How to Live Off Dividends & NEVER Work Again
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Top Comments (10)
A warning about REITs that Jaspreet skipped: the dividends will always be taxed as ordinary income instead of the lower capital gains tax rate. As such, they are likely a good fit in a Roth IRA instead of a taxable brokerage account for the average person.
I finally made $1,000 in dividends from when I received my first dividend in October of 2020 to today. Thanks for all you’ve taught me
I started 3 yrs ago. My dividends 1st yr were $38, 2nd yr $71, 3rd yr $164, so far this yr looks like its going to double as well.
Register for my free masterclass & get Market Briefs as a bonus: https://briefs.finance/9a260f WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
A channel that actually explains things in a way that even I can understand it.
Don’t buy Realestate buy REITS instead no headache
I love dividends. XYLD, HDV, IDV, SCHD, DGRO, JEPQ, JEPI...
I made my first $3 and will keep reinvesting.
I am a dividend growth investor. I am 56. I hold 35 individual stocks. I have built my portfolio since age 30. I am debt free including my house. I have one weekly rental at 2.5% loan so no early payoff, by choice. I have over 100K per year in dividend income. Most is taxed at 20%. It took 10 years before my compounding really took off! You too can do it. I am nothing special, just believed in the process. I made most of my gains in 2008 and 2020. I never stopped investing. That is what supercharged my returns. Good luck all eat the elephant one bite at a time!
Dividends are what got me excited about investing. Seeing the cash flow every month was the constant dopamine hit i need to keep going.
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Top Comments (10)
A warning about REITs that Jaspreet skipped: the dividends will always be taxed as ordinary income instead of the lower capital gains tax rate. As such, they are likely a good fit in a Roth IRA instead of a taxable brokerage account for the average person.
I finally made $1,000 in dividends from when I received my first dividend in October of 2020 to today. Thanks for all you’ve taught me
I started 3 yrs ago. My dividends 1st yr were $38, 2nd yr $71, 3rd yr $164, so far this yr looks like its going to double as well.
Register for my free masterclass & get Market Briefs as a bonus: https://briefs.finance/9a260f WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
A channel that actually explains things in a way that even I can understand it.
Don’t buy Realestate buy REITS instead no headache
I love dividends. XYLD, HDV, IDV, SCHD, DGRO, JEPQ, JEPI...
I made my first $3 and will keep reinvesting.
I am a dividend growth investor. I am 56. I hold 35 individual stocks. I have built my portfolio since age 30. I am debt free including my house. I have one weekly rental at 2.5% loan so no early payoff, by choice. I have over 100K per year in dividend income. Most is taxed at 20%. It took 10 years before my compounding really took off! You too can do it. I am nothing special, just believed in the process. I made most of my gains in 2008 and 2020. I never stopped investing. That is what supercharged my returns. Good luck all eat the elephant one bite at a time!
Dividends are what got me excited about investing. Seeing the cash flow every month was the constant dopamine hit i need to keep going.