TeeJay Tech Bro

  A million dollars parked in the S&P 500 today throws off roughly $13,000 a year in dividends at the index's 1.3% yield. That is the cash payout an index investor with seven figures actually collects, before taxes. A smaller portfolio built around monthly-pay REITs, a business development company, and a couple of high-yield anchors can more than triple that number using a fraction of the capital. Here is the math and the tradeoffs at each yield tier, using an income target of roughly $40,000 per year. The Conservative Tier: 3% to 4% Yield This is the dividend-growth zone occupied by broad funds like the Schwab U.S. Dividend Equity ETF ( NYSEARCA:SCHD ) and net-lease operators such as Agree Realty ( NYSE:ADC ). SCHD holds concentrated dividend payers including QUALCOMM at 6.7% of net assets, Texas Instruments at 5.9%, and UnitedHealth at 5.1%. Agree Realty pays $0.267 per share monthly, operates 2,825 properties, and yields about 4.1%. At a 3.5% blended yield, replacing $40,0...

  SpaceX ( SPCX ) will report highly anticipated second quarter results on Tuesday after the bell — its first report as a public company — which comes as the stock has been in a free fall.  SpaceX stock has shed nearly 30% from its $150 market debut last month and remains down roughly 50% from its all-time high of $225.64. With earnings on tap, investors will be looking for a catalyst to reignite the stock. SpaceX stock has started the week on a higher note ahead of tonight's report, closing up on Monday and climbing higher in the pre-market. While earnings could be a catalyst for a stock, a big overhang still looms. "[On Tuesday afternoon] SpaceX🚀 (SPCX: NASDAQ) reports as a public company for the first time, and two days later, Aug. 6, its lockup frees hundreds of millions of insider shares — roughly triple the current tradable float," Epistrophy Capital's Cory Johnson wrote in a client note. The lockup expiration will free up to 20% of shares for sale, and investo...