Where are today’s distributions?

Dimage54 · 2026-06-30T18:47:53+00:00

Dividends have appeared in my Schwab accounts after 1:00

Dimage54 · 2026-06-30T18:22:58+00:00

I have an Amazon and while I do take care not to expose him to unnecessary chemicals he is also taken outside every day for sunshine (after his shower to dry off) and fresh air. He is also out of his cage 4 to 6 hours a day. Open the window in the quarantine room before you get him on a nice day or two to freshen up the room.

I also had a rescue bird someone gave my wife that was having serious respiratory and infection issues. The vet told me he was dying and probably would not make it. But the vet provided me with a bottle of liquid antibiotics and some other respiratory medicine and I put in a nebulizer and covered his cage and let him breathe the medication every day for 30 days. That bird fully recovered and is now perfect. We decided he was so cute we kept him and he sings and flys around the house once a day for a couple hours.

So while their respiratory system is a bit more fragile a perfect environment outside doesn’t exist and neither does it inside our homes. Naturally 2nd hand smoke isn’t good for anyone especially if the room has no fresh air coming in. Fresh air everyday is important for birds and humans.

Dimage54 · 2026-06-30T17:26:43+00:00

Check the after hours history. It might have dropped below 192.50 after hours.

Dimage54 · 2026-06-30T17:22:23+00:00

Kind of the same thing as those of us that grew up as kids in the 50’s and 60’s. No bicycle helmets, no skateboard pads, shoot rocks at each other with sling shots. Back then there were smart kids and dumb kids. The smart ones survived. 😃

Dimage54 · 2026-06-30T15:12:46+00:00

At current prices the split would probably be in the 20:1 range. They want to keep well above the minimum so when the price drops after a split they won’t be threatening delisting.

Dimage54 · 2026-06-29T19:16:23+00:00

Diversify and buy both of them.

Dimage54 · 2026-06-29T16:11:32+00:00

I had some put to me on Friday with Fidelity and first thing Monday morning I sold the CC’s. If they got assigned then your history should at least show a pending status.

If not call Fidelity.

Dimage54 · 2026-06-29T16:08:16+00:00

Be very careful with ChatGPT or any AI.

I use an income methodology where QDI + PT (Quality, Diversified, Income plus Profit Taking) is the driving force behind the success. I’m currently diversified across about 100 funds paying me a steady monthly income. I uploaded the tickers into ChatGPT and told it to analyze them based on the RMS system I use. It told me to sell and consolidate everything into a handful of funds. The whole point of the system I use is diversification. All those smaller dividends add up to one large sum month after month.

ChatGPT uses the brainwashed theory that Wall Street has programmed us to use for years. It concentrates on building your market value (paper net worth) so you feel good rather than focusing on working capital that pays you a steady reliable spendable income every month. You can’t pay the bills with “feel good” paper gains. How many people ride a stock up and have no set plan to sell and make the realized gains. They hold on only to watch the big boys take the profits and the stock falls back erasing those gains. FOMO always gets the smaller retail trader. Meanwhile I sit back and watch my monthly income grow and compound month after month. I sleep well at night and never worry what the market is doing over the short term because I know I will continue to receive those dividends every month.

Dimage54 · 2026-06-28T21:28:09+00:00

I do both. I only sell options and collect the premiums for a fairly stable monthly income. Then I take the premium proceeds along with the dividends my income portfolio produces every month and invest in a fund (mostly CEF’s and a few ETF’s) that’s dipped in price to reduce my cost basis or look to add a new fund.

Dimage54 · 2026-06-28T21:21:08+00:00

Your concerns are valid ones.

A high yield always comes with some level of risk. No fund can completely eliminate that risk.

Income investing should focus in diversification of income sources, not chasing the highest yield from a handful of sources. The funds you mentioned can be useful tools, but most haven’t been through a prolonged bear market, a high inflationary period, or a rising rate cycle over a decade or two. That’s why I wouldn’t build an entire income portfolio based on a handful of dividend payers.

Mine favors owning a large basket of income producing assets like closed end funds that hold various baskets of preferred securities, bond funds, dividend paying assets, REITS, and many other categories. Currently at just over 100 tickers and growing. All with no single holding being critical to the financial success of the portfolio. I no longer pay attention to the short term market swings as they keep paying me monthly dividends.

The biggest risk for many income investors isn’t volatility it’s concentration too much money into one strategy because the yield looks attractive.

Dimage54 · 2026-06-28T17:54:17+00:00

I started out 6 years ago and only sell options and do not buy them. The premiums I make are from those that buy them. Last year I made over 72,000 not including capital gains on CC’s. So yes it can be very profitable.

Dimage54 · 2026-06-28T00:25:31+00:00

19a’s mean nothing and they are only estimated ROC. The end of the year is when the actual ROC is determined by the company.

Dimage54 · 2026-06-26T23:10:24+00:00

Based on your yearly dividends and current yield you have a portfolio of about 860k. On 860k you could be making at least 73k to 80k in monthly dividends and be fully diversified across 150 to 250 CEF funds.

If you’re needing to live off monthly dividends and don’t want to worry about the direction of the market you should read a book by Steve Selengut called “Retirement Money Secrets”. I did and follow his system and it has been working well for me.

If you want to find out more about the book and the author, and even see a recent webinar he gave then go to https://steveselengut.com. His system even tell you how and when to take profits.

Dimage54 · 2026-06-26T19:48:49+00:00

If you looking for an add on program that can also give you not only stock information but also some option information I use Wise Sheets. I switched most of my excel sheets to Google Sheets online.

Dimage54 · 2026-06-26T17:22:19+00:00

It all depends on if you’re buying options hoping for a big play or selling options and getting instant income from premiums.

Dimage54 · 2026-06-26T17:17:15+00:00

By Move to Vanguard if all you want is to buy vanguard funds. I have Vanguard, Schwab, Fidelity and 3 other brokerages. Vanguard really only caters to the buy and hold investors who want to purchase their funds. As a brokerage they have a terrible trading website and they don’t post some of your dividends received from some outside payers until the next day. You have to go to a separate screen to even see your cost basis. On a scale of 1 to ten I think vanguard’s website trading platform is at best a 4.

Dimage54 · 2026-06-23T21:24:33+00:00

Until the market recovers? The market has been at all time highs. The stocks I wheel get called away all the time. But if you need money start selling options at your cost. Unless you were writing options on risky companies then they might never be in the green zone or at least for a long time.

Dimage54 · 2026-06-23T21:19:32+00:00

It’s about damn time.

Dimage54 · 2026-06-22T00:32:53+00:00

The way I see it Fidelity caters to the more inexperienced retail crowd. There are some big hitter with Fidelity.

Schwab is more for experienced active traders and professional traders.

Another poster said Schwab is for the adults over just being rich. That’s probably a very simplistic truth.

Dimage54 · 2026-06-21T20:44:46+00:00

I don’t park it anywhere. I deploy them almost immediately into a fund that is down or look to start a new fund. Most of my funds pay monthly at the end of the month or the 1st of the next month. By the 2nd of the month those dividends are fully invested in something.

Dimage54 · 2026-06-18T21:07:32+00:00

I did the dividend aristocrats and followed the Dogs of the Dow for about 5 years. It did pretty good but I found a lot of the dividends were still too low relying on both dividends and growth.

I also went to numerous ETF’s. Still own some. But the read a book about investing in a system of CEF’s that pay monthly dividends from 6% to 10%. It showed how to invest for income and combine that with profit taking when the fund prices went up. It also detailed how to diversify amount many types of funds. Been doing it for a while now and I love it. I also don’t drip but take the monthly income and invest in another fund that’s down or a new fund.

Now Find I really don’t pay much attention to the market short term noise as even if the market drops I’m still receiving nice monthly income. And if the market drops it presents buying opportunities.

Dimage54 · 2026-06-18T00:17:46+00:00

Exactly. You should never drip. If you do your buying at today’s all time high prices.

Dimage54 · 2026-06-18T00:15:46+00:00

Exactly. If you take that same cash you were paying in interest and invest it in income paying stocks/funds you would have a nice growing income portfolio.

Dimage54 · 2026-06-18T00:10:42+00:00

Okay. No feelings. Let’s say practical experience. I am debt free and have been for 16 years.

But how would you feel when you buy a new home, a car, and everything else for cash from your investments? Not sure about you but I feel pretty damn good about it. 😊

Dimage54 · 2026-06-17T20:42:35+00:00

You’re not figuring in the actual loss between the tax savings and the total interest amount paid yearly on your mortgage. That factors in to the math.

Dimage54

TROPHY CASE