Strategy: To Generate income quickly and continue building the portfolio full of income producing Dividend ETFs.
1) Use Dividends that Yield 75% or more annually
2) Goal is to make $1000 a month with high-yielding ETF Dividends.
3) Use Frequent Dividend payouts – Monthly and Weekly
4) Leveraged accounts should not be higher than 2x leverage
5) Diversification across multiple sectors and multiple find families
6) Try to avoid NAV erosion, but it is going to happen. This is for income generation.
3) 50/50 Re-investing.
50% DRIP
50% re-investing into additional ETFs to build up more income
Funds to look at:
These yields are at 75% or higher.
Funds decided on:
The following two sites were used to research of these to come up the decision for funds to invest in:
Site 1: yieldmight.com
Site 2: totalrealreturns.com
Here are the final funds picked to invest into:
So we will buy these High-Yield Dividend ETFs
CONY
ULTY
NVYY
COYY
COIW
MSTY
SNOY
YMAG
YMAX
TSLW
QQQY
HOOW
HOOY
TSLW
TSYY
HOYY
SMYY
MTYY
XBTY
AMYY
PLYY
AZYY
TQQY
YSPY
BLOX
NVII
YETH
CHPY
GPTY
SLTY
LFGY
SPYI – take reinvestments and drop them into this
QLDY
WEEKLY PAYMENT SCHEDULE:
MONDAY PAYMENT: BLOX
TUESDAY PAYMENT: HOOW
WEDNESDAY PAYMENT: NVII
THURSDAY PAYMENT: YETH
FRIDAY PAYMENT: CHPY
YMAX
ULTY
