September 2018 - FIRE Dividend Portfolio Update

Investing with the goal of growing dividend income is definitely different then seeking asset appreciation and investing in growth assets. Yet it sure does feel good to see those dividends rolling in month after month. How long will it take to reach an average monthly dividend income of $1000? I cant say for sure but my plans are to hit that target in the next 5 to 7 years. The goal is simple. To create a portfolio specifically for dividend income as passive as passive income can get. ETF’s and the right funds should help provide that passiveness im looking for so I can focus more of my time researching growth investments and enjoy life.

This month consisted of no purchases due to some investments in Fundrise. I plan to monitor the investment and write a review in the future. Let me know if you guys are interested in the review in the comments section below. Currently, the dividends from the rent payments are yielding around 4.2% not including the appreciation in asset prices as they are calculated once every quarter. The investment plan I chose from the three options they provide is the “Balanced Investing Plan”. Looking forward to see how the platform performs.

Here is a glance at the holdings: