Prudence is paramount in both financial ventures and intimate encounters: So why not Dividends? around $1000 pm

Caution is key when tossing coins or tangling sheets!

 To earn $1,000 per month in dividends ($12,000 annually), you need investments with high dividend yields and sufficient capital. The NEOS Nasdaq-100 High Income ETF (QQQI) is a covered call ETF with a dividend yield of approximately 13.92%, paying $7.33 per share annually based on recent data. Below, I outline stocks and ETFs similar to QQQI, focusing on high-yield, monthly dividend-paying options, and calculate the investment needed to achieve your goal. I’ll also consider diversification and risks, as relying solely on high-yield investments can carry significant volatility or sustainability concerns.[](https://stockanalysis.com/etf/qqqi/dividend/)

Cannot beat that ^^

Key Considerations

- Investment Amount: To generate $12,000 annually, the required investment depends on the yield. For example, at a 12% yield, you’d need approximately $100,000 ($12,000 ÷ 0.12). Higher yields reduce the capital needed but may increase risk.

- QQQI Characteristics: QQQI offers high monthly distributions (around $0.61 per share) through a covered call strategy on Nasdaq-100 stocks, combining tech exposure with income. Its yield is 13.92%, but the strategy caps upside potential in strong bull markets.

- Risks: High-yield ETFs and stocks often involve trade-offs, such as limited capital appreciation, higher fees, or exposure to volatile sectors. Diversifying across asset classes (ETFs, REITs, BDCs, MLPs) and sectors reduces risk.(https://mydividendsnowball.com/how-i-made-1000-a-month-in-dividend-income/)

Stocks and ETFs Similar to QQQI

Here are investments with high yields and monthly dividends, similar to QQQI’s covered call strategy or income-focused approach:

1. JPMorgan Nasdaq Equity Premium Income ETF (JEPQ)

•    Yield: ~8.8%
•    Strategy: Like QQQI, JEPQ invests in Nasdaq-100 stocks and uses a covered call strategy to generate monthly income. It has slightly lower yield but similar tech exposure (e.g., NVDA, MSFT, AAPL).
•    Investment Needed: To generate $12,000 annually at 8.8%, you’d need ~$136,364 ($12,000 ÷ 0.088).
•    Pros: Tax-efficient distributions, strong tech holdings.(https://www.reddit.com/r/dividends/comments/1lfnmim/what_are_your_thoughts_on_qqqi/)
•   Cons: Lower yield than QQQI, caps upside like other covered call ETFs.

2. JPMorgan Equity Premium Income ETF (JEPI)

•    Yield: ~7.4%
•    Strategy: Invests in S&P 500 stocks with a covered call strategy, offering monthly dividends. Less tech-heavy than QQQI but more diversified across sectors.
•    Investment Needed: At 7.4%, ~$162,162 ($12,000 ÷ 0.074).
•    Pros: Lower volatility than Nasdaq-focused ETFs, reputable management.
•    Cons: Lower yield, less exposure to high-growth tech stocks.

3. NEOS S&P 500 High Income ETF (SPYI)

•    Yield: ~12% (based on similar NEOS strategies)
•    Strategy: Similar to QQQI but tracks the S&P 500, using covered calls for monthly income. Offers broader market exposure.
•    Investment Needed: At 12%, ~$100,000 ($12,000 ÷ 0.12).
•    Pros: Tax-efficient, diversified across S&P 500.(https://www.reddit.com/r/dividends/comments/1lfnmim/what_are_your_thoughts_on_qqqi/)
•    Cons: Slightly lower yield than QQQI, potential NAV erosion in volatile markets.

4. Realty Income Corporation (O)

•    Yield: ~5%
•    Type: Real Estate Investment Trust (REIT) focused on commercial properties, known for monthly dividends and stability.
•    Investment Needed: At 5%, ~$240,000 ($12,000 ÷ 0.05).
•    Pros: Stable, recession-resistant, long history of dividend increases.
•    Cons: Lower yield requires significantly more capital.

5. MPLX LP (MPLX)

•    Yield: ~7.4%
•    Type: Master Limited Partnership (MLP) in midstream energy infrastructure, paying monthly distributions.
•    Investment Needed: At 7.4%, ~$162,162 ($12,000 ÷ 0.074).
•    Pros: Stable cash flows, tax-deferred distributions.
•    Cons: MLP tax complexity (K-1 forms), energy sector volatility.

Recommended Portfolio

To achieve $1,000 per month while balancing risk and diversification, consider allocating capital across multiple high-yield investments.

Here’s a sample portfolio:

1. $QQQI: $30,000 (30%, ~13.92% yield, ~$4,176 annually)
2. $JEPQ: $30,000 (30%, ~8.8% yield, ~$2,640 annually)
3. $SPYI: $20,000 (20%, ~12% yield, ~$2,400 annually)
4. $HTGC: $20,000 (20%, ~13% yield, ~$2,600 annually)

- Total Investment: ~$100,000

- Annual Dividends: ~$11,816 (slightly below $12,000, requiring a small additional investment or DRIP over time)

This portfolio diversifies across covered call ETFs (tech and broad market) and a high-yield BDC, reducing sector-specific risk. Reinvesting dividends via a DRIP can compound returns, potentially reaching $12,000 annually sooner.[](https://www.dripcalc.com/?tkr=QQQI)

Risks and Notes

1. High Yields: Yields above 10% (e.g., QQQI, HTGC) often involve strategies like covered calls or leverage, which can limit upside or carry higher risk.
2. Tax Implications: QQQI and SPYI distributions may include return of capital, which is tax-efficient but reduces cost basis. BDCs and MLPs have complex tax treatments.
3. Sustainability: High yields may signal underlying issues (e.g., falling share prices). Research each investment’s fundamentals.

Alternative Approach

If you prefer lower-risk options, stocks like Realty Income (O) or quality dividend ETFs like SCHD (yield ~3.5%) require more capital (~$343,000 for SCHD) but offer stability and growth potential. For faster results, high-yield options like QQQI or HTGC are more capital-efficient but riskier.

Final Answer

To earn $1,000 per month in dividends, invest ~$86,207 in QQQI alone (13.92% yield, ~1,630 shares at $52.91).

Alternatively, a diversified portfolio of QQQI ($30,000), JEPQ ($30,000), SPYI ($20,000), and HTGC ($20,000) requires ~$100,000 to generate ~$11,816 annually, with DRIP to reach $12,000.

Consider risks, diversify across 20–30 holdings, and consult a financial advisor for tax and suitability advice.