r/dividends

Are you investing more than 50%? How close to retirement are you? I'm recently retired and wondering how much I should risk for dividend income.

Okay, here’s what I’ve got (in the title).
I’m currently sitting on it (checking account).

I make a decent living (full time worker making just under 100k yearly). I plan to work another 10yrs, then retire.

My rent is $2,000 monthly.
I am mid 40s (age).

Currently, I am not interested in owning a house.

Now, I ask you,
What’s your advice if I am looking to get enough return to pay rent for the rest of my life?
Or.. is that even possible?

Please be kind. I have no experience in investing. I also plan to speak with a financial advisor next week.

EDIT - apologies. I have no idea how I spaced this. I DO have a retirement plan and it’s looking good. I have a 401k and a separate one that I and my employer pitch into.

EDIT - okay. No offense. I am not giving all my info out. I do not need life advice or any advice on my job. I did not include every detail. I am okay with work and after 10yrs, IM GOOD. I am retiring with everything you’d want in retirement.
I have a car, paid off. I will retire. I didn’t include normal bills for a reason.

I'm really thinking about putting in about $30,000 into $iipr to get $1,000 every quarter. do you guys know any stocks where I can get a $1000 every quarter without putting a lot of money into that stock? I'm trying to limit it to about 50000 to 60,000?

I am 36, married with young children. Dual income high earners. Grew up poor and taught myself everything I know about finance (not much). I’m very good at my job but I know I’m not maximizing my returns.

I have a fairly strong 401k for my age, especially combined with my wife’s.

A post caught my eye regarding NEO funds that yields in the double digits. While not specifically looking at NEO, I’d like to find a balance between yielding a strong return and protecting my principal.

I have a separate brokerage that’s done very well, but have about $500k earning a little over 3% right now (HYSA).

If you were in my shoes, trying to limit risk while yielding 7-8%….how would you build your portfolio? Is this even possible?

I want to retire early enough to enjoy how hard I’ve worked to go from nothing to where I am. I also want to continue to be able to provide an incredible life for my kids and not waste the potential of the wealth I’ve built so far.

Any and all advice welcome! Thank you in advance.

I want to do an experiment for a year on this. Buy xqqi at the start of the month, get monthly dividend, sell xqqi, buy qqqi in the 2nd week of the month, get the dividend from qqqi. Sell qqqi and switch back to xqqi next month. Rinse and repeat!

On paper this should give a 30-35% return. Keeping the taxes aside, I want to experiment with 10-20k. Are there any pitfalls ?

Hey everyone. Want some numbers from RL. I am close to $750 per month in dividends with a yield around 3.1%. Wanted to know how long it took to get to 2k or 4k in monthly dividend. I can do the math but wondering if the snowball will show up and help out too.

They recently changed to quarterly distributions and aiming for 12%. Do you guys think this is sustainable? That’s quite the jump up from ~7%

I do own a bit of it, I like the diversification. Kinda wish they kept it a bit more conservative

I currently have these stocks
NVDA 1.06~ LLY 0.0725~ SPCX 1 ~ DIS 3.07 ~ SCCO 1 ~ DOW 1.01 ~ DTE 1.01 ~ REIT 1.01 ~ RVII 2 ~ SCHD 2.02 ~ CCL 10.72 ~ VITL 25 ~ AGNC 3.07 ~ MU 0.0984 ~ FRVO 6 ~ UFO 2 ~ LCID 10
I kept temping to buy good inventory type of stocks. I only can afford between 50 to 100 when I get paid biweekly I like that stock buy buy when I should have put the money into the stocks I currently own
Thanks to each of you for ideas to DO better