I am in a dilemma. I want to be able to have around $600 a month in dividends. The options are either I invest in an ETF such as SPYI and QQQI (which is taxable at progressive rates) or else I invest in a growth ETF and withdraw an amount every year as a capital gain (which is tax free in my country).
From a tax point of view the capital gains make more sense but then I can’t understand how it will work. Do I need to reinvest some of it to be able to withdraw every year. I’m 35 years old and plan on reducing some of my working hours next year so I have a long way ahead.