How I Use The Dividend Wheel Strategy With A $350K Portfolio
How I Stack Growth, Income, and Leverage to Create a Scalable Dividend Machine.
I have approximately ~$500K invested across a plethora of different accounts that all work in conjunction with one another. This only includes cash that has been allocated towards stocks and doesn’t include any Crypto or Real Estate. I’m working on an efficient way to release a full portfolio breakdown at some point in the future but for now, I wanted to provide a small glimpse into what my holdings and dividend income levels look like.
I’ve published a ton of different income-focused articles over the last month but I never specifically broken down how I implement the strategies that I preach. Therefore, I wanted to take a step back and demonstrate how the Dividend Wheel Strategy actually works, step by step. While you may have subscribed to learn how to build a growing stream of passive income, I need to make one thing clear:
There are no shortcuts. You are required to consistently invest money, month after month, into a strong foundation FIRST.
What I mean is that you shouldn’t jump straight into the highest yielding option ETFs that have annual dividend yields greater than 30%. Similar to a house, you need to build a foundation that can support the rest of your structure. Therefore, the largest positions in my dividend focused portfolio are mostly allocated to a variety of ETFs and large-cap companies. Looking at the table below, these are my largest holdings at the moment, which all have a combined value of nearly $350k. I have nearly 25 other individual holdings that I will eventually reveal in a full portfolio review.
This strategy has helped me grow my net worth from $100K in 2020, up to $700K in a matter of 5 years.
As you can see, my largest holding is:
