This is the first month end since this little blog has been launched. From now onward I will give an update on where we are on the road to one million. I will let you know what investments were added to the portfolio, share the dividend income on a quarterly basis, and hopefully can demonstrate how every little step you make takes you closer to financial independence. Let’s see where we are now!
One great way to invest in many different stocks at the same time is via an ETF. If you buy a Vanguard S&P500 ETF (VOO), your returns will be almost the same as you bought the shares of all the S&P500 companies according to their index weight. All this with one purchase, one time transaction costs and as low as a yearly 0.05% fee. As a bonus, it currently has a 2% dividend yield. Nevertheless if you are looking for ETFs that solely hold dividend paying shares, here are 4 great ones to consider including in your early retirement portfolio:
“Do you know the only thing that gives me pleasure? It’s to see my dividends coming in”. This is a quote from John D. Rockefeller which from one hand I find extremely sad (he must have had a pathetic life if he really meant it), on the other hand it’s true that seeing the companies paying you dividends (no matter how big or small) just for the honor that you own their shares is an extremely satisfying feeling. And this is just one of the many reasons why the members of my dirty thirty portfolio are all dividend paying companies. To see the other reasons, please read further.