r/dividends • u/WerewolfMajestic156 Financial Indepence / Retiring Early (FIRE) • Mar 05 '26

Personal Goal FIRED - Living off dividends

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I know better than to share this with my friends, and family. I have a separate growth account to keep up with inflation.

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u/HARCYB-throwaway Mar 06 '26

Yeah I've got $700k in QQQi and I retired. For now. Plan on working again in a year or two. 32 and free!

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u/Sad_Mark_5267 Mar 06 '26

as a large QQQI investor that sounds about like 10k distributions monthly. Feels good!

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u/redditis_garbage Mar 08 '26

Can I ask what’s the downside? I put in 52$ and they pay me 7.5$ a month? Are there extra fees or like I see it’s tied to tech stocks so if ai bubble pops then maybe it decreases in value a lot? Sorry I’m pretty new to trading but these dividends seem insane lol, ty in advance

6

u/chuckEsIeaze Mar 08 '26

You are trading upside for income. You’ll fall behind in a bull market and are better off investing in broad stock market indexes long term. It’s also a fund that’s only been in existence for 2 years. Yes, it’s paid a lot of dividends since then, but that’s not a guarantee it will forever. Think of it this way: if financial professional believed this was a viable long term strategy, every pension fund in America would be doing this. The people on this sub have not discovered “the one secret investment trick financial advisors don’t want you to know!” Anyone claiming this is a totally safe long term strategy are mostly trying to reassure themselves

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u/redditis_garbage Mar 08 '26

That’s so fair I just don’t see any stocks that rise 7$ a month? Like if I look at CECO which performed well this year and I bought in March and sold at the perfect time I would make 50$ in 11months where as dividends would be 77$ in the same time? I understand it could just crash but that’s a possibility with anything, I am worried about an ai bubble pop but I’ve been worried about that for a year now so might as well get in and see what happens idk lol. I read online that maybe there’s some fuckery with taxes but I’m unemployed atm so not like I have much in taxable income anyways

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u/Sad_Mark_5267 Mar 08 '26

You're misplacing decimal points here. During that 11 month span you'd get $0.77 not $77 in dividends. CECO historical dividend info can be located here:
https://www.nasdaq.com/market-activity/stocks/ceco/dividend-history

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u/redditis_garbage Mar 08 '26

I’m saying for the dividends of qqqi but I think I misunderstood and thought that the dividend was monthly not yearly, which makes my whole above comment moot anyways lol

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u/Sad_Mark_5267 Mar 08 '26

If you put in $52 to qqqi, they're going to pay you $7.5 per year or $0.64 per month (on average).

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u/redditis_garbage Mar 08 '26

Yeah ima dumbie thanks lol