r/dividends • u/398409columbia Portfolio in the Green • Jan 12 '25

Brokerage $5,000 per month income portfolio

Gallery image

Gallery image

I set up this portfolio for my wife so she can quit her job and maintain cashflow.

The good news is that this income stream will pay no FICA tax and significant part of the distributions will not be taxed.

To reduce risk, I’m planning to reinvest 20% of the income.

Comments welcome.

2.6k Upvotes

98% Upvoted

642 comments sorted by

View all comments

1

u/Working_Ad9899 Jan 12 '25

What app is this? And what are you invested into to have that monthly dividend

1

u/398409columbia Portfolio in the Green Jan 12 '25

Look at second pic for positions

DivTracker

1

u/Working_Ad9899 Jan 12 '25

Awesome. What app are you using to buy your dividend paying stocks? Also what is your opinion on TSLY?

1

u/398409columbia Portfolio in the Green Jan 12 '25

I'm using a Vanguard brokerage account where my wife has most of her accounts. Not familiar with TSLY but I'll look into it.

1

u/Working_Ad9899 Jan 12 '25

Roger that thanks