093 - How I Get Dividend Payouts Every Week Of The Year

What if you could get a dividend every week just like a paycheck instead of waiting months or even quarterly to see any cash flow? 

There’s a reason that most people don’t stick with investing. Standard approaches take forever to see results, or your portfolio value goes up but then you feel deflated the minute your stocks go back down. 

One of the key aspects of reaching any goal is seeing tangible results from your efforts, especially in the beginning. You need that motivation to stick with it.

Here’s how you can do that with investing.

Tim’s mapped out 3 setups that’ll give you dividend payouts every week of the year. And if that’s not already cool as hell, you can get started with buying just a single ETF. 

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Transcript

Welcome to Roaming Returns, a podcast about generating a passive income with dividend stocks so you can secure your finances and liberate your life. What if you could get a dividend every week, just like a paycheck, instead of waiting months or even quarterly to see any cash flow? There's a reason that most people don't stick with investing. Standard approaches take forever to see results.
Or your portfolio value goes up, but then you feel deflated the minute your stocks go back down. One of the key aspects of reaching any goal is seeing tangible results from your efforts, especially in the beginning. You need that motivation to stick with it, and we're going to show you how to do that with investing.
Tim's mapped out three setups that'll give you dividend payouts every week of the year, and if that's not already cool as hell, you can get started with buying just a single ETF. Why? It's what it is. What did we do last week? Stock splits.
Oh, stock splits. Hopefully you guys were rocking the calendar search and looking for stock splits because... It's a pretty kick-ass way. In a market as volatile as this one, you have to look for different ways to generate a return because there's no guarantee that the market's going to go up, could go down, so you always want to have your eyes, your peepers peeled for potentially other ways that you can generate a return.
And that's actually one of the ways that people lose money when they start investing. They'll get a strategy that works, but then as soon as the climate changes, it stops working, and then they're like, oh, crap. That's what happened with us when we did the earnings report trading.
We were doing earnings report trading, and that's another one that I may want to talk about sometime. You should revisit that. If you do the research ahead of time, you can actually pick stocks that are going to smash their earnings report, and generally 75% of the time they shoot up after their earnings.
You should revisit that now that you have a lot more investing or broadening in your belt. I can't take you seriously right now. We were going to name the unicorn Yuri, but then we noticed that Yuri doesn't have a dong, so it's going to be Yolanda the unicorn.
Yolanda. Yolanda. It's a sassy unicorn.
Yeah, for those of you who are not in the video, we have a unicorn back here with lustrous green fields, and AI wouldn't spit out a leprechaun, apparently, it doesn't know what that is, so we got a unicorn. Yeah, so we got a unicorn. Unicorn's under the rainbow because today we are talking about how the heck you can get dividend payouts pretty much every single week through the entire year.
Yes, because as I thought, because I do think from time to time. People need those wins. It's the small wins, but generally speaking, humans are week to week creatures, day to day creatures.
Unless you have a million dollars, if you had a million dollars, you could probably get a day to day dividends, I'm assuming. Day to day. You could probably get a dividend almost every day.
Oh, you mean spreading it? Wow, that would be crazy. That would be crazy at some point. Maybe we'll have that and then we can just be like, la la la, it's raining money.
For the most part, like I thought, most humans are week to week, so if you can get a week to week win via dividends, that'd be pretty sick and tight, so I would like to know. When he says week to week, he means that we live in a pattern of week to week, and I will say I definitely lose my zealousness if I'm not seeing results from the action I'm taking, so I love this concept, because if you're starting to see results every week, even if they're small, you start seeing the potential of what this can grow to once you add more money to it. It's pretty sweet.
So like with that frame in mind, okay, we want a dividend every week, there's a few ways to get there. The first would be to basically stack your quarterly dividend payers so that they paid every week. It sounds harder than it actually is, but it's still a pain in the ass with the PETA, but it's not that difficult.
The second would be just to invest in monthly dividend stocks and then have those stack up so that they paid every week of the month. That's much, much, much, much easier than the quarterly. The trade-off is the quarterlies generally have better financials and a better track record and a better history, whereas the monthly dividend payers are usually, people are skeptical of those, we'll say, they're riskier.
Quote, unquote. I'm surprised you haven't done the Burt Reynolds yet. The third way is literally they have new investments out where they trade options and they pay weekly.
There's actually weekly paying investments out there now. So we're going to cover what we're holding in our portfolio and then I'm going to show you how to screen and swab for things, for stocks, and then you can kind of do the ... It's called dividend laddering if you want to look it up in Google. And normally they talk about it with regards to bonds because bonds pay out every six months, twice a year, and those are a pain.
So what they do is they ladder them so that you're essentially getting a payment every month. You'd have to have six different bonds. Payment every month is weak sauce.
I want one every week. Well, Tim's cranking up the notch. I would be okay with the month.
I actually like the idea of getting paid one time a month and that way you know all of your outgoing bills, all of your incoming stuff, and it's like ... I don't know. I like that idea. That's you.
I know. I'm weird. Okay.
Because your bills don't pay like once a week. Like your mortgage is once a month. Your utilities are once a month.
All this other stuff's once a month. Grocery bills every week. I understand, but ... Your fuel for your car is generally every week.
I know, but those are not like ... Those are variable ones. The other ones are fairly consistent. I don't know.
That's just me. But for those of you who are in Tim's ballpark ... Weekly is better than monthly. You're covering up Yuri.
Get the hell out of here. It's Yolanda. Oh.
Yuri would have a dong. Okay. Okay.
It does take a little bit of research to actually do the dividend laddering, but it's well worth it because like we mentioned previously, if you can have a small win every week, you're more apt to continue the journey as opposed to if you have to wait until like the end, like the last week of the month to get all your dividends, or like during that three weeks leading up to it where you're getting your dividends, and like there's volatility and the market's going down, and your principal's going down, you're going to like possibly, potentially freak out. Yep. Freak out, sell, lose your shit.
The emotional components that we've discussed ad nauseum here with our psychological stuff. So, in our portfolio, well, I actually combined the portfolios, I cheated. In the retirement portfolio and the vanity portfolio, we hold for the first week of January, first week of April, first week of July, first week of October, Fisker Capital, FSK, will pay you a dividend that week.
These are the quarterly ones. The second week of January, second week of April, July, and October, you have Altria, MO, and Trinity Capital, TRIN. And the third week, MO, yeah, MO, MO money, MO divvies, MO num nums, yeah, okay, the third week of January, April, July, and October, we have Ozark, OZK, and IIPR, I don't know what the hell it's called, Imperial, something or other.
That's the weed one. That's all I remember, is the weed one. The only week that I couldn't find something that we have a quarterly dividend in is the fourth week of January, April, July, and October, but I do know that Cisco, CSCO, actually pays that final week of those months, so that would be the only one that we don't own.
I might have to buy it at some point, just so I can say, hey, look at me. I get paid all 52 weeks. Look at me, bitch.
I'm so cool. Yeah. So we have the first week of February, first week of May, first week of August, first week of November, we have Verizon and Bristol-Myers, so we have VZ, BMY.
Second week of February, May, August, November, we have Alliance, something or other. She asked me these questions about the MLP, and I'm like, I don't know. No, no, no, worry about it.
ARLP. When I ask what a stock is, I'm not asking what the freaking P limit is. No, you're asking for tax.
You're like, we have this MLP tax thing. No, no, no. I'm asking what it does.
I'm not asking. No, you just ask for the tax form. You're like, do we still hold an alliance? I'm like, what the fuck is alliance? Well, it didn't have the ticker on the thing.
I was looking at my K-1. Yeah, so ARLP is the second week of those months. The third week of February, May, August, November is UAN.
A new one in our portfolio, AB, Arbor, ABR, which had their shitty earnings, but they're kind of restructuring the company. So if you're in it, stay in it. If you haven't bought it, let the dust settle, because it's going to probably be a little bit lower than it is currently.
And then the fourth one that we have paying the third week is Hercules HTGC. The fourth week of February, May, August, November is Runway, R-W-A-Y. It's a new BDC we got at the end of last year.
You made comments about HTGC the other day, that it might be getting close to the sell Well, that was before the whole market just tanked. Oh, OK. Never mind.
Scratch that, guys. The whole market went down by like 6% in the last three days, because the people are starting to see that- The recession may be coming. That this overlord George Daddy's tariff policy and economic policy is not- It's hurting the economy? Yeah.
It's not working as well as they thought, maybe? I don't know. But the economy is like, there's cracks. Lots.
The cracks and their cracks are getting bigger. So we're in for a very, very, very, very volatile 2025. It is what it is.
We kind of- Should be really good for the yield max. We kind of predicted that at the end of last year, that it was going to be pretty volatile. If you know, you know.
If you didn't listen, you didn't listen. You should probably go back and review that episode. You suck.
Shut up, Tim. For the first week of March- Just because you're sick doesn't mean everybody else is in a bad mood. Oh, OK.
First week of March, June, September, December, we have UPS, United Parcel UPS, and- You don't have to do the name thing. Everybody knows what UPS is. Black Hills, the BKH, the electoral company that's out in like South Dakota, North Dakota.
They're pretty sick. The second week of March, June, September, December, we have Ares Capital, ARCC, which if you don't know, it's the largest BDC by market cap. ARCC Suite.
OGN, which is Origani. It's a pharmaceutical company. And Skyworks, which is a chip company, SWKS.
We just got into that one recently because it- Fell off a cliff. Because Apple said they're not going to be investing as much into Skyworks as they were previously, but that doesn't change the fundamentals of the company. The company still rocks ass, but it's going to have a little bit less revenue, so the price went from like 106 down to like 60, so.
That's pretty sweet. That's a good- For a 15% decrease in revenue, it went down like 50%, so that's- Well, and you made a comment too about how that's not normally a dividend stock, but now that it dropped as much as it did, it's like a 5% yield. That's pretty freaking cool.
The third week of March, June, September, December is Triple M. Eh. Eh. That one used to be way better, but whatevs.
And the fourth week of March, June, September, December is CIVI, the oil company. Awesome. Starbulk, which is a transportation- They like transport oil across the ocean, so it's SBLK, and ES is another electrical utility company.
ES is pretty cool. So just looking at that, you see that we have a dividend coming due like every week except for four with where we put- Where we plugged Cisco in, so that if you wanted to duplicate this, you literally could duplicate it with Cisco. We don't hold that, so that's every- Those are quarterly dividend payers.
They're better generally than the monthly dividend payers, but you see that you could actually ladder this so that you're getting a payment every week. It does kind of suck for bookkeeping, but I like numbers, so- What do you mean for bookkeeping? You get to put the dividend in your spreadsheet every week. Oh, so just like, yeah, if you keep track of your dividends, which you should- You should.
Yeah. Every week, you'd have to be like, ooh, I got some change. I got to go put this in my spreadsheet.
So now this, the next one is the monthly dividend payers that we currently own, and this one's so much easier, like so much easier. It looks more complicated. For the first week of January, April, July, and October, we have NZF and NAD, which are both municipal bonds that they're tax-free, so they're pretty sick if you want to not have to pay tax on something for whatever reason.
So wait, what's- You're saying this is monthly dividend payers, but why do you have it broke out into January, April, July, October? Because you're getting a payment every month, every week of that month. So this is just the week that they happen to pay out during the month. Okay, I got you now.
So we have NZF, NAD, which are both, we've done pretty well in those for municipal bonds. They're doing pretty good. They're like 10%, 12% gains.
One of my faves is JEPQ. It pays out the first week of every month. NVDY, which we're soon going to have an experiment come up with that, but we'll talk about that That's a yield max, so that one you may not want to include in this, but that's what it pays out.
It's an ETN, Exchange Traded Note, on the USO stock, but it gives you the first week of those months of payment. Actually the first week every month. So for the first week of every month, basically NZF, NAD, because I broke it down, I should have not done that down there because it got confusing, JEPQ, NVDY, and USOY, they usually will pay out before the seventh of the month.
For the second week for the whole year, you have AGNC, which I'm actually more bullish than most people on that one. That's a mortgage REIT, they basically just buy mortgage loans and then you're basically paying them, so it's pretty sick. Our current yield max experiment, CONY, and then one of our better performing yield maxes is MSFO.
That's the Microsoft one. So that's the second week of the entire year, you can get those three dividends. The third week of the entire year, you have THTA, which is a... That's our freaking dry powder fund.
Yeah, that's where we hold our cash because it actually yields twice as much as bullet shares and has about the same amount of no movement as bullet shares. So I like that one. A lot.
A lot. That's where I'm putting it because it yields 12%. A lot.
The bullet shares are between 6% and 7% and they basically have the same band, it's a really tight band. That blows high yield savings out of the water. Between high and low mark of the year.
And if you didn't hear us talk about it, we talked about it a couple of episodes ago, it's pretty... I like it. A lot. Then we have the Amazon Yield Max AMZY, which is the second best consistently performing yield max outside of Microsoft.
And then we have MainStreet Capital, which we literally just sold. The reason that we sold that is if you invest in BDCs, you should be familiar with their price to NAV. Their NAV price is everything they're holding is what the price should be.
And then their price to NAV is basically their price divided by their NAV. And Main was at over two, so that's like over 100% overvalued. It should have been like in the 50 to 60%.
So it was double the price that it should have been, which creates a risk issue if you are very averse to losing the value of your portfolio. So my question was, when did we sell that, like Wednesday? Yeah. What's it at now? It's a little higher.
It's at 2.06 now. So it went up? It went up a little bit, but that was... So people still have a chance to get out of that while it's double the price. No, like if you want to hold it through that, you just turn the drip off and you hold it.
And then when it drops back down, then you turn your drip back on. But to me, it just doesn't... It wasn't yielding enough. It's yielding like less than 5%.
So the yield doesn't justify the risk of the price depreciation to me. Yeah. It comes down to what your strategy is.
If you actually can take that capital and invest it in something that's actually going to compound or churn your money over faster, that makes a lot more sense. But if you're more of a set it, forget it type person, turning the drip off and then waiting for it to come back down makes sense. Plus, you get advantages in tax strategy with that.
So it really just depends on what you're trying to do and what your primary focus is. Because the tax thing kind of comes out in the wash if you have losses that offset the gains. So I have to evaluate our portfolio from that perspective at some point now that I understand all that.
And we will definitely update you when I figure it out. So I sold Main Street Capital and we put it into Stellas, SCM, which is another one that I've been watching. It's a BDC that has comparable profit margin, comparable evaluation with its price earnings compared to other BDCs.
But the profit margin. And the profit margin's a little bit- Less than Main, right? A little bit less. Yeah.
Main Street was running at like a 90% profit margin. SCM's at like a 50% profit margin. So it has less profit margin, but it still has more than enough to cover the dividend.
And the dividend's like twice as much as Main Street Capital. So it was a decent trade-off. If you subscribe to the email every week, I give you the chart and it has that broken down into basically the ticker, the ex-date, the dividend, the dividend yield.
But the last three columns are the valuation columns and we have profit margin. We have its current price earnings versus its peers. And then we have, what was the third one? Yield? No, not yield.
Dividend? No. Profit margin? Profit margin. Those are the only ones.
Unless you're talking about CEFs where it's the discount to NAV. Oh, right. He doesn't even know the chart he makes every week.
His short-term memory is astounding. I thought it was three. So the profit margin is, the reason the profit margin in there, if it has a higher- Well, it's the date that the dividend happens.
Ex-date. Ex-date, yeah. If the profit margin's super high, that means it can cover its dividend with like- That means you're more than likely not going to get a dividend cut, which means you're not going to lose your value.
So that's a security- And the PE is what its current, is its future projected PE based on its projected earnings versus its peers. The peers, I like that number to be at least 50% less than the peers, and Main Street wasn't there anymore, and SCM is. That's like, in the course thing or the book thing that I'm writing, I go into a ridiculous amount of detail on how I screen for valuation.
It's going to be fun. There's more that goes into it, but those are the easier numbers to report in the chart because I have the PEG, and then I have the price of sales. He was over there sitting, typing yesterday.
He's like, wow, I didn't realize I did so much thought and all this stuff in my head going on while I was picking these things. I figured. Yeah, so- I figured.
And the final week of every month for the year, you could get into FEPI, AIPI, which are two of my favorites. Love those two. YYY, which is a bond fund that's still undervalued a little bit.
MBXG, which is awesome. It's a cover call basically on the NASDAQ, and SRV, which basically is a combination of all the better gas companies. So right there, if you invested in those, you'd have a payment coming every week for the whole year, which is those ones I just listed.
What was that? It was one, two, three, four, five, six, seven, eight, nine, 10, 11, 12, 13, 14, 15, 16. Those 16 investments would actually give you a paycheck every week for the whole year. That really, really is less complicated than I had made out in my mind.
So that's really cool. And they're not terrible. I know a lot of people are scared of the Yieldmax because of the NAV decline, the price decline.
But the Amazon one and the Microsoft one, those are definitely very- And the Nvidia one's done pretty good too. It's been solidly between 18 and 30 for the entire time, and it really hasn't dropped too far below the $18 range. If you remember, they started at 20, so it dropped a little bit below its initial price.
Well, again, if the strategy for this is to get you early wins so that you see the potential of this, you could potentially turn the drips off for the riskier ones and funnel them into better stocks. So you take more risk in the beginning until you understand, and then you funnel stuff. And as you get closer to when you're basically going to be relying on the money, you don't have stuff in the more risky things, and you have that consistent payout situation.
I kind of feel like that's backwards to what most people say. They say take risk later once you have the money, but I think if you do it in the beginning, you can see the possibilities, and you get those early wins to really motivate yourself to keep going. So the objective of the monthly pairs, for the most part, is to, if they're undervalued, you leave the drip on, unless they're a Yieldmax.
You turn the drip off on the overvalued ones and the Yieldmax, you use that money, you funnel it back into the quarterly ones we just discussed. The ones in the first part. And the same thing applies to the weekly ones now.
If it's undervalued and you like where it's at, you can leave the drip on and just accumulate shares every week, or you can turn it off and literally invest it back into your good monthly pairs like AGNC and FEPI and AIPI, or you can funnel it back into your quarterly pairs, whichever, however you want to do it. But there are, there's 12, I think it's either 11 or 12 weekly dividend pairs. We hold four of them right now.
So we're getting dividends every week from these four. They are riskier, but if you pull out your initial investment first, you're actually mitigating the risk, like we've been talking with the Yieldmax, it's the same concept with these. You have YMAX, which is a Yieldmax, it's a Yieldmax fund-to-fund that basically, any time there's a- It's an index fund of all the Yieldmaxes.
Any time there's a new Yieldmax that comes out, they have put it into this. So YMAX encompasses all the Yieldmaxes. So in theory, you don't have to hold CONY and Microsoft and NVIDIA if you don't want to because it's part of the YMAX, but I actually like holding those separately.
You have YMAG, which is a combination, they basically, it's an evenly dispersed- Magnificent Seven. Of the MAG7, like Amazon, Google, NVIDIA, they actually hold the Magnificent Seven, the Yieldmax versions of those. Again, all the Yieldmax is a synthetic position.
Oh, so YMAG is a thing of their Magnificent Seven? Oh, okay. So Yieldmax, if you don't remember, is like a synthetic thing where they actually don't hold the shares. They do a synthetic thing where they write a call option and a put option, so they're actually holding both positions.
Which is what makes them so risky. They're super risky because they don't actually hold them. LFGY is a newer one that we just got into that's basically a weekly dividend payer for the crypto market.
It holds like- It holds the cryptocurrency stocks like Coinbase and Robinhood and shit like that. And then there's the YBTC, which is the weekly Bitcoin one. It's not like BITO where BITO's like the futures.
The YBTC, they actually hold IBIT, which holds Bitcoin, actual Bitcoin. So YBTC is kind of a cover call version of IBIT , which holds the Bitcoin. So again, they're not actually holding Bitcoin.
They're holding a stock that holds Bitcoin. So it's kind of a little bit better than the ones that don't actually hold any positions in it. But those four there will pay you out every week, 52 weeks.
So that would be high risk. I actually think the top two probably would be the better starter place, unless you really need quick wins with not a lot of money just to see before you transition over to one of the other two strategies. The part that's funny is the YMAX is like 40% dividend yield.
YMAG is like a 30% dividend yield. LFGY is like a 30% dividend yield. And YBTC is like a 40 to 50% yield.
So the weekly ones actually have a lower yield than some of the ones in the monthly. Yeah, that is kind of interesting. The monthly dividend pairs, but- And they're more risk.
It's easier to replace your weekly paycheck if you're getting a weekly dividend. Agreed. With the ones that we mentioned up there, we're making between 380 and 540 each week in dividends.
So not too shabby. So it's not quite a whole paycheck yet, but we'll get there at some point. And the objective is to set up a dividend ladder that you're comfortable with.
So if you're not comfortable with the weekly dividend pairs, but you are with, say, monthly or quarterly, well, obviously you wouldn't invest in the weekly ones. You would just invest in the top two sections. But the bulk of the portfolio is in the quarterly dividend pairs.
And then there's a decent chunk in the monthly dividend pairs, and there's a little bit in the weekly ones. Because I know the weekly ones are more risky than the monthly ones, so I don't have as much money in the weekly as I do the monthly. And I know the monthly are a lot more risky than the quarterly, so I don't have as much money in the monthly than I do in the quarterly.
So like- Yeah, so that's what you're saying. So technically, if you did a disbursement across all three of these, you get some of the perks and minimize the negatives, and it's just coming up with that perfect balance of it all. But as always, if you invest in a riskier asset, to me, to mitigate the risk is you basically turn the drip off until you recoup your initial investment.
And then at that point, you can play with the drip according to valuations. I've been saying that for so long, and people still do. I was on Reddit yesterday looking at stuff, and the people are like, well, YMAX is a good investment.
You just drip it back in, and they're like, that's the incorrect way to actually invest in YMAX. YMAX- I hope you commented. YieldMax stuff.
 YieldMax stuff, you get your initial investment out because you have no idea what the share price is going to do. So if you're- No idea. So if you're getting a dividend, say, on- what's a riskier one? Like the Tesla one.
If, say, you're getting a dividend on TSLY, but Tesla's gone down, you're reinvesting in a smaller price. So it is like lowering your- So you're- It is lowering your- Buy-in price. Your cost basis price.
But- But the problem is it keeps going down. Yeah. So you're going to lose more money of your value is going to go down faster than it would had you not reinvested.
Yeah, if you don't reinvest- And if you don't believe us, go look at our CONY experiment that we have posted on YouTube. We have four or five videos now at this point, and we're not reinvesting. And even though the price is going down, it's not going down as dramatically as somebody if you'd search on YouTube that, I don't know, got into Tesla and was recompounding.
That shit is like crash and burn dropping. It like blows my brain up because I figured this out within like a month. I think it's because we got burned so much in crypto from those high yield reinvest thingies.
Well, it was just basic math. If it's going down, like every time they pay a dividend out there, it goes down that price. And if it's not recovering, like good stocks do, like, say, like, yeah, Triple M, Triple M's dividend comes out, it goes down whatever it is, 50 or 70 cents, whatever the dividend.
So it goes down 70 cents, but it gradually picks it back up because it's good company and it has good revenue. So by the time the next dividend comes out, you should be at where it was prior to when it went dividend or like above it. With the  YieldMax's, it goes down, say, a dollar.
It doesn't recover that dollar. It only recovers like 40 or 50 cents, and then it goes down like another dollar. So you're like, you're already 50 cents down.
And the other thing that we noticed, too, is because the NAV decline is expedited by people panicking and jumping ship because the amount that they actually can go up and make money to do and sustain the price that it's at comes from the people invested or in the shares. So if people keep jumping ship, they're compounding the NAV decline because they're reducing the ability to like pay more than it's dropping. It's a really weird conundrum.
So we really don't know what's going to happen. But I do imagine that when, especially for Coney, when crypto like rebounds, people are going to be more bullish. And then I think that one will turn around, even though right now, if you look at what it's at, it's down significantly from where we bought in.
I think Coney's at like $14 or something, and we bought it at $17.12. The reason I thought this was actually a pertinent discussion is because most people don't have a large lump sum to start investing. So if you like say, well, I just went with $24,000, that would be $2,000 a month that you're investing. If you did that with the quarterly payers, it would literally be less than $60 a week because our highest quarterly yielder is 12%.
But that's still something. But like majority of our quarterly yielders are like 3%, 4%, 5%, 6% down there. If you invested in the monthly payers, that $24,000 could bring in much, much more.
For example, NVIDIA and Coney both yield 100% or above that, while FEPI, F-E-P-I and A-I-P-I yield about 35% combined. So you'd be yielding more than 100 a week, so you're already 40% higher, which is investing in the monthly ones. And that's like 400 a month.
And if you go balls deep and go with the weekly, you could be making about 400 a week if you do the weekly ones. Oh, crap. I didn't realize it was that high.
Whoa. But I'm saying like it's... But those early wins in the beginning, like I said, you may be able to take more risk in the meeting because you can always make more money. But then once you see how things work, you put them into the better stocks to reduce your risk and you see that they're essentially a strategy to help you grow your dividends faster to get to your goals faster.
Because like if you read anything about investing, you're supposed to invest X percent of your paycheck every week. But if you can actually set it up so that your dividends are actually covering that X percent of that paycheck, well, then you're investing your paycheck plus whatever you can invest out of your actual paycheck. So it will compound much, much, much, much, much faster than if you do the traditional oh, put 20% of your paycheck in every week.
The other thing that we said when we were talking about ways to find money to get started, your tax return is a really big one. The average person's is like $2,500 or $3,500. I forget what the hell it is.
If you took that money and instead of looking at it as like, ooh, I'm going to get a tax. Now I can buy all the stuff I've been holding off on buying. If you invest it into something that's more risky, because spending it, it would have went to zero anyway, but if you put it into something that's more risky, you could potentially conceivably be making a payout every week for a long time. The reason why I was so hell-bent on the tax refund is because if you put the $4,000 or $3,000 into a yield max, within a year or two, you've actually doubled the money.
You've actually taken out the third. So in theory, you've actually, if you wanted to say buy a TV, you've actually- Could have bought a TV. Could have bought the TV with the dividends while maintaining the share so that you could buy another TV a year from now.
That's why I was hell-bent on, you need to invest your tax refund. You invest it however you're comfortable with, but for me, it would make more sense to put it into a monthly dividend payer that yields a lot. A lot, because to me, you're planting a money tree.
And there's talk now with Overlord Orange Daddy freaking giving everybody $5,000. If people are not investing that $5,000, you really shouldn't be listening to this channel because you don't get the concept. Okay, so now we'll go into Schwab.
But seriously, that five grand could give you, we have a CONY Experiment Runner right now where I have $5,300 and it's making between 325 and 408 right now. We've only had two payouts a month. With 5,400.
With 5,400. So if you got five grand, you could conceivably be making $350 to $400 a month. Indefinitely.
To me, that's an investing mentality. To me, it's more important to have income coming in than it is to have a lump sum. And you have to.
I'd rather have, not a consistent, but consistently money coming in than just to have a $5,000 lump sum that I can, because what we're gonna do, live in a van, the $5,000 would pay for the van maybe three months if we live in the forest. But if we reinvest that, or if we invest it into something and we're getting dividends, and we stack those dividends on top of other dividends, like we're... Yeah, it's the compound. People don't understand the compound.
And the difference between people who stay poor is having, doing the same habits, doing the same behaviors, doing the same everything that you've done. If you've consistently spent your income, or your tax returns, you're gonna stay in the same place. If you now look at it through the lens of what do wealthy people do, what do financially free people do, they leverage their money to make more money for themselves.
So here's a basic screener in Schwab. Other brokerages, platforms, will have different screeners, whatever. So you wanna click on the dividend one.
You click on dividends. Dividend, do dividend, the dividend frequency. Dividend frequency.
Do monthly. Monthly. And that brings up 121.
So view 121. View the matches. So right there, that was an easy, simple way.
Could you do that in Vanguard? Vanguard, no. Easy, simple way where you can pull up a list of the monthly dividend payers for stocks. That's fantastic.
And now you can also go over here to the other side. And then if you don't like that, you go into basic, do price. So you can search by price.
And then select all up top there. So, because now it'll list all the prices. Apply? Yeah, it'll list all the prices.
Oh, so this is kind of like a spreadsheet where you add columns. So it'll give you the price now. And go back into dividends.
Do annual dividend yield. If you do the annual dividend yield, now you can add. Do more than six.
See that brought your list from 120 down to 65. So now you have the price and the yield of all these different investments. And you actually can click on the top there and order them from smallest to highest.
The nice part about this, you can order from highest to lowest, lowest to highest. So there you have your monthly dividend payers. All these pay dividends monthly.
Then you could start stacking or laddering your dividends for your monthly ones. The quarterly ones, it's very difficult to screen for them the same way. Because if you do the same thing, it brings up just a big ass list.
And then you have to go into each individually. There's a lot more work that goes into them. When is the payout? Because the payout's the important date.
The X date is not. And that's not the important part for this whole thing we're doing here. It's the payout date.
So that's the monthly ones. Scroll up. Go research.
Go ETFs. Do ETF screener and do the same thing. So you want basic.
Do the price range. Price range. You select all.
Select all. Then minimize that. Few matches.
So that brought up what? 4,000 something. 4,000, okay, so minimize that. Go into distribution.
Distribution. Distribution yield. Well, that's named different than taxes.
Above six? Yeah, above six. That takes 4,000 down to 418. I dropped that by like 400%.
Evaluation. What? Oh, wait, sorry, go to distribution. Go back in there.
Do distribution frequency. Monthly. Down to 280.
So I cut it in half-ish? So that's just a very, if you're not using screeners to actually identify things, I don't know what to tell you, because actually you saw it went from 4,000 up to 250. So click on distribution yield up top there. And there's the highest.
Oh my God. There's like all yield maxes you see. Yield max, yield max, yield max, yield max, yield max.
MRNA, 171% yield. YieldMax CONY, 134%. You see the NVIDIA one, it's been down a lot there.
It's still above its entry price, so that's rocking. $20 entry price, so that's really cool. That one's paying 110% yield.
YieldMax AMD, AMDY, $8.81. So there's the one that you can get into. I never got into that one, because I despise Facebook, but there's the meta one's actually pretty good too. It's at 1985 and yields 50%.
If you remember, these things started at $20, so anything that's still hovering around that, that means that they're not NAV declining, which is very good. So if you watch them over time and they didn't do that, that's a better one to get into. Oh, BITO popped in here between the thing.
Nice, nice. You know, BITO, BITO's basically- We had that one and we got out of it, right? Bitcoin futures. Yeah.
Why BTC, biatch? Yeah, we're in that one. I like that one. It's a Roundhill one.
Roundhill has a lot of weekly payers. Yo, Max is basically like the entire first page. It's hilarious.
So anyway. So that's how you would do the monthly- ETFs. Go into that bar there, bar there, and then type in weekly dividend payers.
This one here, go to Dividend Channel. Let's see there, it'll bring up the ones that pay weekly. They pay on Friday every week.
Okay, so Dividend Channel actually has a thing. If you just Google search dividend paying stocks, weekly dividend stocks, it'll shoot this out. Dividend Channel.
And then if you just scroll down, there's a calendar that pops up and it'll literally tell you. Do you see the- Are they all Fridays normally? Yeah. Oh.
Why Max, why Max? Except for Vanguard. Vanguard pays you on Saturday for some fucked up reason. Okay, that's weird.
What? But this only goes to the month? It's the same thing every week. Oh, yeah, sorry. Okay.
Because it's weekly. Holy Christ, you're making fun of me for being dumb dumb. Oh, so you're saying these are the weekly payers? Yeah.
Okay, my brain- So you're like, there's the X date, so you'd have to buy them on the fifth year to make sure that you have these before the X date, and then the X date, obviously, you hold them, they're gonna pay you the dividend, and then you get paid on the Friday. They move quickly. You may wanna do an extra day or look up each individual one, because sometimes it's two days before, sometimes it's one day.
I've seen that with the YieldMax thing, it's two. But there's a list of the weekly ones, and then you'd like, obviously you have to research everything. That's why I start in Schwab, because that's where I do most of my research.
Yeah, Schwab is sweet. All right, so we're going back to our portfolio now, and we are back in Schwab. So here's a little- And look it up,  YieldMax .
YieldMax, just one of the weekly payers. The index YMAX. Okay, scroll down.
You can see the NAV decline since April of last year. It's just gradually gone down. Beep, beep, beep, beep, beep.
Went up a little bit here during the- When crypto boomed, when Trump won. But then it started doing this crap where it starts going down again, so you can see why we don't like to actually reinvest the dividends, because if you're reinvesting here, it doesn't matter, because in the month time, it's actually, you know what I'm saying, it's lower than, generally speaking, it's lower than where you reinvested, so you're losing money, so there's really no point to keep reinvesting. Man, this went up a lot.
You see there's 821 million. That's crazy, but okay. Scroll down.
You'll see that there's, what YMAX does, literally just puts a little- Money into their YieldMax. All their different ETFs, and then there's the distribution yield. See how it's every week.
You got February, it was 19 cents. February, it was, was that 15 cents? February, it was whatever. I'm going to show more.
A horrible font. Yeah, show more. Can't read that.
What I found is, this one, if you recall, actually used to do the monthly thing, and the monthly was okay, but ever since it started doing weekly, you're actually making more in dividends. I think it's probably because it brought people in, and again, remember how I said the NAV decline and all that? It depends on how much money they have to play with to make what they need to make, so if they're getting the money that they need to do what they need to do with the options trading, they can kill it. Do you see, so there's the payment on the 7th, the 14th, the 21st, the 28th will come out this week.
It's going to be probably- Oh, and they've gone up in payments, so I think things are turning around for the YieldMax, because it was kind of low there for our first couple payouts at CONY. I can tell you, we have YMAX, we have YMAG, we have LFGY, and we have YBTC. YMAX is better than the YMAG for some reason.
I think that makes a lot of sense. YMAG's kind of trash right now. It's only paying like five to 10 cents a week, which is ass compared to this, paying double that.
Yeah, 11 was the lowest one, 17, 14, 19. YBTC actually pays a good amount. I like that one.
I like what it has going on. I'll show them YBTC once. It's Roundhill, it's not YieldMax, so it's a different one.
It costs a little bit more, but let's scroll down. It's $45 a share. You see the distributions all over the place, because it depends on what's going on with Bitcoin prices and whatever.
Is that the distribution? Distribution. That doesn't make sense. 28, 29, 57, 88.
Oh my God, it seriously had $1.03? That's when Bitcoin was high. Whoa! Bitcoin goes back up. If you scroll up, minimize that.
That's really low right now. Let me scroll up, scroll down. You went too far.
See how it holds options on IBIT, and then it has a little bit in the futures, but not a lot. It has majority of its stuff is in IBIT. If you look at IBIT, it actually holds the Bitcoin, so it's writing options on a Bitcoin holding ETF, as opposed to a synthetic holding ETF, so that's why I actually like this one better than the other.
I think there's another weekly Bitcoin payer, but I don't know. And then do LFGY once. But Tim hasn't got into that one.
We'll go into our weekly payers so you can see. Here's the Yieldmax, again. LFGY, what is this one based on, ARCA? The hell's ARCA? So it's eh.
So this one looks fairly new. It is new, but that was when crypto was high and then crypto went down, so this one kind of mirrors the crypto price. Only holds 77 million, so you're one of the first people in it, so that's nice, because people are going to get into it eventually.
Didn't you say the other day that you found out that getting in in the beginning, you get more rewards? But then you look here, do you see how it's not options? That's why I got into this Yieldmax. Oh, are they adapting their strategy? We were hoping that they would do that. So they're investing in- focused companies with the Bitcoin, IBIT, there's the- So they have IBIT, they have Coinbase, they have MicroStrategies, MSTR, they have CleanSpark, they have Mara, they have Riot, they have Hut, they have Opera, they have New and New.
So I like this one as a weekly payer. So wait, these guys actually have stocks, they're not trading. So they're trading, they're probably doing covered calls on those stocks.
So this is more like the Ruckshares. Yeah. Be my guest, we'll scroll up, you can see here.
And what's the other one? Scroll up. Scroll up. J-E-P-Q.
Scroll up. Don't yell at me. Scroll up.
Look, read that thing there, secondary objective to make capital appreciation. Read more there. Fund strategy.
The investment seeks current income, the secondary objective being capital appreciation via investments in a select portfolio of crypto industry and technology company. Yeah, they write options on their holdings. Fund, the options strategy.
So like, we did REX Shares a couple weeks ago. But they're looking at capital appreciation too. So they're trying to cover- We did REX Shares, so this is pretty much like the REX Shares.
This is like F-E-P-I and A-I-P-I, where they actually hold the company and they write options on it. So this one's cool. Go scroll down to the dividends.
I'm hoping the YieldMax eventually rounds their strategy out so that they like, get rid of the NAB decline issue. It's small sample size, but you see that you're getting- 74 cents, 62 cents, 62 cents, 56 cents. Those are the four dividends they've had.
It's like two something a week, so we've been in there. And these are a week, that's a lot. But then again, the share price of this is around the $50 mark.
I like it. So it's like having F-E-P-I and A-I-P-I, but you're getting paid weekly as opposed to monthly, whereas those two pay monthly. So, cool.
I like this one for a weekly one. This would probably be the first one I would invest in for weekly. And then it would be YMAX and it would be YBTC.
And then if you go beyond that- You did just say YMAX, right? Okay. I like YMAX for the weekly. The way you slurred at the end of there almost sounded like the other one.
That's how I would do my weekly. The monthly, I would just do whatever you're comfortable with. Like SRV, if you want exposure to oil, then you do the SRV.
If you want exposure to the NASDAQ, then you do JAPQ or NBXG. Like it depends what you want. You could do XYLD, which is a covered calls on the S&P 500.
Like there's a plethora of ways you could actually construct a portfolio that would pay you weekly with different things. So basically then it would just be what macro trends you think are gonna be profitable or what you're comfortable with. If you just wanna do index funds, then you would do like the XYLP, which covers a covered calls on the S&P.
And then you do like, you find one that covers the NASDAQ, then you find one that covers the Russells, the small caps. But if you want like individual sectors, you'd have to go into closed-ended funds that actually like the SRV, which is the oil and gas or- I love funds. I love the ETFs.
I love the closed-endeds. You could do DOG, which is basically the- DOGG. Like the laggards of 2024 S&P 5, I think it's S&P stocks.
The top- Didn't you get out of that one though? I did. But like it takes the 10 worst performing, highest yielding stocks of the S&P and it buys into them and then it just rolls with them for a year. So every year it rebalances based on which ones were the shit from the year before.
So there's multiple strategies that you can employ to actually generate weekly payments. It's just like, it's a choose your own adventure book. We chose our adventure and we showed you what it was.
Yeah, and keep in mind, like tax returns are coming up and so is potentially the whole random stipend. So worst case scenario, if you need seed money, like- I have no idea what I'm writing about. Make a better choice.
Make a better choice with your tax returns. No idea what we're talking about next week. What'd I write? You told me we're doing portfolio.
Dividend quarterly. This is the first week of March. First week of March.
What the hell did you tell me? Hold on. You're such a turd muncher. So having a bad short-term memory sucks for like a couple of reasons.
One is I didn't remember what I wrote like four days ago. The last thing we, like the first week of March, we're gonna go over the retirement portfolio and all the dividends we collected, the shares we, like our quarterly update. The second- Which we weren't gonna do, but actually popular demand.
We're bringing that back because people seem to be so interested in that. And the second week is going to be the van, our van life portfolio. There's a huge difference between the two.
It's really interesting how one actually is performing better for capital appreciation and one's way better for income production. Next week for the podcast, I get asked where I start. So I like, we're gonna revisit like my- A tip hates that question.
My source is the wrong question, but we're gonna revisit my sources where I get like my investing ideas. We'll go into detail. I'll pull them up.
We can look through like they're like, it's all gonna be free. You're not gonna have to buy any subscriptions to what I'm just like, say for sure dividend, for example, you could buy sure dividend and have the members area, but they actually have a non-members area where you can click on it, read the articles. I read a lot.
That's how I get all like investing ideas. And then I plug it into Schwab for the research. And I look at the valuations and the dividend history and stuff like that, but it'll be fun.
And the reason Tim hates the question, where do I start is because there are, it's such a, it's so hard to tell you where you're at without more information. So the example was if you told him, if you showed up and told him that you were a medium risk investor, you have your emergency fund set up and you have capital to invest, that would be a much better segue into where do I start from there? Or where do I go from there? I'm writing a fucking book right now because the people ask me where I start and it's like, you're asking the wrong question. Like you need to know.
You need to like rein it in a little bit. How to like identify who you are as a person and an investor. Oh my God.
How you're gonna fund stuff, like what your budget's like, what your emergency fund, all that stuff before where do you start? But even in the where do you start category, you have to like have investment ideas in your brain so that you then can research and you have to have your valuations proper. You have to have your, like what your portfolio's for. Are you gonna use it for income? Are you using it to like for retirement 10 years down the road? Like there's, like it's so.
So what I'm trying to do in conjunction with Tim's book. So big, I want it to be narrowed. I'm actually gonna create a flow chart so people can actually go into the flow chart, figure out where the heck they are and then ask the appropriate questions.
And then I'm gonna direct them to the right parts of whatever the heck crazy thing Tim's bringing up so that you guys can actually get started without having to, or have a clear vision of where to start. So that's the goal. So like next week is literally just like what resources I use to identify and narrow my investing ideas.
It'll be fun. It'll be fun. You'll enjoy it.
Come here, you big moose. Just cause he's so big. He's a mainecoon, half mainecoon.
Moose. He's a big boy. He's like, don't touch me.
That's next week. All right, guys. Hopefully I feel better by then.
We will see you guys next week. Cheers. So let me ask you, how motivated would you be to find money to invest if you could see payments come in each and every week? If you got a lot of value from this episode, we'd love it if you could leave our podcast review on your favorite listening platform.
Thanks for tuning in and keep making them divies.