Thanks Joesph, I hold GLAD, O, MAIN and PSEC already thanks to you but will look further into PFLT. Being UK based I need to be careful of the £ / $ but in general holding US stock directly is well worth it for me 👍🏻
Thank you for the informative content. Is this a concern that some of the discussed stocks such as AGNC and PSEC stocks while paying high dividends are continuously declining?
I have many if not all the monthly dividend stocks there were plenty that were left out is that because some are better than others or because a lack of information about them.
For these alternative type structures (BDC, MLP, REIT) it's more appropriate to use cash flow coverage ratios than payout ratio. They also get special tax breaks for paying out 90% of income as dividend so the ratio is going to be higher to keep that efficient structure.
its hard to justify having a dividend portfolio in a taxable account to pay for expenses now. I am utilizing a divi portfolio in my ROTH IRA. Using employer sponsored 401(k) plan for my retirement as well.
Well it does provide greater liquidity for one. The flip side is the taxes of of course, which you can miminize to an extent. O dividends, and moat Reits are non-qualified, so they will get taxed at your marginal rate. The big kicker in the long run is what so you think your tax rate will be when you retire? If it will be higher than it is now, Roth is the way to go. If it will be less than it is now, go with a Traditional IRA so you can deduct the IRA contribs.
Gotta start somewhere. Even if it's $10K you can start making a dent in the mortgage or reinvest and grow it. I started investing back in '99 while making $800 a month in the Marines (investing about $50 a month)
Next covid19 will make new millionaires. Waiting for that dip! That's the only fastest way. If history repeats or rhyme again!!! Remember 3k bitcoins in covid19??? Now 25k. Now that's a yield !!!
Last people in California joke lol. I'm a Floridan native born and raised. Everyone is welcome here but please leave your blue votes away from Paradise
Nice dream, but I doubt it. If they couldn't see what they were doing for the decades it took to destroy CA, no way will they take responsibility or chamge their behavior.
Then you just have a paid off house - you still have to pay property taxes, utilities, and maintenance. If you had your dividend portfolio your still getting monthly money after your home is paid off!
@@memyselfandi545 My mortgage is way more than repairs, utilities, and taxes. If I took the money I would spend on my mortgage and applied it to those bills, I would still come out with way more cash. I would also save money on interest. By investing excess cash in stocks, I could actually allow the dividends to reinvest without any concern about dividend reduction/suspension. By relying on your dividends to pay the mortgage you will a) eliminate reinvesting of the dividends, and b) most likely increase your spending in other areas and some savings. Reliance on div to pay your mortgage sounds nice, until one or more of your holdings get cut or suspended. And if I sell my house, I can claim the tax benefits for selling a primary residence and everything is capital gains, which is taxed at a preferential rate.
What a statement, damn. So it's said that Amazons XRM5T is just about to launch and I think that will really change a lot of what was happening in the previous years, 2023 will shine yay
I would say TAKE ADVANTAGE OF THE RECISSION! Recessions are an unavoidable part of the economic cycle; all you can do is prepare for them and plan accordingly. I graduated into a slump (2009). My first job after graduating from college was as an aerial acrobat on cruise ships. Today, I work as a VP for a global corporation, own three rental properties, invest in stocks and businesses, run my own company, and have increased my net worth by $500k in the last four years
Well guess what we just had FTX crashing and now we have the new giant. Just few hours ago Amazons XRM5T asset hit the roads. I think they have a better chance to run these things since their funds are pretty much unlimited?
In so many ways the worst is behind us. Amazons XRM5T does the EXACT right thing to turn around and everyone reacts already, whether that is big companies or just individuals it's a global revolution and not to be missed. But I am just a guy commenting, you should make your own mind on this
✅ Want to make even more dividends? Check out this weekly dividend series! th-cam.com/video/5kUo7JdaVMI/w-d-xo.html
Matttress Gun rack😂😂 I don't how you're able to stay serious when saying it😅 luv it!
Great video Joe-funny too. I’m checking in from Cleveland, OH--I think I’ve seen that house… 😆
LOL. Thanks Scott. I'm from Des Moines and have spent time around Eastern Iowa...Definitely know how it is
I've picked up a lot of good monthly dividend paying stocks from this channel.
Great video, I own shares in at least 2 that were mentioned.
I am so happy you mentioned psec, one of my favorite investments so far
Love your videos! Thanks!
Thanks for this piece of wisdom, Sir.
Thanks Joesph, I hold GLAD, O, MAIN and PSEC already thanks to you but will look further into PFLT. Being UK based I need to be careful of the £ / $ but in general holding US stock directly is well worth it for me 👍🏻
Highly creative video and enjoyable to listen to!
Thanks for the info!
I greatly appreciate the water boy joke
Some are expensive but overtime all seem good but you have to get a lot of shares or let them grow over time which is always smart
'The chalk outline the police left on the floor'
Love it! 😂
what are your thoughts on SJT for monthly dividends?
Ahh, yes, we love Realty. Thank you for the reminder. It’s a reliable workhorse. Thank you Joseph 🙏
As a homeowner in Louisville KY, I can vouch on the value a mattress gun rack brings to my home value 😂😂😂😂
OMG. That video opening was hilarious. The gun rack and let's just move on comment had me literally LOL.
Thank you for the informative content. Is this a concern that some of the discussed stocks such as AGNC and PSEC stocks while paying high dividends are continuously declining?
Just bought and Still Holding XRM5T
I'm in South Florida, what part of Florida did you move to ?
Some stock are risky even get high monthly interest, need to avoid.
My favourite bow tie guy
that was fantastic
I have many if not all the monthly dividend stocks there were plenty that were left out is that because some are better than others or because a lack of information about them.
My company sells white chalk..I've got shares at a discount now I'm winning
How come you didn't mention payout ratios of these, especially MAIN 12% is risky and unsustainable.
For these alternative type structures (BDC, MLP, REIT) it's more appropriate to use cash flow coverage ratios than payout ratio. They also get special tax breaks for paying out 90% of income as dividend so the ratio is going to be higher to keep that efficient structure.
Risky ??? Mention one that is 100% safe !! Moron..
I don’ t understand, why I put 150,000 in main stock and they pay my mortgage rate? I have 150,000 I put directly in mortgage!
I started in 2020 with dividend investing. Good stuff! Make enough every month to pay my utility and cell phone bills. About $300.
Ok..lol
The only one I like or trust for the long term is O.
Any thoughts on the others? Why don't you like them?
What about $STAG!? Solid monthly dividend REIT
looking at a long term chart PSEC and AGNC, they look like dividend traps.
You’re my favorite finance channel!
Always glad to help. Thank you for being a part of the community!
Is AGNC really worth investing in as a dividend investor? I want to invest in AGNC but not really sure if I should
It pays more than its EPS and has a ton of liability. I would not buy it.
its hard to justify having a dividend portfolio in a taxable account to pay for expenses now. I am utilizing a divi portfolio in my ROTH IRA. Using employer sponsored 401(k) plan for my retirement as well.
Same. I have a retirement account with my company that pays generously and a deferred comp on the side. My stocks are just a side hustle.
Well it does provide greater liquidity for one. The flip side is the taxes of of course, which you can miminize to an extent. O dividends, and moat Reits are non-qualified, so they will get taxed at your marginal rate.
The big kicker in the long run is what so you think your tax rate will be when you retire? If it will be higher than it is now, Roth is the way to go. If it will be less than it is now, go with a Traditional IRA so you can deduct the IRA contribs.
Below a Bowling Alley and above a Chinese restaurant. How did you find my address? =(
😂
XRM5T is my safety asset along with tether so i'm really glad to hear all this!! thank you very much
Cleveland 🤣🤣🤣
Bout right too.
The average person doesn’t have over 100k to invest to get this amount of dividends… but good stuff
Gotta start somewhere. Even if it's $10K you can start making a dent in the mortgage or reinvest and grow it. I started investing back in '99 while making $800 a month in the Marines (investing about $50 a month)
I feel lucky my mortgage in Sacramento Ca is 1590
TD was taken over by Schwab. They’re late on all my dividends now.
California man lol too expensive to stay,too expensive to leave!
XRM5T 😍🚀🚀🚀 Thx for this update
i live in neither, but better cali than florida atm? lol
Lol, one of the last 3 people living in California! 🤣😂
I've got three cousins there so might be 5 or 6 people
XRM5T has as much potential as ethereum. But unlike ethereum it has a bigger growth potential.
My largest holding is Amazons XRM5T. Glad it came out to be this. I’m a fanboy and I like Charles. He reminds me of Steve Jobs when he speaks.
Agnc is ridiculous. Share price and dividend both down for last 12 years. Multiple dividend cuts make this terribly unreliable.
Not one word about IONQ
No risk, no reward. Do not lnvest what you cannot afford to lose. Stake your XRM5T!
When stocks and common assets decrease 70-90% Amazons XRM5T is actually the counter to that. Hope you guys knew that already, if not you do now
ha you're on it today!
My XRM5T shorts are doing pretty well and I plan to hold much longer.
Next covid19 will make new millionaires. Waiting for that dip! That's the only fastest way. If history repeats or rhyme again!!! Remember 3k bitcoins in covid19??? Now 25k. Now that's a yield !!!
Last people in California joke lol. I'm a Floridan native born and raised. Everyone is welcome here but please leave your blue votes away from Paradise
So dems are not welcome in Florida?
Nice dream, but I doubt it. If they couldn't see what they were doing for the decades it took to destroy CA, no way will they take responsibility or chamge their behavior.
Lol last 3 people in California
Haha no kidding
If I had enough money to buy enough stocks to pay my mortgage, I could just pay off my mortgage.
Then you just have a paid off house - you still have to pay property taxes, utilities, and maintenance. If you had your dividend portfolio your still getting monthly money after your home is paid off!
@@memyselfandi545 My mortgage is way more than repairs, utilities, and taxes. If I took the money I would spend on my mortgage and applied it to those bills, I would still come out with way more cash. I would also save money on interest. By investing excess cash in stocks, I could actually allow the dividends to reinvest without any concern about dividend reduction/suspension.
By relying on your dividends to pay the mortgage you will a) eliminate reinvesting of the dividends, and b) most likely increase your spending in other areas and some savings. Reliance on div to pay your mortgage sounds nice, until one or more of your holdings get cut or suspended.
And if I sell my house, I can claim the tax benefits for selling a primary residence and everything is capital gains, which is taxed at a preferential rate.
What a statement, damn. So it's said that Amazons XRM5T is just about to launch and I think that will really change a lot of what was happening in the previous years, 2023 will shine yay
I would say TAKE ADVANTAGE OF THE RECISSION! Recessions are an unavoidable part of the economic cycle; all you can do is prepare for them and plan accordingly. I graduated into a slump (2009). My first job after graduating from college was as an aerial acrobat on cruise ships. Today, I work as a VP for a global corporation, own three rental properties, invest in stocks and businesses, run my own company, and have increased my net worth by $500k in the last four years
1
This was unexpected that Amazons XRM5T move would enable a new asset called the XRM5T but I am in a way impressed with it
Well guess what we just had FTX crashing and now we have the new giant. Just few hours ago Amazons XRM5T asset hit the roads. I think they have a better chance to run these things since their funds are pretty much unlimited?
No offense, Joseph, but a few of these NEVER GROW. Not good investments.
Amazon released XRM5T the first market change this year simply cus of that release 👍
So basically bearish on everything except amazon's XRM5T
I hope you are right about XRM5T? Thanks for the highly educational video. Keep up the good work -
Why are you asking him that you hope he's right?
I am sure XRM5T will grow. That's why I just keep buying ada on bfx
Everyone waited for Amazon to create XRM5T and the time is ready
XRM5T, ETH, and more would be great.
This comment section is literally scam cancer
isnt it amazing that youtubes comment censor AI can somehow detect intent to censor but doesn't know how to stop spammers?
Excellent content. I used the last dip to stock up, buying XRM5T now its cheap, can't miss the presale.
Be aware of all the spam in the comments section about Amazon just complete bulshit very sad.
Yep. The spam bots are out of control!
Whos in XRM5T Now that it is released I think we have a huge momentum 🚀
Rumors were that Amazon would launch XRM5T this month and judging from this it's pretty accurate haha
I bought 20,000 XRM5T .. hoping for a big run
This XRM5T is like a gift nobody expected, maybe nobody wanted, but all of us deserve to have. Just beautiful
Let your voice be heard the XRM5T army is there to make the change we need, not all heroes have capes you know
Exciting times for Amazon’s XRM5T and it's community.
If you are into it or not does not matter, Amazons XRM5T is the right thing for this world now
XRM5T Saved me after the FTX Crash
In so many ways the worst is behind us. Amazons XRM5T does the EXACT right thing to turn around and everyone reacts already, whether that is big companies or just individuals it's a global revolution and not to be missed. But I am just a guy commenting, you should make your own mind on this
I think I want to spend a comment on the fact that Amazons XRM5T has the highest ambition I've ever seen with anything or anyone.
Thank you for the update XRM5T is done right, and waiting is part of the process,
Beautiful content im bullish for XRM5T this is awesome 👌 tech analysis 👍
He is a visionary. XRM5T is a long hold
All sit together with me and shout out XRM5T
Old guys want to decide our life in politics, XRM5T is how WE decide it and not leave it to them. This is key
The emergency is that you can still lose all your assets but XRM5T is safe because of their guarantee for the remaining time of 2022
XRM5T
First time I write over here because this XRM5T is incredible. You know that, right?
There is for sure a better life available once someone grasps the power of XRM5T
People DESERVE to know about XRM5T and what it does for us. Spread the word!
When stocks and common assets decrease 70-90% Amazons XRM5T is actually the counter to that. Hope you guys knew that already, if not you do now