Passive income is quite possibly one of the most important and central ways that the rich get richer. Creating a passive income stream is far from automatic. What is Passive Income? Passive income is income that’s received automatically with little requirement for maintenance. It is a beautiful thing, especially when it pays you additional money on a periodic basis. Similar to a Bond Ladder where investors employ a strategy that attempts to minimize the risks associated with fixed income securities while managing cash flows for the individual, the monthly dividend portfolio is another important strategy to building multiple streams of income and put you on the path to early retirement.
Setting up monthly dividend income is going to take brain power and research. If you’re new to investing in the stock market this may feel like a foreign language you’re having a hard time learning.
For Planning purposes, Above the Green Line developed a Dividend Calendar to allow our members to track both dividends received and forecasted monthly payments. Shown below, is a summary of dividends received in our ATGL Growth and Dividend Portfolio so far this year along with the projected dividends.
Please send some profits to help animals (ASPCA).