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Have you looked into QQQI? It pays over a 13% dividend yield each month plus capital appreciation/downside protection
Put the money in QQQI and collect the over 13% dividend yield each month
250k into each of the following ETFs. BTCI, QQQI, IAUI, SPYI. Use the rest in SGOV with a 50% margin boost
$1MM into QQQI - 13.59% dividend, riskier fund $1MM into VTSAX - 1.11% div, 15% growth, safe $1.4MM into FSELX - 6% div, 25% growth $100k - investment play money. Leaves you with ~$225k yearly dividends with good growth. I would run this for a year to make sure I …
Nearing retirement. Picking up QQQI in February. Solid dividend payouts all year long.
hi u/Big-Sand5360, are you no longer invested in QQQI? how did that go, I assume you must've generated a good monthly cashflow so far? are you no longer holding? cheers!
Any dividned ETF with a yield of 1% that pays monthly well generate JAAA 6% yield will pay $60per year in $5 monthly installments. And you don't have to sell shares to get the money. It is simply deposited into your brokerage account. CLOZ 8% yield $6.6 per month. QQQI …
Put it in QQQI and you'll make over 13% dividend in 1 month.
QDTE pays 36%, SPYI pays 12% - both well above 7.7% & 5.5% If your interest is well above 10%, then I'd say go ahead and pay them off now. Me personally, I'd let a combo of high income funds pay it off for me (QDTE, MAGY, GPTY, QQQI, SPYI).
Honesty you don’t even need 10 million. I would look into ETFs or stocks that pay dividends. Some even sell calls. Last time I looked 1 million into QQQI would pay you around $11,000 a month in dividends. There are also some tax advantages. You’d make around $132,000 a year …
For the future I would start investing the money bonds and dividend funds. That way your investment will gradually earn you cash. And over time the passive income from your investments can start taking care of your bills. It takes years to build it but the rewards are with it. …
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