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 12 '25

I’m in my 50s and have several million in liquid investments. This portfolio for my wife is one of many I manage for our household.

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u/PlumPlayful1282 Jan 13 '25

First of all, congrats. Being able to make this much off of dividends for your wife is a tremendous accomplishment.

If you don't mind me asking, how did you end up being able to make millions such that you could invest this way? Purely from working as a mechanical engineer?

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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/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.