I hope you all have an amazing start to your weekend! Watch this video to the end for some laughs. If you want to hang out this weekend on Discord and shoot the breeze discussing some stocks on Qualtrim.com, check out the Patreon. It's $10/month, cancel any time, risk-free, with a free trial of now till the end of the month. I take the Costco strategy of making sure you love it enough that you want to stick around. Try it out here: www.patreon.com/josephcarlson
Forget kidneys, I could just pawn one of my extraordinarily large brass testicles for a cool mill and a half. -Buy a large yacht, fill it with Hoe's, shoot a pop culture musical video. While also selling the documentary film rights to the whole process. After filming (and editing of course) get my literal nut back outta hock, broker the yacht, "stiff" the Hoe's, short the film crew, then retire with the appreciative value of the brass metal weight vs inflation and start a divvy fund. Whaddaya think Mr J.C. is this a sound investment and business strategy? Do you want to contribute some seed funds to drum up ad money for launching this venture?
Do you have a list of your current stock positions? New Subscriber, stumbled across your YT channel as someone in the Facebook Dividend group mentioned your channel. Thanks for the video(s) .. 👍🎊💯
What is the investment vehicle for your portfolio. Is this within a Roth IRA. I'm 58 and don't have much saved but I'm making 85k and Really need to get something going for retirement as far as passive income. Do you have a video on actually setting something up in a little more detail. I will be working for a while yet. Thank you.
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or diversify ?
Invest in S&P 500 ETF, for as long as possible. Do it as often as you can. Try not to withdraw this money and let compounding do its work. 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/advisors i can get on the phone with? i'm in dire need of proper portfoIlo allocation
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
She appears to be well-educated and well-read. I ran an onlline search on her name and came across her webslte; thank you for sharing. I sccheduled a caII..
That’s not completely true when I was in high school I used to trade crypto and actually made a pretty good amount for someone who was just stuffing around but yes now everyone invest it’s all over the place
@@moeybasha7439 I think you missed his point. He wasn't bashing crypto... but the bots who reply to themselves while tossing some crypto guru master's name out there... it's annoying and very much a scam.
i lost my dad about six months ago and I'm going to receive some money soon. Would it be wise to grow my money in stocks for a few years while I'm in college and then invest in rental properties afterwards, or should I start with real estate investing first?
I would advise the counsel of a seasoned financial pro. It may seem expensive, but as the old saying goes - "you get what you pay for" "Expert solutions require Expert providers" - my mantra
Agreed, investing with the help of an advisor set me up for life. Retired with about $1.6m in my stock portfolio only. I worked hard everyday as a teacher for 27 years, and my salary was over 100k annually. Supplementing my income with stocks and alternative investments helped me by far beat the retirement age of 65.
I've worked in real estate for over 25 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, however I need a different plan now.. mind if I look up the professional guiding you please?
Judith Lynn Staufer is my FA. Just searched her name and you’d find necessary details to work with. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
Thanks for sharing. i searched her full name and found her web instantly. After reviewing her credentials and conducting due diligence, i reached out to her.
Acquiring stocks could appear simple, but choosing the right stock without a tested plan can be very difficult. My main barrier to growing my $210K portfolio, which I've been working on for a while, is the absence of well-defined entry and exit plans. Any guidance on this would be highly valued.
I’m not in a position to offer financial advice, but given the significant amount of capital you're working with, it would be wise to consult a financial advisor who can guide you in developing a strategy tailored to your goals and risk tolerance.
Factos!!. After experiencing a major portfolio loss in 2020 amid the COVID pandemic while trying to manage my investments on my own, I reached out to an investment advisor. They helped me turn my $420k into a seven-figure portfolio by providing the guidance and strategy I needed. Having that expertise made a significant difference in my investment journey.
Thanks for sharing your experience! I’ve been managing my portfolio myself, but it’s not working out. Do you have any recommendations for a good investment advisor? I could really use some help.
Teresa L. Athas a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Thank you so much for the suggestion! I really needed it. I looked her up on Google and explored her website; she has an impressive background in investments. I've sent her an email, and I hope to hear back from her soon!
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.
As a beginner, educate yourself, Learn the basics of investing and the stock market. There are many resources available online, including books, articles, and online courses. It’s a good idea to diversify your portfolio across different stocks and sectors to minimize risk. I’ve heard of people accruing over $550k during recessions and inflation, its important to do your own research.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Finding financial advisors like Melissa Terri Swayne 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.
I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.
Based on my 6 years of experience with dividend investing, my best advice is to adopt a long-term mindset. While dividends offer attractive income, their true potential lies in the remarkable compounding effect that unfolds over time. With a $350,000 portfolio, I'm now seeking to optimize its performance by adding high-potential companies. I'd love to hear your ideas and insights
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.
Many people underestimate the value of financial advisors until they've suffered losses due to emotional decision-making. I learned this lesson the hard way after my divorce a few summers ago. To keep my business afloat, I sought out a licensed advisor with exceptional credentials. Thankfully, I found an expert who has been instrumental in growing my reserves despite inflationary pressures, increasing my wealth from $275,000 to $850,000. Her guidance has been invaluable, and I now recognize the importance of seeking professional advice to navigate complex financial situations.
Rebecca Noblett Roberts is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
I already own shares of NVDA, PALANTIR, TSLA, and APPL as well. Sure, I don't mind having these equities sit around for a while, but I'd also like to appreciate short-term opportunities that could fetch $200,000
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.
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.
“Lucinda Margaret Crist” is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
I really want to know how to do this,i always enjoy Joseph video,but just don't know where to start from,i ask for help help here,i need someone to put me through.
I wish I could have retired in my 50's. I'm 65 now, I started investing late . After some research, I found a strategy that helped. I'm pleased to say I'm retiring with at least $2 million.
@@MichaelGabreil It’s worth noting that luck often plays the significant role in some cases, sometimes even more than the resources involved. Without it, its challenging
@@ClemonSteve I usually avoid making specific recommendations because everyone's situation is unique. However, my experience with Julie Ann Lerch has been quite positive. You might find it worthwhile to see if her approach fits your needs
@@MichaelGabreil I looked for the name online and found her page.I will get in touch with her,Thanks for the help I emailed and made inquiries. Thanks for the help
I started my 250k portfolio last year with SCHD, VOO, and VUG after watching one of your videos. In terms of share price, VOO is way up (22.25%) and VUG is waaaaay up (39.62%). Thanks for the education! Will this provide solid cashflow?
I agree, it's important to balance your portfolio allocations. I recommend a managed portfolio, though their performance can vary. It's best to consult a fiduciary for guidance. That's what my spouse and I did, and we've grown our portfolio to $1.7 million.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with Monica Shawn Marti for years and highly recommend her. Look her up to see if she meets your criteria.
I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with Monica Shawn Marti for years and highly recommend her. Look her up to see if she meets your criteria.
I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.
Got it! Buying stocks during a recession when prices are down could be a good move. You might get them at a lower price and sell later when they go up. Just do your homework and be aware of the risks before diving in!
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Milton Harper, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience...
I think a reason why you could get criticised for buying such low dividend companies is because in my opinion the strategy you are outlining isn't a 'dividend investor' strategy. You are not investing for the dividends at all - in fact, as I see it, you could as well buy into companies that do not pay any dividends whatsoever. Your gain and what you look for, as you point out in the video, comes from the growth of the underlying business, not from the businesses distribution of wealth to its shareholders. In other words, this strategy should perhaps be better described as a 'fundamentals driven large cap growth' - strategy. You invest in established large cap companies that you deem to have low risk and good potential for growth in the future based on business fundamentals. When I think what a meanful description of a 'dividend investor' would be, it would have to be someone who is investing with the main purpose being to grow their portfolio through the distribution of wealth from their ownership shares. For example, a company that has reached its natural marked limit and only grows with GDP whilst paying out its excess cash flows every year to its owners, or a company that for other reasons do not focus mainly on reinvesting its earnings. And I think you are very right in your criticism that this kind of investing quickly can turn into investing in companies that not only have a saturated marked but indeed is stagnating and might contract.
A dividend that grows is better than one that stays the same, and a low dividend can be a sign of success or failure. You have to research the dividend, and it must have a good growth ratio around 10%. A lot of companies with dividends run a flat line but have a decent dividend and can payoff very well but take significant time.
Hes investing like warren buffet but he doesn't have billions of dollars so he wasting his time. Its pure cringe. He thinks its in the same shoes as a billionaire who doesn't need passive income. Its stupidity at its finest.
I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $1m+ before retirement, I'm 55.
Accurate! asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed overtime.
Insightful video. I just want to know best how people split their pay, how much of it goes into savings, spendings or investments. I'm 27, and earn nothing less than $150k per year, but nothing to show for it yet
the fact that you watching this type of videos in your 30s says you doing great. You have a real chance of becoming rich. I would encourage you to stop looking in the wrong places for advice. THINK!! they won't be there to know when thier advice has would'vegone south. Work with a flnancial advlser instead and say bye to speculative investing, if you do this long enough, you will have something to show for it in no time.
I had an advisor that had me living on only Soc Sec and Pension whole she had my IRA Grow to $2 Million and I thought WHY wud I want to eat gruel like scrooge w $2 million in the bank! I want to Travel a0nd enjoy Retirement I worked hard for this money!
If you're aiming to retire off dividends, it's crucial to save for a substantial investment. My top picks are SCHD and VOO, among a few others I can't disclose. Remember, you can't expect to turn a thousand-dollar investment into a million-that’s where many people go wrong. Investing isn’t a lottery! Make realistic investments. While being ambitious is important, there’s a big difference between ambition and unrealistic expectations. For instance, last year I invested $80,000 in stocks and earned about $246,000. I reinvested that amount and am now approaching a million.
@@Blittsplitt5did you ever do a thorough research of this? I’ve seen a video lately that claims mostly investing all at once outperforms DCA - only in rare occasions it would be other way round: if the stock is going down, but usually you want to pick a stock that goes up
SCHD has large positions in VZ and MMM, and a lot of industrials and companies with high starting yield and low dividend growth. Can you explain why you think SCHD is a good investment while suggesting we should avoid some of its largest individual holdings?
Because schd will eventually bump them off the 100 stocks they pick when those 2 stocks eventually get to the bottom and off the list after they restructure the etf.
Important question I really hope I can get a quick answer to!! What about SCHD? Do you invest in ETFs that have bundles of stocks in order to diversify just a little bit more?? Do you feel the returns are simply better investing in these companies directly??
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio. ''
If you need advice on short-term investments, consider speaking with a financial advisor. They have a lot more knowledge and expertise in this area. ....
I've been in touch with a financial analyst ever since I started investing.....Knowing today's culture The (hallenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. 0n my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.....
I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach???
80% equities 20% cash. I plan to take advantage of the s&p 500 as leading indicators predict above 10% rise by this year, my only issue is how to properly allocate a large stock/bond portfolio for substantial gains at minimum risk.
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $850,000 with the help of my advisor from an initial $150,000 investment.
Joseph can you show us your IRA investments? Im 23 and started a Roth IRA a few months ago and am in SCHD, VXUS, and VTI. Im curious to see your IRA investment strategy.
Canadian banks have been a great tool - as they have been paying dividends collectively for about 200 years - with no dividend cuts - I also like Canadian insurance companies…. - CIBC has increased their dividend by 5% per year, over the last 5yrs Joseph - I find your advice - priceless $$ - thank you 😊
You mentioned you take your income and re-invest specifically in the positions that aren't doing as well (like VICI). So does that mean you don't have your investments set to re-invest dividend income and you do it yourself manually, thus choosing WHERE to focus your dividend income? Or are you not using dividend profits to make additional purchases and instead add more money to your portfolio in order to invest specifically in those not doing as well? Thanks.
This is a Great video. I have a small dividend investing RUclips channel investing for financial freedom and this video really makes rethink 1 or 2 of my investments, even though I did my individual stock research and have mostly dividend aristocrats and dividend kings. I have 25 positions and 2 of them are T and VZ and you really put them into perspective for me here. I may consider replacing one or both of them with CAKE, TXRH, MA! thanks for the Straightforward Info Joseph!
Sounds like he is already set. A more realistic would be like 10k a year for low income people like me. I usually incest on etf and have a few shares of Coca Cola.
I know Amazon doesn’t pay a dividend, but that is a diversified company I would add to this portfolio. It’s like a value company that performs like a growth company
Joseph, can you make an introductory video on the tool you are using for the charts in this video? This is so visually consistent to how you explain these concepts. I would like to use it for my dividend journey as well. Your knowledge is amazing 🙌
First video to watch on this channel and that was the first thing I wanted to know as well. I also see his use of M1. I'm brand new to this world and am curious to know which tools might be beneficial.
@@Michael-ke8on there referring to the idea that Charlie munger (a popular investor like buffet) said “your first 100k is a bit**” It’s the idea that once you reach this number you can slow down and let compounding take over.
Starting early is simple. The best way of getting ahead to build wealth, investing remains a priority. I learnt from my last year’s experience, I was able to build a suitable life because I invested early ahead this time.,.,..,
I’m celebrating a $30k stock portfolio today. I started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me
I'm older than most of you and don't reinvest my dividends but buy on the ex dividend date or severe down days which usually recovers a few days later. My dividend stocks are very conservative though.
Thank you for explaining Dividend investing so well. Lots of useful information. Qualtrim looks great, especially helping to simplify the data. Is it also a stock scanner? Or just a portfolio tracker?
Just started dividend investing in Q1 2023 and it Q2, Ive earned $96 in Q2! I could’ve made more but I maxed out my roth ira too for capital gains. Have a little bit of crypto for diversity. Cant wait to see how much I make in the next quarter
my monster dividend portfolio is 100% $TSLA. For the untrained eye, a 0% dividend yield might be too low for it to be in a dividend portfolio. The trained eye will look at the cash flow growth rate and wonder what will they use all that cash after 2030? dividends/buybacks
Why wait for TSLA to distribute dividends, and IF they ever do. If you have 100,000 it’s better to invest it now and collect dividend over the next 10 years than to get dividends 10 years from now.
Have you guys seen the market lately? My stock portfolio has taken quite a hit, My tech stocks have been plummeting. I have lost almost $120K in my stock portfolio. it's been a rough ride.
I think there are a few factors at play. Recession is looming, and the Fed is talking about interest rate hikes. That's spooking investors. Geopolitical tensions are playing a role too. The ongoing trade disputes and conflicts are making everyone nervous.
I have been speaking with a coach for a long time now mostly because I lack the background knowledge and mental toughness to handle these reoccurring market conditions. I made over $520K since Q2 from an initial $180K. There is just more to the market than the average person is aware of.
@georgeh That's quite incredible! My p0rtfolio has been performing poorly and i've lost a significant amount of money, I could really use their advice too. Who is the coach?
@fredm 'Heather Lee Larioni' is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
How much do you contribute on a regular basis to have a portfolio that size in only 5 years? I’ve been maxing my 457 for 10 years and it’s not to that amount yet. Great looking portfolio!
Great video! Well I'm so happy I made the best decisions by having a good investment. Recently, I'm able to acquire my third house even at my age and I believe if things keep going well I would retire early
That's nice! But how did you manage to achieve all that even with the current economy that's very bad? Please I'll appreciate your assistance on how to go about it, I'm desperately looking for a way to pay up my debts and also achieve my goals
The best strategy to use in trading is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed, I'll highly recommend Victoria Taylor, she is my current trader and her strategies are working
Actually this is not the first time am hearing of Victoria Taylor and her exploits, how she handles investments and generates good profits, she has really made a good name for her self, but I have no idea how to reach her
I grew up on military bases all my life, so I was accustomed to what's usually offered on base as far as restaurants and shops. Yet I was actually surprised when my parents told me there's a Texas Roadhouse up in JBLM in WA. But then I thought of how perfect of a fit that was. Usually there's only fast food places, but the value TRH offers even at a sit down restaurant is tremendous, and is sure to appeal to value-seeking military families that live on base (and this is a big one). Needless to say, I'm told the place gets lots of business.
I'm 29 & took a jumpstart approach to growing the snowball. Heavy on REIT's & BDC's but all dividends & contributions have been going into DGRO, SCHD etc.
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.Read more
As a new investor it's always great to hear from a person who has gone through all the difficult times and come ahead of it. it's unnerving to see your portfolio go from green to red but as mentioned if you have invested in quality names just have to keep adding to them and stay the course.
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.Read more
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Vivian Carol Gioia is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
Thank you, noticed your early list is just a double list of same thing. Appreciate your time and sharing... Great plan. Look into IRA to Roth contribution... For future. Growth tax free after tax contribution... Gives more money options
Congrats Joseph on your fist 1Million view video. VERY WELL deserved and i would say a long time coming!!! Keep up the amazing work and the transparency. Its crazy ive seen you grow from your first/second episode and when you were just getting a few thousand viewers to now.
one critique: those div growth companies only could increase their payouts in the way they did cus those companies were that successful during that period. the div growth % wouldn't be that impressive if the stock prize did not increase along with it. in retrospect a decade ago verizon and at&t surely were considered a safer option. That's why I like to diversify more in adding some "safer" higher yielding stocks. overall, your personal age is also always an important factor to consider in your portfolio strategy.
As an independent woman I started my first investment plan with just a $1000 and now earning weekly income of $4830 in cryptocurrency exchange with my personal broker.
*I began my investment journey at the age of 27, primarily through hard work and dedication. I am thrilled to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity.*
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of *$500k* in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
The adviser I'm in touch with is *'Donald Nathan Scott'* He works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else, for me his strategy works hence my result. He provides entry and exit point for the securities I focus on.
Hey Joseph how much of the total value of the portfolio is what you have put in yourself? If you take the total of $463,185.82 and subtract the $56,114.67 market gain and subtract the $21,594.19 in earned dividends you get $385,476.96, is that roughly the amount you have invested or are those numbers off, or a yearly/monthly value. Just want to know how much you have personally added over the years compared to what it has grown to. Thank in advance.
I was thinking the same thing. Putting in almost 400k in roughly 5 years seems unachievable for most people. RUclips must be paying well or there is another job/side hustle contributing to the portfolio. Either way he is doing very well. Congratulations.
Really insightful video. Question on low performers like VZ and ATT. Is there a strategy around buying these companies so when you sell them, you actually have losses (to offset other gains) but all along you were getting dividends (taxed at a capital gains rate)?
This was so incredible to watch! I love the way you guys talk about money as a family and I aspire to be that kind of parent in the future! My sister recommended your account in 2020 and I’ve been following since… It literally changed my life because it gave me the financial literacy I needed to start investing. Thank you and way to go girls 🎉 what they’ve accomplished is amazing.
Dividends from SCHD are typically taxed at the qualified dividend rate, which may be lower than ordinary income tax rates for many investors. However, the main focus for markets now is Nvidia, which has powered a large chunk of the S&P 500’s recent earnings. Nvidia’s stock, up more than 90% this year, rose 2.5% in New York on Monday, sending the Nasdaq 100 index to another record high. 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 advisors 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/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Finding financial advisors like Sophia Maurine Lanting 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.
I embarked on my dividend journey upon recognizing that two specific budgetary expenses, taxes, and insurance, were consistently on the rise and unlikely to decrease. Acknowledging the need for additional income to counteract the significant increases in both, I began acquiring shares that pay dividends. I now envision this as the path to ensure that these two expenses do not surpass my future income.
Receiving insights from a seasoned investor who has overcome challenges and emerged successful is consistently inspiring. While it can be daunting to witness your portfolio shift from positive to negative, persisting with investments in robust companies allows for continued growth and staying true to your goals.
I wholeheartedly concur, which is why I appreciate giving an investment coach the power of decision-making. Given their specialized expertise and education, as well as the fact that each and every one of their skills is centered on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it is practically impossible for them to underperform. I have made over 1.5 million dollars working with an investment coach for more than two years
We are just a step away from accumulating wealth through information. I am aware of many individuals who built fortunes during the Dotcom crash and the 2008 recession. I am currently exploring similar opportunities in the current market. Can the consultant who guides you assist with this?
My Financial Consultant is Stacie Lynn Winson. I found her on a Kiyosaki interview where she was featured and reached out to her afterwards. She has since provided entry and exit points on the securities I focus on. You can run a quick online search with her name if you care for supervision. I basically follow her market moves and haven’t regretted doing so
I like your point about delaying gratification. I understand and appreciate that point, but how can you feel like progress is being made, while setting yourself up for long term rewards?
I'm not sure why this video came on my feed, but I'll give some info... Your dividend does not increase over time. The dividend itself is the same rate as the day of purchase(this is why people look at current rates, not future rates). We can use the example he provided at 13:50 where the dividend went from 0.08 to 0.55. The issue that he's not understanding here is that HIS dividend payment hasn't changed. This is the new rate for NEW purchased shares. So, if he simply held the stock from 3/14/2011, he'd still be making 0.08 and not the 0.55 that he claims. The only way you will achieve the 0.55 that you see is if you purchase shares from 3/07/2023 or later. Dividend payments do not simply adjust because the company changes how much it pays out. You're still making the 0.08. Often times, people will use reinvestment systems where it will reinvest into the same product, sort of dollar cost averaging into higher dividends. This will cause your "system" to show you having a higher dividend, however your initial investment is still down at 0.08. Math wise, it's a simple calculation, however you will never achieve 0.55, unless you were to sell all your stock and then re-buy at the 0.55 rate.
Joseph! I think your more of quality company investor at a reasonable price than a true dividend investor. The first thing I see you look at is the quality of the company first, dividend is nice to have but not necessary if I have to guess you would choose a high quality company that doesn't pays any dividend over a similar quality company that does pay a dividend, no? Without dividends, and if company has high ROIC it's more tax efficient for that company to retain the cash and invest internally. for example you own NFLX, AMAZON both that don't pay dividends.
The story fund was set up specifically to be a portfolio not to be centered around dividend income. I made it to show a different style of analysis and content. You are right. Far more of my time is spent assessing the quality and fundamentals of a company than the dividend. But keep in mind the dividend is mostly an output metric. Companies pay dividends after earning the cash for pay it. In order for a company to pay a dividend, or do buybacks, they need to earn money, earning money on a consistent and growing basis is what I’m looking for, which leads to paying a growing dividend. So I would argue that they go hand in hand. You can’t confidently build a dividend growth portfolio without first trying to determine which companies will keep growing the dividend, and to make that determination you need to study the qualities of the company.
Hi Joseph, love your videos. Question..don’t you think that starting yield matter though? As investing is all about creating a portfolio that matches one’s objectives, time frame and risk tolerance, someone wanting to retire in 10 years is much better off focusing on starting dividend yield of ie 4% than 1%? The growth rate for a starting yield of 0.6% will take a very long time before they produce the “passive income” required for someone to live off even at a very fast dividend growth rate
TXRH is a good company, and the share is 149.26 usd as to day. TXRH pay 2,6 usd in divident for 2024. 2,6 usd is 1,51% . That is less then the inflation in Usa.
I was gonna just flood o realty because of their high dividend but realizing what your explaining changed my entire strategy first of all I’m adopting stocks that are above inflation and grow not just high dividend percentage initially and now I’m adopting your portfolio because everyday I can buy a dip on any given stock not just wait for that one I’m flooding to dip……your a genius bro thank you
The ongoing sell-off in bonds and worries about an escalation in Middle East hostilities are weighing on the market, as it waits for Big Tech companies to fire up earnings season this week. That is why I'm looking for companies now to put in $80k for a start. Just don't know how to proceed.
thank you for sharing Joseph, great video. I do have a comment on Meta and it is It is intriguing how Meta, a company known for its limited transparency on social media, aims to enter the competitive landscape of True social network.
It feels like the examples you're giving are the safer some of the investments in your portfolio. I'm thinking your strategy with the low early growing dividend yield is to get in early and wait it out?
First time I watched your videos. I pretty much agree with your strategy. However, if you need to live off the dividend income within the next 10-15 years, it is difficult to get an income that is sufficient to cover your needs when the div rate is 1%. There are many stock with div yields > 3% who are growing cashflow, profits and increasing the dividend.
You could probably get close to Berkshire performance by putting half your money into Apple, and the other half into SCHD, and you would receive dividends.
Warren Buffett's perspective on dividends is that they may not be beneficial if a company has better uses for its capital to promote growth. Instead of focusing on dividends, he suggests investing in companies with growth potential. However, some investors see dividends as a way to generate income. It's possible to create a portfolio that generates a dividend income of $50k-70k with a $1 million investment.
Dividends from the stock market encouraged me to begin investing. What matters, in my opinion, is that if you invest and make additional money in addition to dividends, you will be able to live off of dividends without selling. It implies that you can provide that benefit for your children, giving them a head start in life. I've invested more than $600K in dividend stocks throughout the years; I'm currently buying more today and will continue to do so until the price falls even further.
One thing I would like to point out is that by keeping your portfolio in M1 you are missing out on selling deep out-of-the-money puts and calls on the companies you own. Doing this would greatly increase the snowballing effect you discussed.
Hey Joseph, love your content! I appreciate at what depth you go to explain investing to your follows. I’m definitely making strides in my investing journey. Thank you man!
One of the best and most concise and results oriented strategies ....with Excellent advice based on hard fought experience !! Keep up the great work !! Thank you 😎
Nice insight! Big fan of your channel, I Retired with a seven-figure portfolio and i'm receiving around $169,500 in dividends yearly. I've been investing in stocks for nearly ten years. Passive income is likely one of the most essential and central ways millionaires accumulate wealth. I started putting money into ETFs and other stocks last year, 2k weekly to be precise and my ETF portfolio has risen to 190k since i started january last year, whereas what I have invested is 48k. I'm grateful for my broker Olivia Rene Reyes, who handles all of my investments and ensures I stay above the market
Impressive!! Also, I did read about Olivia Rene Reyes on the web, I was able to find her webpage and reach out. I'm willing to make consultations to improve my portfolio
I’m watching this video 10 months after it was posted. This is great content and actionable strategy. I learned a lot and look forward to implementing these strategies. Thanks for posting!!!
So from 2017 your total input was about 385k, and after nearly 7 years, your balance is now 463k, which is 20% higher, am i missing something? And also only 20k of that was even dividends, i just dont see the appeal myself but each to their own.
I recently inherited almost $500k. I REALLY need to make this money work for me, and not just disappear over time. I've been scrambling for somewhere to put the money, where I can make an effort to use the gains to pay bills so I can quit my job . All roads have pointed to the financial market of some sort which is a good idea buh where else should I put money besides the financial market? We have a 13% RPI rate so cash is tough.
Yep great question and that’s always the one - where would you rather be if you have an option. Personally I’m always invested aside from a small emergency fund. Financial-market for me seem the only way forward with my long time horizon (accrued almost $1.4m in gains since 2020 ) but if you don’t have that fortune of time it’s a tough market out there almost nowhere feels safe! . Just know the risk you're comfortable with . Mistake is expensive
very informative, one option I suppose is, if you were to invest a set amount buy the whole share in a ETF and the remainder could go into a index for which would allow you to purchase the fractional shares, is that an option?
@@j.wmatney well a million in profit is a nice milestone, how did you achieve that? I guess you have a proven trading strategy that you've spent a lot on please share more info !! and YES i dont want to make
Lol, I began with an Advisor by name Camille Anne Hector. She’s sec verified and an ISDA member. Her approach is transparent allowing total ownership and control over my portfolio and fees are very reasonable in comparison with my ROI.
Found her website easily it was like the frist thing that came up when I searched on her name and also her mail address I will surely touch bases with her to see what's the best step for me to take rn. THANK YOU.
I have over $200k ready to be invested, however I am having trouble trying to find out what investments would be best during this present economy. Heard index funds and ETFs provide diversified stock market exposure while spreading risk. How true?
very true, there are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of the professional guiding you please?
I hope you all have an amazing start to your weekend! Watch this video to the end for some laughs.
If you want to hang out this weekend on Discord and shoot the breeze discussing some stocks on Qualtrim.com, check out the Patreon. It's $10/month, cancel any time, risk-free, with a free trial of now till the end of the month. I take the Costco strategy of making sure you love it enough that you want to stick around.
Try it out here: www.patreon.com/josephcarlson
Does Qualtrim cover international stocks? (Canada, Europe, Japan, etc.)
Forget kidneys, I could just pawn one of my extraordinarily large brass testicles for a cool mill and a half. -Buy a large yacht, fill it with Hoe's, shoot a pop culture musical video. While also selling the documentary film rights to the whole process. After filming (and editing of course) get my literal nut back outta hock, broker the yacht, "stiff" the Hoe's, short the film crew, then retire with the appreciative value of the brass metal weight vs inflation and start a divvy fund. Whaddaya think Mr J.C. is this a sound investment and business strategy? Do you want to contribute some seed funds to drum up ad money for launching this venture?
@@perpetualdividends6719 some
Do you have a list of your current stock positions? New Subscriber, stumbled across your YT channel as someone in the Facebook Dividend group mentioned your channel. Thanks for the video(s) .. 👍🎊💯
What is the investment vehicle for your portfolio. Is this within a Roth IRA. I'm 58 and don't have much saved but I'm making 85k and Really need to get something going for retirement as far as passive income. Do you have a video on actually setting something up in a little more detail. I will be working for a while yet. Thank you.
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or diversify ?
Invest in S&P 500 ETF, for as long as possible. Do it as often as you can. Try not to withdraw this money and let compounding do its work. 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/advisors i can get on the phone with? i'm in dire need of proper portfoIlo allocation
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
She appears to be well-educated and well-read. I ran an onlline search on her name and came across her webslte; thank you for sharing. I sccheduled a caII..
If you see anyone commenting on their financial advisor or glad they got into crypto it’s a scam keep scrolling..
That’s not completely true when I was in high school I used to trade crypto and actually made a pretty good amount for someone who was just stuffing around but yes now everyone invest it’s all over the place
And remember, if youre actually looking for one. Please i beg you to go to your local bank to gain more info. DO NOT GO AT THE COMMENTS
@@moeybasha7439 I think you missed his point. He wasn't bashing crypto... but the bots who reply to themselves while tossing some crypto guru master's name out there... it's annoying and very much a scam.
Yal🙄
DON'T go to your bank for info 😂
Just study financial instruments.
i lost my dad about six months ago and I'm going to receive some money soon. Would it be wise to grow my money in stocks for a few years while I'm in college and then invest in rental properties afterwards, or should I start with real estate investing first?
I would advise the counsel of a seasoned financial pro. It may seem expensive, but as the old saying goes - "you get what you pay for" "Expert solutions require Expert providers" - my mantra
Agreed, investing with the help of an advisor set me up for life. Retired with about $1.6m in my stock portfolio only. I worked hard everyday as a teacher for 27 years, and my salary was over 100k annually. Supplementing my income with stocks and alternative investments helped me by far beat the retirement age of 65.
I've worked in real estate for over 25 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, however I need a different plan now.. mind if I look up the professional guiding you please?
Judith Lynn Staufer is my FA. Just searched her name and you’d find necessary details to work with. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
Thanks for sharing. i searched her full name and found her web instantly. After reviewing her credentials and conducting due diligence, i reached out to her.
Acquiring stocks could appear simple, but choosing the right stock without a tested plan can be very difficult. My main barrier to growing my $210K portfolio, which I've been working on for a while, is the absence of well-defined entry and exit plans. Any guidance on this would be highly valued.
I’m not in a position to offer financial advice, but given the significant amount of capital you're working with, it would be wise to consult a financial advisor who can guide you in developing a strategy tailored to your goals and risk tolerance.
Factos!!. After experiencing a major portfolio loss in 2020 amid the COVID pandemic while trying to manage my investments on my own, I reached out to an investment advisor. They helped me turn my $420k into a seven-figure portfolio by providing the guidance and strategy I needed. Having that expertise made a significant difference in my investment journey.
Thanks for sharing your experience! I’ve been managing my portfolio myself, but it’s not working out. Do you have any recommendations for a good investment advisor? I could really use some help.
Teresa L. Athas a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Thank you so much for the suggestion! I really needed it. I looked her up on Google and explored her website; she has an impressive background in investments. I've sent her an email, and I hope to hear back from her soon!
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.
As a beginner, educate yourself, Learn the basics of investing and the stock market. There are many resources available online, including books, articles, and online courses. It’s a good idea to diversify your portfolio across different stocks and sectors to minimize risk. I’ve heard of people accruing over $550k during recessions and inflation, its important to do your own research.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Finding financial advisors like Melissa Terri Swayne 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.
I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.
Based on my 6 years of experience with dividend investing, my best advice is to adopt a long-term mindset. While dividends offer attractive income, their true potential lies in the remarkable compounding effect that unfolds over time. With a $350,000 portfolio, I'm now seeking to optimize its performance by adding high-potential companies. I'd love to hear your ideas and insights
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.
Many people underestimate the value of financial advisors until they've suffered losses due to emotional decision-making. I learned this lesson the hard way after my divorce a few summers ago. To keep my business afloat, I sought out a licensed advisor with exceptional credentials. Thankfully, I found an expert who has been instrumental in growing my reserves despite inflationary pressures, increasing my wealth from $275,000 to $850,000. Her guidance has been invaluable, and I now recognize the importance of seeking professional advice to navigate complex financial situations.
Impressive gains! How can I get your advisor please, if you don't mind me asking? I could really use a help as of now.
Rebecca Noblett Roberts is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thank you for the lead. I searched her up, and I have sent her a message. I hope she gets back to me soon.
How can I make good profit as a beginner starting with $6,000 ~is8
As a beginner, it's essential for you to have a guardian to keep you accountable. I'm guided by Amanda Katherine Nakitare
Don't rush in rather seek expertise like Amanda Katherine. Growing a port-folio is complex
I racked up so much losses trying it on my own. Amanda really saved me from myself
Finding someone truly skillful is hard. I'm happy to see that a lot of people found Amanda
Same here. Amanda managing myportfolio was my best decision. Gotten more than half a million since
I already own shares of NVDA, PALANTIR, TSLA, and APPL as well. Sure, I don't mind having these equities sit around for a while, but I'd also like to appreciate short-term opportunities that could fetch $200,000
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.
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.
“Lucinda Margaret Crist” is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
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 really want to know how to do this,i always enjoy Joseph video,but just don't know where to start from,i ask for help help here,i need someone to put me through.
I wish I could have retired in my 50's. I'm 65 now, I started investing late . After some research, I found a strategy that helped. I'm pleased to say I'm retiring with at least $2 million.
@@MichaelGabreil It’s worth noting that luck often plays the significant role in some cases, sometimes even more than the resources involved. Without it, its challenging
@@ClemonSteve I usually avoid making specific recommendations because everyone's situation is unique. However, my experience with Julie Ann Lerch has been quite positive. You might find it worthwhile to see if her approach fits your needs
@@MichaelGabreil I looked for the name online and found her page.I will get in touch with her,Thanks for the help
I emailed and made inquiries. Thanks for the help
I started my 250k portfolio last year with SCHD, VOO, and VUG after watching one of your videos. In terms of share price, VOO is way up (22.25%) and VUG is waaaaay up (39.62%). Thanks for the education! Will this provide solid cashflow?
keep acquiring! I'd suggest you consider financial advisory at this point in time, remember you are in for the long haul.
I agree, it's important to balance your portfolio allocations. I recommend a managed portfolio, though their performance can vary. It's best to consult a fiduciary for guidance. That's what my spouse and I did, and we've grown our portfolio to $1.7 million.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with Monica Shawn Marti for years and highly recommend her. Look her up to see if she meets your criteria.
I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with Monica Shawn Marti for years and highly recommend her. Look her up to see if she meets your criteria.
I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.
Got it! Buying stocks during a recession when prices are down could be a good move. You might get them at a lower price and sell later when they go up. Just do your homework and be aware of the risks before diving in!
@SinikadzaiChewte Mind if I ask you to recommend this particular coach you using their service?
Homeownership is obtainable you all just want big houses. Look into the Tiny Home movement. It's affordable.
It's called living within your means so you can invest the rest just investing 10% of your money can be life changing if done right
Real info says your incorrect
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Milton Harper, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
He mostly interacts on Telegrams, using the user-name,
@MiltonHarper
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience...
Milton Harper is among the best traders on the internet and I'll keep saying it every time.
Best signal provider in the market. Knowledgeable, level headed no loss like some other traders who recently jumped on the bandwagon.
1. Be rich
2. Stay rich
3. Get richer
👍 😊
I think a reason why you could get criticised for buying such low dividend companies is because in my opinion the strategy you are outlining isn't a 'dividend investor' strategy. You are not investing for the dividends at all - in fact, as I see it, you could as well buy into companies that do not pay any dividends whatsoever. Your gain and what you look for, as you point out in the video, comes from the growth of the underlying business, not from the businesses distribution of wealth to its shareholders.
In other words, this strategy should perhaps be better described as a 'fundamentals driven large cap growth' - strategy. You invest in established large cap companies that you deem to have low risk and good potential for growth in the future based on business fundamentals.
When I think what a meanful description of a 'dividend investor' would be, it would have to be someone who is investing with the main purpose being to grow their portfolio through the distribution of wealth from their ownership shares. For example, a company that has reached its natural marked limit and only grows with GDP whilst paying out its excess cash flows every year to its owners, or a company that for other reasons do not focus mainly on reinvesting its earnings. And I think you are very right in your criticism that this kind of investing quickly can turn into investing in companies that not only have a saturated marked but indeed is stagnating and might contract.
A dividend that grows is better than one that stays the same, and a low dividend can be a sign of success or failure. You have to research the dividend, and it must have a good growth ratio around 10%. A lot of companies with dividends run a flat line but have a decent dividend and can payoff very well but take significant time.
Hes investing like warren buffet but he doesn't have billions of dollars so he wasting his time. Its pure cringe. He thinks its in the same shoes as a billionaire who doesn't need passive income. Its stupidity at its finest.
I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $1m+ before retirement, I'm 55.
Your allocation looks solid. Consider dollar-cost averaging & dividend reinvestment. I suggest you consult with a financial advisor for guidance.
Accurate! asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed overtime.
That's incredible. Could you recommend who you work with? I really could use some help at this moment.
Amy Desiree Irish is the advisor I use and am just putting this out here because you asked. You can Just search the name.
Wow!! her track record looks really good from what I found online.i just filled the form and scheduled for a call. Thanks to you.
Finally some straight talk with no bs smoke n mirrors thank you
Insightful video. I just want to know best how people split their pay, how much of it goes into savings, spendings or investments. I'm 27, and earn nothing less than $150k per year, but nothing to show for it yet
the fact that you watching this type of videos in your 30s says you doing great. You have a real chance of becoming rich. I would encourage you to stop looking in the wrong places for advice. THINK!! they won't be there to know when thier advice has would'vegone south. Work with a flnancial advlser instead and say bye to speculative investing, if you do this long enough, you will have something to show for it in no time.
I had an advisor that had me living on only Soc Sec and Pension whole she had my IRA Grow to $2 Million and I thought WHY wud I want to eat gruel like scrooge w $2 million in the bank! I want to Travel a0nd enjoy Retirement I worked hard for this money!
That's impressive! I could really use the expertise of this advisor.
She's Sonya Lee Mitchell. Get your answers when you looking her up
Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds.
Great tip. I invest in company's that raise their dividend each year, i'll definitely check that number against inflation.
it doesn't matter if they raise it or not if it doesn't pay out more then inflation its pointless.
If you're aiming to retire off dividends, it's crucial to save for a substantial investment. My top picks are SCHD and VOO, among a few others I can't disclose. Remember, you can't expect to turn a thousand-dollar investment into a million-that’s where many people go wrong. Investing isn’t a lottery! Make realistic investments. While being ambitious is important, there’s a big difference between ambition and unrealistic expectations. For instance, last year I invested $80,000 in stocks and earned about $246,000. I reinvested that amount and am now approaching a million.
Great opinion!!
I have 50K which I can invest. First time investor, what would you do?
Hey! Quick question, when you invest in these stocks, do you Dollar cost average? Or do you put in a lump sum?
DCA always
@@Blittsplitt5did you ever do a thorough research of this? I’ve seen a video lately that claims mostly investing all at once outperforms DCA - only in rare occasions it would be other way round: if the stock is going down, but usually you want to pick a stock that goes up
SCHD has large positions in VZ and MMM, and a lot of industrials and companies with high starting yield and low dividend growth. Can you explain why you think SCHD is a good investment while suggesting we should avoid some of its largest individual holdings?
Because schd will eventually bump them off the 100 stocks they pick when those 2 stocks eventually get to the bottom and off the list after they restructure the etf.
They will remove it. Just like nasdaq did to a ravian.
Also they added Ford which imo will be a huge player in the future
Important question I really hope I can get a quick answer to!! What about SCHD? Do you invest in ETFs that have bundles of stocks in order to diversify just a little bit more?? Do you feel the returns are simply better investing in these companies directly??
Thanks for explaining capital appreciation and dividend growth. I've paid attention to it, but something clicked a bit more than before!
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.
''
If you need advice on short-term investments, consider speaking with a financial advisor. They have a lot more knowledge and expertise in this area.
....
I've been in touch with a financial analyst ever since I started investing.....Knowing today's culture The (hallenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. 0n my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.....
I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach???
Her name is. 'GRISELDA ELENA JEMMOTT’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
80% equities 20% cash. I plan to take advantage of the s&p 500 as leading indicators predict above 10% rise by this year, my only issue is how to properly allocate a large stock/bond portfolio for substantial gains at minimum risk.
It’s important to do your own research and consult with a financial advisor before making any investment decisions.
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $850,000 with the help of my advisor from an initial $150,000 investment.
Who is this person guiding you and how can i reach he/she?
I'm pleased with the advisor's prompt and knowledgeable assistance. Their professionalism instills confidence. Looking forward to further discussions.
I'm pleased with the advisor's prompt and knowledgeable assistance. Their professionalism instills confidence. Looking forward to further discussions.
I’m pretty young and just started my portfolio. Dividends drew me in right away! Slowly trying to create significant passive income
Joseph can you show us your IRA investments? Im 23 and started a Roth IRA a few months ago and am in SCHD, VXUS, and VTI. Im curious to see your IRA investment strategy.
Canadian banks have been a great tool - as they have been paying dividends collectively for about 200 years - with no dividend cuts - I also like Canadian insurance companies…. - CIBC has increased their dividend by 5% per year, over the last 5yrs
Joseph - I find your advice - priceless $$ - thank you 😊
You mentioned you take your income and re-invest specifically in the positions that aren't doing as well (like VICI). So does that mean you don't have your investments set to re-invest dividend income and you do it yourself manually, thus choosing WHERE to focus your dividend income? Or are you not using dividend profits to make additional purchases and instead add more money to your portfolio in order to invest specifically in those not doing as well? Thanks.
This is a Great video. I have a small dividend investing RUclips channel investing for financial freedom and this video really makes rethink 1 or 2 of my investments, even though I did my individual stock research and have mostly dividend aristocrats and dividend kings. I have 25 positions and 2 of them are T and VZ and you really put them into perspective for me here. I may consider replacing one or both of them with CAKE, TXRH, MA! thanks for the Straightforward Info Joseph!
Agree with everything except 38:56 and your defense of Vision Pro. Great job thanks
Congratulations 5 yrs and almost 500k. Nice job 👍🏻
Sounds like he is already set. A more realistic would be like 10k a year for low income people like me. I usually incest on etf and have a few shares of Coca Cola.
I withdrew from my dividend portfolio to get a RUclips setup but I'm starting again! Thanks for all the tips!!
Word that's awesome. Now give me actual solid tips no BS brooo
I know Amazon doesn’t pay a dividend, but that is a diversified company I would add to this portfolio. It’s like a value company that performs like a growth company
Joseph, can you make an introductory video on the tool you are using for the charts in this video? This is so visually consistent to how you explain these concepts. I would like to use it for my dividend journey as well. Your knowledge is amazing 🙌
Second this! Following
Ahhh, it’s called Qualtrim, $10/month
First video to watch on this channel and that was the first thing I wanted to know as well. I also see his use of M1. I'm brand new to this world and am curious to know which tools might be beneficial.
love how it turned from eductional advice on dividend stocks to a meta analysis lol, i am subbing, keep it up bro
Just cracked $100k in my dividend portfolio this last week. Almost two years on the dot (started end of June 2021). Time to keep compounding
You hit Charlie’s magic number congrats and goodluck brother!
Super hard to get there but now it's easy street. Even easier if you chuck in a few grand here and there
@@DustinBentley what is Charlie's magic number, what does that mean
@@Michael-ke8on there referring to the idea that Charlie munger (a popular investor like buffet) said “your first 100k is a bit**”
It’s the idea that once you reach this number you can slow down and let compounding take over.
@@moldymoss3991 thanks, I was looking for a source, but couldn't find it
Starting early is simple. The best way of getting ahead to build wealth, investing remains a priority. I learnt from my last year’s experience, I was able to build a suitable life because I invested early ahead this time.,.,..,
I’m celebrating a $30k stock portfolio today. I started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me
Wow, really. I was able to make my $25k on investment
@@tracyholian2944I’m looking for something I can venture into on a short term basis, I have $15k sitting in my savings
Assets that can make you rich
*FX
*Btcoin
*Stocks
*Gold
*Real estate
You’re right but a lot of people remain poor due to ignorance
I've watched all of your videos Joseph, this is the best one! You have an excellent financial acumen, great work!
I'm older than most of you and don't reinvest my dividends but buy on the ex dividend date or severe down days which usually recovers a few days later. My dividend stocks are very conservative though.
Thank you for explaining Dividend investing so well. Lots of useful information.
Qualtrim looks great, especially helping to simplify the data. Is it also a stock scanner? Or just a portfolio tracker?
Just started dividend investing in Q1 2023 and it Q2, Ive earned $96 in Q2! I could’ve made more but I maxed out my roth ira too for capital gains. Have a little bit of crypto for diversity. Cant wait to see how much I make in the next quarter
my monster dividend portfolio is 100% $TSLA. For the untrained eye, a 0% dividend yield might be too low for it to be in a dividend portfolio. The trained eye will look at the cash flow growth rate and wonder what will they use all that cash after 2030? dividends/buybacks
Might be too low? Lol
As a Tesla shareholder myself I find this hilarious and TRUE
$TSLA holder since 2018 here. I wish I had bought more last December.
Why wait for TSLA to distribute dividends, and IF they ever do.
If you have 100,000 it’s better to invest it now and collect dividend over the next 10 years than to get dividends 10 years from now.
@@raaaaaaaaaam496
He doesn’t know what he’s saying at all
Have you guys seen the market lately? My stock portfolio has taken quite a hit, My tech stocks have been plummeting. I have lost almost $120K in my stock portfolio. it's been a rough ride.
I think there are a few factors at play. Recession is looming, and the Fed is talking about interest rate hikes. That's spooking investors. Geopolitical tensions are playing a role too. The ongoing trade disputes and conflicts are making everyone nervous.
I have been speaking with a coach for a long time now mostly because I lack the background knowledge and mental toughness to handle these reoccurring market conditions. I made over $520K since Q2 from an initial $180K. There is just more to the market than the average person is aware of.
@georgeh That's quite incredible! My p0rtfolio has been performing poorly and i've lost a significant amount of money, I could really use their advice too. Who is the coach?
@fredm 'Heather Lee Larioni' is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
@georgeh I looked up her full name online and found her page. I emailed and made an appointment to talk with her; hopefully, she gets back to me.
How much do you contribute on a regular basis to have a portfolio that size in only 5 years? I’ve been maxing my 457 for 10 years and it’s not to that amount yet. Great looking portfolio!
😂😂😂 every comment here is some nigerian price/pajeet spamming their miraculous investor😂😂😂
they are bots talking to each other. its insane.
Great video! Well I'm so happy I made the best decisions by having a good investment. Recently, I'm able to acquire my third house even at my age and I believe if things keep going well I would retire early
That's nice! But how did you manage to achieve all that even with the current economy that's very bad? Please I'll appreciate your assistance on how to go about it, I'm desperately looking for a way to pay up my debts and also achieve my goals
The best strategy to use in trading is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed, I'll highly recommend Victoria Taylor, she is my current trader and her strategies are working
Actually this is not the first time am hearing of Victoria Taylor and her exploits, how she handles investments and generates good profits, she has really made a good name for her self, but I have no idea how to reach her
gram
Victoriatalyor is the name to look for
Great idea about the kidney. Just one question: should I use the left one or the right one?
Curious about how much of this applies to dividend-paying ETFs
For every one that wants to start investing for real, the first book to buy to understand better the concept is: "value investing " - benjamin graham
Starts at 3:00
Joseph how do you invest in individual stocks if M1 distributes your investments evenly through the whole portfolio?
M1 can do that if you have it set to auto-invest, I suspect Joseph does his buying himself to allocate where money is going.
Turn off auto invest. When a dividend comes in buy the stock you want
I grew up on military bases all my life, so I was accustomed to what's usually offered on base as far as restaurants and shops. Yet I was actually surprised when my parents told me there's a Texas Roadhouse up in JBLM in WA. But then I thought of how perfect of a fit that was. Usually there's only fast food places, but the value TRH offers even at a sit down restaurant is tremendous, and is sure to appeal to value-seeking military families that live on base (and this is a big one). Needless to say, I'm told the place gets lots of business.
I'm 29 & took a jumpstart approach to growing the snowball. Heavy on REIT's & BDC's but all dividends & contributions have been going into DGRO, SCHD etc.
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.Read more
As a new investor it's always great to hear from a person who has gone through all the difficult times and come ahead of it. it's unnerving to see your portfolio go from green to red but as mentioned if you have invested in quality names just have to keep adding to them and stay the course.
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.Read more
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Vivian Carol Gioia is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
Thank you, noticed your early list is just a double list of same thing. Appreciate your time and sharing...
Great plan. Look into IRA to Roth contribution... For future. Growth tax free after tax contribution... Gives more money options
What are your thoughts on Altria?
Congrats Joseph on your fist 1Million view video. VERY WELL deserved and i would say a long time coming!!! Keep up the amazing work and the transparency. Its crazy ive seen you grow from your first/second episode and when you were just getting a few thousand viewers to now.
one critique: those div growth companies only could increase their payouts in the way they did cus those companies were that successful during that period.
the div growth % wouldn't be that impressive if the stock prize did not increase along with it.
in retrospect a decade ago verizon and at&t surely were considered a safer option. That's why I like to diversify more in adding some "safer" higher yielding stocks.
overall, your personal age is also always an important factor to consider in your portfolio strategy.
I'm glad I got into crypto when I did because it’s been a turning point for me financially, been my best decision so far.
As an independent woman I started my first investment plan with just a $1000 and now earning weekly income of $4830 in cryptocurrency exchange with my personal broker.
Inspiring! Do you think you can give me some advice on how to invest in a healthy way as you are doing?
Ms. Claudia Jenkins is my personal professional broker, I met her at a conference in 2018 and we have been working together ever since.
Isn't that the same Ms. Claudia Jenkins that my neighbours are talking about, she has to be a perfect expert for people to talk about her so well
Please how can I contact this woman Claudia Jenkins? I will also like to invest with her
*I began my investment journey at the age of 27, primarily through hard work and dedication. I am thrilled to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity.*
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of *$500k* in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
wow ,that's stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
The adviser I'm in touch with is *'Donald Nathan Scott'* He works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else, for me his strategy works hence my result. He provides entry and exit point for the securities I focus on.
BOT BOT BOT
Hey Joseph how much of the total value of the portfolio is what you have put in yourself? If you take the total of $463,185.82 and subtract the $56,114.67 market gain and subtract the $21,594.19 in earned dividends you get $385,476.96, is that roughly the amount you have invested or are those numbers off, or a yearly/monthly value. Just want to know how much you have personally added over the years compared to what it has grown to. Thank in advance.
I was thinking the same thing. Putting in almost 400k in roughly 5 years seems unachievable for most people. RUclips must be paying well or there is another job/side hustle contributing to the portfolio. Either way he is doing very well. Congratulations.
Really insightful video. Question on low performers like VZ and ATT. Is there a strategy around buying these companies so when you sell them, you actually have losses (to offset other gains) but all along you were getting dividends (taxed at a capital gains rate)?
This was so incredible to watch! I love the way you guys talk about money as a family and I aspire to be that kind of parent in the future! My sister recommended your account in 2020 and I’ve been following since… It literally changed my life because it gave me the financial literacy I needed to start investing. Thank you and way to go girls 🎉 what they’ve accomplished is amazing.
What do you think about REIT investing ?
Dividends from SCHD are typically taxed at the qualified dividend rate, which may be lower than ordinary income tax rates for many investors. However, the main focus for markets now is Nvidia, which has powered a large chunk of the S&P 500’s recent earnings. Nvidia’s stock, up more than 90% this year, rose 2.5% in New York on Monday, sending the Nasdaq 100 index to another record high. 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 advisors 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/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Finding financial advisors like Sophia Maurine Lanting 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.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website… thank you for sharing.
Solid strategy of long-term dividend growth companies. 🤑 I'm still learning as I grow my dividend payments as well...
I embarked on my dividend journey upon recognizing that two specific budgetary expenses, taxes, and insurance, were consistently on the rise and unlikely to decrease. Acknowledging the need for additional income to counteract the significant increases in both, I began acquiring shares that pay dividends. I now envision this as the path to ensure that these two expenses do not surpass my future income.
Receiving insights from a seasoned investor who has overcome challenges and emerged successful is consistently inspiring. While it can be daunting to witness your portfolio shift from positive to negative, persisting with investments in robust companies allows for continued growth and staying true to your goals.
I wholeheartedly concur, which is why I appreciate giving an investment coach the power of decision-making. Given their specialized expertise and education, as well as the fact that each and every one of their skills is centered on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it is practically impossible for them to underperform. I have made over 1.5 million dollars working with an investment coach for more than two years
We are just a step away from accumulating wealth through information. I am aware of many individuals who built fortunes during the Dotcom crash and the 2008 recession. I am currently exploring similar opportunities in the current market. Can the consultant who guides you assist with this?
My Financial Consultant is Stacie Lynn Winson. I found her on a Kiyosaki interview where she was featured and reached out to her afterwards. She has since provided entry and exit points on the securities I focus on. You can run a quick online search with her name if you care for supervision. I basically follow her market moves and haven’t regretted doing so
I like your point about delaying gratification. I understand and appreciate that point, but how can you feel like progress is being made, while setting yourself up for long term rewards?
Boy that Twitter competitor sure succeeded huh
Absolutely I use thread never
I'm not sure why this video came on my feed, but I'll give some info... Your dividend does not increase over time. The dividend itself is the same rate as the day of purchase(this is why people look at current rates, not future rates). We can use the example he provided at 13:50 where the dividend went from 0.08 to 0.55. The issue that he's not understanding here is that HIS dividend payment hasn't changed. This is the new rate for NEW purchased shares. So, if he simply held the stock from 3/14/2011, he'd still be making 0.08 and not the 0.55 that he claims. The only way you will achieve the 0.55 that you see is if you purchase shares from 3/07/2023 or later. Dividend payments do not simply adjust because the company changes how much it pays out. You're still making the 0.08. Often times, people will use reinvestment systems where it will reinvest into the same product, sort of dollar cost averaging into higher dividends. This will cause your "system" to show you having a higher dividend, however your initial investment is still down at 0.08. Math wise, it's a simple calculation, however you will never achieve 0.55, unless you were to sell all your stock and then re-buy at the 0.55 rate.
Joseph! I think your more of quality company investor at a reasonable price than a true dividend investor. The first thing I see you look at is the quality of the company first, dividend is nice to have but not necessary if I have to guess you would choose a high quality company that doesn't pays any dividend over a similar quality company that does pay a dividend, no? Without dividends, and if company has high ROIC it's more tax efficient for that company to retain the cash and invest internally. for example you own NFLX, AMAZON both that don't pay dividends.
The story fund was set up specifically to be a portfolio not to be centered around dividend income. I made it to show a different style of analysis and content.
You are right. Far more of my time is spent assessing the quality and fundamentals of a company than the dividend. But keep in mind the dividend is mostly an output metric. Companies pay dividends after earning the cash for pay it. In order for a company to pay a dividend, or do buybacks, they need to earn money, earning money on a consistent and growing basis is what I’m looking for, which leads to paying a growing dividend.
So I would argue that they go hand in hand. You can’t confidently build a dividend growth portfolio without first trying to determine which companies will keep growing the dividend, and to make that determination you need to study the qualities of the company.
Can I ask your opinion on GAIN stock? It’s always up in my portfolio but I’m debating if I really want to accumulate a lot of it.
Hi Joseph, love your videos. Question..don’t you think that starting yield matter though? As investing is all about creating a portfolio that matches one’s objectives, time frame and risk tolerance, someone wanting to retire in 10 years is much better off focusing on starting dividend yield of ie 4% than 1%? The growth rate for a starting yield of 0.6% will take a very long time before they produce the “passive income” required for someone to live off even at a very fast dividend growth rate
This is exactly the point that is always overlooked!
Joseph, how do you deal with taxes? Are you using a brokerage account or an IRA to decrease tax costs?
Great advice. I’ve been stuck with the trash AT&T investment for years. Now I’m using it to tax manage against some gains in my portfolio.
TXRH is a good company, and the share is 149.26 usd as to day. TXRH pay 2,6 usd in divident for 2024. 2,6 usd is 1,51% . That is less then the inflation in Usa.
To make roughly 12k a year passively you have to invest 600k up front
Thanks, that's what I suspected and all I needed to hear😂
I was gonna just flood o realty because of their high dividend but realizing what your explaining changed my entire strategy first of all I’m adopting stocks that are above inflation and grow not just high dividend percentage initially and now I’m adopting your portfolio because everyday I can buy a dip on any given stock not just wait for that one I’m flooding to dip……your a genius bro thank you
The ongoing sell-off in bonds and worries about an escalation in Middle East hostilities are weighing on the market, as it waits for Big Tech companies to fire up earnings season this week. That is why I'm looking for companies now to put in $80k for a start. Just don't know how to proceed.
thank you for sharing Joseph, great video. I do have a comment on Meta and it is It is intriguing how Meta, a company known for its limited transparency on social media, aims to enter the competitive landscape of True social network.
It feels like the examples you're giving are the safer some of the investments in your portfolio. I'm thinking your strategy with the low early growing dividend yield is to get in early and wait it out?
This is so helpful for a new investor like me. Love the detail and depth. I'm going to change how i research companies for my drip portfolio.
First time I watched your videos. I pretty much agree with your strategy. However, if you need to live off the dividend income within the next 10-15 years, it is difficult to get an income that is sufficient to cover your needs when the div rate is 1%. There are many stock with div yields > 3% who are growing cashflow, profits and increasing the dividend.
You could probably get close to Berkshire performance by putting half your money into Apple, and the other half into SCHD, and you would receive dividends.
Warren Buffett's perspective on dividends is that they may not be beneficial if a company has better uses for its capital to promote growth. Instead of focusing on dividends, he suggests investing in companies with growth potential. However, some investors see dividends as a way to generate income. It's possible to create a portfolio that generates a dividend income of $50k-70k with a $1 million investment.
Dividends from the stock market encouraged me to begin investing. What matters, in my opinion, is that if you invest and make additional money in addition to dividends, you will be able to live off of dividends without selling. It implies that you can provide that benefit for your children, giving them a head start in life. I've invested more than $600K in dividend stocks throughout the years; I'm currently buying more today and will continue to do so until the price falls even further.
One thing I would like to point out is that by keeping your portfolio in M1 you are missing out on selling deep out-of-the-money puts and calls on the companies you own. Doing this would greatly increase the snowballing effect you discussed.
Hey Joseph, love your content! I appreciate at what depth you go to explain investing to your follows. I’m definitely making strides in my investing journey. Thank you man!
One of the best and most concise and results oriented strategies ....with Excellent advice based on hard fought experience !! Keep up the great work !! Thank you 😎
I love dividend stocks. I make a monthly average of $6000 in dividend (800K portfolio) and it takes me 7+ years to achieve it.
6k a month is very nice
Buffet said to focus on index funds, so why is this strategy good?
Nice insight! Big fan of your channel, I Retired with a seven-figure portfolio and i'm receiving around $169,500 in dividends yearly. I've been investing in stocks for nearly ten years. Passive income is likely one of the most essential and central ways millionaires accumulate wealth. I started putting money into ETFs and other stocks last year, 2k weekly to be precise and my ETF portfolio has risen to 190k since i started january last year, whereas what I have invested is 48k. I'm grateful for my broker Olivia Rene Reyes, who handles all of my investments and ensures I stay above the market
found her webpage by looking up her name online.... Her resume is quite outstanding, I'll be writing a mail to her shortly.
i’ve just taken a deep dive into investing, dividend growth investment as it interests me. hoping to get to the big dogs someday.
taking note of this. also I did read about Olivia Rene Reyes on the web., quite a great resume she has
Impressive!! Also, I did read about Olivia Rene Reyes on the web, I was able to find her webpage and reach out. I'm willing to make consultations to improve my portfolio
I’m watching this video 10 months after it was posted. This is great content and actionable strategy. I learned a lot and look forward to implementing these strategies. Thanks for posting!!!
Me too, but word of advice. Don't pay attention to most top comments. They are both comments. I see many of these under any finance channels.
So from 2017 your total input was about 385k, and after nearly 7 years, your balance is now 463k, which is 20% higher, am i missing something? And also only 20k of that was even dividends, i just dont see the appeal myself but each to their own.
Top line balance is 1 thing....... the goal is yield on cost and actual dividends per year/month average
What investment platform are you using? Schwab? Vanguard?
I recently inherited almost $500k. I REALLY need to make this money work for me, and not just disappear over time. I've been scrambling for somewhere to put the money, where I can make an effort to use the gains to pay bills so I can quit my job . All roads have pointed to the financial market of some sort which is a good idea buh where else should I put money besides the financial market? We have a 13% RPI rate so cash is tough.
Yep great question and that’s always the one - where would you rather be if you have an option. Personally I’m always invested aside from a small emergency fund. Financial-market for me seem the only way forward with my long time horizon (accrued almost $1.4m in gains since 2020 ) but if you don’t have that fortune of time it’s a tough market out there almost nowhere feels safe! . Just know the risk you're comfortable with . Mistake is expensive
very informative, one option I suppose is, if you were to invest a set amount buy the whole share in a ETF and the remainder could go into a index for which would allow you to purchase the fractional shares, is that an option?
@@j.wmatney well a million in profit is a nice milestone, how did you achieve that? I guess you have a proven trading strategy that you've spent a lot on please share more info !! and YES i dont want to make
Lol, I began with an Advisor by name Camille Anne Hector. She’s sec verified and an ISDA member. Her approach is transparent allowing total ownership and control over my portfolio and fees are very reasonable in comparison with my ROI.
Found her website easily it was like the frist thing that came up when I searched on her name and also her mail address I will surely touch bases with her to see what's the best step for me to take rn. THANK YOU.
How can I determine of a company has a growing dividend that beats inflation or stays under that? Which tools do I need? Which tool are you using?
I have over $200k ready to be invested, however I am having trouble trying to find out what investments would be best during this present economy. Heard index funds and ETFs provide diversified stock market exposure while spreading risk. How true?
very true, there are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of the professional guiding you please?
Thanks, i did a quick web search and i found Sharon, i hope she responds to my mail.