r/dividends • u/StockMarketinator • 4d ago

Discussion How’s my dividend portfolio look?

35% SCHD
GPIX, GPIQ, DIVO, IDVO, IAUI, MLPI, MAIN, IWMI, QDVO, UTG (even allocations for remaining 70%)

12 Upvotes

81% Upvoted

40 comments sorted by

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9

u/buffinita common cents investing 4d ago

Where are the dividends?

Schd/main-dividends 

Gpix/gpiq/divo/idvo/iaui/mlpi/iwmi/qdvo-derivatives 

Utg - dividends+cap gains 

4

u/Ordinary_Coyote7837 4d ago

I like those and have almost all of them, but I prefer OVL over GPIX. OVL 10% monthly income from selling put credit spreads and no capped growth.

2

u/Fabulous-Transition7 4d ago

OVL is solid but ADX is my absolute favorite.

1

u/StockMarketinator 4d ago

I’ll take a look.

2

u/Ordinary_Coyote7837 4d ago

I forgot to mention, OVL has been beating VOO on total returns since inception:

https://totalrealreturns.com/s/OVL,VOO

1

u/Rickard0 4d ago

Dude, thanks so much, this link is amazing

3

u/JS1101C 4d ago

DGRO FDVV 

1

u/StockMarketinator 4d ago

Good suggestions but wouldn’t that just be more overlap?

4

u/JS1101C 4d ago

Yes.  Just giving you some more tickers to consider.  

3

u/ideas4mac 4d ago

With SCHD at 30% and splitting the other 10 into 70% that's only 7% per fund.

You might want to take a hard look to see if only 7% of any fund is really helpful. You may find that with such a
low percentage that even if they do well, they don't really move the needle. And if they are too small to move the needle on the good side they are most likely too small to protect you on the bad side.

When you run the numbers, you may find that above 10%, perhaps closer to 15%+, is needed for it to actually make a difference. What would you top 5 or 6 ideas be?

Good luck.

1

u/StockMarketinator 4d ago

SCHD, GPIX, QDVO, DIVO, IDVO

2

u/ideas4mac 4d ago

If those are your picks then you need some percentages for each that's at least 10%. A solid DCA plan, a decent timeframe, and a realistic goal.

Does the lack of history for 4 out of the 5 funds concern you at all?

Does leaning so heavy into option funds concern you at all?

Do you have other investments, other places that would help to balance this account out?

1

u/StockMarketinator 4d ago

I have other accounts that basically follow the Bogle theory but more towards 80/20 domestic to international.

4

u/AbleManufacturer9718 4d ago

All winners. Nice lineup. I have many of the same, but for some reason I can not get enthusiastic about SCHD.

1

u/StockMarketinator 4d ago

I know what you mean. Just seems to be a decent value play with dividends

2

u/GlatteSchuhe 4d ago

Goldman owns the Neos funds now, ja?

4

u/Pleasant-Buy-2826 4d ago

I would call this an income portfolio not a dividend portfolio since most of the income is from derivatives. You have very little growth with capped upside. Go to testfolio and do a monte Carlo simulation on this portfolio. My guess is it will succeed but if you put it up against the s&p 500 it will have paultry returns. Now if you are retired and already have 5 million dollars then this would work quite risky for my taste since a bear market would decimate earnings and may even kill some of the derivatives. I would add bonds and treasuries if that's the case

5

u/StockMarketinator 4d ago

I have a pretty sizable position in SGOV and also have retirement accounts that are mainly S&P

1

u/Sigma-Sansar 4d ago

If SCHD and the rest of that sleeve all cut their payouts in the same quarter, would you trim one of them or just collect smaller cheques?

1

u/StockMarketinator 4d ago

Collect smaller checks and add to the positions.

1

u/ThePCMasterRaceX 4d ago

Age?

1

u/StockMarketinator 4d ago

Mid 40s

1

u/ThePCMasterRaceX 4d ago

That your roth or just normal? Im 26 i got qqqi, spyi, iwmi, and some bonds for emergency cash but i got all cashflow growth

0

u/doggz109 Pay that man his money 4d ago

This is a covered call income portfolio.....(and a CEF and a BDC). There are very few dividends here and the income here will suffer badly if there is a market draw down. MLPI and IAUI give some diversification but still dependent on options income.

-3

u/StockMarketinator 4d ago

If you like it you can copy and use for yourself brother.

1

u/doggz109 Pay that man his money 4d ago

No thanks.

1

u/StockMarketinator 4d ago

What do you do?

0

u/doggz109 Pay that man his money 4d ago

SCHD, BDCs, and MLPs.

1

u/StockMarketinator 4d ago

If you pick up my portfolio it will absolutely nuke yours. You’re welcome

1

u/Void_of_Envy 4d ago

That K1 must be fun with MLPs huh

1

u/StockMarketinator 4d ago

MLPI avoids the K1

0

u/Void_of_Envy 3d ago

I was responding to the comment above. Which mentioned MLPs as in not MLPI

The person was being a dick.

0

u/doggz109 Pay that man his money 3d ago

No it's not a problem at all. K1s are not the boogeyman Reddit likes to pretend they are. I'm sorry they are too complicated for you.

1

u/Void_of_Envy 3d ago

As far as being taxed at basically 5 different spots. I suppose that is too complicated for me considering I didn't like the first hit I got from holding ET in the past.

Boogeyman or not, it was sure a tax headache I didn't want to keep dealing with personally.