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Wow, congrats! That’s an incredible milestone. I think $500 a month in dividends is a huge deal because it’s essentially passive income. You’re getting paid just for holding onto your investments, and that can really add up over time. Imagine reinvesting that $500 each month your snowball effect is going to be powerful
Congratulations! I just broke $620 for a monthly average! (Not counting retirement accounts). The snowball is really picking up speed. The compounding is real people. Hopefully I can push it up to $700 a month on average in the next 6-8 months.
2k annual dividends at 56k invested is wild. That is very optimized dividends. That’s my portfolio level and I take 700. Though I’m not all in on dividends, but still, that’s surprising.
Just found this channel. If I’m looking to get started what are some dividend stock you can recommend or are there videos In Your library outlining how to pick dividend stocks
If you have the option, Roth IRA is the way to start but I don't think that this portfolio is through a Roth IRA. A Roth IRA is limited to $7500/year contributions (currently) and as he states in the video, he is currently averaging $2,500/month in contributions. Also, most 401ks that I know of don't allow individual stock buys, either ETFs or the 401k company's mutual fund etc. I would guess that his account is a standard money market account (I could be wrong though).
Appreciate you sharing this knowledge, thx. I’ve had a hard time understanding ‘live off dividends’. Maybe you can help. In order to live off them, you would need to stop reinvesting them and withdrawal each month, no? Aren’t these taxed, so we’d need even more to make up for that? And won’t the increase stop since we are no longer reinvesting? Also, will you do a video l, or have you specific to the SCHD split since it’s in your portfolio?
Congratz I have a question though, I want to emulate what youre doing but read some comments that the dividends are taxed, is this true even if reinvesting them automatically? How much are they taxed? I am a disabled vet and my VA money isn't taxed so I am not sure if I will be taxed on this dividend "income" since it will be below the 20k and the rest of my money isn't taxable, do you know how this will work and give some advice? Thanks! :) Love your channel/vids
Hey! I'm from Europe, and here we can t invest in ETF's like SCHD... So i only have the option of individual stocks What stocks would you recomand? High dividend growth like MSFT or V? Higher yield like KO or JNJ? A middlegrounders like LOW or HD or just to go for mixt of all ? I'm 29 btw and just got started.
I loved to see you are contributing $2500 a month, that's pretty awesome! But it is a big number, do you mind sharing how are you doing that? I have a very well paid job in cloud computing and contributing $1600 per month which to me is still a lot. I plan to retire in 17 years, at age 53. That way I will have to live off dividends + selling stocks of roughly $1.6 Million portfolio, for 7 years before my Roth IRA and 401K contributions start paying me back. But I want to accelerate this, so wondering what job or business are you doing other than TH-cam that you are able to contribute $2500/month.
@@Dividendology what a beautiful story, we have a lot common between us. I closely work with Data Scientists on AWS services like Bedrock, SageMaker, Kendra and other core services. My dad has passed away in 2012 as well. That all said, I love and support the work you are doing for your family and your own future! We should connect outside of TH-cam like on Twitter or something if you’re interested. Good luck brother!
Eli, why does flipping the model not work as well? That is, high yielding and re-investment to build fast capital growth then dividend growth for retirement years?
I am averaging just over $600/mo in dividends right now, and SCHD makes up half my portfolio lol With the 3:1 split that just happened, growth should be nice going forward.
Our economy will likely tank as billionaires pull out of the market as it's no longer nearly profitable for them to invest in stocks. Not to mention with the massive increase in corporate taxes a lot of big companies may not longer be American afterwards. They'll find greener pastures. I genuinely think it would be disastrous for the economy in the short term and especially the long run. Might be the end of true wealth in this country imo. The beginning of race to the bottom ie our money will be able to by stuff by the wheelbarrow eventually 😂. An economic system where nobody wins lol
I've only made roughly 8% total, or 2% annually, from investing 50% of my $150k salary over the past four years. i want to build a good investment portfolio and have been looking at videos and doing research to be more educated. Where should i invest this for stable cashflow?
Congratulations!!! This is a huge accomplishment! I wish to reach this soon, thanks for posting these videos, it motivates me a lot :) I just bought more SCHD, now I'll just add to it weekly/monthly!!!
It looks like SCHD dwarfs all your other investments (individual stocks). Since you are young, you should probably go more for growth. SCHD is probably a "safer" investment, but in the long run, more growth oriented stocks should outperform SCHD. But it depends on your viewpoint. If you want a safer route, continue with SCHD. If you want more potential overall wealth (and you are young and long term), individual dividend growth stocks may be a better way. I would look toward SCHD for people that are closer to retirement or are already in retirement.
I will also hit $500 a month by the end of this quarter. Right there with ya. My monthly contribution is $1500 a month. I’m planning on using my Heloc this coming year when the market tanks. Currently have no mortgage on my house.
If i had 205,000 could i replicate your portfolio and earn the same monthly dividends? or are you getting this yield because you have a higher yield on cost?
@@Dividendology Ok this really shows the importance of investing early to get a good yield on cost as companies grow their dividends. It would be cool to see what you would earn with your portfolio size if you were to buy now vs when you did buy!
@@kaizokud42 He's getting better returns on the position he holds rather than the normal returns you would expect from holding the same positions as him. Basically, he bought stocks when they were at a lower price point than most people who bought them.
Do you invest/max out Ira account before investing in this taxable brokerage account? I hear it’s best to max those out first but don’t like the idea of that money being locked until retirement in case I want to liquidate to use for another investment.
This depends on what your goals are. If you are someone wanting to live off dividends and retire early, retirement accounts may not be your best option. With that being said, some retirement accounts do provide some nice tax advantages.
Aren’t you better off simply buying the sp500 which will most likely double your money about every 7-8 years on average and not have to pay taxes on your dividends?
Congrats @dividendology. I also started taking serious the world of investments and dividends two months ago thinking of my son's future. Im 30 years old but is not late for my son to get my benefits😂
2500 a month contribution is an anomaly. The average Joe cant do this. I contribute monthly 2300-2500$ as well, we are on a different bucket. I like more growth thou, dividends are fun but i am young.
Start showing examples of people who are hitting the 401k max every year. ($69,000). There’s a lot of us and not a single person I follow does any projections for us.
Dividend growth provides more capital appreciation and dividends long term. Yield now is great in certain circumstances, but I'm investing for the long term.
Yeah this year I hit 500 per month on a 30k portfolio. It is a great feeling. I do not DRIP. I let the cash accumulate and after several months buy something else. Also am adding 8k per year in New contributions. My goal next year is to hit 700 per month. The year after 1000 per month.
you might want to look at the math to see if that cash being idle is worth it. personally, i'd reinvest the dividends and put the new contributions towards new things.
@@jetah50 I have thought about it. I have a Fidelity account and their money market pays me each month for uninvested cash. Sometimes I "double dip" by selling cash secured puts. I get the premium from the options plus Fidelity still considers it as uninvested cash so I get that dividend too. Not all brokerages pay as generously as Fidelity.
Need some help and you guys in the comments have been great in the past!! Looking for good stocks that pay dividends in February, May, August and November. Any suggestions? Thanks guys!!
🚀 Access Tickerdata and my Spreadsheets: tickerdata.com/
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🔥 Join my free newsletter! dividendology.substack.com/
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congrats! 6k a year isn't nothing to sneeze at.
i'm making 6k per month with Ymax and roundhill
@@commonsenseisntcommon1776 well don't sneeze at it.
@@commonsenseisntcommon1776 net or gross
*sneeze* 🤧
@@commonsenseisntcommon1776more details please
Wow, congrats! That’s an incredible milestone. I think $500 a month in dividends is a huge deal because it’s essentially passive income. You’re getting paid just for holding onto your investments, and that can really add up over time. Imagine reinvesting that $500 each month your snowball effect is going to be powerful
If you're just reinvesting the dividends, why do you even look for dividends? Just let the capital appreciate in a non dividend payer?
Congratulations! I just broke $620 for a monthly average! (Not counting retirement accounts). The snowball is really picking up speed. The compounding is real people. Hopefully I can push it up to $700 a month on average in the next 6-8 months.
Congratulations!!!!!! Good to hear of people making it🎉🎉
That is awesome!
Thanks to both of you.
Hopefully this video and other testimonials will help motivate people to invest. It’s easier than most think!
What are you investing in?
Wow man - $500 is unreal. Your snowball has really picked up a lot of speed this year...great job! Very inspiring 👏
Thanks Ryne!
Congratulations on your milestone! I hope to reach that soon.
You can do it!
Schd up to new all time high.
Just hit 4 k a year last month. Right behind you bud! Let’s go!
$500 bucks is what my property taxes just went up, at the rate of things my dividends are not keeping up with this inflation.
Make sure your dividend growth rate is above the rate of inflation.
now you getting the picture, Dividends are not supposed to retire you but to supplement your retirement.
Congrats on the milestone! We're all gonna make it brah!
🔥🔥
Best video you’ve ever made imo, love your channel ❤
Wow, Congratz! 👍
I only have 1/7 from currently…
Congrats! Major mile stone. Happy for you
Congrats! Keep up mate! 🤞
Just need to factor in one massive consideration.
A divorce can reduce that by not 50 but 75%
Becareful who you marry and have kids with mates!!
2k annual dividends at 56k invested is wild. That is very optimized dividends. That’s my portfolio level and I take 700. Though I’m not all in on dividends, but still, that’s surprising.
My money average is $25 😂 but I just started my brokerage account this year. Now that I (sorta) know what I’m doing, I have goals!!!
If you got the portfolio in a ROTH, thats almost your yearly limit in free money! Good job
I usually manage my own portfolio but I do really like SCHD now. I have a honey farm so thats more money pumped into my funds.
Congratulations! Its nice ro see your portfolio grow.
I’m almost at a projected 500$ a year in dividends lol. If I could get that to 500$ a month I can die happy 😂
Congratulations! 🎉 doing my best to catch up to you 😂
You got this!
Love the content and your projections they are very positive. Keep at it.
Are you accounting for taxes on the spreadsheet for the monthly dividends?
He doesn’t need to. His own spreadsheet shows 3.8% yield. Won’t keep up with inflation. So he’ll be broke. Taxes just make him more broke.
Just found this channel. If I’m looking to get started what are some dividend stock you can recommend or are there videos In Your library outlining how to pick dividend stocks
This video is a great place to get started: How to Start Dividend Investing for Beginners!
th-cam.com/video/Q5gCX0V2Juo/w-d-xo.html
@@Dividendology Thanks!
Hey just found your channel, Congrats. I had a quick question, are you doing these via Roth ira and 401k or investing separately?
If you have the option, Roth IRA is the way to start but I don't think that this portfolio is through a Roth IRA. A Roth IRA is limited to $7500/year contributions (currently) and as he states in the video, he is currently averaging $2,500/month in contributions. Also, most 401ks that I know of don't allow individual stock buys, either ETFs or the 401k company's mutual fund etc. I would guess that his account is a standard money market account (I could be wrong though).
congrats! i hit a consistent $100/mth in august. super excited to keep going
Congratulations on achiving such a major milestone.
These videos are so inspiring. Thank you!
So glad!
The crazy thing is anyone can do this if they try just don’t give up
Appreciate you sharing this knowledge, thx. I’ve had a hard time understanding ‘live off dividends’. Maybe you can help. In order to live off them, you would need to stop reinvesting them and withdrawal each month, no? Aren’t these taxed, so we’d need even more to make up for that? And won’t the increase stop since we are no longer reinvesting?
Also, will you do a video l, or have you specific to the SCHD split since it’s in your portfolio?
Keep in mind that 5k a month looks a bit too much :)))
I know countries with people who spend around 400$ a month
What do you use to find stocks do you have any good apps go use
Thoughts on just simplifying dividend investing with a dividend fund? Any dividend funds you recommend?
I like SCHD as well as DGRO
wow. How many shares of SCHD do you have?
Congratz I have a question though, I want to emulate what youre doing but read some comments that the dividends are taxed, is this true even if reinvesting them automatically? How much are they taxed? I am a disabled vet and my VA money isn't taxed so I am not sure if I will be taxed on this dividend "income" since it will be below the 20k and the rest of my money isn't taxable, do you know how this will work and give some advice? Thanks! :) Love your channel/vids
This video explains taxes: How to Pay $0 in Taxes on Dividends!
th-cam.com/video/iihCxg2Tcro/w-d-xo.html
Hey!
I'm from Europe, and here we can t invest in ETF's like SCHD... So i only have the option of individual stocks
What stocks would you recomand? High dividend growth like MSFT or V? Higher yield like KO or JNJ? A middlegrounders like LOW or HD or just to go for mixt of all ? I'm 29 btw and just got started.
It completely depends on your goals, risk tolerance, and time horizon. I'll likely be making a video on this soon.
Check FUSD and FGQI, they are very similar to SCHD
@@Dividendology would be amazing!
Thank you and keep up the good work 🤗
ETFs exist in europe, fidelity high quality income, Vanguard all world high dividend etc
@@da_mrbanana6190 but they track US companies ?
Great Job, your videos enspire us to invest vs spend.
I loved to see you are contributing $2500 a month, that's pretty awesome! But it is a big number, do you mind sharing how are you doing that?
I have a very well paid job in cloud computing and contributing $1600 per month which to me is still a lot. I plan to retire in 17 years, at age 53. That way I will have to live off dividends + selling stocks of roughly $1.6 Million portfolio, for 7 years before my Roth IRA and 401K contributions start paying me back. But I want to accelerate this, so wondering what job or business are you doing other than TH-cam that you are able to contribute $2500/month.
I talked about that here: x.com/dividendology/status/1843640540992024899?s=46&t=wpzI2zdMVKv2hHdLaJXqbA
@@Dividendology what a beautiful story, we have a lot common between us. I closely work with Data Scientists on AWS services like Bedrock, SageMaker, Kendra and other core services.
My dad has passed away in 2012 as well.
That all said, I love and support the work you are doing for your family and your own future!
We should connect outside of TH-cam like on Twitter or something if you’re interested. Good luck brother!
Thanks so much! And sounds like you’ve got some interesting work projects on your hand.
Feel free to follow me on Twitter!
Eli, why does flipping the model not work as well? That is, high yielding and re-investment to build fast capital growth then dividend growth for retirement years?
I am averaging just over $600/mo in dividends right now, and SCHD makes up half my portfolio lol With the 3:1 split that just happened, growth should be nice going forward.
The split won’t make it grow any faster
@@chriscenicola5653 Splits do prompt people to buy. Whether it makes sense or not.
Great vid, very motivating
What happens if Unrealized gain got taxed?
Our economy will likely tank as billionaires pull out of the market as it's no longer nearly profitable for them to invest in stocks. Not to mention with the massive increase in corporate taxes a lot of big companies may not longer be American afterwards. They'll find greener pastures. I genuinely think it would be disastrous for the economy in the short term and especially the long run. Might be the end of true wealth in this country imo. The beginning of race to the bottom ie our money will be able to by stuff by the wheelbarrow eventually 😂. An economic system where nobody wins lol
I've only made roughly 8% total, or 2% annually, from investing 50% of my $150k salary over the past four years. i want to build a good investment portfolio and have been looking at videos and doing research to be more educated. Where should i invest this for stable cashflow?
How long is that 36% return over?
Congratulations!!! This is a huge accomplishment! I wish to reach this soon, thanks for posting these videos, it motivates me a lot :)
I just bought more SCHD, now I'll just add to it weekly/monthly!!!
It looks like SCHD dwarfs all your other investments (individual stocks). Since you are young, you should probably go more for growth. SCHD is probably a "safer" investment, but in the long run, more growth oriented stocks should outperform SCHD. But it depends on your viewpoint. If you want a safer route, continue with SCHD. If you want more potential overall wealth (and you are young and long term), individual dividend growth stocks may be a better way. I would look toward SCHD for people that are closer to retirement or are already in retirement.
I will also hit $500 a month by the end of this quarter. Right there with ya. My monthly contribution is $1500 a month. I’m planning on using my Heloc this coming year when the market tanks. Currently have no mortgage on my house.
Be careful, banks can call HELOCs. And usually do in recessions.
when i am dead I can live off dividends
If i had 205,000 could i replicate your portfolio and earn the same monthly dividends? or are you getting this yield because you have a higher yield on cost?
I have a higher yield on cost. Plus I would never advise that you copy someone’s portfolio. Only you can decide your goals and risk tolerance.
@@Dividendology Ok this really shows the importance of investing early to get a good yield on cost as companies grow their dividends. It would be cool to see what you would earn with your portfolio size if you were to buy now vs when you did buy!
@@joshdoylerealestate can you explain "higher yield on cost" ELI5?
@@kaizokud42 He's getting better returns on the position he holds rather than the normal returns you would expect from holding the same positions as him.
Basically, he bought stocks when they were at a lower price point than most people who bought them.
basically, stocks I own have been increasing their dividend payouts since I bought them
Bro am on 19£ a month 😂😂😂
Do you invest/max out Ira account before investing in this taxable brokerage account? I hear it’s best to max those out first but don’t like the idea of that money being locked until retirement in case I want to liquidate to use for another investment.
This depends on what your goals are. If you are someone wanting to live off dividends and retire early, retirement accounts may not be your best option. With that being said, some retirement accounts do provide some nice tax advantages.
Don’t you think price growth and dividend growth sitting at 7% is very conservative?
I believe you have better future than this but hey Congrats man!
I believe it's very possible I'll have better returns than that as well, but I prefer to remain conservative when making projections.
Aren’t you better off simply buying the sp500 which will most likely double your money about every 7-8 years on average and not have to pay taxes on your dividends?
Congrats @dividendology. I also started taking serious the world of investments and dividends two months ago thinking of my son's future. Im 30 years old but is not late for my son to get my benefits😂
You have plenty of time!
Congratz!
If you re-invest dividends, are they taxable? Do they get taxed?
Yes unless you have them in a Roth
depends on a few variables. this video explains taxes: th-cam.com/video/iihCxg2Tcro/w-d-xo.html
2500 a month contribution is an anomaly. The average Joe cant do this. I contribute monthly 2300-2500$ as well, we are on a different bucket. I like more growth thou, dividends are fun but i am young.
Start showing examples of people who are hitting the 401k max every year. ($69,000). There’s a lot of us and not a single person I follow does any projections for us.
First!
🎉
You should improve your dividend yield. I collect $1500 a month on a little less than 200K. I don't even contribute anymore, just re-invest.
Dividend growth provides more capital appreciation and dividends long term. Yield now is great in certain circumstances, but I'm investing for the long term.
@@Dividendology I see. I'm an early retiree and still don't need my dividends yet. Different scenario.
Makes sense.
Is the 500 monthly dividend after tax ?
before for sure
No
Nice video. I have dividend channell too.
Yeah this year I hit 500 per month on a 30k portfolio. It is a great feeling.
I do not DRIP. I let the cash accumulate and after several months buy something else. Also am adding 8k per year in New contributions.
My goal next year is to hit 700 per month. The year after 1000 per month.
you might want to look at the math to see if that cash being idle is worth it.
personally, i'd reinvest the dividends and put the new contributions towards new things.
@@jetah50 I have thought about it. I have a Fidelity account and their money market pays me each month for uninvested cash.
Sometimes I "double dip" by selling cash secured puts. I get the premium from the options plus Fidelity still considers it as uninvested cash so I get that dividend too.
Not all brokerages pay as generously as Fidelity.
Need some help and you guys in the comments have been great in the past!! Looking for good stocks that pay dividends in February, May, August and November. Any suggestions? Thanks guys!!
So you need $2 million to retire?
Dude I just got a dog at the local adoption Center maybe I should open an account under my dogs name.
2😂
Yieldmax allows 10X the dividends per year 🤑
Not a fan of Yieldmax at all.