Great video again! I'm celebrating a $600K Dividend portfolio today. I went all in with about $150,000. Have invested much time and money into this. I am also with the right Investment Advisor, who handles my portfolio and executes my trades. Now I have steady dividend income and time for my family as well❤✅
Amazing! I have Liquid $150K to put into stocks, but I want to ensure good profits & safety. With tons of Advisors now, how did you find the right Investment Advisory?
WOOW !! Essmildaa Morgan is finally getting the popularity she deserves and this docent come as a surprise. my favorite stocks She invest in are Amazon,Walmart, TELSA and currently, Crowdstrike.
Love it! Selling options in your account >> transferring the premiums to your joint account >>> buying high yield dividend payers for more passive income. Genius. Love it, love it, love it!!!
Really appreciate the work you put in! Always look forward to the next video. I dream of early retirement, and I love the examples of how it can be a reality!
I just moved from Webull to RH to take advantage of margin @ 6.75% and realized how bad the fills were in comparison. The amount of slippage isn't really worth the lower interest rate.
For a taxable account, the spreadsheet will need to be revised because this would be non-qualified dividends. If you wanted to set aside XYZ amount of money and set and forget and let it grow, then you'll need to deduct the tax from the dividends received and manually DRIP the remainder, thus slowing down your progress unless you're willing to pay taxes out of pocket your other income sources to let it DRIP automatically each week. Also, for completeness, you need to factor in the expense ratio, which is quite high.
Yeah totally agree with you there. This is just purely a fun hypothetical video though. I don’t think anyone would actually allocate that much money to one single fun and drip it every week for 10 years. For me on all dividends I just pay the tax bill out of my 9-5 income. Expense ratio would t have to be factored though right? Isn’t that already taken out of the dividends?
@@dividendexecutive more stable and less volatility on the SP so better at selling winning options probably. Also, 6 months is a very short time on the market, so one’s got to figure some buffer in a retirement planning on one fund
Just the weekly payout multiplied but the numbers of shares you have. Then the payout divided by the share cost will give you how much you can buy on drip etc.
If you wait to reinvest on the ex day then you won’t have the right to receive the upcoming dividend which means you miss out on the compounding of the drip for the next drip. Waiting for the dividend dip to re-invest vs taking the dividend and the price dipping is exactly the same thing. The price only dips the amount of the dividend (in theory). Is there an advantage to your strategy that I’m missing?
@@MrWeasel949 the only 1 you're missing is the 1st week. After that you're still taking full advantage of the weekly payments only amplified by buying in on a predicted drop. The frequency of getting to buy on drops far outweighs the 1 time drip slight deferral. You're still buying weekly
@@MrWeasel949 the thing that you're missing is that the drop from the dividend payment recovers fairly quickly with these funds due to the daily income from the options. So by Monday when the drip happens you're already paying a higher price, if you wait 2 more days the price dips due to that cash being taken out. Thus consistently being able to buy more shares for the same money than you'd be able to get on Monday. Yeah you'd miss the 1st week hike in your next dividend, but from then on it will grow faster each week than it would have just letting it do it's thing
Can you make a video on the joint account process ? I’ve been looking for reviews and this is only the second video I seen mention it … good content to be made on it … and all in on round hill 🙏🏽
Yeah forsure. Still figuring it out but so far it was pretty seamless to setup if you partner has a robinhood already setup. Took my wife and I about 2 minutes to complete the setup
This video is amazing. I’ve watched it three times and even shared it with my family. Thank you for this content. How did you create your spreadsheet? I’d love to be able to calculate some different scenarios.
This is an awesome video. Im still trying to figure out margin. Would you say in a nutshell dont use more marging than the amount of actual cash you have invested?
Thanks! Yeah that’s a good rule of thumb. For this account I have 22k cash in it and use less than half. I may scale up later but it’s a good rule of thumb not to use 25-50% at a max
when you do a 10 year plan as above. how do you calculate what the underlying would be worth? on paper it looks great but what if in 10 years its 4$ a share or less for example due to the high payout? please advise.
Yeah nav erosion is definitely a factor! The ideal scenario is to get enough shares to where you turn drop off. Then you sit back and let the dividend pay you your initial investment back so the risk is off the table. If you didn’t do it that was you could account for share loss at a certain percentage per year.
@dividendexecutive on average 1k shares would cost 42k today while generating 16k a year. How would you manage that type of position to take off principle? At what point would you take out the principle?
The fund is still too new for that kind of investment from me. I’ll throw some money at it and let it drip to see how it goes, but it still can’t out perform what I make trading options in my main brokerage
I just wanna mention something. What most failed to come to realize as your drip happens it’s also giving you available capital in your margin account of half of whatever that value is so if you make $2000 in drip 1000 of that is going to be available to withdraw, if you needed money, you own the shares, but with margin, they allow you to collateralize them and use it for spending so you never actually need to sell anything or turn it off
Yeah that’s a very good point to make. As the balance grows your margin does as well ie if you get to 100k balance Robinhood will allow you to use 100k of their money. Nice catch
@@dividendexecutive so when your making 10k in drip 5k a week will be available to spend if you enable margin spending in RH. All that does is collateralize the 10k in shares the market gave you . And then next week that 10k drip will give more which gives more margin spending.. so your spending goes up as well. The only time you need to worry is in a severe drop which would suck out the available cash or if they up their margin requirements. But until then it’s all gravy.
So heres a question Why not use margin at 6.75% put the money in like jepq which pays 9.19% at the time of writing this and profit the difference or let it pay off the margin slowly?
Just invest in growth funds from cash secured puts and covered calls over the course of 10 years. I’d rather have $20,000-$25,000 a week without a tax drag compared to just $10,000 a week. Grow, grow, grow the snowball! Keep up with TQQQ, SOXL, TNA, etc and then swap to dividends. You want a feast of capital not hamburger helper. I know this account is just for your dividend fund but I feel like you’re giving up quite a bit on the table. Yes, you have your main fund but just keep scaling that up first then rotate!! I still enjoy watching :)
I totally agree but like you said I’m already doing that. I make 10-20k a month in my main account and cycle less than 10% of that into this account. I am heavy growth - then I rotate a small portion to set it and forget it money.
It always sounds crazy, then when you think about it you realize it's right lol. Also a quick question, if enough people are holding the funds and then reinvest, at a certain point are there not enough shares and then price increases until there are sell orders? Or is my reasoning incorrect. Anyways nice vid, thanks
Right? Crazy to see that kinda of drip. I think if you got to that level you would have issues filling order tbh. Over time they will release more shares but for every seller there is always a buy and vice versa.
If the price keeps increasing that means we are making money so why do we sell it? Qdte is the only fund that pays very high dividends while keeping the nav. As we can see from the recent 12% correction, qdte is recovering almost the same as qqq. My strategy is 30%qdte, 70% cash on hand ,when market tank like 20/30% , I will all in qqq, when qqq fully recovered,I will sell and use those profits buy more qdte to increase or maintain the nav.
I’m not planing on selling my shares anytime soon! I like your strategy and interested to hear how it plays out! The nice part about the 0DTe calls is they have exposure to those over night moves which differentiates it from other covered call funds. How many shares do you have of qdte?
@@dividendexecutive I have 750 share of qdte, I also bought 10000$ on qqq after the 12% correction, when it fully recovered and I will sell it and use the profit buy more qdte.
Think that taxes are based on your net income (profit)...ergo, higher tax bill means you obviously made more money. I make $100 and taxman takes $20, you make $200 and taxman takes $50. Who has more money to spend on women and booze?
I’m with you there but hard thing to follow when you are making live UA-cam videos. I’d the limit doesn’t fill in a few seconds it kinda borks the momentum of the video ya know?
Why don’t you just have joint accounts for everything? I never understood the concept of keeping your money separate when you’re married, and I’ve been married for 31 years. All our accounts are joint.
For me it’s just purely based off being easier for me to separate the strategies. I like to physically not mix a dividend portfolio from an options portfolio. I do the same for long positions for my retirement. I just like to section them all out. Also makes it much easier to track for UA-cam
@@dividendexecutive Thanks, but I meant why not just have all your brokerage accounts be joint accounts with your wife? You can still do everything you just mentioned, but at least all your accounts are in both of your names so it's much easier to move money around.
It’s not a bad house no doubt but just an expensive time to be alive I guess. I don’t need 20k a month now but in a 10 year timespan with inflation that’s estimation for a family of 4/5. Thanks for tuning in! Appreciate the support
Great video again! I'm celebrating a $600K Dividend portfolio today. I went all in with about $150,000. Have invested much time and money into this. I am also with the right Investment Advisor, who handles my portfolio and executes my trades. Now I have steady dividend income and time for my family as well❤✅
Amazing! I have Liquid $150K to put into stocks, but I want to ensure good profits & safety. With tons of Advisors now, how did you find the right Investment Advisory?
Essmildaa Morgan is the name, she is well known, just look her up.
WOOW !! Essmildaa Morgan is finally getting the popularity she deserves and this docent come as a surprise. my favorite stocks She invest in are Amazon,Walmart, TELSA and currently, Crowdstrike.
Holy smokes congratulations. Investing can be complex so it's smart to get professional guidance when building your financial portfolio.
Did you not consider the downside risk? NAV erosion?
Love it! Selling options in your account >> transferring the premiums to your joint account >>> buying high yield dividend payers for more passive income. Genius. Love it, love it, love it!!!
Love that Robinhood enabled that! Seems like a good way to build wealth long term!!
Really appreciate the work you put in! Always look forward to the next video. I dream of early retirement, and I love the examples of how it can be a reality!
Thanks! You and me both. Just gotta keep stacking those shares and we will get there
This sounds so good, that i become suspicious...
Hopefully the payments are sustainable for the next 10
Years. If so I’ll be set for life
Yup I hope so as well! Can’t wait to see how this DRIP grows
That would be nice, I'd finally be early to something for a change.
Why didn’t you do XDTE?
Just think if he adds capital contributions.
You do market orders, big baller, I don't like RH takin my market orders and giving me the max ask per share
Hard to do limits on live UA-cam videos! I tried that at first and often didn’t get fills
Make them wait 🤣 keep that buy in low lmao
I just moved from Webull to RH to take advantage of margin @ 6.75% and realized how bad the fills were in comparison. The amount of slippage isn't really worth the lower interest rate.
@@24_Delta yep. Never do RH market orders
Market orders and drip, so much room to optimize
Where can I get a copy of this spreadsheet?
For a taxable account, the spreadsheet will need to be revised because this would be non-qualified dividends. If you wanted to set aside XYZ amount of money and set and forget and let it grow, then you'll need to deduct the tax from the dividends received and manually DRIP the remainder, thus slowing down your progress unless you're willing to pay taxes out of pocket your other income sources to let it DRIP automatically each week.
Also, for completeness, you need to factor in the expense ratio, which is quite high.
Yeah totally agree with you there. This is just purely a fun hypothetical video though. I don’t think anyone would actually allocate that much money to one single fun and drip it every week for 10 years.
For me on all dividends I just pay the tax bill out of my 9-5 income. Expense ratio would t have to be factored though right? Isn’t that already taken out of the dividends?
Thank you 👍
You need to factor in some NAV decay with time.
Totally agree, however - xdte basically hasn’t had any decay
@@dividendexecutive more stable and less volatility on the SP so better at selling winning options probably. Also, 6 months is a very short time on the market, so one’s got to figure some buffer in a retirement planning on one fund
Just paid off 44k of debt in two years. I can't wait to get started with this... How can I get in contact with you? I have some questions..
Killing it!! You’re on your way to financial success!
How did you calculate the DRIP and rolling lot for QDTE?
Just the weekly payout multiplied but the numbers of shares you have. Then the payout divided by the share cost will give you how much you can buy on drip etc.
@@dividendexecutive is it taking into consideration if I added say, $100 a week as a recurring investment into the equation?
No, don't drip! Save it and reinvest it on ex day. You'll capture that divy dip
I mean I hear ya but it takes a lot more time to manage
@@dividendexecutive not really, just set a price alert 🤷♀️
If you wait to reinvest on the ex day then you won’t have the right to receive the upcoming dividend which means you miss out on the compounding of the drip for the next drip.
Waiting for the dividend dip to re-invest vs taking the dividend and the price dipping is exactly the same thing. The price only dips the amount of the dividend (in theory).
Is there an advantage to your strategy that I’m missing?
@@MrWeasel949 the only 1 you're missing is the 1st week. After that you're still taking full advantage of the weekly payments only amplified by buying in on a predicted drop. The frequency of getting to buy on drops far outweighs the 1 time drip slight deferral. You're still buying weekly
@@MrWeasel949 the thing that you're missing is that the drop from the dividend payment recovers fairly quickly with these funds due to the daily income from the options. So by Monday when the drip happens you're already paying a higher price, if you wait 2 more days the price dips due to that cash being taken out. Thus consistently being able to buy more shares for the same money than you'd be able to get on Monday. Yeah you'd miss the 1st week hike in your next dividend, but from then on it will grow faster each week than it would have just letting it do it's thing
A very important question, qdte inception date was back in march 2024 but it didnt start to pay dividend until June. Do u have any idea why?
Can you make a video on the joint account process ? I’ve been looking for reviews and this is only the second video I seen mention it … good content to be made on it … and all in on round hill 🙏🏽
Yeah forsure. Still figuring it out but so far it was pretty seamless to setup if you partner has a robinhood already setup. Took my wife and I about 2 minutes to complete the setup
@@dividendexecutive nice … how long did the process take of combining ? And can you buy fractional shares? I seen it would let reoccurring yet
It did not combine anything. All it does is open up a join account together from scratch. From what I can see you can buy fractional shares
Can you toggle between the different accounts on the app? Or do you log in and out?@@dividendexecutive
This video is amazing. I’ve watched it three times and even shared it with my family. Thank you for this content. How did you create your spreadsheet? I’d love to be able to calculate some different scenarios.
This is an awesome video. Im still trying to figure out margin. Would you say in a nutshell dont use more marging than the amount of actual cash you have invested?
Thanks! Yeah that’s a good rule of thumb. For this account I have 22k cash in it and use less than half. I may scale up later but it’s a good rule of thumb not to use 25-50% at a max
Is drip allowed on QDTE on Robinhood?
Yup!
when you do a 10 year plan as above. how do you calculate what the underlying would be worth? on paper it looks great but what if in 10 years its 4$ a share or less for example due to the high payout? please advise.
Yeah nav erosion is definitely a factor! The ideal scenario is to get enough shares to where you turn drop off. Then you sit back and let the dividend pay you your initial investment back so the risk is off the table. If you didn’t do it that was you could account for share loss at a certain percentage per year.
@@dividendexecutive thank you. I like the idea of holding long enough to take principle out and riding with the rest on a drip.
@dividendexecutive on average 1k shares would cost 42k today while generating 16k a year. How would you manage that type of position to take off principle? At what point would you take out the principle?
@@dividendexecutive at what point would you take out the principle on 1k shares?
If the idea you present is good, then why wouldn't you put in 212k now? If it's not a good strategy why waste time telling us about it....
The fund is still too new for that kind of investment from me. I’ll throw some money at it and let it drip to see how it goes, but it still can’t out perform what I make trading options in my main brokerage
I just wanna mention something. What most failed to come to realize as your drip happens it’s also giving you available capital in your margin account of half of whatever that value is so if you make $2000 in drip 1000 of that is going to be available to withdraw, if you needed money, you own the shares, but with margin, they allow you to collateralize them and use it for spending so you never actually need to sell anything or turn it off
Yeah that’s a very good point to make. As the balance grows your margin does as well ie if you get to 100k balance Robinhood will allow you to use 100k of their money. Nice catch
@@dividendexecutive so when your making 10k in drip 5k a week will be available to spend if you enable margin spending in RH. All that does is collateralize the 10k in shares the market gave you . And then next week that 10k drip will give more which gives more margin spending.. so your spending goes up as well.
The only time you need to worry is in a severe drop which would suck out the available cash or if they up their margin requirements. But until then it’s all gravy.
So heres a question
Why not use margin at 6.75% put the money in like jepq which pays 9.19% at the time of writing this and profit the difference or let it pay off the margin slowly?
That’s exactly what I am doing but with QDTE XDTE & YMAX
Nice calculator 👍
These two are great option style dividend payers. RDTE coming out soon. These dividends bounce around so don't freak out.
As long as we stay at or above that .30 for qdte I’ll be stoked! When does rdte come out?
Great strategy! Would you be willing to email me a copy of the dividend calculator you used for QDTE? I'd like to track my own progress as well
Link should be in my bio
Just invest in growth funds from cash secured puts and covered calls over the course of 10 years. I’d rather have $20,000-$25,000 a week without a tax drag compared to just $10,000 a week. Grow, grow, grow the snowball! Keep up with TQQQ, SOXL, TNA, etc and then swap to dividends. You want a feast of capital not hamburger helper.
I know this account is just for your dividend fund but I feel like you’re giving up quite a bit on the table. Yes, you have your main fund but just keep scaling that up first then rotate!! I still enjoy watching :)
I totally agree but like you said I’m already doing that. I make 10-20k a month in my main account and cycle less than 10% of that into this account. I am heavy growth - then I rotate a small portion to set it and forget it money.
@@dividendexecutive I applaud your efforts to not be 100% ha. Always a pleasure watching the updates flow in!
Appreciate you watching and supporting the journey!
It always sounds crazy, then when you think about it you realize it's right lol. Also a quick question, if enough people are holding the funds and then reinvest, at a certain point are there not enough shares and then price increases until there are sell orders? Or is my reasoning incorrect. Anyways nice vid, thanks
Right? Crazy to see that kinda of drip. I think if you got to that level you would have issues filling order tbh. Over time they will release more shares but for every seller there is always a buy and vice versa.
If the price keeps increasing that means we are making money so why do we sell it? Qdte is the only fund that pays very high dividends while keeping the nav. As we can see from the recent 12% correction, qdte is recovering almost the same as qqq. My strategy is 30%qdte, 70% cash on hand ,when market tank like 20/30% , I will all in qqq, when qqq fully recovered,I will sell and use those profits buy more qdte to increase or maintain the nav.
I’m not planing on selling my shares anytime soon! I like your strategy and interested to hear how it plays out! The nice part about the 0DTe calls is they have exposure to those over night moves which differentiates it from other covered call funds. How many shares do you have of qdte?
@@dividendexecutive I have 750 share of qdte, I also bought 10000$ on qqq after the 12% correction, when it fully recovered and I will sell it and use the profit buy more qdte.
@@dividendexecutive I won't touch fund like qqqy because it always goes down even in bull market.
My head hurts just thinking how big of a headache that tax bill would be.
lol no kidding! Would be an expensive one no doubt!
I have the two funds in my Roth IRA account to take advantage of the taxes.
That’s why you move to a more tax friendly country & just live off 50% of the dividends as you reinvest some & pay any taxes with the rest ;)
Think that taxes are based on your net income (profit)...ergo, higher tax bill means you obviously made more money. I make $100 and taxman takes $20, you make $200 and taxman takes $50. Who has more money to spend on women and booze?
Would you be kind as to share this spreadsheet?
Link should be in my bio
@@dividendexecutive thank you!
Don't buy at market value. RH charges you 5%.
I’m with you there but hard thing to follow when you are making live UA-cam videos. I’d the limit doesn’t fill in a few seconds it kinda borks the momentum of the video ya know?
No guarantee this will be around in 10 years
100% possible! Still fun running the numbers though
If you look at it like that. Investing in companies that may not be around in 10 years either 😂😂😂 the stock market is very risky in general.
You need 20k to live your life style. What do you do in a week that you need 20k?
Cars, home, health insurance, kids, vacations, all kinds of crap
Why don’t you just have joint accounts for everything? I never understood the concept of keeping your money separate when you’re married, and I’ve been married for 31 years. All our accounts are joint.
For me it’s just purely based off being easier for me to separate the strategies. I like to physically not mix a dividend portfolio from an options portfolio. I do the same for long positions for my retirement. I just like to section them all out. Also makes it much easier to track for UA-cam
@@dividendexecutive Thanks, but I meant why not just have all your brokerage accounts be joint accounts with your wife? You can still do everything you just mentioned, but at least all your accounts are in both of your names so it's much easier to move money around.
Just doesn’t matter enough to me to have them joint. If I die she gets all my money anyway and vice versa.
What are you doing with 20k a month are you single married have a kid that’s a ton of money
Takes a lot of money to have a family of 4 and a big house lol
@@dividendexecutive damn it must be one hell of a house, we a cribs tour lol, 😂 congrats thanks for the videos
It’s not a bad house no doubt but just an expensive time to be alive I guess.
I don’t need 20k a month now but in a 10 year timespan with inflation that’s estimation for a family of 4/5. Thanks for tuning in! Appreciate the support
@@dividendexecutiveI wish you luck and hopefully we all make the journey,