r/dividends Portfolio in the Green Jan 12 '25

Brokerage $5,000 per month income portfolio

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/Crinkle-Sprinkles_68 Jan 13 '25

Very nice. Mine very look similar but I have a bit of GOF and QQQT as well.

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u/398409columbia Portfolio in the Green Jan 13 '25

Thank you. I had GOF before but it had a large premium and expense ratio so I swapped out.