Latest Stock Buy For Child Investment Portfolio: RA

Updated: 14 August, 2019 seen 131

On May 10, 2019, I bought 28 shares of Brookfield Real Assets Income Fund Inc (RA) at $22.03 per share. With its monthly dividend payout of 0.20 dollars per share, (before tax) this latest buy has a dividend yield of 10.84% and will pay us $5.60 (before tax) every month. Awesome! 

I bought this share for our little baby girl's stock portfolio. Our  0-month-old baby girl has a dividend stock portfolio generating already $36.21/mo. I'm looking to grow it towards $50/mo $60 by the end of 2019. The latest buy has made a nice little boost of $4.76 (after tax) to our monthly dividend income.

RA is already the seventh stock in our baby investment portfolio. 

I come up with a plan to build a high-yield $10,000 child investment portfolio by the time our baby girl will turn 2. (July 2020). Right now we are looking at $80-$100 monthly dividends by the time she will turn 2.  

Our child's portfolio now has as TTM at $434.52, giving daily $1.19 and hourly 0.05$.  Literally can't wait to see what it will grow by the time our baby girl will become a young lady. 

For the rest of the year, we are looking to get a dividend income of $33.32 (after tax) from this stock, which is about 1.62% from the total goal of $2,045 for 2019. 

2018 in Review and Financial Goals for 2019

Also, I should add, that the latest dividend gives a 12% growth to the total baby dividend portfolio

About Brookfield Real Assets Income Fund Inc

Brookfield Real Assets Income Fund Inc. is a closed-end investment fund. The Fund’s investment objective is to provide a high total return, primarily through high current income and secondarily, through the growth of capital.

The Fund seeks to meet its investment objective by investing primarily in securities and other instruments of companies and issuers in the “real assets” asset class, which includes the following: Real Estate Securities; Infrastructure Securities; and Natural Resources Securities (collectively, “Real Asset Companies and Issuers”).