How to Become a MILLIONAIRE with Dividend Investing

  Рет қаралды 24,473

Mark Roussin, CPA

Mark Roussin, CPA

Күн бұрын

Пікірлер: 60
@ClarenceFerland
@ClarenceFerland 3 ай бұрын
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Brooke Grace Miller.
@marthasteward0
@marthasteward0 3 ай бұрын
I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.
@ForwardMozell
@ForwardMozell 3 ай бұрын
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
@SaadmaanShohid
@SaadmaanShohid 3 ай бұрын
I'm new at this, please how can I reach her?
@ClarenceFerland
@ClarenceFerland 3 ай бұрын
she's mostly on Instagrams, using the user name
@ClarenceFerland
@ClarenceFerland 3 ай бұрын
FXMILLER 171 💯.. that's it
@girldaddividendinvestor
@girldaddividendinvestor 3 ай бұрын
Thanks as always, Mark! 🎉 It's far too easy to get into dividend investing, and so many people don't.
@roshunepp
@roshunepp 3 ай бұрын
Now i just need that initial 100K. That's the only thing about these videos. Starting off with such a large investment
@MarkRoussinCPA
@MarkRoussinCPA 3 ай бұрын
Focus on the process. Its a no win situation for me. If I start at $1K people will say use larger numbers, if I start too high I get comments like this. Just focus on the process.
@TheGiftThatKeepsOnGivingMA
@TheGiftThatKeepsOnGivingMA 3 ай бұрын
It started with 10k not 100k
@MisterHeartMusic
@MisterHeartMusic 3 ай бұрын
You need more, because taxes will lower your amount of dividend income. But the process Mark mentioned is well explained. 👌🏽
@roshunepp
@roshunepp 3 ай бұрын
@@MarkRoussinCPA I can see that for sure. It takes too long to see results for the video if it starts too low.
@cwilson6880
@cwilson6880 2 ай бұрын
It can be done with little $. I put off buying a new(er) truck and diverted 90% of that payment towards div growth stocks. Then the same with my wife’s car payment. In 2 years we had 12k invested, not it’s almost 20k at 4.7% yield. It’s likely that our 20k will be about 100k by the time we retire, probably with about a 10-12% yield on cost. That’ll still go a long way or buy some mental security. Maybe you won’t have a million, but it’ll be more than if you didn’t. 👍🏻🤝
@darkskinamerican7826
@darkskinamerican7826 3 ай бұрын
Thanks for the video, don’t pay attention to the complainers.
@rudygoofysrh
@rudygoofysrh 3 ай бұрын
Great work sir. I appreciate it.
@scott1441
@scott1441 3 ай бұрын
A combination of large cap growth (, MSFT, AMZN) and value (ABBV, CVX) stocks is a great start to a successful portfolio. I told my son to auto invest 300.00 on a monthly basis into SCHD and the compounding effect will make him rich over time. The key is disciple over a long-time horizon.
@jamesmarshall3311
@jamesmarshall3311 3 ай бұрын
Excellent presentation Mark, and thanks for bringing attention to this often overlooked or ignored method of securing wealth via a multi decade strategy. I was able to retire back to Ireland from Boston at 55, off just one stock ( Which I still own after 50 years ), due to the compounding dividends and natural growth of the stock over a long time frame. I also own QQQ, SCHG, SCHD, VOO, JPEQ, and VGT, along with about 25 stock picks . Cheers.
@snoopys14
@snoopys14 3 ай бұрын
10% is wild from dividends and 1k a month Investment is wild to
@brandons1841
@brandons1841 3 ай бұрын
MO is ready for action
@punkbrutus
@punkbrutus Ай бұрын
FSYD in Fidelity.
@phd_angel
@phd_angel Ай бұрын
I totally agree that a portfolio needs to balance growth and dividend. Yet, I see all DIY investors chasing high dividends mesmerized by impressive projection spreadsheets, but the fact still remains that VOO beats SCHD in a portfolio backtest...
@akshaymalik8315
@akshaymalik8315 3 ай бұрын
How is Enbridge and Bank of Nova scotia for dividend stocks..
@pshao86
@pshao86 3 ай бұрын
do you use a tax deferred account to buy dividend stocks? I refrain from too much dividend investing in my normal brokerage account bc I don’t want to pay an increasing amount of taxes as my dividend income increases/compounds over time. And aren’t most tax deferred accounts for retirement? That’s my biggest question
@coreys5353
@coreys5353 3 ай бұрын
Qualified dividends are taxed as long term capital gains. Unqualified dividends like those from REITS like $O and $VICI or BDCs like $MAIN are taxed as normal income. Whichever account you choose to hold them in is up to you and your personal situation.
@TerryCollinsP31Lifestyle
@TerryCollinsP31Lifestyle 3 ай бұрын
Thanks for this video
@garybala000
@garybala000 3 ай бұрын
The problems for many people, especially young and impatient ones: they don’t got $100k to start, and they don’t wanna wait 30 years. They wanna be Rich yesterday.
@BeautifulSunshine-vl3fd
@BeautifulSunshine-vl3fd 3 ай бұрын
True I think we all want to be Rich to live the lifestyle we want
@Thom.stones
@Thom.stones 3 ай бұрын
Rocking those NVDA, PALANTIR, TSLA, and APPL shares! Holding onto them for the long haul sounds good, but hey, I'm all up fort grabbing those short-term chances too, aiming for that sweet $400,000!
@Thom.stones
@Thom.stones 3 ай бұрын
@J.linguard8 That's awesome! Googling her was a smart move. Her credentials are impressive, right? Reaching out for help is key, and scheduling that call is a solid step towards leveling up your game.
@sujansinghbhandari2689
@sujansinghbhandari2689 2 ай бұрын
These is for old people, young people need to invest in growth stocks.
@tonyherdina9142
@tonyherdina9142 3 ай бұрын
It's a lot more fun to invest in and watch monthly paying dividend stocks instead of waiting for quarterly payments.
@tonycrabtree3416
@tonycrabtree3416 3 ай бұрын
Let me guess, you’re a yieldmax buyer? 😂😂😂
@jboogie5992
@jboogie5992 3 ай бұрын
Ye but question what about taxes you get taxed for long term holds n the capital gains on those
@mark1778
@mark1778 3 ай бұрын
@@tonyherdina9142 I love monthly as well. MSTY is going to pay me $18,436 this Friday for sitting on my @$$! I HAVE DRIP turned on and I'm retiring next year🤣🤣🤣🏖🍹
@nikistefanovv
@nikistefanovv 3 ай бұрын
Why not S&P? This don't make any sense.
@turbocfn39
@turbocfn39 3 ай бұрын
Dividend yield is only 1.2% best to do both.
@dinueduardmadalin2321
@dinueduardmadalin2321 3 ай бұрын
based on what share price is increasing 10% every year??? Only SF here....
@RegularJoeKnife
@RegularJoeKnife 3 ай бұрын
what about someone with 1mil in IRA/Roth retired 61yr old. Dividends or not? Could reinvest for the next 10 years but do need to use some of the IRA to live off.
@supersteve8305
@supersteve8305 Ай бұрын
I’m 59 and about the same financial situation. I invest my age in dividend growth and the balance in growth. I never rebalance I just pay the dividends to fixed account and buy what’s short quarterly. Just my system.
@mikem4490
@mikem4490 2 ай бұрын
Schd, MO!
@sunnyisland6709
@sunnyisland6709 3 ай бұрын
Dividends are not guaranteed. I had IEP that crashed .
@ljd4335
@ljd4335 3 ай бұрын
That is why you study a company and then invest. Nothing is guaranteed in any stock
@parispierre10
@parispierre10 3 ай бұрын
What should I buy? I’m 24 my portfolio is 10k Roth
@turbocfn39
@turbocfn39 3 ай бұрын
Put in S&P 500 fund
@Kelvin-l6m
@Kelvin-l6m 2 ай бұрын
I'd advise you invest in the crypto market There's a lot of potential in the market. My friend introduced me to a financial advisor in 2021, and even though I was skeptical, I went on. I finally was making enough money monthly dividend to quit my soulless job to pursue my dream to start a lucrative business and still earn five figures in monthly dividends.
@anthonyh2884
@anthonyh2884 3 ай бұрын
10% return is not normal! 👍🏽😬
@MarkRoussinCPA
@MarkRoussinCPA 3 ай бұрын
What has the average return been for the past decade?
@Kevinbrian1
@Kevinbrian1 2 ай бұрын
Your videos have been truly impressive! As one of your regular viewers, I've been following your content closely for a while now. I'm very interested in making an investment, but I’m still having trouble identifying the right opportunity to fully commit to. I would greatly appreciate any guidance or suggestions you might have in this area.
@Joegolberg1
@Joegolberg1 Ай бұрын
As a beginner investor, having a mentor to hold you accountable is crucial. Personally, I’m guided by Gregory Leo Cattel, a well-known stock consultant. While I can't share much about him, I recommend searching his name online to find the details you need to schedule an appointment.
@Justinfred11
@Justinfred11 Ай бұрын
I just Googled his name and his website came up right away. It looks interesting so far. I sent him an email and i hope he responds soon.
@mckessa17
@mckessa17 2 ай бұрын
Throw all your money on MSTY
@bobsilver3983
@bobsilver3983 2 ай бұрын
Everyone should own some physical silver...because if UNMANIPULTED by the mega banks, silver will go to the hundreds per ounce. Plus Russia is now planning on buying silver. We have been in a silver deficit for 4 years now. Silver is the most undervalued asset in human history.
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