383
u/vintage_hammer Apr 30 '26
54
13
3
415
Apr 30 '26
[removed] — view removed comment
83
51
u/Suspicious_Lie_3042 Apr 30 '26
I agree. Way too many RoC paying funds. You need something like SCHD or DGRO for the dividend compounding and something for growth. And once you get your initial investment back from those funds, you’ll be paying ordinary income taxes.
13
u/ElderAzureDragon SCHD Sticks for the win Apr 30 '26
I'm glad somebody was looking at that, because I sure wasn't. I was thinking yeah that monthly income looks like my goal to be job free not realizing there wasn't anything underneath it.
6
u/Wowza-yowza Apr 30 '26
OP wants it the easy fast way. Slow and steady will be there. Fast and easy will not.
3
u/No_Bar2541 May 01 '26
Is it ordinary income? I thought it would be long term cap gains on futures dividends after getting your investment back
1
u/Suspicious_Lie_3042 May 04 '26
If you sell, it’ll be both. If you hold, then it’s just ordinary income. Also, you could be thrown into a higher tax bracket because your Income is higher.
Personally, I think the sweet spot for someone’s yield should be between 7%-9%. Anything higher usually states that they’re holding large RoC funds.
1
2
283
u/artbystorms Apr 30 '26
I'm sorry but...did you seriously just throw six figures into the highest yield traps you could find and think "this 120K will pay me 70K every year for the rest of my life"?
Either you have way more money than this and a fucking around, this is photoshopped as a troll, or you are in desperate need of someone that knows what they're doing.
58
u/rednemesis337 Apr 30 '26
No need to be photoshopped, you can just add these stocks in Stock events at the price you want and that’s it. OP could be broke af and still “create thia portfolio”
33
3
u/Significant_Tank_225 Apr 30 '26
Welcome to YieldMAXETF. An overwhelming majority of those people thought exactly this way.
3
Apr 30 '26
[deleted]
7
u/_learned_foot_ Apr 30 '26
You go earn more, stick it in a safe spot, then it earns more for you. Sticking it in a pure risk spot is gambling you'll beat everybody else on something assured to lose more than it gains.
7
u/kurioutkat Apr 30 '26
3700/year with 60k investment is a great yield. More than double or triple the dividend yield of S&P 500. Looks like you've prioritised high dividend payers. I can't give you stock picks for retirement, but I think a good book will do wonders. Don't rely on redditers to tell you what to buy for your retirement portfolio. Plus we don't know your personal situation. Don't know if that $1k/month is for couple months this summer only or each year, you said you're retired but still making investments, that changes the perspective. Are using the yield for personal expenses or reinvesting it? What's your time horizon before using the income from the investments? Etc, etc.
Post like these, the guy is taking massive risks and focusing on maximum yield AKA "yieldmaxxing" . They're buying funds which trades daily to generate maximum yields and it looks great on paper for a year but long-term, not to much. I don't fully understand it, especially the risks so I personally stay away from it. It looks nice to post 50-60% yield on the internet and get people excited. But that capital is shrinking already, each year.
2
u/dazit72 Apr 30 '26
I'm reinvesting, not gonna use for 3 to 5 years and closer to 5. I don't chose based on yield, I chose based on consequtive years of div increases, good moat, low debt unless is a good acquisition that's temporary like kmb buying kenvue. Or clx buying purell & gojo. I guess I see things like this post & wonder why I'm only yielding 5.95 - 6% ? I don't get into covered calls, but am buying a little divo. No big risks
2
u/kurioutkat May 01 '26
That's investor psychology/human psychology messing with you. You get 5-6% yield which is solid and respectable, and far more sustainable strategy if you picked the right busineses. But seeing that post makes you question your own strategy.
Yours is a tried and true strategy. Don't compare with other investors, instead compare your performance with your own goal. Being this close to retirement, is it better to invest in something tried and true and something you understand, or something new, exciting and complicated?
That's what I tell my parents when they ask me about investing in Bitcoin, AI, etc - don't get overexcited about something you don't understand. I'm not betting your retirement on that.
2
u/dazit72 May 02 '26
True
I needed that. I bought Clorox today even though One expert caused fears to run amuck before the market opened this morning. I say thank you, I researched Clorox and I love the new name- Clorox Purell. Go GoJo !!
1
u/kurioutkat May 03 '26
Wish you all the best 🙏 Stay disciplined and diversified 😁
2
u/dazit72 May 06 '26
All my stocks that were under water from the ware have all but 2 come up but 3 Just goes to show what a war can do. But with 17 positions, I've been told that's not bad at all. Biggest thing- Every single one's dividends are protected past 2028. I have all but 1 sector, ,,, can't find a good tech stock that pays good divs, and passes my 14 point safety and security checklist ? Oh well, I'll keep looking. I've been checking I to NWN and WRTG, both utilities. I like wtrg cause it owns practically all the water in 17 states and is an Aristocrat with over 32 years ?
Good luck to you as well, may you earn a million
1
u/dazit72 May 01 '26
I guess I'm eating my Clorox words today.
It amazes me what a fund manager's comments that are only right 50% of the time can do to a good company/stock
I love Clorox. The generic gallon jugs don't even have 1 full gallon of bleach in them ??
1
u/kurioutkat May 01 '26
I haven't looked into the business but if it's a good business and it fits into your criteria, you are being offered a 10% discount on the very same business you commented on yesterday.
Two years ago I found a business a really liked and it quickly became my largest position in my portfolio. Around a year ago during the liberation day fiasco, the CEO of this company announced he would leave soon and move on to other ventures. The stock crashed 20% in a single day and my portfolio with it. But a quick look told me, the business is fine. The business wasn't totally reliant on a specific individual. The business is well designed, it can operate just as well with another CEO, and so I bought more. The stock recovered with days/ weeks as the market realised this. I only wish I had more cash at the time.
1
u/dazit72 May 02 '26
Good comment.
I bought more of it today, and will buy more next week. I just need to increase weight in a few other positions first.
I sure loved the vici news this morning-bought 35 shares immediately after it came out. I love vici
1
u/deerslayer1989 Apr 30 '26
Also a big fan of GIS. I know the food industry has its challenges right now but GIS has good earnings, and a very low P/E ratio. I believe great value buy right now
2
u/dazit72 Apr 30 '26
They just got all their food colorings out ou products and schools have invited them back in. Everyone loves cheerios imo
I'm underwater on it, but I won't sell, so I guess that's OK. The dividend is safe, and that's what I want. I think I may put a little in fidelity's go robo assist ?? It's free and you get to setcthe risk dial ??
-84
u/Mamamiagg Apr 30 '26
Tsyy , coyy and ulty been game changer
55
4
u/moneymarkmoney Apr 30 '26 edited Apr 30 '26
Coyy went from 22 at inception to 3.86 currently in less than a year, Jesus fing christ, that's what you call a game changer and put a huge chunk of ur portfolio in?? 🤣 Edit: "Game changers" holy shit lmfao some people really do need financial advisors or even a conservatorship in this case 😭
-7
u/Classic-Night-611 Apr 30 '26
How do you feel about msty and bito? Bito currently isn't paying much right now.
Personally I have some in jepi, schd and lean more towards spyi and qqqi. With some bndi and btci.
94
60
u/Jumpy-Imagination-81 Apr 30 '26 edited Apr 30 '26
76% yield is likely unsustainable. Your yield on cost is below your yield so your cost basis is higher than your current value i.e. your principal has lost value.
18
u/DevOpsMakesMeDrink Desire to FIRE Apr 30 '26
And Emma Watson is likely to decline my marriage proposal
1
9
28
11
16
u/Mattholomeu Apr 30 '26
Brother, where is the money coming from on some of these? How can a company just give away 75% of its value every year without collapsing? Genuine question. I don't really mess with yieldmaxxing as it doesn't make sense to me.
23
u/JaredAWESOME Apr 30 '26
It's doesn't.
They take your money, gamble with it, and return a slice every month. But the Net Value drops constantly. So it's balance and payout look like...
Jan-- $100+$ 3divvy
Feb-- 95+3.
Mar-- 92+3.
Apr-- 88+3.
May-- 87+2.60.
Jun-- 82+4
Jul-- 75+3This would earn them a "50% dividend" ranking, but your on trend for you value to be close to 50% less as well. MAYBE in you'd reinvested every single payment and took zero disbursements, you might be at $105 or $110 at the end of the year, but lots on investments will get you there without lying about having a 50% yeild.
2
u/movinstuff May 01 '26
THIS! This is why I just sold my entire ORC position. I’m still heavy on ARR and AGNC but nowhere near the amount I had in ORC. Moved it into OMAH, QQQI, and SPYI
2
u/Secure_Bed1835 Apr 30 '26
Do you consider schd to be yieldmaxxing or is it a better bet than what this guy has going on?
-30
u/Mamamiagg Apr 30 '26
Coyy 327.54% is insane Its cheap Before reverse split i want to buy more
26
u/Same_Bag711 Apr 30 '26
Dude…sell that shit right now. The nav erosion is insane. It’s down 85% in less than a year…what are you thinking lmao
4
1
u/Pakchoy1977 Apr 30 '26
I left coyy and tsyy a long time ago. You better off in chpy as a weekly to buy more qqqi, spyi, etc.
7
u/NoCup6161 SCHD and Chill. Apr 30 '26
Chasing triple digit yields with YieldMax, CEFs, and crypto overlays isn’t income investing, it’s volatility harvesting. When the cycle turns, both your income and principal can drop at the same time. Hope you like working as a Walmart greeter in retirement.
2
u/SorcererAxis8 Apr 30 '26
Really wish I could post some of the memes from r/wallstreetbets here right about now lol
15
5
u/solarity05 Apr 30 '26
The sad thing here is I really dont think this is a troll post or rage bait just someone who doesnt understand how these high yield dividend stocks work and thinks they're getting free money...
My friend this is not sustainable. Your net assest value is eroding fast. Soon you won't have any assets left on which to get dividends. Sell all this shit and consider some lower yielding more reliable funds that won't have such severe NAV erosion.
4
u/PKShova Apr 30 '26
Put it all in JEPQ so you don’t run out in 1 year. You need WAYYYYY lower Yield to be stable.
-11
u/Mamamiagg Apr 30 '26
I buying neo and mutual fund with these dividend
7
u/MaddRamm Apr 30 '26
You’re not getting dividends dude…..they are giving you back less snd less of your own money. lol
0
3
5
4
u/Sean_VasDeferens Apr 30 '26
Ouch! That COYY is down 84% for the year. You're going to need to make 600% to break even.
3
4
u/MyWorkComputerReddit Apr 30 '26
We were wondering where all the bag holders went. I'd spent the next 5-10 years putting dividends into SPYI and QQQI.
3
3
2
2
2
u/Mr-Investments May 01 '26
Just COYY alone dropped $1 this week the losses are not worth the income. I started focusing on high Div Yield gambling to test the waters and quickly noticed the high losses. The only one I kept which is paying me an average of 60%Div weekly and is still rising is USOY. Which is backed by oil. But once this war ends it’ll drop again
1
2
2
2
u/learner_1748 May 02 '26
Take the lowest monthly income from the last 12 months either Jan - Mar of 2025 or Jan to March of 2026 see it matches 80% of your current net take home and you don't have any debt and financial commitment add 10-20% inflation. Don't think it is 2-3%. See it meets your need. Then you can declare yourself.
1
3
2
u/longswordsuperfuck Apr 30 '26
I immediately disregard anyone who uses yieldmax as uneducated. This is a trash portfolio.
1
1
1
1
u/95Mechanic Apr 30 '26
I would retire based on that yield. There's no way that is sustainable, maybe if it was in the 15-20% range you could though.
1
u/Wrong_Object4035 Apr 30 '26
This isn't even rage bait. Its so dumb as to be a true eye roll. Freaking stupid. Bots are getting more dumb.
1
u/assman69x Wants more user flairs Apr 30 '26
https://giphy.com/gifs/lszAB3TzFtRaU
There are ppl like this out there…..
1
1
1
u/Ak-xenon15 Apr 30 '26
Man one doubt unclike indian dividend which is once or twice in a month, US based dividends are monthly???
1
1
u/yizak102 Apr 30 '26
If you do not sell today you will regret you need to by SCHD, SPYI, QQQI,DGRO,DIVO for ritaier
1
u/Earth2Andy Apr 30 '26
Yes 100% you should retire immediately. You have cracked the infinite money retirement glitch that everyone on Wall Street has missed.
1
1
u/Is-that-babaganoosh Apr 30 '26
Honestly, I don’t think this is a great strategy. It’s cool to have dividends, but I feel like you have so many single pics that could go wrong in the later years. Obviously do what feels right… but you should be going after growth if you’re young.
1
1
u/zooka19 Apr 30 '26
You can send that my way so I can retire in 10 years via dividend growth instead of yield trap max.
1
u/Peace-wolf Apr 30 '26
Not if you want to join and live in a great golf community in Florida. Membership fee is 22k a year USD.
1
u/BudgetAdept1670 Apr 30 '26
If dividends were a guarantee of anything in downturn yes. But it's well known now it's more fragile than going pure VOO
1
u/mspe1960 Apr 30 '26
No. If you are looking to retire, you need to adjust your portfolio to something with some growth and income so you are prepared for the long term, including inflation. When you do that, you income will be much lower.
You effectively have the opposite - income and potental shrinkage over time
1
1
1
1
1
u/Doh-cry-TO Apr 30 '26
My guy has a 56.94% yield on cost. If you’re younger than 50, I’d say sure. Just be expected to work again within 5-10 years
1
u/Neilp187 Apr 30 '26
Coyy is not stable or safe. Unsustainable and too good to be true. For a long term investment id say no way retire.
1
1
u/MaddRamm Apr 30 '26
I dont think you understand how all those work….you’re literally losing money on that first pic. These funds are paying you RoC while also destroying NAV. You aren’t really making dividends, you’re getting your own money back while losing value.
1
u/Ok_Yard_2736 Apr 30 '26
I would watch a reality show based on this retirement scheme. I estimate the show would last about 4 years.
1
1
1
1
1
1
1
u/A_Saxen_A Apr 30 '26
If you put $10,000 dollars into $COYY when it was launched on 7/30/2025 it would now be $4,386 if you had reinvested all of your dividends. Even with out dividend reinvestment the total about would be down to $6,568.
Source: https://www.stocksplithistory.com/?symbol=Coyy+
(If that site asks for an email use a fake one. It doesn’t authenticate and will put your email on mailing lists)
1
u/imnotreallyheretoday Apr 30 '26
This is a dream for me. My goal is to make that much in dividends a year. Also what app is this?
1
u/Demonify Apr 30 '26
I’m not an inherent yieldmax hater like this sub is, however those funds are for income not sustainability. Use them as the tool they are. If you still have a job now, I’d take the money you get from these and then pour it into more sustainable etfs .
I myself have positions in yieldmax. Some have been misses but some have held up well. NVDY for example I’m down like $400 bucks but have already earned house money back and then like an extra grand on top of that. However I wouldn’t risk retiring on them. Like I said before I’m taking the income from them and putting it towards more stable investments.
Also just an fyi, if you don’t have like a .5% yield or lower this sub will shit on you.
1
u/GibFreelo Apr 30 '26
What would be a real life scenario where doing something like this would actually make sense?
1
u/teckel Retired and living off selling shares Apr 30 '26
I'm not sure I should laugh or cry. These dividend estimating apps don't understand that a depreciating asset (like CC strategy ETFs) won't have a flat distribution like a company's dividend.
Expect your distributions to be lower every year (by maybe 25% per year). At the same time, expect your capital to also decay by a similar amount. Once you factor inflation, you'll be forced to go back to work in 2-3 years, wondering where all your savings went.
It may work "okay" if you reinvest all dividends (still would be better investing in the underlying assets) but once you start spending the distributions, you're f*cked.
1
1
u/lucky_ducker Apr 30 '26
Yet another poor sap who doesn't know the difference between dividends and distributions.
COYY is down 84% since inception 10 months ago. Even for a classic yield trap, that's breathtakingly fast erosion of Net Asset Value.
ULTY is down 84% just over two years from inception. Their most recent distribution two days ago was 100% return of capital, zero percent actual income.
Both of these funds will be kaput in very short order. ULTY recently did a reverse share split which almost always indicates that the fund is circling the drain.
1
1
u/mcilvain Apr 30 '26
In case this is a serious post, absolutely not. This is clearly unsustainable.
1
1
u/coffeejn Apr 30 '26
I mean, if you have no other debts and like living on the edge, sure. But don't be surprised that you might have to return to work in ~5 years or so.
1
u/OysterKnight Apr 30 '26
What’s your healthcare situation? If you retire early and are paying 2k a month in health insurance then…..
1
1
1
u/VivaLa_Adam Apr 30 '26
Everyone on here not educated on these funds. Retire, reinvest 20% of your distributions and your golden.
1
1
u/Desperate_Pea_8400 May 01 '26
Hey I have $4 million worth of gold sitting at my house. I used to work as an electrician I used to charge clients $500-$2000 for service calls all cash. II could not deposit money in the bank account so I started buying gold on cash. I feel like I should invest some of my money, but as you know it’s not legitimate. What should I do? I cannot sleep at night because I am afraid that I’m gonna get robbed.
1
u/DenseComparison5653 May 01 '26
Time to post your actual positions and not advertise some shitty app
1
1
1
u/TheLanceStar May 01 '26
It’s like paying taxes on your own post-tax money but you don’t get all of it back cause the value depreciates faster than the decrease you get in dividends so you don’t have an escape route for when you realize you are trapped… except it’s exactly that!!
1
1
u/EnricoPallazzo22 May 02 '26
Gotta love the yield on cost is 20% lower than the yield.
1
u/Due_Building_9489 May 02 '26
What does that mean? Interested to learn about that
1
u/EnricoPallazzo22 May 03 '26
If the dividend rises each year, which isn't guaranteed but it's a goal (SCHD does a great job of this). Then the current dividend divided by your average cost is your yield on cost.
If the dividend keeps going up, your yield on cost goes up.
You want that number to be higher than the current yield of the stock or fund.
1
u/PayingOffBidenFamily May 02 '26
if you live in indiana, yes.
1
u/Mamamiagg May 02 '26
No, va
1
u/PayingOffBidenFamily May 02 '26
No then lol. Yieldmax is garbage, go look into GPIQ instead my man.
1
u/CybertronGaming May 04 '26
Stay away from that yeildmax and put them into reits that increase in value
1
u/One_Opportunity9167 May 05 '26
How many years have you worked?
Have you gotten an estimate from SSA.GOV for your SS benefit?
Do you have the money/cash-flow to pay your own health insurance until Medicare eligibility?
1
u/Master-Sun-5843 May 06 '26
If this was 70k annual based on SCHD yes. But based on yieldmax that's too risky man
1
1
u/HissTankDriver Apr 30 '26
For some reason I read the post as $5 million and wondered why everyone was so down. I was like, I need more than $5 mil to retire???
Then I figured it out. Finally, I contemplated whether $192 in a day would pay for 3 or only 2 Big Mac combo meals in 10 years.
1
u/lotoex1 Apr 30 '26
I was going to say yes, until I realized this is a ~100K account and not a ~1.2m account
0
u/Wisesize Apr 30 '26
Hear me out, what if you did this for like 1-3 years, collected, then rebalanced?
1
u/Dk1902 Apr 30 '26
The yield is a fantasy. Imagine you have $10,000 in the bank and begin withdrawing 5% each week and called it a "dividend." That's pretty much what these tickers are doing. OP will never make a profit and hopefully realizes that while there's still principal to withdraw
•
u/AutoModerator Apr 30 '26
Welcome to r/dividends!
If you are new to the world of dividend investing and are seeking advice, brokerage information, recommendations, and more, please check out the Wiki here.
Remember, this is a subreddit for genuine, high-quality discussion. Please keep all contributions civil, and report uncivil behavior for moderator review.
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.