Yes, 3 to 5 may be optimistic on my part. VYM yields 2.64 and that by name is high dividend yield etf. If I go with that instead of tbills and applying my marginal rate savings going to ltcg instead of ordinary income of 27 percent, I would get 3.35 percent but have to pay some ca tax. Tbills are giving me 4.3 percent now so its not a perfect replacement of income. And already own 3 of the stocks in VYM with considerably high percentage of my portfolio so I might just buy the rest of the holdings of VYM instead of VYM. If I overweight the higher dividend yielding stocks of VYM, I could perhaps match my tbill income.3 to 5 percent means you are looking for high dividend yields in a world where a total market fund is paying closer to 1.5%.Leaning toward dividends, I'm not looking for high yield dividends, just something matching my tbills so 3 to 5 percent is good enough.
The other option I was looking at was VOO at 1.21 percent which doesn't come close, I would definitely have to increase the amount I sell in stocks each year with VOO.
Thanks
Statistics: Posted by 2ndvizio — Thu Feb 20, 2025 9:32 pm