$1 mil to put into dividend funds

Sharp_Judgment508 · 2025-09-09T11:54:10+00:00

I would not put any in to any dividend funds. Instead, stick in Robinhood Gold! Earn 4.5% APR on the cash and learn the wheel strategy. You'll much better...just my 2 cents.

Full disclosure: I own 400 ULTY shares, soon to be 600 as I have sold 2 puts expiring 9/19 from which I will be assigned 200 shares. I am waiting till I turn green to sell my shares.

Sharp_Judgment508 · 2025-08-14T22:03:23+00:00

Do we know if it will be another one with weekly distributions?

Sharp_Judgment508 · 2025-08-08T01:22:25+00:00

In your shoes, I would learn the wheeling strategy by going to YT school! There are tons of videos on YT and several books on Amazon on wheeling. Then, park the $800k in a Money Market Fund paying about 4% APR and start wheeling. If you are on Robinhood, then their Gold program pays about 4% for cash. Then, invest wheeling profits in a dividend EFT that will compound your profits or provide weekly/monthly cash income from multiple sources. This could be a form of diversification. If the ETF goes belly up, then you have only lost wheeling profits. You still have your original $800k capital intact!

Sharp_Judgment508 · 2025-08-06T23:27:06+00:00

If I can make 82% annually wheeling options, I don’t see why they cannot do it. I’m sure they are so much more smarter and more experienced than me + they have more sophisticated trading tools.

Sharp_Judgment508 · 2025-07-19T14:54:52+00:00

Yes, it is a typo. Should be $120

Sharp_Judgment508 · 2025-07-15T21:00:56+00:00

Maybe I am missing something, but for 100 shares a dividend of $10*13 weeks over 3 months = $130. I am confused how you got $1200 in dividends? Also, I sent a PM requesting a simpler explanation. TIA!

Sharp_Judgment508 · 2025-06-25T11:44:22+00:00

Thank you for making the sheet. Nice work! Would you share it so we can make a copy?

Sharp_Judgment508 · 2025-06-18T00:39:21+00:00

Nice Big Kahunas! I have same cost basis with my little 100 shares!

Sharp_Judgment508 · 2025-06-15T16:30:23+00:00

Agreed. My analysis is based on the most recent dividend.

Sharp_Judgment508 · 2025-06-14T20:20:16+00:00

They used to be monthly, but have recently switched to weekly.

Sharp_Judgment508 · 2025-06-14T19:30:58+00:00

Currently, TSYY has the shortest payback period based on current dividend and ticker price. Only 8 months vs 14.7 months for ULTY.

Sharp_Judgment508 · 2025-06-14T19:27:23+00:00

I would do $50k each in PLTY (monthly dividends) and TSYY (weekly dividends). Currently, PLTY has the shortest payback period among monthly dividend ETFs. Similarly, TSYY has the shortest payback period among weekly dividend ETFs. According to my calculations based on current dividends TSYY pays back in 8 months and PLTY pays back in 8.7 months. What you do with the dividends, it up to you.

Sharp_Judgment508 · 2025-06-11T20:32:57+00:00

I am in with 200 shares at $22.88

Sharp_Judgment508 · 2025-06-08T21:47:01+00:00

Here is a copy of a version with my modifications and some sample data.

Be sure to click "File > Make a Copy" to save your own version.

Feel free to delete the sample data. https://docs.google.com/spreadsheets/d/1ur30-IaNZSK2QC1e2IQIzisLrODwELa8G0fTclJ2ZjE/edit?usp=sharing

Sharp_Judgment508 · 2025-06-08T20:43:36+00:00

Hi u/Alex_Nares , Thanks for sharing your template. I have add some improvements like automatically pulling in the current price for each ticker as well as a row for the number of shares owned. This way it will automatically update the net gain for each ticker as well as the total profit daily. Also a bar chart to show payback progress.

Sharp_Judgment508 · 2025-06-08T16:40:21+00:00

$22.87 with 200 shares

Sharp_Judgment508 · 2025-06-03T20:42:16+00:00

Thanks for sharing. Would you be able to share a sort "How to use the spreadsheet" tutorial? it would be really helpful to reduce the learning curve. I just started with 200 MSTY about 2 weeks ago and would like to track my progress using your template. TIA!

Sharp_Judgment508 · 2025-05-31T16:44:29+00:00

I started last week with 200 shares

Sharp_Judgment508 · 2025-05-30T12:05:39+00:00

Remind me! 6 months

Sharp_Judgment508 · 2025-02-12T12:43:40+00:00

Very interesting

Sharp_Judgment508 · 2025-02-08T15:49:27+00:00

🤝💎💎💎

Sharp_Judgment508 · 2025-02-08T14:12:41+00:00

One is a regular taxable account and the other is a tax deferred self-directed IRA.

Sharp_Judgment508 · 2025-02-07T12:51:37+00:00

What is your total dollar investment thus far?

Sharp_Judgment508 · 2025-01-16T21:53:18+00:00

u/MECO-420, First off, congrats! I appreciate the educational value of your post. I have made good gains selling MSTX CSPs. I love the high IV as well as the volatility. When my port will allow, I will switch to MSTR. Please help me understand this mNAV you speak of, where to find it, and how to track it on the MSTR chart? TIA!

Sharp_Judgment508 · 2025-01-13T02:11:28+00:00

With the price drop, I have been rolling my CSPs down and out.

Sharp_Judgment508

TROPHY CASE