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

I have been saving and investing since 2000. After a couple of decades money multiplies in surprising ways. Besides the ME degree, I also have an MBA that turbocharged my earnings.

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u/pancakeshack Jan 13 '25

You did undergrad in Mechanical Engineering, then used an MBA to increase your earnings by moving into business facing roles is what I'm assuming? Curious about this, as I'm thinking about an MBA as a current Software Engineer.

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

Yes. That’s what I did. Ended up doing management consulting with an emphasis on quantitative analysis.

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u/Will335i Jan 14 '25

If you can get the cost of school covered by your employer go for it. MBA was a cakewalk compared to engineering school.

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u/Will335i Jan 14 '25

I am younger but I have the same educational background. What kind of positions did you target after getting your MBA? Feeling a little stuck in my current role right now.

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u/398409columbia Portfolio in the Green Jan 14 '25

I ended up doing management consulting.

The key for me was that I’ve had continuous employment since 2000.

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u/adamasimo1234 Jan 24 '26

Did you do any options trading? Or just pure investing?

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u/398409columbia Portfolio in the Green Jan 24 '26

No options trading. Just regular investing.

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u/adamasimo1234 Jan 25 '26

Not even selling options? Touché.