Our Dividend Income Growth Journey - Year 5 💰 |Money and Life TV

[@braidenchesnutt]

I feel investors should focus on under-the-radar stocks, considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered. I don't know where to go here out of devastation.

[@huong-f9t]

The safest approach I feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.

[@latoyia-z3n]

@@huong-f9t It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

[@braidenchesnutt]

@@latoyia-z3n This is considerable! think you could suggest any professionals/advisors? I'm in dire need of proper portfolio allocation.

[@latoyia-z3n]

@@braidenchesnutt My CFA ’ is “Victoria Carmen Santaella”, 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.

[@braidenchesnutt]

@@latoyia-z3n Alright, thanks! I'll look her up for inquiries.

[@thesplynter8426]

$900+ monthly in 2 1/2 years and growing. If I knew about compounding in my teens I would have left the rat race long ago.

[@MoneyandLifeTV]

Noy noy Cho I too wish I had started sooner. The things I used to think were important was not really important. That money would have been much better spent investing

[@michaelmarquis8072]

@Jon H. the things we don't learn about in school...

[@chrisclecak8572]

Curious roughly how much do you have invested for $900 / month dividend income I am hoping to retire in less than 10 years and have a decent chunk in an IRA I rolled from a 401k

[@edthom2210]

No one tell us until it’s too late.

[@Scarywesley4]

@@chrisclecak8572 He probably has over $100,000 invested for that amount. Most good stocks pay about $0.75/per share per quarter, and they cost quite a bit.

[@arisgod2749]

Excellent video for people to understand the power of dividends. I am going to be retiring in a few months at age 57. My dividend income will be over 120,000 per year, never needing really to touch the principle. Heck there are also advantages in taxes with dividends. Best thing I ever done was realize what you put on this video in my early 30s.

[@victorcepeda5745]

how much did you invest per year?

[@arisgod2749]

@@victorcepeda5745 I have been investing at least 15% (plus another 7% in a 401K to get the maximum company match) for over 30 years. All dividends were reinvested each year. This is why I am big on dividend paying stocks you get the compounding plus the company raises the dividend each year.

[@victorcepeda5745]

@@arisgod2749 That is awesome. Currently, I'm 29 years old and plan to invest and retire at 50 y/o. Did you invest all in dividend stocks or you had some in growth too? Be my mentor hahaha.

[@deepakkalluru588]

Victor Cepeda Help me if you get any help haha!

[@studmuffin3264]

What is your principle?

[@drg4366]

Im 22 making about 200 a month off dividends and it's simply amazing. I plan on investing more into dividend growth stocks soon. My goal is to make enough to retire overseas hopefully around 30-35 of age

[@MoneyandLifeTV]

Dr. G that is incredible at 22? Nice job! True inspiration. If you go beast mode on building your income and portfolio over the next 10 years I think you can reach it.

[@milleniallgt9715]

Awesome how much do you have total invested to make that monthly dividend income?

[@drg4366]

@@milleniallgt9715 not as muxh as you would think. I invest in mostly high yield stocks but the safer ones like AT&T. I got lucky in the crypto market and made me some money. But now that my wealth is really growing ill be investing in more growth dividend stocks with lower yields. I'm looking at ABBV at the moment

[@cutweldngrind]

What would be some good dividend stocks to check out. Im not doing well in day trading and have like 35k in the acct that I would like to put into dividend stocks.

[@drg4366]

@@cutweldngrind depends on your age and risk tolerance any blue chip stocks that pays a dividend is always solid pick. I myself right now am looking at Abbv, XOM, T. Because i see them being undervalued right now. For more riskier plays look into the energy sector or reits but please do your homework on those

[@HeyItsJay24]

I have never seen one of your videos before but you answered my top 5 worries in this. Thank you

[@MoneyandLifeTV]

Awesome! Thanks Jay. More videos to come around this topic.

[@MoneyandLifeTV]

Happy Easter everyone! Thanks for continuing to drop likes on the videos it really helps out the channel. Let me know if you would like to see more videos like this one in the future. I wanted to produce this video to illustrate how easy it is to start building a passive dividend income overtime once you start investing consistently. It takes very little time to do.

[@stevemiller5626]

My strategy 100%. Started the same way trying to trade, and found simplicity in dividend investments. Took a little digging to put the right companies in place to create a smooth income month to month, now I'm just building position as the EX dates pop up.

[@angelodorsett1]

Very good advice Mike. I just started investing last year. At first I was looking at capital gains. But after watching videos like yours i am realizing the power of dividends.

[@MoneyandLifeTV]

Hi Angelo, honestly it nice to have both capital gains and dividends. If you want to go for the big money fast than capital gains will be your friend if you choose the right investments. I like to do both, but I would say i'm 70% dividend focused and 30% growth focused, but in the big scheme of things I want a passive income that comes in year, after year so I never deplete my assets.

[@KH-bp2qh]

Just found you today!!! Excellent. Watched many of the videos. I would like to see information on how to manage an inherited IRA (from my mother) and how to calculate capital gains on inherited individual stocks (I received them in 2017 when my mother passed away) and the tax implications (I do auto invest of dividends). 1 stock was $48 on the day of her death with 3000 shares....the shares were $95 on 1/8/21. THANKS!!!!

[@thehelpfulentrepreneur1148]

Love dividend growth! Great to see you are investing this way each year! Enjoy the returns in the future! 😀👍

[@MoneyandLifeTV]

Thanks Helpful Entrepreneur, the investments are cranking along quite nicely. Plan to keep growing my assets as quickly as possible. Its simple and anyone can do it. The hard part is having the income and discipline.

[@ceciliaruns72]

Thanks! This is so motivating! I just started dividend investing and loving it! I would love to hear more!

[@MoneyandLifeTV]

Thanks for the feedback Cecilia! That means a lot. It sounds like other people want to hear more as well so thank for speaking up. I'll certainly have to go into more detail on this type of stuff. I'm going to start producing investment analysis videos very soon so stay tuned. Hopefully in about a month or so from now i'll have the first one ready to go.

[@ewlinitis]

@@MoneyandLifeTV question , are these in Roth IRA or regular tax portfolio. Also, what are the tax payments like ?

[@MoneyandLifeTV]

How's it going Eman, to answer your question it is both. I have investments in a normal taxable brokerage account as well as 2 roth iras. To learn about taxes on dividends and stocks I suggest watching this video I put together. kzbin.info/www/bejne/eHS0iqKohcx3gdU It should address most of your questions. There is also a free downloadable handout.

[@christianrobertinvesting5218]

Great video, dividend investing has changed my life, making me confident I can achieve my goals in life off a low/modest income!

[@EvangelistRBColbert]

Google Mr. Earl! He was a parking attendant that made $12 per hour. He built a half a million net worth by investing.

[@joelpolish8068]

Jorel Boston I’m considering Perú

[@chrisestrada6198]

Learning a lot. The past videos didn't give me headaches because you explain it well Like a close friend or brother that really wants you to succeed. Thank you

[@MoneyandLifeTV]

Chris, i'm so thankful to have you in my corner brother. I do want people to succeed, and in a way where they do not have to dish out hundreds, or thousands of dollars for courses. I love doing this, and feedback like your keeps me fueled and fired up :) ✊ 🔥🔥

[@RealLifeMoney]

We’re practically the same person Mike lol. I went thru the same process. Started an account and IRA up and didn’t really contribute regularly in the beginning. Once I started adding monthly to when wealth really builds. Great video 😄 Love maxing Roth out!

[@MoneyandLifeTV]

I always feared we were the same person haha 😂😜🤑 that's ok, because I think it means we are going to be pretty well off down the line bother.

[@manwithtwoeyes6911]

Im 19, and work in retail for about $300/week after taxes. I am investing $130/week into mostly dividend stocks, planning to increase it to $170/week by some time next year, and $220/week when I begin making a higher rate of pay. My current biggest dividend investment is AT&T, but I would like to buy some PEP, ABBV, PFE, and QCOM. CSCO and CAT are also on my watchlist. As of now, I would like to retire before age 55, closer to 50 preferably. Wish me luck! BTW I'll buy all the mentioned div stocks if we get a recession. Currently building up my cash pile just incase.

[@MoneyandLifeTV]

That's awesome Man with two eyes. And your only 19?! That is amazing that you are starting so young. If you keep focusing on increasing your income from your job each year (or outside your job) and keep acquiring passive investments I think retiring at 50 is more than doable.

[@dancer1]

im 19 too

[@arisgod2749]

Mike since you are a dividend investor like me, it would be super helpful for people if you did a detailed video on qualified dividends and the tax rates on them, specifically how the first 77K in dividends can be tax free for example.

[@ARanger51]

Great video! Would be interested in hearing your thoughts on holding dividend stocks in a Dividend Reinvestment Plan (DRIP) through a company’s transfer agent as opposed to an IRA. Transfer agents such as Computershare, EQ Shareowner, Broadridge, etc... Thanks and keep up the great work!

[@PenniesNotPerfection]

This is so inspiring to see how far you've gotten after 5 years! It makes me really excited to look into and start dividend investing.

[@MoneyandLifeTV]

Thanks! You can totally do it. It is pretty simple. I'll have the next part to this series being released on Sunday May 5th regarding more about how we started.

[@TheLaughingLion]

Awesome seeing the growth on an upward trend.

[@MoneyandLifeTV]

It is quite exciting. Congrats on the incredible channel growth. You are doing amazing!

[@LucasMarshall]

Seeing your progress is super motivational! I'm pretty new to this and I love learning about it. I make personal finance videos as well. Keep up the hard work and these gains will keep going up! Liked and subbed :)

[@anonymoususer20246]

I got into the market thanks to the Bitcoin boom. Luckily I got in at the right time before the huge spike so I made some decent cash then got out as everything started to fall apart. Started to funnel that into the stock market in September, I'm now just under about $2,200/yr in dividend payouts. Everything is setup with DRIP so it's all re-invested so I don't touch it either. Current goal is to get that eventually up to about $10/yr in dividend payouts then I'll probably short term stop my DRIP and use that to income towards a rental property to diversify a little.

[@MoneyandLifeTV]

Mattie thanks for sharing your investing journey brother. Sounds like you are on the right track. I want to use my dividends for rental property as well in the future. Great minds think a like :)

[@SEaudiofan]

A common trait I notice among investment videos on KZbin. No one ever tries to focus on ESG type investments. You can make money in the stock and ETF market, while still being conscientious, and not just "Blue Chip" focused. I think the reason why might be, people who focus just on money, tend to not see the health of the biosphere as important. Like your videos, and that you share resources like spreadsheets. Keep up the good work

[@MoneyandLifeTV]

Thanks Jim!

[@Melanizing]

Love your channel!! You mentioned you only had about 5% in bonds. I'm almost 40 and the traditional portfolio management view would say I should have about 40% bonds and 60% stocks. What is your take on that?

[@MoneyandLifeTV]

Melanizing thank you for the support. The 60/40 is very traditional management style as you mentioned, but I think it is a bit too conservative in my opinion. In the past bond interest rates were much higher than they are today. You used to be able to get 5 - 10%, but not anymore. I think when you nearing retirement it would be fine, but I think 80/20 , 70/30, or even 90/10 would be more suitable. People are living longer these days. My concern would be that the 60/40 allocation would not grow quickly enough to outpace inflation and the higher costs of living in the future. Those are just my thoughts of course. Ultimately you have to do what you feel most comfortable with and what makes the most sense for your retirement needs. Hope that helps. Great question!

[@YubaaNYC]

Hi Mike, by far you are the most reliable information source I found in KZbin for the investment, I am wondering who are these 65 people dislike your this video!! They must be very jealous people live around you there,,, but you are shining for them 65K times more each day.....

[@Jeff-kb8iv]

Hey mike, trying to listen to this while working ahah. Compound interest or just passive income is nice to have. I personally have a brokerage account too, the downside is taxes and unrealized gains/losses 😂 I got my 1099CON from fidelity and said I got 200 bucks or so in dividend and the account value loss more than that. Meanwhile it’s nice to see the dividend coming in but it’s not completely accurate for the sense the value of account. Keep up with the content!

[@MoneyandLifeTV]

Whats up Jeff. Thanks for supporting the channel even doing work hours brother. 😂 Market fluctuations are typical so try not to stress about them too much unless they are very significant. With the right set of investments, good investment management those loses can turn into profits and you will have all the dividend income on top of it. Assuming the market doesn't bite the dust of course ;) I'm releasing the follow up video to this one this coming Sunday. Many of my co-workers around your age haven't even started investing so nice job.

[@Jeff-kb8iv]

Money and Life TV haha thanks to you mike! I have learn a ton from you already :) 5/15 is still keeping me occupied. Didn’t you say u were heading to beach this week or sometime soon? Hope you enjoy it. The weather from where I’m at has been raining non stop. I’m waiting to see the sun again 😂

[@MoneyandLifeTV]

I have some beach footage in the next video I'm releasing ;) No joke lol but you will still want to get more sun than looking at it through a computer screen. We live as vampires. #Accountantlife

[@KnockoutInvesting]

great channel. you and your wife are very relatable to the average American investor.

[@wickedcrypto6004]

Hey Mike I as you can see judging from my name I got involve into Cryptocurrency but lately this whole dividends income sounds interesting. I like the Idea of having some type of dividend income in my future but I'm no experience in stocks or how it actually works so I kind of been treating it the same as my Cryptocurrency lol. I'm lost but not that lost. I have notices that everyone else claims to be making thousands of dollar on stocks and are selling some type of bs course online through Ads but the truth is as simple if you are making money why are you selling? So thanks you Mike for being real and congrats on this 5 years journey. I really appreciate your video on sharing this free advice. I'm looking forward to do the same...

[@MoneyandLifeTV]

Wicked thanks so much for your kind words, and thanks for noticing that i'm "real". I've been real since the beginning and I think that is why my channel has had success. Even on dividend investing people mislead others with clickbait titles, but most of them hardly make any actual money from dividends. I made this video earlier this year, and I think i'll end up making about $4,000 give or take by year end in dividends and that is with $150K - $170K invested. I'll have more dividend investing videos to come. Probably 2 new dividend investing this video in December.

[@barbarajordan2698]

What do you read to know the history of a stock. Thank you for your info.

[@makingmoveswithmattadams1268]

HAPPY EASTER BROTHER!!! Great Video!!! 🔥 I truly hope people pay attention, make your money make money instead of thinking you’re rich by holding it. Being RICH sucks, but Being Wealthy Builds YOU NOW AND YOUR FAMILY’S FUTURE!!! GREAT ADVICE AND CARE MIKE!!!💯❤️🔥

[@MoneyandLifeTV]

Thank you Matt! Like you said don't "hold it" Put those dollars to work so that one day you have the option not to :) ✊

[@chewie1355]

Thanks for sharing. Love it. Day trading is for the birds. Long term for is the way to go.

[@MoneyandLifeTV]

In other words day trading is great for "Chipper" ;)

[@ANEEQHKHAN]

This video is very personal, thanks for sharing such inspirational video! Cheers

[@MoneyandLifeTV]

Glad you enjoyed it! I try to make an updated video around this topic each year. I love tracking the journey.

[@deanlehman4723]

thanks , just started dividend investing for retirement

[@MoneyandLifeTV]

Congrats Dean! We're both on the journey. I'll be producing many more investing videos throughout the year. Many specifically on dividend investing so stay tuned.

[@richardthemagician8991]

I love this video. Great seeing it work in real time. I invest for dividends. Been investing since last August. Making around $700 in dividends. But it is definitely scary to think if this is something that I can live on in the future.

[@MoneyandLifeTV]

Richard, how's it going man? Thanks for the support. One of my largest fears for myself as well is will this actually work? By tracking it this way I will not have to guess when i'll be ready to retire. For some of my clients this investing strategy is working wonderful as their income keeps increasing every year in retirement (which is a very uncommon thing for most retiree's)

[@richardthemagician8991]

@@MoneyandLifeTV well, I'm assuming they have amassed a pretty hefty portfolio and have been at it for a long time. My goal is to make a living wage in about 15 years. When I say living wage, I mean by Kentucky standards! Maybe $20k. My hope is that with dividend growth and yield on cost, this can be achieved with a contribution of roughly 10k a year.

[@MoneyandLifeTV]

Nice, I think it is doable in that time frame, but if you want to make sure you are on the right track I suggest using this compounding interest calculator. I use this thing all the time to constantly monitor if i'm on the right track. www.fncalculator.com/financialcalculator?type=interestCalculator

[@BadWeatherfreak]

How much you have invested?

[@TheDividendExperiment]

Nice video, I always like to see people making big returns with their dividends!

[@MoneyandLifeTV]

I love dividends. It is one of the few things forms of income in the world that is truly passive, and you can pass it on to future generations. Congrats on pushing through 500 subs brother!

[@TheDividendExperiment]

@@MoneyandLifeTV Thanks!

[@relaxingnaturesounds9675]

I can’t wait to see this update at the end of the year.

[@CrisDie81]

Thanks for sharing! Cheers from Brazil

[@MoneyandLifeTV]

No problem Cristian thanks for watching :)

[@jarredr6622]

At&t 34 years of div growth 6 percent 30 doller stock. Wow. Dividend aristocrat.

[@MoneyandLifeTV]

How's it going Jarred? Thanks for leaving a comment. AT&T has been a strong dividend player for quite sometime. I own AT&T, however, I think they need to revamp their business. I'm hoping they will turn the company back around, and quit shedding subscribers, but we shall see.

[@freddiebutler3653]

Great video! I am a long time investor in dividends stocks! Love that passive income♡♡♡

[@MoneyandLifeTV]

Amen brother. Now we just need more of it, faster :) Kevin O'Leary from Shark Tank was a big reason I became a Income/cashflow investor. Kevin O'Leary's Mom was a big believer in investing in companies that pay dividends.

[@matthewszasz1895]

Great video, appreciate the discussion and demonstrated compounding interest. Love the channel!

[@MoneyandLifeTV]

Much appreciated! Thanks Matt!

[@ezrabaraka3583]

Great info! Can you make a video of how to get started like how much do you contribute monthly? Do you reinvest the dividends ? Do you put in in cash etc? How do you grow it without reinvesting etc? I’m a total newbie at this stuff

[@MoneyandLifeTV]

Hi Ezra, absolutely. I hope to have a new video up on this topic by Sunday May 5th that will address many of these questions in detail. There was a huge demand for this kind of information so i'm putting a new video together as quickly as possible. Stay tuned :)

[@artphoto7690]

Very interesting that an expert on a five year view has come to the same conclusions I learned using a similar method over 12 years as an amateur. This stuff can really work but pay careful attention to the psychology touched upon here, perhaps this is something that could be further addressed in future videos. Incidentally having a basic spreadsheet to monitor progress annually has been an eye opener for me. Great video, thanks.

[@MoneyandLifeTV]

Hi Artphoto, thanks for commenting. Having a spreadsheet keeps me motivated, and I love being able to look back and track my progress. Love the topic idea of discussing the psychology of dividend investing.

[@ljb8743]

Hi - Can you share a few of of your portfolio picks with us? It would be great to share and have the community share their favorite dividend stocks.

[@MoneyandLifeTV]

Hi LJB, I'll have to do a separate video around this topic, but some of my favorite include American works, Pepsi, Johnson and Johnson, AT&T & Verizon, EPR, NHI, Proctor and Gamble, and several others.

[@EtherealPanda218]

Appreciate your knowledge sharing.

[@MoneyandLifeTV]

Thanks James! No problem. Lots more knowledge sharing to come.

[@vincentdesapio]

Nice video. Dividend investing helps me to navigate, as we have seen, a bear market. Especially if you re-invest the dividends and capital gains distributions. If the market declines, you re-invest the dividends buying more shares. The longer the bear market, the more shares you are buying at lower prices. Assuming the market recovers its losses, you will have more money than when the bear market started.

[@Clarc115]

Great stuff here, however, for the little guy indexes seem affordable and efficient in terms of the investors time and effort. What Fidelity indexes would you recommend?

[@davecirelli2902]

consider closed end funds with monthly payouts to round out your portfolio

[@MoneyandLifeTV]

Nice suggestion David, thank you

[@InvestingBookSummaries]

Post-tax 50000 yearly goal here. Good luck with yours!

[@dusbus2384]

REIT dividends are always considered ordinary right? Or are they subject to the long term capital gains rules like regular dividends?

[@MoneyandLifeTV]

Hi Jon, yes sir always ordinary dividends. They do not get special capital gain rate treatment.

[@juansamalot8693]

Thanks for your time and video. Started late, I have 401k no match government. 10% contrib. , I opened a Robinhood account with $1200 . Mixed up with a little crypto but mostly stocks , ETF s, REITs, financial, utilities, retail. Also opened M1 Roth IRA with $1400 plus contrib every month. , 3-10 years from retirement. Could I be better off to put less into 401k or stop contrib and focus more on ROTH IRA. Also Would borrowing from 401k to buy rental property good or bad idea?

[@MoneyandLifeTV]

Juan, thanks for sharing brother. It is better to get started late than not at all. I know many who are closer to retirement than you and haven't invested a dime.

[@calialcala1750]

Thank you for your videos!!!

[@MoneyandLifeTV]

No problem! Thanks for watching Cali :)

[@kathy13volpe]

Thanks for the info!

[@MoneyandLifeTV]

No problem Kathy, thanks for watching :)

[@evelynbaitz2732]

I would be interested in learning which dividend stocks you invested in and which brokerage firm you invest with.

[@MoneyandLifeTV]

I was thinking of doing a video on my most successful dividend stocks in the near future. I currently use Amertitrade, but i'm getting ready to open up a Robinhood or M1 finance account .

[@melaniecruff5085]

Great video! Hope this isn't a silly question but - lets say for now you want your dividends to automatically be reinvested, but down the road you want those dividends to go into your bank account instead. Is that something you set up when you buy the stock? Or do you just buy the stock and somehow set that up afterwards? thanks

[@MoneyandLifeTV]

Hi Melanie, great question. Yes, to have them automatically reinvested you can do something called a "DRIP" which stands for dividend reinvestment plan. You can stop the DRIP at anytime so do not be afraid to try it if that is something you want to do. Please note, however, that not every stock/investment plan has reinvestment option. Sometimes you will have to manually reinvest the cash that is deposited into your account if that is the case. Many people love DRIPS, but I've always preferred to manually reinvest my dividends.

[@71kaye]

new subscriber/ talking to my financial planner in a week to up my game on the dividend investments / thanks for the info so I don't look like a day um fool. p.s. I have a tiel too. what's your birbs name?

[@MoneyandLifeTV]

I love the "Tiels" Chipper is his name. I used to have a real bird named chipper which is why he is my channel mascot.

[@mando8222]

Mike thanks for this video. It's really informative and I'm now into dividend investing too👍

[@MoneyandLifeTV]

Any time! Will have more investing videos to come in the next new few weeks.

[@Muzeishen]

Love the video! Trying to learn how to develop a strategy. Will you make a video on what factors you look at when deciding on an equity? Thanks!

[@MoneyandLifeTV]

I love that topic idea. I'm going to save this and I will make a video around this for sure.

[@Muzeishen]

Money and Life TV awesome! Thanks

[@MoneyandLifeTV]

I appreciate the topic suggestion.

[@tlp_gaming282]

Great video! Just curious what platform do you use to invest for dividends? Thanks!

[@MoneyandLifeTV]

TLP_Gaming hows it going? Thanks for checking out the video. Currently I use Ameritrade for our taxable brokerage accounts and Roth IRAs. If I were to start over I would probably look more into Robinhood for the taxable brokerage account, because there are no transactions fees when buying or selling investments. If you want to do no fee investing within a Roth I heard Firsttrade may be a good platform to check out, but I have never used it before. The big upside of Ameritrade is that despite the $6.95 transaction fee, you can do any type of investing you want with little to no limitations. The downside of many of the free platforms like Robinhood or M1 finance, etc is that some of them have limited functionality. For example, at the moment you cannot open a Roth IRA with Robinhood to my knowledge. Certainly look closely at what limitations a platform has before going with it. Hope that helps :)

[@gestroud]

Just started watching the channel and never noticed the text at the beginning showing your name. Up until now, I thought you were saying your name was Mike D'Cipia 😆

[@MoneyandLifeTV]

hahaha 😂😂 now that would be an interesting last name.

[@MoneyandLifeTV]

Our complete investing library can be found here: Stock Market Investing: goo.gl/hi2kK4 Dividend Investing Playlist: goo.gl/njSrk2

[@dp8230]

But how many shares in a stock though before going to another one?

[@armaankhalid9324]

Excellent video. First time viewer, just want to ask as a beginner ; is putting in $10,000 a year minimum a good start to reach the level you are at now in the next 10 years perhaps? With stocks like McDonald’s, realty income and Coca Cola? Just want to know if I’m on the right line? Many thanks. Keep up the great work. 👍🏼

[@brandonmorin1179]

Personally, not a huge fan of focusing on dividends as an investment strategy. Works somewhat well in tax-deferred accounts but, in taxable accounts, a focus on total return has been shown to deliver better risk and tax-adjusted returns over the long run (especially a factor-tilted portfolio). Focusing on dividends means you have a chance at targeting firms that have positive factor premium associations (Quality, Value, etc), but a sole focus on dividends means you might be buying companies that no longer have any growth prospects (this isn't necessarily bad) or might even be junk. Further, consider the number of dividend paying companies in the US has actually been declining since the 1960s as companies are favouring share repurchases over dividend payments. A focus solely on dividends completely misses this section of the market that has been a strong driver of returns over the past 10 years.

[@deanberger9597]

Great work! 400$ I definitely no joke🤙🤙🤙

[@MoneyandLifeTV]

Thanks Berg's! I overshot my estimate a bit but close to $400 per month. Probably realistically averaging $350 to $375 per month at the moment. By next year i'll be over the hump for sure.

[@joseespaillat1376]

Mike, thank you for sharing, excellent video! I’m in the patch to changing my current financial situation. I’m in the process of paying off some debt ☹. Once I pay my debt, I will start doing some long-term investment in the stock market. What’s your take on managing your risk? Everyone is saying that we are heading into a recession. In that event, what could happen to the investment or portfolio? Is there any strategy to mitigate or minimize any losses? Thank you!

[@MoneyandLifeTV]

Hi Jose, great question. I hope to do a video around this topic soon. Everyone is saying a recession is either here or it is about to happen. Either way i'll be investing, but i'll look at purchasing consumer staples, perhaps, more bonds, etc. Basically boring companies that sell products people are likely to buy no matter what the economy is doing. If a recession does hit make sure to have an emergency fund in place before investing. Biggest risk to most people is losing their job. Make sure resume is up to date just to be on safe side. and all other major debts are paid.

[@MoneyandLifeTV]

Keep at it Jose, it sounds like both of our finances are moving in a positive direction : )

[@robertowhyte2836]

What platform or website do you use to buy divident stocks? And what happens to your stocks if that site/platform closes or goes bankrupt?

[@MoneyandLifeTV]

Hi Roberto, I use Ameritrade at the moment. If the site or platform goes bankrupt there is a special type of insurance in place that protects the consumer if the brokerage firm goes under. It is different than FDIC. The cash portion of your investment account is typically insured up to $250,000 through FDIC though. Of course the market value of your investments would not be insured. Each platform is different though so it is important to read their policies or call them and ask this question before opening an account so you are completely clear on the rules before starting.

[@inconvenientexistenlism]

@@MoneyandLifeTV Is the $250,000 insurance just for that one platform or for all of our investment total? For example, if I have $250,000 with Ameritrade and another $250,000 with Robinhood for a grand total of $500,000 in investment, will I only be covered up to $250,000 then lose the other half $250,000 both belly up...or I will be protected up to $250,000 for each platform and not lose any more. If the latter, then it's a great idea to open a brokerage account with different firms and not have more than $250,000 in each, right?

[@inconvenientexistenlism]

@@MoneyandLifeTV Also, what about if we have 2 brokerage accounts with the same firm, for instance, 2 standard borkerage accounts with Ameritrade? Will they EACH be insured up to $250,000, thus technially a total of $500,000 insurance for Ameritrade or still $250,000 regardless of the 2 standard brokerage accounts with Ameritrade?

[@sumosupremeking360]

Bro when you said Clorox towards the end of your video. You ain't lying today's date is 04/11/2020. Because of the Corona virus you can't find Clorox at any store. And your video is from 2019! Bro you called that👍🏼

[@MoneyandLifeTV]

Haha thanks De, sometimes you get lucky, but ya, clorox is probably the best performing stock this year.

[@algernoncalvin5879]

Hi Mike, may we know if you have a rough estimate of the total investments you have put in to be able to get into a 400$ monthly dividend income?

[@MoneyandLifeTV]

Hi Algernon, thanks for asking. I think you will get your answer and more in this video :) kzbin.info/www/bejne/pqHan4d9jLOWi7s

[@abhim9221]

17:16 you talked about paying less tax because it is "qualified" can you explain more on that, in though its just regular income that is added to your 9-5 job, and you pay regular income tax on it.

[@dannbaman]

Hi Mike, can anybody here please explain what would be the major difference between investing in high quality dividend stocks or bekrshire. I know berkshire pays no dividend but its a high quality company and they reinvest dividends. Thanks

[@MoneyandLifeTV]

Hi Daniel, love your question. I'm thinking about putting a Q&A video together on random tax and investing questions and I think this would be a great one to add to that video. Stay tuned.

[@CuriosityUnchained]

Thanks for sharing this. Very informative and inspirational

[@MoneyandLifeTV]

Thanks I just published an updated one on my channel. This one shows more of the investments I own. kzbin.info/www/bejne/pqHan4d9jLOWi7s

[@yani7751]

When you make the monthly contribution, do you reinvest in the same companies or you buy new ones? How often do you rebalance you dividend portafolio? Could you tell your asset allocation and which assets, ETFs and mutual funds you owned in your brokerage and Roth IRA accounts? Sorry if I'm asking you too many things, but I'm pretty new investing and I always have had these questions in mind to ask people with more than 10 years of experience. I'll appreciate your answer. Thx

[@MoneyandLifeTV]

Hi Yani, i'll certainly be producing more videos around your questions so stay tuned. Sometimes I reinvest in the same companies, but i'm always analyzing my investments and allocations before I choose what to invest in next.

[@MoneyandLifeTV]

Right now I've determined i'm greatly under hedged for market crashes in my portfolio so this is something I need to correct by buying Long-term bonds, short-term bonds, Inverse etfs, and gold for example. I'm still keeping all of my other investments, but for now all new money invested will be focused around hedging my portfolio until I feel I've done enough.

[@yani7751]

@@MoneyandLifeTV Thank you for taking the time and answer my message. I understood. Have a good weekend

[@jhall19k45]

Making $17 a month right now. Trying to build it more and more everyday. My goal is to be making $50 a month before the end of the year. Then $200 or more by the end of next year

[@MoneyandLifeTV]

Hell yes! That sounds awesome.

[@jhall19k45]

@@MoneyandLifeTV I really appreciate your channel and channels like yours. Helps me stay motivated

[@shawnsapp6611]

should my dividend portfolio me in a roth ira and not a regular account?

[@MoneyandLifeTV]

It really depends on how soon you want access to the income. If you don't need access to it for a long time then a Roth is fine, but if you want to try to retire earlier than a taxable account would be best.

[@joshuahooker4993]

I'm a little confused. The title of the video says monthly dividend payments...yiur spread sheet says annual income...are those amounts monthly or yearly?

[@MoneyandLifeTV]

Hi Jousha, great question. The spreadsheet in the video shows a bit of both. Monthly in dividends I make about $300 - $400 per month.

[@joshuahooker4993]

@@MoneyandLifeTV great. Thank you. I'm trying to get an idea of how much I need to invest over the next couple of years {I have quite a bit of freed up income each month} to retire on dividend. My situation is a little different because I live in southeast Asia...cost of living here is really low. I could survive on 2000 us easily. I'm thinking about 400,000 to 500,000 US would get me to that goal...obviously there are fluctuation and unforseens, but in general it seems the magic number

[@MoneyandLifeTV]

You can do it brother. Go for it. $2,000 a month isn't bad. Very attainable.

[@TNA10042001]

i own NRZ & IEP what are your thoughts ??? have them now over 3 yrs

[@MichaelJosephJr934]

My worst trades were Day trades. My best trades are the ones I buy and hold.

[@MoneyandLifeTV]

Buy and hold have been my best moves as well. Every time I tried the alternative I either lost money or lost the potential to make even more money on the investment.

[@billyjohnson9166]

Great video. You are doing it right

[@MoneyandLifeTV]

Thanks Billy!

[@cal88usa]

Great info. I want to buy dividends. I don’t know how much to buy. Do you recommend ten stocks of McDonald’s or of Clorox. I don’t know this is a very different language to me. Thank you and am subbing to your channel.

[@DividendsDaily]

On my way there!

[@marleyzlegacy9208]

Great video man! Keep making them please

[@MoneyandLifeTV]

Thanks Alex! Will do brother. Thanks for the encouragement. Getting ready to post Sunday's vid as we speak.

[@grimrocks11]

I’d like to see the effects of the current situation on the div income. Possible projections?

[@MoneyandLifeTV]

Look for a video in about a week from now. I will likely cover some of the projections. I think i'll make close to or around $5,500 to $6,000 in divs. Some companies have stopped paying for now due to darn Covid.

[@alohastateofmind3565]

Do you just have your dividend payouts set to reinvest automatically in that same stock or do you take cash and reallocate?

[@MoneyandLifeTV]

I have been lazy at setting up drips for a few of my investments. That is something I want to do, but at the moment all gets paid out in cash in my account and I reallocate the cash to investments of my choosing.

[@sureshjogia876]

Great video. Thanks If I want about 50K income per annum, what size portfolio would I need?

[@ConJ3]

suresh jogia around a million if you’re getting a 5% yield on that million

[@MoneyandLifeTV]

Hi Suresh, exactly what Connor said, below, but depending on how early you start investing it could take significantly less than a million invested with the help of compounding interest.

[@AndrewHillard1]

holy crap.. i just got into the stock market within the past 52 weeks and am in college to become a cpa. ur a future me

[@MoneyandLifeTV]

I read your comment and about died laughing 😂😜 I don't know brother, hopefully you can be a better version of me.....i'm a mess haha.

[@AndrewHillard1]

Money and Life TV so is everyone else man lol, you aren’t the only one. And if a mess is the worst thing ill be in the future, ill welcome it with open arms

[@MoneyandLifeTV]

Haha cheers brother 🍺

[@AndrewHillard1]

Money and Life TV cheers man

[@rickkoenig3793]

Love your video. Grammar tip: it’s “My wife’s and my ...”

[@MoneyandLifeTV]

Thanks for the support Richard, and thank you for the grammar tips. Clearly I am a numbers guy more so than a writer :)

[@technician9722]

Rick Koenig LOL

[@dredding]

700k producing 6% a year will allow you to draw down $48000 a year for 25 years. This doe t include your social security. If you take at 66, will probably be 30k per year, giving you almost $80k per year. If your house is paid for, plenty of places you can live well on that money.

[@MoneyandLifeTV]

Hi David, I fully agree with you as long as social security is still in place (let's hope so) The government seems to want to take everything from us this day and age. $80,000 per yer wouldn't be bad if you had no debts.

[@EvangelistRBColbert]

I use to work with tax returns. I use to work for the IRS. I am very interested in dividend investing. At the moment I have my 403b and a Roth Ira.

[@MoneyandLifeTV]

Hi RB, congrats on getting started with Dividend investing. I find it simple and a lot of fun. I've never met anyone who used to work for the IRS. What do you do for living now if you don't mind me asking.

[@EvangelistRBColbert]

@@MoneyandLifeTV - I am in the Healthcare industry. After the IRS I went to the private sector for years and then wanted another change LOL. Even though I am in the Healthcare world, I am still on the financial side of things involving Healthcare. So you see I haven't totally gotten away from finance. My wife and I have had many conversations on creating other streams of income so we can watch our money work for us for a change.😂

[@MoneyandLifeTV]

RB Colbert thanks for sharing. I feel if I left public accounting I would be the same way. I always gravitate towards finance because like you said make your money work for you lol. Right on boss keep at it. I think by next year I’ll be cranking up the heat on our investing. Our cash balance is getting to the point where it doesn’t make sense to keep saving. We will either pay down our mortgage quickly or invest like a mad man for cash flow. I don’t know if I ever would retire early but I just want to have options.

[@EvangelistRBColbert]

@@MoneyandLifeTV - Looks like you have a great plan in place. We definitely want to payoff our mortgage ASAP!!! We are a very frugal couple, especially me. 😁 I know too many people struggling to survive off of Social Insecurity in my Dave Ramsey's voice.😂 I really enjoy your videos and keep up the great work!!!

[@MoneyandLifeTV]

Haha, I've listened to Dave Ramsey on and off for years now. Sounds like we both just need to keep hustling and we will make it happen brother :) I'll keep cranking out the videos as fast as I can 🍷💸

[@MoneyandLifeTV]

***If you have started your investing journey towards retirement what have you learned the most since first starting***

[@castro8021]

Good stuff brother... just started to invest this year.... still trying to figure out what companies to invest in... like u said I may be overthinking this...😣😣😣

[@MoneyandLifeTV]

What's up Castro? Congrats on starting the journey that is the biggest first step. Couple of tips to picking companies. 1. Invest in companies you understand. 2. Invest in companies that continue to grow their top line revenue, and bottom line net income. 3. I try only to invest in companies that have consistent long-term growth which can be easily seen just by looking at that the company's stock chart on yahoo finance. 4. Avoid investing a large amount of money all at once. Invest slowly overtime. Especially when choosing investments. Some of my biggest mistakes back in 2014/2015 came when I invested too much money on one investment, and the investment went south.....had I been smarter I would have invested a smaller initial amount, and minimized by unrealized loss. Hope that helps. I'll be producing videos on investing analysis in the near future so stay tuned.

[@castro8021]

Money and Life TV thanks. Looking forward to your new post.

[@xXfresh12Xx]

being patient. Im 24 just started trading but I feel as though im late to the game

[@ceciliaruns72]

@@xXfresh12Xx You're never too late! I'm 46, also just started, after raising my family. Kicking my self a bit for not doing it sooner but it was a complex tax issue and controlling spose that kept me from investing. Focus on what you can do best today and your future self will thank you!

[@therealreason953]

Hey Mike can do a video 401k vs. Whole life insurance?

[@richardmartes6837]

Thank you for sharing

[@MoneyandLifeTV]

Thanks for watching!

[@DaveThomson]

Tip municipal bonds dividens in a regular brokerage are tax free

[@MoneyandLifeTV]

Yes sir, spot on :)

[@thetnaingwin1507]

another great video! Awesome.

[@MoneyandLifeTV]

Thank you Thet! Cheers!

[@thriftsndreams6809]

Is investing in dividend stocks on robinhood considered tax free gains since you use taxed money to buy in?

[@MoneyandLifeTV]

Hi thrifts N dreams thanks for asking. Are you referring to the dividend payment or capital appreciate of the share price? Capital appreciation isn't taxed until the day you sale the investment at a gain. However, dividends are always considered taxable income unless they are held within an IRA or Roth IRA. Hope that helps.

[@dexterspeights3484]

Most single guys with money are living overseas with dividend incomes are enjoying the benefit of low taxation, stable income and cheap cost of living by having the money work for them!

[@MoneyandLifeTV]

Thanks for commenting Dexter, I know exactly what you are talking about. If I were single I would probably do something similar :)

[@sunilmathew349]

How many funds should I have in my ROTH IRA ? I really like 3 funds but I want to pick two because I dont want my money spread out . If I can put lots of money in 2 funds that can grow faster right? Or no? I"m not sure.

[@MoneyandLifeTV]

Hi Sunil, good question are you referring to etfs? Etfs already have great built in diversification so you really don't need many. Especially not in a Roth, because you are limited to $6,000 per year. I think 2 is a good place to start. If you put a lot of money in two funds it doesn't necessarily mean it will grow faster in terms of return on investment. Your ROI is going to be determined by how well those funds perform individually. However, if you just do 2 for right now what's nice is that you can build up those positions sooner. Lets say you you pick 2 funds and get those both up to $10,000 each before you add a 3rd as an example. That would be totally fine. You can always add more funds on later. When first learning investing I suggest to keep things as simple as possible.

[@sunilmathew349]

@@MoneyandLifeTV Thank you so much. This helps alot!

[@MoneyandLifeTV]

Perfect! Best of luck.

[@shrek22]

Great vid, have u invested in digital assets such as Bitcoin? As part of your growth portfolio.

[@MoneyandLifeTV]

To be honest I have not, but perhaps at somepoint I will. Still trying to wrap my head around the tax laws associated with virtual currencies. lol

[@vanessabarragan680]

Do you recommend or know any good CPAs like yourself, in the San Jose Area in CA?

[@MoneyandLifeTV]

Hi Vanessa, I live in California as well, but work in the Central Valley. Unfortunately I do not know any good CPAs in that area. I'm sure there are a ton, but I did make this video about things look for in a good CPA. kzbin.info/www/bejne/gGqbeGuao7Gmr8k

[@wildricerust]

The hardest part for me is just getting started. Paralysis by analysis is real

[@MoneyandLifeTV]

I've been there Tyler. It gets easier though the more you invest, but the first couple times is the worst. How much are you looking to invest at the moment?

[@Kermeous]

Open a Vanguard account. Put any money you can in there. Buy VTI (total stock market index, they just dropped the expense ratio to 0.03%), reinvest dividends. After you have a solid amount (ie 100 Shares), starting playing around with individual stocks with some play money. But keep VTI as 90% of your portfolio

[@wildricerust]

@@MoneyandLifeTV I've got a couple thousand ready to go.

[@MoneyandLifeTV]

Hi Tyler, I really like your question. I'll specifically address it in the next part to this series. Look for it on Sunday May 19th. I'm gathering together people's questions about investing and producing a Q&A type of video.

[@pedrof3364]

soooo you only mentioned your dividends growing, but what's the total invested?

[@MoneyandLifeTV]

Hi Pedro, thanks for commenting. Lot of people asked this in the comments. I think I addressed somewhere in the comments, but if I remember correctly I had 120 - 130K invested at the time I produced this video.

[@cowboysruntheeast8603]

Do you have any ETF`S? or just company stock?

[@MoneyandLifeTV]

Hi Cowboy. 9 times out of 10 I pick individual stocks over Etfs when it comes to investing for dividends. This video I produced earlier this year explains why: kzbin.info/www/bejne/bXqxqXuMgdKGhrc (Stocks vs etfs)

[@dancer1]

@@MoneyandLifeTV you dont like sphd? why dont you like diversification?