$112,000 Dividend Portfolio - October 2024 Update

Spreadsheet link - https://docs.google.com/spreadsheets/d/18UqRVTAY5Q1qJA-fZWnPMNyXnBGMveFm/copy

What do you think of GPIX & GPIQ?

I like them better than JEPI/JEPQ but not sure if they are better than XYLG & QYLG. They appear to have slightly more freedom with covered calls, on between 25%-75% of the holdings vs the constant 50% of XYLG/QYLG. This may just introduce opportunity for fund managers to make mistakes though.

Aside from that, things are advancing nicely. Just passed $7,000 in total dividends earned. This is accelerating faster and faster.

We are 4% behind the S&P YTD but remember a few things. This portfolio is around 15% cash. The market is also up big this year, the exact environment where my strategy ‘suffers’ the most. The income generated also smooths out volatility along the way and I find it mentally very motivational.

Until next time.