Cheapo Groovo

April 2023 Dividends + Interest Income

100.709639 shares of TBIL, received a dividend payment of $18.20.
607.1448 shares of AGNC, received a dividend payment of $72.86.
200.738194 shares of HRZN, received a dividend payment of $22.08.
237.334104 shares of SDIV, received a dividend payment of $54.59.
Interest payment March 31st in the amount of $50.88.

The Safety Dance >> Treasury Bills in a brokerage account

Normally you would have to buy t-bills through broker / dealers or thru treasury direct. So most people settle for bond funds. But bond funds never reach maturity and hold more than one bond.

T-bills are considered nearly free of default risk because they are fully backed by the U.S. government. And it currently yields 3.38%. 

Recent Yahoo article

 

 

Living off dividends ... tips and tricks

 

$AGNC ~ a powerful income generator if you do this...

$126.60 in MONTHLY DIVIDENDS

plus selling covered calls

3X Income using $QYLD | $345 this month

1. Average down until you obtain at least 100 shares. Collect the monthly dividend
2. Sell out of the money covered calls at least six months out
3.  Sell out of the money cash-secured puts a month or two out

Gold does pay a dividend! Here is how you get it...

Agnico Eagle Mines Ltd - ticker symbol AEM. Paying a 1.2% dividend yield. Unlike other gold miners which could be nationalized (stolen), this company has mines in safe countries.

But my fav is GLDI which pays you monthly and is near a 52 week low. I own 300 shares as of today.

Income Max >> 3X income using high dividend stocks

Collect you dividend

Sell covered calls above your cost basis

Sell cash secured puts below your cost basis