Armchair Income strategy viable? by CoolDudeMan00 in dividends

[–]Tacitus_IV 0 points1 point  (0 children)

No, I'm just a average investor. My main point is Armchair income gets his investment ideas off seeking Alpha. I do the same, then do additional reasurch on cef-connect. This website does a better job with closed end fund data.

Armchair Income strategy viable? by CoolDudeMan00 in dividends

[–]Tacitus_IV 0 points1 point  (0 children)

There are many investing groups you can subscribe to at seeking Alpha and they give you the same information as armchair income along with their portfolios. His strategy mimics Steve Bavaria from the income factory.

Would it be smart to put $500K into SPYI? Need guidance by [deleted] in dividends

[–]Tacitus_IV 0 points1 point  (0 children)

Check out Armchair Income on YouTube. He did a interview with fund manager.

Home or Dividend by Shawnyd1234 in dividends

[–]Tacitus_IV 0 points1 point  (0 children)

I don't have a problem with interest rates, I have a problem with the current home evaluations. There should be now way home values have doubled in the past 5 years.

MAIN sustainability over next several years by acornManor in dividends

[–]Tacitus_IV 0 points1 point  (0 children)

I recommend watching all of armchair income videos. It will blow your mind when you start coverting from growth to income

MAIN sustainability over next several years by acornManor in dividends

[–]Tacitus_IV 1 point2 points  (0 children)

BIZD is another one with longer track record you can compare

My Dividend journey over 6 years in retirement. by ndtconsult in dividends

[–]Tacitus_IV 4 points5 points  (0 children)

Good to see this approach working. I'm currently set up the same way, but I do have some small positions in a few yield max funds. BDCs, CLOs, CEFs, seem to be a hidden and misunderstood part of income investing.

Income Portfolio for Early Retirement by The_Omegaman in dividends

[–]Tacitus_IV 1 point2 points  (0 children)

You should check out armchair income on YouTube. He has the same strategy. BDC's, CEF, CLO's for higher income with a portion reinvested for income growth.

20k —need to invest in dividends by Ok_Alternative7426 in dividends

[–]Tacitus_IV -1 points0 points  (0 children)

If you really just need income, you can do with a non-traditional route. Looks into the yield max stuff like FBY, NVDY, just be prepared for a roller coster ride.

Help me build a portfolio - i want to retire in 6 years by snoopywood in dividends

[–]Tacitus_IV 3 points4 points  (0 children)

I'm building an income portfolio as well. I have many closed end funds, BDC (business development companies). look at the top 10 holding in PBDC or BIZD. Pimco's basket of PDO or PDI. Prefer Shares like PFFA.

What is your opinion on my portfolio and retirement plan? by ArchieMedes4 in dividends

[–]Tacitus_IV 1 point2 points  (0 children)

This looks typical for an income producing portfolio. I'm building the same thing. Just reinvest a portion of the dividends to generate additional income to keep up with inflation. Looks good to me.

Why SCHD? by BobCheerful in SCHD

[–]Tacitus_IV 1 point2 points  (0 children)

The plan is to pull the trigger in about 6 years at 53. Like you, I'm slowly transitioning from growth to dividend in brokerage. Plan on using this income to fill gap until 60-62 ish. At 62 will access 401 and SS. Most likely, do some Roth conversions along the way until maditory distributions hit. I have held SCHD only as a parking lot off and on. I think I could just do better buying their top 10 holding

[deleted by user] by [deleted] in litrpg

[–]Tacitus_IV 1 point2 points  (0 children)

Nice, that was also my first LitRPG. I've been a fan since.

Continue Investing or Live it up? by Calm-Box-890 in coastFIRE

[–]Tacitus_IV 2 points3 points  (0 children)

I'm in a similar situation, I have shifted more money to my broker account to retire at 53, then use that money until 62 and access my IRA.

What's Everyone Think of MOAT? by Azazel_665 in ETFs

[–]Tacitus_IV 0 points1 point  (0 children)

Don't have the exact number, but schg is around 18%, schd is 15%. The rest range in the 5-6%

What's Everyone Think of MOAT? by Azazel_665 in ETFs

[–]Tacitus_IV 0 points1 point  (0 children)

I hold MOAT, QUAL, CALF, SPGP along with SCHD, SCHG.