4k in dividends pm is fantastic! Did you use property to raise the capital? I'm guessing your stock portfolio is worth around 900k - 1 mil to get those returns. My goal is retire early live off dividends. It's great to see someone who's actually done it 🙂
Thank you for making Investing clear and understandable. Investing seemed so daunting before but the more videos I watch by you the more confident I feel that Investing is the smart choice. I’m so glad I came across your channel! I am so grateful, thank you 🙏
Great video and high quality content as usual, thank you.Could you please tell me which good Australian ETF pay monthly dividends ? Thanks again, take care 👍🙏🏽 .
G.day Tracy. Great info. I wonder though if you could tell me/us how to find out what companies have a dividend re investment plan? I currently have 13 stock's in my portfolio however only 3 have that available. It seems that you don't know till you have purchased their stock. I have just found you and have subscribed. Cheers John
Tracey, your still working too hard. Here in the states using the NYSE, you can make $500 easily with half of $120,000 and a return of close to $1,000 a month with a mix of value and growth stocks since covid started. Just saying,..... The stock market here in the states just brings with it a higher standard of living. You might want to try buying some American companies in your portfolio 'cause we love Australians and want them to share the wealth!😉😉
no offence, im very new to all this investment stuff, but why would i buy divident stocks with risk at 5.0% when the monthly interest on a high yields savings account is 5.5%? am i missing something. Addicted to your channel by the way
5% p.a. is for the dividend income. You'll also get capital growth on top of that, which for the ASX200 has averaged 9%'ish. High yield savings accounts are good too if you can find a yield high enough.
@@TraceyEdwards I see, I think im sold on divident stocks, I was going to put 100k into HYSAs, but instead I think ill aim for a divident stock portfolio. Many thanks
Tracey thank you so much for doing your videos. Always engaging and practical content. Can you do one on how you prepare for taxes as a dividend investor? Thanks!
If you do your tax return through MyGov, it's all pre-filled for you. Assuming your shares are fully franked, just subtract 30 from your marginal income tax rate and that's the tax %age you'll have to pay on the dividends. A negative number means you'll get a refund.
At 58 years old I searched information on etf,s and discovered this channel Tracy seems to be giving good advice No one can crystal ball the future but with solid advice there is more chance if success.
Love your content Tracey, you pack a lot valuable information in to each video. I noticed the asx 200 fell in value today. Silly question, but I'll ask anyway, can I buy at the lower price until midnight, or do values drop at a certain times of the day?
Buying now will mean you'll get whatever price it opens at on Monday as you need a buyer and seller for a trade to go through and that only happens when the market is open. You can put a limit order in now, that's where you specify a maximum price that you are willing to pay, and if that price hits on Monday it'll go through. :)
Loving your channel! I need info lol so, if the dividends are only partially franked, what does that mean? Also, do we need to set aside money for capital gains and stamp duty? Is that still even a thing?
So glad to hear you are enjoying my channel! So, stamp duty doesn't apply (that's only for buying/selling property). Capital gains/losses are only calculated when you sell your shares. If you held your shares forever you wouldn't have to pay anything. But if you sell, you pay CG tax on the profit that you made. Dividends are taxed as income in Australia. Some dividends already have tax paid on them by the company. The company rate of tax is 30%. If the dividends are fully franked, the whole 30% tax has been paid. Partially franked means some of that tax has been paid (it'll say what % if it's partially franked). What that means for you, is that at tax time, you don't have to pay that amount of tax on those dividends (because the company has already paid it). It does depend on your own personal tax rate though. If your tax rate is higher than 30% then you only pay tax on the amount above 30%, if your tax rate is less than 30% then you'll get a refund on the tax that has been paid. It sounds more confusing than it is, but when you buy shares, depending on who you trade through, you'll get the information that you have to give the tax office from them so you don't have to work it out yourself. Hope that helps!
Thank you so much :-) I do pay over 30% tax already so I would have to see with my accountant how much money to with hold. I probably wouldn’t need the dividends as income at this point in time anyway, but it’s nice to know. Thank you for your detailed response.
Check the website that company is with usually computershare, link market services or boardroom. Then you register your share and set up the dividend reinvestment plan. Not sure if you use commsec but it’s under the dividend tab when you are on the company page
Yes, you'll need an account with whichever company is looking after the stock. That's how you provide your TFN, address and all sorts of other things, including whether you want to be in the DRP for the stock.
Hi Tracey, I recently watched your video on Vanguard ETFs, here you mention a distribution of 14 stocks and 2 ETFs. What percentage do you have for your ETFs, I am thinking 50-75% myself so am interested in your approach and opinion. Thank you I am Enjoying your videos.
The % of each stock and or ETF is based on your needs. What is good for her or someone else might not be good for you and some people are willing to put more money into stocks while other people would prefer to put more into ETFs over stocks. As she has said in the video "do your own research" I am not a financial advisor nor a tax professional so everything I say is not financial advice.
Hi Tracey, I am just starting out to invest, contributing a small amount each month. Do you think it’s better to invest for dividends or growth shares? Thank you for the video 😊
@mackenzie fventes You should have used a Robo platform or traded with Joe gary wilde or any other regulated pro. As a complete beginner myself, I have made over $30K in less than 5 months with him.
Hi Tracey, do you have any advice with regards to investing for kids, particularly in the process of doing so? My research so far tells me it has to be in a trust for them.
You can either open a trust which you'll need a solictor for, or just start a portfolio in your own name (yes it will occur tax under your name though) and once they turn 18 or whatever age you choose, transfer it over to them. An ETF is a good choice for this.
It depends entirely on the dividend yield that the company pays, but generally aiming for a 5% yield, you'd be looking at above $900-$950K for $4000 per month
thank you for your reply and thank you for your service, you have inspired me. I use a slightly method than yours. I build my portofolio slowly during the last couple of years and I presume next year I will be gaining around 10% including credits and the odd capital gain. As yourself I buy for life but when the fundamentals changes especially in debt/equity I sell at the best opportunity.
Buying real estate isn't possible for everyone and not everyone wants to mess around with that kind of stuff. It would be harder to also pick up and move to a different area if you are the person dealing with the properly directly
Hi Tracey, Is there a dividend stock that pays every 2 or 5 years ? I don't want any more taxable income and rather reinvest heavily for the next 2 - 5 years. Is this possible at all?
I'm just starting out and I love your videos! I have a question: With the trading platform I use, I don't pay brokerage fees if I keep keep the investments for longer than a year, and it's only $9.50 per trade. In my case, is it a good idea to invest each time I get to $500, instead of waiting till I get to $1000?
I have thought the same thing. I’m thinking I’ll start investing $500 a fortnight rather than $1000 a month because I tend to throw $1000 in savings and keep it there instead of investing it.
@@DANIEL-ls5ku That is not good advice because it will be different for other places. Where I live you can have a stock for 10 years and you must still pay capital gains tax. Always talk to a licensed tax professional in your local area for proper information.
I have no debt and can earn more than this passively. I could potentially move out to the country where things are cheaper and live like this indefinitely. But is this really a good thing for society as a whole? Having someone of relatively young working age basically out of the work force because they can? I'm not saying everyone has to have a 9-5 and work in corporate servitude but perhaps there is a middle ground? Fundamentally I don't think dividends should exist at all and definately not franking credits.
That's really awesome information.. Thank you. How do you feel about going over some of your previous dividend videos and see how they are performing today, stuff like g8 education, BWP etc...
A good video again. I’m a big Vanguard fan. As a long term investor My plan aims for a 60% growth, 40% income portfolio. VAP, VGS and a more defensive ETF in my portfolio with 6 or so quality stocks. Just wish I started earlier in life..😄
Not all brokerages are "free" some charge a fee for trading , some charge a trading fee + account fee every x amount of time and some brokerages don't charge a trading fee but might charge you a % fee based on your portfolio amount. Always do your own research and talk to a tax professional .
@@TraceyEdwards wow that's huge, how long have you held that position for? Also thanks for your very prompt response. My wife and I have 30% of our portfolio allocated to Dividend Shares.
This should be taught in schools - P E R I O D! Thank you Tracey!
Agreed!!!
School will never teach you this, they want everyone to work 9 to 5
Absolutely!
If only I knew about investing 20 years ago.
@@anthonyjinks89 with you there...
Its planned, so that we work for them for ever, I learnt this at the age of 40. But not too late!
4k in dividends pm is fantastic! Did you use property to raise the capital? I'm guessing your stock portfolio is worth around 900k - 1 mil to get those returns. My goal is retire early live off dividends. It's great to see someone who's actually done it 🙂
Thank you, Tracey. I count on your calm, and well-reasoned advice.
One of the best channels on utube.
“RUclips”
Hey Tracey- can you pls do a video on borrowing money to invest in shares? Considering low interest rate at the moment… looking into this option.
Really like your idea of aiming for $600 per year, then build. Small goals at the beginning are the best.
Absolutely! And thanks :)
Hi Tracey, I'm new to your channel! More videos on taxes would be great! Thank you 😉 Also, do you invest in non-dividend stocks?
Not anymore, I only have dividend stocks now 😊
@@TraceyEdwards thank you. Cheers from Portugal!
Great video Tracey! Definitely going to look into these, didn't know about all of them.
Great video again Tracey! Keep them coming, awesome stuff, definitely going to be doing this!
Thank you for making Investing clear and understandable. Investing seemed so daunting before but the more videos I watch by you the more confident I feel that Investing is the smart choice. I’m so glad I came across your channel! I am so grateful, thank you 🙏
Great video and high quality content as usual, thank you.Could you please tell me which good Australian ETF pay monthly dividends ? Thanks again, take care 👍🙏🏽
.
ETFs pay quarterly distributions, with very few exceptions. I don't think any pay monthly.
You inspire me Tracey. So good to see more videos from you lately.
Also , looking good as always.
Cheers have a similar list too and enjoying it. MTS I might put in for January but not at this stage still have COF
G.day Tracy. Great info. I wonder though if you could tell me/us how to find out what companies have a dividend re investment plan? I currently have 13 stock's in my portfolio however only 3 have that available. It seems that you don't know till you have purchased their stock.
I have just found you and have subscribed. Cheers John
Tracey, your still working too hard. Here in the states using the NYSE, you can make $500 easily with half of $120,000 and a return of close to $1,000 a month with a mix of value and growth stocks since covid started. Just saying,..... The stock market here in the states just brings with it a higher standard of living. You might want to try buying some American companies in your portfolio 'cause we love Australians and want them to share the wealth!😉😉
Definately love some of those US companies :)
can you make a video showing your portfolio and how you chosse those stocks/&etf's and how much dividend they pay
Hi Tracey, I am a beginner investor myself and I'mnow looking at investing for my children. I would love to see a video on the 'how to' for this.
Great video! Simple easy to follow steps that works as long as the investor does the due diligence .
Absolutely!
Hi Tracey, thank you for the new video.
I would also like to hear your valued information about taxes :)
I'm not an expert on tax, but I could do a quick video :)
@@TraceyEdwards thank you!!!!
I am in HVST :)
I am also in OOO that one carries a lot more risk but the yield has been good for me
no offence, im very new to all this investment stuff, but why would i buy divident stocks with risk at 5.0% when the monthly interest on a high yields savings account is 5.5%? am i missing something. Addicted to your channel by the way
5% p.a. is for the dividend income. You'll also get capital growth on top of that, which for the ASX200 has averaged 9%'ish. High yield savings accounts are good too if you can find a yield high enough.
@@TraceyEdwards I see, I think im sold on divident stocks, I was going to put 100k into HYSAs, but instead I think ill aim for a divident stock portfolio. Many thanks
Tracey thank you so much for doing your videos. Always engaging and practical content. Can you do one on how you prepare for taxes as a dividend investor? Thanks!
Hi Tracey, I'm new to your channel! More videos on taxes would be great! Thank you 😉
If you do your tax return through MyGov, it's all pre-filled for you. Assuming your shares are fully franked, just subtract 30 from your marginal income tax rate and that's the tax %age you'll have to pay on the dividends. A negative number means you'll get a refund.
@@HAIRYBIKER777 yes but it doesn't catch everything though. When I do it I have to add others in.
At 58 years old I searched information on etf,s and discovered this channel Tracy seems to be giving good advice No one can crystal ball the future but with solid advice there is more chance if success.
This is truly useful. thank you for sharing Tracey. I learned a lot
Love your content Tracey, you pack a lot valuable information in to each video. I noticed the asx 200 fell in value today. Silly question, but I'll ask anyway, can I buy at the lower price until midnight, or do values drop at a certain times of the day?
Buying now will mean you'll get whatever price it opens at on Monday as you need a buyer and seller for a trade to go through and that only happens when the market is open. You can put a limit order in now, that's where you specify a maximum price that you are willing to pay, and if that price hits on Monday it'll go through. :)
@@TraceyEdwards thank you :)
Hi Tracy, can I get a copy of the companies that you listed in this video. Great content thank you.
Thanks Tracey, you are helping people.
Hi Tracey, thanks for your videos. Are you looking at the US dividend stocks right now? Have you any SPYDR or do you consider it high risk?
Let me look into it!
Hello Tracy, love your videos!! What are the fees for these twi betashares ETFs?
Great video same as always .. do I need to set up my dividend with the companies or it just happens automatically?
always need to set it up
Can you please provide some suggestions on how to choose the right broker?
Loving your channel! I need info lol so, if the dividends are only partially franked, what does that mean? Also, do we need to set aside money for capital gains and stamp duty? Is that still even a thing?
So glad to hear you are enjoying my channel!
So, stamp duty doesn't apply (that's only for buying/selling property).
Capital gains/losses are only calculated when you sell your shares. If you held your shares forever you wouldn't have to pay anything. But if you sell, you pay CG tax on the profit that you made.
Dividends are taxed as income in Australia. Some dividends already have tax paid on them by the company. The company rate of tax is 30%. If the dividends are fully franked, the whole 30% tax has been paid. Partially franked means some of that tax has been paid (it'll say what % if it's partially franked). What that means for you, is that at tax time, you don't have to pay that amount of tax on those dividends (because the company has already paid it). It does depend on your own personal tax rate though. If your tax rate is higher than 30% then you only pay tax on the amount above 30%, if your tax rate is less than 30% then you'll get a refund on the tax that has been paid. It sounds more confusing than it is, but when you buy shares, depending on who you trade through, you'll get the information that you have to give the tax office from them so you don't have to work it out yourself.
Hope that helps!
Thank you so much :-) I do pay over 30% tax already so I would have to see with my accountant how much money to with hold. I probably wouldn’t need the dividends as income at this point in time anyway, but it’s nice to know. Thank you for your detailed response.
What’s the best platform to trade on if banks collapse?
Great video thank you.
Excellent advice thanks!
love this video Tracey, but i just have a question about how do I set up as reinvest my dividends into stock instead of paying it to my bank account.
Check the website that company is with usually computershare, link market services or boardroom. Then you register your share and set up the dividend reinvestment plan. Not sure if you use commsec but it’s under the dividend tab when you are on the company page
Yes, you'll need an account with whichever company is looking after the stock. That's how you provide your TFN, address and all sorts of other things, including whether you want to be in the DRP for the stock.
Not all stocks / ETFs offer DRIP so you will have to look at it for each one that you want to turn drip on
Yes you are back great video
Do you have a video of what you have in your portfolo??
Hi Tracey, I recently watched your video on Vanguard ETFs, here you mention a distribution of 14 stocks and 2 ETFs. What percentage do you have for your ETFs, I am thinking 50-75% myself so am interested in your approach and opinion. Thank you I am Enjoying your videos.
The % of each stock and or ETF is based on your needs. What is good for her or someone else might not be good for you and some people are willing to put more money into stocks while other people would prefer to put more into ETFs over stocks.
As she has said in the video "do your own research"
I am not a financial advisor nor a tax professional so everything I say is not financial advice.
Hi Tracey, I am just starting out to invest, contributing a small amount each month.
Do you think it’s better to invest for dividends or growth shares?
Thank you for the video 😊
Again, would be good to get a view on income generation vs high yield ETFs.
@mackenzie fventes You should have used a Robo platform or traded with Joe gary wilde or any other regulated pro. As a complete beginner myself, I have made over $30K in less than 5 months with him.
Hi Tracy, I love your videos! How do you assess how stable the dividend company is?
I'll do a video on stability soon!
What are the risks involved please and how do you mitigate it?
Hi Tracey, do you have any advice with regards to investing for kids, particularly in the process of doing so? My research so far tells me it has to be in a trust for them.
You can either open a trust which you'll need a solictor for, or just start a portfolio in your own name (yes it will occur tax under your name though) and once they turn 18 or whatever age you choose, transfer it over to them. An ETF is a good choice for this.
You are my mentor,
Could you tell me why you don’t just invest more in this instance in FMG as it’s got the highest dividend paid?
I like to diversify my portfolio. But if FMG keeps being great I'll add to my holding of it :) Happy 2022!
Tracey, what is the capital invested to get $4000 per month in dividend? Thank you
It depends entirely on the dividend yield that the company pays, but generally aiming for a 5% yield, you'd be looking at above $900-$950K for $4000 per month
thank you for your reply and thank you for your service, you have inspired me.
I use a slightly method than yours.
I build my portofolio slowly during the last couple of years and I presume next year I will be gaining around 10% including credits and the odd capital gain. As yourself I buy for life but when the fundamentals changes especially in debt/equity I sell at the best opportunity.
Gday awesome content, do you have a way to PM you ? I’m a new investor just wanting ask some questions! Cheers
Wouldn't investing in real estate provide a greater ROI than stocks dividends?
Buying real estate isn't possible for everyone and not everyone wants to mess around with that kind of stuff. It would be harder to also pick up and move to a different area if you are the person dealing with the properly directly
Hi Tracey, Is there a dividend stock that pays every 2 or 5 years ? I don't want any more taxable income and rather reinvest heavily for the next 2 - 5 years. Is this possible at all?
I don't know any dividend stocks that withhold payments for that long. Pity, I understand your tax frustration.
some times I get fear what if it goes down 100k to get 100$ dividends?
Hey Tracey I hope you don't mind, I'm sharing your video link to a mum group as I was just talking about you on it (in a positive way)
Aww thank you so much! I'm always happy to have more people become more financial savvy! Have a great 2023 :)
Is it possible with ETFs to reach a goal of $500/month in dividend Income??
I'm just starting out and I love your videos!
I have a question: With the trading platform I use, I don't pay brokerage fees if I keep keep the investments for longer than a year, and it's only $9.50 per trade. In my case, is it a good idea to invest each time I get to $500, instead of waiting till I get to $1000?
I have thought the same thing. I’m thinking I’ll start investing $500 a fortnight rather than $1000 a month because I tend to throw $1000 in savings and keep it there instead of investing it.
The $9.50 is the brokerage fee, if you keep shares longer than a year you don’t pay capital gains tax.
@@DANIEL-ls5ku That is not good advice because it will be different for other places. Where I live you can have a stock for 10 years and you must still pay capital gains tax. Always talk to a licensed tax professional in your local area for proper information.
@@XInfinity2024 Where do you live?
Fees are constantly changing. Commsec is $10 first purchase and then $4.50 per trade into the SAME share each time.
Tracey, do you only choose fully franked dividend paying companies?
I prefer fully franked, but I do have some companies that don't have franking
I have no debt and can earn more than this passively. I could potentially move out to the country where things are cheaper and live like this indefinitely. But is this really a good thing for society as a whole?
Having someone of relatively young working age basically out of the work force because they can? I'm not saying everyone has to have a 9-5 and work in corporate servitude but perhaps there is a middle ground?
Fundamentally I don't think dividends should exist at all and definately not franking credits.
This massive goverment debt will have to be paid eventually and they'll come for franking credits as one of the first targets imo
i have held stockland for 12 yrs wished i had never bought it low div i paid 6,50 now just around $ 3 ,80
I sympathise x
how long did it take you to build up to 60k a year in passive income through dividends?
Any reason why you like HVST over VHY? Expense ratio is quite high
I mentioned hvst in the video because they paid monthly which makes aiming for monthly income easier, but I do prefer VHY over hvst overall
Hi Trecey probably been explained already but because of the cost of buying in through say comsec is it better to buy in 1000 dollar increments?
That's really awesome information.. Thank you. How do you feel about going over some of your previous dividend videos and see how they are performing today, stuff like g8 education, BWP etc...
Great idea!
Can you tell us the name of two ETF which are you holding currently for Dividend income.
VHY and VAP - Their yields have been getting lower though which is why I might move elsewhere
A good video again. I’m a big Vanguard fan. As a long term investor My plan aims for a 60% growth, 40% income portfolio. VAP, VGS and a more defensive ETF in my portfolio with 6 or so quality stocks. Just wish I started earlier in life..😄
Brilliant video thank you very much for the information
Glad you enjoyed it
what is the amount of tax required to be paid on dividend income?
It will depend on your personal income tax rate.
@@TraceyEdwards hmm ok thanks in some countries they deduct a flat tax rate on dividend income irrespective of the income slab.
Do you invest in LICs like AFI etc?
I don't have any at the moment, but they can be great investments
I get that you're Australian but why do you only invest in and talk about Australian stocks?
cos fuckin' STRAYA mate
Nice video
Hi Tracey, Really like your channel. How can I send you business Inquire?
looking good again
thanks!
Hi Tracey, have you looked at Cryptocurrency at all?
I won’t invest in it
do you mean the australian or us dollar in your video?
Since she was talking about australian stock market I would guess she is talking about australian dollars
Your trading isn’t free to buy stocks???
Not all brokerages are "free" some charge a fee for trading , some charge a trading fee + account fee every x amount of time and some brokerages don't charge a trading fee but might charge you a % fee based on your portfolio amount. Always do your own research and talk to a tax professional .
I love your videos :)
Thank you so much!
What % of your portfolio is allocated to dividend shares?
100%
@@TraceyEdwards wow that's huge, how long have you held that position for? Also thanks for your very prompt response. My wife and I have 30% of our portfolio allocated to Dividend Shares.
👏👏👏👏
0:04 seconds before bragging how much she makes...
Can you please speak slowly .
You can slow down the video
Closed captioning is available as well!