Dividend Allocation Feedback
48M (family of 5) - seeking feedback on my taxable dividend producing account.
SCHD is my anchor with a target of being 25% of the total account (currently a bit behind this target). My goal is to build this account up so that it's producing about 3,000 USD a month (this is about how much we currently need to pay all of our bills + taxes per month).
I have a separate IRA account with growth funds like VOO. The account in the screenshot is specific to income producing funds/stocks. My main concern is diversification and ensuring that I am getting exposure across multiple sectors, but not too exposed in any single one. I know that GPIQ and QQQI are very close to the same thing so may look at exiting one of those.