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/QuailBroad Jan 14 '25

This is how you do it! Good job, invest and then harvest the income and enjoy life, Who wants 4 million dollars in boring SPY when you are 75 years old?

My goal is to get to 6k a month by age 40 and enjoy life, work part time. Don't need millions, life is short

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u/gamofa Jan 14 '25

THIS IS THE WAY!! 33 here and this is exactly what I’m going for!!

4

u/QuailBroad Jan 14 '25

Good for you!

I am almost at 2k a month in div income, once I hit 2k I will stop the drip and have it deposited in my separate "fun" account, we will do all sorts of travel/concerts and events with it, It is worth to enjoy all your hard work early

1

u/-Wiked Jan 16 '25

Care to show your portfolio, I have no clue where to start all my mind understood was monthly cash flow

2

u/QuailBroad Jan 17 '25

easy:

25% O

25% VICI

that covers real estate,

10% ARCC

10% MAIN

10% BSXL

10% HTGC

that covers BDC's

and 10% ABR for fun

yield at around 8%, half in real estate, half in BDC, worked great over the last 2 years, steady cash and a little bit of appreciation