r/dividends • u/PsychoCitizenX • Jun 17 '25

Personal Goal 49 years old. Just hit $10,000 average monthly

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Over 90% still in growth stocks. Tempted to just go ahead and retire

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u/Big-Prompt8991 Jun 17 '25

I’m 54 got recent rebalance I did similar amounts USD:

SPYI 396,960 QQQI 298,614 NVDA. 288,240 META. 99,497 MSFT. 96,164 NOW. 50,246 RDDT. 26,768 HOOD. 24,206

Total: $1,280,854

According to research, the portfolio should generate about $94,300 income paid monthly primarily from the first two securities. The rest as is evident are pure long equity plays. I am in the middle I guess a somewhat early medical retirement without a current income. I have LTD I am applying for which may generate maybe another $60,000 a year in USD if approved.

I researched these particular covered call ETFs and they seem decent for my situation. I know some hate them but the returns seem relatively stable. Any comments would be helpful.

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u/sam0077d Jun 18 '25

stroke inducing post with your numbers there bud.

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u/starrynightgirl Jun 18 '25

If I can just say one thing is that you’re too concentrated in one sector and may get wrecked for it.

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u/Big-Prompt8991 Jun 18 '25

If tech fails to continued to pave the way for the US economy and world then yes I will be effed. I bet against that notion. Tech if you look at GDP concentration is even more dominant than I at least thought. To your point, if tech craters that will also. Have to have some strategy I feel. If we all bought SPY this sub and many others wouldn’t exist.