It might look good to get paid $1,103.86 but show your monthly change in account value and show how much your account value went down to get that number. You are essentially getting your money back through dividends and having to pay tax on it, meaning you are losing money.
@@jonnya6738 What is the point in making income when it is making you pay taxes on your own money and overall you will lose money? You are probably losing roughly 40-60% of any money you will put into those dividend stocks. You will never see a profit.
Wow, the jump from May to June is unreal. Great job!
Next month should be higher. Hopefully lol
Video good volume good portfolio good
Yo yo whats up Johnny.... congrats !! June is always a good month my birthday month hahah
It might look good to get paid $1,103.86 but show your monthly change in account value and show how much your account value went down to get that number.
You are essentially getting your money back through dividends and having to pay tax on it, meaning you are losing money.
Yes you are correct but this was my goal. To make monthly income every single month. I'm not worried about growth right now
@@jonnya6738 What is the point in making income when it is making you pay taxes on your own money and overall you will lose money?
You are probably losing roughly 40-60% of any money you will put into those dividend stocks. You will never see a profit.
I am reinvesting some of my dividends back into the plays and also buying reits and growth stocks. So I can balance everything out
next month is going to be crazy... good job selling O and getting more income its a smart play I will be tuned it bro
I hope so. Thanks for you're support
Are you reinvesting all your dividends? Are you using max margin?
Yes I'm reinvesting my dividends and right now I am not using margin. I just use cash from my day job
how much did the navs go down?
I don't really keep track of that. I'm just in these funds for the income