r/dividendinvesting

So ? Better ? Worse ?

I received dividends today from these funds. Here’s my monthly dividend yield based on my cost basis:

IGLD 1.75% $27.42
GPTY 2.59% $41.49
SDTY 2.24% $44.67
CHPY 2.94% $55.54
YMAX 4.19% $8.36
SPYT 1.49% $17.75
QQQT 1.43% $18.12
YPLT 2.74% $21.81

SPYT and QQQT are under 1.5% monthly so I liquidated my position, simple as that. If I want to maintain a high level of monthly dividend yield, it’s important that I stick to this rule.

I rebalanced and reinvested into these 4 funds with the following allocation to target around 2% monthly dividend yield after 15% withholding taxes for non-residents:

42% in:
USOI - UBS ETRACS Crude Oil Shares Covered Call ETN (USOI)

23% in:
TLTX - Global X Treasury Bond Enhanced Income ETF

12% in:
HAKY - Amplify ETF Trust - Amplify Hack Cybersecurity Covered Call ETF

23% in:
GDXY - YieldMax Gold Miners Option Income Strategy ETF

Friends , I was just checking Screener as to which are best performing stocks of last one year … 6 stocks came on top and one of these 6 is Titan Biotech ltd (as shown in screenshot)… what is interesting is that Market cap and Price to book ratio of Titan Biotech is cheapest and least expensive in these 6 … Price to book ratio of Titan Biotech is 13 while Price to book ratio of MVK agro is 22, P/B ratio of Cupid is 31, P/B ratio of Swan defence is 35, P/B ratio of Midwest Gold is 67, P/B ratio of RRP Semiconductor is 1419 (as you can see in attached screenshot)…And Titan Biotech is the only company in these 6 which pays dividends .. 🥳

One friend at Twitter sent his above portfolio screenshot to me.. 🥳

I plan to retire at age 50.

Along the way, I’ve gone through countless trials and errors.

I’ve also gained many valuable lessons and insights ones that can only be truly understood through personal experience.

And throughout it all, one factor has played a crucial role.

Throughout this journey, I have consistently maintained a high level of dialogue and communication.

By sharing perspectives, assessing risks, and examining issues from multiple angles, I have been able to avoid mistakes that I would almost certainly have made had I acted alone.

Because I know full well that the path of learning is never-ending.

I’ve noticed some people asking about my investment approach in the comments section of my posts. I’ve compiled some indicator data that might be useful for beginners. While I’m not sure who might be interested, and since I rarely check the comments, please feel free to send me a private message if you need this information. I’ll reply to each message individually and am happy to help anyone who needs it.