ilmscore | $40,000 Roth IRA Passive Income

$40,000 Roth IRA Passive Income

Published: 2024-02-15
Status: Analyzed

Predictions from this Video

Total: 3
Correct: 1
Incorrect: 2
Pending: 0
Prediction
Topic
Status
With a $1.1 million portfolio (from S&P 500 funds) and a 1.5% dividend yield, one will receive approximately $17,000 in dividends annually.
"since the dividend yield is around 1 5% this means that you'll get around $177,000 of dividends every year"
Passive Income
Incorrect
With a $1.1 million portfolio, applying the 4% rule will allow one to collect around $46,000 per year.
"if you use the 4% rule you can sell a percentage of your assets and collect around $46,000 a year"
Passive Income
Correct
Selling covered calls on an investment portfolio (like the predicted $1.1M) can generate around $5,000 per month.
"you can sell cover calls as income... and collect around $5,000 a month"
Passive Income
Incorrect