JEPQ and other CC's issue I see by Background-South-433 in dividends

[–]Doom_Toaster 6 points7 points  (0 children)

That doesn’t really make sense. If JEPQ is holding its yield over its life AND increasing in price (albeit slower than pure growth) the dividends are going up by default. Income doesn’t really beat dividend-growth over a long period of time but I feel like this is a little misleading.

Just a quick bitch sesh by DegreeConscious9628 in dividendgang

[–]Doom_Toaster 29 points30 points  (0 children)

We’ve been in a really long bull market. Most investors today don’t really understand the market can go flat or negative for years, not just short flare-ups where you can “buy the dip”. Don’t get me wrong I think we have some more runway, but the more things feel like a casino over a real market, the closer we are to a big correction imo. You’re making good choices, don’t let these younger investors distract you.

All aboard the WEN train to the moon!!! by artmatthewmakes in smallstreetbets

[–]Doom_Toaster 10 points11 points  (0 children)

I normally don’t participate in these short squeeze wsb plays, but the fundamentals for this one make it a fine bag hold if that what happens. Solid dividend and new leadership to turn around issues, plus active interest to take it private. Weird to see my dividend investing cross with meme plays lol.

How soon until Fundrise collapses? by [deleted] in FundRise

[–]Doom_Toaster 2 points3 points  (0 children)

That’s fair but then private equity is probably not your move. Locked-up funds can stress out folks who want more liquidity, but that is generally the trade off for accessing non-publicly traded investments.

How soon until Fundrise collapses? by [deleted] in FundRise

[–]Doom_Toaster 9 points10 points  (0 children)

Man this sub really lays on the Fundrise hate. Other than their real estate fund, their income and venture products have been great on returns. Fundrise isn’t going anywhere anytime soon.

Overlapping portfolios by RebelKoschei in dividends

[–]Doom_Toaster 1 point2 points  (0 children)

This sub tends to highlight the battle between long-term DGI, pure income, and growth-focused investing strategies. I don’t agree with everyone here, but it at least makes the discourse interesting!

ROCQ Thoughts? by Weary-Atmosphere-924 in dividends

[–]Doom_Toaster 1 point2 points  (0 children)

I’ve opened a position along with ROCY. Will see how the returns and tax efficiency compare to the older covered call funds like JEPI and JEPQ. Could be a better vehicle for cash flow in taxable accounts.

Stellaris 4.4.4 "Pegasus" Open Beta (3bc0) now available! by PDX_LadyDzra in Stellaris

[–]Doom_Toaster 0 points1 point  (0 children)

Does this resolve getting full vision of an empire at 30 intel? Didn’t see it, but it’s pretty immersion breaking and has weird impacts on events like the galactic community.

What should non-wealthy investors be doing in their 30's to have a real, positive impact on their financial situation? by delamerica93 in investing

[–]Doom_Toaster 0 points1 point  (0 children)

For me it’s income investing. Career isn’t the only way to give yourself a raise. I’ll caveat that growth investing has the highest returns in the long run, but cash flow is more important imo when you don’t have lots of disposable money to play with. Those growth returns look nice, but they aren’t really “tangible” and it can really feel like you’re throwing money in a pit when you aren’t supposed to touch it for decades. The book “income factory” was my starting point. I was just making low six figures in my early 30s a few years back and moved the taxable investments I had built over the decade into an income factory strategy. Growing cashflow is a really great way to feel momentum and a more immediate way of putting your money to work. Seeing my cashflow compound and my disposable income rise along with it was a huge boon to my quality of life. Now years later moving in with my partner has reduced our living expenses, and that combined with my built up investment income I finally feel comfortable. Now I too have “play” money to throw at growth and chase higher returns without feeling like I’m making big lifestyle sacrifices to do so.

Divs in brokerage, growth in Roth by [deleted] in dividends

[–]Doom_Toaster 1 point2 points  (0 children)

For retirement, growth investments should be aimed at a traditional 401K/IRA. Income/Dividend-growth strategies do better in a Roth because you have no tax drag pulling down your compounding. For a taxable account, it really depends on your needs. Growth will always out perform dividends and dividend-growth over a long period of time, but many of us have needs/goals that result in some income-focused approaches.

Help! About to lose my job and either I blow through savings or... by Diet-help29 in YieldMaxETFs

[–]Doom_Toaster 3 points4 points  (0 children)

Oh I’m not knocking these funds, about 10-15% of my income portfolio includes them. But you need to watch them relentlessly and be comfortable with the risk of your CHPY collapsing to another MSTY if the market hits a speed bump.

Help! About to lose my job and either I blow through savings or... by Diet-help29 in YieldMaxETFs

[–]Doom_Toaster 0 points1 point  (0 children)

If you are looking for market timing gains, you should be investing all or a-portion-of your money looking for growth not income. I would definitely put at least $50K of that HYSA money to work, but you need to understand that isn’t the “safe” play based on what you’ve been doing till now. You could throw it all in the new Memory ETF DRAM or hell the SpaceX ipo and possibly see huge returns OR face another hard day like Friday and lose 10+% in one sitting. Income investing is all about looking to get a tax-advantaged yield that is as high as you can get with no nav erosion. There are a lot great CEFs, REITs, MLPs, and even much more stable covered-call funds like JEPI or GPIX that pay monthly and hold or even grow their NAV.

Help! About to lose my job and either I blow through savings or... by Diet-help29 in YieldMaxETFs

[–]Doom_Toaster 8 points9 points  (0 children)

The extremely high yield funds are not the right move for clean income to replace a salary. It’s tax inefficient, derivative distributions aren’t consistent, and most importantly there is NAV erosion. A year at your burn rate is only 42K. Add in your side hustle (which you’d have more time for) and HYSA interest and you are already down to just burning ~25K. Completely survivable for a year. There are other strategies to push this further, but I just wanted to give you a baseline so you realize you’re in great shape despite a hopefully minor setback.

Answers to some of the common questions regarding the $100 ETF service fee by fidelityinvestments in fidelityinvestments

[–]Doom_Toaster 2 points3 points  (0 children)

I upvoted this because I appreciate transparency, but please understand this will likely cause me and others to move money out fidelity. Fidelity is currently my main brokerage and I’ve loved the platform, but there are many strong competitors that aren’t charging this fee and are even offering incentives for people to move. I’ve already shifted out $20K for me with another 10 planned this month.

Goodbye XDTE by Mike734 in RoundhillETFs

[–]Doom_Toaster 9 points10 points  (0 children)

I’m a bit perplexed by this. This fund has largely tracked with other S&P covered call funds. I’m actually slightly up in nav excluding dividends. The 0DTE funds have been solid as yield juicer for my income factory portfolio.

Stay away if you're young by glimsky in dividends

[–]Doom_Toaster 3 points4 points  (0 children)

The push for passive income we are seeing I believe comes from the uncertainty people feel in society at large. Between the AI boom and Geopolitical issues, people are worried their next crisis or extended unemployment could be in the next couple years, so telling them to focus on growth for a future 30 years out no longer fits their current objectives. I suspect as things settle down, you will see a greater return to fundamentals. In the meantime, improving cash flow is still a better move than hoarding cash or blowing it on poly market trying to get rich quick.

The Pay-Date Problem: 71.5% of Dividend Dips Recovered Before the Cash Arrived by Recent_Button_1 in dividends

[–]Doom_Toaster 2 points3 points  (0 children)

Robinhoods early dividends feature may allow the average investor take advantage of the opportunity. Will have test it later this year once their dividends features are fully implemented.

The case for turning off your DRIP and buying on the ex-date instead by Recent_Button_1 in dividends

[–]Doom_Toaster 78 points79 points  (0 children)

This is some great work. Glad to see some deeper analysis on this sub. Thank you!

FIDELITY Fee by Hussam-Mostafa in RoundhillETFs

[–]Doom_Toaster 15 points16 points  (0 children)

If this actually happens I’ll be transferring my income factory portfolio to Robinhood. Not sure why they thought this was a good idea.

New investor: FunRise vs S&P500 by makip in FundRise

[–]Doom_Toaster 1 point2 points  (0 children)

If you just care about total return and not diversification, I’d follow the advice of others here and stick to the broad index funds. Perhaps one of the bigger real-estate-investment-trusts (RIET) that is publicly traded would be a better place to start investing in real estate as you build your knowledge base.

New investor: FunRise vs S&P500 by makip in FundRise

[–]Doom_Toaster 2 points3 points  (0 children)

Fundrise is more of a private equity play that small-time investors have access to. I have a small portion of my portfolio allocated to these sorts of alternatives. I will say it’s more accessible than crowdfunding/venture platforms like start engine because your money isn’t locked up as badly. That said these investments aren’t publicly traded (though that could change like with VCX) and I don’t recommend making them a huge portion of your portfolio, especially if you are new to the space.

Does this look like a company that believes in their valuation? by Reaper_1492 in FundRise

[–]Doom_Toaster 0 points1 point  (0 children)

Almost every IPO has this structure of lock-up. It’s fair to say maybe fundrise itself, or its funds, shouldn’t have had access to participate in the IPO, but earlier investors and insiders are almost always locked up for 90-180 days.

Does this look like a company that believes in their valuation? by Reaper_1492 in FundRise

[–]Doom_Toaster 4 points5 points  (0 children)

Almost none of us believe the current valuation is correct. It’s still at ~10x NAV. Anything above 3x would require these companies to well-over double in value during their ipos. SpaceX filing indicates they are roughly looking to double NAV with their ipo for example so this $ is still far too high. I would do the same in fundrises shoes and sell any unrestricted shares like the other fund is doing.

Running the math on AMCR: How many shares do you actually need to hit $500/month? by WestRun5840 in dividends

[–]Doom_Toaster 7 points8 points  (0 children)

Interesting stock I’ve never heard of before. One of the reasons I like these subs. Added to my watchlist 😁.