Dave, thanks for the opportunity to discuss income investing. I'm a big fan of your channel, and it was a great experience to chat with you!
@wealthadventures2 ай бұрын
Thanks for coming on! Appreciate the insights. Someday maybe I will try this retirement thing out... 🤔
@dberry2562 ай бұрын
It was great to watch you two! It is very encouraging seeing others succeed doing what I am working toward!! Thanks!
@rashidalromaithi9642 ай бұрын
Thank you very much for the details. I'm happy to see you here. I will gladly join your channel to educate myself more.
@JustAnotherPersonHere2 ай бұрын
My two favorite content creators in one video! Awesome 🎉
@dandans90602 ай бұрын
Great interview, I subscribe to both , if I add these sort of funds say Jepq and put it into a Roth , will I have to pay taxes when I pull because they are non qualified distributions even though it’s a Roth or does Roth tax free no matter
@Couchlnvestor26 күн бұрын
I own SCHD. I also own individual stocks that I collect dividends and sell covered calls on.
@MHousley26 күн бұрын
Keep it going! I am at 2.25 mil. Biggest positions VOO, VTI, SCHD, VYM, and now looking to build up DRGO. I got $48,800 divs last year in taxable divs. Q2 taxable divs this year was $17,388 this year. I still have 5 years or so until retirement and I sleep well at night.
@JoeCoIIar26 күн бұрын
SCHD has one year return about 3.5%, plus the 3.5 yield. Very underwhelming. Let me help you. JEPQ, JEPI, SVOL. You're welcome.
@MHousley26 күн бұрын
I like my money, like diabetes slow and steady! I am already retired and lucky for me, my F.A believes in investing for income. So I do have a check coming every month, my draw on my dividends.
@barbborstein764026 күн бұрын
Hi, I am trying to get an advisor for guidance but it's harder than you think. I am a doctor and the field of finance is not that close to me so far, but I am eager to bridge that gap. Starting with ETFs is my goal but with so many to pick from it's confusing the majority of the time. Do you know if your advisor is willing to consult with clients in other geographical areas?
@MHousley26 күн бұрын
Oh very well then, conducting due diligence on *Lina Dineikeine* should suffice. She has established a notable reputation over time, and her system is acclaimed for its outstanding quality. Good woman!
@DonaldMark-ne7seАй бұрын
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.
@JacquelinePerriraАй бұрын
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.
@Jamessmith-12Ай бұрын
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
@kevinmartenАй бұрын
please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
@Jamessmith-12Ай бұрын
'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
@kevinmartenАй бұрын
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.
@ChristopherAnthony-92 ай бұрын
I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.
@chideraatuba94552 ай бұрын
Got it! Buying stocks during a recession when prices are down could be a good move. You might get them at a lower price and sell later when they go up. Just do your homework and be aware of the risks before diving in!
@NancyBetty-x2 ай бұрын
@@chideraatuba9455 That's awesome! Investing in stocks with a reliable trading system can lead to great outcomes. It's fantastic that you've been working with a financial advisor for a year now. Starting with less than $200K and being just $19,000 away from making half a million in profit is impressive! Keep up the good work!
@christianalawal36952 ай бұрын
@@NancyBetty-x Mind if I ask you to recommend this particular coach you using their service?
@NancyBetty-x2 ай бұрын
@@christianalawal3695 Victoria Carmen Santaella 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..
@markjohnson9402Ай бұрын
@@Richardnnabuikediyokeyou can't even scam correctly, lol
@julieanglim2372 ай бұрын
Armchair Income is an absolute favorite of mine. The YT content is clear, concise and well-presented in a professional manner. As a person no longer in the workplace, I value his thoughts and respect his time spent researching and sharing what he has learned.
@wealthadventures2 ай бұрын
Agree! Always nice to hear from someone actually doing it.
@rOHRshackartpottery2 ай бұрын
Armchair Income and Income Factory are my two favorite sources. I am a retired 85 year old and enjoy trading monthly using the NAV trends. Like Armchair Income I use dividends for current income and the remainder for reinvesting.
@john001232 ай бұрын
I must say I love dividend investing, getting those payments in for just holding a company is amazing. from what I've witnessed it all comes down to having a Licensed investment Adviser to handle your portfolio. All thanks to my Investment Adviser, who has traded my savings daily from quarter a million to almost one million dollars in the last 3 months.❤✅
@jessicaknoll47002 ай бұрын
Amazing ! I have Liquid Cash I want to put into stocks, but i want to ensure good profits & safety. Care to share how you achieved such milestone.
@john001232 ай бұрын
Essmildaa Morgan is well known, just look her up
@jessicaknoll47002 ай бұрын
Thanks, Looked her up, I can see her profile here on the web, will send her a well articulated mail. I hope she finds space in her schedule to help me.
@veliadisrosasjr16472 ай бұрын
Consistently investing in quality dividend paying companies with the right guidance over the long term is a relatively easy strategy to create generational wealth.
@xiuying68742 ай бұрын
Essmildaa Morgan is finally getting the popularity she deserves and this docent come as a surprise. my favourite stocks are Amazon,Walmart, Visa & Telsa
@chrisphillips00002 ай бұрын
Love Armchair Income. So true about not being able to talk to friends about this stuff!
@wealthadventures2 ай бұрын
Ha! Right. Not everyone wants to sit around talking about ETFs. Hard to imagine!😂
@cwilson688014 күн бұрын
Haha! I’m a handful of years away from semi retirement and try to discuss these things with friends and colleagues, all except for one (who is a retired broker from the 2000’s) looks at me with mostly blank stares or rolled eyes. 🙄🫣😂
@DividendDork2 ай бұрын
Armchair Income is the “go to” on income!
@mengkham2 ай бұрын
Unconventional Wealth is also great.
@CraigandMandy12 ай бұрын
Two of my favorites!
@wealthadventures2 ай бұрын
Thanks!
@CraigandMandy12 ай бұрын
@@wealthadventures I know you have said you were in the Columbus area. I am from Chillicothe. We are in the Dublin area visiting my brother quite often. Small world.
@wealthadventures2 ай бұрын
@@CraigandMandy1 Nice! I went to school here and never left.
@Bullseye1202 ай бұрын
Dave, This has got to be one of the best interviews / videos that you have posted.....THANK YOU! I am huge fan of the ACI channel. My current portfolio almost mirrors what he has done. I still do have a smaller percentage of growth funds too, but the income % is the largest section of my portfolio. I am also retired and the methodology has worked for me. Thanks again for all you do, and a huge shout out to ACI for also taking the time to complete this interview. Cheers!
@wealthadventures2 ай бұрын
Thanks Bullseye! Nice to hear.
@MaJaiDee2 ай бұрын
Love your channel and armchair income.
@wealthadventures2 ай бұрын
Thanks! Appreciate it.
@michaelmoore48402 ай бұрын
I am subscribed to both of your channels and the adventure has been great. I'm also following Dividend Bull who is a lot like the both of you. This is such a great opportunity to listen to both of you together. Thank you both so much for all your suggestions and opinions. I look for all your new videos every day and your advice has helped me so much and my current portfolio is now yielding me $1600 per month in dividends and when my wife retires it will go to $2400. This has all been possible listening to all of you. Thank you again guys, your the best and helping my life more than you know.
@wealthadventures2 ай бұрын
Awesome! Keep it going.
@momdittomomditto77052 ай бұрын
Love Armchair Income! I also appreciate his candor. Sooooo many times you watch videos or read comments where the person touts only their successes. Armchair tells us his mistakes and that is so refreshing. I look forward to new Wealth Adventures videos also!
@wealthadventures2 ай бұрын
Agree! We learn from our mistakes. Always refreshing to hear about both the ups and downs.
@Lawyerup9042 ай бұрын
Love both channels, building my income factory for the next 10-12 years. Thanks to both of you for this video.
@Seoulsearch6162 ай бұрын
I really enjoy both your channels -- and your senses of humor! 😁 Great to see this collaboration! 👍🏼
@wealthadventures2 ай бұрын
Thanks!
@bentobox77882 ай бұрын
They are two of my favorite channels. I hold JEPQ and a little bit of SVOL as well. Nice yield and total return.
@wealthadventures2 ай бұрын
Thanks!
@ivan11h2 ай бұрын
U guys both on the spot, even talking about taxes. Great job!
@wealthadventures2 ай бұрын
Thanks... "Sort of" talking about taxes.
@ivan11h2 ай бұрын
@@wealthadventures every country has a treaty with USA and some are more favorable then others. I wonder which country have the best treaty rate and then pay 0 in that country? Maybe Panama? Costa Rica? Belize?
@gordonechols99062 ай бұрын
If we gave OSCARS on KZbin this one may win Best Picture. As an income investor seeing two of my favorite people to watch on the same video was a real treat. Follow both of you guys regularly and being retired 11 years learning to be an income investor has been a real learning experience. As income investing grows in popularity new ETF's are showing up almost faster than you can analyze them. Always look forward to seeing new videos from you guys..loved the Vietnam segment on Armchair recently...when stationed there in '69 and '70 it wasn't exactly a resort area.
@wealthadventures2 ай бұрын
Wow! Appreciate the nice comment... and thanks for your service!
@charleschilds70382 ай бұрын
Dave - Thanks! I watch both channels, which have great ideas.
@wealthadventures2 ай бұрын
Thank you for watching!
@SummitMan1652 ай бұрын
Wow! Wonderful video from 2 of my favorites channels together!! Great show !! 💪💪👌👌🤩🤩
@wealthadventures2 ай бұрын
Thank you! So many nice comments today.
@robertlaw8402 ай бұрын
Two of my favorite KZbinrs together…love it!
@brucef12992 ай бұрын
So great to see you two together in one video. You have both been exceptionally helpful in transitioning from a lifetime of growth investing to growth+income in retirement. Long live the income soup bowl.
@wealthadventures2 ай бұрын
Love that soup bowl! Lol. Thanks Bruce!
@Steverino702 ай бұрын
Great interview. I probably watch Armchair more than anyone else because we are both retired doing exactly the same thing. I would also recommend your channel and dividend bull. Yes, I no long get the occasional 1.0 to 1.4 million gain in one year. I also avoid the 500K+ losses. However, after income investing for 3 years I am approaching a 7 figure income, even if the general market doesn't gain a dime. My hope is the "snowball" will keep me out of "-" years as in theory it will act as a buffer in down markets. We'll see about that. I have learned to stay humble:) Thanks Dave...
@wealthadventures2 ай бұрын
Nice and congrats on the success! It is nice to hear from others in retirement with a similar investment style.
@ryanccc7772 ай бұрын
Great discussion!
@christianperalta32262 ай бұрын
It is amazing when other content creators come together and discuss ones portfolio and financial situation.
@wealthadventures2 ай бұрын
Thanks. It was nice getting to know him a bit better.
@timbradfield7882 ай бұрын
Eyes glaze over! 😂 I just had that yesterday talking to a neighbor who is already retired. I'm not retired yet. Neighbor never heard of an ETF, doesn't know about SPYI, SVOL, JEPQ! He doesn't know about online brokerage! He would rather talk about fishing, hunting, golf or the high price of everything. Oh well, I tried to give a way to beat inflation by these new investments.
@wealthadventures2 ай бұрын
I'm always surprised... although I shouldn't be.
@celestial_sphere32 ай бұрын
Love these collabs!!
@wealthadventures2 ай бұрын
Thanks! It is nice from my end meeting some others doing similar things here on YT.
@JohnsFishTales2 ай бұрын
2 of my favorites in 1 shot. Good job fellas!
@wealthadventures2 ай бұрын
Thank you.
@CalmerThanYouAre12 ай бұрын
Two of the best in the business right here! 💯Much love for both you guys, you're doing great work and bringing some great content to the YT finance masses!
@wealthadventures2 ай бұрын
Nice! Appreciate the comment.
@kevinbuckley42312 ай бұрын
Seriously, you two guys are my favorite financial channels. Smart videos, solid reasoning. Your subscriber counts should be 100x!!
@wealthadventures2 ай бұрын
Thanks! Appreciate it.
@normansimonsen12032 ай бұрын
Great video. You guys rock.
@wealthadventures2 ай бұрын
You rock!
@streetpilot7752 ай бұрын
Great tutorial on Income investing! I switched from value to income investing about 3 years ago with the help of Armchair and Dividend Bull. The income has really snowballed and I am totally happy with the results. Selling your holdings to fund your retirement creates a lot of stress and uncertainty. With steady dividend income, however, you know exactly how much funds are coming in and hopefully, you can build up your portfolio to the point where you won't have to sell anything in the retirement years
@wealthadventures2 ай бұрын
Thanks and congrats! Glad it is working.
@Reza168882 ай бұрын
Wow! I watch you both. It's so nice for you to know armchair Investor! Both of you are awesome. Thanks!
@wealthadventures2 ай бұрын
Thanks for the support Reza.
@dberry2562 ай бұрын
Thanks Dave! I’ve been enjoying and benefitting from both of you for quite some time now! I appreciate the interview and knowing that you appreciate his work as well! You have been very inspiring to me as I’ve been redoing the focus of our retirement portfolio! Well done both of you; great job sharing your perspectives!
@wealthadventures2 ай бұрын
Thanks! Nice to hear and good luck with your portfolio.
@harsharao35552 ай бұрын
I actually bought all the time during 2020 crash. Bought quality companies like JNJ, CB, AMEX, KO, PEP, ABT. Greatesr appreciation came from PH.
@Jeguia852 ай бұрын
Two of my favorite investors in one! 👍
@wealthadventures2 ай бұрын
Thanks! Nice to hear.
@Dividendflywheel2 ай бұрын
This collaboration (with a like minded investor) especially someone living off dividend (passive) income is very beneficial. Second time I am watching it.
@falbamonteАй бұрын
Great video Dave! Very interesting topic. You now have a new subscriber..
@wealthadventuresАй бұрын
Thanks! Appreciate it.
@g.ajemian49682 ай бұрын
2 legends!!
@wealthadventures2 ай бұрын
Ha! Thanks. I'll take it.🤣
@pedroflores84522 ай бұрын
Dave, great video with your guest, I have seen plenty of content from his channel, and have incorporated some of his ideas into my portfolio. Thank you for having him on your channel. Keep them coming please.😊
@godcountry79322 ай бұрын
I watch both of your videos. Very informative. Been researching and buying monthly which is increasing my passive income totals. My end of year goal is $2000/month. May was $1198, June looks like $1305... I might make it.😊
@wealthadventures2 ай бұрын
Love it! Keep it up. You will get there.
@JohnHobbs-o3z2 ай бұрын
I switched from a conservitive portfolio to an all equity portfolio after crash in march 2020,ended up doing very well.
@wealthadventures2 ай бұрын
I bet! Good time to get invested.
@jakedamis2 ай бұрын
Nice interview! I’m 35 so I’m in more growth and broad market funds but I have been allocating a percentage towards income funds, BDCs and REITs as well. It’s nice to see the consistent cash flow even if the upside is lower.
@TotallyRegWhatelse2 ай бұрын
Hope you are aware of the impact of interest rates: *BDCs* benefit of rising/relatively high interest rates. On the contrary *MLPs, Preferred Socks, REITs* benefit of declinig/low interest rates. *CEF* and *ETF with option overlay* (from simple calls/puts to complex option strategies) need a closer look.
@wealthadventures2 ай бұрын
35... I would keep growing as well. Lots of time!
@kenmurray27652 ай бұрын
Thanks... looking to retire in the next couple years and this info was very helpful!
@wealthadventures2 ай бұрын
Glad it was helpful! Good luck.
@Crockerfeller2 ай бұрын
My two favorite channel hosts on one video! Great discussion guys! Thank you!
@kevinmendoza4402Ай бұрын
Very informative video, thank you.
@garythomas31502 ай бұрын
Woa… two of my favorite channels. The MCU has nothing on this crossover. 😊
@wealthadventures2 ай бұрын
Ha!
@ronaldreagan67562 ай бұрын
My two favorite finance channel guys at the same time?????? Lucky day for all of us!!!!!! Thanks guys!!!!!!
@ClintonSiegel2 ай бұрын
My brothers from another mother! Thank you gentlemen! This was insightful and helpful.
@ismith3512 ай бұрын
Excellent video. Thank you
@wealthadventures2 ай бұрын
Glad you liked it!
@janoz062 ай бұрын
Thanks Dave for the excellent video
@5584oleta18 күн бұрын
Great video indeed
@wealthadventures18 күн бұрын
Glad you enjoyed it!
@sisez97212 ай бұрын
Thankyou very much. This is totally life changing
@Gman-692 ай бұрын
Great interview! Love your content Dave
@wealthadventures2 ай бұрын
Thanks!
@whodidit9927 күн бұрын
I like the focus of the video - one subject and great info, no stock videos, stupid asides - just actionable info. thanks.
@TotallyRegWhatelse2 ай бұрын
Great session, meaningful insights, honest answers. ❤ Kudos to you!
@wealthadventures2 ай бұрын
Thanks! Fun to get to know him a bit better.
@johnmaxwell13562 ай бұрын
I watch both of your channels. Love the fact you both are talking and bringing us all new ideas. Thanks.
@wealthadventures2 ай бұрын
Thanks John!
@AnyangU2 ай бұрын
It was great seeing the two of you together! I love when my favorite youtubers meet. I think there is a segment of the population/audience out there that are interested in early retirement and how to fund it/how to live off of investment income. It is an interesting topic.
@wealthadventures2 ай бұрын
Thanks. Appreciate the comment.
@BarakTheWonderer2 ай бұрын
Nice Video. Thanks.
@waltlowry42972 ай бұрын
Great Interview ! Armchair Income is one of my favorite channels.
@alexandresimioni7982 ай бұрын
Great discussion, Dave. I follow both of you! Congrats!
@retiredn2 ай бұрын
Great Interview !
@wealthadventures2 ай бұрын
Thanks!
@fabiGBOtown2 ай бұрын
Informative. Thumbs up
@wealthadventures2 ай бұрын
Thanks!
@dondinero132 ай бұрын
Awesome interview!! Thank you Dave! Keep up the great content my friend.
@wealthadventures2 ай бұрын
Thanks!
@Shootsmith2 ай бұрын
Armchair Income is awesome!!
@benjaminmillikan72312 ай бұрын
Love both of these guys! Great interview.
@ray6504202 ай бұрын
Awesome
@Rob-on-the-go2 ай бұрын
Excellent discussion. Thanks!
@likeicare3002 ай бұрын
Great collab ! Thanks for the info 👍
@JacobSteeleMusic2 ай бұрын
Great vid as always! Really cool seeing you guys put your heads together, even though you approach investing from different angles.
@wealthadventures2 ай бұрын
Thanks!
@shockwave11262 ай бұрын
Great interview. I too did my homework with MPW and also stayed away from it. I have a similar mix to Armchair but no BDCs as I was not sure tax implications with those.
@wealthadventures2 ай бұрын
Thanks for sharing!
@chrisvandepolder61282 ай бұрын
Before I subscribed to both of you I thought you were the same person for a minute. Haha. You both are great.
@wealthadventures2 ай бұрын
Ha!
@oanhpham87802 ай бұрын
Very nice video thank you so much Dave ❤❤❤❤
@MartinD99992 ай бұрын
Awesome info. Thanks guys.
@hansschotterradler37722 ай бұрын
2 of my favorites. I'm going for an income/dividend growth hybrid. Armchair Income is smart enough to reinvest a portion of his income to ensure income growth. This seems to be working during "normal" market condition. But I wonder how his strategy would work in an extended bear market (tech bubble, GFC, etc.)? I'm expecting income reduction even with my hybrid approach.
@unclelong2132 ай бұрын
during a bear market doesnt matter what you invest into, it will dip, so does it actually matter? for me, just keep DCA its way out. lol
@wealthadventures2 ай бұрын
Good question... It would depend on the ETFs sustaining there distribution levels. I would suspect many would reduce and recovery would likely be slower versus growth. The pandemic is probably a poor comparison since it was short but Armchair did say his products held up well during that time.
@2coryman2 ай бұрын
I choose tech, AI ETFs these days expecting them to be productive for the next 10 years more or less, but keep watching their trends, I like IONQ, XLK, QQQM, PLTR, AIMD, but I’m ready at any moment if needed to replace them with SCHD and SCHG, DGRO
@wealthadventures2 ай бұрын
Man with a plan!
@brandonlamontcooper81412 ай бұрын
Thanks for the #information & #Enlightenment brothers.
@wealthadventures2 ай бұрын
Thanks for watching!
@WiglefishАй бұрын
I'm only starting my journey at 32 and hoping to retire by 60. Not sure if it's realistic just yet because I can only put in about $200 per month but with reinvesting and growth I'm hoping to have a relatively comfortable retirement. Not aiming to be rich.
@wealthadventuresАй бұрын
Great! Get started. 28 years is still a good amount of time. Best of luck!
@samiam8114Ай бұрын
I also use the 8% rule. I arrived at that number on my own before I even heard of this vlogger with the same rule.
@michaeldo19882 ай бұрын
the tax question is critical
@J_International2 ай бұрын
Solid interview.
@la50742 ай бұрын
Could you tell us the name of the news letter that you used? The one that told you to stay away from MPW… apparently they were in the know and were correct….
@DiegoMerkier2 ай бұрын
Good invite!
@wealthadventures2 ай бұрын
Thanks. Nice guy and good info.
@tyjameson74042 ай бұрын
I agree ☝️ don’t do drip 👏🏿🙌🏾🙏buy what is quality and what is discounted at the time 🌹👏🏿🙏🇺🇦🙌🏾🇺🇸❤️👍💵
@bluesky55872 ай бұрын
Superb
@wealthadventures2 ай бұрын
Thank you! Cheers!
@tyjameson74042 ай бұрын
You’re right 👍👏🏿the 4% is flexible….but don’t go over 6%💔👏🏿🙏💵🔥👍🇺🇦🌹
@lucindakloman73112 ай бұрын
Total return is always going to benefit you in the long run. If the value of one of your holdings goes up significantly, you can sell some of the stock. It's taxable, just like your dividends are (unless within a Roth). I would never give up total return for a smaller total return but with income. It just doesn't make sense.
@wealthadventuresАй бұрын
I agree. Total return should be our primary driver. However, in retirement, giving up some gains for a more consistent return is quite attractive to many investors. Often just depends on your risk profile.
@AmeriGlobal2 ай бұрын
SPYI, JEPQ, PBDC, PFFA
@kf4342 ай бұрын
yes, but I keep getting mixed answers on this. other people say because its based on options, as long as the NAV doesn’t tank too much, if volatility is high, they can still maintain the distribution
@aftabkrishna72742 ай бұрын
Thank you both for sharing a great conversation! Other than funds expense ratio, does brokerage company, such as Vanguard, Fidelity, Schwab’s charge any kind of fee to purchase any of his suggested funds ? Thanks.
@wealthadventures2 ай бұрын
Fidelity and Etrade do not. Most have gone away from those types of fees but always good to check.
@ContrarianExpatriate2 ай бұрын
Not sure why one would have BDCS and REITs because they only produce ordinary dividends which are taxed higher. Also, why not just invest in the S&P 500 and shave off long term capital gains to pay bills?
@wealthadventures2 ай бұрын
I tend to agree but he has decided to really focus on the income side of things. He is also in retirement so he is likely in a lower tax bracket.
@martinsokol5765Ай бұрын
Thank you very much for your work. I love listening to your podcasts. I would like to ask you. Which ETF would you recommend for long therm investing in SP500. I am especially interested in ETF which do not distribute SP500 dividends but reinvest them. Thank you and good luck Dave
@wealthadventuresАй бұрын
SPLG, VOO, and IVV are all great options.
@mjsmcd2 ай бұрын
Option premium income on spyi qqqi not taxed yearly if labeled roc but what if its not labeled that whats tax?
@wealthadventures2 ай бұрын
Not tax advice but... I would expect dividends from stocks would become long term capital gains and option premium would be short term or ordinary income.
@mjsmcd2 ай бұрын
@@wealthadventures thankyou
@rjb7260Ай бұрын
In this video The referenced funds Expense ratios are to high me.
@rashidalromaithi9642 ай бұрын
Thank you very much, Dave; this is the perfect timing for me as I'm starting to research this topic deeply. I have a dividend portfolio, but I am starting to tone it. Please consider this concept and do more videos, as it is important for us (above the 40s) to focus on it and not delay more.
@wealthadventures2 ай бұрын
Glad it was helpful! Will do!
@Dividend-Shark902 ай бұрын
Curious which part of the world does Armchair Income live in? He does not regularly talk about moving abroad or which country he retired in etc.
@wealthadventures2 ай бұрын
I think he likes to keep his live private. You could join his Facebook group. He may share more through FB.
Between spyi and jepi, which one does not have return of capital ?
@wealthadventuresАй бұрын
I don't believe JEPI has any ROC... but would want to double check my tax statement.
@samittinАй бұрын
I wonder if these guys know about bitcoins CAGR
@motrader2732 ай бұрын
this works if u already have the capital. At 11% return u need a cool million to get 110k before taxes. If u have that is ok otherwise i prefer to be active and look for 20 % a year to grow.
@wealthadventures2 ай бұрын
Higher return higher risk! If you don't have a large account can you take higher risks?
@motrader2732 ай бұрын
@@wealthadventures it the other way around. If you don’t have a big account you have to risk more so you can grow it. If i reach my capital target (1.5 to 2 mil) then i can cruise and the strategy presented in the vlog will be fine.