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Strategies & Market Trends : Young and Older Folk Portfolio

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From: chowder10/7/2023 12:41:28 PM
4 Recommendations

Recommended By
1RustyNail
Joe Wesley
Richard_IFI
Waitress

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The Older Folk Portfolio has been consistently growing its income stream at an annual rate of 20%. I knew that this year was going to be a challenge because the portfolio is now in the distribution phase and that's money that can't get reinvested and build the income stream even greater.

I was hoping that I could generate at least a 10% dividend growth rate this year and it looks like it might end up between 10% and 12% which would delight me as I wanted to continue double digit dividend growth.

When I look at Simply Safe Dividends, the forward 12 month income is showing $370,000 annual income. I would like to get it up to $500,000 in annual income within the next three years and that might be doable.
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