I am 32, no kids, but great girlfriend (we were at the meet-up) and have a saving quote of 50% and put mostly through IB in VT and VTI (besides VIAC in 3a pillar). So I am very comfortable with my portfolio. I can say I have done my homework. I like my simple and “dont have to worry about”- portfolio. I like the FIRE concept even though I really like my job. So FIRE for me is more about having an option to stop working at 55 and retire early or even never sell VT/VTI, live from the dividends.
However, getting rich the slow way through yearly investing in VT and VTI is quiet boring.
So I allowed myself some “Fun Money” where I can invest in single stocks, crypto, in lottery tickets or whatever the heck I want.
So I put 2% of my yearly income in this “Fun Money account”
For next year I want to preferably invest in a high-dividend indexfund or in a single stock which pays high dividends (like 5-8%). The idea is to have a yearly passive income which I can use for whatever I want (go and eat at luxury restaurants, buy gifts and give it to family and friends, play black jack or just reinvest it. I know in Switzerland from a tax perspective it doesnt make any sense to have this. But for me it is about pychology. I like to have a small amount of instant gratification yearly and get a reward for putting in the work.
My Research so far:
There has been an utility indexfund which dividended last year 10% but its value is decreasing for the last 10 years. So in the end they are just paying you your own money back.
Vanguard High Dividend Yield has around 3.3% dividend. 1% more than VT/VTI isnt worth it. Than I rather put it in VT/VTI.
ZURN - single stock of Zurich insurance dividends 6% yearly (Swisscom stock is similar). I like the high yield but is the high risk of single stock worth it? I am not sure if they still exist in 30-50 years. Indexfunds however will, right?
tldr: with my Fun money buy Indexfund, never sell and use dividends for more fun.
Do you guys have any recommendations for a high-dividend indexfund or any more ideas to make my plan work?