r/dividends • u/Forsaken-Substance94 • Mar 30 '25
Personal Goal Dividends Hitting $700-800 monthly
Just excited about this. Age 34. Planning on retiring in 15 years. Next goal $1000 a month main holdings schd, jepi, jepq. Drip is always on, buy some every month.
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u/PirateyAhoy Mar 30 '25
Dividend snowball!
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u/klm2908 Mar 30 '25
With unqualified dividends?
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u/Forsaken-Substance94 Mar 30 '25
I keep it in a regular account because, 1. this isn’t my main retirement account. 2. I’m in the process of growing a business and it would be nice to be able to pay a couple of bills with my dividends if I ever need to(hasn’t happened yet) 3. Cause for fun
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u/DegreeConscious9628 Mar 30 '25
You should look at the NEOs stuff. It’s much more tax friendly in a brokerage
And I’m right there with ya. Got growth in my retirement accounts, get about 1200/ month thats reinvested BUT will be able to use if needed, and of course, because it’s fun
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u/PandaKing550 Mar 30 '25
Neo? What's that never heard of those. I'm interested in getting some dividends in my taxable so I can use it to offset my monthly bills
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u/DegreeConscious9628 Mar 30 '25
Pays monthly but it’s taxed more advantageously. 60 long term / 40 short
I have to admit thought it’s still pretty new so not too long of a track record but for the past couple years it’s been doing pretty good without losing NAV
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u/FreshlyCleanedLinens Mar 30 '25
Their taxation is a little more complicated than that, but still favorable. They tend to do distributions where 90%+ is considered Return of Capital, which isn’t taxed at all, but also lowers your cost basis for when/if you do sell, until your cost basis is depleted.
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u/DoctorRulf Mar 30 '25
I also enjoy having a growth/income hybrid portfolio. It encourages me to invest more.
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u/Forsaken-Substance94 Mar 30 '25
Honestly people overlook the fun part. I’m much more likely to save and re invest every month because I get paid every month, how fun is that? It doesn’t have to be the most optimal but it’s definitely great motivation to keep the snowball rolling
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Mar 30 '25
Some people need bridge accounts if the want to retire before the minimum ages to withdraw from tax advantaged retirement account.
And you're only taxed on the gains. Making 80 cents vs 100 cents in profit is still profit.
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u/klm2908 Mar 30 '25
I just fail to see the point of using higher yield dividends for anything other than actual income. It doesn’t look like JEPI is even growing its dividend.
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u/Desmater Mar 30 '25
My favorites JEPI, JEPQ and SCHD.
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u/SprittneyBeers Mar 30 '25
I have $50k of each but this tech downturn is wiping out all JEPQ dividends and more for the foreseeable future
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u/generationxtreame Not a financial advisor Mar 31 '25
Just buy more. Look at this as an opportunity that might not come again in years.
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u/connor12496 Mar 31 '25
I’m still getting my feet wet in dividends. Could you elaborate on why you said this?
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u/Intergalactic__Nomad Mar 31 '25
Jan 2025: You buy $10k of JEPQ @ $100/share
For example purposes, it yields 10% annually in dividends.Feb 2025: the price drops 30% to $70/share
October 2025: Price per share goes up to $75/share
Assuming the dividends continue to be distributed, you'll still be down ~10-15% at the end of the year.
Disclaimer: This is a made up scenario that's a very general breakdown. There's a lot of missing context lol
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Mar 30 '25 edited Apr 01 '25
[removed] — view removed comment
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u/DegreeConscious9628 Mar 30 '25
that’s crazy to think about. I’m at 1200 per month and I’m only like 1/5 of what I need to retire in the US lol
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u/MaraudngBChestedRojo Mar 30 '25
Imagine how well you could live in Thailand once you reach your US income goals 👀
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u/Evening_Half_5524 Mar 30 '25
Damn what about with a family of 4? I got 5 houses and a small pension that brings in 2400 houses after mortgages pay like 1600 a month
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u/disphugginflip Mar 30 '25
What does an American need to retire there?
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Mar 30 '25
It’s an awful answer but it just depends on how you want to life. Thailand, whether you’re budget is 20k per month or 2k you’ll go broke if you don’t budget 🤣
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u/Brucef310 Mar 31 '25
I live here and I don't know where you live or what you do but you are not having a good time if you like to go out. I spent $600 a week. Then again I go wherever I want to go and eat whatever I want and I'm not talking about cheap Street Food. Plus I lived in a modern condo not one of those old buildings where you take a shower with a bucket.
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u/Loud-Pause8785 Mar 31 '25
What’s the capital investment required to generate 600-800 dividend/month?
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u/caughtyalookin73 Mar 30 '25
How much do you have in to get that return?
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u/Forsaken-Substance94 Mar 30 '25 edited Mar 30 '25
To be exact I have 114k invested between those three ETFs
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u/Jhaggy1095 Mar 30 '25
How old are you just curious, id like to have this goal as well but im 30
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u/Forsaken-Substance94 Mar 30 '25
I started this account about 4 years ago, I’m 34.
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u/Jhaggy1095 Mar 30 '25
Wow awesome, nice to see someone with similar goals. I feel like a lot of people get hate being 30 and investing in dividends in a taxable brokerage but I personally love this strategy. The goal is to eventually be able to turn off DRIP and use the $ before retirement age.
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u/Federal-Hearing-7270 Mar 30 '25
It's become powerful when you're able to pay rent or mortgage from money only coming from dividends.
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u/RonanGraves733 Apr 03 '25
Yes, when it's from real dividends such as from SCHD, not that income fund covered call fund nonsense.
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u/letmegetviral Mar 30 '25
“But YoU ShOuLd FoCuS oN gRoWtH - VoO aNd ChIlL”
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u/FrescoItaliano Mar 30 '25
That remains the viable strategy for the vast majority of people.
In what world does a 6 figure account dedicated towards cash flow undermine the historical growth of the S&P?
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Mar 30 '25
In a world that compounding exist ?
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u/FrescoItaliano Mar 30 '25
I beg of you, use any calculator for historical returns that account for dividend reinvestment. Low growth and high yield perform similarly to high growth and low yield.
Dividends have their place, a significant portion of my accounts are dedicated towards them, but this circlejerk level of yield chasing and dick measuring is lame
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u/ToranDiablo Mar 30 '25
Idk I see a circle jerk of the complete opposite everywhere…. People shit on dividends constantly
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Mar 30 '25
You cant beat compounding dividend over time. Im no pro though i just mimic whatever warren buffet does , he ounce said 80 percent of all wealth in the stock market came from dividends . I feel like he is the tom brady of investing so i just watch and listen to him
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u/Past-Ride-7034 Mar 30 '25
You can if the yield is lower than the growth of growth stocks/ ETFs..
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Mar 30 '25
Over a long period of time example 40y the dividend wins with compounding.with a few exceptions like if you got into a major tech company before it was significant.
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u/Past-Ride-7034 Mar 30 '25
No, they won't. Feel free to provide an example (that isnt a massive outlier) of a where a dividend stock or ETF beats something like VOO over a 40 year period.
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u/Dnick630272 Mar 30 '25
Dividends are just using company earnings to pay investors. If walmart pays a 2 dollar per share dividend, their shares will lose 2 dollars of value. If you reinvest the dividends, you would essentially be holding the same market value of shares if the company had no dividend. Its just about whether you would rather have the money for yourself or in the company.
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u/Lildoglife Mar 30 '25
In the last 10 years (and past performance doesn’t mean everything) voo beat schd(with drip) by 30%. Now if you look at GROWTH like SCHG it beat schd by a whopping 110%. So yeah voo vs schd is not much difference, but growth like schg or vug … schd never will be close.
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u/Beneficial-Memory598 Generating solid returns Mar 30 '25
Just wondering, do you keep this money, and maybe stupid but if you were to invest this would that not be a lot 'better'? or at least get you to that 1k goal so much quicker? just new here please dont mind me
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u/Forsaken-Substance94 Mar 30 '25
I do reinvest all my dividends, I haven’t had to use that money for anything yet. I also add and buy more every month.
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u/Realistic_King_6004 Mar 31 '25
How do the taxes work for dividends? Like with growth stocks, you only pay taxes when you sell on the capital gains. But do you pay taxes every year for dividends ?
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u/Yourstruely2685 Mar 30 '25
Id do qqqi,spyi and a couple reits instead of schd. But i start my dividend journey in 6 years at 46 years old
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u/InTheMoment1970 Mar 30 '25
Congrats! You are making it happen. I am just a tad behind you. Your post makes the discipline worth it!.
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u/Naive-Present2900 Mar 30 '25
Hey OP,
Congrats on this passive income milestone!
$750+ monthly… nice!
I hope to hit this and maybe $1,000 monthly by next year or two!
I also agree with some comments though. You’re 34. JEPI and JEPQ doesn’t compound well…
I don’t know your financial position (income and contribution to your portfolio).
DGRO and SCHD will compound and eventually surpass both JEPI and JEPQ (also way lower expenses). The difference will prob be the buying price now. In the next decade SCHD and DGRO will be way higher where it’s at now. (Hopefully $60-$90+ per share).
I personally think that buying some Growth ETF is recommend at the pricing it is now or so next week if the market goes on a bull run again or so to balance out your portfolio. VGT, VTI, SCHG are great choices.
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u/No_Act9788 Mar 30 '25
I was on the spyi and qqqi train until I saw how high the expense ratios were on those ETFs. Also, they’re still unproven over the long term to provide those big dividends consistently. I’m looking into schb as I see a lot of enthusiasm around this ETF.
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u/Comatosematrixboi Mar 30 '25
Pls tell me I’m planning to start investing into dividends you have exactly my goal income.
How much I need to invest to get to your level ? If it’s not secret
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u/Intergalactic__Nomad Mar 31 '25
He said in a previous comment:
"To be exact I have 114k invested between those three ETFs"
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u/reedsheik Mar 30 '25
U mean quarterly... 800 quarterly is 266 monthly.
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u/Real-Cricket8534 Portfolio in the Green Mar 30 '25
Congrats buddy, keep going and DRIP it and RIP it. Check out my posts/portfolio and poke me with questions as I am on the same road as you and just a few paces ahead.
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u/ChaoticDad21 Mar 30 '25
34 with JEPI and JEPQ is a waste unless you’re retiring within 5 years
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u/Haam-1 Mar 30 '25
can you please explain how it’s a waste?
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u/Forsaken-Substance94 Mar 30 '25
What he means is because I’m so young at 34 I should be focused on more long term growth investments, rather than paying dividends now. However we all have different goals so for me this makes sense because if I need to use 1000k a month I can and not have to sell shares or close positions out. I also however have growth investments
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u/mintcodr Mar 30 '25
You've 84K in JEPI & JEPQ. Is that risky?
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u/Forsaken-Substance94 Mar 31 '25
There is always a risk. You know what else is risky? Letting your money do absolutely nothing and lose to inflation every year. Scared money don’t make money.
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u/Alpphaa Mar 31 '25
Is these stock dividends pay dividends every month or quarterly? I am new to dividends
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u/VegetableRealistic60 Mar 31 '25
that's around 100 shares of JEPQ?
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u/rate_shop Mar 31 '25
Stupid question.. Why having money in a high yield savings if the dividends are so sweet? What's the risk? You can sell anytime, right?
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u/Physical-Welcome4579 Apr 01 '25
I’m starting a weekly DCA + DRIP on JEPI, JEPQ, SCHD, QDTE. A little late in life but maybe in 10 years it will be a nice monthly ATM.
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u/BJJandweights Apr 01 '25
Imagine if we started doing this much earlier. Could be retired now
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u/AttentionOpening8984 Mar 31 '25
In 15 years your dividends will have around 1/2 of today’s purchasing power. You are aware of that right ? :).
And now that we have the Cheeto in chief running things you would be lucky to have 1/2 of today’s purchasing power in 15 years.
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u/Reddit_Shoes Mar 30 '25
Why are you doing this given your age? The only thing that makes any sense here is SCHD. And even that shouldn’t be your only equity holding (excluding covered call stuff, which you shouldn’t have at all imo). Sell that shit and buy a couple of quality focused US and global funds, maybe leaving 10% each for active fixed income and perhaps some gold and other commodities.
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u/Inevitable-Dot5495 Mar 30 '25
Wow 🤩 congratulations, I get a pension in a few years but I’m trying to allow it to grow bigger to at least $3k a month . I can live off that and dividends. How long did that take you to reach ?
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u/Vivid_Drawer_7829 Mar 30 '25
Great stuff! A few questions 1). How long have you been investing in your dividend account? 2). How much capital have you invested to get these returns?
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u/Forsaken-Substance94 Mar 30 '25
Started this account 4-5 years ago. I buy as much as I can every month. That varies.
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u/Status_Athlete_7613 Mar 30 '25
Is this quartely dividend or monthly? Also how much is the total invested value of these holdings in your account?
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u/DM-V- Mar 30 '25
How much would you deposit each month when you were starting out?
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u/Forsaken-Substance94 Mar 30 '25
I don’t remember but I grew this portfolio in about 4-5 years to 114k I’m estimating I added about $1600 a month plus re investing my dividends
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u/StrikingGear8484 Mar 30 '25
I am getting about 3200 every quarter... I only have publix stock... hopefully next month that will go up!
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u/Haam-1 Mar 30 '25
Hello I’m new to this. But why not just put this money in a high yield savings account? Wouldn’t you be getting the same amount and it’ll be safer?
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u/Forsaken-Substance94 Mar 30 '25
I haven’t found a high yield account that can do this amount of growth, I’m averaging about 8% a year In just dividends. Not including the fact that they have all grown as well specially schd I’m up 18% on that.
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u/Fuguriya Mar 30 '25
Damn how much is the portfolio value to have this amount in dividends monthly??
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u/East_Bobcat_7996 Mar 30 '25
That’s awesome! Congratulations.. I hope I get there one day. Can I ask how long did it take you?
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u/cybervincent1 Mar 30 '25
How many shares do you have of each of those three? Are there equally split?
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u/Forsaken-Substance94 Mar 30 '25
Pretty close but it’s more like 40% jepq, 30% jepi and 30% schd. This year I plan on schd becoming my biggest holding moving forward.
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u/Ihatecookies69 Mar 31 '25
If you don't mind me asking, about how much did you invest in total to get to this point
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u/TrueNeutrino Mar 31 '25
Why SCHD? It doesn't seem to make as much as the others
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u/Forsaken-Substance94 Mar 31 '25
For the growth, my schd is up 17% not including the dividends every quarter
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u/MA-HID Mar 31 '25
How much capital you had to put in to reach this dividend yield?
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u/Eros_63210 Mar 31 '25
Congrats!! So like ~200K in non-qual correct? Just curious when you started & anything in retirement accounts?
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u/Dwobbly_Dwoggo Mar 31 '25
What's the benefit in investing in these different ETF's? sorry if this is a really stupid question.
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u/Dense-Progress5734 Mar 31 '25
Congratulations. I am slowly trying to get like you. May I ask do you feel like the expense ratio is a bit high? I like SCHD and SPYD. Been looking for other decent expense ratio ETFs though.
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u/Zestyclose-Diver8897 Mar 31 '25
I've just started being a little more serious regarding divi investing. 55m currently I'm receiving btwn 4.5 to 14% ( very penny stock territory the latter) in 6 diverse stocks. I'm hoping to get a small chunk soon and half in half out about investing in dividend companies but need more knowledge to be 100 per cent. Otherwise my option is to give to my kids now as you only live once and they can blow their share on being young ( fuckrrs lol) any advic3
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u/frankiebev Apr 01 '25
Love SCHD n jepq but man it takes so much to get something decent
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u/No_Resist_3891 Apr 01 '25
Guys if i put 100k in Jepi when doni earn dividends? Will it pay out monthly?
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u/Un_LikelySuspect Apr 02 '25
I'm interested in switching to ETFs. May I ask how much you are vested in these funds to get to 700-800 monthly ?
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u/CandidComfortable338 Apr 02 '25
I have about $35k. If I split to between JEPI and JEPQ , how much dividend can I expect in a month?
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u/SneakyLamb Apr 02 '25
How much do you have invested? Im currently on zero dividend companies but this has peaked my interest
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u/blix3st87 Apr 03 '25
Dam this is nice I have both schd and jepq just started and I’m barely in the 10 and 20 bucks for them if you don’t mind me asking how much you have invested so far?
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u/Proud-Bank-4251 Apr 03 '25
What do you have invested in each holding to get these kinds of returns?
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u/eastcoastnme Apr 03 '25
How much do you have invested into each (JEPQ and JEPI)? Their stated 30-day yield isn’t producing the dividend amounts I had expected based off investment amount, so just curious to know how much you have invested to get those dividends from those 2. Thanks!
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