Asked by Anonymous

What are some of the ways that I can start a High Dividends Payout Portfolio?

I am looking especially for those with monthly/quarterly dividend payouts and the option to reinvest the payouts direct. My end goal is to reach around 40-50k per annum through dividend payouts alone. Is it possible?

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    • Hariz Arthur Maloy
      Hariz Arthur Maloy, Independent Financial Advisor at Promiseland Independent

      Top Contributor (Jan)

      295 Answers, 494 Upvotes
      Answered 3w ago

      If you have some investment horizon, look for growth first instead of dividends. You'll need to accumulate a million dollar portfolio to give you 50k per annum dividends.

      Also, you can set one up with an FA using funds, or look at individual bonds and stocks and REITs.

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    • Luke Ho
      Luke Ho, Money Maverick at Money Maverick
      160 Answers, 265 Upvotes
      Answered 2w ago

      It's possible since I'm aiming for about 70 - 72k dividend payouts myself for my own retirement.

      You'd need between 700k - 900k to be comfortable and maybe less if you're want it urgently.

      I also offer such instruments that do exactly what you want - you can have monthly income sent directly to your bank, automatically rebalanced and if you're not using the payout you can reinvest it.

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