Here are the two accounts mentioned in the video: General Investing - Trading212: Get a free share if you use code DIVEXP www.trading212.com/promocodes/DIVEXP ETFs - InvestEngine Get a Welcome Bonus of up to £50 when you invest at least £100 with InvestEngine (Ts&Cs apply). investengine.pxf.io/TheDividendExperiment
Tax is a major consideration. If you want an income of say 20K a year, compare how that 20K would be taxed if it was from dividends or was from selling shares. You pay a LOT more tax on dividends because the whole 20K counts as income and is taxable (minus tax free portion) but when selling shares, only the gain is taxable (minus tax free portion). Also, dividends are added to your total income and can push you into a higher rate tax band far more easily than capital gains will.
Ive opened a trading 212 account ive put in 20k im DCA £70 a day into Microstratergy and Tesla in a pie 50/50 I want to rebalance weekly can I automate this part I just want to set and forget ?
@@TheDividendExperiment I think a week+. Gonna have to look into it a bit more. I think it’s easier to find ETF’s on invest engine. Like expense ratios etc.
Wouldn't it be smart to invest into a fund like VUSA, and then sell those shares 20 or so years from now into a high dividend yielding fund? The gains you make from selling would help buy loads more shares from the high dividend yeilding fund right?
Best way for div income is sell after xd (when in profit) then pile into another before xd. l don't wait for naff all. LOL Divs every week for me...An ambition could be to get them every day...
Here are the two accounts mentioned in the video:
General Investing - Trading212:
Get a free share if you use code DIVEXP
www.trading212.com/promocodes/DIVEXP
ETFs - InvestEngine
Get a Welcome Bonus of up to £50 when you invest at least £100 with InvestEngine (Ts&Cs apply).
investengine.pxf.io/TheDividendExperiment
Tax is a major consideration. If you want an income of say 20K a year, compare how that 20K would be taxed if it was from dividends or was from selling shares. You pay a LOT more tax on dividends because the whole 20K counts as income and is taxable (minus tax free portion) but when selling shares, only the gain is taxable (minus tax free portion). Also, dividends are added to your total income and can push you into a higher rate tax band far more easily than capital gains will.
If the dividend stocks are in a ISA. All capital gains and dividends are tax free.
Regarding ISAs....Am I allowed more than one pie on Trading 212?
yes
Yep!
Many thanks to you both!!
Ive opened a trading 212 account ive put in 20k im DCA £70 a day into Microstratergy and Tesla in a pie 50/50 I want to rebalance weekly can I automate this part I just want to set and forget ?
Without commenting on the strategy itself, I don’t think you can automate rebalancing
When will be the next payday in this pie?Thank you.
Which pie?
@@TheDividendExperiment Almoust daily..
@@zoltanvesei5956 will be this week, can’t say for certain as it depends on Trading 212
@@TheDividendExperiment okey thank you!
How can i join the discord please?
Thedividendtemple.com
Nice video as always
Is invest engine any good?
A lot of people have said they have slow withdrawals
Great for ETFs - if thats what you want. Personally haven't experienced or heard of slow withdrawals, how long are we talking?
@@TheDividendExperiment I think a week+.
Gonna have to look into it a bit more.
I think it’s easier to find ETF’s on invest engine. Like expense ratios etc.
Wouldn't it be smart to invest into a fund like VUSA, and then sell those shares 20 or so years from now into a high dividend yielding fund? The gains you make from selling would help buy loads more shares from the high dividend yeilding fund right?
Always great video 😊
Thanks again!
Best way for div income is sell after xd (when in profit) then pile into another before xd. l don't wait for naff all. LOL
Divs every week for me...An ambition could be to get them every day...
Like a dividend capture strategy?