Free stocks in the description - hope you find this free course on dividend stocks valuable!! And please be aware of any impersonators/scammers in the comments pretending to be me. -Charlie
I have Robinhood and Webull cash accounts and want to make a moomoo account but it will only let me do a margin account. Why is that? Doesn’t that make it to where I could end up owing them money even if I don’t do credit? That’s what the terms made it seem like…like they could lend out my securities. I’m not sure I want them to be able to do that. Could you give me some more info on this?
The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. $52k dividends received in 2022.
I agree! That's why it is advisable that you have to invest while you still have a regular job or earning a regular income, and do it constantly. You still need to have something that will keep you going even if you're investing. Good financial planning and money allocation is the key.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or when ever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That’d be enough to create a portfolio that would pay you between $50k to $70k in dividend income
Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional
You are right! I’ve diversified my portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Finding financial advisors like Sharon Marissa Wolfe who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thanks for sharing. I searched for her full name, found her website immediately, reviewed her credentials, and did my due diligence before reaching out to her.
Investing in a stock may look straightforward, but choosing the right stock without a proven technique can be difficult. I've been attempting to grow my $210,000 portfolio for a while, but the largest impediment is a lack of defined entry and exit strategy. Any input on this matter would be highly appreciated.
The strategies are rigorous for the regular person. In fact, they are primarily executed successfully by professionals who possess a great deal of expertise and knowledge to carry out such trades effectively.
Some individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
I conducted an online search for her complete name and located her page. Subsequently, I reached out via email to schedule a meeting for a discussion; I am now awaiting her response.
My dividend journey began when I realized that two particular expenses in my budget were always going to go up and never go down. The two expenses were taxes and insurance. I realized that the dramatic rise in both will need some added income. So, I started buying shares paying dividends. I can now see that this will be the path I need to take to make sure those two expenses will not overtake my future income.
For beginners, self-education is crucial; learn the basics of investing through online resources like books and courses. Diversify your portfolio across stocks and sectors to reduce risk, and research thoroughly before making investment decisions.
I`m new to the stock market. Every stocks that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the opportunities so far. I believe having $450K yearly income would be a good investment so I want to plug all my savings into the market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good asset to buy and losing all the good opportunities.
I usually go with registered representative; Christopher David Pecktol, He provides a more grounded approach, looking at factors like market demand, regulatory changes, and adoption trends. This approach enable to make informed decisions rather than solely relying on emotional market dynamics
I sometimes use my ETFs to buy dividend and growth stocks for diversification instead of reinvesting in the same place. To each their own methods though. The good thing is that you’re investing in the first place and that’s what’s important. Salute for the content!
Or better yet, have one.. For several years, I've been in touch with a coach, mostly because I lack the depth of understanding and mental toughness to deal with the ongoing market conditions. You lack the information necessary to succeed in a competitive market, not because you're doing anything wrong, but rather because of your lack of experience.
I needed this... Im 19 years old and im building up a portfolio- and this channel/content has helped me more than anything i've ever been taught in school or from a boring 9-5 job! I really appreciate those like you, Charlie, who pass on wisdom and genuinely want to see people succeed and build wealth that will stay for generations to come!
Although dividends are fantastic, they only work well as a passive income source if you own more than 20,000 to 25,000 shares of a high-yielding firm. In other words, you probably need to invest a few hundred thousand dollars, if not more, in it. Reinvesting dividends back into the same stock does, in fact, compound interest, but you won't truly realise the benefits until after 20 years of continuous investment, and you'll probably need to add more money on top of that, so it will take time and money. In my opinion, if you were to acquire a million dollars at some point, that would be sufficient to build a portfolio that would yield dividend income of between fifty and seventy thousand dollars.
It's not hard, but you have to become used to handling it. Moreover, you might want to reconsider making independent investments if you are unable to manage your house. If so, instead of placing your bets on penny stocks, you ought to work with a CFP to help you diversify your assets by adding ETFs, index funds, mutual funds, and stocks of businesses with reliable cash flows.
I’m a contractor, and my job doesn’t permit me the time to properly analyze my holdings/evaluate stocks myself, so I’ve had a fiduciary actively restructuring my portfolio for the past 7 years now to match the present market condition and that’s how I’ve been able to stay afloat, knowing when to buy and sell…maybe you should do the same.
The power of DGI is real and instead of gambling money in the market, it is wiser to build a rock solid dividend portfolio. Will is take some time to build, yes, BUT like anything in life great things take time. Started in 2019 with nothing and now my portfolio just hit a little over $109k today… the snowball only continues to roll…
Trying to anticipate a change in the market will tend to go wrong more times than it goes right. Remember, market can remain irrational longer than you can remain solvent. if the market is ranging, trade the range and if the market is trending you should as well trade the trend.
You are correct but do not wish your portfolio bad yet, everyone is happy about the stock so hopefully it continues that way, for me I am tired of losing. But were you able to achieve all that given that the market has being a mess most of the year?
@@gilispolls3572 Even the best investors lose money when the market is down or when they make a decision that doesn’t turn out as hoped. But, overall investing should increase your net worth considerably, mine was not doing that I had to hire *’Laura* *Adams* *Goodman’* who helped me understand what I was doing wrong and evident positive changes took place.
I usually would not take advises online but i curiously looked this Laura up and scheduled a phone call with her. she seems proficient and well-grounded.
Thank you so much for these courses. Can you please do more videos on how to research a company, getting news on them, what to watch out for, how to find charts/ consumer sentiments things like that? Thank you. I truly appreciate you providing these for free.
Great Video! I started investing in dividends stocks some years back Bought REIT's Started reading about investing Diversified my portfolio (emphasis on diversified) Bought ETF's Continue reading Holding my ETF's Keep learning, keep growing!
Dividends are what got me into investing in the stock market. The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. Have over $600K in my portfolio as I bought a lot of dividend stocks before, I'm buying more now, and I will buy more when it drops further.
the idea of a coach might sound generic or controversial to a few, but a new study found that demand far portfolio coaches skyrocketed by over 41.8% since the pandemic and based on firsthand encounter, I can say for certain their skillsets are topnoich, I've raised over $500k from an inilially stagnant reserve of $140K all within a year
It's always beneficial for a noob in the market to hear from someone who has experienced all the bad times and overcome them. Seeing your portfolio turn from green to red might be unsettling, but as previously said, if you have made investments in reputable companies, you should stick with them and keep adding to them.
I had lots of bad investment experiences building a portfolio after an ex-colleague convinced me into stock trading and investments as profitable alternative sources of income. Unfortunately, I have been down ever since. Next time, I will spend my money on myself first before considering whether I will invest or not.
@@davewong4783 I’m in a similar fix too. Hopefully, the market revives soon. Please, where can I check ROIC, market caps, comprehensive flows e.t.c And again, can you say a pro to hire or work with?
@@davewong4783 wow I know this little lady. Once attended a seminar she was also in attendance in Vienna,, Great speaker with a funny accent,, She's American though, I doubt she works with foreigners,,,
@@dannywalters958 This right here is the second time I am coming across this name in a week. Came to my school for a program and it was lit and yes, she has a really cute southern accent.
This video is going to help so many people. Dividend investing can really pay off in the long run, and the earlier you get started the better! Great video Charlie.
Hi Charlie, Will this approach also work for a new investor with about 250k or more hoping to create a start up portfolio? Please how would you advice they go about it? It's all reliable advice that I'm searching for.
you need a certified financial planner straight up! personally, I invest in ETF's and also love investing in individual stocks. yes it’s riskier but am comfortable in my financial environment
i agree. Based on personal experience working with a financįal advlsor, I currently have $2 million in a well-diversified portfolìo that has experienced exponential growth from when i started. It's not only about having money to invest in stõcks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
She goes by ‘’Jessica Annabelle Rupp’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
insightful comments, very much appreciated.. just came across the consulting page of Jessica Annabelle Rupp after inputting her full name on the web, super impressed with what i've seen so fa
My advice for dividend investors is to save for a bigger investment if you really want to retire off dividends, My major picks are SCHD and TSLA and a few more that i can't mention because my FA Olivia Rene Reyes is really strict on discretion, anyway i digress, You can't expect to make a million from a thousand dollar investment that's where most people get it wrong, It's not a lottery!! Make realistic investments!! People say it's good to be greedy while investing..Yes, i agree but there's a difference between being greedy and being delusional haha. For example last year I invested 80k in stocks and made about 246k, but guess what? I put it all back and traded with her again and now I'm rounding up close to a million.
The key is to regularly make your own contributions to your portfolio over time, not to rely on dividends for it to grow, at least until you have about 1.5 million in your brokerage account
Considering how volatile the stock market is right now, I think investors should focus on cheap stocks. Of my $270k portfolio, 35% consists of formerly well-regarded stocks that are currently experiencing a sharp decrease. I have no idea how to escape this awful circumstance.
Dividends are a great thing, but they’re only really effective for passive income when you either have somewheres over 20 to 25 thousand shares of a high yielding stock. Meaning you likely need to have a few hundred thousand if not more invested in it. Re-investing dividends back into the same stock certainly does snowball with compound interest, but you only really start seeing it after 20 years of never stopping and likely needing to add additional money of your own with it….so it’ll be time consuming and costly. The way I see it if you have a million dollars at some point, that’d be enough to create a portfolio that would pay you between 50 to 70 thousand in dividend income
It's not difficult, but you have to learn and handle. Another thing is that if you can't manage your home, maybe you shouldn't invest on your own. If so, you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows, rather than betting on penny stocks.
I’m a contractor, and my job doesn’t permit me the time to properly analyze my holdings/evaluate stocks myself, so I’ve had a fiduciary actively restructuring my portfolio for the past 7 years now to match the present market condition and that’s how I’ve been able to stay afloat, knowing when to buy and sell…maybe you should do the same.
Doing the calculations on expenses ratio. That eats up a lot of your dividend income. For example, SCHD says in their summary prospectus that for every 10k invested, after 10 years, you will be paying 77 dollars. So, if you have one million dollars invested, you will be paying 7,700k a year to keep your money invested with them.
Biggest lesson i learnt in 2023 in the stock market is that nobody knows what is going to happen next, so practice some humility and low a strategy with a long term edge.
Despite the fact that I invest, I am saddened by my inability to evaluate each company's performance and determine whether or not this is the ideal time to purchase stocks. My monetary stockpile is being depleted by inflation. At this stage, I need accurate market trajectory data, but I'm not sure what to do.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
This was a great video - full of common-sense advice on traps to avoid! I wish I saw this two years ago. I would be interested in seeing your other videos.
I am new to stock market and learning. I have a genuine question. Rather than investing in individual high dividend stock, i am investing in VYM, vanguard high dividend ETF Which has dividend yield around 3.11% , but if I keep same amount in high yield savings account then i can get more than 4% interest. So i feel it is better to keep money in HYSA for now. Please correct me if i am making a mistake. Thank you.
You either do not know or else misunderstand that good dividend bearing stocks tend to increase dividends paid over time. High dividend stocks tend to be less able to increase dividends paid. Conclusion: you end up with more money over long periods of time by finding companies which regularly raise their dividend.
I came across your channel through this video-case studies are incredibly valuable, and I'm eager to see more in the future! Building wealth involves establishing routines, like consistently setting aside funds at regular intervals for smart investments.
You're correct. I think the smartest way to go is to spread out your investments. By putting your money into different asset classes like bonds, real estate, and stocks from other countries, you can lower the risk if one part of the market goes bad.
That sounds like a good plan. In the past two years, working closely with a financial market specialist, I've built a six-figure diversified stock portfolio. Now, I aim to diversify even more this year.
Talking about a financial market specialist, do you consider anyone worthy of recommendations? I have about 100k to test the waters now that large cap stocks are at a discount... Thanks
NICOLE ANASTASIA PLUMLEE is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
I’m a god of devaluation, I buy it and it goes down! Why I can't make earnings is beyond me. It can be annoying how volatile the market is. How can I ride this fresh wave of all-time highs without getting burned again with $450k set aside to get fully invested this year?
What’s your take on Robinhood? I’ve been buying etfs, index and stock. I’ve never sold or traded any of these as I’m in for long term investment. my question is am I exempt from taxes if I don’t sell or trade?
Someone please keep it real. 100$ in a dividend portfolio is a start yes . But the video title should include you need more than 100k to actually notice a difference.
Is there an investment platform where I can manage multiple REAL portfolios from one account, like if I wanted to make portfolios for my kids? (Moomoo customer service told me their multiple portfolios are for paper practice, not actual real portfolios)
Hi Charlie. I'm leaving my Walmart job for a much higher paying job with crazy over time. But I never had a Roth Ira before and I still have an outstanding 401K loan. What are my options? I am told they will take my money owed right out of my 401K vested balance and it will be a taxable event. There is nothing I can do since I can't pay it off. I'm told since I'm switching companies they will take the funds owed right out of my balance. Any thoughts?
Dividend stock is most effective when approached with a long-term perspective. While dividends can provide immediate income, the true power lies in the compounding effect over many years. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
This is definitely considerable! think you could suggest any professional/advlsors i can get on the phone with? i'm in dire need of proper portfollo allocation
My CFA NICOLE ANASTASIA PLUMLEE 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..
Love how you simplified everything and made it easy to understand step by step. This is my first time learning this and I decided to make a difference in my life by diversifying my sources of income. Thank you Charlie!
Global stocks headed for their biggest weekly decline in more than three months. European shares fluctuated, with a record 36% drop in Siemens Energy AG’s shares after a profit warning dragging on the broader market. US index futures fell. According to chief economist at UBS Global Wealth Management “Financial markets have had one of those switches in the narrative that happen occasionally, and are starting to worry about higher interest rates driving recessions,” I'm still at a crossroads deciding if to liquidate my $300k stock portfolio, what’s the best way to take advantage of the market?
Don't invest in dividends because you end up paying tax. Please don't put your Roth IRAs into dividends because it slow growth. Instead invest in spy 500, voo which averages a 7-12% return and 1.65% dividend. Learn how to read the chart for a swing trade on your Roth IRA account. Roth IRA swing trades are the best if you know how to read charts and average losses.
Personally, I sometimes use my dividends to buy other dividend and growth stocks for diversification instead of reinvesting in the same stock. To each their own methods though. The good thing is that you’re investing in the first place and that’s what’s important.
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks. I believe having 150K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn to invest or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities.
With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio.
The strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
Thanks, I merely looked her up on Google and was highly impressed by her credentials; I got in touch with her because I need all the help I can get. I just set up phone call.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs Katherine Flores.
I am new to this they say Sp500 picks different stocks but than they say pick Cocal cola but wouldn’t Sp500 be part of it I am so confused ? Can you help me please I want to pick three dividend stocks on Robin Hood and everyday add money
With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio
Free stocks in the description - hope you find this free course on dividend stocks valuable!!
And please be aware of any impersonators/scammers in the comments pretending to be me.
-Charlie
How do I invest?
I have Robinhood and Webull cash accounts and want to make a moomoo account but it will only let me do a margin account. Why is that? Doesn’t that make it to where I could end up owing them money even if I don’t do credit? That’s what the terms made it seem like…like they could lend out my securities. I’m not sure I want them to be able to do that. Could you give me some more info on this?
Was wondering if you could post a example list of penny Stocks that pay dividends?? Or at least comment on them
Ty !❤❤
The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. $52k dividends received in 2022.
I agree! That's why it is advisable that you have to invest while you still have a regular job or earning a regular income, and do it constantly. You still need to have something that will keep you going even if you're investing. Good financial planning and money allocation is the key.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
How can I reach this person?
'Carol Vivian Constable’ maintains an online presence. Just make a simple search for her name online.
I checked Carol up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response.
I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or when ever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That’d be enough to create a portfolio that would pay you between $50k to $70k in dividend income
Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional
You are right! I’ve diversified my portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Finding financial advisors like Sharon Marissa Wolfe who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thanks for sharing. I searched for her full name, found her website immediately, reviewed her credentials, and did my due diligence before reaching out to her.
Investing in a stock may look straightforward, but choosing the right stock without a proven technique can be difficult. I've been attempting to grow my $210,000 portfolio for a while, but the largest impediment is a lack of defined entry and exit strategy. Any input on this matter would be highly appreciated.
The strategies are rigorous for the regular person. In fact, they are primarily executed successfully by professionals who possess a great deal of expertise and knowledge to carry out such trades effectively.
Some individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
That make a lot of sense; unlike us, you seem to have the market sorted out. Who's guiding you?
I conducted an online search for her complete name and located her page. Subsequently, I reached out via email to schedule a meeting for a discussion; I am now awaiting her response.
Hi try watching felix and friends on youtube. He explains the tools he uses for day trading trends
My dividend journey began when I realized that two particular expenses in my budget were always going to go up and never go down. The two expenses were taxes and insurance. I realized that the dramatic rise in both will need some added income. So, I started buying shares paying dividends. I can now see that this will be the path I need to take to make sure those two expenses will not overtake my future income.
For beginners, self-education is crucial; learn the basics of investing through online resources like books and courses. Diversify your portfolio across stocks and sectors to reduce risk, and research thoroughly before making investment decisions.
I`m new to the stock market. Every stocks that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the opportunities so far. I believe having $450K yearly income would be a good investment so I want to plug all my savings into the market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good asset to buy and losing all the good opportunities.
I usually go with registered representative; Christopher David Pecktol, He provides a more grounded approach, looking at factors like market demand, regulatory changes, and adoption trends. This approach enable to make informed decisions rather than solely relying on emotional market dynamics
Okay that makes sense! Could you please provide me with Christopher Pecktol info. Thanks!
He's mostly on Telegrams, using the user name
I sometimes use my ETFs to buy dividend and growth stocks for diversification instead of reinvesting in the same place. To each their own methods though. The good thing is that you’re investing in the first place and that’s what’s important. Salute for the content!
Or better yet, have one.. For several years, I've been in touch with a coach, mostly because I lack the depth of understanding and mental toughness to deal with the ongoing market conditions. You lack the information necessary to succeed in a competitive market, not because you're doing anything wrong, but rather because of your lack of experience.
That does make a lot of sense, I'd love to sit back and have someone who has the Market figured out guide my decisions. Who is this consultant?
‘Sonya Lee MItchell’ is the CFA I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I searched and found her page, emailed and made an appointment to talk with her. Hopefully, she gets back to me.
I needed this... Im 19 years old and im building up a portfolio- and this channel/content has helped me more than anything i've ever been taught in school or from a boring 9-5 job! I really appreciate those like you, Charlie, who pass on wisdom and genuinely want to see people succeed and build wealth that will stay for generations to come!
You're starting so young which is inspirational!! Keep it up
Wow! Like Charlie said, I’ll add that you’ve already won half the battle because of investing at 19 years old. That’s amazing in itself, keep it up.
We love to hear it man, keep soaking in wisdom. 🖤
Open a Roth IRA, that’s the first thing you need to do
how are you doing a year later? what do u invest in
Although dividends are fantastic, they only work well as a passive income source if you own more than 20,000 to 25,000 shares of a high-yielding firm. In other words, you probably need to invest a few hundred thousand dollars, if not more, in it. Reinvesting dividends back into the same stock does, in fact, compound interest, but you won't truly realise the benefits until after 20 years of continuous investment, and you'll probably need to add more money on top of that, so it will take time and money. In my opinion, if you were to acquire a million dollars at some point, that would be sufficient to build a portfolio that would yield dividend income of between fifty and seventy thousand dollars.
It's not hard, but you have to become used to handling it. Moreover, you might want to reconsider making independent investments if you are unable to manage your house. If so, instead of placing your bets on penny stocks, you ought to work with a CFP to help you diversify your assets by adding ETFs, index funds, mutual funds, and stocks of businesses with reliable cash flows.
I’m a contractor, and my job doesn’t permit me the time to properly analyze my holdings/evaluate stocks myself, so I’ve had a fiduciary actively restructuring my portfolio for the past 7 years now to match the present market condition and that’s how I’ve been able to stay afloat, knowing when to buy and sell…maybe you should do the same.
Could you kindly elaborate on the advisor's background and qualifications?
‘Vivian Carol Gioia’ is the CFA I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I searched and found her page, emailed and made an appointment to talk with her. Hopefully, she gets back to me.
The power of DGI is real and instead of gambling money in the market, it is wiser to build a rock solid dividend portfolio. Will is take some time to build, yes, BUT like anything in life great things take time. Started in 2019 with nothing and now my portfolio just hit a little over $109k today… the snowball only continues to roll…
Trying to anticipate a change in the market will tend to go wrong more times than it goes right. Remember, market can remain irrational longer than you can remain solvent. if the market is ranging, trade the range and if the market is trending you should as well trade the trend.
You are correct but do not wish your portfolio bad yet, everyone is happy about the stock so hopefully it continues that way, for me I am tired of losing. But were you able to achieve all that given that the market has being a mess most of the year?
@@gilispolls3572 Even the best investors lose money when the market is down or when they make a decision that doesn’t turn out as hoped. But, overall investing should increase your net worth considerably, mine was not doing that I had to hire *’Laura* *Adams* *Goodman’* who helped me understand what I was doing wrong and evident positive changes took place.
I usually would not take advises online but i curiously looked this Laura up and scheduled a phone call with her. she seems proficient and well-grounded.
What do u think about cash app
im starting at 16 so I can get ahead than the other kids partying and doing drugs
Good luck 😁👍🏾
And stirring the tuna. Good job !
Wish I had this at 16,you got a good head on your shoulders
This mf gon be partying at 50
you can still party man. But dont do drugs.
Thank you so much for these courses. Can you please do more videos on how to research a company, getting news on them, what to watch out for, how to find charts/ consumer sentiments things like that? Thank you. I truly appreciate you providing these for free.
Agreed, Charlie is one of those RUclipsrs I love to watch.
Great Video! I started investing in dividends stocks some years back
Bought REIT's
Started reading about investing
Diversified my portfolio (emphasis on diversified)
Bought ETF's
Continue reading
Holding my ETF's
Keep learning, keep growing!
recommendations for good books?
Dividends are what got me into investing in the stock market. The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. Have over $600K in my portfolio as I bought a lot of dividend stocks before, I'm buying more now, and I will buy more when it drops further.
the idea of a coach might sound generic or controversial to a few, but a new study found that demand far portfolio coaches skyrocketed by over 41.8% since the pandemic and based on firsthand encounter, I can say for certain their skillsets are topnoich, I've raised over $500k from an inilially stagnant reserve of $140K all within a year
It's always beneficial for a noob in the market to hear from someone who has experienced all the bad times and overcome them. Seeing your portfolio turn from green to red might be unsettling, but as previously said, if you have made investments in reputable companies, you should stick with them and keep adding to them.
I had lots of bad investment experiences building a portfolio after an ex-colleague convinced me into stock trading and investments as profitable alternative sources of income. Unfortunately, I have been down ever since. Next time, I will spend my money on myself first before considering whether I will invest or not.
@@davewong4783 I’m in a similar fix too. Hopefully, the market revives soon. Please, where can I check ROIC, market caps, comprehensive flows e.t.c And again, can you say a pro to hire or work with?
My portfolio has been down by 40% but for some reasons, I'm not bothered about it.
@@davewong4783 wow I know this little lady. Once attended a seminar she was also in attendance in Vienna,, Great speaker with a funny accent,, She's American though, I doubt she works with foreigners,,,
@@davewong4783 Thank you
@@dannywalters958 This right here is the second time I am coming across this name in a week. Came to my school for a program and it was lit and yes, she has a really cute southern accent.
This video is going to help so many people. Dividend investing can really pay off in the long run, and the earlier you get started the better! Great video Charlie.
Thanks Spencer!
Do dividend stocks grow faster than inflation?
@DerekPK depends on the company dude. That's such an open question lol
Hi Charlie, Will this approach also work for a new investor with about 250k or more hoping to create a start up portfolio? Please how would you advice they go about it? It's all reliable advice that I'm searching for.
you need a certified financial planner straight up! personally, I invest in ETF's and also love investing in individual stocks. yes it’s riskier but am comfortable in my financial environment
i agree. Based on personal experience working with a financįal advlsor, I currently have $2 million in a well-diversified portfolìo that has experienced exponential growth from when i started. It's not only about having money to invest in stõcks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
She goes by ‘’Jessica Annabelle Rupp’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
insightful comments, very much appreciated.. just came across the consulting page of Jessica Annabelle Rupp after inputting her full name on the web, super impressed with what i've seen so fa
My advice for dividend investors is to save for a bigger investment if you really want to retire off dividends, My major picks are SCHD and TSLA and a few more that i can't mention because my FA Olivia Rene Reyes is really strict on discretion, anyway i digress, You can't expect to make a million from a thousand dollar investment that's where most people get it wrong, It's not a lottery!! Make realistic investments!! People say it's good to be greedy while investing..Yes, i agree but there's a difference between being greedy and being delusional haha. For example last year I invested 80k in stocks and made about 246k, but guess what? I put it all back and traded with her again and now I'm rounding up close to a million.
Consistently investing in quality dividend paying companies over the long term is a relatively easy strategy to create generational wealth.
out of curiosity I did read about Olivia Rene Reyes on the web, she has a great resume.
i'm happy there are lots of people doing so well...Love this channel for the transparency
i made my focus on looking at investing from a long term perspective and watching it compound
The key is to regularly make your own contributions to your portfolio over time, not to rely on dividends for it to grow, at least until you have about 1.5 million in your brokerage account
Considering how volatile the stock market is right now, I think investors should focus on cheap stocks. Of my $270k portfolio, 35% consists of formerly well-regarded stocks that are currently experiencing a sharp decrease. I have no idea how to escape this awful circumstance.
Dividends are a great thing, but they’re only really effective for passive income when you either have somewheres over 20 to 25 thousand shares of a high yielding stock. Meaning you likely need to have a few hundred thousand if not more invested in it. Re-investing dividends back into the same stock certainly does snowball with compound interest, but you only really start seeing it after 20 years of never stopping and likely needing to add additional money of your own with it….so it’ll be time consuming and costly. The way I see it if you have a million dollars at some point, that’d be enough to create a portfolio that would pay you between 50 to 70 thousand in dividend income
It's not difficult, but you have to learn and handle. Another thing is that if you can't manage your home, maybe you shouldn't invest on your own. If so, you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows, rather than betting on penny stocks.
I’m a contractor, and my job doesn’t permit me the time to properly analyze my holdings/evaluate stocks myself, so I’ve had a fiduciary actively restructuring my portfolio for the past 7 years now to match the present market condition and that’s how I’ve been able to stay afloat, knowing when to buy and sell…maybe you should do the same.
Could you kindly elaborate on the advisor's background and qualifications?
Doing the calculations on expenses ratio. That eats up a lot of your dividend income. For example, SCHD says in their summary prospectus that for every 10k invested, after 10 years, you will be paying 77 dollars. So, if you have one million dollars invested, you will be paying 7,700k a year to keep your money invested with them.
Now, if you get 30k off of dividends that year, 7,700 is for expense ratio alone. Think about that!!!
Biggest lesson i learnt in 2023 in the stock market is that nobody knows what is going to happen next, so practice some humility and low a strategy with a long term edge.
Despite the fact that I invest, I am saddened by my inability to evaluate each company's performance and determine whether or not this is the ideal time to purchase stocks. My monetary stockpile is being depleted by inflation. At this stage, I need accurate market trajectory data, but I'm not sure what to do.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
Charlie love you this was amazing. 🎉🎉🎉🎉
This was a great video - full of common-sense advice on traps to avoid! I wish I saw this two years ago. I would be interested in seeing your other videos.
I am new to stock market and learning. I have a genuine question. Rather than investing in individual high dividend stock, i am investing in VYM, vanguard high dividend ETF
Which has dividend yield around 3.11% , but if I keep same amount in high yield savings account then i can get more than 4% interest. So i feel it is better to keep money in HYSA for now. Please correct me if i am making a mistake.
Thank you.
You either do not know or else misunderstand that good dividend bearing stocks tend to increase dividends paid over time. High dividend stocks tend to be less able to increase dividends paid. Conclusion: you end up with more money over long periods of time by finding companies which regularly raise their dividend.
I came across your channel through this video-case studies are incredibly valuable, and I'm eager to see more in the future! Building wealth involves establishing routines, like consistently setting aside funds at regular intervals for smart investments.
You're correct. I think the smartest way to go is to spread out your investments. By putting your money into different asset classes like bonds, real estate, and stocks from other countries, you can lower the risk if one part of the market goes bad.
That sounds like a good plan. In the past two years, working closely with a financial market specialist, I've built a six-figure diversified stock portfolio. Now, I aim to diversify even more this year.
Talking about a financial market specialist, do you consider anyone worthy of recommendations? I have about 100k to test the waters now that large cap stocks are at a discount... Thanks
NICOLE ANASTASIA PLUMLEE is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
I wouldn’t be caught dead advertising Robin Hood on my page
Lol
I’m a god of devaluation, I buy it and it goes down! Why I can't make earnings is beyond me. It can be annoying how volatile the market is. How can I ride this fresh wave of all-time highs without getting burned again with $450k set aside to get fully invested this year?
And most importantly, once you have your portfolio set up, DOLLAR COST AVERAGE!! 🔥🔥🔥🔥 Specially if you're a newer investor.
DCA is important, Great point my friend
I’m a new can you help me building my portfolio?
Apple is a Dividend Company and a King in the making, would you call in 5-6 years being the 1st Ever 1T, 2T, and 3T company EVER SLOW?
This video definitely paid dividend over the years to come!
THX CC - You've helped me a lot -
Thank you❤for all your hard work 🇭🇹👏🏾👏🏾👏🏾
Which trading bot do you use to make profits?
Very profitable trades
BITO PROSHARES STRATEGY ETF
Thank you so much for your tips, they were invaluable⭐️⭐️⭐️⭐️⭐️
What trading platform is recommended for these type of stocks?
Any will do…
Based on the way the economy is going with a possible pandemic arising, is it smart to invest in dividend stocks still?
My question is, are the other 2 like robinhood where they own the stock or do we actually own them if we use the other 2
What’s your take on Robinhood? I’ve been buying etfs, index and stock. I’ve never sold or traded any of these as I’m in for long term investment. my question is am I exempt from taxes if I don’t sell or trade?
I would like to know exactly what percent to invest into dividends vs. traditional stock investing or 401k etc. What is a good number?
How do you feel about REITS?
Someone please keep it real. 100$ in a dividend portfolio is a start yes . But the video title should include you need more than 100k to actually notice a difference.
Thank you for this video!
No even after click email no confirmation of sign up
Great work
I love it
Love you chang
Cooool
Solid info thank you
great video! How do I know when my investments have issued dividends?? Is it monthly??
That was Lavelle Crawford....
Is there an investment platform where I can manage multiple REAL portfolios from one account, like if I wanted to make portfolios for my kids? (Moomoo customer service told me their multiple portfolios are for paper practice, not actual real portfolios)
Have you tried M1 Finance? Check it out!
This was so helpful
So I can just open up a brokerage account and have them linked with other ones? Once I start investing on the first one.
Very informative!
So Handsome, so smart, so articulate 😮. Amazing
Hi Charlie. I'm leaving my Walmart job for a much higher paying job with crazy over time. But I never had a Roth Ira before and I still have an outstanding 401K loan. What are my options? I am told they will take my money owed right out of my 401K vested balance and it will be a taxable event. There is nothing I can do since I can't pay it off. I'm told since I'm switching companies they will take the funds owed right out of my balance. Any thoughts?
Dividend stock is most effective when approached with a long-term perspective. While dividends can provide immediate income, the true power lies in the compounding effect over many years. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
This is definitely considerable! think you could suggest any professional/advlsors i can get on the phone with? i'm in dire need of proper portfollo allocation
My CFA NICOLE ANASTASIA PLUMLEE 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..
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
A good video, but he never explained in the video the title of the video.
Love how you simplified everything and made it easy to understand step by step. This is my first time learning this and I decided to make a difference in my life by diversifying my sources of income. Thank you Charlie!
Is fidelity a good investment app to open my individual account ?
Yes
Fidelity is one of the best companies to invest your money with.
What's great about Fidelity is that you can buy with either a dollar amount or a share amount.
Can not sign up for freewbinar as I can a error saying this page supports un secure protocol
do you know mutual funds that pay out dividend ?
Do you have to claim tax on dividend you get?
Within the first 2 minutes the take away is : put yourself out $1000 so you can get $50 a year later....😑 at what point does that start to make sense?
Nice video
I'm still confused, so you put $1k down and get $50 back every year so that's 20 years just to get your money back?
Global stocks headed for their biggest weekly decline in more than three months. European shares fluctuated, with a record 36% drop in Siemens Energy AG’s shares after a profit warning dragging on the broader market. US index futures fell. According to chief economist at UBS Global Wealth Management “Financial markets have had one of those switches in the narrative that happen occasionally, and are starting to worry about higher interest rates driving recessions,” I'm still at a crossroads deciding if to liquidate my $300k stock portfolio, what’s the best way to take advantage of the market?
i live in ireland and i want to buy dividend stock but i don't know how
What is the best app to start building a dividend stock portfolio?
robinhood is the basic free one many many people have
Don't invest in dividends because you end up paying tax. Please don't put your Roth IRAs into dividends because it slow growth. Instead invest in spy 500, voo which averages a 7-12% return and 1.65% dividend. Learn how to read the chart for a swing trade on your Roth IRA account. Roth IRA swing trades are the best if you know how to read charts and average losses.
Personally, I sometimes use my dividends to buy other dividend and growth stocks for diversification instead of reinvesting in the same stock. To each their own methods though. The good thing is that you’re investing in the first place and that’s what’s important.
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks. I believe having 150K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn to invest or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities.
With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio.
The strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
Would you mind recommending a specialist with a variety of investment options? This is extremely rare, and I eagerly await your response
Thanks, I merely looked her up on Google and was highly impressed by her credentials; I got in touch with her because I need all the help I can get. I just set up phone call.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs Katherine Flores.
I'm surprised you know her. I've been making a lot of profits investing with her for a few months now.
Mrs Flores changed my life because of the high profits I got from investing with her.
You invest with Mrs Flores too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
Great video, thank you.
Communicate with ..
Veratti100 ^^
On telegra +
He’s indeed the right man for the job TO MAKE MONEY WITH•••
I am new to this they say Sp500 picks different stocks but than they say pick Cocal cola but wouldn’t Sp500 be part of it I am so confused ? Can you help me please I want to pick three dividend stocks on Robin Hood and everyday add money
S&P500 is an index of 500 companies. And you can buy the companies separately aswell
does app is not available here in Philippines 😭
Look for a brokerage account with your local bank
Brilliant understandable video.
its pronounced DIV-I-DEND, NOT DIVEN
cool
How can i open my own account even if i am still a student?
Are all dividend given out annually or are there monthly ones?
There is some monthly ones
O pays monthly.
Divin?????
I’m 58 years old. Either he is saying dividend wrong or I’m an idiot 💁🏿♂️💁🏿♂️💁🏿♂️💁🏿♂️
I wish you would say dividend...
First
Options carry less risk than stock
Care to explain
انتهي بتعليق في الدولتي لتبعني لأجل ذالك لا نستيحة ولا الحقوق الانسانية ولا عدالتي لتبعني انا اسف وصبر في حالي
Idk what happened to my $100 after I transferred into moomoo so thanks for nothing ig idk
What is a “divin” stock?
Dividend
i need to hear you say dividend correctly at least once
With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio