For years I have invested without having a clear strategy, I was looking for a trading style that suits me better. Three years ago, I decided to diversify my sources of income. My security portfolio moved to Real Estate / dividend income portfolio. I also have an interest for options and i noticed i am able to generate a little income on a regular basis. This additionnal income will be welcome at retirement time.
The portfolio is based on a buy and hold strategy. This does not mean it is a passive income. There are many readings, researches and analysis. I am trying to do my homework more and more seriously. This is a welcome additional income but it is not as passive as we can read everywhere on internet. For example, this will never allow me to own a luxury car or some other luxury stuffs but i might enjoy from some extra salaries every year. It is a more reasonable point of view.
I decided to have benchmarks and indicators in
accordance with the « SMART » (Specific, Measurable, Achievable, Relevant and Time bound) approach. I defined some income goals until my retirement they are probably optimistic but it is a good motivation to reach the target.
I started to modify the strategy of my equity portfolio by transforming it into a real estate portfolio. This portfolio allows me to benefit from generous dividends.
You can follow the journey on the real estate portfolio page.
Due to the small size of my portfolio i am investing in ETFs for a better diversification. I am investing into real estates, bonds and index through ETFs.
You can follow the journey on the ETF page.
My second source of income comes from options trading. I use several options strategies to generate money but the main one is option selling.
You can follow the journey on the options page.
Finally, I also have a small crowdlending account opened in 2019. I will tell you later whether the test is conclusive or not.