Making Over $500 a Month in Passive Income from Stocks - See Inside Our Stock Portfolio (Ep. 14)

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Our Rich Journey - Making Over $500 a Month in Passive Income from Stocks - See Inside Our Stock Portfolio (Ep. 14): It's August and time to go back into our stock portfolio and show you how it has been performing. We began this particular portfolio in March of 2020 by investing $5,000 into three different investments. Each month after that, we invested another $1,200 into our portfolio. And each month, we've opened up our portfolio and shared the performance of our investments. We're doing that again in this video, but we're also addressing the topic of investing for passive income - specifically, how we created a portfolio that has generated more than $500 a month in passive income for the past 17 months.
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ETF vs. Index Funds | Our Investments for Financial Independence (FIRE Investing):
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#FinancialFreedom #HowToRetireEarly #FinancialIndependenceRetireEarly

[@OurRichJourney]

▸▸▸SPECIAL ANNOUNCEMENT: Enrollment for our 365 Days to FIRE Program is now open for the class of 2025! Enroll now and get 50% off the full price. Spaces are limited! Learn more at: www.365daystofire.com/

[@rebekahfritz3396]

I started watching your videos about 6 months ago and adjusted our investment strategy. In the last 6 months, we've generated enough to replace one of my paychecks! It's a small first step but it's very tangible and I feel like we can actually get to the point where our investments are replacing all of our paychecks. Thank you for sharing!

[@OurRichJourney]

Replace one of your paychecks?! That is FANTASTIC Rebekah!!!

[@tessahiggins8142]

Girl! That comment is everything! That comment is keeping me on track!

[@yelin1997]

can you share which videos you have watched to change your investment strategy?!

[@rebekahfritz3396]

@@yelin1997 I honestly binge watched most of this channel, sorry that's not helpful. I had a super long commute so I just listened like a podcast

[@gmichael264]

Which broker are you using?

[@daveschmarder-1950]

I retired 14 years ago at 57. No pension, but later got SS. My stash has doubled. I'm a low spender, but have all I want. The dividends on my 70/30 portfolio more than pay the expenses. I reinvest what I don't spend. I've increased charity giving since the pandemic inasmuch as I've done so well. I've been a happy subscriber to your channel for many years.

[@lizd.8655]

That's my target age! You seem to be doing well :-)

[@Dutty_Boy]

What's 70/30?

[@Daniela-ys5lb]

I am confused, I understood at the beginning of yout video that you were getting $500 per month in dividends alone (not capital growth) from this portfolio but it was all growth, correct? I liked the idea of not selling just living of dividends, if then I have capital growth that is a bonus. Thanks for your amazing videos! Love your channel!

[@abartha2010]

@@Dutty_Boy most likely 70% stocks and 30% bonds in his portfolio

[@wk-cn9lf]

@@Daniela-ys5lb I agree with you. I'm confused about the $500 a month in dividends also.

[@inea-fijourney22]

I started my FIRE journey at $26k in assets. mostly in my 401k, last June 2020. I just crossed the $70k milestone in just 15 months! With consistent investment, staying focused! On a single income! You guys are a huge inspiration!! I share my updates monthly too, so when I reach the $1M milestone I can come back and have reference to every step of the journey! Thanks for another great video!

[@OurRichJourney]

That's a fantastic milestone to hit Inea!!!

[@inea-fijourney22]

@@OurRichJourney Yess! thank you for all the inspiration! Your family has been key in my FI Journey! And all this asset growth while paying off a beginning consumer debt of $82k!! Cant wait to be debr free and over $100k invested!

[@marleyhankins9375]

How is this possible? I have like 30k invested mainly in my roth ira and over 15 months I haven't seen any major growth . I max out my accounts at the 6k a year that it allows me and have my money invested in index funds and still I do not see any real growth

[@shanepringle]

@@marleyhankins9375 The US stock market has gone up by 60-plus percent over past 15 months. You should have seen tremendous growth. Unless you're looking for crazy 500% returns, getting 60% in just 15 months is incredible.

[@MR.UNKNOWNSINGER]

@@inea-fijourney22 what index fund do you have most of your money in in your 401

[@harrisanderson8689]

The philosophy of the rich and the poor is this: "the rich invest their money and spend what is left. The poor spend their money and invest what is left".

[@KS-jg6bx]

I would argue the poor dont invest

[@aprofessor5862]

@@KS-jg6bx Its about financial literacy which they dont teach in schools - however even those with a low income can learn this with the power of the internet now

[@aprofessor5862]

Its about financial literacy

[@OurRichJourney]

Prioritize investing! :)

[@sumitvaz8717]

I think these types of videos where you show us how you are investing instead of just talking theoretically has a massive role in building your credibility. Keep it up!

[@OurRichJourney]

That is so kind of you to say! Thank you so much!

[@TheHelenHartmann]

Also I am enjoying your investment videos. Very good ideas. I am new to this so it is helpful. They are also well done and easy to follow..good job!

[@pakouvang-atkinson283]

Because of you guys, I started investing. I grew up in a poor refugee family. No one taught me about finances or investments. My portfolio is healthy thanks to you guys! Also, it’s amazing to see POCs represented here in this space. Super important and amazing that you guys put out content. Keep doing it!

[@M.Campbell]

You both are great! The internet is just flooded with financial advice for people who already have high incomes, while there is relatively little for people who have lower incomes or are starting small. It's frustrating. Thank you for the useful and realistic information and advice.

[@OurRichJourney]

Thanks so much M. Campbell! That is so kind of you to say!

[@brucex88]

@@urbanart7325 take the income you get from rental properties and invest it

[@fran2688]

@@urbanart7325 the market may drop, but the dividends don't.

[@aprofessor5862]

@@urbanart7325 actually yes you should invest when the market is down as sticks are cheaper :) think about it

[@Isabel-re7sl]

@@urbanart7325 there are definitely strategies to protect your nest egg. You can keep a few years worth of spending money in cash, so you’re not having to pull out money when the market dips. You can go on a stricter budget when the market dips, or even moving to a lower cost of living state or country!

[@LuvinOurLife]

You're the ones that first educated me about a HSA account. From a year ago that account is up 30% at $9000.00. Thank you for the financial education!

[@warko01]

yep thinking of starting now on that....good going!

[@ccul0439]

Amazing value adding session as usual!! Love your inspiring videos so much

[@DividendGrowthInvesting]

Love this! The easiest way for your normal person to start generating passive income!

[@OurRichJourney]

Yes! The easiest way!!! :) Thanks for watching!

[@arigutman]

Conceptually, I am loving how you two are doing this channel together! Great video and it goes without saying, exceptional gains in passive income from dividend investing!

[@OurRichJourney]

Hehe! Thanks so much!!!

[@DDD-um5co]

@@OurRichJourney @Our Rich Journey Hi 🤗 HOW Did you set THIS Account Up🤔 Was It On Your Own or Through a Broker??? IF, It's SELF Directed, WHAT are the fees & Why??? HOW Do I Get Started Underneath The SAME One's??? What Else Are You'll Into??? What about Bonds with The Highest Rates??? What about Annuities with The Highest Rates???

[@sheilad215]

I can't wait for each video you guys share, not only are you informative but also extremely interesting keep up the fabulous work!

[@sidandsof12]

Ahh. I get it! Simple understandings for the everyday person pursuing FI. Keep the simplicity coming. 💸

[@OurRichJourney]

We like to keep it simple! :) It shouldn't be complicated. :)

[@marlorienhardt8657]

If you aren't using this income, what income do you use to support your retirement?

[@genevievecontreras1201]

Enrolling in your course today! My hubby is finally on board to go all in with the FIRE lifestyle. I am really happy for your family and hope my husband can be at home with our kids like Amon is. Also, I loved Portugal so much when I visited there.

[@OurRichJourney]

That is awesome!!! Yes, you can do it!!!

[@TerryJohnson757]

You guys are amazing. Thank you so much for sharing your journey.

[@Justjalisaaa]

I’m so thankful that I found this channel. Thanks so much for sharing with us! 💜

[@warko01]

Thank you - end of Jan 2022 markets going down but you have covered some intricate points which many KZbinrs do not - so thank you again!

[@tobirates916]

Thank you for this video! It helps me understand the returns on my own accounts

[@nanakevin123]

Video Marathon done thank you for all videos. I will use your advices 👍🏾

[@nancylpr]

Thank you for helping people embrace investing.

[@OurRichJourney]

We love to get people excited about investing! Thanks for watching Nancy!!!

[@soc789]

Thank you for your valuable educational videos.

[@aprofessor5862]

Amazing and detailed as always thank you for sharing

[@marym5631]

Thank you both for all you do!!!

[@abeeiland1583]

You two are over the top with delivering financial education. Authentic demonstrations which are proven. Much gratitude from one of your followers.

[@curtiswilliams6902]

Love you guys! Thanks for all you do!

[@phma192]

Another legendary video. Good energy and I laughed so much. I really enjoy you guys together; all ya'll are beautiful inside and out.

[@coachyamyam9666]

Thank y’all for sharing!!

[@dlittleton6514]

Appreciate you both!

[@victoriae337]

Thank you for all the inspiration!

[@Polostar79]

Hi Amon and Christina. Another great video as usual. I’m very glad that you explained how you can basically stagger your investments to earn monthly income because from the title of your video I was completely confused as to how one can generate $500 a month from capital gains, interest, and dividends when they only pay out quarterly. Once again you guys knocked it out the park!

[@johnrich27]

LOVE the videos .... Keep up the good work.

[@tomyang0304]

Thanks for sharing all of this, this is really great and inspire me a lot.

[@OurRichJourney]

Thank you! So glad to hear you're feeling inspired!

[@nicholemcneill1676]

Absolutely LOVE your channel and listen/ watch it almost everyday! I have saved a little money to invest finally, could you advise where to start? Thank you Nichole

[@machelljohnson7208]

Awesome..thanks for sharing

[@jorgevelasquez9955]

Thank you! GReat video, Would of liked to hear why you chose those particular invetments.

[@alphabalde6646]

Great content ! I actually just purchased the stock guide course yesterday! I have been watching it with my son! Will be sharing my honest opinion about it soon as I am done! Thank you for all the knowledge! Cheers

[@Justt-y1b]

New to the entire investing idea..great info 👍

[@AshleySkyflier]

This is so helpful! Thank you for sharing! :)

[@dsmith56]

Thank you! It feels so good having role models who look like me. Again, I appreciate you sharing suggestions.

[@SRDGONLEZ]

Oi prazer em conhecer voce !. Thank you for the free knowledge. You two are my investment heroes. Muchas gracias

[@tanyacornejo3116]

Thank you very much for sharing! Do you have any insight on ESPPs (employee stock purchase plans)? :)

[@TOKYO64DOTCOM]

Thanks. I've been doing this since last April. My dividends from my stock portfolio are now at $175 plus a month! I'm always talking dividends. I started my portfolio around the same time. I've invested about the same amount and have seen it grow and grow. I love your 4% idea and I also like the checking to ensure your positions are set up for you to receive dividend income every month by mixing in when they pay out quarterly. Once again great advice. Thanks again.

[@OurRichJourney]

Congrats on the gains!!! $175 plus a month is FANTASTIC!!!

[@DDD-um5co]

What ALL Are You Into????

[@_BlueHorseshoe_]

These guys did it right…HOWEVER, they were very lucky to have lived through and maxed out investments in the market and real estate during the biggest bull market in history. Many people who follow in these footsteps will need to manage expectations.

[@snipes7311]

Inspiration, Inspiration, Inspiration, 34+% is incredible, family keep inspiring, love your content, and looking forward to your next video/financial lecture.

[@amitk81]

Aman- loved your T-shirt. Great job giving us a sneak peek into your portfolio,

[@OurRichJourney]

Thank you!!! A new shirt I got from NYC!!! :)

[@martinjoe3362]

I came across your channel yesterday and I have learnt a lot from you guys especially when talk about college and CLEP exams. Thanks guys

[@OurRichJourney]

Very cool! So glad you found our channel Tamba!!!

[@carolinamartucci8004]

Can you add the link for that video reference? Thx!

[@cammy60467]

As 22 year old aiming to start her 1 stream of passive income thank you for sharing your process!

[@natesandoval6917]

Love the shirt! Thanks for all the info

[@kelvynjo]

New to your page. Very excited to learn more. Thanks

[@feelers8394]

the reason I'm still watching your videos is because of the simplicity of your explanation, thank you for sharing this with us. more power.

[@OurRichJourney]

That is so great to hear! Thank you!!!

[@randygreenwood]

thanks for all the info and great content

[@JohnDavis1972]

Thanks for the info.

[@saeedkanuga8374]

You two are so like minded and practical. All your videos are interesting .😊

[@investingfocus-withbear3949]

Hey Amon, Hi Christina. I've been watching for a long time even tho this is a new account. Thank you for making these videos and being an inspiration!

[@OurRichJourney]

Thank you so much for joining us on our journey!!!

[@triceptive]

JEPI, NUSI, QYLD, and XYLD. Pay monthly and the lowest yield of those 4 is 7%(NUSI) and the highest is 12%(QYLD). These are covered call ETFs, perfect for income in retirement, not so much of you want growth.

[@tutumon77]

Nice

[@carlosroldao]

Hi, Christina and Amon. Great content, thanks for putting these little gems together for us to enjoy! Being a Portuguese resident, I’m curious to know if your strategy has changed regarding dividend investing now that you’re Portuguese residents yourselves. As I understand it, dividend investing might not be the wisest portfolio based on our tax law, but I understand your target audience is majorly located in the US. Congrats again on the great content.

[@speedygonzales9923]

I just traded for the 3 funds you listed! I REALLY like this channel. It's my first time here. Happened on it by chance!

[@wmmarquez]

Thanks guys!

[@zigman7140]

Thank you

[@livingworkingoutsidebox]

I'm all ears 👂 I have the same shirt. I just started your 2 courses. Blown away by the content and the step by step action plans. Thanks so much.

[@JM-qx3ml]

About a year ago...I watched a video from you and was so motivated I began to use your guidance from your budget tool and invested with VTSAX and ETF and a couple of stocks....almost a year and I have made more than I ever imagined...I have saved so much and my money continues to grow by the minute...thanks so much

[@aprofessor5862]

congrats Jose

[@OurRichJourney]

Wow! That is fantastic to hear! Thanks for sharing Jose!!!

[@rossnguyenfavorites5375]

What is VTSAX?

[@lfh1973]

@@rossnguyenfavorites5375 an index fund offered by vanguard

[@angelabarker8611]

Excellent video!

[@realpro12]

This awesome information. I learn more in this video than the last year.

[@jarreddavis1012]

Love seeing this! Good job 🎊

[@OurRichJourney]

Thanks so much Jarred!!!

[@willmallory9085]

Excellent video Team. Thanks for sharing.

[@OurRichJourney]

Thanks so much Will!!!

[@pragnalaasya]

Thank you for sharing your new portfolio, i want to know the breakdown of your total Investments and categories your asset classes and how their performance is.

[@lamonttaylor5061]

I invest 30% in target retirement fund and 70% into fidelity 500 index fund.

[@fredricksingletaryfs]

Awesome video....

[@ravadaraju8445]

Thank you sir,

[@joshuacarson7115]

I must say that this by far amazing. It's so great to know that some income could actually be made just through investing. I've learned from some of the videos.

[@dolletemyu8388]

I’m glad that I enrolled in your stock market investing course before the the pandemic. It made a huge difference when you have knowledge. Thank you ❤️

[@OurRichJourney]

That makes us so happy to hear! Thank you!❤️

[@DrRobertMPick]

AWESOME as always! PLEASE listen to them peeps! I got such a late start it is unreal! The principles work!

[@OurRichJourney]

You're the best Robert! :)

[@LonerBecause]

Definantly appreciate content like this

[@OurRichJourney]

So happy to hear that! Thank you so much!!!

[@Mosiano]

MY wife and I are thankful. We love u guys

[@lisainglis873]

I just love you guys so much! :)

[@laurar9748]

Learned a lot with this one! My financial planner (who is very conservative) advised that I only withdraw 3% a year! Nice to know I have a little wiggle room. 🤑 Thank for all you do to educate, inspire, and assist people on their paths to financial freedom! 💶💶💶

[@TraciRene]

Dang. I wish I would have started when you'll did. I started in June2021...$606 in and earned $26 so far. Humble beginnings. I'm excited to see where it goes.

[@misspapo3444]

Better later than never. You got this.

[@aprofessor5862]

Humble beginnings is a good thing! you have started and congrats on that in a few years time the stock market will hit another all time high and if waited till then you would kick yourself right? you are in the market now just watch it grow :)

[@TraciRene]

@@misspapo3444 thank you!

[@TraciRene]

@@aprofessor5862 thank you!

[@OurRichJourney]

But you started! And you're making that $26 with no effort!!! That's the way to do it. And, one more thing . . . Imagine what your portfolio can be at in ten, twenty, thirty years from now!!!

[@melaninoncode7555]

Salute for looking out for the little guys

[@dalazyone109]

first off , Thank You Both . I appreciate your knowledge and opinions. You’ve definitely been an encouragement to invest consistently. My question is , what are some Fidelity ETF’s similar to those 3 index’s ?

[@firecrackerNJ2CA]

FZROX FZILX etc are fidelity funds

[@bryanreed9382]

You guys are the best

[@dalazyone109]

I learned so much and gained a lot more confident in finally starting and continuing to keep investing every month. Thanks for the Motivation

[@aprofessor5862]

Great to hear keep on making regular investments and you will be there before you know it.

[@tonyaguilar2151]

Question although I have a index fund with vanguard, can I also open a Index fund with fidelity? I'm I allow to open another index fund even if I have one open in another brokage..?

[@teofilozeba1770]

Thank you very much for your information and l'm very glad to subscribe to our rich journey, l know you speaking Portuguese now muitu obrigado

[@OurRichJourney]

Thank you for subscribing Teofilo! 😃

[@RetailWithDanelle]

I need this. Thank you 👀

[@OurRichJourney]

Aww, thank YOU for watching and commenting!!! 😊

[@Tanya401life]

I don’t like this video…I LOVE THIS VIDEO!! My 10 year old and I watched this together. He is so excited right now from all your gains. Terrific job guys!!🙏🏽

[@OurRichJourney]

Haha Tanya! You are too kind! I LOVE that you watched this with your 10 year old - getting him started young!!!!

[@Tanya401life]

@@OurRichJourney thanks so much!😃

[@OurRichJourney]

📈Looking to learn how to invest? Enroll in our Stock Market Investing Course: www.ourrichjourney.com/investingforfire 🔥Learn more about financial independence and retiring early: Enroll in our F.I.R.E. Master Class: www.ourrichjourney.com/firemasterclass ✈Want to move to Portugal? Enroll in our Moving to Portugal Course: www.ourrichjourney.com/movingtoportugal

[@catim]

Im in my 40s. I wish i had access to this knowledge earlier in life. I wouldn’t have become a teacher. Thank you for educating us. Much appreciated

[@anitainlisbon8836]

Is this relevant for me at 65 who is retired and would like to generate passive income on savings?

[@wanda9688]

I’m late & need to Fire 🔥 Up retirement funds.

[@aprofessor5862]

@Kate Bide there are different and dare i say easier ways for UK investors. eg you can buy directly from vangaurd now (recent welcome news for many). Also think about ISA and SIPP investments to be tax efficient . Principles are the same low cost index funds and be tax efficient - think long term invest regular :)

[@aprofessor5862]

@@wanda9688 Never to late your retirement horizon is longer and you may need a more aggressive investment strategy (with a safety net eg balance stock investments with bonds).

[@jdstep97]

You guys are so good to share this information!! I'm such a private person. I don't know if I'd have the courage to go online and tell folks about my investments; but you do, and it is so encouraging and motivating. May you continue being blessed.

[@vickgoldsman8634]

Can you touch base on ESG’s and would you consider switching from ETF’s to ESG’s? Thank you? Much love you and your family.

[@Pvtepingpong]

I love this family

[@TheStinkySaddle]

Thank you for sharing. What type of account are these funds being held in?

[@jasminel1436]

Thank you.

[@OurRichJourney]

Thanks for watching Jasmine!!!

[@limitone9564]

I don't know why but I understand things more when you guys explain it but with others I dont and it doesn't sink in... good job!

[@OurRichJourney]

Thank you! Glad the videos help!!!

[@revealthereal1]

Hi you guys you are doing great motivational works.could please add how did you process PR in Portugal,thanks.

[@wise1beats]

FIrst 😊 thx for knowledge you two! #OurRichJourney🌍

[@OurRichJourney]

Thank you sooooo much!!! :)

[@becomingabillionaire]

I hope to meet you guys one day, big fan of the family!!

[@OurRichJourney]

Aww, thank you so much!!!

[@marietaylor5174]

I look forward to your videos every Sunday, and they never disappoints. Thank you very much!

[@wandasworldhaircarejourney5788]

Great great video

[@davidlouis1298]

I set my Roth IRA in this manor and see results already. I wish i would have started this journey years ago. Thanks

[@Kiki-837]

I think you you everyday guys, it's good to have financial independence. Working on that goal too