Building Wealth For Financial Independence
Updates on a stock portfolio with the goal of $500 per month of passive income
Monthly Portfolio Update: October 2026 This is my October 2026 update on the income portfolio. Each month I set out the holdings at cost, the distributions the portfolio received, the changes I made and the news from the holdings. Portfolio goal The portfolio is built to pay a monthly income that grows over time. Distributions … Read more
Here’s my income share portfolio I now manage in August 2026 with what’s in it, what it earns, and where I think the weak spots are. I’ve put everything in dollars rather than percentages wherever I can. The overview I have eleven investments worth roughly $602,000 in total. Between them they pay about $4,100 a … Read more
Portfolio Goal The objective of this portfolio strategy is to generate sufficient passive income to fully cover my essential living requirements—including utilities (electricity, water & sewer), property maintenance, gardening services, health insurance premiums, and fundamental nutritional needs. Having successfully eliminated mortgage obligations several years ago, I’ve positioned myself advantageously for this passive income approach. My … Read more
Portfolio Goal The first goal of this portfolio is to earn enough passive income to pay my basic expenses such as electricity, water & sewer rates, basic house maintenance, gardening, health insurance, basic food etc.My basic living expenses are currently around $30,000 per year and I’m fortunate to have paid off my house loan a … Read more
Portfolio Overview: June 2024 The month of June marks a significant turning point for my dividend portfolio, with several strategic transactions and continued growth in passive income. My total portfolio value now includes substantial cash reserves following the complete liquidation of MOT and MXT positions, providing ample capital for redeployment into dividend-generating assets in the … Read more
Shifting Focus to High-Yield Private Credit and Strategic Divestments – May 2024 Update (Corrected Figures) In my ongoing pursuit of maximizing dividend income and streamlining my financial portfolio, I’ve implemented significant changes this month, pivoting towards a more concentrated strategy focused on private credit investments. This shift is driven by the attractive monthly dividend yields … Read more
II am making some changes in my dividend portfolio and starting to refocus it on private credit stocks that pay monthly. A new stock added this month KKR Credit Income Fund (KKC). A listed private credit company dealing internationally. I will still keep PL8, but not adding any more. I did add some more Cromwell … Read more
This sees a new dividend stock added to the portfolio.Qualitas Real Estate is an income fund that give exposure to loans secured by Australian real estate.And just like Metrics it’s in the private credit sector. Also added a little more MOT. Dividends received Mar 2024 MOT $405.32 PL8 $425.80 Tot $831 Total dividends for 2024 … Read more
Add some more Metrics Income Opportunities (MOT) during February and nothing else.Dividends are still high and I’m happy with the outcome so far. Dividends received for Feb 2024 MOT $420.52 PL8 $425.8 Tot $846 Total dividends for 2024 so far is $1527
More big changes to the stock portfolio.Plato PL8 did a share purchase plan for existing shareholders offering up to $30k in share at NAV which was around 10% less than the share price. After some hesitancy I decided it seemed like a good deal to me, so I bought the max 30k allowed more stock. … Read more