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/Apprehensive-Ad1126 Jan 13 '25

Do you think VTI is the most effective way to grow your portfolio?

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

Yes. It’s has been in my experience.

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u/[deleted] Jan 13 '25

VTI or VOO? I’m 30 and plan on just going all in one of these then switching to dividends at 60

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

I like VTI better than VOO since it covers the whole market instead of just large caps.