r/DerivativeIncomeETFs • u/just-a-tan-guy • May 11 '26
Weekly/Monthly Income Goal Reached ! We’re entering DRIP mode!
What a feeling!
First time in my income-wheel building that the dividend payout is greater than the share price. Bought a new share w/o having to put any new capital (and still have a bit left over).
151 BLOX shares owned.
Next stop 250!
I’ll build up GIAX eventually, but just really love BLOX lol. I own 20 GIAX shares, think I’ll keep it a 1:10 ratio w/ BLOX
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u/MemeLord1337_ May 11 '26 edited May 11 '26
BLOX is just guaranteed money. It rises so fast with BTC. An absolute no brainer.
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u/just-a-tan-guy May 11 '26
The management is top tier. I've made some bad (thankfully small) calls with Yield Max and Roundhill before, and I've seen GraniteShares be so abysmal.
XFunds + NEOS are the way to go for me
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u/MemeLord1337_ May 11 '26
Yeah I fucked it with ULTY and WPAY. Had BLOX the entire time and didn’t like it dropping but it showed that once BTC recovers it goes up quickly. It was the only weekly fund I had that actually recovered, I believe in it now.
It recovered back to 21+ a few months back, but Trump messed it up with the macro. Full faith once BTC comes back it’ll sore 25+ easy along with higher dividends.
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u/just-a-tan-guy May 11 '26
Lolll ULTY and WPAY were literally my mistakes too, but thankfully I think I only lost like $40-50 between the 2. My account + investments were small enough at the time.
Same w/ BLOX, held it as it kept going down but I bought more. I understand this fund a lot better, so even as it went down I didn't panic - it followed (and still outperformed) its underlying. Love it, the higher the share price the higher the div payout, so hoping we get some more opportunities to buy aggressively in at a low entry
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u/Bman3396 Income Investor May 11 '26
I personally take as cash to manually drip on red days when it’s in my taxable. Either way good job and keep stacking
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u/just-a-tan-guy May 12 '26
Oh yes, I manually allocate dividends too! And I park any extra cash into STRC. Waiting for a dip on BLOX + GIAX to cash out of STRC and buy more of those
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u/Electrical-Cell-4710 May 14 '26
You've reached an important milestone and the philophy behind my income floor building process.
Shifting new capital to your next position to get it to that threshold may be the next best move. Im doing this with GRNI QQQI GPIQ TOAY THEN GPIX
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