Welcome to this Blog! Do or do not, there is no hope, no try. I need to build up enough passive income within the next 10-15 years. Enough passive income so that it will at least contribute to 50% of my retirement income. For now let's start with $12K / year as the initial goal. The approach to building up passive income is to generate growing dividends and capital appreciation from a portfolio of public companies traded in NYSE, NASDAQ, or TSX. Currently I am in the portfolio construction phase. Portfolio Allocation will be : 90% longer term positions that build up over time. 10% short term trading that is opportunistic. Initially 10-20 stocks, 50% from TSX. Most of the Dividend stocks can be classified into 2 categories: Low yield, High Dividend CAGR - these are good to accumulate for the long term, and they need a long time runway before they can move the needle in terms of income from dividends. This type of stock, if the right one is chosen, will outperform ...
