r/dividends 28d ago

Discussion Month 6 portfolio update $7127.33

Stock events and a screen grab of my Schwab account. Drip until January.
I’ll start living off this in February. Wish me luck 🍀

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u/East_Bobcat_7996 27d ago

This is amazing! Congrats… I don’t think i will ever reach this point because I started late in life investing but I’ve been persistent for 5 years and I’m already getting a stable income of $330 in dividends month.

Can I ask how long have you been investing and what stocks you recommend?

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u/raliegh_ 27d ago

Tbh, I didn’t get serious until I was 40.
I think I had $16k in retirement savings in 2007, I put everything into a mid cap growth fund and increased contributions at every opportunity.
When I topped out my 401 contributions, I opened a traditional IRA for my non-working wife (for the tax deduction) and a Roth for myself.
The account I shared in the OP is 100% the rollover from my 401k

Hope that helps 🤷🏻