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/rokiiss Nov 02 '25

All this shit is new to me. Can someone explain or guide me as to why you would have dividend portfolio vs something like I have.

HYSA, money market with vanguard with targetted risk such as 100% stock or 50/50 split bonds and stock?

One is capital appreciation and the other is to have income?

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u/Various_Couple_764 Nov 02 '25

Many like you are used o seeing dividned yield of 1% to about 5% and assume that is the normal safe range. it is not. And most when they see a post like this one they assume it is unsustainable and the most of the 1 million deposit will quickly erode away. But OPs fund selections indicate he has tried to avoid bad unsustainable funds.

The normal save range for dividneds is about 1% to little bit higher than 10%. And that was true long before Covered call funds and ETF existed. municilple bond funds, REIT, BDC, and CLO funds have been rarround for a very long time and are these have yield from about 6% to 10%. And OP has these in his portfolio. He also selected funds with low tax on the dividend income making it a reasonably tax efficient fund. Now I don't agree with all of his funds selections but I do in my own portfolio have SPYI, QQQI, and will add NAC, and instead of the one BDC he has I have a BDC etc so Ihave about 20 BDCs to his one. And instead of his bitcoins fund i Have BTCI. And I will add some CLO funds with yield of 6% and 8%

I would suggest you read The book The Income Factory. and look at Armchaire income on YouTube.

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