5 Dividend Stocks to Buy for $1000 a Month Income
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- เผยแพร่เมื่อ 1 ม.ค. 2025
- How many shares of stock do you need to buy for $1000 a month in dividend income? How much should you invest for that monthly cash flow? I'll show you exactly how and highlight seven dividend stocks to buy now.
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We all love dividend income but how much do you need to invest to make $1000 a month? How many shares should you buy in some of the most popular dividend stocks? I'll rank seven of the best dividend stocks with yields over 5% and how much you'll need to buy in each to collect $1000 monthly income.
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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through dividend stocks, investing and ways to make more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
Disclosures:
All content on this channel is for informational purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Trading stocks, ETFs, other securities, and/or cryptocurrencies poses a considerable risk of loss. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Should you need such advice, consult a licensed financial or tax advisor. When you make purchases through links in this video description, the author may earn a commission.
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Can I track Index Funds?
Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over. This is for stock holders.
Unfortunately, most people don't get this, the majority is after chasing tops/bottoms where they fail & get out of the game. Therefore, in the current bear market, we should pay more attention to the risk rate of the market. We must control the risk to a minimum and improve earnings. It is best not to blindly enter the market.
You can't really know the full risk rate except you are a professional. Reason I settled for advisory and guide from a stock. Never been the same again with my holdings
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
A very well-known and recognized person in her field is KAREN MARIE GENDRON. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon.
Biggest lesson i've learnt in 2024 in the stock market is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.
Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.
Investing Is more than reading quarterly reports. Learnt this from reading Peter Lynch's book. I believe there are people who do this for a living, and I just delegate the task to these professionals. That's how I make money from the market to be honest.
kevin S Mikan is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
I just looked him up on the web and I would say he really has an impressive background in investing. I will write him an email shortly.
the stock market is based on vibes honestly
Dividend stock is most effective when approached with a long-term perspective. While dividends can provide immediate income, the true power lies in the compounding effect over many years. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
This is definitely considerable! think you could suggest any professional/advlsors i can get on the phone with? i'm in dire need of proper portfollo allocation
My CFA Sharon Ann Meny a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
I have over $200k ready to be invested, however I am having trouble trying to find out what investments would be best during this present economy. Heard index funds and ETFs provide diversified stock market exposure while spreading risk. How true?
very true, there are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation from $450k to nearly a mil as of today?
Truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of the professional guiding you please?
My CFA ’Lina Dineikiene’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thanks for putting this out, curiously inputted Lina Dineikiene on the web, spotted her consulting page and was able to send her an email, she actually shows a great deal of expertise.
There's a lot of noise in some TH-cam investment "advice" videos and I only have about 5 TH-camrs who I believe make sense and do a good job. Joseph is on the top of that short list. Thank you Joseph for another super quality video
Always glad to help. Thank you for being a part of the community
I also realized how much capital is needed for decent dividend income. Working on it 👍🏼
🚀
After every downturn, there's usually a bounce back in the stock market. It's all about timing your investments and staying patient during the lows.
That’s true. The market has shown resilience time and again. Investors who stay the course often see the best returns when things pick back up.
It’s important not to panic during the dips. Some of the biggest gains come right after a market recovery, and you don’t want to miss out on that.
diversifying your portfolio can help you weather the storm better. When the market rebounds, different sectors bounce back at different rates.
I've always been looking for a good CFA. I'll search this one out online.
Please do he has a site, I know him. Aaron could definitely offer insights on when to reinvest and how to diversify to take advantage of the rebound.
To make 12k a year in dividends, you need a lot of cash to invest. So start early and stay consistent.
Don’t forget DRIPping.
@@et_phonehome_2822 Sure. But that takes time to and money to get to a poiny wherr growth is exponential instead of linear.
No you don't lol 😂
@jeffaragon yeah, with covered all etf it is easy. SPYI at 12%, JEPQ at 9% plus capitol appreciation, and SVOL at 16% 12k a year, you need 100k-120k. I'm not mentioning ETF like FEPI , MSTY, NVDY as they're not as safe. With those the amount of capital needed for 1k a month would be much less.
You also need to check whether the stocks market value is declining since they are spitting such high yield dividends, not all that glitters is gold, very few companies can have their price as well as their dividends heads up.
Just made a million grand in stocks, thanks for the tips
Thanks Joe. Love these dividend videos. Already had ABR. EPD is solid too but I think TRMD is better in that industry.
I love this guy thank you so much for sharing. I’m learning so much from you
I have been a dividend focused investor for a long time. This does not mean I don't own growth stocks, I do. A well rounded portfolio should be a mixture of both categories. One way to minimize the anxiety out of stock market investing, is to make sure you keep a large cash cushion. I invest in the market, but never put all my money in market.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
I've been working with ‘’Stacy Lynn Staples” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, Look her up.
I am on her site doing my due diligence. She seems proficient. I wrote her an email and scheduled a phone call. Thanks for sharing
I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024
Lots to think about. Thank you. Maybe the next vid could take this subject and overlay tax considerations. Very helpful. 10q again.
Definitely. I usually try keeping div stocks in retirement accounts until I need the cash.
Like always, great video. What are your thoughts on ABR long term?
Really useful video. Great way to invest in face of uncertainty. Thanks Joe!
EPD is great, but I hate the K-1 form...
@@TitleWaive1 easier than the k3
Yeah I got into ET and have lived to regret it. At this point I keep it and just deal with the paperwork in April but I wouldn’t buy an MLP again unless I somehow had enough to pay an accountant to deal with it. TurboTax has stuff to handle MLP’s but it doesn’t do a good job
@@krishnar1182 ET generates 3 serperate K1's.. i sold out last year.... to hell with that company. EPD is all I am keeping
EPD my biggest holding keeping it on DRIP.
Solid strategy
My portfolio doesn’t just cater to dividend stocks. I hold $VFIAX (S&P 500 index fund) in my Roth IRA and $VTI (Total Stock Market ETF) in my taxable brokerage account. Two of my largest holdings. The individual dividend stock positions all complement the index holdings.
Diversifying with $VFIAX and $VTI is smart. It’s financial independence, not dependency, that truly empowers.
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
''Jessica Lee Horst'' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
At 70 I am already retired and more interested in supplementing my meager SS income while in retirement than long term gain. Does this mean I can focus more on higher yields vs. stock growth?
I live in New York. I'm looking to start investing in the stock market with $80k. In addition to these suggestions, in general should I focus on index funds or individual stocks?
Index funds are a safer bet to start. They offer good diversification. But individual stocks could make you a fortune if you know how to go about it. Some people make upper six figures yearly from investing alone. But it's always a good idea to work with a financial advisor. It raises your chance of profit by a lot.
That's interesting . I've recently been exploring the option of working with an FA too. Any chance you could recommend who you work with?
Thank you.
Wow you are so passionate about your subject. Which app do you use to buy and sell the stocks? Thx in advance
You brought SPHY to my attention a few videos ago. I know you can’t count on stock price appreciation with this one, but this is an almost 8% yield that seems to easy and really safe if we head into a recession. Shouldn’t this be a dividend investor buy?
I looked at your spreadsheet as I really need something like this . I'd have bought in in a second, but I'm wondering how useful it can be for a UK investor. While 70% of my portfolio is US stocks I do have a portion of UK and EU companies. Obviously my ETFs are UK listed so I'm assuming they won't work on the spreadsheet
Yep, sorry. Our data source only works with US listed
Do you have Reit substitutes for IRA's? Don't Reit's and MLP's have certain tax treatments that make them less than ideal for IRA's?
Do you think commercial real-estate would be a drag on some of the RETs? Or do you think they find a patch work for it?
Thank you Joe.
I needed this. Isn't O overpriced ?
I worry about O. Not sure if overpriced but tenants are really weak right now
NVDY is the way to go
Ok so I’m a first time investor here trying to figure out everything. So if I buy one stock that pays a dividend do I still get it even if I only purchase one share? Or is there a certain amount of shares I have to purchase in order to see the dividend.
You will still get dividends but only based on the one stock
Typo? What is the last column in your last slide for "O"? 3millions?
Hit 100k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month this 2024 investing with Katherine Stewart.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
Katherine Stewart was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it and of course from Katherine Stewart.
Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much.
I sold an apartment in Springfield and made about $250K. I was frustrated when I only earned $171 in interest from a regular savings account. After doing some research, I was advised to invest in stocks. Are these stocks a good point to start from?
While the stock market is promising and can give good ROI, expert guidance is essential for effective portfolio management so you don't get burnt out in the market as it is very volatile.
Melissa Jean Talingdan is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment. She’s really good
If you're new to stocks and don't know what your doing the safest thing to do is put the money into mutual funds and start to read/research when you have time. Dividend paying stocks are great but don't fall into the new investor dividend trap stocks that decline in value to pay high dividends or you'll end up down. This is my personal opinion. Do like they recommend in the richest man in Babylon. Only put your money into something if you truly understand it and don't fully trust other people to make your money decisions for you especially if they get a commission/fee for doing so.
What are your thoughts on ellington financial?
5:11 this is not accurate. MO is quarterly dividend and not monthly! Deceptive!
What about SVOL's return?
MSTY pays a real healthy income.
😂😂😂
Jokes aside, I can confirm this. However the YIELDMAX ETFs have a history of going down in value unless the underlying asset is in a constant upside. They do pay well but are also subject to income taxes.
@@ryanvanderhoff1452 I’ve put shares in my Roth account so there’s no tax implications. Yes it could go down but also can rise back up depending on the markets response to the correlated stock.
@@ryanvanderhoff1452 I have it in my Roth IRA and will not be taxed. A positive note
You should have added BTI.
Is this a 1.000 a month total or per stock
What you would currently need for each individual stock!
I feel investors should focus on under-the-radar stocks, considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered. I don't know where to go here out of devastation....
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
Yes. It is very easy to buy in on trending stocks but the problem is knowing when to sell or hold, which is why a coach is important. I've been in touch with one for about a year now and although I was initially skeptical about it, I will say I've made more progress within a year generating 6figure profit
How can I get your advisor’s details.
Her name is 'Kenia Giordani Borges’ Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Qdte and xdte
This stocks very high price
O
Lol
Why is. That dude whispering. Shhhh.
He said RECESSION ! So hes planning on it. He dosent mention anything about hes buying !
What about SVOL's return?