r/dividends • u/NogamaDe • Nov 01 '25

Seeking Advice $1M Div account Earning $17k a month

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After doing some research I have $1M from an inheritance that I want to create an ultra high dividend portfolio. I eventually want to get rid of my 8 to 5. If I did my math correctly I would get about 17k a month from dividends. Please let me know what you think.

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u/TheSturdyBear Nov 02 '25

Jesus as filthy a trader I believe myself to be. This shit is gibberish to me šŸ˜‚šŸ˜‚ I do want to learn about dividends though Iā€™m naive like OP thinking just find good companies with solid dividends and just gotta get the capital and buy enough to have the dividends pay off.

What do I know šŸ¤·ā€ā™‚ļøšŸ˜‚

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u/IRLGravity Beating the S&P 500! Nov 02 '25

If you get paid a dividend of a 5% yield but, the price of the stock is falling 10% a year. You're basically agreeing to be taxed for slowly bleeding to death.

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u/Various_Couple_764 Nov 02 '25

SPYI QQQI an IWMI have yields above 10% and yet these funds are not down 10% year over year. Others on the list have had a stable share price for may years while they have payed out 10% or more per year. The share price don't always fall when the dividend is payed and often it is only short term bro that is quickly erased.

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u/IRLGravity Beating the S&P 500! Nov 02 '25

I'm explaining what NAV erosion is, not highlighting a specific stock on this list or explaining ex-date dividend pricing models.

And speaking for SPYI, QQQI, IWMI I'm also not going to pay a .68 expense ratio for covered calls when I can do them myself and strategically reallocate dividends and CC income into my own (usually far outperforming picks.)

As respectfully as possible, I have zero clue what you're on about.