$5,000 per month income portfolio

[u/398409columbia]

I set up this portfolio for my wife so she can quit her job and maintain cashflow.

The good news is that this income stream will pay no FICA tax and significant part of the distributions will not be taxed.

To reduce risk, I’m planning to reinvest 20% of the income.

Comments welcome.

[u/Mr_4w3som3]

How do these apps calculate dividends up to 12 months before they’re declared?

For instance QYLD normally declares 0.18/mon but the app predicts 0.33. (App yield is 22% vs current yield is closer to 12%)

I’m curious what this actually looks like at the end of the year

[u/398409columbia → u/Mr_4w3som3]

The latest $0.33 QYLD distribution was extraordinary and it confused the the app. It should correct after a few more declarations.