How Much My Dividend Portfolio Paid Me in November! ($143,000 Account)
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- Опубликовано: 16 июн 2024
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In this video, I go over exactly how much dividend income I made in the month of November. Let me know your thoughts in the comments below!!
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I have $151,000 in my dividend portfolio. I made $662 last month. 😋👍
Nice!!
So one needs roughly 1.5mil invested to receive 6k a month in dividends
Keep going 🎉
Great content! I’m on the same path a year behind you. I love the spreadsheets you have! are all the dividend calendars…monthly and daily automatically filled, or do you do the calculations every month?
I have a google doc setup with live stock prices with calculations for yield, cost on yield, monthly dividend payouts, but that’s as far as I got with projections.
Are there templates online or did you create all from scratch?
They are auto filled! And I built all these sheets from scratch!
@@Dividendology well guess I need to take a class on excel spreadsheet building. I’ve no idea what I’m doing 😆
Youre gonna be at $200k before you know it! Its awesome seeing month or month growth in our portfolios, keep it up man!
Watch unconventionalwealthideas, consistently makes $150k a year off dividends on a 600k account
Great video as always, thanks for the insight! Do you reinvest via drip or you invest the dividends depending on what opportunities you find once you get the dividends?
Quick question as I am fairly new to the channel. I see you are heavily invested in SCHD and much less so in the monthly paying JEPI. Is that because you feel that the dividend growth will be stronger with SCHD? I have a portfolio that is similar in size but a different strategy as I do not need to solely live off of my dividends but merely plan to use it to augment my other income streams. I have been looking at both SCHD and JEPI and was leaning to JEPI because I like the monthly payout as it will balance my monthly income better. I will probably end up investing in both just wondering why you are more heavily into SCHD. Thanks in advance. Really enjoy the content.
JEPI is good for providing immediate dividend income, but you will see little to no growth in the dividend payments and share price over time. The dividend payments from JEPI also fluctuate quite a bit. SCHD will see great share price appreciation and more importantly dividend growth. This means it will provide more dividend income over longer periods of time.
@@Dividendology Thanks for the quick reply. That what I was thinking would be the case.
SCHD is actually quite sold off over the course of past few months. When it recovers your portfolio will look even better.🎉🎉🎉
True!!
Great to see progress like this, can’t wait to get to this position in my portfolio!
Should I do this in my Roth 401(k) or my regular brokerage account and just get a bunch of dividend paying stocks and just pay the taxes on it every year until I get big enough that it pays for my Netflix/utilities? Obviously, I have retirement accounts as well already, but I’m trying to figure out how to draw on dividends sooner rather than later to help with inflation.
It really depends on your goals and timeline
Job well done. It does take time to build a sizable dividend income. It took me 35 years of consistent investing to acqiure 38k in dividends. I started with basically with 39k back in the 1980's. Currently I hold a lot of low paying dividends such as MA, V 7 Costco. I like growth as well. Keep investing.
thanks for the encouragement.
Did you continue investing the whole time or did you just invest 39k 35 years ago?
@@JoeSoCal2303 I started with 39k and added slowly. My annual income never exceeded 70k during my working days.
So interesting. Share more of your investment journey if you don't mind. Balancing the fist of growth potential and dividend income is a struggle for me.
@@JoeSoCal2303 he said it took him 35 years of "consisting" investing so, I imagine he's been adding to his portfolio during those 35 years.
What platform do you use to buy the dividend?
Held AVGO since 2012. Dividend yield on cost is now 70%. Outrageous growth. Very long. Good video.
That’s great! And thank you!
As a retiree, all my money is in Vanguard’s money market paying 5.3%. That is bringing in around $2100/ month with almost no risk. When the percentage drops below 4%, I will then look at other investment options.
What about the growth of the dividends? Are they growing to couneract inflation?
Risk is bad when you’re retired
Hi. Started 2 weeks ago my dividend journey too, inpired by you and Joseph Carlson. One question: how do you invest every month 2.5k? Im from Portugal and we dont earn as much as you in US but 2.5k seems a lot. You dont need to answer but do you have a side hustle or your in a job that pays like 5k/month and you invest 50% of it? Keep up the great work and content. You got this ;D
Hi Pedro, not that it answers your question, but where in Portugal do you live? My wife and I are going to visit Portugal (Lisbon and south) for the second year. Looking to buy a home for future retirement.
But yes, many people I know have a side job, even just. One day a week (like Uber and instant) and invest 100% of the earnings.
@@cwilson6880 Hi Wilson. The minimum wage here is 800€ (900$). Not everyone can Invest like 200$ ONLY with 1 job, so I was asking to know and do it myself (like a SIDE job ou something like that). I also am 23 and finished a week ago my master degree in cybersecurity, so I dont even know what making money is ahah.
It's a good question Pedro. One idea I have been juggling in my mind about creating extra income is selling covered calls on some positions. Just a time efficient idea I had.
Hey, i'm kind of new into dividend investing, i'm looking to invest for the long term and set myself up for the future. The question i have is, if i am up in a position do I sell some shares and take some profits or do I just let it be and go with the flow?
I personally like buying companies that I feel I can buy and hold long term.
In my research with back testing rebalancing annually will give the best returns. Plug your investments into portfolio visualizer and backrest different scenarios to see what would give you the best returns.
Nice portefolio! From the 32 holdings, I would dump some lower quality ones like $MPW, $VZ, even $MMM...
yep, they are on the chopping block
I disagree. VZ is a nice cash cow. I agree with the rest.
@@Mark.remarking the performance of VZ vs the S&P for the past 30 years is dismal. I wouldn't hold VZ in my portfolio.
VZ looks great if you bought it at $30. It was a steal back in October. 20-30% below analyst price estimates. Strong dividend history. It's a solid hold for the next year or so assuming your purchase price was right. I guess that's true with any equity though 😂
What would your annual dividend total be if you just simplified everything and had it all in SCHD. It’s already a well diversified fund. It would be practically the same as your current projected total??
Yeah I feel like there is some redundancy with the individual equities and the ETF.
hi, could you help me with how you got industry to work please. i have been importing from finviz but ever since it changed i can’t figure it out
Great video. Learning a lot as well. Signed up to Seeking Alpha through your link. Have a good weekend. 🤙
Awesome!! Seeking alpha is great. I think you’ll enjoy!!
Hello there, I would like to purchase your spreadsheet but I don’t want to be a PATREON member…is your spreadsheet on Etsy or anywhere else?
Are you using a traditional or Roth?
Nice! Make sure you lock in some of those profits in the event that those companies pull back.
Man i remember the days when you used to have a 13k portfolio… Time flies, keep up the good work mate!
thank you! It's been quite the journey!
@@Dividendology good job I know we both started at the same time and about the same place I know how much hard work that takes 👍
You do know you have to pay taxes on dividend right? Can you please deduct that tax before reinvesting so you don't have to pay out of pocket. It is ok to pay out of pocket for the tax when the dividend income is low but it will become substantial when it reaches higher value.
Your video for long term is not taking into account of that.
Do you ever tempted to sell some at-profit holdings to make a capital gain, like a re-balancing exercise?
There may be instances in the future where it makes sense to do that, but right now I’m simply buying companies at good values that I want to hold long term.
Could you do a DIS stock analysis? With them bringing back their dividend next month, could it be time to finally buy back in to DIS?
Nice idea. I’ll look into it.
Disney is an interesting case of a company that has mismanaged their product almost to the point of ruin. Indiana Jones, Star Wars, Marvel, to name a couple. Personally, I would need to see a confirmation of recovery or some kind of upward trajectory (box office wins or theme park recovery) to envision some kind of growth. But that's just me.😊
Any thoughts on EU or UK stocks, I was thinking of buying BAE systems as well as ING?
Is this in a tax free account or after tax?
Curious to know what your yield is it is a after tax account.
Great video, very motivating!
:9.19 how do you get 5 usd from 270 usd worth of shares. thats 5 shares only?
but going back to may 2022 when share price was 70 usd thats barely 4 shares.
Question: Could you do a video to clarify how do you continue to reinvest and keep up with inflation while you live off of those dividends? How do you balance that? It makes no sense. You would fall behind. 😊
And congratulations on how quickly your account is increasing! Been following for about a year :-)😊
Good question! I'll give a quick explanation:
There are two things that play a major role in the compound effect.
1. Reinvesting dividends
2. The stocks you hold increasing their dividend payouts
When you decide its time to live off dividends, obviously that means you will no longer be reinvesting dividends. But if the rate of your dividend increases is higher than the rate of inflation, then you will be able to indefinitely live off dividends. On the other hand, if inflation is high than the rate of your dividend increases, eventually your cost of living will surpass your monthly dividend payments. This is often the problem with high yielding stocks. They typically have low dividend growth rates. So a problem many people have is they think they can live off dividends, but come to realize that their cost of living is increasing, while their dividend payments are not increasing. Dividend growth stocks on the other hand typically increase their dividend payouts at a rate above inflation, making them a very powerful compounding investment!
@@Dividendology hence your focus on dividend growth rates! Thank you. Such an excellent answer :-) I really appreciate it.
You are getting there
Good job!!! Lorenzo from Italy. 👏
Thanks! 😃
Fantastic video's and amazing graphs
Glad you like them!
I just hit my 100k , so I wish i had 143, but I'm hoping I get there fast
Are you holding these in a retirement account or a normal brokerage?
To be fair, by definition, SCHD is reasonably diversified with 102 holdings, so your holdings there is actually the same.
I'll have to spend what I made in dividends this month to get your financial template lol
I’m confused on one thing - when you continue to DRIP and compound, how do you afford the taxes interim? If you were making $20k/yr in dividends but continue to DRIP, you somehow have to afford the taxes on top, right?
Taxes on qualified dividends are really cheap. If your married you can have over 80k in income and not pay any taxes. The top rate is only 20% for those making about 500k or more per year. Your also not paying any social security or Medicare taxes on the dividends.
Hi there, love watching your videos. I am just curious about how you are able to contribute $2500 a month. I am barely able to get by with investing $500 a month and having enough for my other expenses, which I am tracking to spend as little as I can on stuff I do not need. :)
Find ways to increase income without increasing your spending and invest the difference!
I know it sounds silly but that fact that you can invest $500 a month is great! Personally I would invest in SCHD or O (or dividend stock of your choosing) with that $500 a month and let it compound each month. That $500 each month will compound A LOT over 10 years. Than 20 years. And of course we both know over that time you will more than save more than $500 / month so keep up the good work. You’re doing great. Sincerely, some guy on the internet 😀
This is very true!!
Yea I think the additional income beyond our normal job can be intimidating especially for people with busy lives.
But EVERYONE can cut expenses. I have a bunch of memberships I can cancel. I dont go to the gym, why do I support them monthly ;).
And I definitely echo the 500$ a month is no small deal! It's not the same amount you should invest forever but it's a great start! When you get a raise try not to spend it! That's pretty much how I increase my investing on a year by year basis. I also always invest as much of my bonus as I can! Feels like a lump sum for a person that's always DCAing.
I'm at 14k invested in my taxable after about 2.5 years! Slow investing will still get us there! It's already starting to grow by itself and I just need to jump start it by saving more.
That's about all I can swing right now also. I have a small percentage in SOXL and TQQQ and that really boosts my returns. When we have a good rally I bring the percentage back down and buy safer investments like SCHD. JEPI is another good fund to bring in more income every month so you can buy more of whatever is down. I have most everything in M1 finance so I just divide my total investment for the month by how many trading days are left and buy everyday. M1 automatically picks what to buy based on my percentages and what's down that day. I only trim the leveraged funds when rsi on the daily chart is above 75. I don't sell anything else and just let them be because they are safer investments like dividend stocks. I'm currently up about 50% for the year so my strategy is working pretty well. If you can't afford to invest a lot the other way to grow your portfolio faster is to increase returns. 10k with a 50% return only takes 12 years to reach a million. My strategy is called barbell investing if you want to research it yourself.
Don't forget retirement income.
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard.... I’ve been trying to grow my portfolio of $160K for some time now, my major challenge is not knowing the best entry and exit strategies ... This is a very good analysis. i might just jump on this.
Does this work in Excel too?
It’s designed to be used in google sheets, since Google sheets is free for everyone’s use!
do i get access if i pay once to just get a copy?@@Dividendology
t bills pay 5.5%
take a shot everytime he says "portfolio"
Couldn’t you have made more in 2023 by putting that money in a HYSA?
Love the channel . I’m at 22k in only 9 months . Building the portfolio has been awesome. I got along way to go but it’s a fun ride . @dividendology
Nice work!