$430K Dividend Portfolio Update

Getting closer to $1M! Here is the latest portfolio update for September!

The last time I published a Portfolio Update, the value of my investments sat around $396K. Since then, the markets have rallied a bit higher and my portfolio now sits around $430K. I’ve made some shifts to positions and I will also be reviewing those here.

I recently announced the release of my upcoming dividend dashboard, Yieldly! So in this portfolio update, I will be utilizing that dashboard so you can get an idea of some of the metrics that Yieldly will be able to provide you. To view the details of the release, see the article below!

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Lock in your discounted rate on the dashboard forever. Yieldly will only be available for paid subscribers.

Portfolio Overview

My portfolio value now sits above $430K and generates an estimated annual income of $56,586. The goal is simple. I want to build a portfolio that pays me now and also participates in the growth of the market. I’ve designed this portfolio to function like a machine that gets more efficient the longer I keep feeding it.

Since I still actively earn income from other businesses, I don’t actually spend these dividends. Instead, I reinvest dividends back into different growth positions over time. Every time that I publish a BUY ALERT, you can be sure that I am currently accumulating shares of that position.

Despite the large emphasis on dividend income, we can see that my portfolio is most heavily concentrated on Technology holdings still. I am optimistic about the future of technology as most of the growth is likely to come from the expansion of the AI sector. For instance, the size of the AI market is expected to increase at a CAGR (compound annual growth rate) of 19.20% through 2034. This is a near 20% increase in the market EVERY SINGLE YEAR for nearly a decade. Therefore, I have built up the following stocks to be my largest technology positions.

1. ASML Holdings ASML 0.00%↑

2. Microsoft MSFT 0.00%↑

3. Alphabet GOOG 0.00%↑

4. Invesco NASDAQ 100 ETF QQQM 0.00%↑

I now have a ~$30K position in ASML and I will continue to add shares on dips. I fully believe that AMSL is a stock worth a minimum of $1,000 because the business has the strongest moat in the world and is aligned to benefit from the growth of AI. For reference, here are some notable bull case and price target metrics, according to Yieldly.

ASML Price Targets From Yieldly

So how does the portfolio perform compared to market indexes?

Over the last twelve months:

• My portfolio: 30.34%

• US Stocks: 18.84%

*Not Yieldly, Performance Screenshot Is From Empower

Through the inclusion of option ETFs, I am anticipated to collect nearly $5,400 this September. Remember, this is income that doesn’t require me to actively work a job. I will collect this income no matter what, even if market growth slows, if unemployment rises, if inflation goes up, or whatever other useless metric that you can think of. Most importantly, I am collecting a lot of this income in a tax-efficient method, which limits my overall tax liability at the end of the year. I like to focus on option ETFs that prioritize Return Of Capital.

Monthly Income Projection From Yieldly

According to Yieldly, I am now colleting more income than the average middle-class income. I want you to be able to grow your passive income so if you need guidance, I put together a high-yield option ETF guide. Every purchase of this guide comes with a three month paid subscription and access to Yieldly.

I don’t typically include Crypto in these numbers, but it’s also worth mentioning that I do have exposure to Bitcoin and Ethereum. By signing up to Coinbase with the button below, you can earn $30 in Bitcoin FOR FREE.

Now let’s dig deeper into the specs of my portfolio.

Performance and Positions

When including all the ETFs that I hold, here are the top positions within my portfolio. Notice how only one of my largest positions is an option ETF, despite collecting the majority of my income from these assets.