How to Make $1,000 Per Month in Dividends!

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  • Опубликовано: 15 сен 2024

Комментарии • 398

  • @ChristopherAbelman
    @ChristopherAbelman 2 месяца назад +912

    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.

    • @HildaBennet
      @HildaBennet 2 месяца назад +9

      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.

    • @FinnBraylon
      @FinnBraylon 2 месяца назад +4

      I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured some money in value stocks and digital asset, i accrued over $80K in dividends last year

    • @JosephineKenney
      @JosephineKenney 2 месяца назад +1

      I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you?

    • @FinnBraylon
      @FinnBraylon 2 месяца назад +2

      I have “Sonya Lee Mitchell” as my investment manager. She has a solid reputation when it comes to diversifying portfolios and making. Them less vulnerable to market downturns. She may be a name you are already familiar with from Newsweek.

    • @JosephineKenney
      @JosephineKenney 2 месяца назад +1

      She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

  • @iamdavis012686
    @iamdavis012686 Месяц назад +28

    I’ve been investing in dividend stocks for 5.5 years. It does take a lot of capital, but once you get it rolling, it gets powerful. Currently $315k portfolio cranking almost $1100 a month.

  • @HugoBergmann-lu4nd
    @HugoBergmann-lu4nd 3 месяца назад +674

    I have been a dividend focused investor for a long time. This does not mean I don't own growth stocks, I do. A well rounded portfolio should be a mixture of both categories. One way to minimize the anxiety out of stock market investing, is to make sure you keep a large cash cushion. I invest in the market, but never put all my money in market.

    • @StacieBMui
      @StacieBMui 3 месяца назад +8

      Dividends are dope. 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.

    • @Wellerpage
      @Wellerpage 3 месяца назад +3

      In my opinion, it was much easier investing back in the 60s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.

    • @cowell621
      @cowell621 3 месяца назад +2

      this is incredible! how can I vet your advisor, mind sharing info, if you please?

    • @Wellerpage
      @Wellerpage 3 месяца назад +1

      Finding financial advisors like Sharon Lee Peoples 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.

    • @minfamous5841
      @minfamous5841 3 месяца назад

      I’m just learning this now. Starting small but I will get there

  • @williamsenior717
    @williamsenior717 7 месяцев назад +229

    Be careful I once invested in a company that was paying 12% then their stock fell down 30 % it gave me a life lesson dont run after yields.😂

    • @MrAlbinopapa
      @MrAlbinopapa 4 месяца назад +19

      I understand the pain, but any stock can fall 30%. Netflix fell by more than that a year or two ago. All I'm saying is that it isn't limited to high dividend yields. While your value fell by 30%, dividend investing isn't about the value of your portfolio, it's about the monthly or quarterly income.

    • @HenDuKee
      @HenDuKee 4 месяца назад +42

      This stock he’s looking at is now worth $5 🤦‍♂️

    • @Sgturningpoint
      @Sgturningpoint 4 месяца назад +11

      Running after dividend growth rate is way better.
      It took some years of learning before getting to this, and grateful I did.

    • @robindurham346
      @robindurham346 3 месяца назад

      What stick paid the dividends in the video?

    • @Panda_J1
      @Panda_J1 3 месяца назад +12

      Dividend investors don’t care about growth. Is all about the dividends every month no matter what the stock does

  • @HonestFinance
    @HonestFinance  2 года назад +21

    Hope this helps with some basic math. Enjoy :)
    Watch more dividend videos: Dividend Investing
    ruclips.net/p/PLOmIpJDqCR-I0Iy8QzGmwobNomYdey1Xe

  • @jwanders10
    @jwanders10 Год назад +188

    A more realistic calculation is to use 3% dividend yield in a well diversified dividend portfolio. If you want to be even more conservative, use a 2.5% dividend yield.

    • @Fp30501
      @Fp30501 9 месяцев назад +19

      2.5 is pretty low id say 4%

    • @jwanders10
      @jwanders10 9 месяцев назад

      @@Fp30501 2.5% to be conservative. From my research, it’s difficult to find a lot of established companies that have paid at least 4% dividends diffidence consistently. Yes some do exists, but the point is to diversify and have many companies in a dividend stock portfolio.

    • @TC.._
      @TC.._ 8 месяцев назад +6

      Right I was thinking that. If you had at least 10 stocks that you can see growth, it'll cost less with the same if not more of a ROI.

    • @foodgeek.
      @foodgeek. 6 месяцев назад

      Or not

    • @joshcruz2448
      @joshcruz2448 4 месяца назад

      So basically I would need 4 X the money … I would need 500,000 to make 1,000??? How tf is this dumb ass shit investing. I need a real way I can work my 10k 😢 any tips?

  • @user-3456rtu
    @user-3456rtu Месяц назад +171

    I'm an amateur with a portfolio of 40k but it's hard for me to build confidence. I really want to hit the 100k mark soon. I want to invest another 20k over a one month span, but I want to be strategic about doing it so I can grow more and not stay stagnant. Any stock suggestions?

    • @AlinaNitche
      @AlinaNitche Месяц назад +1

      Not offering any particular advice, but I can assure you that it's not as hard as many people think it is. Ordinary investors lack the requisite level of diligence, so having a financial advisor on board is usually highly beneficial. In the market, this is how people generate enormous profits.

    • @Marthas-r4c
      @Marthas-r4c Месяц назад

      I agree. There's a lot of potential in the market. My friend introduced me to a financial advisor in 2021, and even though I was skeptical, I went on. I finally was making enough monthly dividend to quit my soulless job and pursue my dream to start a restaurant in New Jersey and still earn five figures in monthly dividends.

    • @322dawgg
      @322dawgg Месяц назад

      That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with, please?

    • @Marthas-r4c
      @Marthas-r4c Месяц назад +2

      Melissa Elise Robinson is the licensed advisor I use. Just research the name. You’ll find necessary details to work with to set up an appointment.

    • @kyle-user30
      @kyle-user30 Месяц назад

      Thanks a lot for this recommendation. I'll send her an email and I hope I'm able to connect with her.

  • @Wisdomseeker1028
    @Wisdomseeker1028 15 дней назад +3

    Unfortunately 8% is pretty high and not paid by the most stable and secure companies. For blue chips, 2% seems more real and that would take $600,000 for a meger $1000 per month. You get more than this in real estate. You can buy 2 homes and rent them out each for $2000 for that per month

    • @SuperBayara
      @SuperBayara 14 дней назад +1

      My sentiments exactly, I've been trying real hard to convince myself to jump on the dividends and index funds investment but every time I do the math real estate in strategic locations beats em hands down. The only downside is I'll have to do major repairs after 30 yrs

  • @Thedividendprojectt
    @Thedividendprojectt Год назад +46

    Good way to show the math but you need a lot more with safer investments!

  • @ekonrj2499
    @ekonrj2499 2 месяца назад +5

    Don't forget the tax... 😔

    • @chewy1568
      @chewy1568 5 дней назад +1

      Only if you take the cash. If you enroll in DRIP there is no cap gains.

  • @MorgoSargas
    @MorgoSargas Месяц назад +2

    Also consider tax. And such div yield is probably not sustainable long term.

  • @ErnestFreund
    @ErnestFreund 8 месяцев назад +111

    Acquiring a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $160K for some time now, but my major challenge is not knowing the best entry and exit strategies. I would greatly appreciate any suggestions.

    • @ElvinWright
      @ElvinWright 8 месяцев назад

      @ConnieKelly54 I have been considering going the same route, could you share more info please on the advisor that guides you.

    • @ElvinWright
      @ElvinWright 8 месяцев назад

      @ConnieKelly54 Thank you for the lead. I searched for her, and I sent her an email. I hope she gets back to me soon.

    • @mrbear1302
      @mrbear1302 7 месяцев назад

      Find a good dividend ETF that has a nice track record. Then you won't have to think about which stocks to invest in. FDVV Has stock price growth of 47% in the past five years, a 3.77 dividend yield, and an expense of only .15. This stock he is recommending is down over 50% in the last 5 years.....yikes!

    • @fmpabxx7834
      @fmpabxx7834 6 месяцев назад +4

      Throw it all on a high volume,high market cap stock while the entire market is in a bullish uptrend. Then sell after a $1 price increase. (And im actually being serious)

    • @blackwaltz3135
      @blackwaltz3135 6 месяцев назад

      checkout SPYI, its a pretty good Dividend ETF
      if you're new paper trade if you're going to trade commons and learn supply and demand and how to understand the market on the stocks you're trading
      entering something blind is a good way to lose money

  • @Johnnytrades2024
    @Johnnytrades2024 8 месяцев назад +58

    $135,000 is a very achievable goal. And if you continue to reinvest that $1,000 every month. You could be a millionaire in less than 6 years.

    • @o.c.g.m9426
      @o.c.g.m9426 8 месяцев назад +7

      Now do that with a good company like JNJ. It's $406k 😂

    • @Johnnytrades2024
      @Johnnytrades2024 8 месяцев назад +1

      agreed @@o.c.g.m9426

    • @andrewd5135
      @andrewd5135 7 месяцев назад +13

      How less than 6 years? Even if you compound it would take about 15 years.

    • @Leon_Miller_Photos
      @Leon_Miller_Photos 7 месяцев назад +3

      Damn how much are you putting away yearly in your investment account 20k?

    • @Johnnytrades2024
      @Johnnytrades2024 7 месяцев назад +4

      @@Leon_Miller_Photos yeah pretty much. It’s between 15k and 20k.

  • @hpd_hero
    @hpd_hero 27 дней назад +1

    Warning, no good stocks/etfs pay 8 % long term, and it’s a trap. Aim for companies around 1-4 % that are steadily growing dividends and also growing their business.

  • @michalkopanicky8254
    @michalkopanicky8254 Год назад +24

    Or you can just simply do math like this
    12 000/ 8.83% = 135 900$
    Much more easier...

    • @ElinWinblad
      @ElinWinblad Год назад

      How’s it work if it’s not a monthly one?

    • @mmmd3429
      @mmmd3429 Год назад +1

      12000/.0883 = $135,900.34

  • @jonirazabal
    @jonirazabal 15 дней назад +1

    Never invest a large percentage of your savings in a single company. It is important to diversify.

  • @surfmotor
    @surfmotor Год назад +34

    if you buy 67k of "O" reality group you will make $14000 a year. thats pretty good if you can put aside 67k in your 30s. come back 20 years later and youll have at least $600k.

    • @chrisl6238
      @chrisl6238 11 месяцев назад +3

      Oh yeah, that’s smart

    • @QargZer
      @QargZer 9 месяцев назад +18

      I do not know what formula you used but your math is extremely incorrect. O is currently at a 5.67% dividend. If it stays that way the entire year 67k would generate $3,798 a year. To reach $14k profit you need a ~20% dividend and anything with a dividend that high is going bankrupt.

    • @terrinyc29
      @terrinyc29 8 месяцев назад +1

      I have that stock, been in the red for years

    • @KingCzar29
      @KingCzar29 7 месяцев назад

      @@terrinyc29you must have bought at a HIGH time. I’m down close to 400 dollars, but make close to 50 a month on it with an average cost of 55.03. I’ll start to worry if it goes below 45

    • @joy2come119
      @joy2come119 6 месяцев назад +1

      ​@@terrinyc29thats what I was wondering. The higher the yield wouldn't it signify a red flag? Is it really beneficial to receive a great dividend but have a failing stock? Wouldn't you be ultimately losing money which would lower the amount you would then be getting for your dividends.

  • @peterlee4131
    @peterlee4131 6 дней назад

    You’re better off doing the dividend etf! And 8% yield is very high. And depending on your tax bracket your after tax will be up to 20% less-federal!

  • @BuildingLegends_
    @BuildingLegends_ Месяц назад +1

    Think about a multi millionaire who can put idk maybe 2 million in that stock and just live comfortably off dividends. Life is crazy

  • @mrbear1302
    @mrbear1302 7 месяцев назад +16

    And if I had done that I would have lost 17.9% of my principal.........no thank you! Stock is down almost 60% since inception......yikes.

    • @nrsunlimited
      @nrsunlimited Месяц назад +1

      Then next time, watch the stock and don’t buy prematurely. And don’t go all in at once, but a few shares at a time to minimize risk. I’d rather be $1000 in and red $10 than $100 in and red $50.

  • @blueboater2739
    @blueboater2739 13 дней назад

    In my opinion, I buy the stocks which pay in every quarterly but the data for paying that will different month. So, I invest only the big companies.

  • @STEV0-o3e
    @STEV0-o3e Год назад +90

    Need money to make money

    • @absolutelyfookinnobody2843
      @absolutelyfookinnobody2843 Год назад +2

      Ok. And?

    • @lieutenantpliskin
      @lieutenantpliskin 6 месяцев назад

      ?​@@absolutelyfookinnobody2843

    • @Sswervyy
      @Sswervyy 3 месяца назад

      @@absolutelyfookinnobody2843 no and

    • @AP_123_
      @AP_123_ Месяц назад +2

      Not entirely true. Most brokerages offer 4x leverage. You can leverage no more than 30% of your capital and tie your dividends to indexes for a safer ROI on margin. Pay off the margin with your dividends, reinvest the dividends and then repeat to steadily grow your portfolio using margin.

    • @nrsunlimited
      @nrsunlimited Месяц назад

      @@AP_123_I’m with you on that. Use your profits to pay your margin borrowed money. It’s maybe 1 time. Then the rest is yours. I love borrowing money to make more money, but not until a crash.

  • @nrsunlimited
    @nrsunlimited Месяц назад

    I always look at how much the stock pays in dividends, how many shares it will take to get to $1. And then I look at its lowest price point ever. If it’s still high or medium(recovered a fair amount), I put money to the side and wait until the market or that stock crashes again to within $3-$5 of its lowest point and set my price alerts. Buy fractional $2-$5 at a time so that my dollar cost average down is in my favor. I buy equivalent of 1-3 shares a day while it’s down, if I have less than $1000 buying power. If I have more than $10k, it’s $1000/day and I sit n click all day until market close. Then I let all of it sit until recovery and wait to get paid!

  • @Qqxx22
    @Qqxx22 3 дня назад

    Alright let me just reach into my bank account..hey wait a minute !

  • @absurdnerd7624
    @absurdnerd7624 12 дней назад

    My dividend portfolio is rather small at the present time. I have invested in several riskier equities including PSEC mentioned in your video.
    PSEC is now around $5 per share and continues to drop partially due to share dilution (they keep issuing more shares). No more PSEC for me.
    I think that within another 2 years i can get to $1000 per month in dividends but am taking a lot of risk with potential loss of net value.
    Time will tell.

  • @suprema-sea_fishing
    @suprema-sea_fishing 2 месяца назад

    Dividend investors never tell you that when the stock does poorly, the company also reduces the dividend yield. This then causes the Dividend investors to sell, making the stock do even worse. It doesnt make any mathematical sense to lose 30% in value for a 3% dividend, especially when inflation is more than 3%. Robinhood and webull also pay 5% on uninvested cash, soooo...

  • @All.Alone.In.The.Unknown.
    @All.Alone.In.The.Unknown. 6 месяцев назад +2

    Forgetting about the compounded dividends each month, + eps, + dividend reinvesting, + that monthly salary added to the equation....

  • @ThatGuyUkindaNo100101
    @ThatGuyUkindaNo100101 4 месяца назад +2

    Yall if it has an 8% dividend.. run. As fast as you can. In the other direction. Dont touch anything with an 8% yield with a 10 foot pole. Please i beg of yal

  • @ketogenicknowledge245
    @ketogenicknowledge245 9 месяцев назад +1

    The problem is that so many of these high-yielding dividend stocks are extremely risky and you could either lose the dividend, have your invested $$$ burn away, or both.
    Buy solid dividend-growing stocks like UNH and V and HSY and MCD instead.

  • @eghoghonedobor2321
    @eghoghonedobor2321 Месяц назад

    Is this calculation complete? Is the price per share not taken into consideration?
    Or is the assumption that the share is $1/share?
    Kindly assist, my math may be slow...
    😊

  • @LindaL.Fielder
    @LindaL.Fielder 4 часа назад

    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 whenever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market like regular stock. That’d be enough to create a portfolio that would pay you between $50k to $70k in dividend incomeRead more

    • @Saviourtina-c4i
      @Saviourtina-c4i 3 часа назад

      The availability of 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

    • @user-ph2yh2uj3b
      @user-ph2yh2uj3b 3 часа назад

      I agree; I have about $1m in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!

    • @JasonB.Chisolm
      @JasonB.Chisolm 3 часа назад

      How can I contact your Asset-coach as my portfolio is dwindling?

    • @user-ph2yh2uj3b
      @user-ph2yh2uj3b 3 часа назад

      Jessica Lee Horst is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

    • @henriettahong
      @henriettahong 3 часа назад

      Interesting. I am on her site doing my due diligence. She seems proficient. I wrote her an email and scheduled a phone call.

  • @ethanwinters7829
    @ethanwinters7829 Год назад +83

    Well now I know what to do if I win the lottery 😅

    • @peterking167
      @peterking167 11 месяцев назад +6

      Don't buy this buy Dividend aristocrat 😂

    • @Fp30501
      @Fp30501 9 месяцев назад

      scam@@peterking167

    • @Illegiblescream
      @Illegiblescream 6 месяцев назад +3

      The serious answer to what to invest in if you win the lottery are Bonds that pay just above inflation. Safest possible place to put money, and your bankroll is so large that even a tiny amount of interest is financial independence.
      Once you have enough bonds to cover basic living outside of poverty, then you push the rest into dividends and growth and dumb lottery winner stuff.

    • @tbaloni
      @tbaloni 5 месяцев назад

      @@IllegiblescreamI would just hit 60% into the s&p500 and 30 percent into bonds, and the 10% for you to enjoy

  • @NanoXG
    @NanoXG Месяц назад +2

    Wait so I need to invest 135000 to make 1000 a month? Wouldn’t it be better to open a small business with that much money and get more than 1k a month from it? Maybe I’m not understanding

    • @richb1576
      @richb1576 День назад

      This is a strategy for those chasing passive income.
      A more realistic goal is 2 to 5 percent dividend payout.

  • @noamkleiner8749
    @noamkleiner8749 2 месяца назад +1

    Last step is to add taxes into the calculation and go cry in the corner😂

  • @daveangelovici9486
    @daveangelovici9486 4 месяца назад +1

    Be careful, high yield probably means issues in the company, think twice.
    Also, calculate the tax..
    Good luck

  • @drangonslayer2232
    @drangonslayer2232 8 месяцев назад +3

    135k to make 1k/month, so only be 13.5k to earn 100/month from that point reinvesting that 100 each month ontop of what you where investing already leade to a very quick gain to that 135k

    • @MrAlbinopapa
      @MrAlbinopapa 4 месяца назад +1

      Yeah, but I wouldn't use Prospect Capital ( PSEC ). Ares Capital ( ARCC ) isn't monthly, but price and dividends are more stable. They pay quarterly.

  • @bjb860
    @bjb860 24 дня назад +3

    Step1 find 135k

    • @absurdnerd7624
      @absurdnerd7624 12 дней назад

      True. But most people can find $25 per week if they are willing. Stop buying fast food lunch and bring your own food from home. Instead of paying $6 per day, spend only $1 by bringing a sandwich from home.

  • @DistractedDaisy
    @DistractedDaisy Год назад +3

    it's down to 6.36 today - so i only need 106000, The problem with dividend stocks lately is that they are losing capital at the expense of dividends.. I have 3 stocks that are staying level and 2 stocks that are eating me alive.. I hate to put all my eggs in one dividend basket..

    • @FutureDreamZz
      @FutureDreamZz 5 месяцев назад +1

      What stocks eating you alive rn

  • @r1rome705
    @r1rome705 6 месяцев назад +9

    Don’t buy a stock with 8% dividend lol

    • @MrAlbinopapa
      @MrAlbinopapa 4 месяца назад

      Really? There are some decent stocks with that high of a yield. There won't be much growth, but that's not the point of dividend investing. Altria for instance, ticker MO, has been steady in the $40-$50 range for a while and yield is between 6-8% depending on price. Plus, they have been growing their dividends at least for the past couple years.
      Ares Capital ( ticker ARCC ) is another stock that has been stable around $17-$20 per share and yield has been around 8-10%.
      There are definitely some that don't do well and their dividends fluctuate a great deal ( ORCC is one ).

    • @billbetz1
      @billbetz1 4 месяца назад

      Correct, why would you when you can get a 25% dividend from say A ETF LIKE YMAX ..

  • @noconsentgiven
    @noconsentgiven 4 дня назад +1

    You gotta give $135k to get $12000 😳🤨🤔?? Doesn't sound logical.

  • @PataStonks
    @PataStonks 3 месяца назад +2

    So hypothetically if I had monthly paying dividend such as O (Realty Income). I wanted to make £100 off that investment monthly. Realty Income currently has a dividend yield of 5.73% of this comment being published. Using this method you explained, I would do 100 × 12 = 1200. Then 1200 ÷ 0.0573 = £20,942 to make that a monthly dividend.
    Is this correct?

    • @ThyWorshipMetal
      @ThyWorshipMetal 3 месяца назад

      Remember the difference in American dollars to GBP though

  • @squeezylemons8357
    @squeezylemons8357 Месяц назад

    Math is a bit off for a monthly payout, but I get the idea. This math only works for a company that pays out 8.83 yearly, but it's close enough. You make more money off of the 8.83 split up monthly than once a year.

  • @rawdawgg_
    @rawdawgg_ 4 часа назад

    Investing 135k just to make 1k a month is a complete waste.

  • @andrewolfgang389
    @andrewolfgang389 2 месяца назад +1

    if you want to live off dividends, buy growth stocks and funds and let it grow then dump it all into dividend stocks when you're ready to retire

  • @jmar385
    @jmar385 Год назад +15

    Who about to do all of that when dividends are paying $2.00 or more 😂😂

  • @danmcmanus8098
    @danmcmanus8098 3 дня назад

    The thing for me is, HOW THE HELL did this get into my algorithm. Just $130k +? Yeah, ok.

  • @marianuntaru7940
    @marianuntaru7940 2 месяца назад

    I don’t understand if the company pays dividend monthly and yield is 8.83% means you get 8.83% a month or still in a year?

  • @MarkRoberts-e4m
    @MarkRoberts-e4m Месяц назад

    Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and it ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

  • @Jeguia85
    @Jeguia85 3 месяца назад

    I’d DCA, but if it’s going to be one stock, it better be a diversified ETF. Otherwise you’re relying on a success of one single company.

  • @MStoff88
    @MStoff88 3 месяца назад

    Do a DRIP for the first year because taxes are too high. Cancel the drip after the first year and then you’re at long-term qualified distributions.

  • @eric.1948
    @eric.1948 11 дней назад

    In short its impossible. However over long amount of years its not a bad part time job gig or for your spouce to be a stay at home parent

  • @jakejennings5152
    @jakejennings5152 7 месяцев назад +1

    Yeah… put all your eggs in the same basket! What could ever possibly go wrong?! …GE retirees everywhere love this plan!

  • @michaelgardner5843
    @michaelgardner5843 Год назад +6

    Thank you for this short!

  • @kampiuben
    @kampiuben Год назад +4

    By the way, just because I have an ISA stocks and shares account, I also invest UK dividend stocks monthly in UK even the yearly contribution cannot over than £20,000. But thanks for sharing

  • @mrretired2715
    @mrretired2715 7 месяцев назад

    Dividend investing just do not do it until you have made your first million. It really is not for those with less capital.

  • @thetruthandnobs2
    @thetruthandnobs2 Год назад +6

    136k..... nope. Don't hv it. Not even close. BUT....8.83% is a very good div. yield. There are some that pay TWICE THAT, meaning you cd get that 1k/month using HALF that 136k...or 67k. More doable.

    • @llk.6797
      @llk.6797 Год назад +5

      Anything paying more than 4% isn't a good thing for share price. Stocks that are higher dividends means they have less reinvested into growth which ends up being more returned in stock prices

    • @dtr2548
      @dtr2548 Год назад +1

      @@llk.6797 exactly

    • @vincent8900
      @vincent8900 Год назад +1

      16% is not sustainable for most companies

  • @marthiousknowledge9
    @marthiousknowledge9 День назад

    Now the question is, where will I get this $135,900.34 from? 😂

  • @andrewkrakowski7645
    @andrewkrakowski7645 25 дней назад

    Sell puts and covered calls with less than half of that to make $1000 a month.

  • @Bmc2021
    @Bmc2021 7 месяцев назад +2

    What if that company tanks? Where will that 135k would go?

    • @Floreypottery
      @Floreypottery 4 месяца назад +1

      Why you spread it out over well known company’s who have a long histhistory of good dividends

  • @theblockcat-ain1572
    @theblockcat-ain1572 Год назад +7

    Or put 50000 on s and p 500 and make the same monthly. Take the rest of your cash and go buy a house in Hawaii and have fun😅

    • @moharshad6882
      @moharshad6882 Год назад +2

      Ima try that

    • @jordyt1109
      @jordyt1109 7 месяцев назад

      Please don't help to hurt the Hawaiian peoples any more than they already are currently. Many of the natives don't have a place to live in their own state because people keep buying it all up, and they're being forced off of their own land. There are so many other wonderful places to buy property in.

  • @sigmund_pseud030
    @sigmund_pseud030 3 месяца назад

    or u put that 135k into the s&p 500 and (according to the last year) get 32k instead of whack 12k

  • @moviesandmysteries4538
    @moviesandmysteries4538 8 месяцев назад +1

    if I have that kind of money then I will buy atleast 2 3 bedroom houses on loan and rent will be more than 1000 usd a month after monthly loan payments!!

  • @stephensarmento3529
    @stephensarmento3529 Месяц назад

    This could be dangerous information, just because a stock could have a super high yield drawing you in, doesnt mean its a good company to actually invest in

  • @Woodland26
    @Woodland26 2 месяца назад

    no worries just have a few millions invested you will get a lot more, divided by 12, wow think of the dividends you earn per month.

  • @Stopinvadingmyhardware
    @Stopinvadingmyhardware Год назад +9

    Only about $7k with tacby

    • @konglee2899
      @konglee2899 Год назад +1

      last time they paid was in october.

  • @raya472
    @raya472 Год назад +8

    Let me add something, and everyone feel free to reply. If you need to invest 135,900 to attract a dividend payout of 1000 per month or 12000 per year. Doesn't that mean it will take 11 years just to break even?

    • @devinw832
      @devinw832 Год назад +4

      I wouldn’t say breaking even depending on the value of your stocks so let’s just say your stocks stay the same price and the dividend pay then after 11 years when you make enough money to cover what you put in you would have the value of your stocks plus the original money so you would have doubled

    • @raya472
      @raya472 Год назад +2

      @@devinw832 well said

    • @peace2all613
      @peace2all613 Год назад +2

      I figured if you invest 100,000 into a company, that will payout 10,000 a month. Then within a year, you will break even, and profit an extra 20,000. Because that's 120,000 a year.

    • @HonestFinance
      @HonestFinance  Год назад +2

      Generally large companies w good track records will increase their dividends (typically every year) and the share price will go up as well. This isn’t a guarantee though.

    • @vincent8900
      @vincent8900 Год назад +2

      ​@@peace2all613 where did you get $10k a month from 💀

  • @MarkFive-ro6lu
    @MarkFive-ro6lu 2 месяца назад

    Thank you for this information but I have to say there's got to be a better way there's got to be an easier and more sustainable way I'm feeling so hopeless looking at these numbers I can't lie 😂 I've been searching for months on how to start doing this stuff and I just always come to a standstill

  • @miahthorpatrick1013
    @miahthorpatrick1013 Год назад +1

    Great! Now all i need is 136 thousand dollars! 😂

  • @horaciocorral8193
    @horaciocorral8193 6 месяцев назад +1

    Qyld pays 12 percent a year 1 percent monthly.

  • @hebergarcia8873
    @hebergarcia8873 3 месяца назад

    Just going out on a limb here….but why not just write covered calls and collect premiums? You can make way more

  • @chriszhang1660
    @chriszhang1660 3 месяца назад

    At least he’s honest about the calculation

  • @IsaacGames7
    @IsaacGames7 Месяц назад

    To make money you have to have money, great thanks 👍

  • @clarkkent8428
    @clarkkent8428 5 месяцев назад

    Thank you very much for this informative, short, simple calculation of monthly div. More success to you.

  • @rickymcfall6034
    @rickymcfall6034 10 месяцев назад +2

    Bro, just get a ETF or real estate stocks. They are at Lowe's.

  • @benjaminmartin7702
    @benjaminmartin7702 8 месяцев назад +2

    How you come up with that amount of money if you didn’t count the share price.

  • @dogelife7901
    @dogelife7901 2 месяца назад

    good news is you'll be living well below the poverty line.

  • @kemiadams7900
    @kemiadams7900 3 месяца назад

    Make a lot of sense 😊 plain and simple thank you ❤

  • @donnellvictor3670
    @donnellvictor3670 2 месяца назад

    Sell....covered...calls....dividends are peanuts.

  • @Emm_Ess
    @Emm_Ess Год назад +2

    And how do we know that if they are paying monthly or quarterly??

    • @HonestFinance
      @HonestFinance  Год назад +1

      Check dividend history on any stock website

  • @LainSerrato1
    @LainSerrato1 9 месяцев назад

    What about the ones that say 30 day yield? For example if the 30 day yield is 1.6 does that mean it pays 1.6% of the value of the stock I own per month?

  • @backoff83
    @backoff83 6 месяцев назад +1

    what kind of risk that dividends have?

  • @taythedouchebag
    @taythedouchebag Год назад +1

    So in theory, if you were to invest 10-20million, would that result in 100k-200k a month in dividends?

  • @ah-rr1lk
    @ah-rr1lk 2 месяца назад

    For the lame like myself, mutual funds following the market for long term growth and coca cola and ford

  • @GABBY8482
    @GABBY8482 4 месяца назад +1

    Thanks on the calculations

  • @terrinyc29
    @terrinyc29 8 месяцев назад +8

    QYLD has been great for me. It went down from my purchase price but I'm making about 12%div

  • @willrose5424
    @willrose5424 5 дней назад

    What happens if the company delists all of a sudden?😊

  • @reaper-sz5tm
    @reaper-sz5tm 11 дней назад

    $25,000 dividend check every month.

  • @cash4everblasfemie
    @cash4everblasfemie 8 месяцев назад +1

    I like this stock Agnc the dividend 14.15%

    • @mikelopez4148
      @mikelopez4148 7 месяцев назад +1

      Why is it so high

    • @cash4everblasfemie
      @cash4everblasfemie 7 месяцев назад

      @@mikelopez4148 bro I don't know, but check it up. Anyway I'm buying it they pay two times pe month

  • @gamesview3313
    @gamesview3313 Год назад +1

    What if the stock pay once a quarter dividend?

  • @SamWestall-q8e
    @SamWestall-q8e 17 дней назад

    Private equity shares TODAY
    Gold Star Group Incorporated 📈

  • @johnhoward7298
    @johnhoward7298 4 месяца назад

    RIGHT that a REAL deal
    ( for Me at least ) !!!!
    $136k for $1k per month
    Do the math ... it's only
    going to take 136 THOUSAND MONTHS
    to just break even !
    That's assuming the company is still paying
    the same , or more AND
    assuming YOU are going be around for 136 thousand months !!!!!😂

  • @ygbodybuilder3023
    @ygbodybuilder3023 7 месяцев назад +2

    Banks are giving guaranteed 5%

    • @teddyruxpin7876
      @teddyruxpin7876 7 месяцев назад

      but its not invested

    • @ygbodybuilder3023
      @ygbodybuilder3023 7 месяцев назад

      @@teddyruxpin7876 and it's giving you 5% interest with no risk

    • @michaelperez6811
      @michaelperez6811 4 месяца назад

      Not were I am from is less than 1%

  • @CRBarchager
    @CRBarchager Год назад

    You could also just invest about $19000 into TSLY and get about $1000 a month.

  • @DDD-um5co
    @DDD-um5co Год назад +1

    Hi 👋 I Looked Up Prospect Capital & There Dividend Yield Is Much MUCH Lower Than What You're Saying 🤔👩‍💻🧐 Why Is That?❓❓❓

    • @HonestFinance
      @HonestFinance  Год назад

      The yield fluctuates, so it could’ve changed over the last couple months

  • @russiantroubleyakutsk1612
    @russiantroubleyakutsk1612 4 месяца назад

    Say you bought like $2000 with of a stock like that 3 days before dividends are paid out, then sold all the stocks after receiving dividends. Could you do that?

    • @ellinakias6440
      @ellinakias6440 3 месяца назад

      I think you must own stocks for at least a month prior to the dividend payout to receive your dividends

  • @fishingwithmd6489
    @fishingwithmd6489 Год назад +1

    So a lot of videos say to invest money every month like lets say they say to put 150$ a month do i put it in the same stock or does it go to different stocks im confused also technically you're losing money till you make money ?

    • @HonestFinance
      @HonestFinance  Год назад +1

      There’s always risk, but sp 500 index is a good option.

    • @moharshad6882
      @moharshad6882 Год назад

      @@HonestFinanceI got a question, currently the sp 500 is up, should I just start investing right now, or should I wait until they take a dip to start investing

  • @christopherpriolo3713
    @christopherpriolo3713 29 дней назад

    What does anyone think about GOF?

  • @jargote23
    @jargote23 7 месяцев назад

    How do I find out which stocks pay monthly dividend vs quarterly ?

  • @elizabethinsaurralde8037
    @elizabethinsaurralde8037 4 месяца назад

    What is the difference between a Hight Yield Savings Account that pays 5 % compounding interest vs. a 3 % stock dividend?

    • @c-mobucks4930
      @c-mobucks4930 3 месяца назад +1

      A savings account is guaranteed and insured. You can not loose your money. Stocks go up and down, so if you're getting 3% on 100k today you could be getting 3% on 70k next month... Or if the stock goes up you could be getting 3% on 200k.

  • @Optimus_Speaks
    @Optimus_Speaks Месяц назад

    Drop 135k to wait 11 years to even profit