. One got 3 core positions (currently dollar cost averaging my second position). My thesis is focused on getting the seed amounts into each position which puts the dividends at a “useable” rate, I do like the dividend snowball effect you’re highlighting here. Also I’ll be using your referral for the dividend tracker site 👊🏾
These are sub-portfolios within the overall portfolio. Breaking them down into parts to fund them easier. New sub-portfolios for specialized groups of cefs and other things.
How did you get started? Did you focus on building up one ETF like TSLY and then spread out from there to others? Or did you start building simultaneously into multiple ETF’s?
These numbers are insane! My only concern is TSLY has been losing value😮 over the past 5 year. Are you going to cut TSLY and move your remaining capital or hold it til they stop paying dividends?
You need more capitol money to invest into TSLY, QQQY, IWMY etc. 37000 is not enough to make a portfolio you can live off. If you could start with like 200,000 then it would work, so save your work salary and invest each paycheck.
By not re-investing your income from covered calls etfs your investment will get lower an lower and erode until you'll have the same amount of shares but they will get you nothing, so what you currently doing is just relocating your ROC to another etf..
I sold all of my JEPI last week. The dividend has gone down every month since I have owned it along with the stock price. Where as JEPQs dividend has gone up every month. Not sure what is going on with JEPI but I'm out!!
@@EntrepreneurInvestor the expense ratio is too high for a stock that has consistently gone down in stock price and dividend distribution. I was losing money even with the dividend payment.
No sense in selling when it drops unless you see something within the financials or leadership, etc worth losing faith in them. Buy when prices dip. Remember, pigs get slaughtered.
![I.N "HALLUCINATION" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/n5B5q1Hwt_U/mqdefault.jpg)
I love the over the top enthusiasm. You're great. In April I received more dividends than I had ever received from any paycheck from any job working for the MAN in my WHOLE life since 1967.
I appreciate the fine detail you put into when and what to buy so it raises your monthly dividend total.
I have about 4% of my ROTH in these super HIGH dividend yielding ETFs and I am not sure how they will work out in total return.
Good luck to us all.
So many positions! When I was living out my portfolio I initially had a bunch of different plays then I opted to limit to 10 positions max per portfolio. One got 3 core positions (currently dollar cost averaging my second position). My thesis is focused on getting the seed amounts into each position which puts the dividends at a “useable” rate, I do like the dividend snowball effect you’re highlighting here.
Also I’ll be using your referral for the dividend tracker site 👊🏾
Way to go 🎉! Awesome! Thanks for sharing. If it wasn’t for you I will have thought it was impossible to accomplish. Keep it up 👍🏼
Keep snowballin!
I am going to reinvest my CONY dividend into YMAX
I was thinking the same thing. Then YMAX into something else that pays at the beginning of the month.
Set it to Drop, cony has been consistent
That is the name of the game to keep companies that pay you to hold them and them reinvest over and over to grow your account as fast as possible
That is the plan
Investing in growth etfs versus dividends?
Going to have to double up on the ymax like you said roll it over and build!
Snowball!
Looks like you have multiple brokerage accounts. I’m not knocking it but what is the point
Different features and etfs offered
These are sub-portfolios within the overall portfolio. Breaking them down into parts to fund them easier. New sub-portfolios for specialized groups of cefs and other things.
How did you get started? Did you focus on building up one ETF like TSLY and then spread out from there to others? Or did you start building simultaneously into multiple ETF’s?
started with TSLY but then diversified when more came out.
These numbers are insane! My only concern is TSLY has been losing value😮 over the past 5 year. Are you going to cut TSLY and move your remaining capital or hold it til they stop paying dividends?
holding
I think the ex date would be the same as the other YieldMax funds. So this would not work?
Fund of fund have different ex date
You need more capitol money to invest into TSLY, QQQY, IWMY etc. 37000 is not enough to make a portfolio you can live off. If you could start with like 200,000 then it would work, so save your work salary and invest each paycheck.
working on it rob!
I'm going to buy 1000 shares on cony on Monday.
By not re-investing your income from covered calls etfs your investment will get lower an lower and erode until you'll have the same amount of shares but they will get you nothing,
so what you currently doing is just relocating your ROC to another etf..
Great job.
Any good high yield tickers for 4th week aside from KLIP?
SPYI i think pays towards the end of the month, as well as the KURV etfs im pretty sure.
fepi is a good 4th week payer. if you dont mind a higher share price, $70+, then usoi is a high paying 4th week etf.
Svol also good
SVOL pays same week as KLIP
Can’t you triple this? Roll defiance into single yield max then roll single yield max into the fund?
Yes
Very nice payouts. I'm only about 150 a month
It will build
How risky are the investments your in?
High risk high reward!
It's inevitable. I now have several sub funds building up and more coming. Cef funds yearly funds bdc funds mlp funds and more
awesome, keep it rolling
I sold all of my JEPI last week. The dividend has gone down every month since I have owned it along with the stock price. Where as JEPQs dividend has gone up every month. Not sure what is going on with JEPI but I'm out!!
Long term hold, options premiums fluctuate.
@@EntrepreneurInvestor the expense ratio is too high for a stock that has consistently gone down in stock price and dividend distribution. I was losing money even with the dividend payment.
Jepi and Jepq are basically hedges against each while collecting dividends on both
No sense in selling when it drops unless you see something within the financials or leadership, etc worth losing faith in them. Buy when prices dip. Remember, pigs get slaughtered.
I like the way you think
Sounds to crazy to be true
Just think of it as an annuity... You'll get a percentage payout but never see your money again 😂
Buy ET
Whats that,
@@EntrepreneurInvestor might mean Energy Transfer. not a bad stock, about $14 with 31 cent div but its only a quarterly payer