Want To Be Rich? Don’t Do Dividends
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- เผยแพร่เมื่อ 30 เม.ย. 2023
- Want To Be Rich? Don't Do Dividends:
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Game: Donkey Kong Country (Nintendo, 1994, SNES)
• ReMixer(s): Neon X
• Composer(s): David Wise, Eveline Novakovic, Robin Beanland
• Song(s): "Aquatic Ambiance"
• Posted: 2022-09-13, evaluated by the judges
Game: Donkey Kong Country (Nintendo, 1994, SNES)
• ReMixer(s): 744
• Composer(s): David Wise, Eveline Novakovic, Robin Beanland
• Song(s): "Aquatic Ambiance", "Stickerbush Symphony (Bramble Blast)"
• Posted: 2019-09-04, evaluated by the judges
• Game: Donkey Kong Country (Nintendo, 1994, SNES)
• ReMixer(s): Glejs
• Composer(s): David Wise, Eveline Novakovic, Robin Beanland
• Song(s): "Aquatic Ambiance"
• Posted: 2018-04-23, evaluated by the judges
🎶 BKNAPP
bknapp.bandcamp.com/
/ bknapp40m
/ bknappbeats
• Game: Donkey Kong Country 2: Diddy's Kong Quest (Nintendo, 1995, SNES)
• ReMixer(s): Mordi, Slaygon
• Composer(s): David Wise
• Song(s): "Forest Interlude (Web Woods)"
• Posted: 2019-03-05, evaluated by djpretzel
• Game: Donkey Kong Country 2: Diddy's Kong Quest (Nintendo, 1995, SNES)
• ReMixer(s): YoshiBlade
• Composer(s): David Wise
• Song(s): "Stickerbush Symphony (Bramble Blast)"
• Posted: 2017-11-06, evaluated by Liontamer
• Album: Featured on "Candy Corn II: The Sequeling" (ocremix.org/info/Candy_Corn_II...)
• Game: Final Fantasy VII (Sony, 1997, PS1)
• ReMixer(s): ymK
• Composer(s): Nobuo Uematsu
• Song(s): "Cosmo Canyon", "Red XIII's Theme"
• Posted: 2022-03-02, evaluated by Liontamer
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The consistent income from dividends provides a nice psychological incentive to not panic and sell when markets are down.
Exactly!
Is this a psychological function of people? LOL, I don't react too much when I'm losing money or making money, because I'm skilled enough at it
@@ZC965Tt I don't react too much when I make or lose money either. But I'm also aware not everyone thinks the same. lol
@@ZC965Tt Nice flex.
When you invest, you're buying a day you don't have to work
Assets that can make you rich
Bitcoin
Stocks
Real estate
You're right , it's obvious a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to remain poor
90% of millionaires right now are investors in the crypto market
@@chrispaul3778Plus, you learn what does and doesn’t work for you.
Wow that's powerful, what a great way to look at it
The most clearest explanation of ETFs I have heard in awhile. Thank you.
Easier index funds
I always find it motivating and inspiring to see you're portfoilio and how much you're up to on your journey. Someday I hope to achieve what you have.
you won't
@@andre-qy2il s tier level hating
living off of dividends is a diffrent type of flex
"to see you're"... I think you need to google your vs. you're... as you're means "you are"!
"You don't need to eat food, you can eat motivation." Lol. Love it. 😅
Stepped on your video casually. It was a really nice blend of humor, personal approach and examples with important information explained simply on top. Subscribed. Keep it up.
I love your disclaimer. Really hits home on the points of how others actually get rich.
Well mine was TH-cam, so I didn't get rich with investing either - but I got comfortable enough to take a shot at youtube, and that's good enough for me
@@AndreiJikh Well said
@@AndreiJikh what happened to Pandrea finance TH-cam channel? He hasn't been making videos for a long time
Wow, today you and Graham are on fire with the an intro and the title!
This was absolute life changing. Explained very well. Thank you
One of your most honest video's yet! Thanks for sharing 👍
I flip groceries for 2x the price
That the EBT method?
I think I shop there
@@idealmasters maybe
I scalp groceries and flip 'em for 10x 😎
@@oscarhagman8247 lol sell a course too bro!
I love the idea of compound interest! It totally encourage us ti save more than spending on some luxury goods .
Your one of my fav TH-camrs- great contents always! I love dividends.
Can you do an episode on robo advisors and how things like tax lost harvesting and direct indexing compare to standard dca’ing into ETFs? Thanks! 🙏🏼
Dang! The grocery advice is super key!
Nice putting that “Bramble Blast” music in the background at around the halfway point. Can’t go wrong with DKC2 music. Keep up the good work. Your videos are awesome man.
You randomly came on my feed, and you have earned yet another subscriber. Love the simple yet high quality video production and of course, love the content. Thanks a bunch Andrei!
Let’s hope there aren’t many more banks that go under, we do have a liquidity problem so I think we will go through a long period of stagnation. Dividend stocks have to be the way forward at this time
This was one of your best vids yet- thanks!
love this, don't ever stop uploading vids plz
Dividends definitely don’t you wealthy quickly but it’s a great strategy for SOME of your investments. I also consider it a semi-emergency fund. I wouldn’t want to count on it for my housing or food needs but it can assist if you need it now.
I’ve literally been telling this to people and colleagues for years and not one of them wanted the free game
Finally, somebody with an honest portfolio❤ thanks for your TH-cam videos!
Ok banging intro, really thought Dre was flipping with that thumb nail🤣🤣🤣 Keep it comin Champ!
Magic and Dividends. Welcome back Andrei, we missed you.
Love the new tone of your vids! Make its way more engaging
love this guyyy.. thank you for sharing your gratitude
You forgot to mention the parts about your bank account login, social security number, routing and account number.
Hey Andrei, how do you do that slideshow? You mentioned ChatGPT, but could you do a tutorial? Thanks!
Heyo, can you talk about dividend tax and how that affect yours passive income?
Inspired intro! Love this video
You've always been my favorite "youtuber" sooooo much great and CLEAR info! Thx
Compound interest is a good way to grow your portfolio, and choosing a dividend aristocrat with a high yield will make your portfolio grow quickly if you reinvest your dividends.
Love watching ur videos for the knowledge but the entertainment 😂😂😂
Thank you my man !
One of the best content producers on the inter-webs! Thank you for all you do Andrei 😎
aww thank you!
Two Questions:
What app were you using during the slideshow presentation and What do you think about ADR stocks with high dividend yields? (The ones not going bankrupt)
Entertaining and informative, nice 😂, love it
Entertaining video, great to see you open up the hood once in awhile for us viewers to see.
Hey andrei! Dividends are awesome!! hope they stay that way for the long future ahead and hope you stay awesome and healthy! Woooo!
Glad I found your channel. I am trying to decide now between buying SP500 or Total Market via Index Fund or ETF. Still not sure, on the tax implications and what makes them different from a tax standpoint. I am not fully sure on the automated nature of Index funds vs. non automated on ETFS. Ugh. Not sure how to proceed. Specifically right now, looking at VTSAX/VFIAX vs. VTI/VOO. Or should I go fidelity? It's all very confusing and I want to start right away! I have some individual stocks in a TD ameritrade now but want to manage it more long-term and passive.
Good content, Subscribed.
Automagically ❤ Good video as usual Andrei. Keep up the good work
Hands down the best Meet Kevin impression I've ever seen.
Love the vids. Please show some magic ,now and again. Remember your OG FANS. thanks
Thi sis the best intro I've ever seen....!!! KOODOS!
The first 60 Seconds where pure Gold
Edit: The first 60 Seconds were pure Gold - Thanks BridgeWater94
Were*
That's interesting about the number of stocks that don't make it long term. A long time ago I used to get a newsletter that promoted specific stocks. One day several years later I came across a copy that I had in a box. So I looked up the stock pick, found that the share price had significantly spiked only to end up back to where is started. Where it then remained. I kind of wonder whether companies that experience this are usually better or worse off for it. Maybe it's comparable to the difference between companies that overestimated the staying power of "the new normal" and expanded too quickly, and those that didn't as they didn't see things staying as they were.
That's it Man!!! The best video I 've seen on the subject ! Like the tricks :-) ...unfortunately inflation compounds too .
Bro this is awesome thanks
Always a positive experience watching your videos! Thanks
Hey Andrei! I’ve followed you almost since your beginning in TH-cam and I’ve always thought that dividends and etfs were such a boring investment. Now that I’ve lost a lot of money and grown in mentality I see the point. Thanks for the videos!
Do you really understand how they work when you make every investment? For example, what kind of investment is ETF in the eyes of investors?
the more boring a investment are, it's better, remember most investor are boring, but yet, they are richer than most trader.
@@AJ-rc5lr While it is true that many successful investors tend to focus on long-term, stable investments, it is important to note that not all investments that are considered "boring" are inherently better or more profitable. The concept of boring investments typically refers to those that provide steady returns over time with less volatility. These may include index funds, bonds, dividend-paying stocks and real estate.
@@ZC965Tt yes very agree, and never forget compounding effect on them too. yes it will take more time for you to become a multi millionaire, but compounding works like a charm at the latter stages of our life anyway, just like Andrei says, it's for retirement plan.
I am a compounding investing practitioner, as was my dad, he started in 2001, and i started in 2015, and we basically just invest in ETFs and some bluechip stocks that generate dividends, we reinvest everything since day 1, it's really giving us good compounding return so far, although we know that it might never take us to the level of a billionaire with such investment. but we will be in good position in the next 10 years if we keep just doing what we are doing.
@@ZC965Tt In your opinion, what would be a good short-term investment for someone willing to risk $10-$20 a week? I’m a college student, and as you can imagine, I don’t have a lot of cash just sitting around.
Can you make a vid about australian stocks and which etf etc. You would recommend?
GOOD JOB THANK YOU
You, Kevin, and Graham are the life blood of online financial "advice"👀(but not financial advice for legal reasons)/ info on TH-cam. Been watching you a little more lately! Very entertaining
DUDE ABSOLUTELY NOT.
@@KeeptheChange41 Then who?
@@dustinmccorkle2019WHO??? You, learning what and why you invest. These guys are hucksters.
too bad they scammed thousands of people with blockfi and celsius.
Hey andrei it’s been a while since I’ve watched your videos. Glad to be back though and glad you’re still making killer vids cheers mate
thanks for the kind words and thanks for stopping by!
Very well made video, thanks for your free knowledge sharing, subbed
Thanks, sounds you discovered something good
What are your thoughts on JEPI?
The FF VII Red XIII's Theme remix was a great touch.
perfect beginning, hilarious
Just loving that Cosmo canyon soundtrack
A great benefit to a dividend portfolio is that you get a really good idea of your passive income -- which lets you tune your leverage and debt exposure to ensure that you can always keep making your debt repayments.
If your investing in dividends for dividend income debt isn't something you should have
@@LegacyAftermath Debt is a tool, and passive income lets you unlock it safely. Carrying as much debt as your passive income can service allows you to benefit from the effects of inflation. As long as you're researching and buying quality assets, you SHOULD have debt in any inflationary system.
@@alexkimmerly9490 sounds ridiculous most people see debt not as a tool to make money. The masses see it as a tool ro obtain new shiny objects
Investor's use debt as a leverage tool all the time. Done correctly, borrowing money presumably at a low enough interest rate for dividends to cover interest payments could help you grow dividend's faster. It's not that debt is necessarily a bad thing, it's just that most people rack up debt on things that provide no long term value.
@@LegacyAftermath nice backtrack lol
😂😂😂😂 this gotta be the funniest video u have posted
For sure hahaha
That intro was bomb AF 😂
Great video man, Thanks 😃
Aye FF7 Red XI background song haha 😂, love it
Ayyeeee a man of culture!
Came here to say this, I recognized Cosmo Canyon as soon as I heard it. Men of culture, unite.
What app is showing the data points on screen?
LOL! One of the greatest intros to a finance tuber video.
Awesome video. Good intro😅
Andrei, this is one of the best videos you have done in the past few months! Good to be reminded that dividend investing is the way. You should make a Yoda themed short about dividend investing on May 4th!
Finally, a video not about the end of the world!
Your video is so much inspiring! Thank you Andrei!
I'm sold. Love your content combined with your personality ❤️
April was glorious, I hit over $1k in dividends/distributions, a record! I own a small portion of my portfolio in a few BDC and high yield blue chip stocks to boost the income and reinvest in boring long term ETFs 😁
Good stuff
Congrats!! $1K is serious monthly cash flow
How much would you have to put roughly in this position to earn $1k?
@@leplane_ Probably over $100,000 generally speaking.
Super great video, this reignited my investing bug. I’m 21 doing my Roth IRA and have about 2K in it so far. I placed an order for the Charles Schwabb ETF. Im excited to do more investing in my twenties as I grow my income and knowledge with both investing and life in general. I can’t wait to see more videos like this. Love your passion! See you Friday :)
I am glad for your progress.
I’m gonna follow the plan at the beginning of the video.
HELP. I’m so confused. Nobody seems to answer “do dividend ETFs outperform an SP500 ETF over the long term when dividends are reinvested?”
I hAve been looking literally everywhere for this and haven’t found a set answer. Some say yes some no.
If you Do not get Dividend they stay inside and grow faster thus you have much more money to sell Shares
I have a question, I know you can't give financial advice, but in general what would be better for someone who has little to invest each month. Would concentrating on one good ETF be better than diversifing into several different ones? I feel like when I try to diversify I am spreading my investments thin.
VTI.
I do both. I like SCHD
I think that diversification of investment is not equal to diversification of investment. Only by diversifying investment in investment targets with low correlation can the effect of risk diversification be truly achieved. What do you think of this?
Instant follow. Your witty. 😂
Great video!
Hey Andrei been following you for a while. Been doing the dividend strategy like you. Can you make a video on how you translate the money you get from dividends into your bank account? Or do you plan to use Robinhood’s debit card?
Like, is the plan one day to turn off dividend reinvestment. Then it builds up the checking account on there?
Out of the hundreds of videos I’ve seen from you. I don’t think there has been one that explains what happens when you reach the endgame.
Thanks and keep up the good work.
+1
Hey bereal, yes once you have hit the amount of money that you are satisfied with, you turn off automatic reinvestments, then instead of being of your dividends being reinvested back into purchasing more shares, the dividend payments will now go to your "money market" account, which you can then transfer over to your bank account that you have linked up with your brokerage (I use fidelity brokerage)
I was just thinking that I'd love to see a video from Andrei about SCHD since there has been so much hype around it lately. Great low cost index fund to compliment VOO or VTI in my opinion. I still think keeping VOO or VTI as a larger % is a good idea, but SCHD will provide dividends and lower volatility as a compliment.
just buy the underlying stocks and skip the fees
True
I like SCHD
voo for broad range, schd for dividend and vug for growth.
Got you covered.
Needed this video as I am trying to focus more on dividen investing
We want more Corey!!!
I do tooooo
Dividends is something very beneficial after you got rich, but its one of the slowest methods to become rich.
People should focus on careers/business and once there is a flow of money, they should go into ETFs/dividends/stocks. Any other way is just failure.
I'm so happy I made productive decisions about my finances that changed my life forever,hoping to retire next year... Investment should always be on any creative man's heart for success in life.
1 min in, im hooked!
Thank you for the explanation and suggestions.
We work for years to have , $1million while some people I know put thousand of dollars in some meme coins and they are millionaires.
Good video. I enjoy a 3 ETFs portfolio (SP, 500, SCHD, JEPI) and 25 individual stocks ranging from apple, BOFA, J&J, Reality Income, to more risky names like Tesla and others . But planning to prob sell the more risky ones
isn't JEPI'S expense ratio high?
@@shafhots I think it is a little bit bc it is actively managed as opposed to a passive ETF. But the reason for that is that they use a call options strategy on JEPI
@@jonathanzach903 I currently invest in VOO,SCHD AND SCHY and I was looking to add JEPI. what's your JEPI portfolio %?
Your portfolio is similar to mine. I'm invested mostly in VOO, SCHD and a small amount of QYLD and also have around 20 individual stocks including Apple, JNJ and Realty Income. I also have ABBV, Altria for dividends and for growth I have names like Tesla, Meta, Shop and others
@@shafhots.35% yes
Thanks for your recommendations 😉
So many people hide their investments because they think something is gonna happen to them. I love it when you transparently showed your portfolio. And people who are visting these kinds of channels are really here not for something to pass the time. It is just because they want to get good with their life. So thank you so much for all the knowledge you are giving to all the people who are serious.
I hide it as I dont want people laughing at my small pile.
Andrei we want more crypto content and transparency about your portfolio! Those videos were great.
Thank you for sharing this information!!!
My favorite youtuber always making great content 😂
Good video man, I watch your videos while investing my weekly 300$ since I’m 18, I’m so motivated to be in the 1% and already living from nothing but my first online store, love the content and all what we can learn ! Keep up man!
Dividends are one of the only true passive income sources.
mcky dee to cover snowball calitol gains,on vissa