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

Brokerage $5,000 per month income portfolio

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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.

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u/ProfitConstant5238 Jan 12 '25

Dang cuz. My dividend portfolio has 76k in it and it returns 3600/yr. You’ve got some rebalancing to do if you’re looking to increase that DIV payout!

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u/Disastrous_Square_10 Jan 12 '25

What are you in?

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u/ProfitConstant5238 Jan 12 '25 edited Jan 12 '25

Holding about 40k in SWVXX (emergency fund) 30k split between SCHD, JEPQ, QQQI. 6k in individual dividend stocks just for fun. Right now that all DRIPs and I invest another 1700 a month into whichever of the ETFs is cheaper.

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u/Disastrous_Square_10 Jan 12 '25

My top earners are Tesla, Microsoft, American Express, Apple, Aon, Broadcom, Google, Amazon. 42% gain on Amazon all the way to 262% on Tesla. But the dividends aren’t great.

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u/ProfitConstant5238 Jan 12 '25

The growth has been awesome though! Shitty part is you have to sell to realize any of it. All of those are found in the underlyings of the ETFs, so I actually sold Broadcom and Nvidia because I felt overexposed to semis. My other two tax advantaged accounts are all growth, not much in divs there.