Living off dividends and financial freedom from dividend investing is such a huge accomplishment. Here is the math to learn how …
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Living off dividends and financial freedom from dividend investing is such a huge accomplishment. Here is the math to learn how …
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43 comments
You should just let the gains gain interest
He's stupid as f*** I get paid dividends monthly for my stock account
This year, I already started investing in dividends with my taxable account. I used the buy and hold strategy in my Roth, adding some Berkshire B stock, SCHD, and an S&P 500 and total market exchange-traded fund.
Are you accounting for compounding periods?
I focus on the one that pays monthly dividends
Oh nice so I just need to find 2.2 mil
Ive done well with canoe.eit fund, it pays an 8% dividend.
Dividend investing is totally my thing! I’m growing wealth using a buy-and-hold strategy in my Roth account with all-stars like Berkshire B shares, SCHD, and S&P 500 as well as total market ETFs. My taxable account is also in the game, generating steady income from dividend-paying stocks. It’s a powerful combo that’s helping me work toward my financial goals!
Step 1. Find 2.9 million dollars.
Your math sucks
why would I ever want to give a company 2 million dollars just for them to give me 40k a year
… Or just divide your desired yearly income by the yield %… No need to make it more complicated.
Cd better
So you just ignored the one to the right? That's diabolical.😂
Covered calls are better on growth stocks
Too much work. I'd rather just live off Interests
cool
XDTE,QDTE,RDTE,YMAX,CONY,PDI.
Your math is needlessly complicated for what you are calculating. Just divide your dividend income goal by the fund's dividend yield to calculate how much you need to invest into each fund….there is no need to involve the price of the stock/fund.
Am I the only one leaving more confused than when I came? 😅
The trap is looking at yield and thinking you need less money with a higher yielding asset. NAV erosion is real and choosing a quality asset is always better than a higher yielding one.
Yea I got 250k in my back pocket. To get rich off stocks you need money to make money.
One thing to consider is if a company is paying out big dividends it means they aren’t spending their cash wisely so the stock price won’t grow as fast as a lower dividend paying company
Just have 3 million. Thanks tips!
Dividends are kinda useless for Europeans with the taxation on them
Dividends are kinda useless for Europeans with the taxation on them
How does the taxes work for the drip method and withdrawals
Lmfao dam u need money to make money
I plan on making a million or so with crypto then buy a whole BTC and put the rest into the index. Passive income with tradfi is never a bad option with BTC as a reserve on a cold wallet.
I just need a cool 3 mil and I’m good
Very nice
Hey man. Don't do it that way. Just take the living expense and divide by the dividend yield. This gives you the value of stock you need to own. Divide this by the stock price for the necessary number of shares.
If you retire at 65 and you want your money to last at least 30 years using the 4% rule, you'll need 2.5 million to live comfortably. Not rich but comfortably.
That stock only plays 2x /yr rio tinto not one I would pick
Dividends from SCHD are generally taxed at the qualified dividend rate, often providing a tax advantage over ordinary income rates for many investors. However, current market attention is centered on Nvidia, which has significantly contributed to the S&P 500’s recent earnings growth. Nvidia’s stock, up over 90% year-to-date, gained another 2.5% on Monday in New York, propelling the Nasdaq 100 to a new record high. I’m actively seeking new opportunities to enhance performance within my $350K portfolio and open to strategic ideas.
Such a dumb goal. No meaningful difference between share price appreciation and dividends. Hence, the person you spoke of really wants to live off their investment income. However, then we must understand that the investment rate return is not the same as the sustainable rate of withdrawal from a portfolio. Then you’ve forgotten taxes. So basically the logic here is flawed on a many levels. Pretty worthless unless you’re just doing an algebra lesson.
Yeah but who got that type of money? Can you show us how to make $2.9 million?,🤔😎
I'd appreciate valid tips on companies that can boost performance on my $350K portfolio notwithstanding inflation, my goal is 20 – 40% YoY.
Any live clasd
I just learned of dividends, is this actually real?
I wouldn’t touch that 13% dividend with a 30 foot pole. That tells you that they might not expect much growth if they are using their profits to pay out high dividends instead of reinvesting into the company
Kinda like this ngl 😂
Is there any downside to investing in super high yield dividend stocks? I see there are some with over 20% dividends and that seems too good to be true. Can anyone help?