The Power of Compounding Dividends: Build Wealth In Your Sleep

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  • Опубликовано: 16 ноя 2024

Комментарии • 64

  • @TortoiseInvesting
    @TortoiseInvesting Год назад +12

    Letting time work it's magic and sitting back letting the snowball build is one of the strongest and most reliable things in investing.

    • @MarkRoussinCPA
      @MarkRoussinCPA  Год назад

      Totally agree!

    • @QUINTUSMAXIMUS
      @QUINTUSMAXIMUS Год назад

      I am working on that. When I started, I was at 50 bucks a month, now at 133 bucks a month. It is slow, so I have to add a fair bit of money to make a difference.

  • @alicemendoza5269
    @alicemendoza5269 Год назад +54

    The stock market's dividends motivated me to start investing. What counts, in my view, is that you can live off of dividends without selling if you invest and make more income in addition to payouts. It suggests that you can give your kids something, giving them a leg up in life. I've put more than $600k into dividend stocks over the years; I still buy more today and will keep doing so until the price drops even further.

    • @Igorstravinsky788
      @Igorstravinsky788 Год назад +3

      Hearing from a seasoned investor who has survived the crisis and succeeded is always motivating. It may be frightening when your portfolio goes from green to red, but if you invested in strong firms, you should maintain growing them and stay to your goal.

    • @AnthonyHart34
      @AnthonyHart34 Год назад +2

      I totally concur, hence I value giving an investment coach the ability to make decisions. It is virtually hard for them to perform below expectations given their specialized knowledge, schooling, and the fact that each and every one of their abilities is focused on managing risk to take advantage of its asymmetrical potential and function as a safety net against certain bad occurrences. Working with a financial coach for more than two years, I have earned almost $1.5 million.

    • @godof-ou1dw
      @godof-ou1dw Год назад +2

      @@AnthonyHart34 I need suggestions to assist me recover my portfolio and create more effective strategies because of the huge dips. How do I locate this coach?

    • @AnthonyHart34
      @AnthonyHart34 Год назад +2

      @@godof-ou1dw There are many successful financial trainers out there, but for the time being, I work with > Ruth Loralann Brennan. because I appreciate her strategies. Research can be done to learn more.

    • @AustinReid09
      @AustinReid09 Год назад +1

      @@AnthonyHart34 I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look her up and send her a message. You've truly motivated me. God's blessings on you

  • @Trashpanda66
    @Trashpanda66 10 месяцев назад

    I am relatively new to investing, and ive never realized the immense impact that the growing dividend rates are making.

  • @TheDividendInvestorCPA
    @TheDividendInvestorCPA Год назад +7

    Great video - The compounding effect of dividends cannot be underestimated 👍

  • @gilbertomata5253
    @gilbertomata5253 8 месяцев назад

    1860 shares of SCHD are 30% of my portafolio, I am working to create the snowball month after month

  • @zackalali5853
    @zackalali5853 Год назад +5

    Great video ! I’m adding 20 shares of SCHD every month to my portfolio .. I just set it and forget it .

  • @QUINTUSMAXIMUS
    @QUINTUSMAXIMUS Год назад

    Since the market was looking bad, I took advantage and sold one stock and took a tiny profit and added to a dividend stock. Well, towards to two of them because I need faster compounding.

  • @kelbenjamin
    @kelbenjamin Год назад +23

    Beautiful and well explained. I'd also like to add that the US stock and real estate market is something everybody should exploit. There's a lot of potential and I am seriously considering going into one of them. I have been confused on the better option and where and how to go about this. It's becoming too much of an opportunity to pass on.

    • @ThenjiweSiyabonga
      @ThenjiweSiyabonga Год назад +1

      Why not both? You should always remember to diversify your investments given the state of the US economy. Avoid putting all of your eggs in one basket. I have worked in real estate for as long as I can remember, and late last year, using only stocks, I earned my first million dollars (I hired a professional because I also don't live in the United States).
      In addition, I try out a few other things. It's hard to believe that I first resisted exploring new options.

    • @Danielucas17
      @Danielucas17 Год назад

      stocks are your best bet atm, the housing market is currently a mess...

    • @ThenjiweSiyabonga
      @ThenjiweSiyabonga Год назад

      @JacobMikaelson_ Yeah, I use one but that's cos I'm not so knowledgeable in the field and I battle with time constraints. Not really sure I'm permitted to go into details here, but mine is Eric Thomas Witt, and you could possibly find more through a quick search.

    • @kelbenjamin
      @kelbenjamin Год назад

      @@ThenjiweSiyabonga Thank you for sharing this. I took the time to Google the individual you mentioned, and after reviewing his resume, it is evident that he is a seasoned professional. I have reached out to him and am eagerly awaiting his response.

  • @davidwysocki1004
    @davidwysocki1004 Год назад +6

    Great video presentation, Mark, that all investors should watch.

  • @xxIndridcold99xx
    @xxIndridcold99xx Год назад

    Addded 35 shares of BMY today

  • @leonelcarvalho4465
    @leonelcarvalho4465 Год назад

    I’m buying dividends growth ETFs like DGRO and IQDG. I think that is a good strategy.

  • @Biz005
    @Biz005 Год назад +1

    Awesome video, thanks Mark!

  • @ivanisization
    @ivanisization Год назад +1

    Great work, just started investing. Thank you for sharing

    • @MarkRoussinCPA
      @MarkRoussinCPA  Год назад

      Awesome, good luck on the journey and feel free to reach out if you ever are interested in my 6-week Investing Accelerator course.

  • @Trashpanda66
    @Trashpanda66 10 месяцев назад

    Is 12% annual dividend growth realistic? That just seems like a big hike year over year

  • @Chris-wk8nu
    @Chris-wk8nu Год назад

    I know what calculator that is, when you go up to 20 years, and beyond, it’s crazy returns.

  • @prasadbanerjee5846
    @prasadbanerjee5846 Год назад +2

    Thank you very much Mark highly appreciated for your honest and practical thoughts of investment in dividend stocks and also re investing the dividend income and buy more stocks . specially when investing in BLUE CHIP STOCKS, ETF, and S&P 500 INDEX. It’s always Win Win method.

  • @Betterbetr
    @Betterbetr Год назад

    mark can you post SCHD or 10 20 30 year dividend snowball examples ? we all like to see this content

  • @airnite7527
    @airnite7527 Год назад +1

    Thank you Mark, I've never really looked into yield on costs but I see it in my account .

  • @antoniosamson8939
    @antoniosamson8939 Год назад +3

    Great video, Mark. Can you do a similar spreadsheet for SCHD, with an initial investment of 50K for ten years? I would appreciate it. Where can I get the formula for this spreadsheet? Thanks

    • @MarkRoussinCPA
      @MarkRoussinCPA  Год назад

      Yes, I recently did one on SCHD. ruclips.net/video/IrGkATCWA0Y/видео.html

  • @YarnellCrew
    @YarnellCrew Год назад

    Is dividend investing something I should even think about at age 53?
    And if you did start his late in life would you suggest investing in just one like Apple for example or over several different ones.
    I ask because I don't have 10K to start, I would need to do something like start at $100 to $200 a month but could do this every month for the foreseeable future?
    Is this something I should consider or no?

    • @TheYaq
      @TheYaq Год назад

      Uhm not being rude be the bad thing is the age
      And it always depends how much cash you have right now
      And how much money you need for the retirement
      Many ppl do first growth stocks and then later dividend stocks for the retirement
      But if you start from 0€ at the age of 53 its hard to tell

  • @robertclarkson6064
    @robertclarkson6064 Год назад +1

    Thank you 💪

  • @agj3358
    @agj3358 Год назад +1

    Annual double digit share and dividend growth is crazy. We need real examples. Home Depot is likely an outlier. How about some etfs?

    • @MarkRoussinCPA
      @MarkRoussinCPA  Год назад +1

      So I give a real life example like you ask and then we say that is an outlier?? LOL

  • @troyholston375
    @troyholston375 Год назад +1

    What about the taxes?

    • @MarkRoussinCPA
      @MarkRoussinCPA  Год назад

      Taxes could or could not play a role depending on the account you hold your positions in.

  • @JoeFromSomewhere2303
    @JoeFromSomewhere2303 Год назад +1

    Whyre you removing your DRIPed shares from your YOC calc?
    First Ex:
    Initial cost= $10,000
    Dividend in year 10 = $1,079.24.
    Yield on cost = 10.79%
    Youve listed an 8.32% yield on cost. Which is taking the annual dividend in year 10 and multiplying by only the original 200 shares before dividing by 10,000. Would make sense to do that if not DRIPing IMO.

    • @MarkRoussinCPA
      @MarkRoussinCPA  Год назад +1

      Great catch, formula error, which makes our YOC even BETTER

    • @JoeFromSomewhere2303
      @JoeFromSomewhere2303 Год назад

      @MarkRoussinCPA Exactly! Gotta have the DRIP on for best results! 2.6% better YOC with DRIP vs without.

  • @LookNowLookBackNinja
    @LookNowLookBackNinja Год назад +3

    Brother thank you for the video. But has anyone ever told you that you look like Elon Musk?

    • @MarkRoussinCPA
      @MarkRoussinCPA  Год назад +1

      Hahaha definitely, but then I tell them to check my Net Worth and they quickly know I am not hahaha. Thanks for watching!

    • @LookNowLookBackNinja
      @LookNowLookBackNinja Год назад +1

      @@MarkRoussinCPA Haha, well brother through the power of compounding hopefully we'll be able to retire earlier than him.

  • @MarkRoussinCPA
    @MarkRoussinCPA  Год назад

    The Power of Compounding Dividends cannot be denied.
    If you are ready to get off the sidelines and start learning how you can become your own Money Manager, then head over to RoussinFinancial.com to sign up for my 6-week Investing Accelerator course.
    - 6 weeks of content
    - 60 minutes sessions
    - 1 on 1 instruction with me
    - Educational and empowering
    Sign up today! RoussinFinancial.com

  • @paulsypersma7165
    @paulsypersma7165 Год назад

    taxes man,how do i handle 50 percent.

  • @The_Money_Chronicles
    @The_Money_Chronicles Год назад +1

    Great Video :)

  • @musicbykenny8218
    @musicbykenny8218 Год назад +1

    No video has convinced me about dividends, without the actual stock going up, as well.
    I may as well put my money in a high yield savings account, if the stock I'm investing in doesn't go up.
    If the stock goes up, the dividends are nice to have, but I really don't need it.
    Your Thoughts.

    • @MarkRoussinCPA
      @MarkRoussinCPA  Год назад

      Obviously you want the stock to go up and dividends are just part of the TOTAL RETURN equation for a dividend stock.

    • @truckingmoney485
      @truckingmoney485 Год назад

      Go play around with portfolio visualizer put in a stock with say a 5% yield that actually goes down over a 20 year period. Despite the fact that the stock went down in value over time your account will still increase in value . If that doesn’t convince you of dividends nothing will.

  • @noel3700
    @noel3700 6 месяцев назад

    And then the stock tanks 30% and you lose years of compound interest