May. 26 at 9:37 PM
$QQQI I got my sister in this. Initially only 9,000 shares. Dividends are awesome, so we increased that to 21,000 shares. Her monthly dividend for May was
$1,365. Makes me look real good in her eyes as she sold her house and moved in with me and my wife. She is 67 and had
$320K to her name. We kept all but
$275K in her savings for living expenses and I invested her
$275K in January. Her portfolio is now over
$335K. IOVA is her only nonexistent.MF stock and she is up
$65K in that. But her largest MF holding is in QQQI. Love those monthly dividends. I have them being automatically reinvested in more shares of QQQI and so far the sky is the limit. IOVA will make her a notified millionaire. QQQI will provide outstanding cash flow for living expenses if and when she blows the cash in her savings. And no, I don’t charge her rent…just electric/gas ( she likes the AC too much) and internet/cable ( she likes her shows). It works out.
