These securities are all held in a standard, taxable brokerage account operated through Robinhood. The goal of this portfolio is to generate an ever-growing stream of passive income via tried-and-true dividend investing such that, someday, I could reach a state of complete financial independence that would allow me to “retire” relatively early on in life.
Below I have included a pie chart that breaks down the portfolio’s weight by sector, as well as a bar chart that beaks down the portfolio’s income by security. In regards to the latter, you’ll notice that some positions currently bring in way more cash than the others; since I am still very early in the accumulation phase of my investing, this is not a problem, but the end goal is to eventually equally divide the portfolio’s income across every holding in order to minimize losses in case of a dividend cut. In time, these discrepancies will smooth themselves out as I add to certain positions and re-balance the portfolio.
I also have a tax-sheltered 401(k) account through my employer, to which I contribute 6% of my salary which gets matched dollar-for-dollar. I treat my 401(k) as more of an experimental “growth fund” where I invest in stocks that don’t always necessarily fall under the criteria of typical dividend-paying companies.
My objective here is tilted toward aggressive capital appreciation and high dividend growth, so many of my holdings boast very small yields (if any at all).