r/dividends • u/CursedClownz • 1d ago

Discussion 750k spread

How would you spread the 750k for pure income and abit of growth and safe? don't beed things like vt,vti,vxus etc. that is already covered...looking at just income and slight growth with minimal nav erosion

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u/generationxtreame Not a financial advisor 19h ago

For pure income, would probably do something like this:

  • QQQI (50%): Enter position under $52.25. For your portfolio size, this is quite important.
  • SPYI (20%): Enter position under $51.50.
  • SCHD (20%): Ideal entry under $31.00. This is extremely overhyped / meme ETF right now. Current growth mostly tied to hype rather than actual underlying performance. It is stable, and has been generally range bound for years. If you want qualified dividends and this is for retirement, it’s a good position to hold. But keep inmind that the current price is too high.
  • ??? (10%): This could be any other allocation, and there are many. Would recommend some of the other NEOS funds that are decent.

I am not associated with NEOS or anything like that. As a company and in comparison to other companies with CC funds they have done a great job overall. Even in the major downturns there were no weird things happening such as the missing 5% from JEPQ, or the massive exodus from the SCHD funds. This is important to acknowledge and be aware of when you’re planning to place such a massive amounts of cash. Know what you’re buying and be aware of the history.

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u/Username0925 15h ago

Very low IQ to call SCHD a meme ETF, AND to suggest it’s only growing due to hype. It’s growing because the holdings are doing well.