YOUNG FOLK PORTFOLIO:
Summary
How much do you need?
When do you need it?
How sure are you it will be there?
This blog is about how I manage my son's portfolio. I am not suggesting this is the best way, the only way, or that others are wrong for doing it their way. This blog is for the many people who sent me private messages wanting to know how I manage a young folk portfolio.
I will be focusing on increasing dividend cash flows for further investment and as long as I am ahead of schedule, I will add in some lower yielding or non-dividend paying companies that are expected to show high total return over the long run, but the focus here is the dividend cash flows, total return is a secondary objective.
I started this portfolio in 2009 over on Seeking Alpha and the focus would be on dividends. (He was 24 at the time.) The objective when I started, and continues to be, 10% dividend growth per year in dividend cash flows. The secondary objective was to grow this into a $3 million portfolio.
In 2009 here is what the portfolio looked like:
$42,205.00 - $500 per month contributions. - 40 year time frame.
Objective: $3 Million - Need a CAGR of 8.25%
Objective: $120,000 per year in dividends. - Need a CAGR of 13.8%.
Therefore, I am looking for a combination of income with growth added in.
This is a real portfolio using real money. Portfolio updates will be provided occasionally, it will not be monthly.
Buy and sell moves will be reported on the day they are made, thus allowing others to see how I manage this portfolio.
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OLDER FOLK PORTFOLIO:
Summary
This is a real portfolio using real money and is the portfolio I tracked over on SA before moving it here.
This portfolio focuses on income, age mid-sixties, needed income from dividends $100,000 annually.
This objective was achieved ahead of schedule and thus the dividend income was raised to $200,000 and was achieved in 2020.
The objective for 2021 was to increase the dividend cash flows to $250,000 annually.
This portfolio will be tracked differently than the Young Folk Portfolio listed above. Since income is the primary objective I will show position size, income produced from each position, and what percentage of the income comes from each position.
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For those of you new to SI and don't know your way around the site, you can have all of your questions answered here:
Subject 58332
You can also request "Member" status allowing you to see all content by going to the above site and make a request by telling them you have followed over here from SA.
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YOUNG FOLK PORTFOLIO: (Updated 6/30/21)
Message 33420200
OLDER FOLK PORTFOLIO: (Updated 6/30/21)
Message 33420436 |
