Why I Quit Dividend Investing
ฝัง
- เผยแพร่เมื่อ 28 มี.ค. 2021
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My PO Box:
Andrei Jikh
4132 S. Rainbow Blvd # 270
Las Vegas, NV 89103
I started my investing journey with dividend investing for passive income. I think it's one of the best strategies to start investing to get comfortable with. First I want to show you the benefits of why dividend investing is extremely powerful and then I'll tell you why I quit dividend investing.
Why dividend investing is the best:
1. Between the years of 1930 to 2017 dividends made up about 42% of the total stock market return. And in a flat market, aka a stock market that just goes up and down but doesn’t really go anywhere - the dividend income strategy is where it shines the most because you’re actually getting paid. You are “realizing” your gains, you are actually making money, not just on paper like you would with growth stocks but there’s actually money going into your account every single month. That’s powerful because you can then reinvest that money back into the markets and increase your market share and actually do better than people invested in growth stocks in that flat market.
2. Taxes. Dividends are incredible is because they are one of, it not the only investment that exists today where you can get paid without ever paying taxes on that income. It’s not a loophole, you don’t have to do any complicated accounting tricks, it’s the law. If you make between $0 to $40,400, you will pay nothing in taxes on qualified dividends if you file as forever alone. But if you’re married and you file together, you can make up to $80,800 a year in income and pay nothing. Just to blow your mind. That’s the same as filing jointly if you’re making $100,000 a year living in Los Angeles California - so that’s $20,000 you’re basically getting for free as a tax credit.
3 . It turns out the 4% rule that we’re told we can live off of without ever running out of money, aka, if we invest 60% of our money into the S&P500 index aka the VOO stock, and the other 40% of that into bonds, we could live like that without ever running out of money but, we can actually increase that withdrawal rate to 5% instead of 4% if we invested in the top 100 highest paying dividend companies in the S&P500. Dividends can give you a higher standard of living by 1%.
4. Better / more accurate retirement planning based on expenses vs passive income rather than selling off principe equity.
5. The psychology. It's much easier to invest long term as a dividend investor with a better mindset.
Reasons why I quit.
1. When I started my TH-cam channel, I was making a lot less than $40,000 a year, so at that time, it made sense to focus on dividend investing because I wasn’t paying taxes on my qualified dividend income. Now I’m really fortunate to be making a lot more than $441,451 dollars a year - I’m now in the highest tax bracket where I will be paying 20% on my passive income.
2. Growth / index fund investing gives a better overall return. I’ve searched decades of data to try to find some dividend index that beats a broad market index like VTI or VOO and I have found zero of them. They don’t exist. I looked at SPHD, SCHD, VIG, VYM, NOBL, all dividend focused ETFs but none of them - over a long period of time have historically beaten broad market funds.
3. Goal is to FAT FIRE instead of just FIRE. This means my new goal is to make $100k passively in income per year.
4. I’ll be buying more of VTI and VOO ETF stocks - which is the broad market index and the S&P500, they track almost identically in terms of how they perform, there’s almost no difference but I like VTI, the whole market because it incorporated companies like Tesla earlier before the S&P500 did, and I like VOO because it’s almost the same but it gives me the benefit of tax loss harvesting where I can sell one and buy the other and it wouldn’t be considered a wash sale. I guess "I quit dividend investing" is a little dramatic, I’m no quitter - I’m just taking a detour while I'm earning a higher income.
*None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
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I see a lot of comments here that misunderstand. I didn't quit dividend investing (I'm still buying $100 a day of a dividend ETF, as well as a broad market one). I'm also reinvesting all my dividends which are on track to make a good income over the next 20 years - automagically. :)
Your title says “why I quit” I’m confused
Sir your title 😏
So your title is clickbait.
pure clickbait.
Then I think you picked the wrong title for the video my guy. Although it's just clickbait, I know. Not really good for credibility I gotta say :/
The real lesson here is that the real money is in starting a youtube channel giving financial advice.
correct. no need for dividends when he makes $1000s a day from youtube revenue.
right, dude makes 13k+ a month on patreon even. this dude could retire without investing a cent now
Hahaha so true...
Bingo
It’s called “fake it until you make it”
Imagine telling your friends to follow Andrei because he's the dividend king...and the first video they see on his channel is why he quit dividend investing lmaooo
LMFAO! BRO, this is exactly my first thought. All his videos were about why dividend investing was the best way to invest like a year ago and BAM. We got this video now lol 😆
Been watching and following Chicken Genius 🐔 instead 😏😏😏
Most people don't have his tax problem from making over 445k a year, which puts him into the highest capital gains tax %. It's still an awesome strategy, he is just maxed out. A GREAT PROBLEM!!! But how does he expect to contribute to a ROTH IRA with that income? I thought the cap was MAGI of 140k? 🤔
BTW. I've had a ROTH IRA for 10 years sitting with a stupid cash mutual fund until Andrei taught me what it is and how to use it. FML! I'm eternally grateful for what I've learned on this channel. 🙏
In a weird way it's actually an incredible endorsement though. He made it. Not solely because of dividend investing but he's set and it was a contributor. Everyone dreams of that kind of financial freedom.
Dividend Bull look up his channel
Growing and learning is a thing.. deal with it
*Successful people don't become that way overnight .most people you see as a glance-wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life*
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Thanks for this great and educative video. I had been living under average financial income until i came across EXTREMETOPPERS🟣COM Life have been better afterwards
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Thanks for this great and educative video. I had been living under average financial income until i came across EXTREMETOPPERS🟣COM Life have been better afterwards
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Thanks for this great and educative video. I had been living under average financial income until i came across EXTREMETOPPERS🟣COM Life have been better afterwards
Is there anything like proof recession stock? I am 58 years and would like help in managing my retirement portfolio which is currently $1.25M...down from a high of $1.67M….
It's a delicate season now, so you can do little or nothing on your own. Hence I will suggest you get yourself a professional that can provide you with entry and exit points on the securities you focus on.
Very true! I've been able to scale from $350K to $650K this red season because my FA figured out Defensive strategies to protect my portfolio and profit from this roller coaster market.
@@Stanleytucci819 wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
my financial advisor is DIANA LUISE HINES. A middle aged lady from USA who really knows her stuff
@@Stanleytucci819your fees are gonna be crazy
Spoiler: He's not actually quitting dividend investing, rather letting it compound on itself.
And he’s too rich so he get taxed rich people rates. So he’s just gonna stop contributing
Thanks.
Not all heroes wear capes
15:51 he admits it.
You are a hero
Top ten anime betrayals
lol
lmao fr bruv
IM DEAD
I thought it was a "clickbait".. 😣 he's the reason I started dividend investing and I'm forever thankful for him for that!
LMFAOOOOOOOOOOOO
*Its never too late to start from somewhere , I am lucky to have found this source, it’s the future*
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Thanks for this great and educative video. I had been living under average financial income until i came across EXTREMETOPPERS🟣COM Life have been better afterwards
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Thanks for this great and educative video. I had been living under average financial income until i came across EXTREMETOPPERS🟣COM Life have been better afterwards
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Thanks for this great and educative video. I had been living under average financial income until i came across EXTREMETOPPERS🟣COM Life have been better afterwards
Anyone have any idea which stocks may be experiencing major growth this new year season? A lot of people have been talking about a January bounce. I recently sold my Boca Grande, Florida, house, and I want to invest a lump sum before equities recover in the stock market. Is now a good time to buy or not?
I don't believe there has ever been a better method to understand how to enhance your wealth than by working with a skilled portfolio advisor who can research and experience a wide range of markets. The value of the U.S. dollar clearly has an impact on investing in a variety of ways.
@@jamesvigor6409 I located her, sent her an email, and we set up a call; hopefully, she will answer because I want to start 2023 on a solid financial footing.
In my experience, I wouldn't mainly because it is possible a crash could be coming in the next month, but it depends on the amount of time you have.
Long-term investors at night: * sleep and dream of dividends *
Options traders at night: * stare at ceiling in stress and horror *
HAH that's probably very accurate
Hahaha
Hard asset investors: Spoons with their favorite gun, surrounded by ammo, bullion, MREs and water bricks.
What type of options trader? Options are a complex investment; you can make money in many ways, unlike dividends. I can make a seven percent gain from selling calls. I can use less money to invest in a company to capture more shares by using options. Just learn about options before you knock it, especially since you can use them in many ways.
Not if you sell, and have the contract covered.
Sell call with a target price, if it hit ok profit. If it misses ok free premium.
Sell put with a target price, if it hit ok cheap share. if it misses ok free premium.
100% win, zero stress but you need to choose a good stock.
Next week: "WHY I BOUGHT THESE TOP DIVIDEND STOCKS"
Appreciate thanks for your review
W~T~H~A~S~A~P~P
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Haha
😂😂😂😂
😂
looking forward to the video ;)
If you want to save your time: he didn’t leave dividends despite having finally learned that the market outperforms dividend stocks over long periods of time. But, on the plus side, he not only had enough time to promote his affiliate link, but he got that mid video ad roll.
Haha! "mid video ad roll" >_<
Thank you, was wondering if he really did or not.
Only, the market DOES NOT outperform dividend stocks over time.
Morning Star says it this way
“A recent study by Factset shows that dividend paying stocks outperform their non-paying counterparts by a dramatic amount. From 1991 through 2015, non-dividend paying stocks earned just +4.18% return per year while dividend paying stocks significantly outperformed with a +9.7% average annual return.”
Thank you sir
Thanks.
💯
Every person in this country, if not the entire planet, aspires to be wealthy someday. However, the majority of people who aspire to financial security are unwilling to make any compromises. To be wealthy, one most be willing to give up any comforts, should you take a hard look at your lifestyle
Fear is a total failure when you give up Ambitiousness; and Success is a game of dice, you throw your $coin while your investment decides your goal
I'm impressed, noted 👍
16+ minutes to not quit and just say you're diversifying into ETFs? I want my 16 minutes back
Andrei’s videos are always like this: indirect videos that take too long to get to the point. The context isn’t even needed most of the time-Andrei just wants the viewing time because it buffs what his channel makes.
Because you wouldn't have listened to everything he had to say.
Thanks for saving me 16 minutes Mike.
THANK YOU, seriously your post is MVP, this twat yammering on about nothing was putting me in a coma!
Clickbait. But thanks though, after reading your comment I'm not gonna waste my time and watch this video.
Andrei : I'm quitting dividend investing.
Also Andrei : I'm not selling my dividend portfolio and I will continue to let it do what it's been doing all this time.
I guess what he meant is that he’ll stop depositing
Yeah sorta click bait’y 🧐
I think he also has stopped taking the dividend payouts and has decided to actually let them compound. So yeah, stopped dividend investing but has just chosen to let the divs RE-invest.
Dividend investing is dog shit
I personally think it'd be kind of stupid after you've actually gotten results like that. It's like he'd be quiting digging before hitting gold.
"I make money while losing money" - Mr. Beast in a nutshell.
Best comment here
southgatescapital manages my funds. im up 58k
search it, first web.
then hit the livechat
heard of them before.
🌈 THE BEST DECISION I EVER MADE IN MY LIFE WAS INVESTING IN FINANCIAL MARKET. TRUST ME GUYS, IT PAYS! 😊❤
when
"Why save 50% when you can save 100% and not buy anything at all?" I think about this more than any reasonable person should
When women brag about how much they saved on some piece of crap item, I say, "Wow! How much do you usually have to spend to save a thousand?"
Live in means and your meanings will be true and clear.
Same lol we invest in nothing more than the ability to be included in commerce socials
Hell yeah, we all should embrace this approach! Too often discounts are seen as "saving" money when it's just an opportunity to spend a tiny bit less! Typically, unless your investment is a researched and appropriately valued stock or something similar you will lose money.
The soul needs only friends and family to be happy. The five regrets of the dying, not one mentioned they wished they had more money. Go live!
I'd love to hear about the mega backdoor roth ira, as well as your feelings on the Roth Solo 401K
Andrei: 20% of taxes is a lot
Me: laughs in Finnish (34%)
Laughs in Dutch, (49%)
@tom
You must be kidding.... That can't be true.
I'm from Germany an think 27% is a fucking lot
28% portugal, not too bad compared to those taxes, but not as good as the us
Laughs in Hindi(India) - (30%)
Laughs in nyc 38%
The truth is...he didn't "quit" dividend investing. He left $350k USD in his dividend payers. This tells us all that he still thinks it's wise and important. I do a mix of dividend payers ( ETF, split share funds, closed end funds and also growth index funds ), which I believe is the best of both worlds. You got the long term time in market with them both PLUS you also get the monthly dividends paid out on DRIP or cash. Which, in turn, gets re-invested into these funds and creates a massive snowball FIRE affect after 20+ years of being diligent and dedicated to growing the portfolio. Thanks Andrei! Great video as usual. Take care!
What he said!!
But don’t you have to pay taxes kn the dividends if they’re not in a retirement account? Even if they are reinvested. I mean if you are past the single filing 40,000 income limit or the married joint file one. Imagine you are reinvesting 100,000 dollars worth of dividends in 20 years before you’re ready to retire. Now you have to pay like $20,000 in taxes, right?
he quit investing new money but didnt sell his purchased stocks
Dividend investing doesn't make sense for Andrei since he's in a much higher tax bracket than most now. For the rest of us, who are not, dividend investing is still the way to go! Keep investing!
Do you have any recommendations of other channels that invest in dividends?
I follow dividend bull here on TH-cam.
Any tips?
Way to watch the same video we did homie.
What’s stocks are best for dividends?
"Why I quit dividend investing (as a Bitcoin millionaire)"
Why I Divorced from Dividends (As a crypto millionaire) LOL
So not against dividend investing, just too successful at it, congrats mate
Great video !👍
Me: *has 5k In dividend stocks*
“This man about to end my whole career”.
I am never going to financially recover from this.
I felt the same way, and the he explained it's because he makes too much money. So I think ill be good for a bit.
I'd rather put it in bitcoin
5k? enjoy the 30c in dividends
“I make money by losing money” - every unprofitable growth/tech CEO when the IPO makes them a billionaire
"Wealth is like sea water; the more we drink, the thirstier we become; and the same is true of fame" Arthur Schopenhauer
Great vid, thanks!
I mean, I’m still gonna do both growth and dividend investing. Gotta diversify that portfolio!
Exactly. Using one trading strategy only is a surefire way to fail
I just noticed your sub icon looks a lot like Ark Invest. That's a good sign. Subb'd.
I see what you did... all in with margin on Ark - thanks Kevin 😂
🤣😂🤣
The only reason kevin comments is to advertise his channel. Meet Kevin is the poster boy for r/punchablefaces. lllaaaammmaaa
Love that there's a scammer right above the real him lol
I dunno who this MeetKevin guy is, but he should start a finance youtube channel
In the world right now, wealth is shifting and inflation is rampaging every sector but the smart ones know that it is best to put your future with a trusted professional to secure and even grow the value of your asset and that's why I am stuck with Suzanne Stephens Ellis, I have experienced amazing growth in my Portfolio since I joined her platform in March 2020, I can't say thanks to the pandemic but it was during the pandemic I realized that there were more options and found a new understanding of finance.
Great content. Everyone needs more than there basic salary to be financially secured. The best thing to do with your money is to invest. Money left in savings always end up used with no returns, actually this the second time I am hearing about the same Suzanne, she must be pretty good.
Looking forward to your next work..
Your whole schtick was dividend investing, wasn’t it? You were the dividend guy.
It’s good to have both
Ya, until he got rich and unrelateable
I agree with him. My plan is to dividend invert until those divies can buy bigger growth stocks. Its the smart play. I fully back his decision . Once you get enough monthly you can splurge on bigger things .
Makes a ton of sense! This is also a good message about having multiple sources of income and how a passion for somthing can lead to much financial success!
yes, until the greed appeared
Make that video about the Mega backdoor Roth IRA, I'm a financial nerd!
I know, I’ve seen a video on it but I know he would do a much better job explaining
I’m glad you’re staying visible even if you don’t have to. Says a lot about your character. May your success be 100x before you retire! Looking forward to your future videos to help me 10x my portfolio.
Thanks for watching don't forget to hit up the subscribe button
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Yes IRA conversion video
"The best time to buy stonks, is all the time" - Spongebob Stonkpants
😂
Bahahah
Wait, wasn't it Patrikson Squidwardillo?
The only right answer
Everyone keep your heads High there’s a great year coming for investors!!
That backdoor IRA investing though. I’m ready for that video
Biggest Flexes In Animé: Tax & Retirement Edition
Definitely make the Backdoor Roth IRA video!
I just wanted to say thank you for explaining it bro. I appreciate you.
Your $781 from dividends video is what inspired me to get into dividend investing. Sad to see that you've graduated from dividends and moved on to bigger endeavors, but I'm happy for you.
Appreciate thanks for your review
W~T~H~A~S~A~P~P
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NOOOO!!!! YOU MADE ME FALL IN LOVE WITH DIVIDENDS
I still love them!
Good to have some growth stocks too tho
@benards_fx can help you with any info on Telegram channels🤝🤝🤝🙏🙏 base on Bitcoin
Funny, I just compared gains from my dividend portfolio since I started vs index investing last week and realized I would have done better with index investing. So I chose to sell my portfolio and put it in index funds. I’m too old to get enough money to make enough in dividends to live off anyway. Love dividend investing, but I started too late. Time to keep it simple for me.
I’m also 32, also investing about the amount you are. No one in my friend group talks about this stuff because like you said “it’s really nerdy” but I LOVE talking about it. Thank you for all your well-informed transparent insights. You are providing entertainment and education and I love it.
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Reads title
Me with my final $5 in my bank account: *impossible*
Lol
@benards_fx can help you with any info on Telegram channels🤝🤝🤝🙏🙏 base on Bitcoin
I love your dividend investing videos. I really hope you keep making them.
The hardest issue for most investors is stomaching a loss in their investments. And because the stock market can fluctuate, you will have losses occur frequently. You’ll have to steel yourself to handle these losses, or you’ll be apt to buy high and sell low during a panic.
As long as you diversify your portfolio, any single stock that you own shouldn’t have too much of an impact on your overall return. If it does, buying individual stocks might not be the right choice for you. Even index funds will fluctuate, so you can’t get rid of all of your risk, try how you might. With help, these are achievable. Levi Clemans, a pro IA oversees my trades. You can look him up.
Leviclemans(a)Gmai,,Lcom…or you can write him too for assistance
Leviclemans,info
on his webpage you can look him up online, and connect with him.
It's not a loss until you sell
He seems to have made 40% gains over the past year (0:37) which is unheard of for dividend investors. He certainly has growth names in there.
Ayes! I want to know and learn!
i'll keep collecting qualified dividends for the both of us
Hahaha
haha I didn't think of that, but I guess that could be a reason too, still not my top 3 though
Me too!
Andrei: I stop investing in dividends.
Me: Apocalypse?
April fools day!!
This is exactly the video I needed with explanations. Thank you Andrei!
I can imagine Borat watching this and freaking out over your "gypsy tricks" while talking about money. 🤣
Your the first person I ever seen ever talk about liking borat
Please talk about the mega back door Roth video! A lot of people need this.
Appreciate thanks for your review
W~T~H~A~S~A~P~P
+1~5~3~9~3~3~7~9~6~3~8.-.
What’s a mega back door? Seen some people touch on it but barely
Please do a back door roth video for us nerds!
I don't understand how he can do it if he does not have an employer that allows after-tax contributions to 401k.
Or just Google it lmfao
Would love the Mega Roth-IRA video!!
+ ❶ ❽❶❽ ❾❻❸-❾❶❼❻
Requesting mega nerd out.
I learned so much from this!
“You could not live without your dividends, where did that bring you? Back to me...” - Thanos (who knew he was a dividend investor)
I know that reference
Ooooo I like that. Then he snaps his fingers and stock prices drop in half... desperate times call for desperate measures when you want to increase your yield
Lol
reality is often dissapointing
I am a nerd. Make the video
welcome to the club andrei ; took u long enough =] ; also im sure everyone would appreciate the vid on the backdoor roth conversion
Yes! Please make a video on mega backdoor Roth IRA conversion! :)
Starting later than you did, but I am finding a great deal of excellent insight, experience, and advice in your channel. Thanks for your openness. A great many of us appreciate it!
Love how you broaden your options and still see value on S&P 500 index
I think I need Andrei to be the narrator of all the financial decisions in my life.
Me: * Goes to buy something a little too expensive that I don’t really need off Amazon*,
Andrei: “Do you really need that Zach? Reinvest that money, you’ll thank me later”.
I need this more than ever right now 😩
I just heard that in his voice lol,
Yes! Exactly! Think about each thing you buy as something that could be invested and earned 10x later. That thinking has helped me build up a $3M portfolio =)
The pandemic has taught us real lessons that we should always prepare for the worse. Throughout of being staying at home, I never felt the impact because I have been investing and making alternative income while working in the office before. This was not an idea of my own but rather what I gained investing through Karen Asnin Whitby who is an expert broker and funnily, I came across her name on TH-cam and searched for her online and today I can only thank her over and over again.
“Here’s a magic trick to convince you”
do a "backdoor Roth" Ira and sidestep the contribution limits!
yes lets nerd out! make a video! thank you for all you do
*Thanks for the review ContactmeOn whatsap +18326944706**..*
Andrei: I quit dividend investing.
Same day...
Jeremy: Holy Smokas this aint no jokas, I didn't know I love dividend investing until today.
And Andrei doesn't like dividend investing because of 20% taxes... *facepalm*
Jeremeys explanation is less about tax and more overall performance Because Growth value stocks that are bought at dollar cost averaged discounted prices that also have dividends allow both the huge performance when chosen well and dividend performance amd so what if you pay tax ? Pure Growth stocks require investment in speculating on future income and discounted value amd that apart from Tesla and Apple reversed crystal balling IS VERY COSLTY
Your portfolio essentially kicks out 1 share of TSLA each month... seems pretty epic
heck yea!
Nice! 😎 TSLA 🚀
I hope you keep on putting the same content because i just love your content and how simple you make it
Mega Backdoor Roth IRA video👍🏾
Yes please do mega backdoor Roth video
I really like this video because it also aligns with what I have been learning myself. In retrospect, it was inevitable. The way you invest is largely based on your age and how long you have been investing. As a beginner investor, growth stocks are a must! Especially because of the tax benefits. As you get closer to retirement you can then gradually transition those stocks into dividend stock so that you can start living of the income. You only pay tax on the growth stocks when you sell them, so you have control over how much you then transition over to dividend stocks. Don't go selling the whole thing at that point!
So you pay capital gains when you cash them in. Would the cash minus capital gains be greater than the value of the dividend stocks had you been investing in dividend stocks all along?
I don't think that's a smart strategy. What if the market tanks when you need to convert to dividend stocks?
@@justasimpleguy7211 you pay income tax on dividends. Let's face it, you're going to be paying tax one way or another
Please make the back door Roth conversion video!!! I feel like it’s so hard to find information about it.
Dividend looks so great, but there's reason they pay you the dividend. That's because they aren't confident making enough return on capital they invested in!
Mega Roth IRA pls!
You got me into the dividend world. Sad to see you go :(
Phew that title scared me , but definitely looking forward to a mega backdoor ira video
Nice one for Ghana
I want to hear more about the mega booster ROTH IRA!
Dividend investing is an expensive hobby.
This
Catfishing...
great quote
This is the best way to describe dividend investing in a nutshell.
oh yes. Spent $2k of my last paycheck on stonks.
When the crypto interest outweighs the dividends 😬😬😬
Thanks for the comments! And don’t forget to hit the subscribe button +44......-7......-5......-2......-0......-6......-2......-7......-0......-2.......-3......
WAS
yes!! pls do a vid on the mega backdoor ira 👀
*Thanks for the review ContactmeOn whatsap +18326944706*
So asking for the Mega Backdoor Roth video!
Huge fan. Did backdoor roth last year would love to see your video :)
Let's see that mega roth ira video.. thanks for the info man, I started with dividend investing because of you and then added some growth stocks because of Jeremy lol nice lil mix going
You nerd.. haha thank you!
WOW! MINDFREAK.
Yes, please do the mega backdoor roth IRA conversion video please! 🤓
can you make a video on creating a stock portfolio in your 20's, go in depth on growth etf's/sectors to look into
"You know how I got these scars? Investing in leveraged total return swaps"
-The Joker
LOLOL.... my old man....was a FIEND.......and a margin trader.
Hahah
make mega backdoor roth ira video!!!
Yeah, we are going to need to hear about that backdoor 401k Roth conversion
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I swear you were looking right into my soul when you whispered, "You nerd" haha yes please make a video on the megaback door roth IRA contribution.
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I love how he pimped dividends to grow his channel and now it’s all YOLO assets. I guess dividend investing doesn’t attract as many views so he needs to compete with Graham and MeetKevin.
Cuz yolo assets are better
watch the whole video lol or read the top comment
It's true, they'll make far more money from ad revenue talking about yolo meme stocks than they will investing their money in to a safe consistent asset...It's just a meta reversion to the mean. All content drifts towards the figures that favor the algos that drives them views. Dumb looking thumbnails, click bait titles, stupid face on the thumbnail, all of it drives the clicks, and that drives the content. Hard to find original content that sticks to its roots anymore.
Exactly why I unsubscribed from this channel
Yep, it's a trend for the English-speaking moneytubers: show a tried and sound method. Hype it to hell and grew an audience. After a while they see, that their active monkey - making is far greater than their passiv income, these ads are just kicking it... So they need always some new flashy to keep the attention. And so on.
Yes, do a vid about that backdoor increase ability with roth
Yeah, I'd definitely love to see you do a vid on the Mega Backdoor Roth
Same! If he doesn't I may have to do it myself lol!
Glad you found your calling buddy! I've been a long-time follower. Really enjoy the content. Keep it up!
I do growth investing and dividend investing. Also have international stocks and funds, and some bond funds. Also lots of cash. The key is to have lots of different investment sources.
Hey Andrei, I'm looking forward to the mega backdoor IRA Roth conversion video!
I'd love a video on the Mega Roth conversion. I couldn't afford to put in 6k a year until recently. But now I'm almost 40 and I missed out on a long time of contributions.
I like the reasoning behind your decision. Most investors don’t think about the taxes on their gains and 20 years is plenty of time for those dividends to compound on their own
Hey man!!! You really inspire me to do better. I appreciate you taking the time out to makes these informative videos thanks andrei
I appreciate that! :)
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Good video. The argument about stocks crashing and ruining retirement is moot though. The correct strategy is to restructure your portfolio as you get closer to retirement with either bonds or dividend stocks.