To generate $100/month ($1,200/year) safely, you need a portfolio yielding ~8%.
Capital Required:$15,000
Don't have $15k? Start with $1,500 for $10/month. The math is the same.
The "Starter Pack" Portfolio
You want a mix of Stability (to protect your principal) and Yield (to hit the goal faster).
The 50/50 Split
50% SCHD (Growth): Pays ~3.5%. Grows your capital.
50% SPYI (Income): Pays ~12%. Supercharges your cash flow.
Blended Yield: ~7.75%.
1
Add SCHD to Tracker
Start with 1 share
2
Add SPYI to Tracker
Start with 1 share
Why Tracking Matters
The hardest part is the "Boring Middle." You buy shares, and nothing happens for 30 days.
By tracking your portfolio, you see your "Projected Annual Income" rise with every single share you buy. It gamifies the process. Buying a coffee feels like losing money. Buying a share of SPYI feels like getting a raise.
This article was last audited by our Research Team on 2026-01-10. We cross-reference all yield data with official prospectus filings and FactSet. Unlike automated screeners, we manually verify "Return of Capital" classifications to ensure your tax-efficiency data is accurate.
No Pay-to-Play
DivAgent does not accept payment from ETF issuers, fund managers, or public companies to feature their products. Our Risk Tier Ratings (Tier 1 to Tier 5) are mathematically derived from volatility and drawdown metrics, not editorial opinion.
*Disclaimer: This content is for educational purposes only. Dividend yields are backward-looking and heavily influenced by share price movement. Past performance of a covered call strategy does not guarantee future results. Always consult a generic financial advisor before making portfolio decisions.