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Accelerated Retirement Portfolio for A Non-Investor
| For the past 10 years, I’ve dabbled here and there, and through trials and tribulations, my investment portfolio pays me $16K in dividend income per MONTH, with a growth rate that beats the S&P broad market. Here’s how I’d set it up for people “new” to investing.
My brother is going to be 55 next year, I’ll be 52. My current portfolio pays $16K/month in dividend income, which annualizes to $198,000/yr in just passive dividend income. With my investments, I could retire from being a dentist by age 54, but my brother, “new” to investing, will probably have to work until he’s 72. What happened?
Over the holidays, he explained to me how his state job has made it hard to save up, as well as expenses forcing a ‘glass ceiling’ over his head. While I can’t pay off his debts, I can empower him with an investment strategy that could quickly build up to offer both passive dividend cashflow, as well as huge growth potential with annual returns that beat the S&P’s 33% annual return, with some tickers bringing home over 100%! Those types of accelerated gains carry risk, but where he is now, with low savings and expenses piling up, is even more risky.
Here’s what I would tell my brother to invest in, what allocation, and why.