BXSL - Build A $100000 Dividend Snowball With A 7%-Yielding Portfolio
2024-03-22 10:30:04 ET
Summary
- Charlie Munger emphasized the importance of reaching a $100,000 investment portfolio to generate substantial returns through compounding.
- A 7% dividend yield from a $100,000 portfolio can provide a $7,000 passive income stream, covering 1-2 months of living expenses and delivering five-figure annualized total returns.
- We provide a sample $100,000 passive income snowball portfolio, divided into sections including ETFs, individual high-quality infrastructure, BDCs, REITs, and MLPs.
The magic of having a $100,000 passive income snowball was emphasized by Charlie Munger when he said :
Build A $100,000 Dividend Snowball With A 7%-Yielding PortfolioThe first $100,000 is a *****, but you gotta do it. I don't care what you have to do - if it means walking everywhere and not eating anything that wasn't purchased with a coupon, find a way to get your hands on $100,000.