/biz/ - Business & Finance

>>16651738
Do the DEW

Dividends
Every
Week

This and a mix of managed growth mutual funds (or you could do some etfs).

Passive income is my end goal, not overall growth (although I like to see dividend growth and share price increases = company is profitable). I use finviz and internet research to try and find great companies that are undervalued or fairly valued and I continue to invest every two weeks (every paycheck basically).

>>16641782
divfren here, dividends are your fren

pic is my current divvy portfolio (i also have growth stocks in mutual funds). this portfolio is approximately $160K and provides me with about $5K in passive income every year and growing every year due to dividend increases alone.

Black are the companies I own. Red is my oldish watchlist. Always looking for the next undervalued dividend stock

>>16540336

So frens, I just ran the numbers and here is why I invested the DEW: Dividends Every Week method. Its probably not the most efficient but it is a psychological aid for when I quit my day job and work part time:

2018 Passive Income: $20,783.77. However $13,152.22 of that came in December of 2018 (mostly via mutual funds capital gain and dividend payouts) and $7631.55 from the other 11 months combined.

This year I expect it to be more balanced as I've been focusing my investments into my DEW portfolio (pic related - black = own, red = watchlist). It's going to take a few (5ish) years to reach a more balanced payout schedule but saving+investing+reinvesting dividends+ dividend increases = increasing continued passive income payouts.

>>16215675
>>16215889
me. here's my DEW calendar

imitation is the most sincere form of flattery

>>16172782

Updated DEW Calendar

Added 10 shares of BAC today