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I just hit $5,000 in my dividend portfolio. I’ve been at it for just under two years. I have been putting money in whenever I have the extra income to do it.
However, looking back, I think I would have tried a few different things out over the last two years to try and boost my dividend portfolio.
But, more on that later. First, I want to share a few things about this $5,000 portfolio. This way, it can give you an idea of what this looks like. Here are a few key statistics:
- The portfolio has 22 holdings, currently 20 individual stocks and two ETFs.
- In total, I am down $255.41 since starting this portfolio. This isn’t too bad now, since most of last year, I was down over $1,000.00
- This portfolio averages just over $20 a month in dividend income for $240.00 a year.
- My average dividend yield is 4.8%, which isn’t too bad overall. This is because of a mix of individual stocks, ETFs, and REITs. (My target breakdown).
Now, all that to say. I have learned a lot of lessons from this time too. However, I could have started years earlier with a simple investment strategy.