34-Year-Old Making $3,400 a Month in Dividends Shares His Top 7 Stocks — 'Be Lucky and Save Relentlessly'

President Donald Trump's announcement on Wednesday of a 90-day pause on tariffs against America's trading partners gave the market a short-lived relief. Experts believe market volatility is expected to continue as Trump raised duties against China to 145% after Beijing responded with retaliatory tariffs. In this environment, investors are flocking to quality dividend stocks for downside protection.

Data from S&P Global shows from Dec. 31, 1999, to March 31, 2022, when the market was down, the S&P High Yield Dividend Aristocrats outperformed the S&P Composite 1500 by an average of 140 bps per month.

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Last month, an investor from Germany shared his income report and portfolio details on r/Dividends, a Reddit community with more than 700,000 followers.  The screenshots shared by the investor, 34, showed his monthly dividend income stood at €3,120 ($3,490). He said a part of his wealth came from inheritance.

"I make about 10k net with salary, business and capital gains," he said.

The investor also urged Redditors to save and keep costs in control.

"Be lucky – success in investment is mostly no function of work dedicated towards it. Save relentlessly. It might sound simple but putting aside 1,000 EUR per Month is 12k per year, putting aside 3, 000 EUR per month is a quite considerable 40k."

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Let's take a look at some of the key holdings in the portfolio.

Global X Nasdaq 100 Covered Call ETF

Global X Nasdaq 100 Covered Call ETF QYLD is a notable ETF that earns money by selling covered call options on the Nasdaq-100 Index. The fund was started in 2013 and has since paid monthly income to investors. The fund yields about 13%. Some of the top holdings of the ETF are Apple AAPL, Nvidia NVDA, Microsoft MSFT, Amazon AMZN, and Broadcom AVGO.

Vanguard FTSE All-World High Dividend Yield UCITS ETF 

The Vanguard FRESE All-World High Dividend Yield ETF focuses on companies that pay higher-than-average dividends, excluding REITs. JPMorgan JPM, Exxon Mobil XOM, Procter & Gamble PG, Johnson & Johnson JNJ, Home Depot HD and AbbVie ABBV are among the fund's top holdings.

Vanguard FTSE All-World UCITS ETF 

Vanguard FTSE All-World ETF tracks the FTSE All-World Index and gives investors exposure to large- and mid-cap companies in the developed and emerging markets. 

Over 60% of the fund's portfolio is allocated to US stocks

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Deutsche Telekom

German telecommunications giant Deutsche Telekom was a part of the portfolio of the investor making about $3,400 a month in dividends. The investor said the company was among the "superb" performers for him and accounted for a "considerable" part of his portfolio. Deutsche Telekom has a dividend yield of about 2.6%. 

Allianz

Germany-based financial services and insurance company Allianz has a dividend yield of over 4%. The stock has gained about 21% so far this year.

Amazon 

Amazon AMZN was among the non-dividend-paying stocks in the portfolio. The e-commerce giant's shares have lost about 13% in value so far this year amid broader market uncertainty. 

Nike

Nike NKE has a dividend yield of 2.7%. The stock is getting clobbered this year, down 20% through April 10, amid Trump's tariffs on imports from Asian countries. A major chunk of the company's products are manufactured in Vietnam. 

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