Check out Skwad for free with a 15-day trial, and take 15% off of your subscription by using code "RYNE15" ► skwad.app/?My-Plan-To-Live-Off-Dividends-In-15-Years-or-Less
@lynnjoseph73595 ай бұрын
Living off dividends lives in my mind rent free
@rynewilliams5 ай бұрын
Haha same here 😂
@BowenChen-sh3sz4 ай бұрын
lol love it
@nic67783 ай бұрын
What to buy?
@exilion13 ай бұрын
Living off dividends doesn’t live rent free in my mind. The opportunity cost is real. I can reinvest or find an additional opportunity to invest in with the funds I don’t need to pay expenses, donate or have another needful commitment to support. So, not rent free, but definitely first world problems. Take care of you and yours (and theirs too).
@jonathanheffer62625 ай бұрын
I started 20th October, last year. Had my biggest dividend day of $6.25. I have managed to invest just over $5000. I’m 35 I’m hoping to retire in 20 years. Your channel is so inspiring.
@rynewilliams5 ай бұрын
Man great job! Just keep climbing - we’ll all get there eventually 📈
@Goalseeker1235 ай бұрын
You will!
@ronzigman5 ай бұрын
I started my dividend portfolio over 40 years ago, I’m 66. My holdings are many of your recommendation. I’m at 35k a month in passive income. I started small in the beginning. It takes time and the magic of compounding. Stay the course.
@rynewilliams5 ай бұрын
Holy cow, that's awesome. Thank you so much for sharing that!
@Tom-ly4xf4 ай бұрын
wow, amazing can you tell us abit more on how much you were contributing at the start? My dividend portfolio has hit 250k at 30 and hope you be like you one day!!
@willydear49065 ай бұрын
I explained my 15 year goal to my wife 2 days ago. 50,000 per year in dividends. I'm in my 60's and retired and started investing last year. This dividend income is for my wife after I've departed this world. Love seeing younger people investing instead of letting life get in the way like I did.
@rynewilliams5 ай бұрын
Thanks for sharing that my friend. $50k/year in dividends would be awesome!
@keenanmurray33064 ай бұрын
My friend, sometimes it’s best to enjoy life rather than focusing on saving money to enjoy life later. For tomorrow is not guranteed.
@pete56914 ай бұрын
@@keenanmurray3306Feel free to do that. We choose another path.
@ppcian5 ай бұрын
You got this, my friend! My goal is the big 50 (which is not that many more years for me).
@rynewilliams5 ай бұрын
Thanks Ian, you got this too! #ThugLife4Life 🤑
@nmalloch75195 ай бұрын
50 is my goal so 17 years to go. My investing has grown so much faster than I ever hoped. Good luck my friend ❤
@rynewilliams5 ай бұрын
You got this! Good luck to you as well 👏
@TheGrey0375 ай бұрын
remember you can withdraw you ROTH IRA *Contributions* any time, without penalty. It's just the profit on investments you need to wait till 59.5 to withdraw without penalty. With 15+ years of contirbutions you may be able to withdraw the dividends your ROTH creates w/o penalty till you hit 59.5. It should, at least, close the gap a bit.
@rynewilliams5 ай бұрын
Thanks for adding that!
@TortoiseInvesting5 ай бұрын
Another great thing to factor in is if you are all qualified dividends whenever you do hit fire, taxes will be even less of a hit on you, making living off dividends that much easier! Hope all is well man! You keep it so real and straight forward.
@rynewilliams5 ай бұрын
Man that’s a great point! I really appreciate the compliment too, thanks man 🙌
@BowenChen-sh3sz4 ай бұрын
30 years old fella here just like you. Your video is enlightening. Keep up the good work! let's do this!
@rynewilliams4 ай бұрын
Thank you my friend! You do the same 👏
@xJoeKing5 ай бұрын
That quote from Charlie hasn't been adjusted for inflation lol. I'm trying to speed run $150k in contributions.
@striperkid5 ай бұрын
I'm at $104k now and know what you're talking about. Trying to get to $125k (one step at a time)
@xJoeKing5 ай бұрын
@@striperkid Get it done and over with!
@xaldath42655 ай бұрын
Agreed and I thought the same. Personally, I think a more realistic goal should be 10 years. That's when compounding starts to really show, almost regardless of the contribution rate. If you take Munger's advice on how to get there, you can frontload it a little, but it's not a negligible lifestyle cut to make it a reality.
@TBasianeyes5 ай бұрын
Yeah it's 1 million now
@DonaldKilfin5 ай бұрын
With your knowledge and tenacity, I'll bet your portfolio balance will well exceed seven figures in 14 years. Thanks for posting. Excellent video.
@rynewilliams5 ай бұрын
Thank you my friend! I sure hope you’re right…let’s see what happens. I really appreciate the kind words 👏
@vestedinterest56555 ай бұрын
You could cut that 15 years down. Leverage and debt is your friend if you use it correctly. For example you get your portfolio to 350,000 returning 5.5% yield probably be higher in 7-10 years if you've been building it lets just say the 5.5%. thatd only be 1,604.16 a month. You leverage the portfolio for a 220,000 business loan at 6% interest for 20 years. Thatd be about 1,600 a month payment. You use the funds to buy real estate, a 4 plex or 4-5 2-3 bedroom rental properties. 200,000 is spread out among the 4-5 properties or a 4 plex for down payment put renters in to pay monthly rent. Need to work out the rent to draw 500-600 a month out of each unit at 500 for 4 units that's 2,000 a month. your portfolio is kicking 1600 plus 2000 rent minus 1600 payment puts you at 2,000 a month and you still have another 20,000 to put away either as a buffer to pay for any non rental months or back into the dividend portfolio for more dividend income, just an example. Hope that made sense. Having that portfolio opens up so many possibilities.
@rynewilliams5 ай бұрын
Thanks for sharing all of that. That would definitely be something to consider!
@mikeyb35925 ай бұрын
I've been investing for about 5 months. I'm up to a little over 1000 invested. Thank you for the inspiration and shedding some light in this tricky game! Keep up the great work!
@rynewilliams5 ай бұрын
Wow already at $1k? Great job my friend - keep climbing!
@joeypetisco5 ай бұрын
@@rynewilliams this is my situation exactly, I started back in February after watching one of your videos and I am up over my first $1000 invested. Thanks for what you do.
@rynewilliams5 ай бұрын
Joey you’re crushing it! Thank you for watching the videos. Keep up the great work 👏
@Colbycrab4 ай бұрын
I turned 40 last November. Plan is to have my mortgage paid off by 45 at the latest and retire at 50. I will have a tough decision to make in the next five years, which is, do I sell off a chunk of my DGI portfolio to pay the mortgage off or just keep plowing capital into both?
@rynewilliams4 ай бұрын
Mortgage free at 45 sounds great! I think you’ll just have to play it by ear these next few years and see where everything’s at
@jimmbboe4 ай бұрын
"$2800 probably won't pay all the future bills but it will go a long way" Truer words never spoken!!
@rynewilliams4 ай бұрын
Thank you my friend! I definitely won't turn my nose up at $2,800 coming in passively
@toddcole18055 ай бұрын
Happy Dividend Day Ryne, I’m enjoying that monthly O payment along with a few others $$$$$
@rynewilliams5 ай бұрын
Same to you my friend! Love getting that monthly payment from O 👏
@NolanGouveia5 ай бұрын
Great plan my friend! I share a lot of this same thinking 💪
@rynewilliams5 ай бұрын
Thanks man! Cool to know we’re on the same page. 👏
@ohen595 ай бұрын
Super inspiring, thank you! Man I'm also thinking almost every day about Financial Independance, this shit is contagious haha... I'm in a quite similar situation: 32 years old and aiming to reach FI at ~40, except I'm French and been living in Poland for 10 years where the cost of living is low. From there either I'll COAST FIRE switching to a part-time job or I'll keep working my 9 to 5 until I'm 45 and closer to a FAT FIRE. It's also worth simulating different FIRE scenarios with variables like inflation & income going up, kids and bigger real-estate it requires, etc.
@rynewilliams5 ай бұрын
True that my friend. Thanks for tuning in! Keep climbing 📈
@Bob-ut5 ай бұрын
Wish I would have started earlier, you’re doing it right. Looking back at the journey, been a hell of a ride with the market highs and lows.
@rynewilliams5 ай бұрын
Thanks Bob, you inspire me my friend! It certainly is a wild ride, but it’s well worth it
@twochap5 ай бұрын
Love the goal man. My goal is retire in 11 more years at age 50. Let’s get this.
@rynewilliams5 ай бұрын
You got this man!
@stevem1959885 ай бұрын
Good luck even if it takes until you are 50 that is still a great age to retire. Live long and prosper 🖖 😀
@rynewilliams5 ай бұрын
Thanks Steven! We’ll all get there eventually 📈
@Dramyxx5 ай бұрын
Keep it up! You'll be there in no time!!!
@rynewilliams5 ай бұрын
Thank you, my friend! I hope you have a great day
@platinum_platypus4 ай бұрын
ditto. 53 yo now, 68 then. Following you for the next 15 years
@rynewilliams4 ай бұрын
Heck yea!
@BetterLife054 ай бұрын
Most opinions I was given were to load up on growth to keep the tax low then sell down the road into higher dividends, I’m 35 and I still don’t know what’s the best route for me
@lisak62794 ай бұрын
Very inspiring! Like you said, $2500 may not cover everything, but it gives you options as you get older, and something to fall back on, in an emergency.
@rynewilliams4 ай бұрын
Absolutely, thank you for commenting!
@rolandosouffrain79574 ай бұрын
Nice vid. I. A growth E.T.F. myself once i retire i will tunr to dividends. Right now my 3 fund portfolio is on fire 🔥. QQQM, VGT and SMH. I have 12 yrs to go. Lets see what happens 🤞🏾🤞🏾🤞🏾🤞🏾
@Aurelius_X_5 ай бұрын
Great video, been investing for 2 years, almost exclusively dividend stocks, we can all dream of the freedom.
@rynewilliams5 ай бұрын
Thank you my friend! We’ll all get there someday. Keep climbing 📈
@dyslexciiАй бұрын
I wish the dividend calculators had a way to set contributions to go up over time, as it is reasonable to expect to earn more over time/contribute motre
@rynewilliamsАй бұрын
The one here allows you to do that: www.dividendreinvestmentcalculator.com/
@lukemccarthy2714 ай бұрын
Ryne, I use your spreadsheet to track my portfolio (thank you for providing this for free) but i am currently having an issue where the dividend yields in the positions box and the yield on costs keep disappearing, they reappear every now and then but it completely changes my entire dashboard and the rest of the spreadsheet. I had this issue before and it was rectified when i download a newer version but i have tried this multiple times with different email addresses and on different computers on different wifi networks and it is refusing to cooperate. is this an issue on my end?
@rynewilliams4 ай бұрын
I just posted a solution to this over in the community section on my channel!
@andrewbrooks20014 ай бұрын
I wish you the best of luck, buddy. I started late and I am trying my best to get to about 30% from personal investment dividends, 30% pension, 20% thrift savings (401k), and 20% IRA and Social Security payments.
@rynewilliams4 ай бұрын
Thank you my friend. I wish you the best as well 👏
@rejeanorscott15555 ай бұрын
Suppose a person has considerably more invested in the market already but the annual dividend is only $7000. I want to preserve my savings for future generations while having dividends for bills. Where does one start to get this portfolio to bring in a more lucrative dividend income?
@rynewilliams5 ай бұрын
When it comes to building up your dividend income, there are a few different ways to do so. You can A) buy higher yielding stocks, B) reinvest your dividends to buy more shares, or C) buy dividend stocks with high dividend growth CAGRs that will aggressively increase their dividend payments over time. Ideally, you would do a combination of all these things. Items B and C will grow your dividend income over time, so patience is definitely required, while item A will raise your dividend income immediately. With that said, I would not just go out and buy the highest yielding stocks/ETFs you can find. I think the best approach is a more balanced one that incorporates some dividend growth. You want to make sure your income continues to grow over time.
@JP_Dividends5 ай бұрын
Great stuff Ryne! I’m sure you’ll get there in no time with long term consistency like you’re planning👍🔥
@rynewilliams5 ай бұрын
Thanks man, we'll both get there! Just gotta keep climbing 📈
@rachelrachel85045 ай бұрын
Excellent video Ryne! I always learn so much from your content💪🏾
@rynewilliams5 ай бұрын
Thank you so much! I’m so glad to hear that 👏
@nathanhultquist63235 ай бұрын
Love your videos! I just started a regular IRA for dividends and have my ROTH IRA for growth stocks.
@rynewilliams5 ай бұрын
Thank you! Great job getting started 👏
@shanew99134 ай бұрын
Great video! Just be wary of the in-built assumptions in you projections.....we are already in a deep per-capita recession in most developed countries and Depression era conditions could be upon us in the next 2-3 years. Many companies will be filing for bankruptcy in this period, especially smaller-to-medium sized ones. Just be sure to protect your portfolio and have defined exits!
@Jayvazquez155 ай бұрын
Great video!! I need to calculate mine also to see when I will be able to use my dividends.
@rynewilliams5 ай бұрын
Definitely check out that marketbeat calculator!
@mcc57465 ай бұрын
Health care, is going to be a huge expense, unless you move to a low cost country. Many ppl don't factor that in. Wish everyone luck with ur plans but please don't underestimate Health care
@rynewilliams5 ай бұрын
Great point, thank you for including this!
@xaldath42655 ай бұрын
Fortunately, that will likely not be a drastic change for this self-employed content creator.❤ Good thing to be aware of though, for sure!
@JanisRay-k8i5 ай бұрын
These videos inspire one to get everything one can into investments! Thxs! Keep these coming!
@rynewilliams5 ай бұрын
Will do my friend! Keep up the great work
@HoonDaGoon5 ай бұрын
I guess my biggest thing is nerves I don’t know what to really put my money into but also know I need to get started I’m 23 and I know the earlier you start the better I wanna build my portfolio and I’m thinking of putting 200/month aside for Voo and im watching your videos learning how to calculate this stuff
@HoonDaGoon5 ай бұрын
And I’ve got a question I’ve just opened a Roth IRA account with fidelity do I put Voo in that Roth IRA or do I put a high dividend paying stock in the account
@rynewilliams5 ай бұрын
I think VOO is fantastic...you can't go wrong with that! And yes, you can buy VOO in your Roth IRA. That's what I personally do as well. I have SCHD and VOO in my Roth IRA
@HDB19744 ай бұрын
Because I started late (in my late 40's) my plan is to retire right on the button, hopefully at 65 probably at 67, so my goal is 15 years too. I have 3 streams, my ISA (tax efficient investment instrument) my company investment plan (all ETF'S) and my pension plan which is currently managed but because I don't like the fees so I'll be moving to a SIPP. Currently investing £750 - £900 pm across the 3. Wish I'd started this at 30 rather than nearly 50 because I'd probably be retiring in the next 2 to 5 yrs...
@BleachFanOne4 ай бұрын
Not sure why, but market beat says Ford stock will be about $460 million USD by year 12 on a $100 a month investment... starting with just 1 share and going from there. :/ this confuses me greatly. any idea whats going on with this stocks stats?
@rynewilliams4 ай бұрын
I definitely don't think you will make $460M off a $100 investment into Ford in 12 years...that doesn't sound right all
@rejeanorscott15555 ай бұрын
I have a second question. How much time is involved in entering data into dividend tracker?
@rynewilliams5 ай бұрын
It shouldn't take you that long...it depends on how many positions you have though
@nilsfranz1235 ай бұрын
New video and the comment Is for the algorithm 💜 love your videos
@rynewilliams5 ай бұрын
Thank you my friend! I hope you have a great day 👏
@fourthworldacoustics82803 күн бұрын
What are your thoughts on using margins to invest in dividend stocks like schd?! 🤔
@rynewilliams3 күн бұрын
I'm not a fan of that. It adds an element of risk that I don't think is worth taking on
@danstevens644 ай бұрын
Hey Ryne, I'm new to your channel. I've been asking several dividend KZbinrs this same request. Is there anyway you could make a video on ETF ticker KNG? there isn't much on YT about it and it seems to be too good to be true. It has price appreciation, as well as both a yield and 5 yr CAGR in the high single digits. Thanks!
@rynewilliams4 ай бұрын
I appreciate the video suggestion, thank you!
@patschuster96195 ай бұрын
I never pull more than 65% of my dividends, the rest stays in for reinvestment
@rynewilliams5 ай бұрын
That's a great way to balance it
@hot2warm5 ай бұрын
Interesting. I have adopted an 80:20 strategy for all income. 20% savings/investing and 80% living/recreational.
@Vincent-ld4uz5 ай бұрын
Dont forget to enjoy life along the way, a horizon is nice, but no guarantee that we make it to enjoy🤪
@rynewilliams5 ай бұрын
Absolutely! I enjoy life every day. I love what I do 🙌
@jrupesh18054 ай бұрын
Ryne-will skwad help me to calculate my dividend payment based on spend ?
@rynewilliams4 ай бұрын
It will not. It's strictly a budgeting tool, not a portfolio tracker
@scittyboom19895 ай бұрын
You will get there eventually my man keep grinding 👍
@rynewilliams5 ай бұрын
You too my friend - keep climbing! 👏
@Errorrrrr245 ай бұрын
Hey! Huge fan of your videos! I had a plan to live with dividends in 8 years I would be 40 at that time. But now I just decided to take a breather from investing. Made the worst financial decision. Bought my dream car.😅 I want to spend some money on my family and myself a bit more now. I have atm around 400k includes one debt free aparment that have tenants and stocks. I get dividends about 1200€/month. Now I invest only world index monthly for a while that I dont need to stress about individual stocks. Keep up the work I can definetly tell the feeling is so good when the money works for you🎉
@rynewilliams5 ай бұрын
Thanks for sharing all of that. It sounds like you’re on the right path. What dream car did you get??
@Errorrrrr245 ай бұрын
I bought a Porsche taycan 4s🙂. Paid 30k in Cash and 820€ montly payment with decent 3% interest. Dividends pays the enjoyment🙏
@rynewilliams5 ай бұрын
Beautiful car, enjoy!
@HoonDaGoon5 ай бұрын
That’s incredible I hope I get to this point and I’m looking to hopefully one day be able to do the same thing! This is an inspiring comment I pray that I’m doing the right thing I’m just starting out trying to learn all of this it’s so much to learn!
@christiangardener60733 ай бұрын
Every time i thought of one you said it. But since you didnt mention V i still think its a buy of course you know that already because you just bought it. But other than that maybe ups, pfe, and wu
@rynewilliams3 ай бұрын
Yea I love V...bought a ton of it last week
@ShameerRavji5 ай бұрын
Thx for the vid. Get in the Yield Max $MPW and meme stock frenzy and you can retire tomorrow, lol.
@rynewilliams5 ай бұрын
Haha there you go, that's the way to do it
@ShameerRavji5 ай бұрын
@@rynewilliams totally , lol
@alelzaghir56745 ай бұрын
Question, why not keep the money in a money market account? What if a stock like Realty Income was to go down in the future? I could see a great opportunity with Lowe’s and J&J
@Kudeghraw5 ай бұрын
Because you get paid a dividend based on how many shares you hold. You have to make a choice. Nothing is guaranteed. A money market only gets a good rate if you go through a major bank and they have shown their true colors in recent years... Credit Unions you can't make caca off of a money market. If you DRIP you can accumulate shares with dividends that are tacked on to what you got. So next divvy payment is a bit more. Multiply this by 15 years and you can accumulate a lot of shares and the increased dividend payouts that come with them. You never know if you are getting a 3m, who have been around for a century and have a generous dividend. If you were able to accumulate 10000 shares of 3M, you would be making $28k a year in just dividends right now. If you have multiple divvy stocks you have been feeding over the years, you get those divvys as well. Not unreasonable to think you can get to $50k a year of passive income for retirement on top of whatever else you saved up as long as you stay the course and diversify investments.
@rynewilliams5 ай бұрын
Right now, a money market fund can be a solid place to park your cash. However, like anything else, money market funds have their pros and cons, especially when compared to investing in stocks. The biggest advantage is that you don't risk losing your principal, meaning your initial investment will stay safe and you won't have to worry about losing money. On the downside, you won't benefit from potential share price appreciation in the same way that you would with stocks. Additionally, while the high-quality dividend-payers (the kind that you'd want to invest in) tend to increase their dividends over time, you can't count on the same from a money market fund, especially if interest rates start to decline. Overall, if you're saving money for some short-term use (a vacation, down payment for a house, etc.), a money market fund or a high-yield savings account would be a great place to park it. However, if you're saving for retirement or some other long-term goal, investing in stocks that grow and appreciate over time might be a better way to go.
@alelzaghir56744 ай бұрын
@@rynewilliams Well said! I should be transitioning out of the money market soon as I see so many deals at the moment. Nike, UPS, Ulta, JNJ and much more seem very appealing. Any thoughts on Nike and UPS? UPS pays a very handsome dividend dude.
@cryptotime60054 ай бұрын
You did monthly distributions … most of those companies are doing quarterly distributions right?
@rynewilliams4 ай бұрын
Most of them do. But across my entire portfolio, when you combine all of my holdings, I receive dividends every single month
@ShaneMarrLifts5 ай бұрын
Only learned about finance about 6 months ago i wish i got taught in school
@rynewilliams5 ай бұрын
I'm glad you found out about it, great job!
@muxi01215 ай бұрын
Do you account for taxes in the total return projection?
@rynewilliams5 ай бұрын
A 15% tax is incorporated into the calculation
@rickymcfall60345 ай бұрын
Bro I think 🤔 u said it best living of dividends 😅man I can feel it... so close yet so far lol
@rynewilliams5 ай бұрын
How far away are you??
@avinashnarine70705 ай бұрын
Man i am now thinking i dont need much; jusy generate even 1500/2k a month and go live in some country that the cost of living is incrediably low and just keep visiting here.
@rynewilliams5 ай бұрын
Which country would you go to?
@patschuster96195 ай бұрын
I’m at 2,400.00 per month and it’s great
@robduncan745415 күн бұрын
My current dividends around 1k$ a year
@suzukiman89645 ай бұрын
I really need to get back to contributing to my pofolios, ever since medical situations came up, and the stock portfolio and Ira together are over 144k I just been letting combined do the work.
@rynewilliams5 ай бұрын
Oh man I didn’t know you weren’t contributing. I’m sorry to hear you’ve been having some medical issues…your portfolio is still growing like a weed!
@suzukiman89645 ай бұрын
Once you hit 100k it just takes off
@rynewilliams5 ай бұрын
That’s what they say…I need to hurry my butt up and get there already
@suzukiman89645 ай бұрын
Yea I had a medulla blastom at 5 full body radiation and chemo so this is just some bad after effects as you get older
@rynewilliams5 ай бұрын
Ahh man I’m sorry to hear that. Is it all behind you now?
@azzurriss4 ай бұрын
Current dividends around 200$ a year
@rynewilliams4 ай бұрын
Nice!
@perparim10795 ай бұрын
Well is easy skip the car and sizling fajitas and the home mortgage then in 10 yrs you might get there
@rynewilliams5 ай бұрын
Haha true that. Too much Juan’s will definitely set you back financially
@sxsignal5 ай бұрын
@rynewilliams did you have a comparison of quarterly vs monthly div?
@rynewilliams5 ай бұрын
It doesn’t make much of a difference at all to be honest
@sonny-km6zd5 ай бұрын
Hello guys, someone of you who invest in dividend, invest also in sp500 etf?
@rynewilliams5 ай бұрын
Many of us do, yes! I personally invest into the S&P every week
@JustforAgnese5 ай бұрын
Great video as always 👍
@rynewilliams5 ай бұрын
Thank you so much!
@iriska5222 ай бұрын
Respectfully, sir, you've got gorgeous eyelashes and eyes
@rynewilliams2 ай бұрын
Thank you!
@andrev175 ай бұрын
You are a great motivation 👌🙏
@rynewilliams5 ай бұрын
Thank you my friend!
@billcarruth81225 ай бұрын
I was silently hoping that when you did the taxable account calculation that when you reached the goal you'd be 60 years old again. Would be fun to see the keyboard go flying across the room :)
@rynewilliams5 ай бұрын
😂😂
@sunshinedesign5 ай бұрын
Jnj or cvs? Bought CVS.
@rynewilliams5 ай бұрын
I personally only own JNJ out of those two
@sunshinedesign5 ай бұрын
@@rynewilliams I own both. They are now equal in $$ amount. 😎
@bestillsounds12105 ай бұрын
15 years from now 2800 bucks a month will look more like 1800 a month,
@rynewilliams5 ай бұрын
Not much we can do about that
@delbomb31315 ай бұрын
Considering your income is based off dividend content, I'd say you're living off dividends now 🤔🤔😜
@rynewilliams5 ай бұрын
Haha that’s a good point. I pray that I can do this forever man…I love making these videos, and I LOVE being apart of this community.
@Duke_of_Prunes5 ай бұрын
You're almost surely going to find a short cut or two, and beat your projection by a mile. A side deal in real estate, a few swing trades, or an especially good year or so. I will leave the old folks home and check up on you -- better have $1M or else, buddy! 🤭
@rynewilliams5 ай бұрын
Haha you know I’ve got your back Duke! 😂
@rssharma95 ай бұрын
Great, inspiring video, Ryne. Just a comment. Your taxes in your taxable account will be more than 15% since you have REITs in there. Also, I didn't like your recommending your subscribers to use SKWAD; they should spend some time and do the work manually in Excel or Google Sheets. Thanks.
@rynewilliams5 ай бұрын
Thanks for watching! Why, specifically, don’t you like Skwad? Have you ever used it?
@rssharma95 ай бұрын
@@rynewilliamsIt seems fairly safe, but people who want to do budgeting should plan properly. Bank transactions don't tell the whole story. Many times people pay cash or use a credit card to make purchases. (In our case, we make every purchase with a credit card that pays us cash back.)
@rynewilliams5 ай бұрын
You can also sync your credit card transactions using Skwad, and you can manually input and categorize cash transactions.