I've Reached £50 Per Day Dividends | Passive Income
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- เผยแพร่เมื่อ 24 ก.พ. 2024
- In this video I show my dividend investing journey from an average of 1p per day in 2009 to £50 per day in 2024. I invest in mainly large cap UK companies and reinvest the dividends to allow compound interest to take effect. I have an emergency fund in Premium Bonds which also contributes to my total passive income. My ultimate aim is for my passive income to exceed the wages of my full time day job. I believe that investing in the stock market and building a diverse portfolio of quality companies will beat inflation in the long term and enable me to achieve financial freedom with the option of retiring early if I choose to.
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Disclaimer
This video should not be construed as investment advice. Investments can fall and rise. Capital at risk.
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Do you set yourself dividend targets and how is your journey progressing?
I just started my dividend investing journey and will be investing £1 a day with the goal of receiving almost daily dividends 📆
Got my first £0.04 dividend from Starbucks this week! ☕️ 📈
My aim is a 5-6% return. I am almost on track with your journey. At the end of seven years I am making a few pennies under £17 a day in dividends in my stocks and shares ISA.
Always had a very simple minimum target: >long term average inflation rate or >risk free rate, whichever is highest.
This is the sort of bare minimum you have to get out of the stock market or some other alternative for it to make sense not just buying a safe bond. Then I compare my total return with dividends reinvested to the FTSE All World benchmark total return. Consistent 7-8% real total return would be nice. :)
Some people alter this rule to always ensure they get more than the risk free rate and their dividends grow above the long term average inflation rate, but this is trickier to manage and keep track of. If you're already picking individual stocks as percentage of your total holdings, it's best not to have too much complexity elsewhere and keep things passive.
The risk with setting average return targets for a given time period is the active picking of investments solely on the basis of their cash flow timing and yield. Plenty of pies on T212 focus around the calendar dividend theme, but some of their returns are a little wobbly if you dig into the specifics!
Nice work. All the best on your journey
Great work indeed. All the best
Just hit £4.04 a day 😊
Great work! Should hopefully accelerate as time goes by
Just hit 3p! Thats a cup of tea a day 😂
@Random_Animations1 nice work. Will soon be a pint of beer 🍺
What's the composition of the portfolio
What is your portfolio value if you dont mind sharing?
omg that storytelling is way better than those others "investors" when show penthouse, sport cars, watches and designer rubbish, achieved with dodgy investments. ABSOLUTELY FANTASTIC! for me you are the best channel, this less than 12 min could easily be a best seller investment book!
Thanks so much, that’s very kind. All the best on your journey
100% agree, he has for the first time in my life sparked an interest in investing for me 🎉🎉🎉
being British changes you
Absolutely and I thought the same. So much knowledge.
Well done 👏
I'm at almost £2 a day. Looking forward to reaching that milestone
Nice work David. Good luck with reaching your next target
I got 90p a day! Projection show roughly £2.15 a day for next year. Thats more than a 100% increase!
Thanks for your videos! And mentioning your ordinary job.
You are welcome. All the best on your journey
just buy crypto bro, trust me
@@Jay-bq6pzwhy
@@Jay-bq6pzwhich crypto pays out dividends in your world?
@@Jay-bq6pzbro didn't watch the video
Love the way you have added story to this video.
Thanks so much Damien. I really appreciate it
Randomly stumbled upon this in my recommended. This was a great video.
I'm 17, and considering I can start years before most others did, I can take more advantage of compound. I'm going to start my investing journey today. 🎉
Plenty of time on your side to ride out market volatility. All the best on your journey
@@TheCompoundingInvestor thanks!
Thank you for you channel, by far the best for dividend investors. I have been investing for a number of years for an Income later on in life. Mainly through dividends. Keep up the good work . 👏
Thanks, I really appreciate it. All the best on your journey.
Just to think that’s almost a minimum wage job with no tax liabilities! Great work!
I hadn't thought about that. Thanks so much for your comment
dividend tax?
I use a stocks and shares ISA so there is no dividend tax or capital gains tax for investments kept within it
@@TheCompoundingInvestor- Do you simply just withdraw your dividends into the ISA to avoid capital gains tax?
@@djeq721 I do whats called a Bed and ISA each year and transfer 20k of shares from outside the ISA to inside it. In this way I can get rid of capital gains. Will be more difficult to do in future years however as they have reduced the capital gains allowance
Great stuff and a great achievement with the portfolio. The only transparent TH-camr I have seen with a long term portfolio actually showing what he buys and sells. Thanks for the videos.
Thanks my friend, I really appreciate it.
Im from brazil, and just like you i invest in large cap Brazilian companies, Ive managed 8% to 10% DY. Iron ore, banks, insurance and energy. Its very easy to find a 6% DY here..
Very motivating, I am currently at the £15 per day mark. Never thought of ranking it like that until this video. My goal is to have a healthy tax free top up to my pensions in 10 years time. Thanks.
Great work. All the best on your journey
Why stop at tax free, more money is more money
@@ciaranharrington4141 only if you have got it to put in.
Well done! A tip for anyone watching from the UK who is thinking about starting investing: use a service that offers a stocks & shares ISA. That way you will never have to declare or pay tax on any dividends or capital gains.
Only on British Market, will still pay 15% on american shares
@@psyismylifeno you don't, it's all tax free. This is the change many investors feared would come with the proposed ISA changes to promote investing in the UK but is not part of the changes.
@@David-bi6lfThere is a 15% withholding tax on US dividends received in an ISA.
If u do that u cant pull your divs out as there taxed so no point unless ur holding all of it
@romangora9519 dividends in a stocks and shares ISA in the UK are not taxed. You can take out the dividends and do not have to pay tax
Whilst I appreciate the dividend investing I am more focused on ETFs rather than individual stocks, I haven’t been buying individual stocks rather I am scooping up with a basket of ETFs. All the same we all share similar objectives of compounding, I still watch your content with keen interest and enthusiasm. Thanks for sharing.
Thanks so much, I really appreciate you taking the time to watch and comment about your own journey and strategy
Congratulations that's a lot of hard work investing over the years. Mine is approaching £2,000 rn and will be looking to expand the portfolio when I can with possible premium bonds. Currently invested in 40 companies in Trading 212 atm.
How much does that payout in dividends per day?
What's your average percentage yield?
@marcus.H 5.9% on money invested but there is also capital growth on top of that. The total return for 2023 was around 9%
@@TheCompoundingInvestor I see. I would never want to sound like it's not an accomplishment because it absolutely is. But factoring in growth of my property portfolio mine is much closer to 20% annually. I actually want it to go down in value as it will be better if I can make further purchases. I also like the feeling of having an investment I can hold and walk around in. I believe demand for property will continue to rise - especially at the low end.
If you could realistically achieve double digit yields would you ever look into it? I understand it's a lot more effort though to invest in a home. Stocks don't take any work at all and that's suitable for most investors
Very motivating video Mr CI. First full year 2023 & hit 82p per day. Freezing contributions to some companies in 2024 making my etf’s my biggest holdings. Thanks again👍👍
Thanks so much and good luck on your journey
Well done that’s an achievement you must be really pleased with. All the hard work and saving over the years is paying off now. Looks like you are at the compounding stage where your 2030 dividend update video will be awesome. Can’t wait to see it 😀
Thanks so much, I'll keep going as long as I can.
Well done mate! I think I will end 2024 with slightly over £10 per day on average, converted from SEK.
Nice work, £10 is great progress. All the best on your journey
This is absolutely incredible, huge congratulations! 🎉
Thanks so much
I had bought LGEN and PHNX for this exact reason :) i do a mix of things but for the new UK only ISA coming, I will continue to focus on our home turf companies paying very nice divis!
Great work 😊 i love watching my dividends drop into my isa😊 keep it up.
Thanks Malcolm. Seeing the dividends roll in is a great feeling.
very high quality video and a great way to show the progression and what is possible even on an average income
Thanks Tom, I really appreciate it
Fantastic achievement 🎉 and with Rolls-royce starting to pay a dividend in 2024 this is all good news.Good luck on the premium bonds on Saturday all the best 👍
Thanks so much Alistair. RR really doing well
@@TheCompoundingInvestor Rolls Royce is the Rolls Royce of stocks
@quokkapirquish6825 Sure has done amazingly
niceley done vlog people need to pay attention to this
I started February this year. I'm working a minimum wage, and I'm already on almost 2£ a day by keeping my money on a trading 212 account as uninvested cash. They pay daily at 5.20%. My goal is to get to 10£ a day as soon as possible.
Thanks for watching and sharing your journey. All the best
So inspirational, love all your videos and is a real motivation for myself being only 23 and starting my journey just 6 months ago! I’m up to just shy of £1 per day!
£1 a day already? Wow, that's great going. You have plenty of time on your side for compounding to do its magic. All the best.
Well done and I enjoy your presentation style and down to earth approach and inspiring approach. It’s a great contrast to some other tubers that only promote etf investing🎉
That’s Jonathan, ETFs definitely have their place but it’s not what I started out with. These days I like the mixture of both.
@@TheCompoundingInvestor Yes, I agree, and really like a mixture of solid dividend stock, some speculative, more risky growth stocks and a mixture of ETF and other funds. As an architect, I also like to be invested in some property investments that pay a very regular return (rent) with the potential for capital growth over the longer term. Thanks for your great content and I enjoy sharing your journey.
What companies make up your portfolio?
@Iugeer my complete porfolio is below..
£415,000 Dividend Portfolio Full Year Update | Stocks and Shares ISA
th-cam.com/video/d7870okaMLk/w-d-xo.html
Brilliantly told , many congratulations
Thanks Tim, I really appreciate it.
Congratulations. Onwards and upwards to £100 a day which will come sooner rather than later thanks to compounding. Looking at the dividend income as an amount per day is a really motivating way to make more savings. I’ve switched to dividends after getting burnt with individual stocks. Lesson learnt the hard way I guess!
Thanks, I really appreciate it. Investing in individual stocks can of course be risky and I've got it wrong many times myself. I try to have a mix these days of index tracking ETFs and large caps with reliable economic moats. All the best on your journey
Very motivating. I do something similar. I find the process more enjoyable than the money itself.
I think you have hit the nail on the head there. Its probably why I started this channel in the first place because I enjoy the process so much, everything from tracking and recording the dividends to deciding what to buy next.
Congratulations! I'll soon be on one year dividend investing, I'll need to calculate the daily amount over the year. Great video!
Thanks so much. All the best on your dividend journey. Should hopefully accelerate as time goes by.
Have you tried the stock events app its really good to see your daily amount
I use stockevents which helps me to track dividend payment dates etc... and it will tell you how much you get daily/monthly/yearly in dividends
@@jacobthorne9930same
I have a SIPP in the UK. After watching this checked my shares and found quite a few were accumulation rather than income. I have now started selling those and buying income only shares
Simple and clear...............and easy to understand.
My dividend income took a hit during 2022/2023 due to Covid...but is back up to it's highs and will be re-invested as usual.
Thanks so much. Yeah same here but I was surprised at how quickly the dividends bounced back
Just wanted to thank you for all your videos. You gave me the courage to start investing 10 months ago. Lots of ups and down but I am over 8% up in growth currently and averaging £2 per day in dividends all in an ISA which I am set to max out this year! I'll come back in another year and let you know how it's going!
Thanks and excellent work. £2 a day is great. Should hopefully accelerate as time goes by.
What platform do you use?
Barclays but they are very expensive for those first starting out or with smaller portfolios. Trading 212 / Freedtrade or for ETFs InvestEngine are all worth considering
Well done! I am somewhere between £200-£300 in dividends a year because my average yield of the portfolio is around 2%, so I am going to focus on increasing holdings in the higher dividend payers to bring it up around 3%.
Keep up the great videos!
Thanks so much for sharing your journey Steve. All the best.
@@TheCompoundingInvestor much obliged
Why not just put the cash into fixed savings bond and get 5%
Because the stock will most likely be increasing in value and not just paying a dividend so if you factor in the rise in stock value stocks will on average perform better than the 5% rate mentioned
Nicely done!
Thank you
I never logged my dividend growth until 2022 and it is interesting to see it change as time moves on.
It certainly is a motivator, as is watching your journey too, so keep up the great videos and good luck in the next PB draw 👍🏻
Thanks so much and all the best on your journey.
I love this story! I'm on around £6 per day currently so hope to reach your level one day!
Thanks Thomas. Great work to get to £6. Should hopefully accelerate as time goes by. All the best
Congratulations 🎉 Really enjoying the videos btw, most informative out there by a mile.
Thanks so much, I really appreciate it. All the best on your investing journey
Im sure I speak for a lot of people when I say I find your videos like these inspiring. Hats off to you sir!🥂
Thanks so much J. Had fun putting this one together. All the best with your investments and excellent dividend channel. Thoroughly enjoy your videos and watching your progress. Take care my friend!
I could stay in bed and still make the same. Its called calling in sick.
😂
Hmmm… I’ll focus more on dividend investing if/ when my investments are going down or sideways.
At the moment I’m getting a decent amount of growth on paper that is way more than I get from dividends.
I get about 30% growth year on year (compound) in terms of paper growth - that’s been consistent. I’m getting dividends on a lot of those investments anyway, which is reinvested. Even if I was getting 5-10% dividends I’d be sacrificing a lot of that growth atm.
I’d rather focus on growing the pot and thinking about dividends more when I’m older and I want it as an income stream.
You're the man! Congratulations.
Thanks so much my friend
This out of all channels i find the most motivating.
Thanks so much. All the best on your investing journey
Inspired. Thank you.
Great video and advice...very well done 👊
thanks my friend I really appreciate it
Amazing, well done!
Thanks a lot!
Thank you for an informative video. I would just like to endorse what you are saying, and reassure any newcomers to investing that this really does work. I've been investing since the early 1990s and was able to retire in 2000. One piece of advice I would give to anyone in the UK is to make use of your annual ISA allowance. All my investments are either in an ISA or SIPP, so are tax sheltered. The beauty of an ISA is that all income you withdraw from the fund does not have to be reported to the taxman, so is free of income tax.
Thanks so much for your comment and for sharing your journey. Yes so beneficial to use as much of the ISA allowance as possible each year as those capital gains and dividends can really mount up over the long term
Great advice, have you got any recommendations for good ISAs in the uk or will any do?
Trading 212 don’t charge a fee for an ISA so they are worth considering
Another excellent and inspiring video. Thank you!
That’s very kind. You are welcome 🙏🏻
Great video. Will continue researching different companies and check dividends payout rates
Thanks so much for watching. All the best on your journey
Man this is inspiring! I'm already some time into crypto. But now i feel like this is a nice new challenge for me. And probably a lot less volatile.
Hello, Just read the new budget and when I got to the British ISA I knew that would make you smile. As you mostly or at least at the beginning only invested in British individul stocks and you still hold many of them, that this would help. Especially now that from the 6th April the dividend allowance is reduced to £500 and the CGT allowance wil be just £3000, you can just sell some British stocks and immediately rebuy them within the British ISA, which will allow you to move more from the General investment account under the ISA umbrella. As providers needs to prepare on making the British ISA available, this won't happen immediately on the 6th April, but later this year. Anyway, I am sure this is a welcome change for you. What is your opinion?
Exactly as you have described Erika. It’s very welcome indeed. Not sure when it will be available as there is a consultation stage to get through. Hopefully this year sometime. Will definitely use it to shield future capital gains / dividends.
I recently started putting money into premium bonds, thank you for tellnig me about them!
You are welcome. All the best of luck for future draws
DamienTalks Money has just put out this video on Premium Bonds, well worth a watch if you haven't already. th-cam.com/video/ixtjDEl-LOs/w-d-xo.htmlsi=7s7Q25di_-EXy4LH
@@TheCompoundingInvestor Same to you :)
Hey. I'm investing and was considering dividends but it seems a lot of the companies that pay good dividends don't seem to grow much? Are there dividend paying companies that show steady growth and not a decline?
I’ve been thinking about doing a video on that topic as it’s a great question. I guess it depends on the time horizon. Companies like Unilever would probably be in there somewhere
@@TheCompoundingInvestor would appreciate that
Well done. Grazie from Italy Luigi
Thanks so much Luigi
Thanks for the update!
You are welcome. Thanks for watching and commenting
Incredible work!😊
Thanks so much.
This is very inspiring considering that everyone who have an ordinary job can do this. Kudos to you for sharing your journey to financial freedom.
Thanks so much, I really appreciate it. All the best on your journey
I want to see all your videos at once! This is very good 😊
Thanks so much. Glad you enjoyed it
Apologies if this is a stupid question but On the trading 212 app, is it the ‘invest’ ‘cfd’ or ‘isa’ I need to use ? Thanks
Cfd is similar to spread betting and personally I would avoid that one. For long term investing opening an ISA account makes sense in the U.K. from a tax perspective.
Congratulations on hitting this amazing milestone!
Thanks so much
Hi.. Which
Platform do you now use to buy the investments? Do you have to pay a fee every time a dividend is paid back into your account, or is the dividend automatically reinvested into the pot? Thanks
I use Barclays Smart Investor. They are not cheap however and charge £6 a trade as well as management charges. Something like T212 is worth looking at for those first starting out. The dividends remain as cash on the platform and I reinvest them with new money going in as well. I like to choose where the dividend money goes and it also helps to rebalance the portfolio from time to time
@@TheCompoundingInvestor thanks.. I do have etoro and did some copytrading last year but I like this idea. Treating it like a game to get to the next level.. So for example if I'm starting out and make 1p a day and after a month 30p will go in as cash on my account, there would be a £6 fee to reinvest that money? (using barclays).. Just trying to understand it all in my head 😊.. Is it therefore better to invest say £100 or more each month to offset the £6? Thanks again
Well done 😊
Thanks Paul
Compounding interest is cool if you can afford to invest. I'm currently putting money into crypto (I know its much more risky than stocks) and I'm seeing an average interest of 9.4% and am seeing about £1.60 a week, and I'm adding £200 a month. I started again in January after paying my tax bill with £260 and I've added £650 to date and have seen a nice little rise thanks to the interest brought on by the halving of BitCoins mining reward in a month or so and am hoping I will see more growth in the next few months. Eventually I will start to move to stocks once I see the risk in Crypto become too great for me.
This is in no way a push for people to invest in Crypto but I'm OK with the risk that comes with the potential of big rewards.
Insane milestone! Giving yourself free food all year round now
awesome video thanks for being so transparent and to the point !
You are welcome. Thanks for watching and commenting 🙏🏻
I have started my dividend journey, great video, thank you very much.
Thanks Paul. All the best with your investments.
Great video, this is also something I measure.
I am currently at £1.36/day
Excellent work. thanks for sharing your journey. Its great when the dividends start to roll in.
Hi, great stuff it really amazes me how well you have done. A reference point this year you need at least £50.00 extra as it is a leap year to maintain your £50 pound a day.
I had to work mine out it equals £33. 42 a day, I am a pimp paid off the backs of other people's labour. In truth i find it absolutely amazing, my thoughts are rather than paying a pension for 40 years if i had invested that money what would my end pot be worth?
I think it would be fair to say that you are now at the stage of a liveable income from your investment, the hard part is yet to come when do you start using this money as your income as that is what i am finding hard to do, as i enjoy the buzz every friday of finding out what income i have made for that week and toting them all up at the end of the month. In 9 months of my financial year i have received 134 dividend payments, and that is what i find incredible the share amount of payments i have accumulated.
Great work Michael. The premium bond wins over the last 12 months helped me a lot to reach the £50 level. I might not be so successful this year as the rates will fall.
im doing shares lending getting about 1 or 2p aday, watching ypur vid makes me realise i wanna aim for about £1 thats in my budget onl;y been putting £5 or £10 every couple months tu
Bloody good video!
Thanks so much, took a while to produce it. Really appreciate the feedback. All the best on your journey
Massive milestone... Congratulations
Thanks so much Matt
I have targets for each year on where I want my investments to be. It has been a rollercoaster of a ride... it is important to have goals though as projections are key to keep you focussed
Well done 👏 your alot further down the road now. I remember looking down that road and at last seeing the end. My yearly dividends are coming in at £33,440 tax-free and I am now retired. My sipp will be accessible in April, which produces around 16k in dividends, so that's there if I want it. It's definitely achievable if you're focused enough.
Hello again. Excellent work. I agree the consistent approach over many years is really paying off now and you have more on top with the Sipp if you need it. Did you chop and change stocks as you went along or did you basically buy, hold and forget?
@TheCompoundingInvestor Thanks 😊 I chopped and changed over the years. I think the main thing I really became aware of was buying cheap and buying in times of big downturns when yields were the highest. That's probably the only times I brought.
Nice video, I always enjoy your style and watching I wondered how many takes it took tossing the coins and flicking the notes into the box! I’m nearly at the end of my dividend journey as I’m moving to the stage of spending the dividends on retirement, I’ve got to £220 a month which is just over £7 a day …
£7 a day is excellent progress. Most of the notes went in first time but the coins took between 5-10 attempts each 😂
After watching this I have decided to take the first steps into dividend investing, £50 into Vodafone, day 1 puts me at the 1p per day mark, plans to pop £50 a month into my account and diversify with a few companies, hoping to hit 5p a day before my birthday in August. Thanks for a great video.
Thanks and all the best on your journey
Good vid mate
Thanks my friend
Nice! I'm on £2.65. Will be chuffed when i can get to a £10 but £5 will do for now
Great work. Setting small targets along the way and slowly working towards them is the key. All the best
Currettly im on a low salary (20 year old apprentice) And thinks its best for me to max my life time isa before adding to a stocks and shares isa. Id like to hear your thoughts?
The government contributes to a lifetime ISA which is an added bonus
At 20 you can invest but you should also be investing in yourself. This can mean having fun and travelling too!
I absolutely love this video and the comments. You guys inspire me so much.
Thanks so much. I really appreciate it. All the best on your journey
Congratulations. Can't work out my div per day as miners are taking a hammering! Still, buy low and hold for recovery is my game. Haven't enough funds to average down on the likes of Diageo, Croda, Unilever, Bats...... Roll on recovery, onwards and upwards. Good luck all.
This is so inspiring even if I'm at the start of my journey. Just wish I started earlier in life!
Thanks, I really appreciate it. Yes everyone wishes they started earlier except Warren Buffett who apparently started aged 11 😳
I’m still very new to the stock market and so I’ve been investing very small amounts, I think I’ve only invested £200 or so to see. This video (I haven’t watched it all) was helpful and easy to understand.
Thanks and all the best on your journey
This is such an inspiring video!!
Thanks so much, I really appreciate it
do you focus on single uk stocks? and is it all auto reinvested or do you have the dividends sat somewhere then choose where to reinvest them?
Yes the dividends remain on the platform but get reinvested shortly after but not necessarily in the companies which paid them. I like to choose where the dividends go, often with new money going in as well
@@TheCompoundingInvestorthanks, i've just started at the age of 30, quite uninformed and don't have a lot of time so just going with s and p 500 on t212, the acc ver, do you have any videos or thoughts on etf vs single stock investing? not looking for anything short term at all or even an income just want to put money away each week / month
The S&P500 ETF is my most commonly bought individual share over the last year or so. I like it a lot.
More than the 50 daily, you should be proud of keeping yourself committed for 15 years. Most people can't stick to habits for weeks let alone years. Congratulations friend.
Thanks, I really appreciate it.
Fantastic video I made £1.84p last year and will comfortably hit the £2 Mark this year which I'm chuffed with be interesting to see how long it takes me to get to £5 I'll love it when I get to the notes next target after £2 for me will be £1000 in a year congratulations on your milestone take care
Thanks so much and well done on your progress so far. All the best
Congratulations to everyone who's on their journey to growing their portfolio's
Good video. We're into year 6 of our investing journey - this is a good way to track that sweet passive income! We need approx. $70 NZD a day to pay for core expenses. Currently sitting on around $30 NZD per day so almost halfway of our dividend income target.
Nice work indeed and should accelerate as time goes by. Good luck on reaching your target.
Dividends are not income. They are a return of capital to shareholders.
It's money you already own taken out of your left pocket and put in your right pocket.
It's certainly passive ... The pocket fiddling is done without you moving your own hands (always a nice feeling)
But nothing has been created (or destroyed). You owned the cash the day before the dividend and you own the cash the day after.
@@ChrisShawUK If the Stock goes up you have more than you spend into it.
@@Jakkaribik1 yes, if the stock price goes up, your capital is increased. If it goes down, your capital is decreased.
If a dividend is paid, the stock goes down by the same amount on the day it is paid. This is because a portion of the capital you already own is returned back to you.
It's all capital. It's not income.
@@ChrisShawUK Yes For Now 1% Dividend In Italy Still gets around 24% Tax no matter if you get 1€ or 800€ Still it is a funny way to Invest and get Cents Back every 20€ you Spend.. 200€ is around 17 Cents Per Month?
great story!
Thanks so much.
Does the average share value go up with inflation or would you have to subtract it from the dividends to calculate real terms profit?
The share prices go up if people are buying more shares than selling and vice versa. Total return is dividends + capital gains
You are a story teller. ☝🏿🧐
Thank You
I only have a few quid saved in premium bonds and never gone into dividends so just 2 questions, what service do you use to put money in to these companies? What chart do you use to check the general highs and lows of the market? Just over time ie. The boring slow charts haha
I use Barclays Smart Investor to buy and sell shares. They are expensive however. Trading 212 is commission free and might be worth considering. To check highs and lows I simply google a company and add share price to the end. E.g. “National Grid share price”. You can then see the graph and look at different time frames e.g. 1 year, 5 years etc
The idea of focussing more on the dividends per day is a better way of going about investing rather than looking at the overall value of your portfolio especially over a long period of time.
That’s how I look at it. The share prices still go up over the long term but I just don’t focus on the short term fluctuations.
@@TheCompoundingInvestor It also helps me not make to many emotional descisions.
What’s your thoughts on the daily dividend pie on tr212 , think it was £400 needed on it to reach 1p a day
Hope you don’t mind me asking but what makes you choose each specific thing to add into your portfolio
Mainly large caps in the FTSE 100. Companies with economic moats and the ones which are virtual monopolies which we can’t live without.. pharmaceuticals, electricity, water, oil, consumer staples. Very unlikely to go bust and can usually cope well in an economic downturn
@@TheCompoundingInvestor ok, thank you. Did you add the same into each person month or was there a process that saw some have more allocated?
As you went on I was impressed by the number of additions just not sure whether it’s an initial investment that sits there then you add the next one or if you are adding into all monthly.
It varies so much. If there is a company I really believe in then I’m happy to add more to it. Having too much in the banks and mining would worry me as they can be very volatile but having more in Diageo and Unilever would not worry me so much. Sometime a sector goes up significantly like oil did after the pandemic and it grew to dominate the portfolio so I sold a lot of Shell and BP to rebalance it. I’m also happy to have relatively large amounts in ETFs like the S&P500 and FTSE 100 as they are quite diversified over many companies.
How do you work out your portfolio?
Is it distributed in various exchanges or only one?
do you keep an X amount in each or what is the best way to go around it?
It’s with Barclays but they are quite expensive if I’m honest
About £4 per day so far this year, but the heavy hitters are still to come. Your ETF’s are dividend payers or automaticity accumulating?
I take it as cash with remains on the platform so I can choose what it goes back into and also it helps me to rebalance the portfolio from time to time
@@TheCompoundingInvestor that’s what I’m thinking to do. My US tech stocks have gone up so much I want to cash in and put all that in an ETF where I will still have exposure to them…but not just them. That will then help my dividend growth as despite the massive valuation, they pay a pittance in dividends.
Great video
Thanks so much
Nice video bro.
Thanks so much 🙏🏻
Love this but one question. Is it actually possible to get paid daily dividends? Most pay quarterly or yearly?
Yes that is true. To work out my daily dividends I simply add up all the dividends paid over the last 365 days and then divide by 365