저자: 박 · 한국인
요약 보기
고배당 ETF(SCHD 등)와 커버드콜 ETF를 조합해 연 약 15% 배당 수익을 얻는 포트폴리오를 소개. 월 350만원 생활비를 위해 약 13억원 필요, 배당소득세·종합소득세 문제와 ISA 계좌 활용(연금저축 이전 등 절세)을 설명. 나스닥 커버드콜은 원금 잠식 우려와 수익률 격차를 언급. 현재 ISA 평가액 약 1.6억원, 배당 포함 수익률 약 33%라고 주장.
다듬은 글
You are receiving a dividend of 5 million won every month, are n't you? Could you please introduce your portfolio in a little more detail? The stock I am recommending allows you to receive a dividend yield of about 15% while also capturing some stock price appreciation. Including dividends, it is showing a return of about 33%.
And there is a way to maximize the detergent discount. It also does not affect comprehensive income tax or health insurance premiums at all. This is actually the ultimate tax- saving strategy, and many of the people watching videos are generally curious about how much money is needed to live off dividends .
As someone who has achieved FIRE based on dividends, how much investment capital would realistically be needed to fund your FIRE in your 40s by receiving dividends? Ah, but this is a very difficult question. Because it is difficult, but it is also the question people are most curious about . yes . yes.
you're right. However, since individual spending habits vary and family structures differ—whether you are a one-person household or a four-person household like mine—I cannot give you a precise figure for exactly how much you need. But generally speaking, assuming an office worker earns about 3.5 million won in monthly cash not from earned income but from dividends, and you plan to " FIRE" once you are prepared to that extent, with a payout ratio of around 3 to 4%, if you were to generate that 3.5 million won in monthly cash using a certain type of investment, you would need about 1.3 billion won.
It means that I need a lump sum of 1.3 billion won to generate a monthly cash flow of about 3.5 million won using the dividends from Shud, but in the case of Shud, the current dividend yield is a bit less than 5%. It is at that level because the stock price has dropped a bit right now, but on average, it is about 3 to 4%.
yes. I believe it is almost impossible for an ordinary office worker to save 100 million won . Therefore, I believe that appropriately mixing the various high-dividend products or covered call products currently being released to shorten this period is a realistic solution that helps office workers.
If you look behind me, you will see Plans 3 and 4 . If you look here, I did n't simply construct the portfolio using only SUD; I also included some of my PQ, which yields over 10%, and by mixing in some of the MVDY, which is a high-dividend, yield-maximum product, you can definitely reduce the size of the required assets .
So, if you form a portfolio like this, even if you currently hold about 400 to 500 million won in cash, you can shorten the time it takes to fire, although the weighting of the stocks may vary depending on the investor's propensity. So, I would say that using supplementary products like this would be very helpful .
Hey, but seriously, if you look at Option 4, it's 320 million right now, isn't it? But the point is that for those who understand this financial product and are prepared to respond to the volatility to some extent, it is possible to generate about 3.5 million won per month with just this kind of portfolio .
Stocks are risky assets, and no matter how much you look at dividend stocks or ETFs, they are still stocks and therefore risky assets; however, it seems that even within these risky assets, the risk-return trade-off is currently manifesting very precisely . So, to minimize the risk, you need to receive a large sum of 3.5 million won, and if you receive about 42 million won in dividends annually like that, how are the taxes handled?
There is a part regarding taxes that people are most curious about and most afraid of. For example, if I put in 1.3 billion won—even though I don't actually have 1.3 billion won—and receive a dividend of 3.5 million won, it is an overseas product anyway. Right ? Then, I will receive about 42 million won to use for living expenses .
Then, how should I pay the tax on this ? I get a lot of questions about taxes, and whenever I upload videos about them, that is the most common topic of discussion in the comments . You ask why I invest in dividend stocks when receiving over 20 million won in dividends makes me subject to comprehensive income tax, and there is more to pay out after paying health insurance premiums [clears throat], but if you actually look into it, the return is n't that high compared to what you might expect.
yes . The reason for this is that, in the case of dividend stocks, we receive the dividends after a dividend income tax of 15.4% is withheld . Then, if the amount withheld by me is greater than the comprehensive income tax, I don't have to pay any more tax. hmm. hmm. I have already paid more in dividend income tax, so I don't have to pay any tax on the address .
So now, the point is, how much dividends do I actually need to receive annually for the comprehensive income tax to increase more than the dividend income tax? That is the case when considering an annual amount of about 72 to 80 million won, including the received dividends . yes. If I receive about 72 to 80 million won in dividends, from that point onward, dividend income tax will naturally be withheld, but comprehensive income tax will be incurred.
Since the dating amount is between 72 million and 80 million won, you can actually start worrying about taxes from that point on . 7,200 in annual dividends is, of course, before tax, but it is still a month. That is not a small amount of money, and depending on how you structure your portfolio, you need to accumulate quite a lot of assets to generate a monthly dividend of about 6 million won.
So until then, just focus on significantly increasing your dividends, and you don't have to worry about taxes afterward. Save up the money and then worry. From now on, because of that, ah, so I'm not doing it. Don't say things like that. Yes, you did it. Dividend investment experts typically receive a 4% dividend yield, so asset values do not fall and grow steadily.
So, I heard there is something called the 4% rule, but Mr. Park said he does not follow the 4% . Why is that? Actually, the 4% dividend strategy is a strategy that came out quite a long time ago. But in this market where tech stocks are leading these days, it is actually not easy to keep up with inflation with a 4% dividend yield.
And back when the strategy was stronger, it was established as a system where employment was somewhat guaranteed until age 60, so the plan was to actively generate earned income within that framework and then save up retirement funds for the 25 or 30 years after retirement. However, recently, there are many people in their 40s and 50s retiring, and if you adopt a strategy of accumulating retirement assets based on the 4% rule, it actually becomes very difficult to cope when that time comes.
That is why I advise you to set up a slightly more proactive dividend strategy rather than just a 4% dividend strategy, and typically, dividend stock investors often talk about Shud. However, the problem I want to point out with SUD is that, first of all, if you are in the stage of accumulating assets with SUD, I mentioned earlier that the dividend yield is about 3 to 4%, but honestly, it is difficult to feel the fun of accumulating stocks just by receiving those dividends.
For those who collect dividends, how many dividend stocks have you usually collected so far? How much did you save? And the dividends came in this month, and it increased by this much next month. You're just busy collecting for the fun of it, I guess . Take it. yes . But it requires too much money to enjoy the process of saving.
Shudro, for me to grow my assets somehow. For example, let's say I have 100 million won invested in Shud. If I calculate the monthly dividend after taxes, it comes out to about 280,000 won . But with that amount of dividends I receive, it is a bit difficult to feel like my assets are growing or that my dividends are increasing .
So, I consider this to be a bit of a disadvantage of Hud, and the second is for retirees whose assets are mostly composed of Shud . When you mentioned the FIRE movement, this strategy might be able to exert some influence when stock prices fall, but the stock market has risen significantly over the past 10 years .
In this situation, it is quite difficult to keep up with the market's rise . So, rather than simply using a product with a 4% dividend yield to prepare for resignation or going all-in on a single investment, considering the recent launch of various covered call products and high-dividend products that offer stable dividends, would n't it be possible to create a portfolio that manages volatility to some extent and allows for upward asset growth by incorporating these?
I recommend operating a mixed bricklaying yard . Now that you mention that, I also saw that you had said on the channel that the first-generation covered call products were kind of trash . In reality, covered calls have been unable to avoid criticism that they erode the principal. Given that you mentioned there are currently covered call ETFs that offer steady stock price growth, price protection, and high dividends, which ETF would be the "monster ETF" that captures both growth and dividends?
Uh, the stocks I am recommending are covered stocks that track US indices . So, regarding US indices—the S&P 500, Nasdaq, and Dow Jones—I am recommending products that track these three. To name the products, I recommend the TIGER US S&P 500 Target Covered Call, the Target US Dividend Dow Jones Target Covered Call, and the KODEX US Dow Jones Back Nasdaq Back Daily Covered Call.
If you mix these three stocks appropriately, you can receive a dividend yield of about 15% while also capturing stock price appreciation . So, if you look at the graph, since we are currently investing in the index, we compared the growth rate of the covered call product with that of the index. However, in the case of SMP 500 and Daozone, there is actually not much difference.
You can view this as closely tracking the movements of the underlying stock. Therefore, you can consider these products as having overcome many of the shortcomings of covered call products from the past. In the case of the Nasdaq, while covered call products may yield about 9 percentage points lower returns compared to the underlying stock, this is an inevitable characteristic resulting from the inherent volatility of the stock .
So, if you don't like this kind of volatility, the actual dividends come out, you know. How much does it come out to? US Nasdaq Daily Covered Call. In the case of this one, the distribution rate is a bit high, so it comes out to about 20%. Then well, actually, Daily Covered Call is better. So, this is the TR yield including the distribution.
So, when I combine the valuation of my principal and the distributions, how does it differ from the underlying index? The US Codex and US NASDAQ 100 are also high at around 14%. Yes, that is correct. So the stock is about 9.14 points higher. However, since this occurs due to NASTA volatility, if you prefer not to do so, increasing the weight of covered calls that track the SP 500 or the Dow Jones allows you to stably track stock price movements .
The National Statistical Office announced that the appropriate cost of living for retirement is 3.3 million won . Well, actually, it’s a bit difficult to say exactly because it varies greatly from person to person, but Mr. Park, you are receiving a dividend of 5 million won every month, are n't you?
Actually, could you introduce your portfolio in a little more detail? You did tell me earlier, yes. Currently, dividend stocks that generate cash flow account for about 70% of my portfolio . The remaining 30% or so consists of index products. So, in the case of dividend stocks, JPQ accounts for about 75% of the portfolio combined with covered call products that track US indices and covered gold products that track the NASDAQ, which invest directly in the US.
The remaining 15% is made up of high-dividend stocks, and the remaining 10% is composed of the Korean version of SPY, JPQ, and SPY . So, in my case, since I was earning a very ordinary office worker's salary, my biggest problem was that whenever I received my paycheck and used it for living expenses for a family of four, I always lacked funds for investment .
So, I started by thinking about how I could slightly increase my monthly cash flow, and that is why I chose high-dividend stocks . So, instead of using the dividends from this high-dividend stock, I reinvested them in other dividend stocks and index investment products, which allowed me to grow my assets.
Currently, since my goal is to maintain the stability of dividends, I am gradually reducing my exposure to high-dividend stocks while increasing my investments in covered calls and index products that track U.S. indices. So, when I say that investing in high-dividend stocks is a bad idea, there are many people who say it is definitely not a good idea, but I believe that every stock has its advantages and disadvantages .
So, I believe that actively utilizing my strengths is the most important factor in growing my assets. If I select the stocks that are suitable for my current situation and invest for the long term, I think that is actually the best way for me to achieve the highest returns. So, I think the most important thing is to choose the right sport for yourself .
hmm. Recently, when semiconductor stocks were undergoing a correction or performing well, people questioned why dividend yields were even an issue. However, as you mentioned earlier, recently, this can vary depending on one's investment direction and tendencies . You shared ISA account returns and dividend management strategies on the panel.
Since most of our subscribers are already managing ISA accounts, could you share some tips on how to maximize dividend yields ? Uh, first of all, there are two main ways to manage an ISA account . One method is to maximize tax benefits by canceling and re-enrolling every three years, and the other is that if you are currently subject to comprehensive income tax, it is actually impossible to cancel and re-enroll.
And since time-limited warrants are also impossible, there is another way for these people to maximize tax benefits by holding onto it for the long term. So, in my case as well, since I am currently subject to comprehensive income tax, I will explain it to you from the perspective of a long-term holder .
Since there are many people who want to receive a dividend of 20 million won, pay comprehensive income tax, and then either quit their jobs or live the FIRE lifestyle, if I were to explain some ways to maximize efficiency for long-term holding from this perspective, the first point is that one of the characteristics of an ISA is that the principal amount is fixed.
So that I can deposit a principal of up to 100 million won. Yes. From a dating budget of 20 million won, the maximum amount you can contribute over a period of up to 5 years is only 100 million won. That is why I cannot make additional payments even if I want to. So, in my case, I purchase covered call products in this ISA account and use the dividends generated from those stocks to make additional purchases.
So, since I can grow my seed capital as much as I want, I am purchasing some Cover Do Gold products. As for the second point, there are three types of tax-saving accounts, you know . There are pension savings, IRPs, and ISAs, and among these three, this is the only one where I can withdraw the money whenever I want .
You can withdraw distributions, and of course, you can withdraw within the limit, but since this pension savings or ILP is locked-in capital, you can't touch it, right? Until the pension begins. However, since ISA allows you to withdraw money whenever you want, for people like me who need monthly cash flow, there is an advantage in using a Covered product where you can withdraw money whenever you want and also receive tax benefits.
And third, in an ISA account, purchasing overseas covered call stocks rather than domestic covered call stocks provides significant tax benefits. There is absolutely no need to make a transaction already. So, the third point is to purchase domestic covert call products that track these U.S.-listed stocks in your ISA account, and the fourth point is actually the most important.
This is actually the ultimate tax-saving strategy. If you cancel your ISA, you can transfer the generated amount or the funds you have accumulated to a pension savings account or an IRP account . But there is no limit on the transferred amount. Furthermore, it does not affect comprehensive income tax or health insurance premiums at all.
Since it is an amount that has not been received, there is an advantage in that you can withdraw it without any restrictions when you start receiving your pension after you turn 55 . So, I actually believe that this is the order in which you can receive the greatest tax benefits within the current tax-saving system .
Therefore, since it is an expense fund that does not affect medical expenses at all and is exempt from comprehensive income tax, if you save up your funds well and later close your ISA account and transfer them to a pension savings account, it will help you have a comfortable retirement and allow you to receive many tax benefits.
So, as long as I meet the criteria well and have a secure retirement, even in my case, I am currently mainly managing index-tracking covered call products in my EJ ISA account. So, as of now, the valuation is about 160 million won, and including dividends, it is showing a return of about 33% . Actually, compared to the principal stock, the rate of return might be slightly lower, but since I am receiving stable monthly dividends, I believe it will have a significant effect on growing my assets over the long term. hmm.
Comments 0