Just hit $1k monthly dividends. Thinking of chasing higher yields. Talk me out of it.
Current portfolio ($250k):
- SCHD: $125k ($353/month @ 3.39%)
- JEPI: $75k ($445/month @ 7.12%)
- O: $50k ($233/month @ 5.60%)
Finally hitting about $1,031/month in dividends. Been tracking everything and it got me thinking - what if I moved more into higher yield stuff?
Looking at:
- More JEPI
- Adding JEPQ
- Maybe some covered call ETFs
- REITs like STAG
I know chasing yield is dangerous but with rates this high, seems like a good time to be aggressive. Anyone try this or am I being dumb?