š $12K in 120 Months: What I Bought This Week to Keep the Plan on Track
Dividends: $8,934 | Yield on Cost: 3.85% | Stocks Purchased Today š
š” MaxDividends Mission: Helping people build growing passive income, retire early, and live off dividends.
Every Friday, I share exactly what Iām buying - real-time updates for MaxDividends members. No fluff, just a clear look at how Iām building my portfolio to eventually live off dividends.
I focus on a mix of high-yield and dividend growth stocks to create a steady, growing stream of passive income.
My personal goal? Hit $12,000/month in dividends over the next 10 years. And honestly - anyone can follow the same path. You just need the right plan and consistency.
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Intro
This week I stayed active and put more capital to work. I added shares of a retail giant on a dipācouldnāt pass up the discount. I was also pleasantly surprised by one of my media holdings. Honestly, I wasnāt planning to add more unless the right discount showed up, and it did. Managed to grab shares under $200. Not $150 a share (that dream buy price), but still a solid deal today.
I also picked up more of a specialty retailer. Even after the stock jumped over 20% recently, it still looks undervalued to me. When I see that kind of setup, I stick to the MaxDividends principles: great businesses, undervalued prices, and growing payouts. Thatās the strategyāsimple, boring, repeatableāand it works.
The plan is playing out step by step. Iām about to cross another milestone: $750 a month in dividends. Thatās $9,000 a year in passive income. Next week Iāll probably celebrate that win with a strong cup of coffee ā. The numbers may look small in the moment, but they compound into something massive. Another few steps, and Iāll hit $12,000 a year in dividendsāan absolutely critical line on the journey to true financial freedom.
This is the beauty of the MaxDividends strategy. No hype, no guesswork. Just owning quality businesses at good prices, holding them, and letting dividends grow over time. Itās boring, yesābut boring is what builds wealth.
Letās Talk Buys!
Scroll down for this weekās update, portfolio moves, and the key takeaways from my journey to $12K a month in dividends. š
Every week, Premium members get access to the full list of my dividend playsānames Iām buying, real buy prices, and the strategy behind each move.
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