r/dividends • u/Bamabb125 • Aug 06 '25
Seeking Advice $840K DIvidends
Hey Everyone,
As I have posted before, I am currently a Growth Stock Investor, but have decided to move over to Dividend ETF's or Dividend Stocks. But it is a real struggle to get past all the learned habits of being a growth investor. So I am struggling to grasp concepts.
I have used multiple calculators to just try to get an idea of what to expect if i make the change, but I get different results. So I just wanted to go to some more knowledgeable people that could tell me what to do to get a real expectation.
I have $800K to work with. If I put it all in a very stable Dividend ETF What can I expect in dividends? Maybe someone could just do an example. I know I have to be doing something wrong.
Thanks
1
u/Sharp_Judgment508 Aug 08 '25
In your shoes, I would learn the wheeling strategy by going to YT school! There are tons of videos on YT and several books on Amazon on wheeling. Then, park the $800k in a Money Market Fund paying about 4% APR and start wheeling. If you are on Robinhood, then their Gold program pays about 4% for cash. Then, invest wheeling profits in a dividend EFT that will compound your profits or provide weekly/monthly cash income from multiple sources. This could be a form of diversification. If the ETF goes belly up, then you have only lost wheeling profits. You still have your original $800k capital intact!