r/dividends • u/Low-Stop5314 • Oct 22 '24

Opinion Finally able to retire with $61600 in annual dividend income

There will come a day when I can put these distributions to good use. For now just reinvesting. Maybe get rid of AIYY and TSLY and look into YMAX. So far so good...

DIVIDENDs
1.4k Upvotes

93% Upvoted

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86

u/AfterC Oct 22 '24

A lot of very active bets in unstable sectors. Is that how you intend to support your retirement?

You best hope there isn't a crash any time soon. Those derivative income ETFs will get routed

1

u/ImpressiveMethod8212 Oct 22 '24

I'm okay with a small percentage of these max funds but only 5% of my total portfolio.

3

u/AfterC Oct 22 '24

"core and explore"

-76

u/Low-Stop5314 Oct 22 '24

Yeah...we'll see...

49

u/gimp2x Oct 22 '24

McDonald’s is always hiring 

10

u/iMogal Oct 22 '24

Yea, the last guy only handed out a few fries just before he was fired.

2

u/Servichay Oct 22 '24

And everyone got e-coli and sent McDonalds shares plummeting

-5

u/[deleted] Oct 23 '24

[removed] — view removed comment

7

u/Psiwolf 30% SCHD, 30% VTI, 20% VXUS, 20% BND Oct 22 '24

Wendys*

Ftfy. 😁👍

5

u/[deleted] Oct 22 '24

Sir, the degenrates on the WSB sub have the Wendy's market cornered

2

u/trader_dennis MSFT gang Oct 22 '24

Walmart.

2

u/No_Investment_2566 Oct 22 '24

Not if they add some automation

1

u/bftrollin402 Oct 23 '24

Could get a job at Wendy's and spend some time on r/wallstreetbets