Investor With $125,000 In ETFs Aims For $12,000 A Year in Dividends – ‘Is My Yield-Chasing Strategy The Right Move For Long-Term Growth?’
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Investing can be intimidating, especially for people who have accumulated a substantial amount of money and are looking for ways to grow it further.
One favorite strategy among investors is dividend investing, which focuses on producing a reliable income stream through dividends paid by stocks or ETFs. This approach is particularly charming to those wanting income and long-term growth.
Enter a 51-year-old investor who shared his concerns about his next move in a recent Reddit post. The poster had $125,000 that he invested in ETFs, aiming to generate $12,000 annually in dividends.
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His portfolio includes a combo of…