Live Off Dividends FASTER: Why You Don't Need a Massive Portfolio

If you want to be able to live off dividends, dividend growth investing is not going to get you to that goal any time soon. By changing what you invest in, you can significantly speed up the process of being able to live completely off passive income. While dividend growth investing is a good strategy, it takes decades of dividend increases to finally be able to earn enough to live off dividends. Who wants to wait that long? You don't have to. In this video I explain how you can live off passive income much faster.

[@DividendBull]

Want to know more about Ares Capital? I just did an in-depth analysis on the company and its dividend: kzbin.info/www/bejne/d4LUmYhviKx7eMk

[@dlwatib]

QYLD is even better. Yahoo Finance quotes its yield as 11.16%. And right now it's "on sale" for only $22.67 per share. You're right that you don't need $1,000,000 to retire. If your car and your house are paid off you can live quite comfortably on a relatively small monthly income. Or if you're older and collecting social security you just need to supplement your social security income from your investment income. Let's say you want a supplemental income of $1000/month. That's $12,000/year. You could invest $107,569.15 in 4,745 shares of QYLD and receive $12,004 in dividends/year or $1,000.33/month. Conveniently, QYLD pays out monthly, just in time to pay each month's bills. Don't have social security yet? Maybe you feel you need $2,000/month, that requires an investment of $215,138.30 for 9490 shares... $3,000/month requires $322,707.45 for 14,235 shares. That's still only a third of a million to support a very comfortable lifestyle. Don't have $107,569.15, $215,138.30 or $322,707.45 yet? Consider investing your savings in TQQQ until you build up the nest egg that you need, then sell TQQQ, buy QYLD and retire.

[@taccntb4345]

One word: Ethereum Staking. lol Idiots still investing in stonks... Im making 3k / mo in residual income from my crypto... I've been doing this for 3 years only. Unless you wake up to this, you'll never make it.

[@enersha]

im a new investor and heres my plan, using your chart at 6:52 you could sell at the 2007 high buy at the 2009 low, sell then buy in 2010, sell in 2011, etc. so basically im trying to collect dividend while trading very predictable oscillating high div low volatility stocks. im not sure if this has a name either. i might not trust Ares capital but ETFs that are still recovering from the 2020 crash is what im looking at (also utility companies, telecom, etc)

[@kayvonmotamed]

Ares Commercial Real Estate Corp (ACRE) has an even higher Yield at 9.4%, within that same holdings family.

[@cavaronev4869]

You could also sell out of the money, cash secured puts to buy high yield stocks. Imho not exercised puts make more money than the dividend and if a put got exercised, well - you wanted the high yield stock anyway and now you have it.

[@JessicaFloress-gc7pq]

*DONALD NATHAN SCOTT.*

[@ClementRusso2]

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.

[@VickyAlvy]

I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look her up and send her a message. You've truly motivated me. God's blessings on you

[@stephaniestella213]

Successful investing/trading is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.

[@alexyoung3126]

Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.

[@lawerencemiller9720]

Mind if I ask you recommend this particular professional you use their service? i have quite a lot of marketing problems.

[@lawerencemiller9720]

She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

[@NicholasBall130]

Warren Buffett's perspective on dividends is that they may not be beneficial if a company has better uses for its capital to promote growth. Instead of focusing on dividends, he suggests investing in companies with growth potential. However, some investors see dividends as a way to generate income. It's possible to create a portfolio that generates a dividend income of $50k-70k with a $1 million investment.

[@EleanorBaker474]

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.

[@StocksWolf752]

I’m a contractor, and my job doesn’t permit me the time to properly analyze my holdings/evaluate Dividend stocks myself, so I’ve had a fiduciary actively restructuring my portfolio for the past 7 years now to match the present market condition and that’s how I’ve been able to stay afloat, knowing when to buy and sell…maybe you should do the same.

[@StacieBMui]

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.

[@StocksWolf752]

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.

[@VictorBiggerstaff]

I searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you

[@brendahutson1173]

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.

[@jillouting1336]

As a new investor it's always great to hear from a person who has gone through all the difficult times and come ahead of it. It's unnerving to see your portfolio go from green to red but as mentioned if you have invested in quality names just have to keep adding to them and stay the course

[@haywarddisean2539]

There are lots of financial coaches who are solid in their field but for now i make use of Patricia susan Wallaitis, i love her strategies

[@georgemuller2329]

@@haywarddisean2539 impressive, that sounds good but how do I reach out to Patricia ?

[@haywarddisean2539]

@@georgemuller2329 Google her name up

[@cliffdariff74]

​@@haywarddisean2539 yeah sure, stop your scamming.

[@elizabeththe10th10]

Being able to work because you WANT to, and not because you HAVE makes all the difference! i lost my job with Qatar Airways in 2018 went into debt started investing 2019 and paid off all of it via profits off investing before pandemic. Investing is a great choice I made.

[@flyingdutchman2901]

I got laughed at when I started trading. I was burnt out, needed a change, but wasn't expecting to be laughed out of the office when I mentioned my interest in investing in the financial market. Well, a few years later and $5.3 million in savings, I'm the one laughing now. Friends want to know exactly what my strategy is 😂😭

[@cerealkiller6193]

I heard someone speaking of growing a profit of $450k from a capital of $270k in the past 3 months, I think such success requires a lot research and a fair amount of luck. 🤷‍♂️

[@markjaeyoungchoi7261]

@@flyingdutchman2901 I have made quite a stride investing on my own but not near to this amount in my portfolio, Did you invest through a stock broker?

[@ciliniabalderas9945]

@@flyingdutchman2901 I'm an amateur investor, i have 2 IRAs worth $453k, I do not like the cookie cutter responses from Fidelit, Vanguard Schwab, etc 7%-9% year on average, i would be glad if you could share how you achieved this?

[@flyingdutchman2901]

@@markjaeyoungchoi7261 Yes, I work with one. I am investing every two weeks because I am seeing improvements in my portfolio, dividends look certain. There is no short cuts trading online and Its not a good time to lose more money so a little guidance wont hurt, i copy my broker's trades on my own trading account and at the end of the month I give her a percentage as agreed upon while i have monopoly access to my account and funds. A lot of successful Investors actually do this, but won't say.

[@tysonelite9561]

This channel is awesome!! I'm sick of hearing, "start investing when your 20 years old and blah blah blah...." Most of us didn't do that and it doesn't help to hear that now.... This is great for those of us who are older and want to get started investing. I'm 37 and I don't want to wait until I'm fricken 80 to enjoy my money.... Whats the point? Leave it to my kids? Screw that, why do soo many people say that? Doesn't anyone want to live for themselves anymore? Enjoy YOUR life while you have it. Sorry for the long rant!

[@emjay1249]

No you're right. What's this self sacrifing behavior gonna do for You? It's not bad to think of yourself as well

[@gentillygirl545]

Agreed.

[@andresbard]

I recently made more purchases. Saving money for a market downturn is likewise a bad idea. There are numerous ways to look at recessions and depressions, we cannot always expect to make large returns, and taking chances is better than doing nothing. The bottom line is that you will achieve remarkable results by diversifying your portfolio and making wise decisions. My portfolio's raw earnings rose by $608k in just 5 months.

[@danieljackson87]

With Ruth Loralann Brennan’s guidance, I've been investing for a while, and I couldn't be happier. Her company offers the broadest financial guidance currently accessible, has given me the best ROI while safeguarding my capital. It never squanders my money on dangerous speculation or poor risk-management techniques.

[@andrewlogan7737]

@@danieljackson87 That is amazing! Since my portfolio has greatly deteriorated, I could really use this advisor's expertise. If you could suggest a reputable investing advisor, I would be grateful.

[@danieljackson87]

@@andrewlogan7737 Find her online, then get in touch with her. She’s well renowned for her work as a consequence of a recent Bloomberg piece. She has a homepage devoted to consultations, so you'll need to ask her about her rates.

[@pauledwin]

@@danieljackson87 I promptly did some research on Ruth’s past. She can control herself well. Her credentials are solid, and it seems like she was the subject of a careful examination. Foreign investors from countries other than the United States can also use her services.

[@thebes56]

I have been watching and following your channel for five months now. With just $2200 in I am getting $27 a month, in just five months. IMO you have the best dividend stock channel on KZbin!

[@armintheboi4935]

Finally a reasonable person that doesn't want to be rich in their eighties and just wants some passive income now.

[@ethelbertt]

Dividend investing are surely a key way to have a passive income, just make sure you don't overlook the fundamentals of company and get blinded by its dividend. It can be great if you make 5% a year but if the stock losses 20% per year you in trouble.

[@farisnajmibahari5468]

A very good point, checking out the company growth and stock prices are always key in choosing a stock to invest in.

[@camilleparker1045]

A great video which explains dividend for beginners, glad I watched this today.

[@youngwolf2526]

@@camilleparker1045 been young and money crazy forced me into watching these video and am glad I did.

[@stacyandrews5468]

I don't know much, is it advisable to invest in dividend stocks. Like your opinions.

[@ethelbertt]

@@stacyandrews5468 it's a good passive income and long term investment that grows overtime, it's a good defense against bad market and inflation.

[@simplydividends]

The key is to buy good value. If you can pick up big dividend paying companies during a dip, you'll benefit from the growth and dividends, much like Buffet

[@eligijusan9132]

Aka buy every week or day aka dollar average

[@andrejhudddak]

@@eligijusan9132 no, dip is dip

[@eligijusan9132]

@@andrejhudddak have fun waiting for a dip which can be 1-5 years no wonder you’re broke

[@andrejhudddak]

@@eligijusan9132 lol

[@eligijusan9132]

@@andrejhudddak Andrew jikh

[@Keilokhan]

Great info. I am 45 and just learning about investing. We were always told to go to work and save money. Unfortunately for us in the so called black community in the South we didn't have anyone to teach us about investing because our elders are still clueless about this subject. Only investment knowledge we had to speak of was investing in the street market which almost always ends tragically. But im thankful to be receiving this information now and I'm so grateful to the divine for giving me the intelligence to and desire to learn as much as possible. Using what I have learned and adapting this strategy also I can achieve to goals: set myself up with income for retirement as well as make my children's lives one without financial hardship. But most of all I can give them what None of my elders could give to me, the knowledge to not just get a job but to become a job

[@bernardthomas4461]

Some things are not meant to be typed smh

[@dealman3312]

Better late than never. Thanks for Your honest comment. Makes you wonder why they don’t teach this stuff in high school but I’m sure you know why 😉

[@R3Dwazhere]

You're right

[@boneheadbill9976]

It's not about race. next to nobody invests. I'm white and teaching myself.

[@Christopher-fn2dl]

I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks (with the help of my Financial Advisor of course) and made about 246k, but guess what? I put it all back and traded with her again and now I'm rounding up close to a million.

[@calebgomez8026]

Investment is that tiny line that separates the RICH from the POOR. The foolish from wise sorry to say. I can proudly say I am wise today because I can provide for my family through my investments.

[@michaelnicole6286]

I'm very confident trading with Mrs Kathy because of the steady income she makes for me. She has never faltered

[@michaelnicole6286]

I just withdraw my profit last two days before now. am glad i did invest with them still reinvested and the trade is ongoing

[@jessicaforbes5327]

Love y'all 😍and the information given always learning and growing is the only way we can hone our skills and build ourselves. Most interesting thing is that the rich gets Richer because the poor thinks that every opportunity is a scam especially investment like bitcoin, dogecoin, safemoon, gold, silver, crude oil, ethereum, litecoin, bitcoin cash, cardano, polkadot, stellar, chainlink, binance coin, (BNB) etc has been able to represents legion of adventures and entrepreneur most especially risk taking, investors and problems solver.

[@aishashehuumar3160]

Thank you for sharing her contact, I will message her right away.

[@striveknight4782]

I honestly believe the point of Living off Dividends is so you can do you dream job / passion, Which you enjoy making money on it than being miserable on a decent paying job.

[@Crypto4always]

exactly that. working in a factory or doing mails for your boss all day is just mehhhhh. being able to do what you want, whenever you want thats what in striving towards. also the reason i still live with my parents at the age of 26 instead of buying a house, i rather invest money to become financially independend someday

[@countryclubpga3309]

@@Crypto4always I have a feeling ur gonna be saying this at 36 as well ....

[@eligijusan9132]

@@countryclubpga3309 lol why

[@Crypto4always]

@@countryclubpga3309 that i would still live with my parents? dont think so.. already earn 400eur/month by passive income and its snowballing every year =) money makes more money you know.. its not enough to live on my own but that will come rather soon than later as every paycheck i get i put as much of it as i can into more passive income streams.. not to mention with every 400eur/month i get from my current incomes i reinvest that too so yea.. ill be alright in a few years =D and even if not, living with your parents is cheap and mom does the cooking for you haha wouldnt be too bad anyway

[@zonk1477]

Ha "decent paying", companies never pay enough, all the jobs in my field are done through staffing agencies and they never pay enough.

[@RobertBrown..]

There is potential for considerable wealth increase with the correct strategy. I want to know; How can one take advantage of compound interest and potentially grow your retirement savings/net-worth to about $3M over time?

[@trazzpalmer3199]

A solid strategy can be a key component of an investor’s portfolio. Well, the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals.

[@SeatonH]

I had an initial short on some companies that recently went under which presented me with a 50% profit margin on a $35k investment. This happened because of the precise intuition of a hedge fund manager I keep handy, he’s been an additional value to my life and financial prowess in general

[@Josep61]

Impressive. The timing of whatever placements you made then must’ve been near perfect. Also it would be a case of patience and a sort of asset stalking, all the same it was a very smart move

[@SeatonH]

@@Josep61 You're right, it was indeed a stalking case. I had recieved info from my funds manager Mr Ronald B. Furey their chief analyst had been on the prow for potentially vulnerable stocks and that it was time to strike

[@Josep61]

That’s just epic. Wish I was already part of a system like that

[@MBest-ty3zs]

@@SeatonH how does your partnership with mr ronald really work? sounds like something i might be interested in

[@SeatonH]

@@MBest-ty3zs Well, he provides an investment management service where he handles my trading analysis and executed trades with his superior expertise of the market giving me a much better standpoint and chance of earning colossal profit returns. This way it creates room for a more efficient and profitable trading process

[@Lawyerup904]

I’m following about 30 channels on here re dividend investing. I’m 55 and literally just starting and I’ve come to believe that yours is the best approach. Fortunately, I’ve gotten my four kids through school and have turned over the car payments to them. I’m in my prime earning years and my expenses are dropping so I’ll have lots to invest. But I don’t want to wait for 30 years I want to build a portfolio of higher yielders ( while trying to avoid the traps ) so I can slow work down to 3-4 days a week at 65-67. Going to join your patron soon! Thanks for making this channel! 😊

[@Raymondjohn2]

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. $52k dividends received in 2022.

[@bob.weaver72]

I agree! That's why it is advisable that you have to invest while you still have a regular job or earning a regular income, and do it constantly. You still need to have something that will keep you going even if you're investing. Good financial planning and money allocation is the key.

[@martingiavarini]

This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000

[@TheJackCain-84]

Mind if I ask you to recommend this particular coach you using their service?

[@martingiavarini]

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..

[@TheJackCain-84]

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.

[@crose9613]

I am currently trying to do a blend of both strategies. I believe going in hard with your income investing is a good way to go but has a ton of volatility. I really only want that to be around about 1/3 of my dividend portfolio. Then you can reinvest the dividends into safer options that will grow overtime.

[@levioftheland4370]

Me too I also have dabbled in crypto and so far im up about $1000 which for a student is a lot

[@deeptoot1453]

@@levioftheland4370 how is your crypto doing now?

[@levioftheland4370]

@@deeptoot1453 I sold a lot of it at the high. Now I just have about $400 of eth , btc and a couple others. Lucky otherwise it would be down like 50%. Mostly moved onto stacking silver now days

[@doc-t-8648]

I do both. I'm 28. I have Dividend growth stocks. Stocks like what you're talking about here as well as swing trades and crypto and a 401K and a Roth IRA

[@jassilavkainen9027]

Diversification is king.

[@user-fb8bo3ys2f]

Cool story bro.

[@ImOvervalued]

good moves brotha

[@Ash-me]

Good stuff ✊

[@beachhunting69]

Good diversification. Please remember you have the biggest asset of all on your side...TIME. Liken the dividend part of your portfolio to a snowball rolling downhill getting bigger. The momentum is staggering as time moves on. At 38 you will see a nice chunk...at 48 it's gonna make you smile and at 58 it's gonna help you with all things whether it's paying bills, spending on things you want or just getting bigger and bigger if you leave it alone.. As long as you keep investing each month and re-invest the dividends into the stock that gave you the dividend, you will be fine.

[@mavchampps]

8.84% would be very nice. Put $1,000,000 into Ares and then move to the Philippines you could live like you are on 5th Avenue.

[@Bofodezz]

Till ares capital ceo turns out to be nonce and the stock crashes and cuts their dividend next thing you know your on the streets of the Philippines selling your body

[@smittywerbenjaggermanjensen69]

High dividend rates are usually big red flags

[@omogbolahanadeyemo5887]

@@smittywerbenjaggermanjensen69 how do

[@LaserGuidedLoogie]

@@Bofodezz Sure, I suppose in the PI there could be a market for some broke down American dude, to compete with all the ladyboys.

[@Jokerboy1410]

I think you didn't think this all the way through. Like if you want to have 1000$ of Cashflow per month (before taxes) you have to invest 150k into Ares Capital. But you have to have those 150k in cash right now. This means after 10 years you will have made 120k to reinvest to bring your Ares Capital portfolio to 270k (1800$ per month). Now if you have invested 150k into J&J you start with a cashflow of only 300$. But in 10 years J&J dividends might have doubled and the stock price doubled too (happened in the last 10 years in real life). This means you might had only a cashflow of averagely 450$ but a portfolio of 300k. This means at this point you amassed only 54k of dividends but now you could sell your portfolio of 300k J&J stocks and have 350k to invest into Ares Capital. Which would give you a cashflow of 2500$ per month. This means if you become a dividend growth investor or a high yield investor (which you called income investor) should depend on your age. If you are 50 years old and want to retire TODAY then there is no way around going into high yield stocks. But if you are 25 and want to retire at 50 years old there is no hurt into buying growth stocks now and sell them once you reach your age of retirement.

[@mrstonk8869]

One of the most important aspects of starting your dividend journey is to keep consistent. If you can auto deposit into a dividend index fund or manage to invest x amount of money in your dividend stock per month, you’ll be golden. The more automated the better. Stay with the plan!!

[@paulsantori8920]

If I was in my 20's I'd disagree with you, but being that I'm getting closer to 50 and would like to have the option of retiring sooner than later I am taking advantage of these higher paying investments. I look forward to your next video! Cheers and stay safe!

[@DividendBull]

Thanks for the kind words. It's definitely not a popular strategy with younger people who want to play the markets and want to triple their money and feel smart. But this is a great way to earn passive income that's relatively safe as long as you diversify and perform due diligence. Thanks again, take care!

[@paulsantori8920]

@Edu Lopez VK I try and balance my portfolio so that I'm diversified in different sectors such as financial, utilities, oil, pipelines, telecommunications, technology, renewable energy etc. And I try and diversify with safe stocks like Fortis but then just to boost my monthly dividends I own Split Corps for example as well. It's amazing how 25% of your portfolio can account for 40% of your dividends when the yields are so high!! I'm hoping to create generational wealth for my kids as well.

[@stockholmpublishings2937]

@Edu Lopez VK bro, you can't "play safe" in the stock market. You're either taking the risk our staying out.

[@stockholmpublishings2937]

@Edu Lopez VK tell that to the ppl that bought AT&T years ago, thinking it would be a "safe and stable bet" bec of growing dividends etc. I bought the bottom of it now. Was there any safe risk in the 2020 corona fall in the market? No. Everything fell and it fell hard.

[@stockholmpublishings2937]

@@JS-oh2dp bounced back hard? lol What are you talking about? Everything is still down - hard - except DFN and other income stocks.

[@killersajmon]

One needs to be careful when looking for high dividend yields though. The risk of putting a lot of money into value traps with future dividend cuts is high. The risk of receiving dividends that over time doesn't keep up with inflation is also a lot higher. For instance: If investing in a stock with a div yield of 6% that over time keeps the exact same dividend by X currency, one would need to reinvest a third of the cash received to make sure that the dividends from that company increases with about 2% every year. Preferred stocks usually gets you into that problem. Yes it's a nice looking yield with 6%, but in the long run you can only consider 4% as cash to use for living. To sum it up: Know your sh*t before investing where yields look amazingly high. Greetings from Sweden!

[@Shanerr]

Yup totally agree, hat's off for the well said comment

[@yaykruser]

Yeah, reinvest 30% , paying another 30% in tax and you end up with a true return of 2%

[@arnonymous7211]

@ Dividend Bull Can we get a response on that?

[@Alfaomegabravo]

True, but as you are Swedish you know most Swedish companies only pay dividend once per year, like most other European stocks, unless the stock is related to property. I like to have some portion of preferred stock to build cash flow to buy other stocks with. American companies pays quarterly dividends as standard and some even monthly so the cash flow part is less of a problem. If you plan to build passive income rather focusing just on growth geting paid all dividends in a two month period wont cut it but if your goal is to save for a house then dividends don't really matter and you can just put everything in a global index fund.

[@deskejtx6211]

@@Alfaomegabravo for house, that it will take years, or decades, maybe tech fund, but of course, the risk is more

[@keatonmoore7413]

I love that you’re straight forward and logical with your videos. Learning a lot

[@stevenfair3992]

I’m glad there is a voice out there advocating for this conclusion. My DGI portfolio contains several monthly paying stocks and ETFs that I have for the explicit purpose of accelerating compounding with lesser quality holdings. Why wouldn’t I stretch my dollar to make it work harder for me? I’m a low income investor. My capital is extremely limited.

[@ceewhateyecee9701]

DGI?

[@pdar7489]

@@ceewhateyecee9701 Dividend Growth Investing

[@sensei887]

There is no shortcut in investing. You will always need time for the compounding to take effect. If you invest for income instead of growth, you will have to settle for more risk and less...growth. On your own example you have instant returns, but your dividend grows slower than inflation, with a risk of being cut, since the payout ratio is very high. You are stealing from your future self. You stop working in your 30s and will have to search for a job in your 60s because your dividends won't be enough to cover rent. By investing in JNJ with a dividend growth of (let's say) 5% you will have quadrupled your dividend in a time frame of 30 years even if you never invested anything else in JNJ after your initial investment.

[@cosmicmauve]

Absolutely right. I'm listening to this knowing I've looked at every angle, so what could work faster? Well, time is a b*tch, it unfolds at its own speed, the more you arse around with it the more risk you are taking, and I've been burned by the high yields, red flag to me. Well thought out comment.

[@roland9637]

Well...there's a 3rd way...first few years invest in high yield stocks to generate some cash flow and then focus on div growth stocks later...thats what im doing, every year decrease my portfolios dividend yield by 1%, so basically first 5 years take more risk and then after year 5 focus only on dividend growth

[@fortusvictus8297]

@@roland9637 That is not risk free. There are automated funds that do that risk-adjustment over time. I was in a Lifecycle 2030 fund designed for a payout around 2035ish in 2008...by that point only had about 25k in the fund from a few years of salary investment however in 2009 that account was worth 3k...it took 3 years to get back to even because of that aggressive positioning that early on. By contrast, now in 2020 that fund is about 50/50 on risk vs secure funds and underperformed in the surge of the past year. The irony is IF I had just picked a static the middle road fund the balance would be far higher today...BEST case scenario would have been conservative early, progressively more aggressive for the past decade, the opposite of what the fund plan is

[@Steijn01]

thank god @sensei887, finally someone who gets it

[@ArturNagy]

Thanks for this, glad others are emphasizing this fact as well!

[@toddoennis]

I can't think of a more innovative way to earn from the financial market other than having a professional guidance through and through

[@bigmike_.]

i'm curious, what exactly does he do for you, does he sell signals?

[@ardar_cruz]

No Truer words have been spoken today

[@jessicakohath]

Lance Bernthal is an absolute legend. I've traded with him in the recent past, he's always on time with payouts, he's also very skilled and attentive to details. He was able to rack up $140,000+ in my first couple of months investing through him and his team with an initial deposit of $39,000, i 100% recommend👍

[@berchtoldsveryown]

Lance Bernthal is definitely in my top 3 Financial advisor of all time!

[@bigmike_.]

@@toddoennis Interesting, Can one invest remotely, I live and work in the Finland, is it possible for Mr Bernthal to handle my investment too?

[@tavaresmccree5005]

Finally someone speaking about the huge elephant in the room a million dollar portfolio just to receive a certain amount of money each month.

[@user-3456rtu]

My p0rtfolio is plummeting significantly, I’ve lost about $320k within a few months and I'm not confident about picking st0cks anymore. Are there really no other options for me to gain from the stock market?

[@AliceHh_]

Well the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals.

[@Upscreen6542]

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.

[@user-3456rtu]

Pls who is this coach that guides you? I’m in dire need of one

[@Upscreen6542]

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.

[@user-3456rtu]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@theall996]

I’m 17... about to get a job and start the growth. Really makes a lot more sense to use your dividend money while you’re young, and not live frugally until 75 when you make 300K a year and can’t spend it. Thanks for the helpful video!

[@untitledC64]

well there's always another side to this, all this video really boiled down to was, oh pick a company that isn't actually growing but has a high dividend yield, and sure enough they had to reduce their dividend once already, what if they cut it all together, then you own a company that isnt doing anything at all, that is if they aren't going out of business, the second thing since someone like you is starting out while their young, dividends (high yield or not) aren't going to matter until you start accumulating a large amount of capital anyway and you would still have to be reinvesting them anyways, so im not saying anyone strategy is better then another, but if you pick growth stocks or companies that are constantly innovating and not just sitting there, youll be better off at least in the beginning

[@theall996]

@@untitledC64 Ah okay. Perhaps I’ll start with growth stocks and then transition into more sustainable medium yield dividend stocks over time. Thanks for the heads up!

[@TechLidBull]

You're at an incredible advantage at the age of 17. The fact that you know what a dividend stock is already is a major plus. The world is yours going fella

[@nataliehinnes5221]

Great dividend stocks out there! the trick is to diversify enough to where you actually get good dividend payments Monthly. I made my first million from repositioning my stocks using a full service broker so i invested and re-invested my profits...

[@nataliehinnes5221]

@Larrisa Hager Certainly I do but I can’t just leave info here, just google her yourself, her full name is " Nancy Jane Gluck " she's quite known so she has a website and everything so you can reach her from there..

[@GRH888]

What was your initial Margin before you started full time investing with this service?

[@skyward5748]

“A quick buck is all a pawn needs. Generational wealth is how the pawn became king”

[@theoreticalexercise]

Where this come from?

[@southerncoyote]

But not having kids is becoming more common. Many DINKs could easily escape the corporate grind, or use one income for this and one income for DGI or other investing and get to lean or full FIRE much faster. If you are only aiming to enjoy life with your partner or solo then this strategy makes decent sense.

[@I_like_turtles_67]

Agree. I lucked out that my parents were big into buying rental properties. They don't do a lot of stock investing. Just mutual funds in their 401ks. So my goal has been to build up my dividend portfolio for my children ( two daughters ) My sister and I will end up with 6 rental properties. All paid off. So that passive income with get dumped back into buying more rentals AND dividend stocks. My goal is for my children and my sisters kid to end up with a billion dollar net worth by the time they're gone. So my great grandkids can continue the cycle. :)

[@kayvonmotamed]

I currently have a 7% average yield in my portfolio (with 6% actual yield overall) with the 50 stocks i currently own, its a decent blend of dividend growth and high-yield holdings. I highly recommend using the methodology from this video!

[@slippery2k77]

Same. I like taking big risk because that results in big returns sometimes. 70% of my portfolio is in small-cap value stocks and the others in large cap stocks and etfs

[@waltzwalter]

I want to distribute $200k across profit generating dividend shares but I'm not sure which to invest into. Although dividend-paying stocks don't promise remarkable price increase, they can provide a constant income stream.

[@stevensmiddlemass2072]

Simply put, if you’re not investing in dividend stocks, you’re doing it wrong.

[@KingDavid-jj7tk]

I stopped listening and taking financial advise from these KZbinrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, In reality, all I needed was professional advice to take advantage and make profits.

[@KingDavid-jj7tk]

My consultant is Kaitlin Rose Sternberg She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for guidance. I basically follow her instructions and haven’t regretted doing so

[@krakhour2]

Exactly...I am bringing in 24k in dividends and will increase to 35 k by 2022 end then around 42 k in 2023 and then 51 in 2024 . This with my SSN in my early 60s will give me 75k to live on. I love this strategy cause with growth you might wait till 80 and still not get there,,,,,,,I have mostly covered call stocks and a few bdcs and CEFS.

[@coffee-beast-99z]

The IRS has entered the chat.

[@luckychucky3426]

It's so mind-boggling I can't wrap my head around most of the stuff that you say but I feel you're right I'm in my eighties just getting started with this stuff so much to learn he's so little time to learn it I wish I had done it earlier

[@nopeninja9765]

Maybe I’m not understanding something but what’s wrong with having both income stocks AND growth stocks. If I want to live off of dividends within 10 years instead of 30-40 I can have high yield stocks that I invest more into now to receive higher dividends and use the dividends to help me buy more shares of dividend growth stocks when they are at a good price. The entire point of having a stock for the dividends is not really for it to grow to a huge price because you don’t intend on ever really selling it. Growth stocks only bring you a profit when you sell them. Can’t I buy more income stocks now so they can build up a sizable dividend yield that helps me afford other dividend stocks that also grow better. It doesn’t have to be either or.

[@flum4us]

might aswell just day-trade. All doing both does for you is be in the middle. Imagine dividend investing is labeled on a lever that goes up and down, growth being the slowest on the bottom and income investing is on the top. Doing both just puts you in the middle, its rather one or the other as i see it I guess.

[@scurvofpcp]

@@flum4us I mean, that idea does have some merit, I use riskier investments to fuel buying my safe stuff. and the wheel to fund my risker investments, But I don't put money into a call unless i'm comfortable with it going down the toilet, and the same with my higher risk dividend stocks. But I also invest with the solid rule that I don't sell dividend stocks, ever. But once you have about 500 -1k a week income from wheelable stocks you can do pretty decent for self funding your fd lotto addiction. I have 500 shares of workhorse and I'll wheel 2-3 of them (big movements happen, and no one likes to watch it all poof away) And just build up a few positions like that and you will do pretty alright. High risk stuff in moderation can generate years of progress in weeks, but that is the thing to toss spare change into, not the bulk of the investment.

[@tclewt1299]

@@scurvofpcp Brazil's largest (non-institutional) investor essentially does exactly what you're saying. Granted he is currently 82 and started investing in a wildly different stock market, but his technique is still viable in the current markets. If I'm not mistaken, he has around 15 high yielding stocks in his portfolio which he never sells and consistently reinvests into, altough he has been known to sometimes use his dividends to buy into riskier positions looking for short term profits, before using the money he earned to buy more of the 15 high yielders. His current net worth is ballpark 400,000,000 USD having started in relative poverty. Consistency is key.

[@scurvofpcp]

@@tclewt1299 Pretty much. I look at this as a resource building game and the first rule of that is I need to make sure I am ready to do a thing no matter what the market does. In high drama times I keep half of my portfolio in cash and the rest in dividend stocks, but other times only 1/4th of it in cash. But if it is 180 days awy from an election it is officially a high drama time. High risk dividend stocks and growth dividend stocks I keep to having the same equity in (give or take) For my wheelable stocks I try to buy them in units of 500 and will wheel 2-3 of them at a time and most of the profit of the wheels goes to fund my option plays. I buy leaps for like 3 years out and the moment I buy them is the moment I set the sell price. It is not about max profits it is about keeping the engine going. Option plays I always expect to take a flush down the crapper, crap happens with the market, but when that crap does happen it is a really good time to buy in, take your time doing the buy in, spread it out over a few weeks *nods* And sorry for explaining this again but hopefully whatever idiot that happens by that is looking for a quick blueprint can pirate this and adjust it to their needs. I am a huge advocate that everyone should play the market.

[@picklerick9805]

I just finished the book rich dad poor dad and realized i make a lot of money but in doing so i break my body i can not keep it up for ever i work on a drilling rig on land it's 104 to 116 hours a week for 2 weeks straight i need to show my kids and myself brains are always better. Also my father always pushed this logical idea in my head but i thought i would prove my worth and now i realize i have 0 assets I'm glad I found you as my business failed during the coronavirus

[@UAF_ViVi]

Very insightful video. I am always fighting between buying safe growth dividends stocks like JNJ vs the higher yield riskier ones. But after seeing this video, i also dont want to be waiting 20+ years as well to be able to live off passive income. It's quite the dilemma I'm in... probably will just do a mixture as it's best of both worlds.

[@IsThatPapp]

I love that there are people who still focus on income! I love growth stocks but I think starting young with some high yield dividend funds/stocks can really help compound wealth fast.

[@natesandoval6917]

$MO is probably one of the safer dividend stocks with a decent yield

[@stockholmpublishings2937]

tobacco industry is a safe future bet? lol

[@mariannagreenlee]

@@stockholmpublishings2937 Altria is more than just cigarettes and cigarettes will still be a billion dollar industry for years to come.

[@deadnthehead4557]

This is a great idea, and like he says it isn't for everyone, and each individual is going to feel differently about their risk/reward. Personally, I have been paying off debts, and working a long career in aviation and I'm at a point where I can save and have spare money. I'm willing to take a risk with this money because I'm comfortable with losing it. Never invest money you can't live without. If you live by that idea, you will find a lot more freedom, and willingness to take riskier investments. As long as you have a roof over your head, food on the table, electricity, and water. You're never truly broke!

[@officialdjdetox]

Bruh...this video was FLAWLESS and SIMPLE! 👍🏼

[@Ferdinand208]

So what did you take away from the video? The essence is: don't put your profits into growing your wealth but spend it now because Yolo. It is a choice. More spending now or a lot more spending later. The longer you wait spending the more you get to spend in the future.

[@officialdjdetox]

@@Ferdinand208 Exactly! The portfolio is a reflection of your goals, and mine is to ball out early, and use Crypto for my long term goals.

[@bonjoursoleil3587]

Thank you. I agree if you are 50+ you just don’t have time to wait for dividend growth and it is far better to have that passive income to enjoy now.

[@margarettasanjay2718]

I can’t agree more with the topic here, Applauding my choice and decision to go into Stocks and ETFs. fairly 9months into investing so I’m new but started with $10000 initially growing and investing making close to $200k + in the market so far... the market can be maximized to be lucrative and thanks to Sir Eddy Bruke, An outstanding financial analyst I work hand in hand with.

[@Thyago2420]

Cool, with doing that consistently I should be able to retire early

[@americandreamer828]

Hi How can I get more information on this? Is there a specific requirement. Thanks

[@margarettasanjay2718]

@@americandreamer828 The inception of earning in the market is understanding it neither is a game of fate or gamble. Expertism and professionalism is a major key, appealing to work with an expert round the clock for investment.

[@margarettasanjay2718]

E D D Y B R U K E • I N F O

[@peskovomsk6850]

Nice, new to Stocks and online investment generally. Maybe this is something I can try

[@ben10mama]

In my humble opinion, this strategy is best when you have higher amounts of money. I personally aim for dividend growth and higher growth companies to get better leverage and at a later time, I'll be applying an income strategy.

[@flexanesthesia7869]

100%...I've recently changed my investment strategy for my brokerage to higher income as opposed to growth. While my SEP is dedicated to primarily growth mutual funds/etfs. I want to retire in the next 10 years. Hope you make more of this content!

[@DividendBull]

I'm doing something similar, I have index funds in my Roth IRA and high dividend funds in my nonretirement. Higher income stocks are just so much more appealing to me, love seeing those dividends deposited every month. Making more of this content is my game plan! Thanks so much, all the best!

[@MarkNealJr]

Interesting video! I think of it like this.. You should aim to be a millionaire at two points in your life. In retirement (a more traditional retirement), and as soon as possible. One will take a lot of time and the other will take a lot of money. I am working on being a millionaire in retirement first since it is cheaper thanks to compound interest, and I will also work on being a millionaire as soon as possible by making more money.

[@fortusvictus8297]

Well, careful with the terms. By all indications a young-middle age person seeking to be a 'millionaire' when they retire is probably not going to be in great shape. IF the past 50 years are any indication, we should expect more than a doubling in avg wages and income. (and more than tripling of the min wage). IF someone has just over a million dollars and they retire today they are going to do fine...IF they retire in a couple of decades with the same target amount they are going to be hurting.

[@soundstudio1010]

7:57 I lol'd when I heard that life is short. Your right !👍😆😆😆

[@benwilliams3539]

so in otherwords.......to get more dividends buy stocks which pay more dividends. K thanks

[@QUINTUSMAXIMUS]

Yes, that and also keep adding to your various positions to benefit from compounding. I'm not a fan of major investments in JNJ and others that pay less than 3% generally.

[@jessehines4044]

Yeah I know what a fucking genius right?

[@SpeakerBuilder]

There is a reasonable strategy for dealing with the tax issues involved in dividend investing. First, set up a ROTH account where dividends and growth are not taxed at all. Then invest small amounts into some of the REIT's and BDC's you are interested in. When the dividends are paid, you will then discover whether they are qualified or ordinary dividends, since some pay one type and some pay the other type. Once you discover which stocks are paying qualified dividends, then you can set up a traditional (meaning non-retirement) account and begin buying the qualified dividend paying stocks inside this account where you will be required to pay taxes each year on your dividends but at a tax rate of either 0 for very low income earners or 15% for ordinary income earners.

[@shamzjones]

My thoughts exactly plus when the dividend amounts get high enough instead of spending it aimlessly you can buy those value stocks. Imagine SPHD buying you Apple shares

[@elijahkenney5610]

That’s my plan, buying sphd, jepi, and schd, once they start giving me 30$+ a month I plan on using that to buy growth stocks

[@realitybytez]

take it from someone who used to invest in sphd - don't. they claim they are low volatility - they are not. they claim you'll get 75% of the upside and only 25% of the downside of the s&p, but when the covid crash hit, sphd dropped way more than schd, which is a much better investment imho.

[@carlmcgee3602]

Shlx pays a much greater dividend.

[@shamzjones]

@@carlmcgee3602 I moved into RYLD

[@carlmcgee3602]

@@shamzjones looks promising, I’ll have some tomorrow. Thanks.

[@awediomusic2137]

The best part is, if the stock price goes down it just means you can buy more of it. Even if the dividend is reduced, you will be covered or in extreme cases you can divest and take your capital elsewhere. I don't really understand why people are so obsessed with growth -- if you're looking for dividend income, look for dividend income. Other parts of your portfolio can be dedicated towards appreciation.

[@TheOfficialTroll17]

I’m a huge dividend investor and I used to go for the yield and it’s not smart. There is a reason they pay high in order to attract you to it but if the company is sinking they can cut their dividend. My favorite stock was AGNC and they paid out monthly and had a high yield. But they were losing value constantly and showed constant dividend cuts. Try both and see but don’t throw away the smart and easy way. Day trading with the “income strategy money” would be better and putting the profit towards the dividend investing. If it was easy everyone would do it.

[@hotsmalltown7533]

High yield can hide issues. Companies have two ways of giving back to investors, increasing the share price and dividends. To increase value you can reinvest that income and grow the company, but then pay no dividend.. Or the opposite, pay very high dividends and very little invested back. Ideally it is a balance of the two.

[@TheOfficialTroll17]

@@hotsmalltown7533 Yes im aware but the strategy he was discussing is not smart. You lose more money that way as the company is likely to tank with it and they will either not pay the dividend or cut it constantly. Dividend aristocrats are better for the consistent growth and payout.

[@hotsmalltown7533]

@@TheOfficialTroll17 Oh, I agree totally with aristocrats. For sure. No question. I am pretty conservative as I want to preserve and grow (dividends), but protect the down side. I am not chasing capital growth. I am going into my 3 decade of investing. So, getting a bit more protective. And I have my trust to worry about and makes sure it grows a bit with a steady dividends. So by the time I need it, it will be worth far more. ;)

[@Vividlol]

AGNC doing me decent. It’s about 8% of my portfolio and it’s yielding me $19 a month.

[@mr.dillon2675]

Smart Money! It takes patience too. That’s why you have different streams of income, and utilize all resourceful measures.

[@nickbartolini8866]

I love AGNC because it’s a monthly dividend stock too

[@mr.dillon2675]

@@nickbartolini8866 yes 🙌🏾 also, look at Prospect Capital another Affordable monthly paying dividend stock that does very well!

[@pigbenis2812]

$19 unqualified dividend. Fun until you pay 24% tax instead of 15%

[@user-lc7zt8sk6i]

@@pigbenis2812 What does that mean?

[@ciaran.vallely]

You have to stop cutting to black so much. I thought my phone was going to sleep. Find more images to fill those gaps

[@michaelobitts2919]

👍🏼

[@andrewg3559]

Nice thesis. It would be nice if in a future video you could model a $50k portfolio with this strategy and show what it will produce 5 or 10 years down the road.

[@EngineerInMotion]

i think by far the best strategy is to invest in growth stocks (AAPL, FB, GOOGL, MSFT, etc) earlier in your life (lets say 20-40 years old) and then covert some portion or all of it to high dividend paying stocks when ur ready to live of dividends. He mentioned Ares Capital but tht stock has severely under performed the overall market and its even worse when compared to the big market cap tech stocks. Just my opinion.

[@kyledowney1268]

Great video, but don't get wrecked trying to manage your funds by yourself when you're no fund manager. You're lucky now doesn't mean it won't happen. Every one is a genius in a Bull Market, the impending crash is going to teach the kid some tough tough lesson!

[@pamburchell7390]

This is crazy! Been at the back of my hand but never seemed to make a good head start with one. I've really been tough some very tough lessons

[@thecryptobubble5246]

A lot of fund managers are a waste of space

[@trendvest8567]

@@thecryptobubble5246 why do you say so?

[@pamburchell7390]

@@trendvest8567 Many of them would never pass the benchmark. They most likely end up wasting your time

[@kyledowney1268]

@@pamburchell7390 The idea of a fund manager is ultimately a good one if you're looking to be consistent on your earnings. Also, they mitigate risks, conduct analysis and provide strategies that balances risk and returns. If you are not happy with your current manager, that might be for some personal reasons, but that's not to say there are no good fund managers out there, you most likely haven't found one. I am a retired portfolio manager, currently managing my own funds.

[@kay203]

Love this idea! I would split 5:5 or 6:4 into high yield vs DGI... I want to enjoy my youth but also don't want to worry about not having enough when I'm old... I think splitting would be a good mix

[@Credibility44]

I like the idea, but those stocks like that you mentioned are risker.

[@goldenbananas1389]

ideally you would some combination of both. you buy high yield dividend income stocks for shorter term and dividend growth stocks for longer term and the income stocks can help kickstart the snowball effect on dividend growth stocks faster.

[@Credibility44]

@@goldenbananas1389 Great point!

[@GunterD1337]

@@goldenbananas1389 that is exactly what i am doing and i highly recommend it. I have 50% high dividend, low growth stocks and 50% classic DG stocks. I do not hold any stock anymore that does not pay dividends. I hold a couple of CEF to profit from tech but still get dividends. Not advice, just what I am doing personally. This way I sacrifice some Income right now but sleep well at night because I know my income will most definitely keep growing as well.

[@BigBrownWolf_]

Love this channel! Straight to the point and so in depth with explaining both sides of every strategy. I plan on starting a finance channel of my own, and I will be subbed to you for a very long time! Cheers!

[@Nemo-yn1sp]

Very good! Exactly my approach. I AM at retirement age and I don't have the cash to invest long term for a paltry few cents, I need the money soon, so I have a few investments that are all about the steady dividend and capital protection. I just started last year, which was a great time to load up on excellent dividend payers for cheap (ABBV, IBM, IRM, T, PRU, HRZN, RC, etc) Good job.

[@newenglandnomad9405]

This video is the best. Honest, to the point, simple to understand. Perfection.

[@danieldpa8484]

I really like your approach for the simple reason I have the same thoughts on passive income. I have each 2000 shares on QYLD & RYLD while the goal is to have 5000 shares each before moving on to a new opportunity. Ideal portfolio would be 100k per high yield etf/reit or others creating a snowball effect. Currently pumping between 30-50% of monthly income into investments adding to reinvested dividends. I hope to one day be able to say “no” to work I don’t want to do and choose a different way to spend my time. Thanks for your content, I really like it!

[@sandrakira3806]

As a beginner investing started trading with hanna gomez with just a thousand bucks. my portfolio is worth much more than now within just weeks of trading with her

[@sandrakira3806]

You can communicate her through teIegram using her username

[@sandrakira3806]

@Investwithhanna she is very reliable

[@alecjo2307]

I disagree. Case in point; last year i invested in a few stocks, I'll focus in two particular stocks. One was At&, I bought 100 shares at around $29 a share, great dividend yield at 52 cents a share, thats $208 in dividend income, the stock? When down to around $28 per share. The other is upwork, I bought 139 shares at $14.60, no dividend payments since it's a grow stock, today the price per share is $55.65, for a total gain of $5,705. For me it's better to invest in grow stocks, get to a million, then start buying dividend stocks.

[@julianf9745]

Great investment with upwork! But you can't generalize this. Growth companies can have issues too, there is no guarantee for future growth whatsoever. Further, AT&T will very likely keep paying a high dividend and might - if they manage to reduce their debt - see an increase in price as well. That being said, long term growth beats yield in the long run, but if you want/need short term returns high yield is the better option.

[@haida92]

Or, you can buy 10 pennystocks 500$ each and start praying.

[@toy8045]

this is the way

[@galeriafuentes]

So gambling!

[@dankillian160]

This but with options too

[@user-gz4ve8mw9l]

@@galeriafuentes Every form of investment is a form of gambling. As is nigh all in the wretched accursed game of life.

[@jyavgn4154]

Thank god I found you! So many people talk shit about this approach, but I'm well aware of the drawbacks. But the benefit is I have more control of my money, my money isn't sitting in a companies share price, I get it back and get to use it how I like. I also get the opportunity to reinvest to get a bunch more. I hope to one day have enough in dividends to cover expenses and just work to have fun with my money. I want to enjoy life now. I wish people would stop acting like this approach is for old people and if you're young invest in growth. I hope this method becomes more accepted in the investing community.

[@Doso777]

Why not both? Get dividend growth stocks AND dividend income stocks. There are also "in between" stocks that offer ~5% yield and have some growth, like REITs in 2020.

[@PAIP_Studio]

Dude... You got it all wrong... Find a nice vacation country you like and see that it takes to live there... Take Greece for example... You need an annual income of 10k to live like Greeks do there. Cars are cheap and car insurance is $200 a year. So you need $250k invested to live in Greece our of your 4% dividend return for ever. That is more manageable now isn't it... In some places in Latin America your average native citizen makes $5k a year. So you need $125k invested to live there work free. That means you can work to build up your portfolio and when you reach a new level you can just give your self a 2 or 3 year vacation living full time in an exotic country. That is an option people keep forgetting.

[@lsrasr158]

I agree with this strategy and one that I have followed. As a Canadian, there are excellent Canadian investments that give the 5% yield and growth. A covered call strategy plays into this. Bank of Montreal, the 4 largest Canadian bank has a number of them: ZWA on the dow index, ZWB on canadian banks, etc. Check them out.

[@OnmywaytoFI]

Great info on explaining the differences. We are 40 and plan on using this strategy at 50.

[@ElGreco609]

The problem is the easy picks in the market, sure bet on JNJ, need to find the smaller income. You hit the nail on the head. I did this with agnc instead of O .. big difference better payout.

[@marcr2204]

i like this strategy and that is why i don't invest in 401k but as long as they don't cut the dividends I like this strategy. So I changed my portfolio to High Growth stock, Dividends + growth stocks and High monthly yielding dividends with or without growth. 30/30/40 ratio

[@benzo430]

I just need enough to supplement my income.

[@asphaltandtacos]

I am starting to invest in BDCs although they involve additional risk. I am going to reduce my stock positions to just 4 stocks. BDC: MAIN GAIN Stocks: CAT PG XOM V ETF: JEPI REIT: O No fixed income products I don’t own any MLP positions in my portfolio as the taxes are a bit more complicated.

[@sandybeach3576]

For most of us, dividend income is one part of a diversified income stream.

[@Dave-yw2wc]

My dividends are my only passive income about 4,000 a year currently but my E Quadrant income is about 100k a year. Funneling about 80% of my income into dividend growth/yield stocks.

[@Javier_Jimenez71]

Great video. Something to consider. I have 20 years before I plan to retire. ✌️

[@Doublepulse]

I'm gonna be straight up and say I want to live to enjoy life NOW, I don't want to wait until I am 60+ to enjoy the spoils of good finance. Ever notice how contrary it is when people tell you to live in the moment, but also say you need to prepare for the future? There isn't just one strategy and you don't need to just focus on one. I usually have at least 1 short term, mid term, and long term strategy that operate independently from each other and don't really mix or mingle too much with the other.

[@Kibatsume1]

Abr is currently one of my favorite stocks I hold in both my accounts

[@coryanderson5210]

Me too! Of all the buys I’ve made in the last year, and was one of my best! And they just recently reported a raise in their dividends another $0.01 per quarter

[@EricDaMAJ]

I've never seen a convincing argument why dividend stocks are better than buying value stocks. Or visa versa for that matter. I've run the numbers a couple of times and you need almost as many dividend stocks as you would value stocks to earn what you'd get in value stocks and using the 4% rule. *Admittedly, I'm not a stock professional so I'm probably missing something somewhere.*

[@Isaiah41.13]

Love the video. Love the different strategies that others have outlined here. My plan is to also retired young. I've come to the conclusion that the richest man is not the one that has the most amount of money, but the one who needs it the least. If you can lower your monthly expenses as much as possible (and I'm not talking about living with nothing at all), but realistically lower them (cut the fluff) and have a mixed portfolio of growth to offset the stocks that will yield income and trade sideways, I think you'll be alright. My end goal is to reach roughly 100 to 200K and I believe that will be more than enough for what I'm trying to accomplish. $1 million is not needed to live off the money you have.

[@darkhumphrey]

This. This is reason why I'm piling more onto higher yield companies that are also safe. VZ is one I'll be really building heavily on, then maybe PFE or Abbv. I think key is finding big companies that pay around or above 4% but also one that you know is too big to "likely" fail

[@danielwilliams6408]

Definitely helpful I've been looking at dividend growth for awhile didn't full realize there's a small difference between income dividend stocks and dividend growth stocks

[@Jesmer]

Carefull tho: these higher yielding stocks are typically way more risky

[@burstingwizard975]

Hey man, thanks for suggesting ARES. I have a couple other picks like that. LUMN, PBFX and XOM are all great choices which look like they'll grow well over time. EURN is a favorite of mine too, their dividend is typically between 10-20%. If anyone has other suggestions then please let me know, I'd love to grab a few more stocks/funds with a high, stable dividend

[@SpotlightGraphics]

Yes this is what ill be doing. Stocking up on $T and other high dividend stocks to start the snowball faster

[@Slynell1]

me too brother

[@goldenbananas1389]

look into QYLD etf. it is interesting the downside being there is not much potential for growth but the dividend itself seems fairly consistent.

[@SpotlightGraphics]

@@goldenbananas1389 okay will do!

[@lindsayjohnston7465]

I've been income investing along with growth investing most Dividend growth stocks were over priced before 2022 Utilities pay high dividends without tax issues

[@crystalaquino3051]

Thank you for delving into this mindset! I am ok with losing some capital gain if it means I can live off dividends sooner.

[@rubygreen1249]

Id say take the increase of income you get from this method, and avoid inflation ary life style and then after a certain period what you happy making take the dividends and reinvest them to aristocratic companies for maybe 2 years to have a mix of both and I think with how quickly this can increase your income you could end up putting larger sums of money into the aristocratic companies to basically secure your income at a much faster rate. My thoughts at least. Or split the income in half and as you get older you should be reinvesting the other half back into more stable companies. This way you can essentially go from investing $100 to maybe $1000 a month or more. Which from the way I see it if you able to invest $1000 your leaps and bounds and the impact you have on buying the aristocratic companies is going to be much higher. You'll then be able to buy maybe 4 or 5 shares at a time rather than 1 per month haha. Essentially a growing income snowball as I like to think about it.

[@veganvixen8690]

Omg. Im glad to see I'm not the only who figured this out. But my process is slightly different. I'm starting off with these type of dividend stocks and etfs. I've set them on drip. Now at a point where I rake in 1 new stock every month. I will continue to add until I get a good couple of free shares per month. At which point I'll wait until I have a couple of shares that I can sell without affecting baseline and start investing in these larger dividend kings.

[@wernerschonenberger3038]

ARCC is great! Other good "income machines" that are: JEPI, KBWD, GEO (not for the faint hearted but huge payout at the moment and a lot of upside for capital appreciation if Biden's NO PRIVATE PRISONS campaign doesn't work), DHT, BPMP, PHXP, YYY, UTG, UTF. If you're also looking for capiral appreciation BST and BMT might be good choices.

[@DividendBull]

I'm familiar with a few of those, I love JEPI's covered calls and puts strategy. I'll have to look at those other ones. Thanks for watching, best of luck!

[@DevD750]

So your saying arcc is a go for income growth dividends?

[@wernerschonenberger3038]

@@DevD750 It's interesting to see that Scion Capital (Michael Burry, "the big short", the guy that saw the subprime mortgage crisis coming) added ARCC, CWX and GEO to its portfolio. In my opinion, Michael Burry is one of the best (value) stock pickers and when he buys a stock with a high payout yield I'm "exspecting" PAYOUT and CAPITAL APPRECIATION ... the best of both worlds

[@dealman3312]

Thanks for this video! I was lucky enough to learn from a family member who was a bank ceo about dca. Then I read kiyosakis book over 20 years ago and setup monthly automatic purchase of companies that are almost monopolies and government protected. Insurance, gas, energy, banks, and setup DRIP. I only wish I invested more every month. The real estate market has been the real wealth maker.

[@GCKteamKrispy]

T in my opinion is the best now. With their HBO max, Time Warner, 5G and so on fields is really good stock by it's price Edit: of course, they have HUGE debt, so my position on T is not massive

[@thelaundryman9287]

Same here, T is my largest position.

[@brandonanderson4395]

Are y’all concerned about them losing direct tv?

[@GCKteamKrispy]

@@brandonanderson4395 No. As I said, they have HBO max, Time Warner and telecommunication

[@valdezyoutube9213]

@@brandonanderson4395 direct tv is dead and their focused more on hbo way better

[@thelaundryman9287]

@@brandonanderson4395 they haven't lost it. They just sold a memory stake to TPG. And HBO and Time Warner are their primary focus Directv is more tertiary at this point.

[@unknowninfinium4353]

Skip this video guys. It's not what the title says. Save your precious time. Its him just talking about risky stocks.

[@scottnorris2411]

$5000 into QYLD at $22.50 gets you 222 shares with a .22 dividend per month per share.

[@sandrakira3806]

I also just started trading with mrs hanna gomez, She is the best at what she does with an initial investment of $1400 i made up to $5230 in just a week of trading with her, her strategies are mind blowing

[@sandrakira3806]

You can communicate her through teIegram using her username

[@sandrakira3806]

@Investwithhanna she is very reliable

[@philippdase3626]

It may be nice to Split the dividends between reinvesting into Ares and half into a growth stock so that you build up both your passive income and your future portfolio. Also a slower and chiller method of investing like this lends itself to being something you have alongside a job.

[@torogo]

Dividend stocks are great, but why does no one mention writing covered calls against your shares to compound growth even further and produce even more cashflow?

[@ROFEL]

Keep it a secret or else there won’t be enough buyers for all the call supply

[@DevD750]

Ok im lost. Explain to me how to do the covered calls against my shares??? Please explain

[@torogo]

@@DevD750 If the stock you own has options and you own atleast 100 shares of that stock it gives you the ability to sell call options and collect a premium. Since most options expire worthless it's a good way to make passive income while you wait. Just be careful about having your shares covered when the ex dividend date is approaching.

[@fasteddy-fd3kr]

Finally someone been sensible about the age factor... thank you sir!!!