Retirement Guru: Retirement Income from TSLY
My Investment Journal
I firmly believe that successful retirement living hinges on us having a source of passive income. As I enter the pre-retirement stage of my life (55 years of age), I’m actively exploring ways to fund my future retirement. One of my current strategies involves investing in TSLY for its dividends, and this journal documents my journey and experiences with this investment. At the end of twelve months, this “experiment” will give us a sense whether TSLY is indeed a viable strategy for retirement income.
Background
As part of my retirement income portfolio, I purchased 100 shares of the ETF TSLY in July 2024 at USD18.64 per share. Since then, there was a market sell-off in August 2024 where TSLY closed at USD13.01 on 8 August 2024, and another sell-off where TSLY closed at USD12.51 on 9 Sep 2024.
Update: Month Two of Twelve
Today I received my second dividend payout of USD81.86 and TSLY closed at USD12.51. TSLY’s TTM is now 61.97% which means — if it remains constant — I can expect to receive total dividends of USD1,007.80 over the next 12 months.
