How Much $ Do You Need Invested To Live Off Dividends?

[@humphrey]

Beware of scammers/spammers in the comments! 🐪 Hump Days Newsletter ➭ humpdays.substack.com ► WeBull (Get 6 Free Stocks until June 30 2022 valued up to $12600 when you deposit a minimum of 1 cent) ➭ a.webull.com/i/HumphreyYang

[@MelbourneMeMe]

You didn't mention losses... Interesting.

[@maungmaungkhaing6258]

I will come investment and financially together working Sir I have lose documents Divided Sir.

[@ronfoster6963]

9:55 thank you so much for this! I don't know how much you have to repeat this, but as a first-time viewer, it is a much appreciated note to help me know this isn't some scam guru channel.

[@RuthEvelyn-rc3bg]

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 when ever 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

[@LuvmeRos]

My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to make investments. Saving is great but investing puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to my FA, my portolio is doing really great and im proud of the decisions i made last year.

[@FrankPatrick-no8zo]

Nice. People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks..

[@alicegomez7232]

That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with please?

[@FrankPatrick-no8zo]

Amber Michelle Smith has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.

[@DennisJack-km8ho]

Thank you for sharing, I must say she appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled

[@DesireeJames-q1z]

My portfolio for the past 30 years has always been self managed and I own 3 shares of Berkshire Hathaway Class A stock (BRK:A) which I bought in at about $17,000 during the mid 90s, I'm currently liquidating some of these positions to incoporate new Gen. Stocks, but am I better off re-investing into Gold as it seems stocks are a little too unstable right now.

[@JoshuaKerr-m4u]

DCAing amongst various assets is a good strategy and can help reduce the impact of market volatility and thus a good strategy if you are looking to compound . However it is important to consider financial advisory when investing .

[@JenniferDavis7630]

To the point of emotional exhaustion, many people minimise the importance of advisors. I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for qualified consultants and came across someone with the highest qualifications. She has helped me raise my reserve from $275k to $850k, despite inflation.

[@donaldwayne7023]

Please who’s this consultant ?

[@JenniferDavis7630]

My CFA Laurelyn Gross Pohlmeier, a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

[@debbygradley25]

Thanks for sharing, I just looked her up and I would say she really has an impressive background in lnvesting. I have sent out a message.

[@philipfletch]

Dividend investing is my jam! I'm building wealth with a buy-and-hold strategy in my Roth account, featuring rockstars like Berkshire B stock, SCHD, and S&P 500 and total market ETFs. My taxable account is also getting in on the action, generating regular income through dividend-paying stocks. It's a winning combo that's helping me achieve my financial dreams!

[@RoseGuerra7862]

Your strategy is a perfect example of a solid plan! Combining dividend stocks with a buy-and-hold approach sets you up for success.it's clear you've done your research. Yet, I still think consulting with expert advisors can take your success to the next level. They can offer valuable insights, help you mitigate risks, and optimize your strategy for even greater returns.

[@martinheaway]

I agree, though some doubt financial advisors. Mine has delivered, growing my portfolio by over $1 million for the past decade through savvy diversification. Financial security is my goal, and I'm pleased with my results.

[@JaneClark7861]

Could you recommend your financial advisor? I am seeking professional guide

[@martinheaway]

Amy Desiree Irish is the advisor I use and am just putting this out here because you asked. You can Just search the name.

[@JaneClark7861]

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

[@FolarinSodiq]

Investing in a Roth IRA can be a good choice since they are funded with after-tax dollars, and your contributions can grow tax-free over time. When you withdraw money from your Roth IRA in retirement, you won’t have to pay tax on it, which will help you keep more of your hard-earned money. I retired with 2 million dollars.

[@ShellyHuerta]

If you’re new to investing or have a more complex financial situation, It can be helpful to work with a financial advisor who can provide personalized guidance and help you make informed investment decisions.

[@elegboozioma7267]

@@ShellyHuerta On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my portfolio of approximately $750k took a big hit in April due to the crash. I quickly got in touch with a financial planner who devised a defensive strategy to protect and profit from my portfolio this red season. I’ve made over $260k since then.

[@FolarinSodiq]

@@elegboozioma7267 Due to the market falls, I need advice on how to rebuild my portfolio and develop more successful tactics. Where can I find this teacher?

[@elegboozioma7267]

@@FolarinSodiq Victoria Carmen Santaella is the licensed advisor I use. Just research the name. You’ll find the necessary details to work with a correspondence to set up an appointment.

[@FolarinSodiq]

@@elegboozioma7267 I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you.

[@Raymondjohn2]

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

[@bob.weaver72]

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.

[@hermanramos7092]

You are right! I diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above 1.3m in net profit across high dividend yield stocks, ETF and bonds during this red season.

[@martingiavarini]

How can I reach out to this coach? because I'm seeking for a more effective investment approach How good is this person at portfolio diversification, particularly with regard to digital assets?

[@hermanramos7092]

My advisor is ‘’Catherine Morrison Evans’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

[@martingiavarini]

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

[@DonaldMark-ne7se]

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.

[@NoorFrohock]

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.

[@PhilomenaCopple]

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.

[@PitcockRoth-9876]

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

[@PhilomenaCopple]

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.

[@PhilomenaCopple]

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.

[@AddilynTuffin]

I have approximately £120k in tech/TSLA companies in my portfolio; can you advise me on any additional stocks that I may acquire to diversify my reserve across many markets while constructing a complete portfolio allocation that matches my risk aversion concerns and returns that meet yearly inflation?

[@sting_grayl]

Find stocks with market-beating yields and shares that at least keep pace with the market long term. For a successful long-term strategy you have to seek guidance from a financial advisor.

[@AgueroBankz]

I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up 750k within 2 years

[@AgueroBankz]

Having a good FA is essential for portf0lio diversification. My advis0r is *Sharon Louise Count* who is easily searchable and has extensive knowledge of the financial markets.

[@RickWatson-xu6gw]

Thank you for the lead.

[@kaylawood9053]

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.

[@AddilynTuffin]

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 or other professional for advice.

[@ericmendels]

Yes, I have been in touch with a CFP ever since the outbreak. With an initial starting reserve of $80k, my adviser chooses the entry and exit commands for my portfolio, which has grown to approximately $350k.

[@albacus2400BC]

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.

[@ericmendels]

I started out with an FA named *Sharon Louise Count* Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my ROI.

[@albacus2400BC]

I just googled her name 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 call.

[@PR1V1LE6ED]

Thank you for making this video. It's annoying when youtubers act like you don't need 1 mil invested in dividend stocks to live off of the dividends.

[@julianandrefredriksen5848]

It really depends how much u want to have to live off of.

[@dirtmcgirt168]

@@julianandrefredriksen5848 the cost of living in each country is pretty well documented. $40k/yr in USA if you don’t own a home already. You may be able to reduce this a little, but the majority of people, not so much.

[@luney3232]

@@dirtmcgirt168 yeah I’m a have to move to Mexico 🇲🇽

[@Fallout3131]

@@luney3232 good luck with your kidnapping 😅

[@Lettyogle]

Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve of $250k.

[@Judithmoy109]

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.

[@Donaldsmith109]

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 to make a from a financial-advisorr, you can be passively involved with the aid of a professional.

[@gracegomez109]

wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

[@Donaldsmith109]

VALERIE JEAN ZWOSTA That’s my licesed Financial advisor you can easily look her up, Thank me later!

[@gracegomez109]

Thanks, I merely looked her up on Google and was highly impressed by her credentials; I got in touch with her because I need all the help I can get. I just set up phone call.

[@Robertgriffinne]

I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused about the current market volatility, I'm a newbie and I'm open to ideas...

[@instinctively_awesome8283]

Investing in stocks is a good idea, a good trading system would puts you through many days of success.

[@Alejandracamacho357]

I agree, reason I have all my invt-decisions ran through a coach on a daily-basis, it’s been 3years and counting and I’ve grown over $2million in gains, my coach's-analysis so far has steered me off losses and troubled waters and guided me make the most off major-breakthroughs in the mrkt, and esp. in this downtrend, her safe haven asset- trading, short-selling, ETF shorting skill-set are very essential..

[@Robertgriffinne]

@@Alejandracamacho357 I've been thinking of going that route, been holding a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think you coach could aid me with portfolio-restructuring?

[@Alejandracamacho357]

@@Robertgriffinne Having a coach is key in a volatile market, My advisor is “Christine Marie Rocke” You can easily look her up, she has years of financial market experience.

[@Robertgriffinne]

@@Alejandracamacho357 I just looked up Christine Marie Rocke on the net and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals.

[@Brigh578]

I began investing at the age of 34, primarily utilizing my hard work and dedication. Now at the age of 42, I am delighted to share that my passive income exceeded $100k for the first time in a single month. This advice is truly valuable, so don't hesitate to take action. Remember, it's not about achieving wealth quickly, but rather about building wealth consistently and persistently.

[@JennyMaxwell-r1y]

This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this, are you a pro investor?

[@Brigh578]

Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $508k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choi

[@JennyMaxwell-r1y]

that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s your financial advisor or coach, do you mind hooking me up?

[@Brigh578]

The adviser I'm in touch with is *CAROLINA MELINA PHERSON* she works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else, for me she strategy works hence my result. She provides entry and exit point for the securities I focus on.

[@JennyMaxwell-r1y]

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.

[@johnben9]

Interesting , the stock market is currently experiencing a decline while bond yields are on the rise. However, there seems to be skepticism amongst investors regarding the Federal Reserve's plan to continue increasing interest rates until inflation is stabilized. As for myself, I find myself at a crossroads, uncertain whether to liquidate my $250,000 stock portfolio> I'm seeking advice on the best strategy to capitalize on this current bear market.

[@MarkGrimm8]

It's understandable that the current mass hysteria and panic are palpable. After all, we're not used to dealing with troubled markets. However, as you rightly pointed out, there are options available if you know where to look. Personally, I've been able to make a profit of over $850k in the last 10 months. It wasn't a complicated strategy that I used, I just knew that I needed a reliable and robust approach to navigate these trying times. That's why I hired a portfolio advisor.

[@emiliabucks33]

@@MarkGrimm8 Recently, I have been exploring the possibility of consulting with advisors. As a mature individual, I am in need of guidance, but I am curious to know how truly impactful their services can be?

[@MarkGrimm8]

@@emiliabucks33 They are truly top-notch in their profession; I had the pleasure of working with one and it proved to be immensely advantageous as they helped me restructure my entire portfolio. My advisor is none other than Dawn Maureen Humphrey, a renowned figure in her line of work whom you may be familiar with.

[@stevensmiddlemass2072]

As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $745K 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?

[@llamudos9809]

I would go red! Roulette

[@isaiahscott1998]

You can put a good amount into gold to protect it from inflation.

[@hasty-carnaage1518]

How does one consider themselves an enthusiast about something they seem to not know about.

[@fixedincome008]

@patriciamartin10Just start. It doesn’t have to be big, start with one ETF or favorite high quality blue chip dividend stock. And keep learning along the way. I keep a watchlist of these stocks and I enter when the market drives the price down for emotional reasons.

[@jeanlaudato]

We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.

[@shizue-w7n]

Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.

[@myrle-v4g]

You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.

[@mertie-l2f]

Could you possibly recommend a CFA you've consulted with?

[@myrle-v4g]

My CFA ’ANGELA LYNN SCHILLING’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@mertie-l2f]

Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.

[@NathanCalebs]

Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $400k portfolio is down by approximately 20 %, any recommendations to scale up my ROI before retirement will be highly appreciated

[@AlexanderTurke]

I enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over $300k.

[@RebeccaBellick]

@@AlexanderTurke Glad to have stumbled on this conversation. Please can you leave the info of your investment-advisor here? I’m in dire need for one.

[@AlexanderTurke]

@@RebeccaBellick the investment-advisor that guides me is HEATHER ANN CHRISTENSEN, she popular and has quite a following, so it shouldn't be a hassle to find her, just search her

[@RebeccaBellick]

@@AlexanderTurke 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.

[@gybx4094]

I don't live off dividends, but they are 73% as much as my Social Security. That helps tremendously. My goal is to increase my monthly dividend yield to equal my SS check. Also, very few people in the Midwest USA have the average portfolio net worth shown.

[@locker1325]

I've heard that also. It's chilling to hear how little the general public has saved for retirement.

[@lovelife7343]

Wow I hope to get to the point of 50% of my social security in dividends 73% is amazing . I still have about 8 years to go.

[@striperkid]

I'm fortunate enough to retire with a pension and a tax deferred investment account. I opened up a TD Ameritrade account several years ago as my "play" account. I've built it up and my plan is, to supplement Social Security when I start collecting it at age 62. I'd like to be able to have this play account yield me around $1200 a month in dividends.

[@drchickensalad]

Yeah they shouldn't have the average. The concept you are conveying is the percentile not the average. The median (50%ile) was given in the video, but even that is not expected, as the Midwest income is more like the 30-50%ile (with parts of the south at the bottom, and the northeast/cali at the top). Also people's experiences are not very generalizable as most people live in isolated income/wealth bubbles.

[@PeaceandQuiet4]

Time is another factor with dividend income and yields. I bought 1000 shares of BAC in 2008 during the Great Recession at $8/share. At the time, BAC stopped their dividend payouts. When they started the payouts again, it was only $0.01/share, then $0.05/share, and now $0.88/share/year for a 2.58% yield based on a price of $34.16/share. But because I bought 1000 shares at $8/share, my actual yield is $0.88/$8.00 = 11% My actual yield will increase over the years if/when BAC raises their dividend. And they will likely do so if the stock price increases. Point is, start dividend investing early by buying growth stocks that pays a dividend and let time grow your stock price and dividend yield.

[@ScottishJazzman]

Tax considerations - UK: If you are investing less than £20k per year, use an ISA account! No taxes on any gains. 👍

[@stepheniemattews1818]

Thank you 😊 for this video, do you offer account management or have any recommendations?

[@marknoble6832]

Investing in crypto is lucrative especially with the right expert

[@bobbyjames5414]

@Mark Taylor Any specific guide?

[@johnmcconnell216]

@@bobbyjames5414 I have been seeing so many recommendations about VICTORIA Q WILSON she must be really good

[@amberlouise5874]

@craigbrown7886You are absolutely right, I have been working with her for months now, so efficient and professional, always making huge profits for me

[@adamsgreen4220]

@Gibson Frost who is this Victoria Wilson

[@tuonp]

People often don't realise this but since dividend yield grows yearly and so does stock value (in optimal scenario) you don't really need to save 1.5 million dollars to get that 5% yield to get 75000 dollars per year. It helps to start investing early though. However since the dividend yield can also go backwards (and the stock value), there's no guarantee in any case this plan works.

[@ApolloStrengthGarage]

Why no mention of covered call ETFs? Or MLPs? JEPI pays 8% while still growing with reduced volatility and has still been reliable during a bear market. I wouldn't use QYLD because of the return of capital issue, but JEPI pays out a combination of ROC, qualified and unqualified dividends. I wouldn't put my entire net worth into it, but I would feel pretty confident putting a chunk in it.

[@fritzier5475]

(im kinda new to investing but im currently learning about dividend stocks) but I think Realty Income is also a good investment. About 5% yield per month and also good capital appriciation.

[@pakhong8299]

Humphrey I am a new subscriber to your channel and very happy to have come across your 2nd posting. Excellent topics covered. I have a large percentage of SCHD and other dividend ETFs in my IRA (rather than individual stocks as you mentioned in your video since my job requires stock clearance etc.), to avoid any taxes until RMD kicks in at a lower tax rate, also doing the same maximizing my 401 to the limit to take advantage of the amount one can contribute to a ROTH as well as enrolling in a HSA (triple tax) again to further add to my ROTH portfolio. In my taxable I have over 100 lots of BRK.B since it doesn’t payout any dividends or capital gains until one sells, while building on growth as a value stock and mitigating taxes at year end.

[@Freddylone]

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.

[@Freddylone]

@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,

[@Freddylone]

Hermanw jonas (a g mal comm

[@Positivitit]

I don’t make that much, but I sure do make enough. However, it will not be a bad idea to hear from a professional. I hope he replies my email.

[@Kanthorc]

When you're a beginner to dividends, it can feel intimidating to research and choose companies and other investments on your own, I felt that way too. But with Sir Herman’s help, I’m doing that effortlessly, with outstanding results.

[@Haddlly]

@@FreddyloneI’ve always wanted to put money in assets that will appreciate overtime. Thank you for the recommendation. I've seen mentions of his works too, and have you made any significant gains?

[@d-javu9840]

In Australia, the highest saving account rate is 4%+ pa now, thus with $1m in the banks, you can earn $3,333 per month before tax. Note a lot of banks only offer this high saving interest for balance up to $250k thus why the money should be spread among other banks.

[@LarryCheungCFA]

What an awesome video Humphrey - great content as always!

[@humphrey]

Glad you enjoyed it!

[@rjcake3]

One thing not mentioned about Roth IRAs is that contribution limits kick in if your MAGI exceeds $139.5K as a single filer or $219K for joint filers. This likely only applies to a smaller slice of income earners, but something that isn’t mentioned often about Roths.

[@EDDYWARDOftw]

High earners can look into a "backdoor Roth" strategy to get around the income limit

[@rjcake3]

@@EDDYWARDOftw Yes, that is true, however you will pay taxes on withdrawals during the conversion/rollover to a Roth, whether it’s done incrementally over a span of years or all at once. Also, you’ll pay the 10% penalty for an early withdrawal if you’re under 59.5 and start withdrawing. That could mean additional lost earnings vs. had you just left those funds in your traditional IRA.

[@russellesimonetta9071]

It kind of worked out for me. I,m retired and own my house. I get my Soc sec $1500 a month and about $9000 a year in dividends. Not rich but not starving! I,ve got a healthy amount of ATT and some bank stocks!

[@ihaveadreamformykids4400]

How are your bank stocks?

[@russellesimonetta9071]

@@ihaveadreamformykids4400 uhh, just stock in a small bank in a town of 200 or so. I,ve had the stock for ages. My gave me five shares for Christmas when I was like ten! I got another twenty five shares from his estate. Soo,, dividends have paid for the initial investment two times over! Besides it was a gift. Sentimental value.

[@pedroribeiro7594]

How much are u invested to get 9000 Dollars a year?

[@russellesimonetta9071]

@@pedroribeiro7594 130k.but all high dividend. my local bank stock is 25k but pays 10 percent. My other stocks pay around 5.

[@athomas9661]

Loved this! Succinct, easy to follow, and straightforward. Thank you.

[@cashflow68]

I dont include my house which is fully paid off as part as my net worth which is valued at 1.7M. It doesn't provide me with cash flow unless i decide to sell.

[@johnnymartinARTIST]

Yup- house is a LIE-ABILITY...paid off homeowners are getting CRUSHED by prop tax!

[@fudgiemcfudge]

So far I'm only getting dividends in the $10s right now and can't wait till it goes into the $100s!

[@BarbellFinancial]

This is true financial independence! Should be there in a few more years (hopefully)!

[@humphrey]

awesome man!

[@jon6309]

I think it really depends. The best time to buy dividend stocks is when there is a market downturn. I’ve seen some stocks pay 20% yields. Now there is a risk they will pause the dividend if there is a recession but if you can hold it for the long it might pay off when they start paying dividends again to historic distributions.

[@pilotgirl5953]

I have about 30% in growth/appreciation, small dividend paying stocks and about 60% in income/dividend paying stocks and ETFs., and 10% in bonds with a 4.5% interest currently. Well on my way to living off dividends, CPP, & OAS. I always reinvest my dividends. Retirement goal is $50k a year. Thx for the info and posting. I'm in Canada.

[@aydavid]

LOVED THE VIDEO!!!! (and the last 2 thumbnails🤠)

[@humphrey]

thanks bro!!

[@WilliamChan]

The one thing to add is that what's probably more important than the dividend yield at any point in time is your personal yield _on cost_, which is the yield for the average cost you bought a stock at. If your average cost doesn't change too much, that number will only go up if the company keeps raising their dividend.

[@tommychestnut5335]

Additional earnings reports from major tech companies, driven by Nvidia, coupled with trader FOMO, could fuel a resurgence in market buying pressure. I'm considering investing over $300k, but I'm uncertain about risk mitigation strategies.

[@Alejandracamacho357]

Nvidia stock is roaring like many did during the 1990s bubble. But this time around, the hype around new chips is happening in a more mature demand environment.

[@traviswes7082]

True, my portfolio took a massive hit in 2022, and I almost sold everything to switch to savings. However, I was advised to work with a Fin.Adviser. Following a well-tailored guide from this CFA, my portfolio started increasing by 10% monthly. She had anticipated the crash and rebalanced my portfolio accordingly.

[@traviswes7082]

True, my portf0lio took a massive hit in 2022, and I almost sold everything to switch to cash savings. However, I was advised to work with a Fin.Adviser. Following a well-tailored strategy from this CFA, my portfolio started increasing by 10% monthly. She had anticipated the crash and rebalanced my portfolio accordingly.

[@LivaHolst]

True, my portfolio took a massive hit in 2022, and I almost sold everything to switch to cash savings. However, I was advised to work with a Fin.Adviser. Following a well-tailored guide from this CFA, my portfolio saw a 10% monthly growth. She had anticipated the crash and rebalanced my portfolio accordingly `

[@matthewmuente1363]

I live in a very low-cost place, Milwaukee, WI. I own my house. I've got $286k in my account now. Waiting for my TSLA and PLTR to pay off. Sitting on 786 shares of AAPL. I want to sell it all off in like 5 years and put it into something like JEPI. Cost of living here is super low. I could retire, and maybe work on the weekends. And 3M is consistently losing value.

[@weinowei143]

Just remember you have to pay tax on that dividend.

[@Gimmesumchorizo]

Even if I make less than 40k?

[@LifeOfMave]

Dividend is tax free

[@brucehawkinson8901]

He does mention Roth IRA, so if you have dividends within your Roth IRA, you will not be paying taxes on those earnings

[@weinowei143]

​@@brucehawkinson8901 Yes, I don't have to pay tax yet in my trad IRA or ever in the Roth IRA like you are saying... I just reported my dividend gains on my tax return from my non-retirement brokerage account.

[@weinowei143]

@@LifeOfMave Tax free... I lol

[@spatyo]

Great video! Thanks. The podcast at Iced Coffee brought me here. I will be checking out more of your videos. I specifically like that when you mention a financial term, you actually go into explaining it right away briefly instead of simply saying that you have another video explaining the concept or not even mentioning it at all.

[@Stu1391]

I'm not sure what I'd want my Dividend payout to be per year. I've been pretty spread out, investing 20% in my 401k, 6000/yr in a Roth IRA, 500/mo in crowdfund real estate, and 1000/mo in a dividend fund I built on M1 and I save extra for big growth stocks on discount like rightn now...guess at 30, focus is #1 retirement funds, #2 growth stocks, #3 crowd fund real estate, #4 dividend stocks. Good to gradually put some in at an earlier age if anything, for some diversity.

[@cesarturcios8288]

May I ask what crowd find real estate is

[@cesarturcios8288]

And do you recommend M1 over Robinhood

[@lolzasouruhm179]

I need to look into why taxes have flat barriers and they aren’t on a gradual scale. I feel like we could easily do that now a days so if you make a bit over 40,000 you instantly get 15% taxed and make less than you did if you just made under 40,000 seems like a silly. I feel like it should begin small and scale up to 15% over 25% of the previous number. So it would slowly scale up across 40k-50k from 0-15% then 445k-556k from 15-20%. It would incentivize people to put more towards their capital gains even if it’s over 40k in returns. Idk it just seem like the bump to 15 from 0 is a lot.

[@esther.74]

My $750k portfolio is now down to $492k. "How can I profit from the current market?" I mean, I've heard of folks getting up to $350,000 in a couple weeks during this downturn, and I'd like to know how.

[@Adukwulukman859]

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.

[@ThomasHeintz]

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.

[@talented009]

@@ThomasHeintz wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

[@ThomasHeintz]

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.

[@DarleneMurphy774]

@@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.

[@taxol2]

That median asset and average asset worries me. Surely higher than that? Those numbers are small for assets

[@TeoChyeHuat]

Great video. You might be missing out on another segment which is dividend growth. The initial 4% yield might double to 8% (on cost) over time and if it did before you need the money to retire you won't need as much invested.

[@alexr568]

I find this annoying that it’s not even brought up in the video but it’s immensely important. An example is I bought Abbie vie for about 70 a share and it was yielding 6%. A few years later that initial investment is now yielding 7.5% not including the money I made in dividend reinvestment. He’s treating the initial investment yield as static, which is very wrong. Investing in a diversified dividend ETF is great. What starts out as an initial say 3.25% yield could grow in let’s say in ten years you’re now reaping 7 or 8% yield l, which is INSANE. You basically are getting a great guaranteed return without ever touching your growing principle. I would argue that dividend investing needs to be a greater share of a young persons portfolio along with growth stocks.

[@lavi688]

Not to mention buying them for your Roth IRA, while capped at 6k annually. Your reinvested dividends will allow you to surpass that 6k limit.

[@faundr]

If you are going to live off of your dividends, you can't actually sell it. The growth is nice, but if you sell to capture that gain, you ultimately lose the dividend.

[@pasalavenkatasatish7027]

well, if you consider 4 percent dividend percentage as high i better do fixed deposit on bank for morethan 5 % without the risk of market.

[@carmindaAntunes]

We are already in the big crash, Inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.

[@Wellingtonluzia3]

People believe their currency has the worth it does because they have no other option. Even in a hyper-inflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.

[@Brendavonrohr4]

Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

[@jamesdrew296]

@@Brendavonrohr4 You are right! I diversified my $500K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above 1.5m in net profit across high dividend yield stocks, ETF and bonds during this red season.

[@Stephenfanos37]

@@jamesdrew296 How can I reach out to this coach? because I'm seeking for a more effective investment approach How good is this person at portfolio diversification, particularly with regard to digital assets?

[@Antoniovieira2792]

@@jamesdrew296 please who is the expert guiding you? i have lost so much as a beginner🥺 investing into stock without a proper guidiance of an expert.

[@TedApelt]

By comparison. Vanguard's Cash Plus account currently pays 4.1% APR, and Treasury bonds pay 9% APR, but have liquidity restrictions.

[@mattblack8253]

Primis Bank is 4.77% interest on checking and savings accounts

[@PhilipMurray251]

With inflation currently at about 10%, my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy asap.

[@Alejandracamacho357]

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.

[@marianparker7502]

@@Alejandracamacho357 With the inflation, the stock isn't going to be raking in huge gains. It wouldn't be a bad time to BUY it, just don't expect big gains from it for a while. I'll buy once things start looking up in all those trouble areas..until then, too much turbulence for me.

[@Alejandracamacho357]

@@marianparker7502 I'm sure the idea of a portfolio-managers might sound controversial to a few, but a new study by investopedia found out that demand for Portflio-Managers sky-rocketed by over 41.8 percent since the pandemic and based on firsthand encounter I can say for certain their skillsets are topnotch. I've raised over $400k within 18months from an initially stagnant portfoli0 worth of 150K which was devoid of dividend stocks. These are the high-volume traderss.

[@Alejandracamacho357]

@@marianparker7502

[@martinpolach4609]

Buy long term Stocks even more now cause of low price inflation is not something u should look at in term of long term stocks like 10 or 20years.

[@mortoopz]

Your numbers certainly check out. Based on my portfolio (which was not designed around dividends) I worked out that I would need £330,000 to get me about £18,000/year (which is all I need to live comfortably and still buy some nice toys (e.g a new computer) every now n then) Just wish I had anything even resembling 1/3 million in my portfolio ;)

[@livinthedream4479]

Roth IRA you pay taxes beforehand. Traditional IRA you pay taxes after. I think it all depends on what tax bracket you expect to be in after retirement. Also the amount you need invested with dividends is more complicated because it is dependent on how many shares you own. Some company shares are more expensive that others. So I’m not sure if your formula takes that into consideration. Nice video though

[@jacanie6623]

Yeah his formula doesn't really consider those,try following Lewis James Godfrey,you'd love the way he brings up formulas,browse his name on the web and contact you won't regret

[@jacanie6623]

@Livin the Dream what do you think?

[@seanrrichards]

The only item not covered was how inflation plays into this, but that is probably another video.

[@fpetrol]

Awesome video. As a Brazilian I´m building my Dividend Portfolio with Brazilian Assets like Stocks and Fiis (Like REITS) but the DY here in Brazil are much higher.. you can get awesome assets with a 10-12% DY and 100% tax free!

[@humphrey]

wow that is crazy GOOD 🔥

[@asscass2]

Like Vale? Careful the total value doesn’t plummet at the yield goes up.

[@fpetrol]

VALE pays good dividends but the best are definetely Energy companies and Fiis (REITS) - way less volatile and yield 8-12%...

[@gordonbarfield4656]

@@humphrey and highly suspect...........I know cause Im married to a brazilian......

[@pranaliu6185]

"hurt future growth because they are paying dividends instead of reinvesting" - also if the company understands it's business well enough, it means they think the money cannot be put to better use. that's exactly why I think it's better to live off selling shares

[@xXZachrawXx]

I realize this video is 6 months old now and I'm not very likely to get a response, but if your goal is to live off dividends wouldn't you be better served having that money in a high yield savings account or CD? Those can pay dividends more often and your usually looking at a rate between 3-4 percent

[@humphrey]

yes as of right now, but in the past HYSAs were not paying that much. The other nice things of dividends is that if they're automatically reinvested into the share of the stock you own, you're getting compounding returns over time - versus with a HYSA you might just leave it in there.

[@robertsmith6408]

I am building a dividend stream to help in my retirement. So far I have JEPI at 11.91 Div, JEPQ at 20.02 Div, GLO at 20.21 Div and BSTZ at 13.72. All of these are pretty low now so after this down period they will all have capitol growth without dripping back in. I will then add SCHD, VOO for more growth and some div. Last one i will add are QQQ and VTI for slow growth and low div. I think it is a well rounded portfolio and I fund it by slowly selling off Tesla, that I was an early investor in.

[@FBI-gf2gm]

What broker do you use?

[@PoKeKidMPK1]

how much did you buy into tsla

[@payne7761]

In order to live off of dividends you first have to have enough money that you wouldn't necessarily NEED to live off of dividends. Basically you already need to be rich. If I had millions to generate 40-50k a year in dividends I doubt I'd want to even stop doing what I'm doing just to live off 40-50k a year.

[@qntainmnt]

at&t (T) is no longer a good dividend stock. they cut their dividend a few months back and their stock price has gone down considerably

[@deadly134]

Here in Canada we have a tfsa and anything inside that account for appreciation has no capital gains so growth is the best option for us canadians

[@hoxymoron]

Great advice. Where did you get those back to the future posters though?? Look rad

[@santiago40654]

I count myself successful in trading with the help of my broker who manage and handle my trading account and get me awesome profits. Her strategies are top notch coupled with the little commission she charge on her trade.

[@michafeli]

Investing in Assets is the cheat code for having a successful financial life.

[@Elisasofia258]

You're right..most time having knowledge or insight about a particular activity can as well be a pleasing exercise.

[@jimmychaffetz8186]

Wow, although mine always end up with losses, I think i still have alot to learn. please can you share.?

[@marmantole]

Question: is that average net worth by age chart at 6:45 by person or household?

[@ziurziur1ify]

Thanks for video Humphrey. Would you consider living off dividends in your retirement years so that way you dont have to continue selling stocks under the 4 percent retirement stategy?

[@Big-Beef]

Arent we missing the withdrawl of principle over time at well or do we assume she dies with the priciple investment?

[@sangarooncheamsawat4539]

I once reached a point where I can live on dividends at 30 during COVID-19 pandemic and it's not what I imagine. In my country I only need a 300k and used 4% which is 1k a month to live a prosperous life. But after 3-4 months I go back to rebuild my business. Life with no goals has no rewards, and I do not prefer living that way. But both having working goals and money in the bank is the best option.🙏

[@6.5x55]

Required Capital =((After tax expenses + inflation hedge) * (1+tax rate))/expected dividend yield

[@mlovespring7892]

75k a yr was the exact goal I am working toward. Thanks for giving that as an exaple. Question is - which dividend stocks/etf/mutual funds should we be investing in???

[@daniellefells613]

I’m focusing on ATT, GNL, MPW, IIPR and MO.

[@anotherfool9278]

1 million plus more for taxes. That will generally give you a $20-30/hrs job. I'd have to look at my notes again but basically it doesn't make you rich but you can comfortably have a $1,000/month rent place.

[@asorenson316]

$40k net is different than $40k pretax. Taxes with dividends are tax as regular income vs long term capital gains.

[@Yugiboii]

Great video Humphrey! I want to retire as early as I can so I have been putting everything extra into dividend stocks 😁

[@FinanceMind]

Dividend stocks are great for investors who are closer to retirement or in retirement. Early on though you don’t want to hamstring your portfolios growth with stocks that are unlikely to grow significantly.

[@humphrey]

Agreed! I go over that in this vid :D

[@clownanaround7996]

I don’t agree but to each there own.

[@cheryltoth309]

Why does an fixed /variable indexed annuity contract suggest allocating 100% of money to the fixed portion for the year before maturity. Which is in this case only a guaranteed 2 %. Lower capital gains taxes? I am not sure you are allowed to answer something like this. But one time you said ask me anything. So I am because I would like an answer from someone who understands these things without thought of personal gain. Thanks.

[@browndamon]

Great video, Humphrey!

[@matthewmuente1363]

Love the video, I am moving into dividends now, but I noticed you stated one can only contribute $6k to a Roth. For 2023, it is $6500 for those under 50

[@jameswood9772]

As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have about $70k 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

[@cedenmo]

15K shares Altria (MO) today -> 45-50K shares in 14 years. $3.76 dividend today-> $6.50-$7 in 14 years. That’s a range of $300-$350K with current assumptions that mirror the past 2-3 year performance. I should be able to live off just my Altria dividends by then.

[@saucyboi3180]

Thoughts on higher risk dividends? USOI has a 25% return rate. I also have some call option dividend stock with an 8-10% return. it won't last forever so I'm minimizing drip and reinvesting the dividend in a index fund

[@korgond]

There are a lot of dividend companies in the SP 500, Dow and Nasdaq. In other countries you don't have that much option. US has the biggest financial market.

[@Notourtube]

What about taxes??

[@fernandochavez6449]

Hey, you, thanks for this. This gives me a more clearer direction what it is I want to do in my settlement. Find some great reasoning on this video.

[@Ninja_Haze-805]

Im 30 years old. Just bought my 1st house. Now im trying to learn about investing. But my money is very little for now. So would investing $100 into something be pointless??

[@kitakitsinc]

Wouldn't it be ideal to aim for higher dividend portfolio that yields let's say 11 to 15% then later and slowly move them over to less riskier dividend stocks as you get older? :-)

[@steliofrasco3455]

I would like to live of 60,000 usd per year. I target stocks in the 3 to 6 percent yield . Is IBM a good dividend stock ?

[@TheSilentStryke]

great video! watching from australia so the roth stuff doesnt apply to me but i also have a good chunk of my portfolio in s&P500 index funds on the ASX, all of your videos are so easy to understand and will give any investor confidence in what they are doing

[@humphrey]

Beau, thank you so much! Thats why I make them :) Youll like the next upload after this one I think.

[@zoe..d]

Roth IRA is just americanese for Super buddy.

[@GOATED1973]

Missed watching your videos bro!

[@borisgotov9838]

Wonderful! But did you even hear that you must pay tax for the dividends?

[@-Tokay-]

Isn't the median number more important than the average number which takes into account all the young and old billionaires and multi multi millionaires which make up the tiny 1% and below? We think "average" would be the focus, but really shouldn't be. Most Americans are broke living paycheck to paycheck with little savings, and a reliance on loans, financing and credit cards to get through life paying off debt. The percentages of networth across the country by majority, taking into the considerations of any and all liabilities, is more more important I would think.

[@jamesdrew296]

*PATRICIA DRITA JOSEFINA* is the coach that guides me, She has years of financial market experience and she is also FINRA & SEC verifiable,You can look her up internet

[@jamesdrew296]

Use the above name to search for her on google and message her there..

[@mmmmmray]

Is there any limitation to rolling over other retirement accounts like traditional roth and traditional 401k to roth ira other than not being able to take out principle before 5 years?

[@rockjockchick]

Def talk to a tax attorney or financial advisor on the one.

[@penguingobrrbrr353]

I believe Real Estate is the only way. I like dividents idea but its too risky in a way. RE just require maintenance and cash flow.

[@leikiamyrini8849]

06:30 Well yeah, do you not know what median is?

[@jacobabel2131]

It really doesn't make sense to say "how much do you want to live off of" unless it's like a 5, 10 year max time frame. Retirement is potentially 30+ years and with 3% inflation that's going to decimate the standard of living for a fixed income. All your calculations should be inflation adjusted

[@kugel7719]

when you say "it is better to hold growth equity when young, and better to hold consistent dividends when you are older", do you think this implies that dividend stocks will see a crash, or at least a downturn, as the wealthier boomers age and pass on? as in, if boomers hold a disproportionate amount of overall wealth, and their money is held disproportionately in dividend stocks, will we see a huge shift where younger generations inherit those portfolios of their older parents and we see a large liquidation of dividend stocks which would disproportionately be reinvested into growth equities because that wealth would now be held by younger people who will still want the benefits of longer growth over time with more volatile growth stocks.

[@czaranthonysambas1456]

Hey whats the brand of your jacket? I love it 😊

[@humphrey]

Lululemon!

[@thesheepthemightythecrazy]

Guys, if I focus on growth ETFs till I retired. When I sell the growth ETF and switch to ETFs like SCHD n JEPI, how much tax would I need to pay?

[@Downtowndarryl]

Uh oh, you lost me when you said a Car was an investment asset, unless of course, its a 58 Corvette or facsimile. 7:00.

[@MarcelMcGowan]

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 $200k gains with months, I'm really just confused at this point.

[@adelineChulack]

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

[@SkateBox]

How much do I need invested to live off of AMC stock?

[@humphrey]

LOL hmmm... Well they dont pay a dividend so you gotta go for the moonshot ;)

[@akin242002]

QYLD and you can make $80k+ per year on $800,000 when adjusted for the expense ratio.