I don't think you should wait till your debt is gone... Get a start now, even if its just $25 a month or something. You can begin building now and it could halp you pay off them debts.
Quest to FIRE you can start now. Buy from small dosis, little by little the bucket gets filled. It’s the start that is hard. Stop buying that Starbucks once in a while and use it to buy your stocks
I tried explaining my reason why I will reach my goal to retire early . Yet they still laughed at me too . “ oh to do that you need a lot a lot of money “ . That’s all I kept hearing . Step by step ! Never stop !
same here. im 26. all my freinds are a bunch of poor mindset FOOLS. i create my own synthetic dividends on my stocks with selling options against the stocks I hold. My portfolio is around 120k and I make around 2k a month off it. When my portfolio is at 500k in 5 years ( hopefully) i will be ablre to bring in 6-10k a month easily. :) Great video!
You must have an absolute bucket load of money in the stock market if your retired and dividends are paying your wage. average wage is say 80,000 to achieve that say all your shares pay a Very healthy dividend of 7% you would need to have almost $1.2million in your portfolio or be living very frugal. Please tell me if I’m way off here.
I very much appreciate your comparison of getting rid of your good computer simply because Apple offered a lower price. I will certainly remember it. Best comment on investing I have heard in a long time!
I see people buy useless and no resale value accessories a few times a year. Use those money for dividend stock is way much smarter for long run. And create less trash as well.
I started investing this year, wished started early but it's amazing to see my monthly dividend increasing each month and hope it grows in the next 10 years so I can become financially free!
I just came across your channel and love seeing dividend investor video from Australia as it normally from the US. Shares other tips of other aspects of personal finance from a Australian perspective.
I am just starting with Dividend Growth Investing. Like most everyone else here, I wish I had started sooner. But I should still have 10-15 years before retirement is staring me in the face. However - I have started a custodial account for my young teenage daughter and she's been putting a percentage of her earnings and b-day money, x-mas money, etc into it. :)
I have been investing in companies for the dividends for almost two years. What i have found in real experience and what most all youtubers fail to mention is, they never tell you the amount they invested to get to these monthly incomes of 4000$ a month or whatever. If your starting out you need a substantial amount to get to those numbers. Im talking into the hundreds of thousands of dollars. Realistically most people cant put that in right away and would take years an years to even get close to that. So the thing that most people fail to mention is it takes a very long time to get to that point an dont expect to get to those numbers right away.
Great video, touching on many important points to think about when investing in the market. I have found the sweet spot to have around 15-20 different company's invested in to get a nice rounded monthly income. Those mainly being quarterly-cant imagine trying to do that with 2x pay outs annually you've got quite some organizational skills! I have about 2/3 of my portfolio in dividend paying stock and the rest looking for capital gains. In the end (trading) requires quite a bit of time and turns into a side job, where dividends are the closest thing to passive income i've found/and i've dappled with plenty of so called "passive" projects. Good luck in your future investing, -Cheers
Youre a natural teacher because you have an actual interest in this. WIsh my parents were nearlly as tuned on to this as you! Good teacher for someone whos 25
Nice. I'm doing dividend investing as well. I love it, actually. Big upfront costs, but it literally pays for itself over time. Great video. Keep em coming!
@@jesusmerchanreina5069 the big upfront cost comes from the price of the stock. Let's say for instance, you wanted to earn $5.00 a month in dividends. If you purchased ORC at $6/stock and each stock pays you $0.08 monthly, you'd need to own ($5/$0.08=62.5 shares). Let's just say 63 shares/stocks. Now to purchase said shares would cost you $6 x 63/stocks = $378USD for a monthly dividend return of $5.04USD. That's why I said there's a big upfront cost. However, you can literally start by purchasing one stock at a time. I use robinhood to buy my stocks for free, more or less.
I really love getting divideds. This is why I invested 25€ in 40 companies each. Now on average I will receive a divided every second weekday. They're between 7cents and 300€ each both will make you happy :)
Tracey, why wouldn’t you find some American or say European stocks to fill those jan/may gaps? Do you care that much about supporting your economy or maybe it is something about taxes?.. I appreciate how you share your experience in such a comfortable way, it’s just like sitting in room on a floor next to you and chatting about interesting things. :)
I think that's amazing and very cool that you can live off dividends. I currently don't have any money invested in the stock market, but I would like to eventually. This was a great video for how you can get to the point you are at.
You have really inspired me. I will be subscribing. Because of you. I now have a portfolio of 3800 and a dividend income of $350 per year. Which is the most money, i have had in my life. My goal now is to reach $10,000. If i can do that. I willl bow down and Kiss your feet. Lol
Finally a video that actually explains how to start investing in dividend paying stocks. Thank you. A question I have is how do you find the list of ASX 200 companies? I tried doing a research at the ASX webpage and couldn't find it. Once again thanks for the video. Very helpful.
Hi lovely! So happy I found your Channel. Thank you, you’re incredible & fantastic at explaining. Could you PLEASE do a video on what it would take to get to your stage (living off the dividends) in 10 years if we knuckled down. What would you get your 20 year old daughter to do if she wanted to be finically independent with dividends as you are, by age 30/35. Would be so interesting!!!
I have that same problem with semi-annual payouts. American companies seem to be more willing to pay out quarterly. Some European stocks pay only once per year! Loving the portfolio and have subscribed to the channel!
Hi, I noticed in your excel spreadsheet, there was a column for 'Dividend Stability' which was shown as a %. Could you please provide the formula/calculation you use for dividend stability?
Hi, Great video and I'm happy for your to have a financial free life. Just curious, you mention that certain months you settle for low paying dividend stocks, why not just put the money for the previous months stocks that are going to pay more. Technically your making more money this way and you only have to save for an extra month to cover that expense. Again, happy for you and I hope I get to where your at one day.
Great video Tracey. Really informative. Tell me how much on the average would I need to invest into the stock market to make $4000 a month in dividend payments? Thanks.
At an average 5% yield you would need to invest $960,000. If your average yield was 8% then you would only need $600,000. Eg. $4000 x 12 = $48,000 annual income ÷ 8% = $600,000 principal.
If I was to do this, I would have a 9-5 for a year or 18 months and save the dividends to have in an account to live off when you are waiting for the dividends to come each month in the beginning. That way, you are covered and ahead so you won't be without if you don't have income each month.
Hi Tracey, I SWEAR I saw a video of yours from a couple of years ago about building your portfolio when you're young and it had a little pie chart in it. It had about 5 stocks/ETFs to buy and then to keep building on it. I cannot for the life of me find it.
Hi Tracey, at the end of this video, you mention that you build your investments over 18 years and then you "re-structured" your portfolio 2-3y ago in order to get monthly dividend income. I wonder whether the most rational thing to do - in order to build as much wealth as possible and achieve livable monthly dividend income - is to build the dividend portfolio from early on and just growing that or staying completely away from dividends in the beginning and just choose accumulation stocks/ETFs and then - as it sounds like you did - restructure the hole portfolio, when the time is right and there is enough wealth, into a dividend portfolio with monthly earnings? If for instance dividends are taxed, then the first approach with building dividend portfolio from the get go might not be optimal. Looking forward to hear from you. Mads.
Mads Hennelund some dividends are ‘franked’, fully or partially. This means the company pays some or all of the tax and the recipient doesn’t have to pay tax. That’s my understanding.
Why not just have a buffer of 6 months worth of dividends and pay yourself 1/6th of that amount every month. That way you can just focus on the best companies and not have to settle with a less desirable company just because it pays dividends in a given month.
Hi Tracey, love your style, thanks for your videos. Got a question about how you got started. You say you did put money away for 5 years investing consistently on the stock market. I'm trying to do the same. However, if I think about what one can reasonably put away as a single working person - let's say £20K per year for the sake of an example. That would be actually quite a good amount to be able to invest for many people in the UK. I really cannot see how £100K invested over the next 5 years could generate the kind of portfolio you have in another give or take extra 13 years. Were you earning an incredibly high income back then?
Hi Fernando, thanks for watching my videos. :) So, first remember that I'm in Australia, so keep in mind exchange rates when I talk amounts :) The first five'ish years I was working full time. It was probably closer to six years by the time I had my first child and the first book came out, and I wasn't single all of that time. I was with my (now) ex, some of which we lived together so I was able to invest a healthy portion of my income (which was an average wage in Australia). That helped. That first five'ish years my portfolio grew to a few hundred thousand. Pretty happy with that. (It was also a good market period when I started so that helped boost things). The next 13'ish years I added extra money like tax refunds etc, but wasn't actively investing. It grew to around three times higher. Time was a big factor here. After we broke up and sold the house (2.5 years ago), I did add my share of that money too (it wasn't as much as you would think after solicitors and banks etc were paid back, but it helped). I actually contemplated selling up my existing portfolio so I could afford to rebuy another house but decided I could do better in the stock market so switched my portfolio over from primarily growth stocks to a dividend portfolio so I could live off the income. And here we are. In the last year alone, it's grown another hundred'ish thousand. Again, due to reinvesting some money back in, but mostly good market conditions. Hope that helps clarify things. Good luck with your investing! t :)
Why don't you invest in monthly dividend stocks like horizon tech, agnc, main just to name a few or monthly paying ETFs like global x superdiv or blackrock duration income?
Before retiring would it not be better to invest in a semi passive income job live vending machines with a 25% yield. Use the money that isn’t in the stock dividend to make more moeny so that when you retire you can retire fully with more moeny For example, you have 4K in 2020, and buy a vending machine vs buying dividend stock @5% yield. Vending. Dividend 2021 +1000. +200 2022. +1000. +200 2023. +1000. +200 2024. +1000. +200 Retire in 2025 and sell machine for 3k Put the 7k you’ve earned into a dividend stock And now: Vending No vending +350. +200
Thank you so much to be transparan and great content. New sub and cant stop watching Your video. Thank you. Do you do ETF through Vanguard or CommSec and why?
How do I find the dividend yield & dividend stability? Is this reported somewhere? I never knew you could space out the dividends like this so I'm excited to focus on getting a monthly income like you have done. Also, the spreadsheet you showed ... is that your share portfolio and the dividend companies that you use?
Div stability can sometimes be hard to find, but dividend yield is always shown when you go to a specific company page. And that spreadsheet has some of the companies I have but I don't own all of them. I'm just watching them for maybe one day :)
In 2008 when the market crashed, how did you survive? I'm assuming your stocks took I major blow. I would love to hear any insights that you may have. Keep it up with the great content!
Imagine a world where everyone invested their money in dividends, we would have a lot of money to buy the products of the companies that pay us to invest in their companies to manufacture products that we can buy!
Before we start gushing about the idea let's look at how much she has invested to be able to live on dividends. She said she had 4000 monthly payout on average. She's looking at companies with more than 5% payout but most are going to be on that range so let's just be optimistic and assume a 6% rate. for that to work you need to have invested $66,666.67 for 1 month. With 2 dividends the amount is broken in two so ultimately we are looking at same numbers so for 12 months, she has to have invested $800,000 !!!! I'm pretty sure she didn't start there and has re-invested a lot of money from dividends. But for most of us starting, it's a very very distant goal. The first thing is to get your portfolio started. I'm new to investing as well but the most important thing is to have realistic expectations.
maybe this is a silly question but is it silly to have a portfolio with an index fund and individual stocks in it ? would it be better if i split them up ? should i just stick to one style ?
what do you think about the crisis? you think these market declines are the end or beginning? If the shares fell, it means that the dividend too. do you have any strategies for these situations?
Hi Tracey, Thats an mazing video :) I have a question What about the taxes over the dividends we receive, theres taxes on it ? How actually the taxes work when buying and selling ? Thank you !
The spreadsheet u showed is exactly what I am trying to make! Pls tell me that you use formulas to automatically fill in the yield and stability? I been trying to make it work by scraping data but ipI have been unsuccessful for a while now
You shouldn't focus to much on which month they pay out. Look for stability. You can always budget yourself. There is no investing if you buy it just to get that payout in the right month....
Hi Tracy, new to your channel and I am really enjoying your content. The excel spread sheet featured in this video, did you create it? Or is it available online.. somewhere? Thanks, Bec
I'm curious about taxes. Not sure how it works in Australia, but I would guess at the end of the year, you would have to pay some taxes on those dividend income correct?
Fantastic video! I am new to investment and wondering if it is too personal to request you to share that excel sheet? Irrespective of the outcome, Thanks a ton! 😊
Im new to investing, and these are great videos, you have 13 stocks plus ETFs? How do you manage figuring out how much to put into each investment? Say you save $1000 per month, do you pretty much ration that money out into whatever is most important? or divvy it up equally amongst the lot?
It's my goal to retire on dividends 🤞💵
Same here!
Same!
The more dividend youtubers I watch, the more I’m thinking about getting into it myself. Once I get my debt gone. I’ll keep learning til then. 🤔🔥🔥🔥
You definitely should. It’s the best form of passive income you can get 🥰
I don't think you should wait till your debt is gone... Get a start now, even if its just $25 a month or something. You can begin building now and it could halp you pay off them debts.
Quest to FIRE you can start now. Buy from small dosis, little by little the bucket gets filled. It’s the start that is hard. Stop buying that Starbucks once in a while and use it to buy your stocks
Same, I was watching a lot of channels like Andrei Jikh, when I started watching Tracey was when I finally decided to go through with it.
I think an important thing to do is having you contributions automated. You are basically paying yourself in the background before anything else.
Yesterday i told my friends i wanted to retire early and they all laughed and said it wasnt even possible.. fools. All of them
You'll show them :)
I know that feeling, I get laughed at everyday but they will see me become financially free in next 5-10 years!
I tried explaining my reason why I will reach my goal to retire early . Yet they still laughed at me too . “ oh to do that you need a lot a lot of money “ . That’s all I kept hearing . Step by step ! Never stop !
same here. im 26. all my freinds are a bunch of poor mindset FOOLS. i create my own synthetic dividends on my stocks with selling options against the stocks I hold. My portfolio is around 120k and I make around 2k a month off it. When my portfolio is at 500k in 5 years ( hopefully) i will be ablre to bring in 6-10k a month easily. :) Great video!
@@1v9highlights I rent my shares out. Amazing strategy. Took me 1 year to fully understand
You must have an absolute bucket load of money in the stock market if your retired and dividends are paying your wage. average wage is say 80,000 to achieve that say all your shares pay a Very healthy dividend of 7% you would need to have almost $1.2million in your portfolio or be living very frugal. Please tell me if I’m way off here.
I very much appreciate your comparison of getting rid of your good computer simply because Apple offered a lower price. I will certainly remember it. Best comment on investing I have heard in a long time!
I see people buy useless and no resale value accessories a few times a year. Use those money for dividend stock is way much smarter for long run. And create less trash as well.
Your explanation is so calm and very easy to understand and you interact with your audience really well! 🤗😸
I started investing this year, wished started early but it's amazing to see my monthly dividend increasing each month and hope it grows in the next 10 years so I can become financially free!
I just came across your channel and love seeing dividend investor video from Australia as it normally from the US. Shares other tips of other aspects of personal finance from a Australian perspective.
Super easy.....I'm from India....dividend yield is very low about 1 percent...but I'm accumulating for retirement 17 years down the road
I am just starting with Dividend Growth Investing. Like most everyone else here, I wish I had started sooner. But I should still have 10-15 years before retirement is staring me in the face. However - I have started a custodial account for my young teenage daughter and she's been putting a percentage of her earnings and b-day money, x-mas money, etc into it. :)
That's awesome. She's going to have a great future :)
I have been investing in companies for the dividends for almost two years. What i have found in real experience and what most all youtubers fail to mention is, they never tell you the amount they invested to get to these monthly incomes of 4000$ a month or whatever. If your starting out you need a substantial amount to get to those numbers. Im talking into the hundreds of thousands of dollars. Realistically most people cant put that in right away and would take years an years to even get close to that. So the thing that most people fail to mention is it takes a very long time to get to that point an dont expect to get to those numbers right away.
I wish that I was wise like you were when I was in my 20's .
Oh I made plenty of mistakes in my 20's too. LOL.
I wish I was wise like her when I was in my 40’s LOL
Great video, touching on many important points to think about when investing in the market. I have found the sweet spot to have around 15-20 different company's invested in to get a nice rounded monthly income. Those mainly being quarterly-cant imagine trying to do that with 2x pay outs annually you've got quite some organizational skills! I have about 2/3 of my portfolio in dividend paying stock and the rest looking for capital gains. In the end (trading) requires quite a bit of time and turns into a side job, where dividends are the closest thing to passive income i've found/and i've dappled with plenty of so called "passive" projects. Good luck in your future investing, -Cheers
Really inspiring and motivating ❤❤❤. Always watching from Perth!!!
Youre a natural teacher because you have an actual interest in this. WIsh my parents were nearlly as tuned on to this as you! Good teacher for someone whos 25
Nice. I'm doing dividend investing as well. I love it, actually. Big upfront costs, but it literally pays for itself over time. Great video. Keep em coming!
why big upfront costs?
@@jesusmerchanreina5069 the big upfront cost comes from the price of the stock. Let's say for instance, you wanted to earn $5.00 a month in dividends. If you purchased ORC at $6/stock and each stock pays you $0.08 monthly, you'd need to own ($5/$0.08=62.5 shares). Let's just say 63 shares/stocks. Now to purchase said shares would cost you $6 x 63/stocks = $378USD for a monthly dividend return of $5.04USD. That's why I said there's a big upfront cost. However, you can literally start by purchasing one stock at a time. I use robinhood to buy my stocks for free, more or less.
I can’t believe how much I just learnt in a little over 10 minutes, thank you!
Hey Tracey.... It's a great learning watching your videos. Wonderful soul!!!!! May God bless you always!!!!!
Your living my dream! I hope to one day reach your success!
Keep at it and I'm sure you will! :)
Woow. My goal for this year. I’m nearly done ✅ . Great video 👌
Very cool, Your a natural at talking front of a camera LOL. I'm getting better, But you convey the information so well!
I really love getting divideds. This is why I invested 25€ in 40 companies each. Now on average I will receive a divided every second weekday. They're between 7cents and 300€ each both will make you happy :)
I just got my ETF statement on Friday
Got more than l thought ,l was going to get,it's going good.
Thanks to you.❤
Tracey, why wouldn’t you find some American or say European stocks to fill those jan/may gaps? Do you care that much about supporting your economy or maybe it is something about taxes?.. I appreciate how you share your experience in such a comfortable way, it’s just like sitting in room on a floor next to you and chatting about interesting things. :)
Perhaps a video on what you would have done differently and what you are glad you did during your 20s?
great idea :)
wow this was extremely delightful. maybe it’s your voice. either way, great info. really like your personality.
Good to see an Aussie on here👍
You gave some great tips on Dividends and long term investing. Keep it up Tracey!
I worked hard and paid off my house and retired at 38 year of age.
I think that's amazing and very cool that you can live off dividends. I currently don't have any money invested in the stock market, but I would like to eventually. This was a great video for how you can get to the point you are at.
Thanks Tracey. You are inspiring and I can appreciate that it takes a lot of planning along the way.
great video Tracey, learned handful things do as i’m new stock holder. i plan have great dividends and have pass income. keep the videos coming👍🏽
Can you share your lists with the months they pay out please
You have really inspired me. I will be subscribing. Because of you. I now have a portfolio of 3800 and a dividend income of $350 per year. Which is the most money, i have had in my life. My goal now is to reach $10,000. If i can do that. I willl bow down and Kiss your feet. Lol
Finally a video that actually explains how to start investing in dividend paying stocks. Thank you.
A question I have is how do you find the list of ASX 200 companies? I tried doing a research at the ASX webpage and couldn't find it.
Once again thanks for the video. Very helpful.
Thanks. You can do a search for 'ASX200 components' for the list, also Wikipedia usually has an updated one too: en.wikipedia.org/wiki/S%26P/ASX_200
Love it! Thanks for sharing your story.
Hi lovely! So happy I found your Channel. Thank you, you’re incredible & fantastic at explaining. Could you PLEASE do a video on what it would take to get to your stage (living off the dividends) in 10 years if we knuckled down. What would you get your 20 year old daughter to do if she wanted to be finically independent with dividends as you are, by age 30/35. Would be so interesting!!!
Including re-investing the dividends for the 10 years!
Thanks so much, you really helped me out!
Thank you for this awesome video! I had never heard of dividends before I watched your monthly budget videos. You inspired me to start investing. 😇
That's brilliant! :)
I have that same problem with semi-annual payouts. American companies seem to be more willing to pay out quarterly. Some European stocks pay only once per year!
Loving the portfolio and have subscribed to the channel!
Thank you for simple and concise explanation
Hi, I noticed in your excel spreadsheet, there was a column for 'Dividend Stability' which was shown as a %. Could you please provide the formula/calculation you use for dividend stability?
Very helpful information. Thank you.
Currently working on this. Great work!
Excellent. Thanks for sharing all this and the valuable tips. Very inspiring 👍🏼👍🏼
I watch your videos to remind myself to grind harder and save more. Thank you for your informative video.
Thanks Tracey! very well explained
Hi, Great video and I'm happy for your to have a financial free life. Just curious, you mention that certain months you settle for low paying dividend stocks, why not just put the money for the previous months stocks that are going to pay more. Technically your making more money this way and you only have to save for an extra month to cover that expense.
Again, happy for you and I hope I get to where your at one day.
Good for you! liked and subbed my all time favorite monthly payers are BTB.UN and IPL years and years they have been paying me 8-9%
Are those still good now in 2020?
Thank you for explaining it all so clearly! You have a new subscriber! Very inspiring
Really helpful information. Thank you Tracey
Great video Tracey. Really informative. Tell me how much on the average would I need to invest into the stock market to make $4000 a month in dividend payments? Thanks.
At an average 5% yield you would need to invest $960,000. If your average yield was 8% then you would only need $600,000.
Eg. $4000 x 12 = $48,000 annual income ÷ 8% = $600,000 principal.
@@stickpuppyslife wow! lucky I have found another opportunity
Such a helpful video, thank you Tracey.
when its down....time to buy
Awesome vid, Super informative. Quick question... is that chart at 5:52 publicly available? Having a hard time finding it online. Thanks
If I was to do this, I would have a 9-5 for a year or 18 months and save the dividends to have in an account to live off when you are waiting for the dividends to come each month in the beginning. That way, you are covered and ahead so you won't be without if you don't have income each month.
Hi Tracey, when investing in your companies do you just pay a one off payment and leave it alone, or do u pay a monthly fee? Newbie here
Hi Tracey, I SWEAR I saw a video of yours from a couple of years ago about building your portfolio when you're young and it had a little pie chart in it. It had about 5 stocks/ETFs to buy and then to keep building on it. I cannot for the life of me find it.
I'll have a look, although I can't remember off hand which one it would be. If I find it, I'll keep you posted :)
@@TraceyEdwards I found it! Thank you anyway :)
@@bellengien8959 oh cool! Glad you found it 😊
Very helpful thanks..you make it seem so easy
Well done, another great video!
when the stock markets down it looks like up to me
Hi Tracey, at the end of this video, you mention that you build your investments over 18 years and then you "re-structured" your portfolio 2-3y ago in order to get monthly dividend income. I wonder whether the most rational thing to do - in order to build as much wealth as possible and achieve livable monthly dividend income - is to build the dividend portfolio from early on and just growing that or staying completely away from dividends in the beginning and just choose accumulation stocks/ETFs and then - as it sounds like you did - restructure the hole portfolio, when the time is right and there is enough wealth, into a dividend portfolio with monthly earnings? If for instance dividends are taxed, then the first approach with building dividend portfolio from the get go might not be optimal. Looking forward to hear from you. Mads.
Mads Hennelund some dividends are ‘franked’, fully or partially. This means the company pays some or all of the tax and the recipient doesn’t have to pay tax. That’s my understanding.
Why not just have a buffer of 6 months worth of dividends and pay yourself 1/6th of that amount every month. That way you can just focus on the best companies and not have to settle with a less desirable company just because it pays dividends in a given month.
Hi Tracey, love your style, thanks for your videos. Got a question about how you got started. You say you did put money away for 5 years investing consistently on the stock market. I'm trying to do the same. However, if I think about what one can reasonably put away as a single working person - let's say £20K per year for the sake of an example. That would be actually quite a good amount to be able to invest for many people in the UK. I really cannot see how £100K invested over the next 5 years could generate the kind of portfolio you have in another give or take extra 13 years. Were you earning an incredibly high income back then?
Hi Fernando, thanks for watching my videos. :)
So, first remember that I'm in Australia, so keep in mind exchange rates when I talk amounts :)
The first five'ish years I was working full time. It was probably closer to six years by the time I had my first child and the first book came out, and I wasn't single all of that time. I was with my (now) ex, some of which we lived together so I was able to invest a healthy portion of my income (which was an average wage in Australia). That helped. That first five'ish years my portfolio grew to a few hundred thousand. Pretty happy with that. (It was also a good market period when I started so that helped boost things).
The next 13'ish years I added extra money like tax refunds etc, but wasn't actively investing. It grew to around three times higher. Time was a big factor here.
After we broke up and sold the house (2.5 years ago), I did add my share of that money too (it wasn't as much as you would think after solicitors and banks etc were paid back, but it helped). I actually contemplated selling up my existing portfolio so I could afford to rebuy another house but decided I could do better in the stock market so switched my portfolio over from primarily growth stocks to a dividend portfolio so I could live off the income. And here we are.
In the last year alone, it's grown another hundred'ish thousand. Again, due to reinvesting some money back in, but mostly good market conditions.
Hope that helps clarify things.
Good luck with your investing!
t :)
Thank you so much for the information. 😊 Subscribed
I look at dividends as getting paid for work I did a long time ago.
That’s how I put it, but hours I’ve slaved..
Why don't you invest in monthly dividend stocks like horizon tech, agnc, main just to name a few or monthly paying ETFs like global x superdiv or blackrock duration income?
Before retiring would it not be better to invest in a semi passive income job live vending machines with a 25% yield. Use the money that isn’t in the stock dividend to make more moeny so that when you retire you can retire fully with more moeny
For example, you have 4K in 2020, and buy a vending machine vs buying dividend stock @5% yield.
Vending. Dividend
2021 +1000. +200
2022. +1000. +200
2023. +1000. +200
2024. +1000. +200
Retire in 2025 and sell machine for 3k
Put the 7k you’ve earned into a dividend stock
And now:
Vending No vending
+350. +200
Thank you so much to be transparan and great content. New sub and cant stop watching Your video. Thank you. Do you do ETF through Vanguard or CommSec and why?
How do I find the dividend yield & dividend stability? Is this reported somewhere? I never knew you could space out the dividends like this so I'm excited to focus on getting a monthly income like you have done. Also, the spreadsheet you showed ... is that your share portfolio and the dividend companies that you use?
Div stability can sometimes be hard to find, but dividend yield is always shown when you go to a specific company page. And that spreadsheet has some of the companies I have but I don't own all of them. I'm just watching them for maybe one day :)
In 2008 when the market crashed, how did you survive? I'm assuming your stocks took I major blow. I would love to hear any insights that you may have.
Keep it up with the great content!
Her stocks pay dividends she didn’t need to sell that’s the beauty of it
Thanks trace ! 🙂
Imagine a world where everyone invested their money in dividends, we would have a lot of money to buy the products of the companies that pay us to invest in their companies to manufacture products that we can buy!
Before we start gushing about the idea let's look at how much she has invested to be able to live on dividends. She said she had 4000 monthly payout on average. She's looking at companies with more than 5% payout but most are going to be on that range so let's just be optimistic and assume a 6% rate. for that to work you need to have invested $66,666.67 for 1 month. With 2 dividends the amount is broken in two so ultimately we are looking at same numbers so for 12 months, she has to have invested $800,000 !!!! I'm pretty sure she didn't start there and has re-invested a lot of money from dividends. But for most of us starting, it's a very very distant goal. The first thing is to get your portfolio started. I'm new to investing as well but the most important thing is to have realistic expectations.
maybe this is a silly question but is it silly to have a portfolio with an index fund and individual stocks in it ? would it be better if i split them up ? should i just stick to one style ?
Really a great approach!
Thanks for sharing!
what do you think about the crisis? you think these market declines are the end or beginning?
If the shares fell, it means that the dividend too. do you have any strategies for these situations?
Hi Tracey do you have a video where you show your portafolio? if not you should! ;)
Now I have hope , thanks good video
Thank you so much ..this information was so useful
Hi Tracey,
Thats an mazing video :)
I have a question
What about the taxes over the dividends we receive, theres taxes on it ?
How actually the taxes work when buying and selling ?
Thank you !
Thank you for this awesome video what's name of the book u wrote? is that about ur story?
The spreadsheet u showed is exactly what I am trying to make! Pls tell me that you use formulas to automatically fill in the yield and stability? I been trying to make it work by scraping data but ipI have been unsuccessful for a while now
Thank you for the informative video. How much do you need to invest to get a divident to live off?
You shouldn't focus to much on which month they pay out. Look for stability. You can always budget yourself. There is no investing if you buy it just to get that payout in the right month....
Hi do you think you could make an updated version of this
Good tips! 👍
Very informative. Pls I would like to know how to get the chart that shows dividend yield and dividend stability of different companies. Thanks
Hi Tracy, new to your channel and I am really enjoying your content. The excel spread sheet featured in this video, did you create it? Or is it available online.. somewhere? Thanks, Bec
Can I ask the total value of the portfolio that generates $4k per month?
She said she's only in companies paying 5% or more, so it's unlikely to be much more than $960k.
I'm curious about taxes. Not sure how it works in Australia, but I would guess at the end of the year, you would have to pay some taxes on those dividend income correct?
Fantastic video! I am new to investment and wondering if it is too personal to request you to share that excel sheet? Irrespective of the outcome, Thanks a ton! 😊
Im new to investing, and these are great videos, you have 13 stocks plus ETFs? How do you manage figuring out how much to put into each investment? Say you save $1000 per month, do you pretty much ration that money out into whatever is most important? or divvy it up equally amongst the lot?
Thankyou so much cheers for the advice very informative
How do you invest in the asx? Any apps or do you use a bank's investing services?
What website did you use to look up the percentage and month for the dividends?
Alexia Monique I think she may have been looking at the ASX website
What if they stop paying dividends.
if you are receiving £4k a month on average then you must have near enough £1million invested?
Great vid lovely lady!❤