How can you go about building a portfolio that would provide your loved ones with reliable income while requiring little to no maintenance? The author of today’s article lays out one option: A “three-fund portfolio [that] will hand us a diverse collection of investments built to hold up in any market, throw off a steady 8% dividend and pay dividends monthly, to boot.” For the three actively managed funds making up this “autopilot” dividend portfolio, CLICK HERE.
When it comes to funding his retirement, the author of today’s article intends to do it with the dividend income his equity portfolio generates, noting that “Dividend payments are more stable than share prices and the potential for capital gains, which makes them an ideal source of income for retirement. Historically, US dividend growth has exceeded the rate of inflation. This means that dividend income not only maintains purchasing power, but increases it over time.” As for how to go about creating a portfolio of dividend stocks to live off of in retirement, he lays out his process, which begins with having “the end goal in mind”. For more, CLICK HERE.