This is the Lowest Amount You Need to Live Off of Dividends
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- เผยแพร่เมื่อ 2 ก.ย. 2021
- When it comes to truly living off of passive income, in my opinion there’s no better option than being able to live off of dividends. While it’s true that there’s other different types of passive income, such as owning real estate properties, selling your own book or starting a blog, there’s really nothing out there that requires so little work to maintain than being able to live off of the dividend distributions of your investments.
With dividend investing, you automatically receive dividends directly into your brokerage or bank account every single month or quarter. It’s the absolute easiest way to earn a living without having to raise a finger, with the exception of checking your portfolio maybe once every couple months. Even if you couldn’t fully rely on dividends for a living, that extra money you receive could be the difference between working a job you hate and switching careers to a job you enjoy. Or it could be the difference between working full time and working part time and spending the rest of your time with family or friends doing whatever you wanna do.
In todays video we’re gonna take a look at several different types of investments and figure out how much money we really need in order to live off of dividends. For this example, we’re going to assume that you want to live off of $4,000 a month. Which may or may not actually be quite a lot depending on your life circumstances.
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Rate cuts commence in June 2024, taking 6-8 months to complete. A potential crash, if any, might occur by March 2025. The soft landing narrative is gaining traction, making this big recession everyone is calling for less likely. With $1 million from a business sale, I'm seeking profitable investment opportunities for the next 3 years.
The financial market is a reliable choice. Diversify your portfolio with I-bonds, stocks (ETFs, REITs, dividend-paying stocks), and bitcoin. Given your budget, I recommend hiring a fiduciary to ensure you receive professional insights for a fee.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Finding financial advisors like ‘Carol Vivian Constable’’ who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.
Dividends are what got me into investing in the stock market. The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. Have over $600K in my portfolio as I bought a lot of dividend stocks before, I'm buying more now, and I will buy more when it drops further.
Avoid too-good-to-be-true scam schemes. Seek advice from a fiduciary counselor they provide personalized advice to individuals based on their risk appetite, placing them among the best of the best. There are bad ones, but some with good track records can be very good
I agree. Based on firsthand encounter with a fiduciary counselor Deborah Jean Dykstra, i have $385k in a well diversified portfolio which has grown by 3x with compounding, venturing doesn’t necessarily boil down to money but you also have to be informed, be patient and back it up with good hands
How much are you getting paid to plug this "fiduciary Counselor"?@@NancyFranciss
Dividends are dope. Personally, I sometimes use my dividends to buy other dividend and growth stocks for diversification instead of reinvesting in the same stock. To each their own methods though. The good thing is that you’re investing in the first place and that’s what’s important. Salute for the content!
The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner
the best market strategy is to work with a credible investing coach. Since a while ago, I've been in touch with a coach, mostly because I lack the depth of understanding and mental toughness to deal with the ongoing market conditions. You lack the information necessary to succeed in a competitive market, not because you're doing anything wrong, but rather because of your lack of experience.
That's impressive! I could really use the expertise of this advsors, my portfoIio has been down bad. how can i contact them?
Credits to 'Rachel Sarah Parrish' she has a web presence, so you can simply
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Roughly $120K in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation.
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.
@@andrewchandler0 wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
@@robertosaviano215 You can do your research and be on the lookout for one with intelligent strategies who'll help your portfolio maintain an unwavering and a progressive growth. Laura Marie Ray is my FA. She has the Flexibility & Expertise to Meet Your Needs. Verify her yourself
@@andrewchandler0 I just looked up Laura online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and scheduled a call.
If you had both VTI and VOO in different portfolios and wanted to standardize your etfs, would it be worth selling one to buy the other one? For example, I have VOO in my taxable account and VTI in my Roth, I'd like to have VOO across the board (I know it really doesn't matter all that much, but just a preference). Both etfs are at all time highs (or close to it) and I'm up on both funds. Would it be an issue to sell VTI in my Roth (so no tax realization) and then buy VOO? I've only been investing for a few years now and so were not talking a ton of money. I just want to get a secure foundation before I just set and forget it.
Starting early is simply the best way of getting ahead to build wealth, investing remains a priority. I learned from my last year's experience, I am able to build a suitable life because I invested early ahead this time.
I love the insight. Professionals could make a really big difference in investing, and I think everyone should have one. There are aspects of market trend that is difficult for the untrained eyes to see. I have made more than 350% through my estateplanner(fa) by alternative investing. The portfolio comes with perks as well.
One of my goals is to employ the service of an asset-manager this year. I've seen some off social media but wasn't able to get a response. Could you recommend one?
Don't be hesitant to contact Sonya Lee Mitchell and follow her directions.
It's good you make your own research. and make sure whoever you work with is licensed n verifiable with a repute, this Sonya looks the part but i'd do my due diligence. I set up a call, thanks.
Dividends are a great thing, but they’re only really effective for passive income when you either have somewheres over 20 to 25 thousand shares of a high yielding stock. Meaning you likely need to have a few hundred thousand if not more invested in it. Re-investing dividends back into the same stock certainly does snowball with compound interest, but you only really start seeing it after 20 years of never stopping and likely needing to add additional money of your own with it….so it’ll be time consuming and costly. The way I see it if you have a million dollars at some point, that’d be enough to create a portfolio that would pay you between 50 to 70 thousand in dividend income
Like Warren Buffet said, dividends are only good if the business you’re investing into can’t make good use of that capital. So if you’re trying to invest into businesses with actual growth, looking at dividends is a waste of time. Why are you investing into a company if they’re returning capital to you because they think you can make better use if it than they can. There’s only one reason, and it is a place to park your capital to pay you a small return with large established businesses because you aren’t trying to grow your portfolio anymore, but to live off of it. It’s not much different from bond investing.
It's not difficult, but you have to learn and handle. Another thing is that if you can't manage your home, maybe you shouldn't invest on your own. If so, you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows, rather than betting on penny stocks.
@@hunter-bourke21The market's uncertainty is one of the reasons I have my daily investment decisions guided by an investment advisor, as their skill set is built around going long and also shorting the market to maximize returns, both employing profit-oriented strategy and laying off risk as a hedge against inevitable downtrends, and when combined with exclusive analysis, it's nearly impossible not to outperform. Since the 2020 pandemic, I've made more than $1.5 million after subsequent investments thus far.
@@james.atkins88 Admittedly we are only one information away from amassing wealth, I know many people who made their fortunes from the Dotcom crash as well as the 08' crash and have researched similar opportunities in this current market, could this person who guides you help?
@@Believer292 Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. "Julia Ann Finnicum" is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.
I want to invest $40k in profit-yielding dividend shares but am not sure which to buy into because dividend-paying stocks don't give rapid price growth and can provide a steady income stream.
sure there are loads of ways to make a killing right now, but such high-volume near impeccable tradess can only be carried out by real-time experts.
Having an investment adviser is the best way to go about the market right now, especially for near retirees, I've been in touch with a coach for awhile now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I nettd over $220K during this dip, that made it clear there's more to the market that we avg joes don't know
that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.
credits to Natalie Marie Tuttle, one of the best portfolio manager;s out there. she;s well known, you should look her up
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
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.
Dividends are dope. Personally, I sometimes use my dividends to buy other dividend and growth stocks for diversification instead of reinvesting in the same stock. To each their own methods though. The good thing is that you’re investing in the first place and that’s what’s important.
the best market strategy is to work with a credible investing coach. Since a while ago, I've been in touch with a coach, mostly because I lack the depth of understanding and mental toughness to deal with the ongoing market conditions. You lack the information necessary to succeed in a competitive market, not because you're doing anything wrong, but rather because of your lack of experience.
That's impressive! I could really use the expertise of this advsors, my portfoIio has been down bad. how can i contact them?
Credits to 'Melissa Maureen Ward' she has a web presence, so you can simply
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Super relieved to see that someone is teaching them this. I didn't find it out until I was about 42. I began investing actively at the age of 34 in the stock market with the assistance of a licensed broker who I met at a financial seminar. I'm 50 and Currently newly retired with over $3 million in net worth and no debts. Spending time with our children and grandchildren! also now make around half of my income from dividends and option premiums. If I had known when I was 20, I would have retired a billionaire. Please pass it on to your children for their own good.
This is relatable. I'm currently in my mid-50s. This is also to what my wife and I did. I withdrew some cash from a property of mine, and with the help of my wife's financial manager, I made a significant market investments over the previous two years. I won't be able to catch up to m wife's earnings over time, but at least I make more now. Even before I retire, my income has increased by 71%, compared to merely using my 401(k), my retirement savings has grown significantly.
Unfortunately, most people do not have access to such information. I don't blame folks who freak out. A lack of information can be a significant impediment. I make more than $47k passively by investing through an advisor, and I'm not doing any extra work. It makes no difference if the economy is misbehaving; outstanding wealth managers will always generate profits.
This is something my husband and I just talked about today, we have been stalling for a long time now. Don't really know which firm to work with; We feel they are all the same.
@bezosjesss I definitely agree with your opinion on these firms. You may do the same thing I did when I first began out and look for a few independent licensed brokers/firms online. I no longer utilize anyone other than "HEATHER LEE LARIONI" as my investment advisor. Since I began utilizing her services years ago, her methods have provided extremely steady, reasonable returns in bonds and ETFs.
@marvishaN I think I may have seen this name Heather Lee Larioni in some reviews, but I'm not sure. We'll keep an eye on her. We appreciate you sparing us from hours of research. Do you know if she manages family funds too?
Roughly £120k in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation.
Concentrate on two main objectives. First, keep yourself safe by knowing when to sell stocks in order to limit losses and maximize gains. Second, get ready to benefit from market changes. I advise consulting a Financial advisor for advice.
My portfolio has been stagnant since the 2019. I wouldn't mind consulting the advisor who guides you, I really want to grow my retirement fund since I could retire in 3 years.
She actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing
I was advised to diversify my portfolio among several assets such as Dividend stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.
You should always conduct your own research and speak with a financial counsellor before making any investment decisions because stock market investing entails risks.
Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, , and in just a few months, I was able to earn over $950K in net profit from high dividend yielding stocks. you should try it if you're unsure about the market.
Pls who is this coach that guides you? I’m in dire need of one
*Alicia Estela Cabouli* my financial counselor, is a well-educated and seasoned expert in the financial industry. She is regarded as an authority in this sector and has a deep understanding of portfolio diversification.
Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds,
Like Warren Buffet said, dividends are only good if the business you’re investing into can’t make good use of that capital. So if you’re trying to invest into businesses with actual growth, looking at dividends is a waste of time. Why are you investing into a company if they’re returning capital to you because they think you can make better use if it than they can. It’s not much different from bond investing. The way I see it if you have a $1 million at some point, that’d be enough to create a portfolio that would pay you between 50k-70k in dividend income...
It's not difficult, but you have to learn and handle. Another thing is that if you can't manage your home, maybe you shouldn't invest on your own. If so, you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows, rather than betting on penny stocks.
@@jamescomb1170 A lot of folks downplay the role of advisors 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 license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.
@@jameswood9772 Over the following 3 months, I want to increase my reserve from $280,000 to at least $550,000. I would be grateful for any advice you can give on how to accurately predict the market and how to diversify and balance my portfolio in order to accomplish my goal.
I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with "LISA ANGELIQUE ABEL" for about four years now, and she's really, really good. If she meets your discretion, then you could go ahead with her. I endorse her.
she actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing
With all this scary news making the headlines, is this really a good time to buy stocks? I know everyone says the mrkt is ripe enough for buying but will stocks tank further this year? How long until a full stock recovery? How are other people in this mrkt raking in over $250k gains within months, I'm really just confused at this point.
Still with Tesla stock, investors can never be sure what will happen next, bearish periods ultimately establish a new set of stocks to buy and watch while setting the stage for a robust new uptrend. I have been reading articles of people that grossed profits up to $250k during this crash, what are the best stocks to buy now or put on a watchlist?
@@williamsbrown4026 Based on personal experience working with an investment advisor, I currently have $385k in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
@@UshnicYuvnikof I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
@@Karagoldberg7 My advisor is “Colleen Janie Towe” You can easily look her up as she has years of financial Market experience
@@UshnicYuvnikof Insightful... I curiously looked up her name on the internet and I found her site, thanks for sharing
*DONALD NATHAN SCOTT.*
In spite of how everyone is frightened and calling the crash, there is already an excessive amount of demand waiting to absorb it, which is another reason it's less likely to happen that way. This forecast was not made in 2008, at least not by the general public, as I will explain below. The ownership rate peaked in 2004, according to the other comment. We reached a peak in the second quarter of 2020 and are currently at the median level. From 2008 to 2012, it fell by 3%, and in the second quarter of 2020, it dropped from 68 to 65.
@@tatianastarcic My portfolio has been in the gutter for the entire year, so I started researching new ways to profit in the market, but everything I tried just seemed to miss the mark. Please let us know the name of your financial advisor.
@@tatianastarcic Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
As someone from rural Tennessee, $4000 dollars a month is enough to be considered the rich uncle.
Can confirm
Even 1000 is more than enough
@@ulti8106 It can be if you set yourself up well, but that's more like retirement living. But 2000 a month is definitely surplus if you don't many dependents
@@bobald4389 i use to make 2k a month of my job and i was still saving more than spending just depends how expensive living is rent food and moving is all you really need and some clothes
Same here in Central Pennsylvania
Dividends from the stock market encouraged me to begin investing. What matters, in my opinion, is that if you invest and make additional money in addition to dividends, you will be able to live off of dividends without selling. It implies that you can provide that benefit for your children, giving them a head start in life. I've invested more than $600K in dividend stocks throughout the years; I'm currently buying more today and will continue to do so until the price falls even further.
Hearing from an experienced investor who has survived the crisis and prospered is always comforting. It could be worrisome when your portfolio goes from green to red, but if you have invested in strong firms, you should just keep growing them and stick to your goal.
Fantastic! That sounds wonderful. How can I get in touch with your financial supervisor?
There are many financial coaches who excel in their profession, but for the time being, I employ Stacey Lee Decker because I adore her methods. You can make research and find out more
Thanks again for sharing all this information, still holding some cash the low is taking longer than expected but I am hanging in there meanwhile as holders we can still make good profit. I added $289k to my portfolio in a matter of months. You must look for support, in the right places
Your attention to detail really sets you apart from the crowd of comments here. I've attempted investing in the stock market multiple times, but the changes in stock value always made me give up.
@@lisaollie4594 Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $121k ROI, and this does not include capital gain.
@Stanley Edwin I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with "KAITLIN ROSE STERNBERG" for about four years now, and she's really, really good. If she meets your discretion, then you could go ahead with her. I endorse her.
I would think that a major benefit of dividend investing is that calculating portfolio size needed is not relevant. We don't care about the value of the portfolio. We care about the sustainable income it pays. As you invest you can gradually see the income rise as you invest more and pull the retirement trigger when it's high enough regardless of the market sentiment.
Calculating the portfolio size needed is very relevant. - How else do you know how much to contribute?
by calculating how much additional income the contributions produce and estimating how that income rises. the capital value will fluctuate up and down over time so the amount of income new additions give you varies. so capital value being high with a market yielding 2% is no worse for retirement than the same portfolio at a different timepoints where the capital value is half and so the yield is 4%. so long as the yield is sustainable in real terms the capital value being half does not matter. its the same income stream at a different moment of low market sentiment vs high market sentiment.
Although there are many of chances in the financial markets, I've learnt enough over the previous few years to be skeptical about that. Knowing where to focus is crucial. When I started properly monitoring my investments, I started to amass riches. The importance of professional mentoring cannot be understated. Without the right coaching, people are more likely to make errors and lose money.
Who is the professional who is advising you, if you could perhaps tell us? As a novice investing in stocks without the correct direction of a professional, I have lost a lot of money.
Carol Vivian Constable 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 started investing because I liked the extra money from stock dividends. The key, in my opinion, is to make enough money through both investing and dividends, so you can live off the dividends without selling anything. This way, you might pass on this financial advantage to your kids. I've put more than $600K into dividend stocks over the years, and I'm still buying more, planning to keep going until prices drop more.
Hearing from an experienced investor who has survived the crisis and prospered is always comforting. It could be worrisome when your portfolio goes from green to red, but if you have invested in strong firms, you should just keep growing them and stick to your goal.
I wholeheartedly concur, which is why I appreciate giving an investment coach the power of decision-making. Given their specialised expertise and education, as well as the fact that each and every one of their skills is centred on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it is practically impossible for them to underperform. I have made over 1.5 million dollars working with an investment coach for more than two years.
How can I reach this manager of yours? because I'm seeking for a more effective approach on my savings
Sonya Lee Mitchell 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..
Like Warren Buffet said, dividends are only good if the business you're investing into can't make good use of that capital. So, if you're trying to invest in businesses with actual growth, looking at dividends is a waste of time. Why are you investing into a company if they're returning capital to you because they think you can make better use if it than they can. It's not much different from bond investing. The way I see it, if you have a $1 million at some point, that'd be enough to create a portfolio that would pay you between 50k - 70k in dividend income.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $21k ROI, and this does not include capital gain.
Mind if I ask you to recommend how to reach this particular coach you using their service? Seems you've figured it all out unlike the rest of us.
Credits to 'Lisa Angelique Abel' she has a web presence, so you can simply
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
What is the best way to profit from the current market while I'm still figuring out how to diversify my $400k worth of stock portfolio to accrue more dividends?
Remember that investing in the stock market carries risks, and it’s important to do your own research and consult with a financial advisor before making any investment decisions.
Pls who is this coach that guides you? I’m in dire need of one
I Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds soon. Thanks
Buy a short term CD paying over 5%.
The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.
Find stocks with market-beating yields and shares that at least keep pace with the market for a long term. For a successful long-term strategy I recommend you seek the guidance a broker or financial advisor.
Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.
The investment-advisor guiding me is Diana Luise Hines, she is popular and has quite a following, so it shouldn't be a hassle to find her, just search her
@@CraigMitchell376 Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
@Scarlett Bell you don’t lose your money until you decide to sell. Only then do you “lock” in your losses. The market will be tumultuous with the fed’s handling of inflation and the rest of the hot mess.
I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or whenever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That’d be enough to create a portfolio that would pay you between $50k to $70k in dividend income
Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that’s the most effective way to enter the business at the moment.
@@PhilipDunk Could you kindly elaborate on the advisor's background and qualifications?
Vivian Carol Gioia is my Advis0r. She has since provided entry and exit points on the securities I concentrate on. If you want to check her out, you may do so online. I usually trade in accordance with her strategy.
@@PhilipDunk Thanks a lot for this recommendation. I just looked her up, and I have sent her an email. I hope she gets back to me soon.
I saw in a video that though dividend-paying stocks don’t offer dramatic price appreciation, they can provide a consistent income stream, I want to spread across $400k into profit yielding dividend equities but unsure of which to get into.
Well the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals.
Very true. Despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.
My consultant is *Sharon Louise Count* She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have about $700k amount of capital to start up but I have no idea what strategies and direction I need to approach to help me make decent returns
Having an investment adviser is the best way to go about the stock market right now, especially for near retirees, I've been in touch with a coach for awhile now mostly and I made over $800K within a short time
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
My Financial Consultant is Lisa Angelique Abel. I found her on a Kiyosaki interview where she was featured and reached out to her afterwards. She has since provided entry and exit points on the securities I focus on. You can run a quick online search with her name if you care for supervision. I basically follow her market moves and haven’t regretted doing so.
Lisa has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I set up a call with her so I could use her services.
@@jessicamoore3093BS
At the beginning of the year, I have continued to purchase a few equities, but nothing significant. Why am I being so unkind to this? The fact that others in my field make six figures each piece, nevertheless, motivates me to want to be the first member of my polygamous family to earn a million dollars. I am fully aware of the expense of working more to get more money.
The top experts, however, have access to confidential information and data that is not made available to the broader public. Being knowledgeable enough to use them successfully is quite another. Big returns, not changing stochastics, are the key. Rewards and risks must be balanced. To reach your aim, pick the right size and turn your edge as often as necessary.
You're not doing anything incorrectly; you simply lack the expertise to capitalize in a down market. Professionals with extensive expertise who must have witnessed the 2008 crisis are the only ones who may profit significantly during turbulent times like this
@@oscarjiron6974 I require suggestions on how to restore my portfolio and create more effective strategies in light of the huge declines. Where can I locate this instructor?
@@AnthonyHart34 I wholeheartedly back financial counsellor Sharon Lee Casey, who holds a US SEC licence. She has been helping me for a long with my portfolio. You may look her up online because she has many reviews.
@@oscarjiron6974 Fascinated to know, Her credentials are undoubtedly excellent,
Sharon appears to be very knowledgeable. I discovered her online profile and read through her resume, educational background, and qualifications, which were all very impressive. She is a fiduciary, so I scheduled a session with her.
I am just glad someone is teaching people this. I didn't figure it out on my own until I was about 40. I started aggressively investing and now I am 60 and making about half of my income off of dividends and options premiums. If I had know when I was 20 I would have retired a millionaire. Please pass it on to your kids, for their own good.
How it works? I mean is it safe or volatile? Do you have to be all day looking if it goes up or down like stocks? Do foraigners can do it?... Gla you found about it anyways
My Schwab advisor tells me to hold my money in growth positions (not dividends) and then ride that growth and eventually dump some of that into dividend stocks later on. Not sure though.
I'm just jumping in the boat you've sailed on. 41 and trying to get in there with what I can
I was 25 , defaulting on my student loans and making minimal payments on my 💳… until I dated the RIGHT girls.
I’m now retired at 51 and we are still together.
@@kolacao8134 foreigners can do it, but if they're investing in American companies, there might be extra taxes to pay. Talk to a financial advisor in your country. If you're new and worried about starting out, I'd suggest starting with a very small amount of money, or consider looking into "paper trading". Paper trading has no risk at all, but it also has no reward (other than practice).
Simply do this; disregard the market opinions and projections. I'd suggest buying shares of reputable firms and holding them for long that's exactly why investing in stock now will be the best a favorable decision
Be careful not to be lured into the market too soon i rather be buying low in periods of instability than chasing when market starts to rally, but above all, this current situation has really opened my eyes to the importance of a good financial coach
@@FeliciaJudge Trading used to be a stressful "Rollercoaster Of Wins And Losses with no Consistency. Since learning the rules, all i've done is follow them. The results came effortlessly
@@gracesdonny1532 I like the fact that all you do is follow the rules. I have bought so many stocks in individual companies, right now I find it safe to invest in an ETF that tracks the S&P500 and ride it out. I put $180k into some growth stocks with a Financial advisor handling my portfolio. some of my picks are, NVR, LISP.SW, SEB, VOO, DOWJ, BRK-A, AAPL, IVV, NYSE, NASDAQ, TSLA I've gotten 71% return so far this year, I'll see where it goes.. fingers crossed... you have to apply rigorous trading strategies, which you'd have to be a pro for. or else you might lose if you don't know what you doing
@@emilybrown2719 Pay no mind to all the major companies announcing layoffs. do you by any chance do referrals on your FA ? so I don’t make mistakes that are going to cost me a lot
@@tradekings5433 I have saved myself from all the hassle that chaotic market causes. These days the best way to come into the market space is reading, studying, patience and seeking guidance when necessary, due to my line of work i can’t handle my portfolio so i just copy the trades of ‘’Susan Agnes Hancock" a CFA i saw on Bloomberg business news. It’s been smooth since then.
Stock underperformance and bear markets are to be seen as opportunities to buy and sit tight watching your investment reap returns. Instead, panic and insecurity cause many to sell thus losing out on the markets. Grit, patience and resilience are virtues.
@Nickolas Alphonso Now that's the reality of market, but everyone want bull run and no one wants bear market.. Guess what these are the people who trade with calls and not analysis.
@@carter3294 Starting out with a with a professional that knows the ropes of the choppy but profitable market is the best way to achieve getting a well structured portfolio. That’s why I have been working with ‘ "CHRISTINE ANN PODGORNY” ’ and that doesn’t make me daft because in financial dealings one have to be prudent. Most traders enter exit with a quick 10% profit which is not bad in a general opinion but why not aim higher, it doesn’t necessarily mean to be greedy.
@@stevensmiddlemass2072 The Times of greatest fear in the market more often than not are some of the best recoveries. Why? Because people tend to panic when things go bad and overreact. Stay informed and always have a plan. Buy low, hold long my friend.
Bear markets feel like Black Friday to me where everything is on sale 💰
Only this time it's different.. Thye've been conditioning you guys to think like this. The NWO/Great Reset is here... Keep kicking the cans down the road if you wish!!
The market's direction can change rapidly, showing a tendency for indexes to transition from a bear market to a bull market when the news is at its bleakest and investor sentiment is at its lowest. I came across an article mentioning individuals who earned profits of up to $150k amidst this downturn. What are the best stocks to buy now or put on a watchlist?
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
very true, I started investing before the pandemic and that same year I pulled a profit of about $600k with no prior investing experience, basically all I was doing was seeking guidance from a financial-advisorr, you can be passively involved with the aid of a professional.
@@ThomasHeintz wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
Elise Marie Terry is my portfolio-coach, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.
@@ThomasHeintz Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
I'm struggling in this market. Stocks that I have held for months and made profits from are not behaving the way I'm used to so I’m quite indecisive on how to tackle this market, any advice would be grateful.
I’m both a dividend and growth investor and there are Great dividend stocks out there! The trick is to diversify and put in enough to where you actually get good dividend payments Monthly. I made my first million from repositioning and rebalancing
That sounds great and what signal do you invest with?
I have copied trades of a financial adviser and portfolio manager Lisa Angelique Abel for over a year now, she is quite dexterous. Although this is done automatically I have been able to learn a few tricks to help me trade on my own. She takes a performance fee after you have made profits, her style of trading suits me perfectly and I recommend her to you.
That's awesome and please how do I connect with this broker lady?
Look up her name on the webpage
Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking the bold steps we need in other to reach our goals.
I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations in stock value
This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by the name *Margaret Ann Warnken* and everything changed. I started enjoying huge returns from my investment.
Oh, that sounds good but how do I reach out to *Margaret Ann Warnken* ?
Look up her name on the webpage
Okay, thank you. I just found her website very impressive and dropped a message for her.,. I hope she replies to me
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $260K for sometime now, my major challenge is not knowing the best entry and exit strategies... I would greatly appreciate any suggestions.
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
CNBC rule of thumb by Steve Najarian is entry point is never near high and exit is always set at 90% of high
I have challenged myself to put away 50% of my monthly income into stock options which is quite easy since I live frugal without debt. I work as an account executive, and make over $20000. $10000 goes into dividends, and the other $10000 covers my my food plus living expenses. I am seeing improvements in my portfolio, dividends look certain, but I have to attribute this to only to guidance of a licensed fund manager who allocates funds to a plethora of assets. I have to stay disciplined, and remember that I’m in it for the long term. Good luck to everyone and thanks for the great video.
@Joey PerolliniWith the help of a pro financial advisor, Herman W Jonas, I’ve gotten into stocks and fx, splitting my funds in different assets that have brought me huge roi. I just reinvest and grow my portfolio. Here,
Hermanw jonas (a g mal
comm
@Maisy Kirsty I have made over $25,000 in profits, more so because I am reinvesting every two weeks. His strategies cuts across major financial markets which cuts across major markets which I found to generate more profit.
You make $20,000 every month? Wow, that is a huge amount! I'm doing well just to scrape up an extra $100 to put into stocks and ETFs.
@@Kantor895 Please do not invest with these scammers. Use a legitimate company like Vanguard or Blackrock that have an international reputation and are safeguarded by the government. Remember, if it's too good to be true, it probably is!
My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.
sure there are loads of ways to make a killing right now, but such high-volume near impeccable tradess can only be carried out by real-time experts.
Having an lnvestment advser is the best way to go about the market right now, especially for near-retirees, I've been in touch with a coach for a year now mostly because I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I nettd over $320K in profits so far, Its clear there's more to the market that we avg joes don't know that Investment advisors know.
credits to LEILA SIMOES PINTO, one of the best portfolio manager;s out there. she;s well known, you should look her up
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
The most important thing that should be on everyone's mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.
How can this person, ROCHELLE DUNGCA-SCHREIBER be reached please...
Wow! I just looked up this person out of curiosity and I'm super impressed with her qualifications. Thanks for sharing.
I hope to live off my dividends someday, I'm testing out different dividend investing goals. So far I'm a bit over 500 dollars of annual dividends
Same here I have the same amount yearly
I don't know how he thinks 7% is "massive" dividends, there are riskier REITs and ETFs that pay upwards of 10%-15%, some of them monthly. My portfolio is just over $125,000 that I've been building this past decade, and I'm getting an average of 9% annually. I"m also heavily diversified, I own over 60 different stocks, etc. so if any of them fail or stop paying dividends (a common occurrence since the virus) I can let them go without damaging my total portfolio. None of them take up more than 5% of the total, either. Basically I don't put all my money on one horse in the race.
nice... what kind of strategy are you using? which stocks are you buying?
@@yolanda9730 which stocks are you buying?
@@captainnerd6452 do you have Clm and Crf they are both monthly is a 11 to 12 percent divided yield
In all ramifications, this seems like the worst period. The markets are now very unpredictable. Started investing recently when the market prices were a bit high sadly today, I am more than 60% down
@mackenzie fventes Majority of YT pros copytrade him. That is how they make so much returns regularly from the seemingly unknown market.
@@sakhalittle9206 Lol. I am one of them. Not a pro though not even close to that... Started last year and in all honesty, wish I had known about him earlier.
It's the market, if you can't be on it on the bad days, you shouldn't be in it at all.
I hated the tech industry and was burned out. I sold my house in Seattle in 2016, moved to Houston and invested the roughly 450k into closed end funds, business development companies, preferred stocks and reits. I don’t own anything that pays less than 8%. My portfolio is currently returning 9.6%. The current value of my account after 5 years has not gone up much but the income is stable. I make about $3600/ mo which allows me to live a comfortable simple life in a 1 bdrm apt in a pretty nice part of Houston. I definitely recommend to heavily diversify. I don’t have more than 5% of my portfolio in any one position.
If only we all had 450k.
Thank you
even 1k per month is great, you could live in thailand off that. Then be free to work on other things that create more passive income.
@@hackmedia7755 can you get permission to live in thailand with just income of 1k per month?
@@shugyosha7924 you can just jump to another country every 6 months until you can get a new tourist visa again
I'm so pissed I didn't know this stuff in my 20s. This should be taught in school. I got started, better late than never. I've got about 20 years to dividend invest.
@@skooltalkpodcast8081 You're awesome kid! I'm 42 and just started my investment journey last year. By the time you're my age you'll be a millionaire a couple times over if you stay away from debt (including student loans) and do your investing.
Now now, we can't go having everyone learn about the secrets of early retirement. Where will we get our consumer/worker drones from?
Yes it is so stupid the way that schools are run. I have four years of college and several degrees and my pay has dropped from 45 a hour to 23 a hour and no insurance.Basically employers using technology over human function and this is why the school system is antiquated and way off. I should have started earlier in my investing. The thing is what type of lifestyle is this guy talking about . I have paid off my house and have 400 k invested. I plan to retire in 3 more years. I believe based on what I spend now as I am thrifty. That between social security and passive investing I can maintain around 65 k a year. Hence if I am making 23 a hour now plus I get a few bonus pays a year which I only get if I leave out of state and leave my home to get to get my wages to average 30 a hour per year. I still will be getting a raise when I retire. So I am already living the life style that will be needed. I love running and it doesnt cost hardly anything maybe few dollars a day so I think you have to figure what type life style your thinking of living when you retire
Absolutely agree. What did Pythagoras and Newton give me apart from a headache. Compound interest however will make me a fortune. Good luck on your investing journey
@@skooltalkpodcast8081 keep going and never stop. Do a spreadsheet so you can predict what your eventual wealth will be if you stick at it. At some point you won’t even have to put new money in as it will feed itself. Best of luck
Some important info is missing.
1 - Liquidity issues
2 - ETF or stock that underperforms
3 - Risk of stop of dividend payments
4 - % Allocation and rebalancing
I think he addressed this half way through the video
corporate laws..did you consult a attorney? attorneys are educated in the stock market
@@angelachanelhuang1651 attorney here - I’d give you a referral to a stock broker or financial planner. I do law, not investment advice.
Wow, he puts together a somewhat simple concept with examples and real figures in less than 14 minutes and you expected it to be a full investing course? He didn't cover life insurance, flood risk or terrorism either. Sarcasm aside... My point is that it is unreasonable to expect all factors to be covered in 14 minutes and the viewer should expect that this is just a waypoint on the journey.
@@MysticWanderer So maybe your suggestion is better directed to whoever named the video. You could suggest something like “A partially thought-out and poorly explained simple concept that omits substantial information”. Sarcasm aside, these obvious (to those who know) omissions are the equivalent of purposeful misinformation, and that’s what people are pointing out.
My mother lived off of $1200 a month social security and no debt and a paid off mortgage for 29 years - imagine that 😳 She just passed in February 2022 - this life requires discipline, not money.
This is fuking true
I’m sorry for your loss bud
That was a strong woman!
it requires that no debt and that mortgage being paid off. Sorry about your mom but don't paint the picture that $1200/mo SSI is feasable, and that discipline is with not going out, travel, foods, things, etc.
@@cjschmitt4882 Hopefully by the time you are 62-70 years old to draw Social Security you would have paid off all debt incurred from age 18-62 including a home, if that was your choice. Discipline FTW!
Once you discover you can make $1,000+ from dividends each month without having to go to work, your view towards life changes drastically
Once you discover passive income from any source (dividends, interest, staking, etc.) it all changes!
@@kimyoung8414 very true! I started investing in 2016 and that same year I pulled a profit of about[$300,000] with no prior investing experience, basically all I was doing was seeking guidance from a financial-advisor, so you don't necessarily need to be a perfect investor, just have a professional assist you
@@erichkraetz2622 How can one find a resourceful FA, I buy the idea of employing their services, its a shame market crashes as of late have become a sort of habit for stocks
@@checkforme234 My advisor is 'Eileen Ruth Sparks'' In terms of portfolio diversity, she's a genius. You can glance her name up on the internet and verify her yourself. she has years of financial market experience.
I invested about $400k some years back into ETFs, some bluechip and individual stocks which makes me about $20k monthly ROI still the best way to build up
Smart, I must commend you because etfs will keep making you solid profits through compounding while the other stocks pays monthly although advantageous you started big
how can one start investing, can you guide me through
@@ferasiel425 I use the service of a fiduciary under a great broker, that is the most effective way I have known
If we taught kids that $4000 invested monthly into the S&P 500 index (8% annual ROI) will grow to $2,350,000 after 20 years, $3,800,000 over 25 years and $5,600,000 after 30 years then we will have a lot less 20 year old making $35k and running to the Mercedes dealership to blow the money
This is very much enlightening so thanks for sharing it
It's not always about being a millionaire. Just getting your money to start GROWING in an upward trend is enough to be grateful. Keep working hard and spending less until you find a happy medium. Things will stabilize if you invest in sound stocks/etfs. Don't spend what you cannot afford to lose and always ask yourself if you can survive if you were forced to hold for a year or longer...
Most of those on TH-cam seem interested in increasing their incomes. I don't know how many want to be millionaires but is seems to me income increases will help achieve financial goals a lot faster. Income is not everything but being a millionaire means you have so many more options than if your not all else being equal.
interest rates
I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains with months, I'm really just confused at this point.
Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge/professional
A lot of folks downplay the role of advisors 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.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.
There are a lot of independent advisors you might look into. But i work with Carol Pasol Lewis and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her.
thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I wrote her pertaining my financial goals.
Every financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world, both NFT, real estate and Crypto shares are really positively changing people's lives.
I'm thinking of investing in the crypto market but taking my time to figure out how the whole thing works.
Investing in crypto is very volatile and risky which is why most successful investors trade with professional brokers
The real risk in the Crypto market is the risk of not investing, not the risk of short term price volatility.
I have been investing in crypto but have had a bumpy ride. How can I reach your broker? I will appreciate any tip or pointers
I once tried trading myself but made more losses than profits. I wouldn't suggest it to anyone
I am 25 years old I make 200 dollars a month in dividends it feels really good to have my dividends pay for my gas every single month without doing anything haha QYLD is my favorite it changed my life
Zamn
Gg
That's awesome dude! Consider reinstating that so you can increase your dividends
Reinvest it
Great video! This is easily one of the most practical and realistic videos I’ve seen on the subject of dividend income. I could easily live on $1500 or $2000 a month. One thing I would like to see covered in a video is a breakdown of the tax implications of dividend income. Thanks for the very informative video!
HaHa live on 1500-2000 where? rural meth town west virginia? Sure not doing it in a livable place like California or New York or any decent state. That wont even make the rent or house payment in 99% of America!!
@@davenone7312 California and New York are decent states? Laughable. They are negative growth states for a reason.
@@davenone7312 New York and cali suck 🤷♀️
@@davenone7312 you can get a decent place in a rural area for 600 a month. I agree with the others. California and New York suck. Shitty soulless places to live.
@@davenone7312 A lot of people have their houses paid off by the time they get to the point of living off of their investments, so living expenses are drastically reduced. NY & CA suck, thus the exodus....
Despite the economy crisis, this is still a good time to invest in stock and crypto.
Not all of them really do such.
You're right stock and crypto are the best to invest on right now.
I had her strategies are really amazing thinking on starting a deal with her
Oh yes I'm a living testimony of mrs Hanna macko as well, that lady has changed my financial status for the best.
Wow I have read allot of stories about this broker she might be very good in trading, let me contact her as soon as possible.
Dude you killed it. Best dividend video i’ve watched. Made me feel good about being a dividend investor in a world full of growth investors now a days 😂
This is definitely an answer to the question "if I win the lottery do I take the lump sum?" Yes, if you can trade that for dividends.
Nothing better than FINANCIAL FREEDOM. We are big fans of dividends over here... obviously 😅Thanks for this 🔥🔥
As someone who is beginning investing long term and in dividend shares/etfs this is a great watch. I don’t necessarily have the goal of just living purely off of dividends, I treat it more as a passive income source once I retire along with my superannuation/pension fund.
That's how it should be, it's too scary and risky to just leave everything behind and depend solely on your dividend income. You can actually do it differently - invest, reinvest and enjoy everything after retirement.
Don't chase dividends! Equity is the same thing.
I am a retiree this year, and I use the same method as yours to live off. It works.
Another option would be Closed End Funds (CEFs). Tickers: DNP (ultility companies), RFI (real estate), and KYN (pipelines) come to mind.
whats advantage using CEFs instead of dividend stocks
@@calphak7389
I think one advantage to CEF’s is that they hold a basket of income stocks as opposed to just an individual stock. So more stable. But since they trade like an individual stock, they react like single stocks in terms of higher yields as prices drop. Using dollar cost averaging will increase your yield over time.
I'm actually invested in almost every company you mentioned. My average yearly dividend return is a bit over 6%. I guess if you do the math, I'd need about $800,000 distributed in the same way into my portfolio to make the $4,000/mo. but if I keep up my out of pocket contributions going at the same rate and let the snowball effect add to it as well, it should start to really gain steam.
How does yearly inflation rate affect your returns?
@@787310 unfortunately I just started so inflation is a real concern, but I make 6% of my total contributions in my portfolio (which are subject to tax), and I'm looking at a 5% unrealized gain. Considering inflation is off the charts, I'm pretty much just treading water right now.
I am in IVR (13% yield) ORC (17% yield) and OCCI, NGG, XFLT, SMHB.....
My 280k pays almost 40k a year right now. These low yield stocks are a joke.
@@PatrickOnDemand how many years have you been invested? Have they been paying out the whole time? What has the capital appreciation been over that time? I have so many questions!
@@PatrickOnDemand with wich platform are you investing for yield?
Great take. Don't forget to diversify your assets. Owning a physical house that you can rent out or whatever is allot different than owning shares in a REIT. Even though it is usually a conservative suitable investment, it is still paper.
Paying off debts is also something people need to consider as well. Hell you would be surprised how much life comfort an RV/ Mobile home parked on a paid for couple acres is worth when the market takes a dump and there is a pandemic going on.
Best 12k I ever spent.
That's right. Diversification is also important. If you're living in an area/country where real estate is gaining value over time, more or less following inflation, you can get a mix between rent income and value increase, whereas REIT hardly gain value over time so you need to make sure it beats inflation by a good margin to secure long term benefits.
A lot is two words
Glad my dad taught me about dividends. At 20 I already have a pretty good portfolio and I’m already bringing in a good amount a year. Once I’m out of university I’ll be setting up a percentage of my wage to go towards stocks
Shouldn't you work for your bread?
That lazy way of living is no good.
@@wolfthequarrelsome504 I’m currently sitting in a factory I work in and when I get home I’ll be studying for my degree. I work for my money. I’d argue it’s almost idiotic to call investing lazy. The whole point is you put in the effort to get the money and then the money works for you.
@@wolfthequarrelsome504 that’s a poor person mentality. Not working for money is the best, frees up your time for more meaningful business or personal pursuits
@@Giancarlogambetta I think Pat enjoys being a slave 😋🔨
@@wolfthequarrelsome504 Calling other people lazy is just hilarious, you bum...
I kept waiting for the sell, the ad, the website, the affiliate. You sent people to a Reddit to learn more! That is FANTASTIC. Seriously.
This is a purely informational video! And also the first investing video I’ve ever been able to sit through thanks to the straightforward and easy to understand wording. Now I know where to start looking and Googling.
Thanks for educating!
It's kind of a trap if you are younger and don't really need the money right now. Even the best of these covered call etfs has only grown about 70% the last 5 years, while Apple has grown 500% in the same period. You'd probably be better off buying and holding normal stock etfs that track the nasdaq or s&p. This video really only applies if you're ready to retire and pull out the dividends to live off of.
@@metsfanal Young people need to pursue growth while older people can get Dividends.
It is refreshing to watch a video like this.
Awesome video! Only thing I would add to the Altria example, and hopefully it helps someone, is that you don't actually have to save and invest over 600k into a/the company due to how compound interest works. Just stay focused on the goal and invest consistently and every time you get a dividend payment simply buy more of the stock, or more stocks in general. If you plan to invest $500-1000 a month at some point you will start getting $500-1000 a month in dividend payments, which in fact doubles your monthly investment and makes it easier to reach your goals.
@@dividendbullyoutube7835 scammer!
No , thats not what was implied… what was meant is if you consistently add 500-1000$ each month eventually youll be getting dividend checks for 500-1000$ and once your at that level if you reinvest your dividends itll be doubling your investment rate. Essentially speeding up the whole process of achieving your goals
@@Roger124ification Trying to explain compound interest on a YT comments section...
I applaud your effort in fighting the good fight. But some people just can't get their heads around compound interest.
Don't know what it is, it's something like how some people actually don't like music of any kind or can't understand sarcasm. I have given up trying to understand other people.
Sad replies, it's called compound interest. You get your monthly pay off your dividend. Instead of saying YAY INCOME you take that 1500 and you buy more shares of reality. Over....and over....Over.... Over again. Till the point that 1500 earnings. Turns into 4 grand. Then you can retire. Thinking about dividends as a income is toxic and should only be considered as a surplus.
dividend is like a bonus check
Or as you go heavy on one, start diversifying when you are getting about halfway to your goal. Risk is always there no matter what you do, of course the sooner you start the better. Though if you aren't making 100k a year or didn't start in @18, you are going to have to be lucky on a meme stock OR going to have to play with some higher risk.
Diversifying slows growth and puts your goal post out longer. It's a better risk to choose up to 5 stocks that will withstand long term market fluxes. The only thing is you have to do a lot of research to find the right stocks for you. Otherwise just buy into an EFT.
@@DioDiablo702 dump your
Money in Honda
Excellent video. I grew up poor and I’ve done this. Still working at 50, but only because I want to. Still reinvesting my income and still growing my monthly dividend.
selling an investment path......
I absolutely LOVE that you clarified up front that real estate isn't passive income. Way too many people buy into that hype of "buy some houses and I can kick back and live off the rental income". What you actually do is "buy" a job. Yes, you work for yourself, and you get appreciation. But it sure isn't passive.
hire a property manager... There ya go kid, problem solved.
@@JUDALATION ...and there goes your profit.
What you do is earn some kind of passive income from e-commerce or royalties and use THAT to invest in Dividends… that’s how you do true passive income.
How do you earn passive income with e-commerce
He is earning good money from TH-cam and investing it.
Ecommerce isn't passive. You're running a business and have to worry about maintaining customers and operating expenses.
@@DioDiablo702 it’s an insane amount of work and extremely competitive. It’s “easier” for some people because office life from the late 1900s was awful. But it’s not easy by any means.
@@booooo-urns If you want to start, print on demand is a really good options. Make some silly deisgn of cloth and partner up with a local cloth printing company. You can basically sell your designs without having to manage ay physical goods. I haven't tried it but there are plenty of youtube videos about that topic.
Great video and I absolutely agree that dividends are the one of the best ways to generate passive income and the sooner you start the better. I’ve been doing this intensively for 12 years and it’s the best thing I’ve ever done.
Where can you purchase some?
What's considered "aggressive"?
I started investing rather late in my life because I put much more down in my house and frankly I was passive in making a "move" towards investing. I have a ROTH and I invest mostly in dividend stocks of companies of my choice that I find suitable to my "liking". While I have a long way to go, I am maximizing my annual contribution and it is nice to see what became as dividend pennies every other day coming in, are now dividend dollars coming in every other day. And since the market has taken a down turn, I keep on "cost-averaging down" while increasing dividend pay. I know it is a game of patience. I probably won't be able to live off dividends alone, but it will be nice extra "pocket-money" when I retire
loved this discussion! I think an intriguing follow-up is writing calls on your own stocks as a DIY type of covered call fund.
I did try selling covered calls on my stock holdings. In general my experience is that I collect a small amount - then watch as my successful stocks rip higher. Of course I've been called away so I don't get the appreciated value of the stocks I sold calls against.
@@garydorfner6695 and this guy is peddling qyld which does the same thing (actually even worse) at larger scale.
It depends on the volatility of the stocks. Writing put options on stocks you want to hold is also a good plan. Tesla for instance has weeklies covered calls or naked puts with premiums around 1% of the net value per week. Meme stocks can provide higher returns (5-10% a week sometimes) but of course the risk is higher. In any case the more capital you have the easier and it keeps compounding year over year.
@@cdm1949 well Qyld sells calls across the entire index. Not all of those are going to run up. If they do you still get profits. There's no guarantee it won't take 6 months for your stocks to rip higher, if they ever do. If you get a drawdown you can sell premium to get yourself back out. I'll take regular income week in and week out over holding a stock for potentially a long time with nothing to show for it. If they occasionally get a win it just ensures they'll return as a future customer. A lot of times they're going to lose. Just like at a casino.
Overall in calls you compete with massive statistical models in a betting game.
They will beat you all the time, completely worthless excercise.
Don't play chess against a computer / the house always wins.
I have a small portfolio but I got my first dividends this month. I can’t wait to see next year’s returns as I grow my portfolio. Thanks for sharing this video!
DRIPs are great way to grow your portfolio without working, while you're starting out.
@@captainnerd6452 thanks! Got them active 👍
Awesome. A lot of people say the market is burning hot right now. As a result, I've been slowly reducing my contributions and stashing money on the side. If a crash/correction or downturn happens, I'll deploy that capital and scoop up some stuff at a discount. My online brokerage also allows me to deploy margin up to 35% of my portfolio's total value, so that's a few thousand more that I can use as well
@@BleuSkiddew plan your work, work your plan!
Reinvest!
Great info. Glad I found this channel. One thing that wasn't mentioned - careful on the tax treatment of certain dividends. Qualified are treated with lower taxes. I'm thinking some of these covered call ETFs mentoned at the end will be taxed as regular income. If you have qualified dividends and max out your 401K you'll be pleasantly surprised some can be tax exempt assuming they're in a taxable account and not an IRA. As we speak I'm riding the oil wave.
I'm watching this a year after you made it. For a change, none of the things you recommended spiked immediately after your video, then nosedived shortly thereafter. Your advice is genuine, mostly accurate, not misleading, and worth taking. Thanks!
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
Well show us how to do it then!
Rejoice baby !!
I'm sorry, whats your edge?
Love your channel man. I started investing in March of this year. I’ve put in $12,000 to date. My portfolio is 100% dividend stocks and growth ETFs ~ in August I made $58 in dividends. My portfolio appreciation is $1,300 just since March. I really wish I had discovered and started investing when I was younger ~ I’m 37 now. My largest holdings are QYLD, O, ARCC, VOO, QQQ, SPHD and RYLD. I dipped into USOI but sold my position for a stupid low profit of $25 because I feel it’s a sinking fund ~ meaning all gains from the dividends are lost long term because the growth is negative.
Better late than never buddy. Just keep at it even $50 a month or even just $500 a year investment. It'd be better than nothing additional.
Good Job
make sure to diversify into crypto. best yields
rich people go to law school
I can’t thank you enough for this video. I’ve been investing for 2 years and have been able to extremely well, I want to take the money I’ve earned and use it for passive income to live off of but like you said most of the videos didn’t really show a realistic way to do so. This information will help me live off of passive income, thank you.
You are so amazing for sharing all this. Retirement just scared me so much that i usually procrastinate when it comes to actively doing something about it, your videos are such an inspiration.
Fastest point A to B is hustle real estate, being smart about it, don't just go wild, and then when you get to your retirement age you sell out most of that and put it into dividend stocks, and hand pick rental units that have good tenants, paid off, and keep those and turn them over to a property management company, and you won't have to fuss much with them and still bring in passive income. I have a coworker who is about the same age as me, mid thirties, and he has over 2 million dollars in real estate from flipping and buying rentals with the proceeds. Until very recently his full time job was about 10 dollars per hour, and I don't think his wife works. He's just frugal and saves money, and puts that money to work, plus his construction skills, generates more money. I think he has always done side work construction to pad his income, but he did it without having a super high paid job.
Actually, the best way is to invest in crypto currency. If you would have spent all of 2017-2020 DCA a minimum of $500 a month in either ADA, ETH, or BNB you will have over $850k at the peak in March of 2021. Afterwards, you can just roll the profits over into dividends stocks.
As long as you understand the crypto market you can experience returns that far exceeds real estate without having to go into any debt like you would have with real estate.
My only gripe is the money required to get into real estate
@@deadcell1 i got into crypto in 2020. I plan on holding for 5-10 yesrs
That's a big part of my plan. Entrepreneurship, then once I move out get a triplex and househack. Then I live there for free, or get paid to live there, and I could live comfortably on 2k.
@@killerjay1740 I plan on doing the same thing. Regardless if bitcoin goes to $100k by the end of 2021 or not, the next bitcoin halving takes place on January of 2024. If you DCA the top 25 coins until then you are sure to make some amazing gains in the next bullrun.
I started at 19, Now I earn 20 dollars every month in dividends, except the shares that pay quarterly. My investment is relatively small. But I have been consistent since last year and now I invest consistently.
Planning to take my total investment value of portfolio to 300000 in next 3 to 4 years.
Thanks for making this video.
That alwsome. Reinvest those dividends back into the investments with automatic rollover. and buy more shares. Companies reinvest dividends for a few pennies per share in DRIP accounts. At one time I was making around 20 thousand a year in dividends . It was almost more than I was making at my job.
For saving 100.000 per year you need a big income :D
Dividend oriented ETF's are easy to manage for a long term strategy. They can be easily combined with bonds ETF's to fit a planned risk strategy. Also, most people do not rely only on dividends when they retire. Most will slowly spend the capital along their retirement. A financial calculator is a great tool for planning at any stage.
Great content. You did forget to mention that you can sell covered calls on high dividend stock you own to bump up the return significantly.
If the call is exercised you'd need to sell the counterparty the shares though, no? Then you have to repurchase the shares all over again
Don't sell yourself short - there are definitely multi-millionaires watching this video as many of us continually look for areas to diversify and investigate new ideas we may not have yet considered. Many of us accumulated the large amounts you mention using compound interest over 30+ years of working. That still got me retired by age 57 which was considered young before the recent FIRE movement. But indeed buying dividend stocks and reinvesting the divies got me most of the way to the goals and it will work just as well today though market pricing seems a bit high for me right now.
I agree that dividend investing is the easiest way to get that income - I think you are rediscovering what has been known by many for generations and used by many a retiree today.
I've yet to dip my toes into the covered call ETFs but have been thinking about them and I'll keep a watch on these 3 you mentioned to see how they react to market drops over the coming months. This feels safer and more sure than crypto bets to me at least. Thanks for the informative video and ideas as we are never to old to learn.
Can i ask what you did as a living while investing?
So glad I found this channel, very refreshing to see someone down to earth who realizes 1mil or 3mil is just not attainable for the average person. On a side note I would love to see a video or just some advice about some PIMCO funds. They look promising but ive heard CEFs can kinda be a money trap.
Sell puts and calls on quality stocks! It’s like printing free money if you do it right! There’s risks too, but they’re easily mitigated
My uncle retired during the 2000 tech bubble with $180k and stuck it all into PIMCO (PTY, PCI, PDI) and now has $1.5M. PDI will be absorbing PCI and PKO next month. So, you may want to consider that before buying PDI. After Oct. it should be good.
The average person CAN have 1 to 3 million dollars. They simply don't prioritize. I am not smart or even hard working. And have easily invested over $1M -- but I prioritize my freedom over cars, boats, gambling, etc....
@@cknight3457 I actually use a pimco stock PSLDX and it has done very good the last 6 years
My plan has been to save 5% of my post tax income into a largely diversified portfolio since I began my working career. I have 2% crypto, ~25% growth stocks, ~10% high risk prayer stocks and the rest in high dividend options that I continually reinvest the dividends in. I’m hoping at some point to start selling off the growth stocks or risky investments (whether losses or gains) and putting larger and larger portions into my dividend stocks. I also have 10% in 401(k) and another 5% going another direction (right now just cash). I don’t ever see the need to live off more than $3k a month and I hope to have my home paid off before 35. I think a nice bit of cash to supplement 401(k) distributions or bridge the gap from say, 50 to the distribution age is my goal.
im 22 and going to be investing in dividends this year. im hoping that by the time im 40 i'll have enough money coming in from dividends that i can do whatever i want in life and be content. so glad i found this vid though cause i didn't know about those newer etf stocks and was going to dump a decent amount into altria cause of it's high yield. definitely just threw more players into my field. thank you!
I suggest u buy as many shares of jepq,jepi,svol & qqq as u can....they are all safe etfs (conglomerate of many successful companies) they pay the best monthly dividends with growth....if u want to have a bit of fun some riskier stocks are zim,pbr,sblk...thank me later 😉
It will happen for you and everyone who makes that decision to be comitted and dedicated!
Id rather have a goal that I may or may not reach, than continue to be wasteful and wonder 20 years from now. I learned this method and am applying it with crypto and stocks. Tried to get my friends on to this dividend magic, obviously we are not the same.
💯🏴☠️
@@ampulsion Good attitude. Gotta start somewhere.
Crypto isn't an investment, it's gambling.
@@TheFinalChapters You can be gambling with any financial market including stocks.. Crypto is an investment with many uses.. Making interest off crypto staking is just like dividends on stocks.
the equivalent of 4K dollars a month where I live is a lot of money, I wasn't even thinking this high. good to know I can aim for lower and still get satisfying results
I hold closed end funds that yield well over 6%. They use these kinds of options to boost yields. I don’t care about price as long as profits can continue to support the dividends as I don’t plan to sell. But then I’m old as dirt. Also you don’t need to totally rely on dividends once you hit social security.
Not quite as simple as this, but still a great illustration of why the amount of money needed to live off dividends is much less than people think.
Can you expand on the details overlooked in the video?
I actively "guh" when I heard they recommended needing 3.3 million to retire. Ya that's not happening.
I love the advice
Invest $xx from when you 20- whenever…. Hello dumb dumb obviously we have passed out 20’s!
@Teenage Investor wow that was actually a really good comment. Thank you for that
Only in the cities with a high cost of living. San Francisco, New York, Miami, or Honolulu for example. In surrounding midddle class suburbs or low cost of living states it's between $800k to $1 million.
@Teenage Investor $10 a day? there goes my avocado toast budget.
No worries. We'll all be millionaires when inflation accelerates.
The problem with covered calls is, you're giving up stock price appreciation for that yield. I'm not bashing on it. It's a valid strategy. It just seems way better than what it actually is to someone who doesn't understand the opportunity cost of the strategy. I've been there and missed out on some big gains.
No. the problem with covered calls is hanging on to a loser while you are waiting for the option to expire. Sure you made $.15 per share, but the stock is down $3.00...
@@markbaker3238 Yes, that's a possible issue as well if you're selling covered calls and ultimately want to get rid of the underlying stock position. With my comment, I had in mind one of my past experiences where I sold covered calls on a stock that I'm bullish on (as a means to reduce my average cost). The stock kept going up significantly, and I ended up needing to buy the position back. Actually, your example of the risk is more relevant with the strategy being discussed here in the video. Now that I think about it, my situation's different.
@@markbaker3238 if you don’t sell who cares?
You only lose money when you sell
It is now 13 months after this video was uploaded, and Altria Group now pays 8.19% dividends, and the price per share is $45.89. I'm thinking if we get in on the bottom of this recession & keep adding to it, we will benefit from the price rising AND the potential for the dividend yields to keep going up.
Love this. Been educating myself about passive income outside of crypto, so these kind of videos are really useful.
Your TH-cam video, specifically this really speaks to me. I appreciate that you say in this video what I have been saying about Johnson & Johnson and others that stocks for so long. I personally am not a covered call person but I can understand the appeal of them
investing in legal stocks
I am retired from the military and the postal service so I have a decent monthly income; I retired at 58 and the dream doesn't meet the reality IMHO. So don't wish your life away go to work and enjoy the company of your friends and coworkers and being young. Being young is the true pot of gold you can't get back. Some good advice on this channel just don't sweat it if you're not made of money yet.
Hard to enjoy your youth if you have to spend all your time working incredibly shitty jobs, boomer.
@@santiagovasquez5967 What do you think boomers did? Lol zoomers are so lazy and spoiled.
True. Coming from. A. 42 yr old. Black guy. Lol
@@santiagovasquez5967 come up with a plan
what he said. youth is power. i say yolo investing while still young. I’m retiring soon, not even 35 yet.
I agree that holding the dividend stocks is easier than having the rental properties. It's easier to reshuffle your portfolio and easy to sell. Even can sell right after get paid and buy again before the x-date and use that money in between. However if something can go wrong will go wrong. Having the dividend stocks is suggesting that you keep for a long period of time. And when everything seems going so smoothly in the current volatile market something always happens and one morning you wake up and see that whole your portfolio is crushed. This will happen for sure. And it takes years for those stocks to get back where they were when you bought them. Plus don't forget about taxes on all those qualified and nonqualified dividends.
The COVID lows back in March 2020 assured me a nice retirement. Was buying QYLD, RYLD, XYLD, USOI, GLDI, SLVO, with an average annual dividend well above 10%. The likelihood of them ever returning to those March prices is almost NIL. That, plus so many dips to buy, sell and forget about, while also making 7+% on the way up. KO, MO, T, BTI, and on and on.
This didn’t age too well , time to double down
Forget living off this, i just want to learn enough to be able to cover something like groceries or something. I'm just now starting to learn about this but i'm 31 years old sadly. I have a decent amount of money saved up at least, but i really need to look into this more.
Living completely from dividends would be hard to achieve for most people, but they could definitely provide a supplement in retirement. I prefer income funds that provide a monthly dividend per share. I look for a low NAV price and tight control of the NAV over the past 10 years. That way I'm purchasing more shares for my capital investment with less chance of investment value erosion. It has worked well for me during times like these when CD's provide nothing.
One oversight the Divided Bull failed to mention is usually once a decade there's an economic downturn. Either a hard or soft recession, or this quasi hard global recession with up to 20% rise in living costs globally.
That dents anyone's portfolio even for a few years earnings potential over time. So a good diversity in Bonds or Treasuries also helps to off set such societal dilemmas. In my honest opinion.
You can have this conversation with out addressing the real inflation rate, and I don’t mean CPI. If you’re making 2.5% on dividends per year and your inflation rate is 4-10%, what do you think is going to happen?
Since nobody control inflation and you are guaranteed a return with dividend and not necessarily with stock. You better off to have a large dividend allocation and diversified the rest across all asset classes. Simple and effective.
That's not going to be the long term price inflation rate. 2-3% will be the likely long term average.
@@sb_dunk nope inflation is here to stay, 6-9% is a norm now.
@@rhythmandacoustics Well, the 5y5y forward inflation rate is 2.26%, so the market thinks you're wrong.
I don't really understand B. Totty's comment about the "real inflation rate, and I don't mean CPI". What is a better inflation measurement? B. Totty's weekly shopping price index?
@@sb_dunk the last 2 years have been really high and that will become higher in the future.