Can Investing In Dividends Pay For Your Retirement? | Money Mind | Investment
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- Опубликовано: 9 окт 2023
- Can you live off dividends in retirement? We look at the pros and cons.
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I’m 55 from southeastern Ohio but worked overseas all my life. I have savings of $1,000,000 and I'm ready for retirement, only concerned about the soaring inflation. Is this enough to retire comfortably, or do I need some sort of money management?
I would get money management just in case. You’re only 55. I think the average life execting in the US is 77.5 years, but many people live well into their 80s so that $1 million has to last you all of that and the unforeseen. $1m is a great start though. Good for you!
I’m quite lucky exposed to personal finance at early age, started job 19, purchased first home 28. Going forward, got laid-off at 36 just after covid-outbreak, and at once hired an advisor with grit to help stay afloat. As of today, my portfolio has yielded over 300%, summing up $836k. Stay motivated friends
this is huge! your advsor must be grade A, mind sharing more info pleas? in dire need of proper asset allocation
Well, I chose Jennifer Leigh Hickman as my advisor after her interview on CNBC In 2020. She is SEC regulated with offices in the US and quite frankly a genius with portfolio diversification.
I looked up her full name online and found her page. I emailed and made an appointment to talk with her.
I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or when ever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That’d be enough to create a portfolio that would pay you between $50k to $70k in dividend income
Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional
I wholeheartedly agree, which is why I choose to delegate my daily investment decisions to a coach. They specialized knowledge, research, and risk management skills make it challenging for them to underperform. They focus on utilizing risk for its asymmetrical potential while mitigating downsides. I've been with my investment coach for over two years and have earned over a quarter-million dollars.
Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them? My portfolio is in the red waters right now
Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them? My portfolio is in the red waters right now
I'm happy to have stumbled upon this discussion. If you don't mind, could you tell me the name of the financial adviser who helps you with your investments and how I might contact them?
An insightful coverage on some key benefits of dividend investing (e.g. dividends are tax-exempted) and considerations to take note of before jumping right into a stock (e.g yield trap).
Dividend investing is certainly not a get-rich-quick scheme that makes you a fortune overnight. Consistency in managing the portfolio, discipline in picking only the fundamentally sound companies to invest and putting in the hard work to learn how to buy good companies at good prices will take us further in this journey towards financial independence and eventually retire early.
Assuming you have 7fig then it makes sense for a dividend play. Low 6figs and below should concentrate on growth.
Your content is awe--inspiring! -- "Success is a continuous journey, not a fixed destination.."
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller
she's mostly on Telegrams, using the user name
MILLER694 💯.. that's it
The only sale that people run out of the stores is a stock market sale. Also is called Di-vi-dend, not Der-vi-dend as mentioned by Christopher at 5:34
It's interesting that this video is produced when SG-reits are hitting 52-week lows. It's best if investor follow the dividend irrelevance theory, treating dividends and capital gains equally.
Power of CD!💪
your good friend ML talked bad about u again
@@HelloKittySG492 just ignore the clown. I am too busy enjoying my dividends.😉
getting div. is best after you stop working. I did buy stock for growth for years., but for retirement I changed to div. stocks. You need to have a good pile of cash set up and to be safe several div paying stocks with good historys. So you do this, collect div., BUT make sure to only spend div. money, or idealy like 65 % at most ,take left over buy more stock, to combat inflation. big there is always risk though., myself I had several thousand shares in ATT, and looked what happened, div. cut., and price crash.good thing I had lot of other stocks.
Thank you so much for such useful insights.
has inflation ever get past above dividend yield? if no, then dividend investing works. just have to live off whats left to dividend after deduction of inflation
He has to take into account huge capital depreciation like right now in order to get a true picture. Now all the Reits are hammered really really bad. All dividends collected over 15 years can be wiped out by the capital depreciation.
Dividend investing do not care about capital gains lol
The problem with dividend stocks is the very very high and real risk of capital DEPRECIATION
Microsoft and Apple if you’re young 🙏
The problem with your attitude is that you look at & think *_problems_* whereas successful people look for & think *_solutions_* to any obstacles in life ...
If you invest well (especially during market crisis) you not only have your dividends but capital appreciation to go with it. But you also need courage to act - which many are lacking . 😂😊✌️
@@tkh2944 what colour is your Bugatti?
dividend income and capital growth are not necessarily mutually exclusive though....
The joke is capital gains is also not guaranteed with other stocks
I have been a dividend focused investor for a long time. This does not mean I don't own growth stocks, I do. A well rounded portfolio should be a mixture of both categories. One way to minimize the anxiety out of stock market investing, is to make sure you keep a large cash cushion. I invest in the market, but never put all my money in market.
This is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. That is how people are able to make such huge profits in the market.
Do you mind sharing info on the adviser who assisted you? I'm 39 now and would love to grow my stock portfolio and plan my retirement
Thanks, I just googled her 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.
My stocks are boring. I buy stocks that I normally buy or see ppl buy. He is right that you have to look at financial statements during earning release. Most ppl can invest SP500 etf or SCHD for dividend purposes. It takes a lot emotional discipline during down year. If the company has strong fundamentals like MSFT or AAPL and it went down 25%, you buy more shares at cheap discount. But you have read the balance sheet and gather info.
MSFT and AAPL? how much their dividend yield?
@@jjsamuelgunn1136 0.54% and 0.91%. I'm interested Dividend growth stocks.
@@jjsamuelgunn1136 from what i see, most tech company gives little to no dividend yield as they are focusing on growth.
sedan chair doesn't come to mind when rights issues are called for...
Dividends are dope. Personally, I sometimes use my dividends to buy other dividend and growth stocks for diversification instead of reinvesting in the same stock. To each their own methods though. The good thing is that you’re investing in the first place and that’s what’s important. Salute for the content!
The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner
I fully agree and place great value on my advisor's role in guiding my daily investments. They excel in both long and short strategies, managing risk for potential gains and protection against market downturns. Their access to exclusive insights and in-depth analysis makes exceeding expectations a regular outcome. In the two-plus years I've worked with my advisor, I've gained over 1.2million dollars.
*@lilyhershey1* That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?
"Gertrude Margaret Quinto" is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
Insightful... I was curious about her, so I looked her up online. I discovered her website, and I must say that she seems knowledgeable. I sent her an email outlining my goals. I appreciate you sharing.
I'm nearing retirement in three years, and despite having solid companies in my portfolio, my profits have stagnated in this uncertain market. Are there any calculated profit opportunities in this recession?
That's impressive ! I could really use the expertise of these advisors.
All this great and all, but most of these stocks usually don't grow at all.
$5000 a mth only and retired? Very brave. $120-130k per year today? Just nice for basic living if you hv a family. Good to have simple life and contentment.
It will take discipline to maintain this
best investment is property rent out.fixed passive income every month.
Nope, your maintenance of the properties, complaints from tenants, nasty tenants etc. are also a nightmare.
@@edmwftw3930 so use REIT instead?
@edmwftw3930 a good property agent can help you for all that
@@freddyng3623 I guess the expenses includes the property agent fees then. Lowering the rental. I strongly believe property investment can only be profitable by "flipping" not rental income... because I have substaintial losses in rental income but manage to turn to profit after selling my property in big profits.
His yield whatever you choose to call it is 6%.. Unless he is single and with current inflationary rate it would not be enough.
HDB rental yield already is over 10% leh! Some as much as 16% depending what type of HDB and when you brought it.😆😆😆😆
He probably has to save half of that 6% to account for inflation for capital preservation
The equity price should already keep pace with inflation. The issue is that his 6% yield is rather risky
I really appreciate the dedication in each video you post. Despite the dip in crypto, I still thank you for the level-headed financial advice. I started crypto investment with $4,345 and since following you for few weeks now, I’ve gotten $18,539 in my portfolio. Thanks so much Mrs Maria Reyes
wow.. amazing to see others who trade with Mrs Maria Reyes, i'm currently on my 5th trade with her and my portfolio has grown tremendously.
this is not the first time i am hearing of Mrs Maria Reyes and her exploits in the trading world but i have no idea how to reach her.
As a first time investor I started trading with her, with just a thousand bucks. my portfolio is worth much more that now within just weeks of trading with her.
With the consistent weekly profits I'm getting investing with Mrs Reyes, there's no doubt she is the most reliable in the market. such a genius
she often interacts on Telegrams, using the user below.
48yo - 2023, 2013 retired at 39yo with 5000sgd per month dividends.. 80%, of it, 40% reits, abt 40% stocks.
So at 39yo, his portfolio about 1million with 6% yearly at 5000 a month. He started at 25yo. Assuming year 2000, his pay was at 3k, after everything he save 1.5k, give him yearly he save est. 20k.. 14years, he probably save less than 400k.
Where he got the extra 500-600k for his portfolio of about 1million at 39yo?
Probably he sold his cheap hdb, made a killing through asset appreciation. Something young people cant do nowadays lolololol
Anyway, back in 2010s, if he use his supposedly 800k - 1m to buy properties, he probably earn more than his dividends 😂😂😂
Compounding effect bro and maybe he took advantage of the GFC to buy low
Maybe he sold his startup company and have tons of money
Read Ben Felix, dividend irrelevance
Ben Felix and the idea of Total Returns is great in theory but not always in practice. eg: Do we want to be selling down our growth stock/index fund portfolio during a market downturn?
Psychologically, it's easier for investors to consistently invest and hold with good quality dividend stocks because of dividends coming in then waiting for decades for possible capital appreciation with growth stocks/index funds.
Personally, I have a low cost, global index fund and dividend stocks in my portfolio.
@@zaetiait depends. If you have a high salary and dont need the dividends now, you dont need to buy high dividend etfs
@@method341 Yup, I focus on good quality dividend stocks like our local banks rather than highest dividend. A significant part of my portfolio is made up of VWRA, a low cost, global index ETF.
@@zaetia But it's irrelevant.
@@AmaraEmerson Have you ever had to sell down your stock portfolio during a market downturn?
Again Total Returns sound great in theory but does not always apply in practice especially when you need income during troubled times.
If the portfolio is 2.2 million and if his yield is 6%, it will generate $132K annual income which translates to $11K per month. So why did the presenter say $5K/month? Money Mind?
I think the 5k dividends/mth was when he retired ~10 years ago and that dividend payouts have grown to the current 11k/mth (132k annually).
Dividends grow as earnings grow
You are probably right, David but it would have been better if they had made that clear. In that way, they could have highlighted the annual rate at which the annual dividends grew.@@davidng2699Thanks
He retired on his 39!
1 side story, but didn’t mentioned another side of story 😂
Rental income is probably a better bet with rising inflation over a long period.
No more for current generation. 2nd property is 20%absd, non owner occupied property tax now increase.
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.
Inspiring! Do you think you can give me some advice on how to invest in a healthy way as you are doing?
Bitcoin has been falling for a while now and could fall further or close to rise again. The truth is that no one knows, I believe it's the right time to buy and also get a pro's assistant
Isn't that the same Mrs. 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
Wow it's amazing to see others who trade with Mrs Claudia Jenkins, I'm currently on my 5th trade with her and my portfolio has grown tremendously all thanks to her.
wow very impressive $2.2M portfolio. My jaw literally drop
@A.Singaporean.Stocks.Investor aka AK71 got around SGD 200k dividend per year.. net worth should be around 10million or so..
@@GG-ln7ofno leh he got say is 2million++. I think he got holdings of high yield
I heard a lot of this $2.2M was leveraged in platform "investing note" comments some years back. Some investors was grilling him when he sold out on some Reits/Business trusts/stocks. These were the stupid fools that sold out when other fools sold out aka margin calls.
Not at all surprising with inheritance.
Dividend is not consistent all the time. Risk involve. He didn't mention the bad times when stock markets didn't do well.
Dividend investors don't freak out when it goes down. They simply buy more shares exponentially increasing their dividends.
There are valuable traps like VZ or AT&T that offer high dividend, but has too much debt. One of aspect to minimize risks is look at companies that ppl will buy during recession like Costco, KO, or health care stocks.
He mentioned the high dividend trap using debt pay dividends. That tend to lead cutting dividends due poor fundamentals.
@@eddy41617 yeah u need to keep a balance. Capital appreciation is just as important rather than a large yield. You have to research the payout distribution if the company has enough left over to grow the company after dividend payouts.
Why didn't all of us think like him? He appears to be an ordinary guy. Some of us should be smarter than him.
some of us need his patience
@@davidng2699 - And the Midas touch.
I am exactly like him. My retirement portfolio is my dividend income portfolio only. Though I have yet to succeed like him. Less than 1m in portfolio. striving to grow portfolio using my working income and dividend income to 3.5m...
I am a rather down to earth, well people may say old fashioned. Bit i believe that no one is going to give free monies into our pockets easy.
what if share market crashed.. ??
Nothing happens really. Dividend comes from CFO, so long company is profitable, doesn't matter the share price. You get your dividend nonetheless. Theoretically at least. What you should be afraid of is not stock market crash, but when the business crash
What if the stock market don’t crash and continue making new highs ?
@@kennethlim886 also nothing happens. Maybe you get price appreciation on your stock, but dividend depends on company profitability and not on stock prices
Still remember SIA
Hes not making money. IT comes out of the price of the stock and you have to pay taxes on that 120k every year on top of that. So if you look at his overall money its going down every year. And sometimes these companies cut their dividends and he loses a lot on capital gains. This is all nonsense.
Must at least beat inflation rate and not catch the stock price at a high or you’ll need serious patience.
In my opinion, 6% dividends is not enough when you are still young because inflation will catch up to you.
Dividend investing when young is pointless. Its something you do when you get old so you can live off the dividend income. When youre young, you should be investing in growth oriented instruments like the S&P500 etf.
Investment could also wipe up everything you own.
I think we may be forgetting capital appreciation that will counter inflation. And th e yield would scale up too?
Sana all can retired at the age of 39 😢
nowadays everyone fomo to do dividend investing, then 5-10 years later they wake up that their wealth never grow at all due to inflation lol
Dun like that la Master Leong. If we reinvest the dividend, can also Huat mah. If AK can do it, so can you.
BABA!!!!
haha master is here!! all the dividend warriors all run away!
Well sort of misleading for you to say that. Inflation is not fixed. It goes up and down. Buying dividends stocks now makes sense right now especially dividend giving stocks with solid/intact fundamentals.
When inflation goes down, Interest rates goes down. Dividend investors will reap both high % dividends when they bought the stocks low + capital appreciation when free assets adjusts adjust downwards in yields .
You also miss the point the dividend investors are not into growth. But more into reliable dividend growth an yields.
Master is here. Baba to the moon 😂
Great thoughts! The year I almost over and very glad about the decisions I have made so far. Investing in the market earlier this year regardless of the market condition has saved my life. I made over 70k USD with a start of 25k in the last 7 months. I know it’s nothing compared to what others make but I’m glad I’m changing my finances. If things keep going well I might retire soon>.
But Please, who is the advisor that assists you with your investments?
My consultant is JANET SANTA SHERRY. I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can look her up online if you care supervision. I basically follow her trade pattern and haven't regretted doing so.
Just copied and pasted Janet Santa Sherry on my browser and her page popped up immediately, thank you for saving us hours of researching.
Look at the son, maybe treated like a dividend too
🤣
SGX is dinosaur market kekekeke
And what did you get from your modern Alibaba shares?
All investment advices are horsecrap anyway, there is a reason why the disclaimer sentences exist.
Don't be greedy
Dividend is left pocket in right pocket out. The price of the stock drops the same as what you gain in dividend. So he's wrong to say his portfolio "generates" dividends. More like "transferring"
You buy a stock at 1 Dollar, It earns 1 dollar in 12 moths. It is now a 2 Dollar stock, Declares 1 dollar dividends. Price plummets to 1 dollar. Next 12 months. it generates again 1 dollar to goes back to 2 dollars. Declares 1 dollar dividends, price plummets to 1 dollar Goes on so forth.
What is hard to understand? You think its transferring because you came in mid game or late bought at 2 Dollars and did not buy it at 1 dollar or post ex div dates.
What if next year they earn zero dollar but they continue pay 1 dollar divy leh? Is 1 dollar generated? Very easy to assume earnings remain constant u think idk meh 😢
@@dale3341let me ask u this I buy the stock one day before xd and sell one day after did my trade generate any return? According to the guy, also consider “generate” dividend lor?
@@hgft274I just want to warn viewers of this channel many of whom don’t know how dividends work and they might be fooled think dividend is “free money”.
Dividend irrelevance. It is indeed transferring from left to right pocket. You used the exact same analogy as Ben Felix 😅
Hello, 🐥🐦🐦🐦🦜🐦
God the Father loves you so much that He sent Holy and Sinless Jesus Christ(His Holy Son) to earth to be born of a virgin.Then, He grew up and died on a cross for our sins. He was in the tomb for 3 days, then Father God raised Jesus Christ (Y'shua) to Life! He appeared to people and went back to Heaven. We must receive Jesus Christ sincerely to be God's child John 1:12. "But as many as received Him, to them He gave power to become the sons of God, even to them that BELIEVE on HIS name." That is great news! Will you sincerely receive Holy, Lord Jesus into your life today?
This guy seems quite dubious. I retired last year @ age 36, and have just over a million in my portfolio. But I would never agree to appear on TV like this fellow. And his 6% dividend yield is extremely high, when you consider that STI has a dividend yield of 3+%
There are profit making decent companies, eg. ST Eng, which can pay out from profits, not Hyflux 😂🤣😂….. dont be tricked, many people were….😅😅😎
But to finally see just how deviously complicit he has actually been as a PAP minister all these years, I wonder how on earth he can, if elected as the president, rebuke any of his former PAP cadres when his hands are as stained as theirs.
After 50 years of rule - uninterrupted - the PAP has failed to develop sustainable (population growth, education and economic development) policies that will enable locals to drive our economy, that is, creating jobs and attracting investments, with foreigners playing a complementary role. Instead, the situation has been turned on it head. Foreigners are now the main force behind our economy and Singaporeans are playing the supporting role. Lees’ words, not mine. Dr Chee Soon Juan
After 30 years of trying to get into parliament and having a good hand when he started politics with more than 2 MP from SDP. He nor his party have manage to win any election and doesn’t seem to be coming close to winning any. My words and CSJ political track record to date.