3 Stages All Dividend Investors Go Through
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- เผยแพร่เมื่อ 30 มิ.ย. 2024
- In this valuable video I tell you about the 3 stages that every dividend investor goes through, something that should help you build your portfolio better as you push for retirement.
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Timestamps:
0:00 Intro
0:50 Money stresses
1:52 Things I’m fortunate for…
2:42 Manage your stress & be hopeful
3:56 Retirement
6:06 Stage 1
11:00 Stage 2
14:07 Stage 3
17:38 GenEx Channel Memberships
19:01 Please use my Seeking Alpha Affiliate Link (I’m sponsored)
19:15 Outro
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#DividendGrowthInvesting #PassiveIncome #DividendInvesting
In this valuable video I tell you about the 3 stages that every dividend investor goes through, something that should help you build your portfolio better as you push for retirement.
Join my channel membership as a GenEx Partner to access new perks: th-cam.com/channels/uOS-UH_s4KGhArN6HdRB0Q.htmljoin
My Seeking Alpha Affiliate Link ➜ www.sahg6dtr.com/2352ZCK/R74QP/ (I’m sponsored by them)
My FAST Graphs Link (signup) ➜ fastgraphs.com/?ref=GenExDividendInvestor
Use coupon code AFFILIATE25 to get 25% off your 1st payment (2nd month or payment would be normal price). If you choose an annual package then it should be 25% off your 1st year & then year 2 goes to normal price.
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Timestamps:
0:00 Intro
0:50 Money stresses
1:52 Things I’m fortunate for…
2:42 Manage your stress & be hopeful
3:56 Retirement
6:06 Stage 1
11:00 Stage 2
14:07 Stage 3
17:38 GenEx Channel Memberships
19:01 Please use my Seeking Alpha Affiliate Link (I’m sponsored)
19:15 Outro
Please LIKE, COMMENT and SUBSCRIBE to support this channel - it helps me immensely! Also, please SHARE this video with your friends :) Thanks, I really appreciate it!
Most Hispanic retirement plan is to go back to homeland so they invest and buy lands and house in homeland
Mindset is everything. A colleague at work told me about his uncle who had worked blue collar jobs from age 18 to his late 60’s. When he retired he had built up a multi million dollar portfolio of dividend paying stocks. This lesson of Uncle Fred proved that frugal living and prudent investing creates exceptional wealth. Keep teaching the message. The secret is saving 20% of ones income.
$30 a day ($900 per month) invested at 10% per year (S&P 500 return over 90 years) grows to
$651,000 in 20 years
$1.8 million in 30 years
$5 million in 40 years
Yeah the human behavior aspect of investing can be all the difference in the world.
Took me over a month but I finally was able to watch every video from this channel starting with the 1st one to this....worth every single second.
Wow, that's impressive!
challenge accepted!
I'm solidly in the first stage.
That’s good you aren’t in stage 0 ;)
Well done as always. I feel the same way i really enjoy being retired and don’t miss the craziness of my job. I miss some of my coworkers, but that’s about it.
Thanks! Ya, I sometimes miss some old coworkers but I just schedule time to grab lunch with them so that's fun :)
I have no choice but to merge Stage 1 and Stage 2 at this point. Basically started accumulating as I started planning for retirement. It's a bit late in the game, but so far, looks like im still on track. Looking to add some other streams of income in the next few months to accelerate accumulation.
And i can totally relate about the health issues. Sucks to come into the world with a congenital heart problem that a big chunk of earnings goes into health management.
Anyway, thanks again for the valueable lesson for today, and more power to the channel.
Makes sense... Most people never focus on accumulating nor do they actively research about investing, so I'm confident you will still do quite well over the long run :) And ya, having good health is such an amazing things to have, yet most of us don't appreciate it until something goes wrong..
Great video. Well researched and presented. Appreciate your straightforward conversational approach to teaching.
Thanks, I appreciate you watching and leaving a kind note :)
Love the positivity out here on your channel. Lots of good energy ❤️
Thank you so much, Nikolas :)
Excellent video GenEx. I agree with you on the dopamine hit from receiving dividends.
Thanks, I’m glad you liked it :)
Yes sir, nothing like dividend payday. Even better when several pay on the same day. On the 15th APPL, ABBV, O and PG all paid me on the same day. 😊
Great video 😊🇬🇧
Thank you! 😃
there was a study made by a insurance investment company I forget the name of it that found that the majority of those retired didn't retire at the age they choose if you choose dividend investing path you have more control of your life plus seeing those dividends coming in keeps you motivated to stick with it well done video much appreciated
Interesting, I'll look into the insurance study -- I love seeing data :)
I just started learning about finances a few years ago and man I wish I knew at 19 what I know now….. I am already explaining to my kids finances and hopefully they listen.
Great video!!
Thanks and good job trying to teach them :)
You are my hero. Well done as always. I feel the same way i really enjoy being retired and don’t miss the craziness of my job. I miss some of my coworkers, but that’s about it.
Thanks, I appreciate it! Whenever I miss my fun coworkers I just reach out to them and schedule lunch or something :)
Great video
Thanks!
Good morning. Thank you for another awesome video. Although Ive been investing for decades, Im greatly appreciate your insight on investing. Continue good health to you and your family.
Good morning to you, too, and thanks! I just finished a nice cup of java and am having fun answering comments :)
@@GenExDividendInvestor thanks great. I was researching the Nespresso machine you mentioned last week. lol. I’m using a $10 1 button coffee maker from Walmart. With a 2M portfolio, my wife says we should upgrade. lol.
@@cashflow68 I absolutely love our nespresso... but I stopped using their frother because it has that non-stick coating I'm trying to avoid.. But then I got "Instant Pot Instant Magic Froth 9-in-1 Electric Milk Steamer and Frother,17oz Stainless Steel Pitcher" and its way better than nespresso's -- both creamier froth and way hotter (I actually tested both with my thermometer heh).
Beauty way to start the day
Thanks for watching and commenting, Bruno, I appreciate it :)
the only thing i wish you did was upload more content more frequently!!!!@@GenExDividendInvestor
Commenting for the algorithm and for the jealous haters. 😂
Hehe, thanks :)
Wish we were closer in proximity so we could be bros outside of youtube! Always solid advice and solid content. Thanks brother!
Maybe we are and you don't realize it! Or maybe I don't realize it... ;)
Live frugally, invest wisely. It really is that simple.
Yes! You should start a TH-cam channel and just say that :)
Definitely between stage 1&2. Have been accumulating for 10 years, many more to go.
It’s a long road :)
My plan is to buy into dividend growth or sell puts and calls to make a little extra off them. Even just a couple percent extra a year really changes the latter outcome which is pretty crazy
That’s one of the beauties of investing.. lots of paths you can take :)
Thanks Genex. You are literally the person who got me into investing. Even when I told my mom a year ago I had an Ira and investments she was shocked and said she knew I didnt learn that from her and apologized. Which was just as surprising .
You're welcome :) I can kinda relate ax my dad told me stocks were like gambling... So what does your mom invest in?
@@GenExDividendInvestorShe never invested. She had Boomer-luck and always seems to fall into some money or a high paying job at the last minute. Then 3 years back she wanted to retire but didnt have near enough saved… unbeknownst to her, her brother sells a chunk of farm land that their parents left them in their will and boom she gets 700k after taxes. I insisted she get a financial planner to assist. So now she has a pretty bond heavy portfolio that she lives off of and comfortably retired while never having to be good with money 😅
Heh, well sometimes its better to be lucky than smart ;)@@eingram141
Thank you for the new dividend video GenExDividendinvestor. Curious what your thought is in my recent dividend I received from $BNS. I hold $BNS inside my Vanguard Roth IRA for two years now. The last two dividends I received had a withholding fee. This hasn’t happened before. Did the Canadian tax treaty expire? I haven’t been able to find any info on this. Thank you again.
Heyas Kevin, hmm I'm not sure. When I was first researching adding a Canadian stock my my retirement account I read some conflicting experiences where some people said they had some $ withheld even though it wasn't supposed to happen. I've not heard of any tax things that changed. I'd call up Vanguard and see what they say (I didn't have any TD withheld in my Fidelity account recently for reference, at least not that I can tell).
@@GenExDividendInvestor Thank you GenEx!
How do you handle taxes if your income is only or heavily from dividends? Do you pay quarterly estimated taxes or did you enable tax withholding on your brokerage account?
Howdy.. Since I don't have any real wage income, my taxable account is basically $0 federal income taxes since they are all pretty much qualified dividends (and an mlp which is roc so no taxes on it for the next 10 years). The dividends I take out of my retirement accounts I pay $ on. In terms of what I do is I don't pay quarterly taxes nor do I enable withholdings -- I just set aside some dividends come tax time.
Im 100% in the first stage. Im from Brazil i prefer blue chips like Gerdau and a Logistics real state fund which are far safer too! Very small portfolio of R$100.000,00. Started only one year (im in my 30s) thanks to you and very happy receiving my R$ 500,00 each quarter!
Congrats for starting :)
Good video
Thanks Miguel! Please consider sharing it with someone you think it could help :)
Hear you on the health! Million dollars is worthless if your health is failing! Stay positive and keep up the great work! 👍🏽🥳
Ya its one of those sad things we tend not to learn until we already have lost something...
If you were to graph successful retirement plans on top of unsuccessful plans, then I believe the 4% rule is supposed to be the dividing line between them. It's sort of a benchmark where you can ask yourself if that 4% amount is going to meet your needs or not. If not then your plan needs some adjustment. The ideal scenario is obviously being able to have your passive income not only meet your needs but have enough left to keep growing your asset base.
Statistically it should be ok, but if you live too long or the market performs worse, then it probably won't be ok.
Ive always been more into growth. But as i get older, income is more and more important. I remeber seeing a book all about this whacky idea called "drip" way back.
As long as you’re investing intelligently I think things will turn out good :)
Your aristocrat patreon has been sold out for some time is there any other way to get access to your spreadsheet? Thank you for your continued advice and content
Howdy, sorry no.. it’s accesses my backend database and it calls apis (that I pay to use) so it doesn’t work standalone.
We always talk about moving over seas. I think it’s more fun to fantasize than something we’d really consider. I should probably retire.
I've been watching some youtube videos of people who moved overseas -- helpful to hear their insights about what they like/dislike..
@@GenExDividendInvestor Yes. I have as well. Also visited Europe for two months 2 summers ago and Asia last summer. We’ll decide where for this summer as well.
I just think we’ll miss our comforts of routine (if that makes sense). I am not sure if I just like to fantasize or if I really want the adventure.
What are your thoughts on LEG tanking as of late?
I think they are going through some tough times -- hopefully their management can navigate (and I'm glad I sold it when I did).
@GenExDividendInvestor I'm hopeful they can navigate as well. Granted, I only have 22 shares, so it won't be a huge loss if they can't.
Can you make a video regarding “The Great Taking” comments, concerns, etc
I'm not too worried about it -- I think there will be depressions, recessions, black swan events, etc... But I think that if I own a basket of good companies then I'll make through whatever gets tossed our way (unless we all die, in which case it won't matter ;)).
@@GenExDividendInvestorthe premise of "the great taking" is that you do not own your stocks outright, rather you have some kind derivative ownership claim which can be recinded if the clearing houses (or some such financial plumbing entity) need your assets as collateral.
Ergo, the great taking is an event in which you lose your assets.
Entirely different premise from black swans or market crashes.
Im not articulate in the details (obviously), but in a non sky-is-falling way, it might be worth your time to look into it. If nothing else, its an interesting detective story... the victim is your assets and the assailant is a crazy network of laws, regulations, amd practices regarding property rights, the stability of the global financial system, the big banks, and probably the intelligence agencies.
I'm somewhere between Stage 2 and 3. I reached my income goal but have to keep working to pay for child support. 5 years and 4 months remaining...
Divorce can definitely be a tough financial anchor to deal with (as I saw some close folks go through divorces).
@@GenExDividendInvestor I actually have more money now than when I was married. I had a big house with a big mortgage. Now I can live frugally in my 1 BR apartment that I share with a roommate with benefits 😀
Ahh nice -- probably smart that you downsized :)@@hansschotterradler3772
in 23 and am striving to increase my estimated yearly dividends every single week
It’s great yer investing :) Make sure to focus on great stocks (ideally at good prices) above all else :). Of course most people historically have done best just going with VTI (over the long run).
Currently, im 28 years old with 50k invested. I'm in the first stage! I make 237 a month, most people in my life tried to scare me out of investing. I'm currently focused on paying off debt and building savings, but once that is all taken care of, I'll be adding back to the portfolio aggressively.
Congrats for investing at a young age :) I also experienced people telling me how the stock market is too risk (i.e. my dad, haha).
It's funny how the twist and turns of life changes goals and dreams. Back in 2019 I thought for sure I would be working to age 62 to get that additional 10% bonus to my pension. But here, 5 years later, I am submitting retirement paperwork early. An unexpected development with life, but Stage 1 and Stage 2 makes this stage manageable. Thanks for the video and the great DC channel. Game changer.
You're welcome and I hear you.. Sometimes terrible things can influence positive change and even best laid plans can go awry...
How do you feel about JEPI or JEPQ? I’m sure it’s buried in a video of yours but I can’t find it.
I think its risky but if you are in retirement and need income then I think a small % feels comfortable to me (I'm long JEPQ). I wouldn't recommend it if you didn't need passive income now (i.e. most young people).
@@GenExDividendInvestor thanks for the reply. Do you think O is a buying opportunity now or is brick and mortar a dying sector?
I just tweeted something about this :)@@anthonyjames4319
@@GenExDividendInvestor I assure you if I had a Twitter, I’d follow you lol.
@@anthonyjames4319 A solvable problem if you want your answer ;)
I'm 40.
Started investing 8 months ago at age 39.
$2,200 portfolio so far. All ETFS.
I Have kiwisaver $44,000 so far which here in New Zealand like a 401K like you guys have in USA which I started at age 32.
Hopefully by retirement I'll have my kiwisaver and dividends and the pension so hopefully by retirement life should be sweet.
Nice congrats! I visited the north island once- it would be fun to retire in NZ :)
@GenExDividendInvestor oh cool mate👍. I'm on the West Coast of the South Island.
@GenExDividendInvestor and Thank you.
I'm Abit late to the investing game but I have the bug now to invest any spare money
Im 30 right now. I think i have to work until 70 or death. So i might or might not retire.
So i took matters in my own hands and i'm in stocks hoping to retire at 50 years old.. I both have dividend but also growth stocks. The growth stocks is only for profit and the profit then need to go into dividend stocks. So my growth stock is only there to gain more cash and i want to keep it a low amount invested. I might add some more if there is a market crash. But we will see.
Because i'm still young(ish), i can risk a little more with growth stocks.
At the moment my dividend is not high, but it's still more than staying away from investing which is why i'm proud of where i am right now with my reasonable small portfolio.
Thank you so much for your video's. It helps for when i feel insecure because my stocks might not be making the gains everyone would want. Mindset. Slow growth is also growth!
Thanks for sharing and you’re welcome :). It’s great you are investing!
@@GenExDividendInvestor i think so too! I had a choice.. stick with my 9-5 and not make any more money than that or create another stream of income.. so i did
Worrying is the debt you pay in advance, on a loan you may never take out
Good one :)
I live like a homeless person 🤪
Hehe
haha ,but u have 800K in your portfolio.
New microphone or damper? Much clearer. Just wanted to help with the feedback. Hope all is well.
Thanks, I really appreciate feedback like that cause I'm always trying to improve. What's a damper? (I could google but its fun to ask). So I did recently get a new microphone and have been experimenting with ways to reduce static in my mic (I have a gaming pc so the fans always are running which leads to static in my recordings -- I need to get a Mac as that doesn't have spinning fans, lol), and in this video I used one of my audio editing tools in a different way (in hopes to make it sound better) -- so that's cool you noticed -- I liked it more as well :)
@GenExDividendInvestor damper (many things depending on the application, usually shocks/struts are a popular one) often times confused with dampener (to make wet). In the case of sound, it is anything that cuts down the vibration energy, typically the peaks but also lowering the average, as well as cutting down on surround or background noises/interference.
You could look at it as anything that helps not dissipate but to numb the transfer of energy through any media. I hope my vibrations and sd&r professors are proud. Damping, energy (in your case, microphone isolation shield if I'm not mistaken) ... dampening to make wet. 😅
This concludes our brief engineering session.
🙃👍
@@td4531 I also got a new mic cover (as my shield wasn’t positioning correctly), so I think that’s kinda a dampener :)
@@GenExDividendInvestor fired for being a wiseguy😂
I'm going to start calling dividends interest.🤪🤪
What ever happened to Captain Obvious? 😂
Good question!
People retire later than later because the US society has turned materialistic! My family and I live in a 2nd tier city but can afford a $600k house, a family of 4 on $50k a year after tax.
I feel like the US has been materialistic since before I was born :) But yes, excessive spending will negatively impact time to retirement -- and overall lack of budgeting and lack of financial planning combined with average wages not having the same buying power as before all contributes to it.
That’s impressive. My property taxes are $8000 a year and health insurance for 3 people is 12,000 a year. 2500 a month would be a very difficult.
@@InvestingWithAdamK $50k a year after tax is approximately $4.1k/mo. Not $2500/month. Our house is paid off. Monthly we have $1000 property tax, $700 healthcare for family. Rest for monthly… so approx $2400.
@@logicae4096 ummmmm??? So I was $100 off. I didn’t realize that was major. I had already done math for the taxes and insurance. That’s where I came up with $2,500 a month. That’s a tight budget
Electric, gas, water, car insurance, home insurance, cell phone, internet, will likely eat into another 1000-1,500 of it.
@@InvestingWithAdamK Thanks for clarifying…. Not that tight for us but each have their own situation!
Toxic jobs l, yeah I heard that
They suck!
Honesty don't see retirement as a possibility, unless I come into some luck, leave america , or america stops rug pulling by claiming inflation is going up at 2% yoy when it is really 20-30%. I think those statistics are wrong. Alot changed in the last 10 years.
What about when you hit 62, get social security, and you've build up some dividend income as well.. Then you downsize and move to Thailand or Vietnam or Costa Rica (where your money will go much further)?
@GenExDividendInvestor That could possibly be my emergency exit plan Genex.
Living in a foreign land is a sacrifice also. Throwing away your known values for a new places guidelines. I think it's popular these days because many of these travelers are there for other agendas... If I have to leave here to deal with them and their recklessness over there. Might as well stay here. There so many expats these days their starting to corrupt the locals values in these foreign areas. ....by the time that age arises ...not sure what those areas will look like or if my mindset would be the same. Leaving america would be the extreme case....we shall see as technology evolves and absorbs.
You can’t beat your fish but you can beat your meat. 😎
lol