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About $2000 a month of pure passive income coming in from a diversified index fund portfolio (us + international + reit + small cap value) under the form of div
by deanmoriarty 8y ago
About $2000 a month of pure passive income coming in from a diversified index fund portfolio (us + international + reit + small cap value) under the form of dividends.
It’s somewhat more consistent than the appreciation/depreciation of the underlying securities due to the recent volatility, and I get the distribution straight into my bank account, which I usually just reinvest since I have a full time job that easily supports my expenses.
Dividend yield based on the current high valuations is pretty low though, I believe for my portfolio is around 2%, but hopefully in the long term that’ll be just a small portion of the returns.
- news_hacker 8y agoHow much capital is driving that?
- deanmoriarty 8y agoRoughly $1M.
- ArrayList 8y ago<off-topic:> Cool username btw, huge Kerouac fan. I'm also from Lowell.