Reinvesting Dividends (Is It Really Easy Growth?)

[@matthewschutze6744]

Can you do a quick video on how to set up a dividend reinvestment plan please?

[@TheJoanml]

Awesome content Tracey👍🌹 One question: instead of selecting “dividend reinvestment option” when purchasing VHY etf…what if I reinvest all dividend incomes by purchasing other high dividend yield shares ..would this also be considered achieving “compounding effects “? Thanks heaps 🌈🌹

[@TraceyEdwards]

Yes you can totally do this 😊

[@TheJoanml]

@@TraceyEdwards thank you Tracey🌹🌈 I’ve been binge watch ALL your videos along with Robert Kiyosaki money mindset! WOW! Completely shift my mindset towards money🌎💸 It’s about acquiring positive cash flow generating Equities/Assets ! Using healthy debt as tool and be tax savvy 🤓🙏 Thank you for spreading wisdom and positivity around the globe 🌎🌈🌹 Mwah 😘 🌹🌈😄

[@InvestWithQueenie]

I personally automatically reinvest my dividends, at this stage I don't need to have extra income to I would rather have this money invested. Great video Tracey 🙌

[@TraceyEdwards]

Thanks Queenie!

[@daddycoolzzz1544]

thanks ma'am

[@kevinnelson4936]

great video and keep up the good work Tracey! Simple explanation with some real good ground work! Thanks

[@Schuri]

What Australian Portfolio website do you use? I want to use M1 Finance but they don't offer any services for Australians.

[@Schuri]

@Tracey Edwards Isnt whats-app is a communication app?

[@equinemccanx2967]

Do you have any idea about writing call options while waiting for dividend to mature.

[@TraceyEdwards]

I've never invested in options, but it would make a great video. I'll do some research.

[@aitkenator8275]

what about ANZ BONUS OPTION PLAN? as well as the DRP?

[@craigstudholme2435]

Do you have a commsec Pockets video

[@ev6304]

Does Australia have its brokerages offering fractional shares? In the US I don’t use drip anymore because fractional shares have become very popular. Why keep investing in one company if I can invest dividends in another that I may find cheaper.

[@bhugolkarki5037]

Absolutely loved this video!

[@adrianfox5315]

Hi Tracey Do I have to pay tax on these dividends if they are reinvested? Thanks Adrian

[@sng2225]

Thanks for another great video. I generally reinvest where I can but some I leave to help with trading costs. As you say it depends what your goals are. A small suggestion would you mind linking your book titles into your video in future. I know I can look it up but saves time for new viewers. Cheers.

[@jennamcna4605]

I've just bought vanguard high yield etf - how do we find out when the dividend is paid?

[@relaxingnaturesounds9675]

jenna mcna each brokerage will pay out on different days for the same company. But if you find out the ex dividend date it is usually paid 2-3 weeks after that. There isn’t a specific payout date.

[@lilyofthevalley4740]

Check ASX website and type in your company. It'll tell you the ex dividend date and the payment date.

[@zippyzipster6863]

Hello Tracey, thanks for another brilliant vlog.👍

[@allizan]

Thanks again for another informative video, Tracey. Hope all is well in your world.

[@lilyofthevalley4740]

Thank you. One reason I think I would choose to reinvest myself rather than use DRIP is that I can choose to do so when there's a dip in the market. Depending on how much I'm buying of course, this would likely offset the broker fees.

[@relaxingnaturesounds9675]

That’s why I chose m1 finance due to the reinvesting in your underweight companies. Of course you get to choose you %target allocations. It’s like drip but it goes to the companies that have dipped a bit. 😀

[@EvangelistRBColbert]

I have capital gains and dividends on auto reinvest! Great vid beautiful❤

[@lilyofthevalley4740]

Didn't know you could do that with capital gains!

[@EvangelistRBColbert]

@@lilyofthevalley4740 - Yes that along with dividends will help grow your portfolio faster!

[@chrisstebbing9400]

Younger people can invest in blue-chip stocks with a DRIP . They need to be great stocks that you would think would be around for a while. A 20-30 year-old investing in some dividend-paying stocks with a DRIP can set up some serious income for the twilight years of their life with the compounding effect, potential capital gain, and the dividend growth.

[@wealth.manage]

Hey Chris interesting thought have you considered the oppourtnity cost of investing in Dividend stocks over growths stocks especially if you are 20-30 years old. Might be worth looking into espescially if you have such a long time horizon to invest.

[@mofojohnson1]

Looking fit Tracey 👍

[@hassaninvesting]

I drip depending on the company.

[@MataH1]

However over 15 years it probably would be interesting to factor in the cost of leaving.

[@davegibb3175]

Compounding away , great video.

[@2005Leeroy]

What percentage increase have you seen after four years if you don't mind me asking?

[@FelippeDiaz]

DRP is great for taking away the temptation to spend your dividend income!

[@wealth.manage]

I couldn't agree more Felippe. Most of the returns that you get from the stock market are from reinvesting you dividends.

[@Warr3nBuff3t]

Hi Tracey What do you think of buying Sydney Airport?, it's on a huge discount from their pre covid price, and if it goes back to the same in the next 5 years their usual dividend yield is 7%, which will be much higher if buy at todays price

[@wealth.manage]

Hi Sam, I would look in what a post covid world is going to look like in regards to airline travel. My gut feel is that Sydney Airport could be a turnaround but might take 2-3 years before dividends start flowing at pre-covid levels. All this is dependant on how soon we will have a vaccine.

[@Warr3nBuff3t]

@@wealth.manage Hi Live, yes I agreee... well i actually bought some shares in SYD airport at the time of writing my original message so far I'm up 5% and planning to hold for long term.

[@SteveSnowGO]

Cba share price now at $95 😁

[@benwilliams3539]

Just save the money and make a smart purchase yourself. Drp just buys more at whatever market price is, even if it's not a good price anymore

[@lilyofthevalley4740]

I wonder if everyone using DRIP affects the market price on the day this takes place? Interesting...

[@darrenperry9485]

Just on time. I've received a letter yeste5asking if I would like to participate DRIP,.

[@tee1881]

SXL

[@QuesttoFIRE]

$15k is a significant amount! DRIP for the win.😊