Almost 4 months into building my income portfolio and I have officially reached my goal of $1000 per month in distributions. This was intended to be a 6 month project but I’ve been working like a madman and I’ve reached my goal 2 months early. Now that I have reached my income goal I will be shifting my focus to growth. From this point on I will no longer be contributing to $HHIS & $BIGY, I will just hold my current position and do as I see fit with those distributions each month. I will also no longer be contributing to $HDIV$QDAY$CLSA$UTES$CMCL & $HBTE but leaving them on drip to let them snowball on autopilot. From this point moving forward all future contributions to my portfolio will be going directly into $XEQT for stable diversified long term growth on top of my solid income sleeve. I would love to hear your thoughts…
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24 Comments
Johnny Nguyen@johnnymama1 · 2d
Congrats! Hit $1000 8 months ago, now at $2000, the snowball affect is coming!
Kyle T@kyletfreedom58 · 2dEdited
Sounds like a good hybrid approach 👌 Since HDIV is such a broad based ETF, you might want to consider doing something like 25% HDIV, 75% XEQT?
Trajvans @tayinvest · 2d
Congratulations on reaching the milestone. I hit 700 so still a while to go.
Jelly Beans@prayforme · 2dEdited
Firstly congratulations 🎉 2, What is your total invested amount to reach 1k a month? Thanks
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