Building Wealth For Financial Independence and Retire Early
Updates on a stock portfolio with the goal of $500 per month of passive income
I started out to build an income producing share portfolio 4 month ago and I’ll be sharing updates on how it’s going.Dividends will be fairly uneven for the first few months until the monthly payers are a significant part of the portfolio.The first goal is $500 per month and may take a few more months … Read more
These are the companies i received dividends from in September 2023There are no DRPs all dividends will be manually reinvested. WDS $36.05BHP $55.03FMG $95PL8 $4.40 Total dividends received $190.48 Dividends to date July 23 $77.20August 23 $42.09September 23 $190.84 Total accumulated dividends $310.13
Not a whole great deal but the stock income portfolio has paid a small amount of dividends for July. Amounts are gross dividends. No dividend reinvestment programs are active, all reinvestment of dividends will be done manually. MOT METRICS INCOME OPPORTUNITIES $7.98 PL8 PLATO INCOME MAXIMISER $6.32 RFF RURAL FUNDS GROUP $17.78 IPL INCITEC PIVOT … Read more
A few more buys during the month of July.The market has made some gains since I started buying which is great though could mean further buys will be at higher prices.A few exceptions have been BHP and S32 which I bought again. BHP 23 @ 43.12 for $991.76FMG 45 @ 21.78 for $980.10S32 177 @ … Read more
Second half of June has been a busy month with a few more additions to the income share portfolio.I made an error and only bought $535 of CMW using “quantity” instead of “value” on the buy screen. NB I will not be posting anything more than basic analysis for single stocks or ones that I … Read more
I will be building a long term income portfolio and sharing the process and some of the experience. The main focus of the portfolio is income though I also expect some capital gains over the longer term.Prices will always fluctuate and volatility has been high lately. My criteria for picking stocks to buy will mainly … Read more
Well the 12 month income portfolio project has come to an end.I did not end up fully invested with only $84,019 end value. Total dividends paid out was 4413.658 which is 5.43% return on the the $84k invested.The end value had very little capital gain on paid prices.
Building A $500 A Month 100k Stock Portfolio continues as the markets become volatile specially in the tech sector.Mostly financials hoping that the increase in interest rates will also increase their returns.One new stock added and an increased holdings/. Plato Income Maximiser, diversified portfolio of Australian shares with an income focus.Metrics Income, increased holdings of … Read more
Building A $500 A Month 100k Stock Portfolio continues with another month of volatility and some new stocks added to the “team”.Mostly financials hoping that the increase in interest rates will also increase their returns. Aristocrat Leisure, global gaming content and technology company and top-tier mobile games publisher.Sonic Healthcare, medical diagnostic services and administrative services … Read more
Time is going by fast as I work on building a Passive Income Stock Portfolio that will earn approximately $500 per month with a total equity of around $100,000. This month’s additions were ANZ and Wesfarmers, both ASX20 companies with a large cap and hopefully a business that will deliver good dividends and growth.And Suncorp … Read more