49-Year-Old Makes $5,180 a Month in Dividends With ‘Helps Me Sleep at Night’ Portfolio – Top 10 Stocks You Can’t Miss

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Investors invest in dividends to increase wealth and balance out their growth portfolios to hedge against risks. Dividend stocks have proved their mettle during market downturns and volatility in the past. Data shows that a Mergent index of dividend growth stocks was 20% less volatile than the S&P 500 over a period of 10 years.

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About two years ago, a dividend investor shared his detailed income report, story and portfolio screenshots on r/Dividends, a discussion board for income investors with more than 622,000 members. His portfolio details showed he collected $62,193 in annual dividends or $5,183 per month.

From Growth to Dividend Investing

The investor, 49, said he’s been focusing on growth ETFs for 25 years but shifted to dividend investing in the last three years.

The investor’s portfolio screenshots showed that he invested about $2.71 million in about 20 stocks/ETFs and his initial investment value rose to $3.1 million over time.

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Creating ‘A Lot of Wealth’ Through Business

He was asked how he was able to accumulate wealth for investment. He said he had worked high-paying jobs and also started businesses (software sales):

“Owning a business does come with risk, but it also creates a lot of wealth opportunity through tax and expense savings and revenue distribution strategies.”

‘Little By Little Adds Up’

The investor also shared how starting to invest early in life gave him an edge:

“First job out of college was $27,300/yr. I signed up for my company 401(k) plan and that’s where I started. Little by little adds up, especially when it’s automatically (re) invested.”

He said even dividend payments from growth ETFs have been a “boon” for his dividend income.

“The combination of growth and fixed income is what helps me sleep at night.”

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Let’s look at some of the biggest holdings of this dividend portfolio.

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