How I Plan To Increase My High Yield ETF Portfolio Income (Do THIS)

Summary

In this video, the creator discusses their strategy for a high-yielding ETF portfolio on Robinhood, currently valued at $28,749.23. They detail their income investment approach, aiming to reinvest dividends to grow the portfolio. With a goal to build up positions in specific ETFs to $10,000 each, they plan to use weekly distributions to purchase more shares, focusing on quality income that doesn't erode capital. The creator also shares their thoughts on the Russell 2000 Index and their intention to live off the portfolio's income in the future.

Takeaways

• 📈 The speaker's high-yielding ETF portfolio in Robinhood is currently valued at $28,749.23.
• 📊 The portfolio has seen a weekly increase of 1% ($546.4), with cryptocurrency contributing to this growth.
• 📉 Despite a 17% decrease in the past month, the portfolio is up 2% in the past week and 99.47% year-to-date.
• 💹 The speaker's goal is to use the portfolio's income of over $1,000 per month to fund new ETFs.
• 🚀 The strategy involves being a total return investor while also focusing on income, aiming for the best of both worlds.
• 💰 The speaker plans to reinvest dividends within the portfolio rather than withdrawing them.
• 📅 The speaker outlines a schedule of upcoming dividend payments from various ETFs, highlighting a focus on weekly payments.
• 📉 Despite a 14.9% price return decline in YMAX, the speaker is actually up on this position due to reinvested dividends.
• 📈 The speaker intends to build up positions in QDTE and RDTE, aiming for a $10,000 investment in each, and then use the weekly income to purchase more.
• 🌐 The speaker appreciates the Roundhill ETFs for capturing upside potential and paying out distributions, despite potential long-term NAV erosion.
• 💭 The long-term plan includes building a base for the portfolio with index-based ETFs for relatively stable yields.

Q & A

What is the current value of the portfolio discussed in the video?

The current value of the portfolio is $28,749.23.

How has the portfolio performed in the past week?

In the past week, the portfolio is up 1%, which is an increase of $546.4.

What is the long-term goal for the portfolio mentioned in the video?

The long-term goal is to use the income generated by the portfolio, which is over $1,000 per month, to fund new ETFs.

What is the strategy for reinvesting the dividends from the portfolio?

The strategy is to keep all the dividend income within the portfolio and reinvest those dividends rather than withdrawing them.

Which ETFs are part of the portfolio and are expected to pay dividends in October?

The ETFs expected to pay dividends in October are TESL, CONY, INVD, and MISTY.

How has the YMAX ETF performed in terms of price return?

The price return for YMAX is down 14.9%, but the total return, including dividends, shows a profit.

What is the significance of the weekly payments from YX in the portfolio strategy?

The weekly payments from YX provide a consistent income stream that can be used to purchase more shares of other ETFs, such as RDTE.

What is the plan for the RDTE position in the portfolio?

The plan is to build up the RDTE position to $10,000 using the weekly distributions received from other high-yielding ETFs.

How does the investor plan to use the distributions from the ETFs to grow the portfolio?

The investor plans to use the distributions to purchase more shares of ETFs, focusing on building up positions in QDTE and RDTE to $10,000 each.

What is the investor's view on the Russell 2000 Index and its potential in the portfolio?

The investor sees potential in the Russell 2000 Index for total return and plans to build up a position in it, expecting it to grow and provide a stable yield.

What is the investor's strategy for managing the income generated by the portfolio?

The investor's strategy is to reinvest the income into higher quality income ETFs for long-term growth, aiming to match or exceed the income with capital appreciation.