BP - First 2019 Update To Steve's Dividend Portfolio And Strategy For Replacing My Salary With Dividend Income
On ugly days like Monday, when the Dow finished down $617.38 and the Nasdaq finished down $269.92, it makes me even more thankful for dividends. I have been constructing a dividend portfolio outside of my wife and my 401Ks and trading accounts. I add to the dividend portfolio by selling positions in our trading accounts and reallocating the profit and putting new capital to work. My goal is to supplement as much of our income as possible in retirement, with income from dividends prior to social security and distributions for our 401Ks. At 37, I