We've reached yet another milestone 💚💚💚

With the big dividend payouts in September we have reached a new high of 1253.28$ for 09/2024. This marks the second time (after 06/2024 were I've reached a >1000$/month in dividend payment outs. 💰 I couldn't be happier, especially since this portfolio is only 10 months old.

For those you read my recent posts and are aware of my goals for this year and beyond, but here is a quick reminder.

My initial goal for 2024 was to have about 400$/month, when I saw how things progressed, I updated that to 500$/month, but looking ahead we are expected to end up with more than 800$/month, which would simply be insane. (TTM >650$/month)🤪

(For clarification I don't calculate that as TTM, but rather as the average of trailing 6 months, trailing 3 month, future 3 months, future 6 months. This is simply because I am still building my positions aggressively so that the trialing months significantly under-represent the status quo. I am aware of the uncertainty of future dividend payouts, which is why they are approximated conservatively. )

At the moment the total value of the portfolio stands at just above 170k$ with the plan for >180k$ end of 2024

>270k$ end of 2025

>370k$ end of 2026

I also decided to sell off one property and throw most of the money into the marker. If that happens the above number will be updated with my next post. I did lose my job recently, but hope something else comes up rather shortly, fingers crossed. 🤞This obviously also affects my investments.

My overall goal is to consistently have 4k$/month at my disposal for retirement (ideally without dipping into the principal of the investment). About 2k$/month will be provided by rental income and thinking that I will be more than one third to the 2k$/month needed from dividend payouts by the end of the year gets me very giddy.

This is the list of all dividends for this month:

$MAIN 21.81$

$MAIN 26.70$ (special dividend)

$JEPI 124.34$

$JEPQ 117.50$

$SPYI 102.43$

$QQQI 68.05$

$O 104.41$

$SPLG 67.10$

$SCHD 620.95$

________________

Total: 1253.28$

I also did some changes to the portfolio in minimizing the positions I hold.

I sold $MAIN (-0.58%) , $EPR (-0.96%) , $EPRT (-2.33%) and $VICI (+0%) not really because I don't thing they are good companies, but rather to stock up on securities I surely want to hold forever ($SCHD , $O (-0.39%) and $SPLG ) with some cash flow options like $QQQI and $SPYI sprinkled in for good measure.

I am sure there will be people saying that judging from that list, the portfolio is too conservative... and I would somewhat agree with you, but my objective is to build mainly a dividend portfolio that will consistently help with my expenses in retirement.

That being said, I am planning on expanding my $SPLG and $SCHD positions as well as adding to my cash for a potential market downturn so don't judge me too harshly.😜

Happy investing 📈, happy compounding💸!

#fire
#retirement
#financialfreedom
#dividends
#compoundeffect
#nextstop250k$

#1000dividendspermonth

Another milestone reached, and this one is HUUUGE! 💚💚💚

With the very unexpected dividend increase from my favorite dividend ETF $SCHD to 0.8241$/ share for the second quarter 2024, I've reached a 1000$/month in dividend payments for the first time ever. 💰 I couldn't be happier, especially since this portfolio is only 7 months old.

For those you read my recent posts and are aware of my goals for this year and beyond, but here is a quick reminder.

My initial goal for 2024 was to have about 400$/month, when I saw how things progressed, I updated that to 500$/month, but looking ahead we are expected to end up with more than 600$/month, which would simply be insane. 🤪

(For clarification I don't calculate that as TTM, but rather as the average of trailing 6 months, trailing 3 month, future 3 months, future 6 months. This is simply because I am still building my positions aggressively so that the trialing months significantly underrepresent the status quo. I am aware of the uncertainty of future dividend payouts, which is why they are approximated conservatively. )

At the moment the total value of the portfolio stands at just above 130k$ with the plan for >160k$ end of 2024

>270k$ end of 2025

>370k$ end of 2026

My overall goal is to consistently have 4k$/month at my disposal for retirement (ideally without dipping into the principal of the investment). About 2k$/month will be provided by rental income and thinking that I might be one third to the 2k$/month needed from dividend payouts by the end of the year gets me very giddy.

This is the list of all dividends for this month:

$AGNC (+0.91%) 37.32$

$EFC (-1.46%) 17.81$

$EPR (-0.96%) 19.10$

$MAIN (-0.58%) 21.36$

$MAIN (-0.58%) 26.70$ (special dividend)

$JEPI 112.04$

$JEPQ 94.89$

$SPYI 51.02$

$QQQI 25.56$

$O (-0.39%) 73.76$

$SPLG 44.34$

$SCHD 544.73$

________________

Total: 1068.63$

I am sure there will be people saying that judging from that list, the portfolio is too conservative... and I would somewhat agree with you, but my objective is to build mainly a dividend portfolio that will consistently help with my expenses in retirement.

That being said, I am planning on expanding my $SPLG position as well as adding $QQQM to the portfolio at some point in order to participate in some of the growth potential that technology and market leaders offer so don't judge me too harshly.😜

Happy investing 📈, happy compounding💸!

#fire
#retirement
#financialfreedom
#dividends
#compoundeffect #nextstop250k$

#1000dividendspermonth

DCA-ing into this little beauty, as I decided hold off on adding to $JEPI ...

Good decision? 🙄🤷

This will bring my monthly dividend payments for $SPYI to about 50$. 🙂

Happy investing, happy compounding!