
If the portfolio makes it’s target for 2025 of 10k, after ten years if the dividends are re-invested at a blended yield of 7% the income target will be 20k.
If you stay invested for another 5 years, the income would rise by another 7k but only with a dividend re-investment plan.
“A journey of a thousand miles begins with a single step” is a Chinese proverb that originates from the Tao te Ching. The meaning of this saying is that even the most difficult and longest ventures have a specific starting point. Similarly, it implies that daunting tasks can typically be begun by doing something very simple.
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