The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. $52k dividends received in 2022.
I agree! That's why it is advisable that you have to invest while you still have a regular job or earning a regular income, and do it constantly. You still need to have something that will keep you going even if you're investing. Good financial planning and money allocation is the key.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.
I started investing in dividends with my taxable account. I used the buy and hold strategy in my Roth, adding some Berkshire B stock, SCHD, and an S&P 500 and total market exchange-traded fund.
When I started investing last year, I avoided significant mistakes. I've focused on investing modest sums in stable businesses for the long term. If stocks perform well, I hold onto them; otherwise, I reinvest losses into profits. Recently, I made $9.5k from a $4k investment in NVIDIA.
Exactly, a good number of people discredit the effectiveness of financial advisor, but over the past 10years, I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure and that's fine by me.
My portfolio doesn’t just cater to dividend stocks. I hold $VFIAX (S&P 500 index fund) in my Roth IRA and $VTI (Total Stock Market ETF) in my taxable brokerage account. Two of my largest holdings. The individual dividend stock positions all complement the index holdings.
Thats when you hire someone to manage your money. You need a (CFP) straight up! personally, I would invest in ETF's and also love investing in individual stocks.
I took charge of my portfolio but faced losses in 2022. Realizing the need for a change, I sought advice from a fiduciary advisor. Through restructuring and diversification with dividend stocks, ETFs, Mutual funds, and REITs, my $1.2M portfolio surged, yielding an annualized gain of 28%.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
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. I invest in the market, but never put all my money in market.
Speaking from personal experience, I would say engage professional guidance. Not sure where you get an experienced one, but if your knowledge of the market is limited, it seems like a good bet.
Annette Christine Conte is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
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 caII.
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 whenever 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 completely agree; I recently retired, and have approximately $1,250,000 in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!
Diana Casteel Lynch is the coach that guides me, you probably might have come across her before I found her through a Newsweek report. She's quite known in her field, look her up.
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.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
This is definitely considerable! think you could suggest any professional/advlsors i can get on the phone with? i'm in dire need of proper portfollo allocation
I've been working with ‘’Amy Desiree Irish” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, Look her up.
Investing in close-end funds that pay dividends every month appeals to me. The secret is to hold for a long time, reinvest the monthly dividends, and purchase additional shares whenever you can afford to do so. Since close-end funds are bought and sold on the stock market just like ordinary stock, this is simple to accomplish. That would be sufficient to build a portfolio that would generate dividend income ranging from $50,000 to $70,000.
You shouldn't enter the market mindlessly just because there are opportunities there. I'll suggest that you get professional assistance in order to comprehend the possible elements that contribute to your financial development.
I absolutely agree; I just got out of the workforce and have about $1,250,000 in external retirement savings. Compared to the whole value of my portfolio during the last three years, I have very little in retirement funds and no debt. To be honest, it's brilliant to have a portfolio-advisor for investing!
Congratulations, *DaleValskov* I am relieved that you are out there fighting these thugs, We musttake every precaution to protect the elderly and the general public from these despicable con artists. Congratulations to You!! You deserve the Nobel Peace Prize for ensuring our security.
I leant that Dividend paying companies are typically not going to grow in stock price as much and the overall market. But they do tend to be stable mature companies. I want to invest around 600K for retirement, is this good strategy?
Nothing wrong with dividend investing in stable companies. but i'll advice you consult with an expert if you wanty to invest such amount for retirement.
My dear husband passed away in 2021, and I have around $400K from his life insurance just sitting in a bank account, earning nothing. I had to invest it with the help of an expert, and in six months, I achieved over 80% capital growth, not including dividends. Highly recommended!
I am a dividend investor, and I have been for a long while, and I also own growth stocks too, a well rounded portfolio should be a mixture of both categories. One way to minimize the trepidation of stock market investing is to make sure you keep a large cash cushion. I invest in the market. But I don't put all my funds in the market.
Dividend are awsome. Everyone has their method of investing. But I sometimes use my dividend to buy other dividend and growth stocks for diversification, rather than reinvesting in the same stock. What is important is that you're investing.
I agree with you. But it is not all about investing money in stock, but you have to be knowledgeable in the field. Personally I work closely with a financial advisor for proper diversification of my portfolio. Currently I have $978k in a well diversified portfolio, which has experienced accelerating growth.
I started investing in dividends with my taxable account. I used the buy and hold strategy in my Roth, adding some Berkshire B stock, SCHD, and an S&P 500 and total market exchange-traded fund.
When I started investing last year, I avoided significant mistakes. I've focused on investing modest sums in stable businesses for the long term. If stocks perform well, I hold onto them; otherwise, I reinvest losses into profits. Recently, I made $9.5k from a $4k investment in NVIDIA.
Exactly, a good number of people discredit the effectiveness of financial advisor, but over the past 10years, I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure and that's fine by me.
People are facing a tough retirement. and it's even harder for workers to save due to low-paying jobs, inflation, and high rents. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire in.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
It's recommended to save at least 20% of your income in a 401k. 'Joseph Nick Cahill' taught me to estimate how much you should save based on your age and income. I've been with him for years now and his decades of experience in the markets translate to chunks of value in so many ways! he has upscaled my portfolio and even got me reading self help books haha
Joseph Nick Cahill is his name. He is regarded as a genius in his area and works for Empower Financial Services. He's quite known in his field, look-him up.
Thank you so much for the suggestion! I really needed it. I looked him up on Google and explored his website; he has an impressive background in investments. I've sent him an email, and I hope to hear back from him soon
Did Warren Buffet actually recommend dividend stocks though? Berkshire Hathaway has never paid a dividend. I don't think he's that keen on them either.
@@JeanValjean875 warren buffet said invest in productive assets which means they pay you along with appreciation hence why he invest in coke for in his own words he doesn’t invest in stuff without a dividend usually
Does anyone recommend someone to talk to or anything? I’m 20 and make 50k a year right now, would love to start investing but at the same time I’m super leery about it
@@dontmakememad6759 The internet has amazing resources, but if you're leery, a financial advisor may be right for you. I would definitely do individual research it's crazy how much you can learn for free
@@bobrossopinions REITs don’t pay qualified dividends so you’re going to be taxed at 30% plus on dividends from O, rather than the 15% capital gains tax rate for a qualified dividend.
I can't say enough good things about nonsense account manager! She tripled my portfolio in a single quarter, outperforming all the major hedge funds! If you're looking for a place to invest your money, just ask me to provide nonsense account manager's contact information!
The etf SCHD is basically an index fund of strong companies that pay out dividends. It only has an expense ratio of 0.06% and has performed well since it came about 10 or so years ago. I highly recommend people consider adding it to their portfolio. With enough time, you can use those dividends later in life to largely live off of without touching the principle.
I leant that Dividend paying companies are typically not going to grow in stock price as much and the overall market. I cash savings of around 600K, whats the best strategies for retirement investment.
Nothing wrong with dividend investing in stable companies. but i'll advice you consult with an expert if you wanty to invest such amount for retirement.
My dear husband passed away in 2021, and I have around $400K from his life insurance just sitting in a bank account, earning nothing. I had to invest it with the help of an expert, and in six months, I achieved over 80% capital growth, not including dividends. Highly recommended!
@@WestonScally7614 My dear husband passed away in 2021, and I have around $400K from his life insurance just sitting in a bank account, earning nothing. I had to invest it with the help of an expert, and in six months, I achieved over 80% capital growth, not including dividends. Highly recommended!
@@Christine-wp2bw *Jennifer Leigh Hickman* is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
My heart goes to the entire community for *DaleValskov* building up something even my grandpa can understand. This is so smart by them to launch it to shatter the doubts and fears of the common folk which is not even correct to begin with. Everyone knows the state of inflation and recession now and the way out is already in progress. Now it's just about catching the big fish
I fully retired at 54 and living off of my dividends. I started investing in 1984 in growth and transitioned 15 yrs ago into dividend aristocrats paying stocks. No regrets and financially free. Life is good while helping the less fortunate.
@@DoubleOddJosh I’ve never taken a huge loss but certainly small ones. If you been investing as long as I’ve been, the odds are greater to lose in the long run. It’s like saying I’m make 90% of my free throws 9/10 oppose to the person making 95% at 95/100. Currently my largest PAPER loss is VZ. But I’m not selling. Hopefully it will rebound while I collect my dividends.
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
Can't divulge much, I delegate my excesses to someone of great expertise ''Jennifer Leigh Hickman ' preferably you can look her up on the web, her qualifications speak for itself.
I disagree completely. I would not buy a stock if it didn’t pay a dividend. Dividends can be an excellent source of income. When your stocks drop in value during a downturn , you buy more stock and receive a raise in your dividends. Plus most blue chip stocks raise their dividends every single year to stay with or ahead of inflation. Great retirement way of investing. But you do to save save save first to be able to achieve sizeable dividends.
I believe that the reason that stocks that don't pay dividends are worth something is that as a group,they will have dividends in the future. A few of them (we cannot predict which ones) will have big dividends. That is what powers "growth" investing (at least over the long term) in my opinion.
@@davidpowell3347 while thats true id argue its better to invest in what has for decades paid dividends and increased them yearly than a possibility that a growth stock will start paying dividends MAYBE years down the line. As Kevin O’Leary said “why should I invest in something thats purely speculation? Why invest my money in to something that doesn’t pay me anything?” (He was talking about growth stocks).
It really is terrible advice. You can do both as well, I like a good mix of high growth tech stocks, and high dividend yield stocks. Some dividend funds payout monthly, who wouldn't want natural appreciation, plus bonus monthly income?
Technically, Investing in a index fund like VOO (1.45%) or SCHD (3.10%) pays dividends as well, which would also be dividend investing. Anything that pays a dividend is dividend investing.
My advice for dividend investors is to save for a bigger investment if you really want to retire off dividends, My major picks are SCHD and VOO and a few more that i can't mention because my FA Dianne Sarah Olson is really strict on discretion, anyway i digress, You can't expect to make a million from a thousand dollar investment that's where most people get it wrong, It's not a lottery!! Make realistic investments!! People say it's good to be greedy while investing..Yes, i agree but there's a difference between being greedy and being delusional haha. For example last year I invested 80k in stocks and made about 246k, but guess what? I put it all back and traded with her again and now I'm rounding up close to a million.
She really seems to know her stuff. I also found her online page and read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her
Dave's statement that you cannot pull anything out of a Roth IRA without a penalty is not quite correct. You can pull out your contributions at any time with no penalty. You just cannot touch any growth.
No! He was talking about your contributions in a Roth IRA, he specifically said : you cant pull ANYTHING out of a Roth IRA till 59 and a half..... Which is wrong.
The efficiency of this *DaleValskov* is next level. To juggle walk throughs of various angles on the topic delivered to-camera, differnet content per topic from various folks underneath the umbrella of the track list of the larger big band concert itself is engaging and refined. To make a dense taccess like this so digestible is really something. Awesome work jack!!
Another example of Dave is great to help you get out of debt.Investing not so much.We all need to educate ourselves and do what best suite our goals and needs.
Guarantee Dave has made much better returns on investments doing exactly what he says he does than you have. UA-cam commenters think they know everything.
@@jordanmadden7388 lmao yes he has made alot of money selling programs and running his business. just not my cup of tea for investing.Are you debt free including your home?I am and I used Daves program to do it.Dont make people your Deity.We all can chose diffrent things.Just not a zealot been debt free for 10 years.
@@jordanmadden7388 Listen to Ben Felix, how he DESTROYS Dave Ramsey’s investing advice regarding Safe Withdrawal Rate. As Bluecollar said above, Dave gives great advice for the COMMON FOLK regarding general stuff (being debt free, lowering taxes etc). However, he’s NO EXPERT at stock market.
We have been on a recession since the beginning of 2022, but big media and governments all over the world didn’t want to admit it. We need to be wise and use our brains. Knowledge is power and I’d like all the family to be powerful! Just purchased some *DaleValskov* Thanks for keeping us informed during this times of doubt?
Engaging with books has significantly elevated my perspective on investing. True wealth isn't built through mere savings; financial freedom stems from strategic investments. I've learned that accumulating wealth hinges on making prudent investment decisions||
Books have also changed my perspective on investing. Understanding that real wealth is built through strategic investments rather than mere savings is crucial. Working with an adviser has pointed me in the right direction_.
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
@@HudsonEthan-00 The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?
Adding JEPI and JEPQ are smart additions in my opinion. As for staying committed to higher-risk investments, it's all about balancing your risk tolerance with your long-term goals.
I believe a healthy portfolio has 3 things, at the bare minimum: Exposure to ETFs for increased diversification, Exposure to assets that generate cash flow like dividend stocks, Exposure to market-leading tech.
Despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k, and I've so far made a fortune. I'm now buying real estates, gold and silver as advised by my FA.
I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2024 with 10k and I'm up with 128k in a short period of time. This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
As a beginner investor, it's essential for you to have a mentor to keep you accountable. Myself, I'm guided by AMAILA BUNKER . A widely known crypto consultant
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze the MARKET. AMAILA BUNKER has been very helpful in assisting me with managing my portfolio.
1:44 you can pull the principal investment out of a roth ira penalty and tax free after five years. This effectively makes a Roth IRA an emergency fund that grows tax free.
Optimization of performance is achieved through diversification. Because of this, I have focused my attention on market sectors including stocks, the EV industry, renewable energy, technology, and health that have strong performance and are expected to develop. You'll be astounded by how much may happen in a few short years if you continue to contribute on a regular basis. Here's to $1 million and to FIRE
For the average person, the strategies are challenging. They are primarily carried out successfully by professionals who possess a significant level of expertise and understanding to carry out such tasks.
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
“LAURELYN GROSS POHLMEIER ’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
So I’ve saved up $221k in my emergency fund (yes, really), and now I’m staring down this whole 'dividend investment' rabbit hole. Is this what success looks like? Or should I just put it all on red at the casino? 😂 Looking for a head start here. Thoughts?
Nice stash! Honestly though, dividends are cool if you want steady income, but don't sleep on diversification. Maybe talk to a real investment advisor before diving in? Can’t hurt to have some pro advice to back you up.
There are a handful of CFAs. I've experimented with a few over the past years, but I've stuck with ‘' Linda Aretha Reeves” for some years now, and her performance has been consistently impressive. She’s known in her field, look her up.
And then you don’t have to sell equity in retirement. You just let the dividend payouts pay the bills. During a recession dividend stock holders living off the income are generally not too affected. Unless they cut the dividend
I like how dividends balloon the longer you invest. My problem, though, is one of capital allocation. I want to invest maybe 70k and then grow that overtime. Any advice on how I could go about?
I agree. There are pros, and there are non-pros. People who really rip the market are either hedge funds, or individuals who use professional advisors, else you are better off buying index funds. But you could make way much more-- I'm talking 10x more-- if you use a financial advisor.
Yes, there are. *Jennifer Leigh Hickman* is the manager I personally work with. Just research her name and you'll find necessary details to set up an appointment.
There are REITS that pay monthly dividends. I started with those stocks and gave me the motivation to keep going. Seeing money come in monthly is very motivating for me.
Dave Ramsey advise on buying real estate and mutual funds are just two ways of many ways that folks can invest, he shouldn't make it sound like these are the only ways to invest just because it's worked out for him. There are many investors out there in this world who have different investment strategies that have done very well for them and they stick with those as well.
Exactttttly! Kinda like he is also dead set on married couples doing joint accounts only. 🤦🏼♀️ This ain’t 1950 anymore & that strategy isn’t right for EVERYONE. The key is to take your financial advise from multiple sources!
I’m not a financial advisor but personally I recommend ETFs over mutual funds because of the lower fees. Some people have no idea how much they’re getting robbed by these retirement fund companies.
Best answer I've seen so far! If worked for you great, doesn't mean the other strategies are bad (probably didn't even do a research about it). There is a guy called Luiz Barsi who amazingly came out from nothing in a poor country and last year at age 62 is received USD300K A DAY (yes, per day) in dividends, and I'm talking about a guy who was investing in a 3rd world country stock market (much more volatile), and consistently growth his dividend portfolio and passive income every single year. His portfolio worth billions, but he doesn't care because if a single day of dividends he can pay for his entire year of living. Good for him good for Ramsey, I like to understand different points of view, when they respect each others and don't think there is only one way to get there.
I came across your channel through this video-case studies are incredibly valuable, and I'm eager to see more in the future! Building wealth involves establishing routines, like consistently setting aside funds at regular intervals for smart investments.
The strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off
I can only speak from my experience when I advise seeking professional advice. It looks like a smart bet if you don't know where to get an experienced one, but if you don't know anything about the market.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation??
I have a female advisor named Stacy Lynn Staples. I recommend researching her. To be very honest, I'm glad I decided to let someone handle expanding my finances even though I almost didn't think I should.
I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying it’s ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.
Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge.
It all depends on how long you're willing to hold for, stocks might likely tank further, but making serious gains in this downtrend wouldn't be a problem if you're a pro. Reason I decided to work closely with an brokerage-adviser ever since the market got really tensed and the pressure became so much(I should be retiring in 17months) so I've had an brokerage-adviser guide me through the chaos, its been 9months and counting and I've made approx. 650K net from all of my holdings.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
I think it's important to stick to stocks that are immune to economic policies. AI stocks that have the potential to power and transform future technologies. It seems AI is the trajectory most companies are taking, including even established FAANG companies. Maybe there are other recommendations?
@KarenDuncan-o5s That's a great analogy and I love the insight. Professionals could make a really big difference in investing, and I think everyone should have one. There are aspects of market trends that are difficult for the untrained eyes to see.
@@HopesKruses The beauty of MARGARET MOLLI ALVEY approach is her dual focus: while aggressively pursuing profit opportunities, she's equally tenacious about shielding investors from potential pitfalls. It's a balance few can achieve.
@@IngoKociper Thank you for this tip. It was easy to find your coach's webpage by looking up her name online, She seems proficient considering her resume.
The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. $52k dividends received in 2022.
I agree! That's why it is advisable that you have to invest while you still have a regular job or earning a regular income, and do it constantly. You still need to have something that will keep you going even if you're investing. Good financial planning and money allocation is the key.
I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured some money in value stocks and digital asset, i accrued over $80K in dividends last year
I have “Vivian Carol Gioia” as my investment advisor. She has a solid reputation in her field and is a true genius when it comes to diversified portfolios, which help portfolios be less vulnerable to market downturns. She may be a name you are already familiar with; a Newsweek piece helped me to do so.
When we hit $1 Million last 2 years it felt good but was kind of anti climatic. You still keep working, saving and making good choices in an unstable economic environment. However, despite market gains, our portfolio has seeing great decline. Seeking to improve it and maximize returns.
Everyone should have a safety cushion in their portfolio. While I can’t give specific advice, it’s important to talk to a fiduciary advisor for help with restructuring your portfolio.
De-risk your portfolios, shore up your core holdings, and take some profits while balancing your portfolio allocations. I have been investing for 8 years, 5 with a CFA, I've achieved a 10x return compared to DIY efforts, totaling nearly $2m ROI. My best yet.
KATHLEEN CHERYL CONSTANTZ is who I work with. Have worked with her for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Kathleen sure knows her onions in this industry, from her intimidating profile which I went through, on her web home page. I started off last year tailoring a colleague's tradin strategies but it didn't pan out well. Hopeful that Kathleen will attend to my message.
I admire the financial independence of people, But you can live better if you work a little more. After watching this I think there are people out there, on the extreme, who plan to die early just to be able to retire early. To each their own but to me retirement isn't just about not having to work, it's about having the freedom to do whatever you might reasonably want, such as travel, buying things, enjoying life, etc. I don't think I could retire with less than $3m in income-generating investments, maybe $2m at the very minimum. I plan to work until I'm at least 45
Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving
Having an investment adviser is the best way to go about the market right now, especially for near-retirees, I've been in touch with a coach for a while now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I netted over $220K during this dip, that made it clear there's more to the market that we avg joes don't know
I started investing in dividends with my taxable account. I used the buy and hold strategy in my Roth, adding some Berkshire B stock, SCHD, and an S&P 500 and total market exchange-traded fund.
When I started investing last year, I avoided significant mistakes. I've focused on investing modest sums in stable businesses for the long term. If stocks perform well, I hold onto them; otherwise, I reinvest losses into profits. Recently, I made $9.5k from a $4k investment in NVIDIA.
Exactly, a good number of people discredit the effectiveness of financial advisor, but over the past 10years, I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure and that's fine by me.
Sonya lee Mitchell 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.
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 caII.
Given the current volatility in the stock market, I believe investors should divert their attention to lesser-known stocks. With 35% of my $270k portfolio invested in stocks that have sharply declined from their previously high status, I find myself at a loss on how to proceed, feeling overwhelmed by the situation.
I think a good investment portfolio should have three basic things: ETFs for diversification, dividend stocks for cash flow, and leading tech stocks. With your budget, it's a good idea to talk to a fiduciary financial advisor for expert advice.
I totally agree with you. I started out investing on my own too and lost quite a bit. After the 2020 crash, I managed to pull out about $160k. I then invested that money with an analyst, and in just seven months, I made almost $580,000. It's amazing how having the right guidance can turn things around!
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
"SHERRY DAWN CARRICO" a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.
The blanket statement that you cannot pull any money out before 59.5 without taxes and penalties is simply incorrect. Please make sure you ask a tax professional.
Roth IRA is complicated and there may be a way for younger people to pull out some contributions but not earnings without having to pay if certain condition is met---having had the Roth IRA for a long time? Documentation? but easier to draw on the Roth IRA worry free if you are older
Acquiring stocks could appear simple, but choosing the right stock without a tested plan can be very difficult. My main barrier to growing my $210K portfolio, which I've been working on for a while, is the absence of well-defined entry and exit plans. Any guidance on this would be highly valued.
Personally, I would say have a mentor. Not sure where you will get an experienced one, but if your knowledge of the market is limited, it seems like a good bet.
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless. .
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
'Laurelyn Gross Pohlmeier' a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
They can be. Some dividend stocks obviously end up going under. However, long-term, blue-chip players like Johnson & Johnson, Air Products & Chemicals, Philip Morris, Realty Income, etc. can really add up if you're patient with them. I use them as "cherries on top," while putting most of my investment money into a few "bedrock" index funds across my accounts and holding some precious metals on the side.
I’ve got $60,000 to invest, and I’m looking to build a nest egg for my later years. I’m considering putting all of it into a long-term ETF and just letting it sit for 20-30 years instead of dollar-cost averaging (DCA) with smaller monthly contributions.
You’ve got the right idea with the “time in the market beats timing the market” approach. However, I’d strongly recommend consulting a licensed financial advisor to tailor a strategy that fits your risk tolerance and goals. They can help you balance high-risk and low-risk investments in your portfolio.
Honestly, I’m leaning toward having an advisor manage my investments because my job keeps me too busy to analyze stocks myself. My current advisor has done an amazing job-my portfolio has tripled in 5 months and is now close to $1 million.
That’s incredible! Would you mind sharing your advisor’s details? I’m in desperate need of proper asset allocation, especially for dividend-paying stocks in 2025.
I've stuck with "Peter Dewitt Martin" since the covid-crash of 2020, and her performance has been impressive to date. he's quite renowned in his field with over 10 years of experience, with his free consultations, i say its a sure yes.
I feel that the last bull run was bolstered by all the money being printed. Major returns next bull run but I think they will be tamer in my humble opinion. A 10x on *DaleValskov* and a 15x on polygon are fair considering how much those two coins are interwov
Saying you cannot take money from your Roth until you are 59 and 1/2 is wrong. Your contributions can be taken out at any age with zero penalty. The growth is what you cannot take out until you are 59.1/2 or you will get penalized.
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
My CFA, Stacy Lynn Staples a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
I've been working hard to save money and contribute to early retirement and financial independence, but the economy has destroyed the majority of my portfolio since the pandemic. I want to know if I should continue to make contributions to my portfolio in these erratic markets or if I should look into other industries.
Invest for as long as you can in the S&P 500 ETF. As much as you can, do it. Let compounding do its thing and try not to take this money out. Put patience and a long-term outlook first. Most essential, take financial advice into account to make well-informed purchasing and selling decisions.
Most people minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
"Laurelyn Gross Pohlmeier," a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.
She appears to be well-educated and well-read. I ran an onlline search on her name and came across her webslte; thank you for sharing. I sccheduled a caII.
came back to this video just to say im glad you said this because i found a video of warren talking about dividends and was kind of discouraged by this video, cheers
*DaleValskov* has the most potential to do more than X10. ETH and BTC will most likely do a X5-X6, but that's fine for me. Gotta look for better entry points while I stake IRIS and PGEN, then wait for Polygen's next raise as I also look at their new partnership with Kenzo Ventures
As an lnvestment enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.
The current state of the market may bring opportunities to increase profits quickly, but professional assistance is required in order to put such a plan into action.
Many people minimise the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm solvent. I looked for licenced advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Rachel Sarah Parrish is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
She appears to be very knowledgeable. I found her webpage and read through her resume, educational background, and qualifications, which were all very impressive. I have sent her an email detailing my financial goals.
My dad set up a college fund portfolio with dividend stocks. I didn't use it and it now gives me a passive income. I still pay income taxes but they are small compared my regular income. It not a bad idea but I would diversify as much as you can.
@@GuitarsAndSynths He didn't get lucky. He grew his business from a card table in the living room. Are you saying anyone who makes money is just lucky?
@@annasimons389 Agreed!! They're jealous that Dave grew his business from nothing, when they want instant gratification. Slow and steady wins the race.
Smart, responsible, and disciplined dividend investing is fantastic. That is what my wife and I do, and it has been one of the best financial decisions we have ever made.
@@diane261 Well-run oil and gas midstream companies are fantastic for dividend income. WMB and ENB are great examples. Limited partnerships (MLPs) can be even better, but you should never invest in these until you've researched the tax issues associated with them. MLPs are taxed entirely differently from normal stocks, and this can cause problems for people who don't understand that before they buy.
I just initiated my investment journey, planning to put in at least $80k into dividend stocks. I am project a 30% per year on dividend returns. I seek advice.
JEPI and JEPQ are smart addition to your portfolio in my opinion. As for staying committed to high risk investment, it's all about balancing your risk with your long term goals.
The market is not necessarily a rollercoaster if you know your way around it. There are many opportunities in the market today to accrue profit. If your not too conversant with the market, just buy and hold good companies with good earnings, or better still consult the expertise of a financial expert on ETFs and actively managed funds. It actually worked for me. I have made over 40% capital growth excluding dividend.
Consulting the right advisor is challenging, I have been on it for sometime now. I cannot seem to get a reliable one, or maybe I am not looking in the right places. Please who is guiding you? I would really use a good recommendation at this point.
I am working with Jason Herman Pierce. He is a CFA. His cutting edge financial strategies is top notch. You will appreciate his ability to identify and mitigate potential risk to your finances as he works in accordance to your risk tolerance. You should give him a try.
How did you manage to achieve that level of growth? I've been trying everything I can to improve my investments, l want to retire in a few years and I need a better diversification
Mrs Katherine Maier trading is the best way of making money in the market due to lack of experience which resulted in loosing funds. But mrs Katherine Maier, restored hope his a good woman
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.
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.
I agree. Based on personal experience working with an investment advisor, I currently have $1m in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
thats really massive!How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Melissa Maureen Ward’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant
I started working with Alex back in February, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
Personally I think anything that increases your income is a great thing. Also imo its great to have extra income sooner so you can enjoy yourself now. Dave seems deadset on just retirement, I want that AND more income NOW.
Thanks I was thinking about that . I’m in my 30s and don’t make a lot but have a lot cash and would like to start making generating income from besides my job .
Peter Schiff had a nice point on that....and it's a big mood too. I prefer a higher level of savings rate, but I have felt deprived lately so I've switched to dividend etfs and short term treasuries (cause they pay a fat 5% right now), and I've decided that instead of DRIP, I'm going to YOLO my dividends to psychologically keep me motivated, even when my portfolio is going sideways or dropping in value.
To me (not retired) it seems that it's really important to make sure you have enough for retirement otherwise your life in retirement can really suck. But I think if you are on track to overshoot your retirement, then it makes sense to invest in more dividend stocks so you can enjoy life in the present. But to do that possibly at the expense of a secure retirement would be a bad idea, I imagine
@@thecurrentmomentim all for having enough for retirement, Max out IRA and put back maybe a little more etc. My main issue is this tightwad dont even think about investment outside of retirement idea Dave pushes. Like theres nothing wrong with putting 5-10 thousand a year towards dividend stocks and reaping the benefits now. Could even help more at retirement as youll have hundreds of thousands in dividend paying stocks which in turn increases your disposable income.
I completely agree! Nicole Anastasia Plumlee is the licensed advisor I trust. Just look up her name, and you’ll find the details to set up an appointment.
Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024?
I'd avoid the index funds, mutual funds, or specific stocks for the time being. The 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows sign of recovery.
This is why I entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far
Dividends from the stock market encouraged me to begin investing. What matters, in my opinion, is that if you invest and make additional money in addition to dividends, you will be able to live off of dividends without selling. It implies that you can provide that benefit for your children, giving them a head start in life. I've invested more than $600K in dividend stocks throughout the years; I'm currently buying more today and will continue to do so until the price falls even further.
Hearing from an experienced investor who has survived the crisis and prospered is always comforting. It could be worrisome when your portfolio goes from green to red, but if you have invested in strong firms, you should just keep growing them and stick to your goal.
I wholeheartedly concur, which is why I appreciate giving an investment coach the power of decision-making. Given their specialized expertise and education, as well as the fact that each and every one of their skills is centered on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it is practically impossible for them to underperform. I have made over 1.5 million dollars working with an investment coach for more than two years.
I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look her up and send her a message. You've truly motivated me. God's blessings on you
Solid option is investing into heavy growth (50%) and slowly move it into dividend ETFs over time. If you have 30+ years to invest you want to grow the nest egg and then even moving a portion into a dividend like SCHD to create a quarterly paycheck while leaving the rest in growth/index funds. Get the best of both worlds with a solid plan.
Dividends can end or get lowered, and some companies can fail no matter how long they've been around. I think only a small percentage of investing should be in high yield dividend companies.
I have owned oil/gas and dividend achiever stocks since the 80s in high school with over $9k/mo. reinvested dividends currently in my retirement account with 60% invested.. Owned dividend paying REITs since the 90s. Most I have bought when single digits. I never had debt other than nine year mortgage though. Had one or two stop dividend payout but it was understood then they restarted the stock a few years later but value still increase. Had one REIT cut their monthly dividend in half two years ago but was understood and it was $600/mo. instead of $1200/mo.. Some non dividend stocks I have owned for years just started paying dividends the past few years like Apple. Don't have to be high yield. Don't need to chase yields. Just steady dividend payout automatically reinvesting monthly and quarterly. Do due diligence and know what you are investing into. All I know is if it wasn't for owning dividend paying stocks in my 401k automatically reinvesting,dividend increases,and stock/company splits through the years it would not have crossed 1.5 million in 2019 with total contribution of $320k. I can tap into up to $8k/mo. dividends in my Roth and about $4k/mo.with pretax. Currently tapping $40k/yr.. income from qualified dividends to supplement retirement income..
@@suttsd Yup. Even when my dividends were cut I was still already up over at least 200% on the growth of the stock price. But it seems many focus more negatives and hearsay instead of doing the due diligence and math.
Dividends are a great thing, but they’re only really effective for passive income when you either have somewheres over 20 to 25 thousand shares of a high yielding stock. Meaning you likely need to have a few hundred thousand if not more invested in it. Re-investing dividends back into the same stock certainly does snowball with compound interest, but you only really start seeing it after 20 years of never stopping and likely needing to add additional money of your own with it….so it’ll be time consuming and costly. The way I see it if you have a million dollars at some point, that’d be enough to create a portfolio that would pay you between 50 to 70 thousand in dividend income
Warren Buffett suggests that dividends are only beneficial when a company can't effectively reinvest the capital for growth. Investing in dividend-paying stocks may be more suitable for those seeking stable returns from established businesses rather than aiming for portfolio growth.
It's not difficult, but you have to learn and handle. Another thing is that if you can't manage your home, maybe you shouldn't invest on your own. If so, you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows, rather than betting on penny stocks.
Market's inconstancy is one of the reasons I have my daily investment decisions guided by F/A, as their skill set is built around going long and also shorting the market to maximize returns, both employing profit-oriented strategy and laying off risk as a hedge against inevitable downtrends, and when combined with exclusive analysis, it's nearly impossible not to outperform. Since the 2020 pandemic, I've made more than $1.6 million after subsequent investments thus far.
@@mikegarvey17 Would you kindly suggest a professional with a range of investing options? This is quite unusual, and I look forward to hearing from you
This is useful information; I copied her full name and pasted it into my browser; her website popped up immediately and her qualifications are excellent; thanks for sharing.
Absolutely! 💯 Most of my passive income comes from dividends and I plan on continuing to live off that once I'm either retired or God-forbid unable to work
What distinguishes the best investors from others? I have $385K in equity from selling a house, and I'm uncertain whether to invest it in stocks now or wait for better market conditions.
The current market might give opportunities to maximize profi.t, but in order to execute such effective transactions, you must be a skilled practitioner
I agree. Exactly why I now work with one. A lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
"Laurelyn Gross Pohlmeier," a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.
She appears to be well-educated and well-read. I ran an onlline search on her name and came across her webslte; thank you for sharing. I sccheduled a caII..
Curious about top investors' millionaire-making strategies, I'm eager to grow my $295,000 nest egg. Investing in stocks could provide attractive returns through capital appreciation and dividend yields. But timing is crucial - should I invest now or wait for improved market conditions?
You're correct. I think the smartest way to go is to spread out your investments. By putting your money into different asset classes like bonds, real estate, and stocks from other countries, you can lower the risk if one part of the market goes bad.
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $235k to $690k despite inflation.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
She appears to be well-educated and well-read. I ran an onlline search on her name and came across her webslte; thank you for sharing. I sccheduled a caII.
I believe in Dividend stocks. I am 54 and have $2000 a month in passive dividend funds that I reinvest every month or quarter. Those dividends just keep adding up. The tax on Capital gains is nothing if you make under 89000 for a married couple.
My grandpa makes millions every year from deviden only. He invested in stocks since he is 30's, he told me that he kept reinvested the deviden he received plus portion of his wages for 20 years,and it snowballed . In my country there is no such things as pension funds .
@@drewseaver4531 It's because of compound interest and the increasing amount of shares from the dividends reinvested. Once your portfolio reaches 100k it will take you less and less time to make an extra 100k each year it's really cool
I recommend diversifying your investments by considering stocks alongside real estate. During a recession, there are potential buying opportunities in the stock market if approached cautiously. Additionally, market volatility can offer short-term buying and selling opportunities. However, please note that this is not financial advice. It's important to be proactive in investing as cash may not be the most advantageous option during these
You’re right! 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.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $30k of my savings in stocks this year, and I hope I make profits.
You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
@@ReginaldsKeiths That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.
*MONICA AYAKO VOS* is the licensed advisor I use. can't divulge much. Most likely, the internet should have her basic info, you can research if you like.
I actually really like my dividend investment. It’s my inheritance from my grandfather who worked at a major company and it’s maybe 1/3 of my net worth but it’s keeping my finances strong through this recession
My investment journey is just getting started, and I intend to invest $150K in dividend companies in order to earn up to 30% in dividend yields annually. Do you have any advice?
I believe that adding JEPI and JEPQ is a wise move. Maintaining a commitment to riskier assets requires striking a balance between your long-term objectives and your risk tolerance.
At the very least, I think a good portfolio should include three things: exposure to market-leading technology, securities that produce cash flow, and exchange-traded funds (ETFs) for greater diversification.
I've made a fortune so far, despite my inexperience with investing. My financial advisor completed the task in a little over six months after receiving a $700K lump money. Following my FA's advice, I'm now purchasing gold, silver, and real estate.
Hey, I'm trying to find a certified one to boost my investments/portfolio, but it's tough online. Can I get a rec from you, since you know about this stuff?
She goes by ''Amber Michelle Smith'' a renowned figure in the financial industry with over two decades of experience. I'd suggest you research her further on the web.
Is S&P 500 a good stock to start on? Or should someone start on popular stocks such as APLE, or SBUX. I want to invest around $200K from my cash savings
A long-term approach can definitely help with navigating market volatility. Set Clear Goals, Focus on Quality Investments,Stay Patient and Avoid Emotional Reactions, and Work with a Financial Advisor
Yes. It is very easy to buy in on trending stocks but the problem is knowing when to sell or hold, which is why a coach is important. I've been in touch with one for about a year now and although I was initially skeptical about it, I will say I've made more progress within a year generating 6figure profit
I have a different approach. I'm 29, but I am using the dividends as a second account to grow and snowball until I am 65. I can then put all my contributions towards growth stocks and not have to ever contribute to my dividend account again and just let that account compound for 36 years. If I have a bad year where I cannot contribute to what I like, I still have my dividend portfolio growing without having to contribute to it. You can pull your contributions out of your ROTH tax and penalty free but should only be done for something that exceeds your returns such as starting a business.
Same age as you and I’ve been doing that as well. I’m trying to grow a monster dividend portfolio that pays me between 7k-10k a month. I’ll use that (as well as my full time job) to max out my Roth and then allow that to snowball.
Right when he came out with GM as the example of a "blue chip" dividend company I knew this was going south. JNJ, PEP, MCD Ramsey should have mentioned that you can make up to roughly 80k/year in dividends as a married couple TAX FREE!!!
Here on UA-cam. Just search for "dividend stock investing". All kinds of channels talk about it. A very popular one is SCHD. It is an ETF made up of S&P500 companies that pay a dividend. O (Realty Income Corporation) is very popular, and pays each month.
@Music Pro, exactly! Once old, one can barely enjoy one's wealth. You're basically living and working to make your descendants wealthy. I don't know why Dave does not understand this.
@@mikepaulus4766 that's the problem dave doesn't really say that. He just wants to you invest in mutual funds or real State and thats good but don't stop other people from doing other plans that can make them millions in a shorter time for example investing in single stocks that are good
If you can become rich when you're young, go ahead, that's great! But most people don't have the skills or connections to make enough income to become rich before 40, so their only realistic option is to invest their way into becoming rich in their 50s or 60s.
@@otrebla8944 You younger guys are in for a surprise. You get old fast. In the blink of an eye. This idea that you can't do anything when you're older is funny. To retired folks who are in better shape than the twenty somethings talking about health. Take it from a man in his 40s. I am stronger, leaner and in better shape now. Then I was in my late 20's early 30's. Eat healthy. Force yourself to invest until it becomes uncomfortable to live. When you're entering your 50's. You will thank yourself.
You can easily invest in a blue chip mutual fund or index fund, spread out the risk and still get the dividend payments ... you will get a smaller share then if you owned each stock directly, but you can still do this.
The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. $52k dividends received in 2022.
I agree! That's why it is advisable that you have to invest while you still have a regular job or earning a regular income, and do it constantly. You still need to have something that will keep you going even if you're investing. Good financial planning and money allocation is the key.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
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?
When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
I started investing in dividends with my taxable account. I used the buy and hold strategy in my Roth, adding some Berkshire B stock, SCHD, and an S&P 500 and total market exchange-traded fund.
When I started investing last year, I avoided significant mistakes. I've focused on investing modest sums in stable businesses for the long term. If stocks perform well, I hold onto them; otherwise, I reinvest losses into profits. Recently, I made $9.5k from a $4k investment in NVIDIA.
Exactly, a good number of people discredit the effectiveness of financial advisor, but over the past 10years, I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure and that's fine by me.
Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch if you don't mind
Her name is “Diana Casteel Lynch” Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thanks a lot for the recommendation. I'll send her an email and I hope I'm able to connect with her.
My portfolio doesn’t just cater to dividend stocks. I hold $VFIAX (S&P 500 index fund) in my Roth IRA and $VTI (Total Stock Market ETF) in my taxable brokerage account. Two of my largest holdings. The individual dividend stock positions all complement the index holdings.
Thats when you hire someone to manage your money. You need a (CFP) straight up! personally, I would invest in ETF's and also love investing in individual stocks.
I took charge of my portfolio but faced losses in 2022. Realizing the need for a change, I sought advice from a fiduciary advisor. Through restructuring and diversification with dividend stocks, ETFs, Mutual funds, and REITs, my $1.2M portfolio surged, yielding an annualized gain of 28%.
Your advisor must be really good, how I can get in touch with them as my porfolio isn't doing well.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
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. I invest in the market, but never put all my money in market.
Speaking from personal experience, I would say engage professional guidance. Not sure where you get an experienced one, but if your knowledge of the market is limited, it seems like a good bet.
Mind if I ask you recommend this particular professional you use their service? i need all the guidance I can get.
Annette Christine Conte is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
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 caII.
Don't tell Ramsey. He doesn't like dividend investing.
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 whenever 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 completely agree; I recently retired, and have approximately $1,250,000 in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!
Could you recommend your advisor? I'll be happy to use some help.
Her name is. 'Diana Casteel Lynch” Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Diana Casteel Lynch is the coach that guides me, you probably might have come across her before I found her through a Newsweek report. She's quite known in her field, look her up.
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.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
This is definitely considerable! think you could suggest any professional/advlsors i can get on the phone with? i'm in dire need of proper portfollo allocation
I've been working with ‘’Amy Desiree Irish” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, Look her up.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Investing in close-end funds that pay dividends every month appeals to me. The secret is to hold for a long time, reinvest the monthly dividends, and purchase additional shares whenever you can afford to do so. Since close-end funds are bought and sold on the stock market just like ordinary stock, this is simple to accomplish. That would be sufficient to build a portfolio that would generate dividend income ranging from $50,000 to $70,000.
You shouldn't enter the market mindlessly just because there are opportunities there. I'll suggest that you get professional assistance in order to comprehend the possible elements that contribute to your financial development.
I absolutely agree; I just got out of the workforce and have about $1,250,000 in external retirement savings. Compared to the whole value of my portfolio during the last three years, I have very little in retirement funds and no debt. To be honest, it's brilliant to have a portfolio-advisor for investing!
Could you recommend your advisor? I'll be happy to use some help.
Her name is. ‘Annette Marie Holt” Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.
Congratulations, *DaleValskov* I am relieved that you are out there fighting these thugs, We musttake every precaution to protect the elderly and the general public from these despicable con artists. Congratulations to You!! You deserve the Nobel Peace Prize for ensuring our security.
Huh
I leant that Dividend paying companies are typically not going to grow in stock price as much and the overall market. But they do tend to be stable mature companies. I want to invest around 600K for retirement, is this good strategy?
Nothing wrong with dividend investing in stable companies. but i'll advice you consult with an expert if you wanty to invest such amount for retirement.
My dear husband passed away in 2021, and I have around $400K from his life insurance just sitting in a bank account, earning nothing. I had to invest it with the help of an expert, and in six months, I achieved over 80% capital growth, not including dividends. Highly recommended!
Your advisor must be really good, how I can get in touch with them as my porfolio isn't doing well.
*Victoria Louisa Saylor* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Wow, her track record looks really good from what I found online.i just filled the form and scheduled for a call. Thanks to you
I am a dividend investor, and I have been for a long while, and I also own growth stocks too, a well rounded portfolio should be a mixture of both categories. One way to minimize the trepidation of stock market investing is to make sure you keep a large cash cushion. I invest in the market. But I don't put all my funds in the market.
Dividend are awsome. Everyone has their method of investing. But I sometimes use my dividend to buy other dividend and growth stocks for diversification, rather than reinvesting in the same stock. What is important is that you're investing.
I too use the method of reinvesting my dividend on other dividend and stock. Diversifying my portfolio is how I feel safe.
I agree with you. But it is not all about investing money in stock, but you have to be knowledgeable in the field. Personally I work closely with a financial advisor for proper diversification of my portfolio. Currently I have $978k in a well diversified portfolio, which has experienced accelerating growth.
@@WilliamTurner-od5ij
I have actually been looking into advisors, the market is becoming tougher by the day. Who is the person guiding you?
I work closely with financial advisor TIMOTHY ERIC MEEK.
I started investing in dividends with my taxable account. I used the buy and hold strategy in my Roth, adding some Berkshire B stock, SCHD, and an S&P 500 and total market exchange-traded fund.
When I started investing last year, I avoided significant mistakes. I've focused on investing modest sums in stable businesses for the long term. If stocks perform well, I hold onto them; otherwise, I reinvest losses into profits. Recently, I made $9.5k from a $4k investment in NVIDIA.
Exactly, a good number of people discredit the effectiveness of financial advisor, but over the past 10years, I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure and that's fine by me.
Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch if you don't mind
Her name is Rebecca Nassar Dunne can't divulge much. Most likely, the internet should have her basic info, you can research if you like.
Thank you so much! This is exactly what I needed right now. I wrote her an email and am waiting for her reply. Hopefully, she responds soon.
People are facing a tough retirement. and it's even harder for workers to save due to low-paying jobs, inflation, and high rents. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire in.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
It's recommended to save at least 20% of your income in a 401k. 'Joseph Nick Cahill' taught me to estimate how much you should save based on your age and income. I've been with him for years now and his decades of experience in the markets translate to chunks of value in so many ways! he has upscaled my portfolio and even got me reading self help books haha
Impressive! How can I contact this advisor? My portfolio has underperformed, and I need guidance.
Joseph Nick Cahill is his name. He is regarded as a genius in his area and works for Empower Financial Services. He's quite known in his field, look-him up.
Thank you so much for the suggestion! I really needed it. I looked him up on Google and explored his website; he has an impressive background in investments. I've sent him an email, and I hope to hear back from him soon
Dave is good for getting out of debt but I'll take Warren Buffets investing advice over his.
One thing Dave never does is name the mutual funds he’s invested in. Maybe he’s no being completely honest otherwise he’d be open.
Did Warren Buffet actually recommend dividend stocks though? Berkshire Hathaway has never paid a dividend. I don't think he's that keen on them either.
@@billyjohnson9166 of course he's not honest, he says to worship Jesus a man who never showed Elijah
@@JeanValjean875 yes he said to diversify in many ways, that includes Dividends that add over time
@@JeanValjean875 warren buffet said invest in productive assets which means they pay you along with appreciation hence why he invest in coke for in his own words he doesn’t invest in stuff without a dividend usually
“You don’t need passive income” is a bizarre statement to me. I’ll keep buying my divi’s Dave. 😊
@M ETFs are really safe. $SCHD and $VTI are great, and if you're nearing retirement consider $JEPI.
Does anyone recommend someone to talk to or anything? I’m 20 and make 50k a year right now, would love to start investing but at the same time I’m super leery about it
@@Braedyn1016 I am in SCHD. Great fund
@@dontmakememad6759 The internet has amazing resources, but if you're leery, a financial advisor may be right for you. I would definitely do individual research it's crazy how much you can learn for free
@@bobrossopinions REITs don’t pay qualified dividends so you’re going to be taxed at 30% plus on dividends from O, rather than the 15% capital gains tax rate for a qualified dividend.
So many bots in the comments UA-cam needs to fix this. Always trying to promote some nonsense account manager
Bt I only had 2.35 in my checking account! Bt then Mary Lou Jackass talked to me and now I have 400 billion! Thank u Marinara Retinbaum Francescisass!
UA-cam can't do anything lol they are too busy keeping the platform free of truth
Hey I don't hate . If y'all want to send me some money just hmu 😂
I can't say enough good things about nonsense account manager! She tripled my portfolio in a single quarter, outperforming all the major hedge funds! If you're looking for a place to invest your money, just ask me to provide nonsense account manager's contact information!
The bots are so bad! ...you were the 1st person that I saw in this comment thread.
The etf SCHD is basically an index fund of strong companies that pay out dividends. It only has an expense ratio of 0.06% and has performed well since it came about 10 or so years ago. I highly recommend people consider adding it to their portfolio. With enough time, you can use those dividends later in life to largely live off of without touching the principle.
SCHD is one of my favorite ETFs.
SCHD outperformed the S&P 500 over the past five years.
This should be a pinned comment
You're correct. The FTSE 100 equivalent even yield more. IUKD.L
How do I add it to mh portfolio i am a beginner
I leant that Dividend paying companies are typically not going to grow in stock price as much and the overall market. I cash savings of around 600K, whats the best strategies for retirement investment.
Nothing wrong with dividend investing in stable companies. but i'll advice you consult with an expert if you wanty to invest such amount for retirement.
My dear husband passed away in 2021, and I have around $400K from his life insurance just sitting in a bank account, earning nothing. I had to invest it with the help of an expert, and in six months, I achieved over 80% capital growth, not including dividends. Highly recommended!
@@WestonScally7614 My dear husband passed away in 2021, and I have around $400K from his life insurance just sitting in a bank account, earning nothing. I had to invest it with the help of an expert, and in six months, I achieved over 80% capital growth, not including dividends. Highly recommended!
How about you recommend your financial advisor, please? I could really use some help.
@@Christine-wp2bw *Jennifer Leigh Hickman* is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
My heart goes to the entire community for *DaleValskov* building up something even my grandpa can understand. This is so smart by them to launch it to shatter the doubts and fears of the common folk which is not even correct to begin with. Everyone knows the state of inflation and recession now and the way out is already in progress. Now it's just about catching the big fish
I fully retired at 54 and living off of my dividends. I started investing in 1984 in growth and transitioned 15 yrs ago into dividend aristocrats paying stocks. No regrets and financially free. Life is good while helping the less fortunate.
This is an amazing goal so many of us are striving for
@@citizenoftheyearCC thank you, but I have to decline.
@@cashflow68 No worries, have a good one!
Serious question: since you've been a dividend investor since 84, have you ever taken a major loss? Like on Enron?
@@DoubleOddJosh I’ve never taken a huge loss but certainly small ones. If you been investing as long as I’ve been, the odds are greater to lose in the long run. It’s like saying I’m make 90% of my free throws 9/10 oppose to the person making 95% at 95/100. Currently my largest PAPER loss is VZ. But I’m not selling. Hopefully it will rebound while I collect my dividends.
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
Can't divulge much, I delegate my excesses to someone of great expertise ''Jennifer Leigh Hickman ' preferably you can look her up on the web, her qualifications speak for itself.
I work with *Jennifer Leigh Hickman* , a licensed advisor. Simply search the name to find the necessary details to schedule an appointment.
Yes it is a great way to invest. Just dont chase yield. Buy high quality companies that continually raise their dividends.
Exxon has good dividends.
I do invest but only in the dividend king.
@@fighteroffuture1476 and aristocrats
@@zesolodar you are so right. And by doing so you can create an diverse profile. Great point you made. Thank you!
Yes. The dividend growth rate is very possibly even more important than dividend yield but there are many other factors to look at too.
I disagree completely. I would not buy a stock if it didn’t pay a dividend. Dividends can be an excellent source of income. When your stocks drop in value during a downturn , you buy more stock and receive a raise in your dividends. Plus most blue chip stocks raise their dividends every single year to stay with or ahead of inflation. Great retirement way of investing. But you do to save save save first to be able to achieve sizeable dividends.
I believe that the reason that stocks that don't pay dividends are worth something is that as a group,they will have dividends in the future. A few of them (we cannot predict which ones) will have big dividends. That is what powers "growth" investing (at least over the long term) in my opinion.
@@davidpowell3347 while thats true id argue its better to invest in what has for decades paid dividends and increased them yearly than a possibility that a growth stock will start paying dividends MAYBE years down the line.
As Kevin O’Leary said “why should I invest in something thats purely speculation? Why invest my money in to something that doesn’t pay me anything?” (He was talking about growth stocks).
I agree 100% I do the same
I agree with your disagreement. Dave maybe smart by he's no Warren Buffet.
@@captaindestruction9332 I agree completely.
Terrible advice. Nothing wrong with dividend investing in stable companies.
It really is terrible advice. You can do both as well, I like a good mix of high growth tech stocks, and high dividend yield stocks. Some dividend funds payout monthly, who wouldn't want natural appreciation, plus bonus monthly income?
@@chimchu3232 yep. I do both myself. I have my dividend stocks and my index funds like VOO lol my goal is to live off my dividends.
SCHD
@@paulharsh78 I have that the dividend was good today
@@paulharsh78 yes I have that one in my M1 finance portfolio
Technically, Investing in a index fund like VOO (1.45%) or SCHD (3.10%) pays dividends as well, which would also be dividend investing. Anything that pays a dividend is dividend investing.
Yes, there are dividend yield focused index funds as well. Dividends are awesome imo
Schd is my retirement.
I have both of those and SCHD shares get increased every year for my investment plan
I own both :)
I own those .
My advice for dividend investors is to save for a bigger investment if you really want to retire off dividends, My major picks are SCHD and VOO and a few more that i can't mention because my FA Dianne Sarah Olson is really strict on discretion, anyway i digress, You can't expect to make a million from a thousand dollar investment that's where most people get it wrong, It's not a lottery!! Make realistic investments!! People say it's good to be greedy while investing..Yes, i agree but there's a difference between being greedy and being delusional haha. For example last year I invested 80k in stocks and made about 246k, but guess what? I put it all back and traded with her again and now I'm rounding up close to a million.
Consistently investing in quality dividend paying companies over the long term is a relatively easy strategy to create generational wealth.
out of curiosity I did read about Dianne Sarah Olson on the web, she has a great resume.
i'm happy there are lots of people doing so well...Love this channel for the transparency
Found her webpage by looking up her name online. She seems very proficient, I'll be writing a mail to her shortly
She really seems to know her stuff. I also found her online page and read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her
Dave's statement that you cannot pull anything out of a Roth IRA without a penalty is not quite correct. You can pull out your contributions at any time with no penalty. You just cannot touch any growth.
I believe he is saying that the dividend is growth and you can't pull that out to use somewhere outside of the Roth.
He was talking about dividends which was the purpose of the call.
Dividends are not contributions and there will be a withdrawal penalty.
Dakota Lynch, I also found that to be easily misunderstood.
No! He was talking about your contributions in a Roth IRA, he specifically said : you cant pull ANYTHING out of a Roth IRA till 59 and a half..... Which is wrong.
*capital gains
The efficiency of this *DaleValskov* is next level. To juggle walk throughs of various angles on the topic delivered to-camera, differnet content per topic from various folks underneath the umbrella of the track list of the larger big band concert itself is engaging and refined. To make a dense taccess like this so digestible is really something. Awesome work jack!!
Another example of Dave is great to help you get out of debt.Investing not so much.We all need to educate ourselves and do what best suite our goals and needs.
Agree.
Guarantee Dave has made much better returns on investments doing exactly what he says he does than you have. UA-cam commenters think they know everything.
@@jordanmadden7388 lmao yes he has made alot of money selling programs and running his business. just not my cup of tea for investing.Are you debt free including your home?I am and I used Daves program to do it.Dont make people your Deity.We all can chose diffrent things.Just not a zealot been debt free for 10 years.
@@jordanmadden7388
Listen to Ben Felix, how he DESTROYS Dave Ramsey’s investing advice regarding Safe Withdrawal Rate.
As Bluecollar said above, Dave gives great advice for the COMMON FOLK regarding general stuff (being debt free, lowering taxes etc). However, he’s NO EXPERT at stock market.
@@bluecollarbullionballer4269guy above is a boomer
We have been on a recession since the beginning of 2022, but big media and governments all over the world didn’t want to admit it. We need to be wise and use our brains. Knowledge is power and I’d like all the family to be powerful! Just purchased some *DaleValskov* Thanks for keeping us informed during this times of doubt?
I heard that had fantastic results! made me a 1,000% return last year!
Engaging with books has significantly elevated my perspective on investing. True wealth isn't built through mere savings; financial freedom stems from strategic investments. I've learned that accumulating wealth hinges on making prudent investment decisions||
Embarking on the investment journey at 40, I envision a triumphant testimony of significant success by the age of 55..
Books have also changed my perspective on investing. Understanding that real wealth is built through strategic investments rather than mere savings is crucial. Working with an adviser has pointed me in the right direction_.
'Nicole Anastasia Plumlee’ maintains an online presence. Just make a simple search for her name online.
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
@@HudsonEthan-00 That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@@GabrielAnthony-09 My advisor is VICTORIA CARMEN SANTAELLA;
You can look her up online
@@HudsonEthan-00 The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?
Adding JEPI and JEPQ are smart additions in my opinion. As for staying committed to higher-risk investments, it's all about balancing your risk tolerance with your long-term goals.
I believe a healthy portfolio has 3 things, at the bare minimum: Exposure to ETFs for increased diversification, Exposure to assets that generate cash flow like dividend stocks, Exposure to market-leading tech.
Despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k, and I've so far made a fortune. I'm now buying real estates, gold and silver as advised by my FA.
I could really use the expertise of this advsors
Her name is ‘Marissa Lynn Babula’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2024 with 10k and I'm up with 128k in a short period of time. This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.
Wow, that's huge. Do you mind sharing how you did it..
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
As a beginner what dolneed to do? How can I invest, on which platform? If you know any please share.
As a beginner investor, it's essential for you to have a mentor to keep you accountable. Myself, I'm guided by AMAILA BUNKER . A widely known crypto consultant
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze the MARKET. AMAILA BUNKER has been very helpful in assisting me with managing my portfolio.
1:44 you can pull the principal investment out of a roth ira penalty and tax free after five years. This effectively makes a Roth IRA an emergency fund that grows tax free.
Optimization of performance is achieved through diversification. Because of this, I have focused my attention on market sectors including stocks, the EV industry, renewable energy, technology, and health that have strong performance and are expected to develop. You'll be astounded by how much may happen in a few short years if you continue to contribute on a regular basis. Here's to $1 million and to FIRE
For the average person, the strategies are challenging. They are primarily carried out successfully by professionals who possess a significant level of expertise and understanding to carry out such tasks.
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
How can I engage in this? I truly want to have a stable financial future and am willing to contribute. Who is fueling your success?
“LAURELYN GROSS POHLMEIER ’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I appreciate the lead. I did some research on her and emailed her. I'm hoping she responds to me quickly.
So I’ve saved up $221k in my emergency fund (yes, really), and now I’m staring down this whole 'dividend investment' rabbit hole. Is this what success looks like? Or should I just put it all on red at the casino? 😂 Looking for a head start here. Thoughts?
Nice stash! Honestly though, dividends are cool if you want steady income, but don't sleep on diversification. Maybe talk to a real investment advisor before diving in? Can’t hurt to have some pro advice to back you up.
Exactly! I’m in the same boat-saved up, ready to invest, but man, finding the right advisor feels like dating. How do you even know where to start?
There are a handful of CFAs. I've experimented with a few over the past years, but I've stuck with ‘' Linda Aretha Reeves” for some years now, and her performance has been consistently impressive. She’s known in her field, look her up.
Just looked her up! Linda Aretha Reeves seems legit! Exactly what I’ve been needing to get my financial journey on track. Thanks for the tip!
Watched Linda Aretha on Bloomberg finance summit 4 years ago and her presentation was terrific!
If you reinvest dividends to acquire more shares that produce more dividends to reinvest, it will compound on itself
That's what I do. invest money and dividend payouts get stacked with the money I put in and I keep buying.
And then you don’t have to sell equity in retirement. You just let the dividend payouts pay the bills. During a recession dividend stock holders living off the income are generally not too affected. Unless they cut the dividend
@@mountainmonkey15 I use ETF rather than individual stocks but I want to build something so when I pass I can give it to my kids.
@@dnah02 You can give any type of stocks to your kids
@@mountainmonkey15 I know but I want to build some my ETFs and if they want they can try out individual stocks. I like the idea of passing on assets.
I like how dividends balloon the longer you invest. My problem, though, is one of capital allocation. I want to invest maybe 70k and then grow that overtime. Any advice on how I could go about?
It's really not that difficult, but if you don't know how it works, it's best to get a financial advisor who could guide you.
I agree. There are pros, and there are non-pros. People who really rip the market are either hedge funds, or individuals who use professional advisors, else you are better off buying index funds. But you could make way much more-- I'm talking 10x more-- if you use a financial advisor.
Wow, that makes sense. Can I ask for a recommendation of a good advisor? I know there can be many out there.
Yes, there are. *Jennifer Leigh Hickman* is the manager I personally work with. Just research her name and you'll find necessary details to set up an appointment.
Thank you for this. I'll send her an email, and I hope I'm able to make something out of it.
There are REITS that pay monthly dividends. I started with those stocks and gave me the motivation to keep going. Seeing money come in monthly is very motivating for me.
Yeah... too bad most REITs have lost like 80% of their price value... which eliminates their dividend value
@@Izael1701 epr has not
@@Izael1701 I don't jump off while the roller coaster is going down. I load up my cash and get ready to buy at a discount.
@@JustAName-it5qp HAHAHA How long you plan on staying on that roller coaster? REITs have been losing their value for YEARS!
@@Izael1701 your statement still won't affect my personal finance decisions, if it's working for me, I ain't changing it.
Dave Ramsey advise on buying real estate and mutual funds are just two ways of many ways that folks can invest, he shouldn't make it sound like these are the only ways to invest just because it's worked out for him. There are many investors out there in this world who have different investment strategies that have done very well for them and they stick with those as well.
This is what has worked for the millionairss he interviewed....he needs to interview a new set of millionaires
@twin cherry He’s from the old school of thought… buy a house as your coffin to die in.
Exactttttly! Kinda like he is also dead set on married couples doing joint accounts only. 🤦🏼♀️ This ain’t 1950 anymore & that strategy isn’t right for EVERYONE. The key is to take your financial advise from multiple sources!
I’m not a financial advisor but personally I recommend ETFs over mutual funds because of the lower fees. Some people have no idea how much they’re getting robbed by these retirement fund companies.
Best answer I've seen so far! If worked for you great, doesn't mean the other strategies are bad (probably didn't even do a research about it). There is a guy called Luiz Barsi who amazingly came out from nothing in a poor country and last year at age 62 is received USD300K A DAY (yes, per day) in dividends, and I'm talking about a guy who was investing in a 3rd world country stock market (much more volatile), and consistently growth his dividend portfolio and passive income every single year. His portfolio worth billions, but he doesn't care because if a single day of dividends he can pay for his entire year of living. Good for him good for Ramsey, I like to understand different points of view, when they respect each others and don't think there is only one way to get there.
I came across your channel through this video-case studies are incredibly valuable, and I'm eager to see more in the future! Building wealth involves establishing routines, like consistently setting aside funds at regular intervals for smart investments.
The strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off
I can only speak from my experience when I advise seeking professional advice. It looks like a smart bet if you don't know where to get an experienced one, but if you don't know anything about the market.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation??
I have a female advisor named Stacy Lynn Staples. I recommend researching her. To be very honest, I'm glad I decided to let someone handle expanding my finances even though I almost didn't think I should.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying it’s ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.
Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge.
It all depends on how long you're willing to hold for, stocks might likely tank further, but making serious gains in this downtrend wouldn't be a problem if you're a pro. Reason I decided to work closely with an brokerage-adviser ever since the market got really tensed and the pressure became so much(I should be retiring in 17months) so I've had an brokerage-adviser guide me through the chaos, its been 9months and counting and I've made approx. 650K net from all of my holdings.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
strong, growing company with low debt, absolutely.
3,300 shares of Realty Income here, will never sell.
What's the monthly income off that holding?
@@bulls-nation5783 Around $740
Savage!
Wow good for you
I think it's important to stick to stocks that are immune to economic policies. AI stocks that have the potential to power and transform future technologies. It seems AI is the trajectory most companies are taking, including even established FAANG companies. Maybe there are other recommendations?
@KarenDuncan-o5s That's a great analogy and I love the insight. Professionals could make a really big difference in investing, and I think everyone should have one. There are aspects of market trends that are difficult for the untrained eyes to see.
@@IngoKociper This sounds considerable! Do you know any advisors I can get on the phone with? I'm in dire need of proper portfolio allocation.
@@HopesKruses The beauty of MARGARET MOLLI ALVEY approach is her dual focus: while aggressively pursuing profit opportunities, she's equally tenacious about shielding investors from potential pitfalls. It's a balance few can achieve.
@@IngoKociper Thank you for this tip. It was easy to find your coach's webpage by looking up her name online, She seems proficient considering her resume.
Hello I wish to start investing but I don't know where to begin, any advice or contact for help?
It is wise to seek professional guidance when building a strong financial portfolio due to its complexity
Talking to expert like Ava Harris to reshape your portfolio is a very smart move
Certainly! I diversified my $35,000 portfolio across different markets.
I made a net profit of around $117k by investing in high dividend yield stocks, ETFs, and equity.
The reality is that you can't do it without a tried and true person like Ava.
The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. $52k dividends received in 2022.
I agree! That's why it is advisable that you have to invest while you still have a regular job or earning a regular income, and do it constantly. You still need to have something that will keep you going even if you're investing. Good financial planning and money allocation is the key.
I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured some money in value stocks and digital asset, i accrued over $80K in dividends last year
@@Johnlarry12 I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you?
I have “Vivian Carol Gioia” as my investment advisor. She has a solid reputation in her field and is a true genius when it comes to diversified portfolios, which help portfolios be less vulnerable to market downturns. She may be a name you are already familiar with; a Newsweek piece helped me to do so.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
When we hit $1 Million last 2 years it felt good but was kind of anti climatic. You still keep working, saving and making good choices in an unstable economic environment. However, despite market gains, our portfolio has seeing great decline. Seeking to improve it and maximize returns.
Everyone should have a safety cushion in their portfolio. While I can’t give specific advice, it’s important to talk to a fiduciary advisor for help with restructuring your portfolio.
De-risk your portfolios, shore up your core holdings, and take some profits while balancing your portfolio allocations. I have been investing for 8 years, 5 with a CFA, I've achieved a 10x return compared to DIY efforts, totaling nearly $2m ROI. My best yet.
Hello, I'm interested in trying this out. Who is your adviser, and how can I reach them?
KATHLEEN CHERYL CONSTANTZ is who I work with. Have worked with her for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Kathleen sure knows her onions in this industry, from her intimidating profile which I went through, on her web home page. I started off last year tailoring a colleague's tradin strategies but it didn't pan out well. Hopeful that Kathleen will attend to my message.
I admire the financial independence of people, But you can live better if you work a little more. After watching this I think there are people out there, on the extreme, who plan to die early just to be able to retire early. To each their own but to me retirement isn't just about not having to work, it's about having the freedom to do whatever you might reasonably want, such as travel, buying things, enjoying life, etc. I don't think I could retire with less than $3m in income-generating investments, maybe $2m at the very minimum. I plan to work until I'm at least 45
Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving
Having an investment adviser is the best way to go about the market right now, especially for near-retirees, I've been in touch with a coach for a while now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I netted over $220K during this dip, that made it clear there's more to the market that we avg joes don't know
Who’s the person guiding you
credits to *MARTHA ALONSO HARA* , one of the best portfolio managers out there. she's well known, you should look her up
I just checked her out and I have sent her an email. I hope she gets back to me soon.
I started investing in dividends with my taxable account. I used the buy and hold strategy in my Roth, adding some Berkshire B stock, SCHD, and an S&P 500 and total market exchange-traded fund.
When I started investing last year, I avoided significant mistakes. I've focused on investing modest sums in stable businesses for the long term. If stocks perform well, I hold onto them; otherwise, I reinvest losses into profits. Recently, I made $9.5k from a $4k investment in NVIDIA.
Exactly, a good number of people discredit the effectiveness of financial advisor, but over the past 10years, I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure and that's fine by me.
Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch if you don't mind
Sonya lee Mitchell 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.
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 caII.
Given the current volatility in the stock market, I believe investors should divert their attention to lesser-known stocks. With 35% of my $270k portfolio invested in stocks that have sharply declined from their previously high status, I find myself at a loss on how to proceed, feeling overwhelmed by the situation.
I think a good investment portfolio should have three basic things: ETFs for diversification, dividend stocks for cash flow, and leading tech stocks. With your budget, it's a good idea to talk to a fiduciary financial advisor for expert advice.
I totally agree with you. I started out investing on my own too and lost quite a bit. After the 2020 crash, I managed to pull out about $160k. I then invested that money with an analyst, and in just seven months, I made almost $580,000. It's amazing how having the right guidance can turn things around!
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
"SHERRY DAWN CARRICO" a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
The blanket statement that you cannot pull any money out before 59.5 without taxes and penalties is simply incorrect. Please make sure you ask a tax professional.
Roth IRA is complicated and there may be a way for younger people to pull out some contributions but not earnings without having to pay if certain condition is met---having had the Roth IRA for a long time? Documentation?
but easier to draw on the Roth IRA worry free if you are older
I think Dave used a general statement, exceptions aside. As a general rule it is 59.5 and I think for the caller that is sufficient information.
Since April 2020, I invested in dividend stocks like OKE , PM , BTI, PBA , IRM, MO and few more .... I am very happy and its a passive income .
Acquiring stocks could appear simple, but choosing the right stock without a tested plan can be very difficult. My main barrier to growing my $210K portfolio, which I've been working on for a while, is the absence of well-defined entry and exit plans. Any guidance on this would be highly valued.
Personally, I would say have a mentor. Not sure where you will get an experienced one, but if your knowledge of the market is limited, it seems like a good bet.
impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now
impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now
“Aileen Gertrude Tippy can't divulge much. Most likely, the internet should have her basic info, you can research if you like.
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless. .
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
'Laurelyn Gross Pohlmeier' a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
They absolutely are!! Own them stocks and get income from it without breaking a sweat?? That sounds amazing!!
They can be. Some dividend stocks obviously end up going under. However, long-term, blue-chip players like Johnson & Johnson, Air Products & Chemicals, Philip Morris, Realty Income, etc. can really add up if you're patient with them. I use them as "cherries on top," while putting most of my investment money into a few "bedrock" index funds across my accounts and holding some precious metals on the side.
I’ve got $60,000 to invest, and I’m looking to build a nest egg for my later years. I’m considering putting all of it into a long-term ETF and just letting it sit for 20-30 years instead of dollar-cost averaging (DCA) with smaller monthly contributions.
You’ve got the right idea with the “time in the market beats timing the market” approach. However, I’d strongly recommend consulting a licensed financial advisor to tailor a strategy that fits your risk tolerance and goals. They can help you balance high-risk and low-risk investments in your portfolio.
Honestly, I’m leaning toward having an advisor manage my investments because my job keeps me too busy to analyze stocks myself. My current advisor has done an amazing job-my portfolio has tripled in 5 months and is now close to $1 million.
That’s incredible! Would you mind sharing your advisor’s details? I’m in desperate need of proper asset allocation, especially for dividend-paying stocks in 2025.
I've stuck with "Peter Dewitt Martin" since the covid-crash of 2020, and her performance has been impressive to date. he's quite renowned in his field with over 10 years of experience, with his free consultations, i say its a sure yes.
I just looked him up and found his website. It’s packed with useful information, and his credentials are impressive. Thanks for the recommendation!
I feel that the last bull run was bolstered by all the money being printed. Major returns next bull run but I think they will be tamer in my humble opinion. A 10x on *DaleValskov* and a 15x on polygon are fair considering how much those two coins are interwov
Harry Balzack is better advisor. Take a knee to sweat equity
Saying you cannot take money from your Roth until you are 59 and 1/2 is wrong. Your contributions can be taken out at any age with zero penalty. The growth is what you cannot take out until you are 59.1/2 or you will get penalized.
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
My CFA, Stacy Lynn Staples a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
I've been working hard to save money and contribute to early retirement and financial independence, but the economy has destroyed the majority of my portfolio since the pandemic. I want to know if I should continue to make contributions to my portfolio in these erratic markets or if I should look into other industries.
Invest for as long as you can in the S&P 500 ETF. As much as you can, do it. Let compounding do its thing and try not to take this money out. Put patience and a long-term outlook first. Most essential, take financial advice into account to make well-informed purchasing and selling decisions.
Most people minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
You appear to know the market better than we do, so that makes great sense. Who is the coach?
"Laurelyn Gross Pohlmeier," a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.
She appears to be well-educated and well-read. I ran an onlline search on her name and came across her webslte; thank you for sharing. I sccheduled a caII.
If I want to get out of debt, I'll listen to Dave. If I want to invest, I'll listen to Warren.
came back to this video just to say im glad you said this because i found a video of warren talking about dividends and was kind of discouraged by this video, cheers
Dave does nt have clue about advising on investment and taxation. His business his mostly successful because of a lucky smart hire.
100%
*DaleValskov* has the most potential to do more than X10. ETH and BTC will most likely do a X5-X6, but that's fine for me. Gotta look for better entry points while I stake IRIS and PGEN, then wait for Polygen's next raise as I also look at their new partnership with Kenzo Ventures
As an lnvestment enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.
The current state of the market may bring opportunities to increase profits quickly, but professional assistance is required in order to put such a plan into action.
Many people minimise the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm solvent. I looked for licenced advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Rachel Sarah Parrish is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
She appears to be very knowledgeable. I found her webpage and read through her resume, educational background, and qualifications, which were all very impressive. I have sent her an email detailing my financial goals.
1:49 it’s important to note that your contributions can always be taken out before 59.5. without a penalty, just not your gains.
My dad set up a college fund portfolio with dividend stocks. I didn't use it and it now gives me a passive income. I still pay income taxes but they are small compared my regular income. It not a bad idea but I would diversify as much as you can.
If you have 80 Quality stocks hard for you to lose your money
"You don't need passive income" Oh okay... guess I'm just an idiot then.
Dave is uber rich worth $200 million and went BK before he got lucky and super rich.
passive income is not a baby step; thus it has to be a bad idea.
@@GuitarsAndSynths He didn't get lucky. He grew his business from a card table in the living room. Are you saying anyone who makes money is just lucky?
@@jimroscovius people in these comments are always so jealous
@@annasimons389 Agreed!! They're jealous that Dave grew his business from nothing, when they want instant gratification. Slow and steady wins the race.
Smart, responsible, and disciplined dividend investing is fantastic. That is what my wife and I do, and it has been one of the best financial decisions we have ever made.
Dave is infallible and His way was crafted after that of God and Grandma.
Would you mind sharing your Dividend investing? Thank you
@@diane261 Well-run oil and gas midstream companies are fantastic for dividend income. WMB and ENB are great examples. Limited partnerships (MLPs) can be even better, but you should never invest in these until you've researched the tax issues associated with them. MLPs are taxed entirely differently from normal stocks, and this can cause problems for people who don't understand that before they buy.
@@altratronic thank you so much for replying
@@ianklein3045 LOL
I just initiated my investment journey, planning to put in at least $80k into dividend stocks. I am project a 30% per year on dividend returns. I seek advice.
JEPI and JEPQ are smart addition to your portfolio in my opinion. As for staying committed to high risk investment, it's all about balancing your risk with your long term goals.
The market is not necessarily a rollercoaster if you know your way around it. There are many opportunities in the market today to accrue profit. If your not too conversant with the market, just buy and hold good companies with good earnings, or better still consult the expertise of a financial expert on ETFs and actively managed funds. It actually worked for me. I have made over 40% capital growth excluding dividend.
Consulting the right advisor is challenging, I have been on it for sometime now. I cannot seem to get a reliable one, or maybe I am not looking in the right places. Please who is guiding you? I would really use a good recommendation at this point.
I am working with Jason Herman Pierce. He is a CFA. His cutting edge financial strategies is top notch. You will appreciate his ability to identify and mitigate potential risk to your finances as he works in accordance to your risk tolerance. You should give him a try.
How do reach out to him please??
Hi mate so excited today just reached my goal of 400k since June2024 to Jan 2025 l thank GOD for the life and wisdom shared.
How did you manage to achieve that level of growth? I've been trying everything I can to improve my investments, l want to retire in a few years and I need a better diversification
Mrs Katherine Maier trading is the best way of making money in the market due to lack of experience which resulted in loosing funds. But mrs Katherine Maier, restored hope his a good woman
The first time we had tried, we invested €14,000 and after a week we received €50,230. That really helped us a lot to pay our bills.
I'm new at this, please how can I reach her?
she's mostly on Instagrams, using the user name
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.
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.
I agree. Based on personal experience working with an investment advisor, I currently have $1m in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
thats really massive!How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Melissa Maureen Ward’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call.
I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant
I started working with Alex back in February, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
@AlexRcoin THAT IS THE USER NAME
THAT IS HIS USER NAME
It's amazing that you got to know Alex. He has been a blessing to me and my family.
Absolutely, allowed me to retire 2.5 years ago.
Tech stocks rarely pay dividends, with the exception of Apple.
@@MrMustangrick Tencent, Microsoft, Nintendo, Sony all pay dividends and are tech companies.
Ibm pays dividends and has a pretty nice yield right now
Personally I think anything that increases your income is a great thing. Also imo its great to have extra income sooner so you can enjoy yourself now. Dave seems deadset on just retirement, I want that AND more income NOW.
Thanks I was thinking about that . I’m in my 30s and don’t make a lot but have a lot cash and would like to start making generating income from besides my job .
Exactly. you should not have to have one foot in the grave before you're able to start enjoying life.
Peter Schiff had a nice point on that....and it's a big mood too. I prefer a higher level of savings rate, but I have felt deprived lately so I've switched to dividend etfs and short term treasuries (cause they pay a fat 5% right now), and I've decided that instead of DRIP, I'm going to YOLO my dividends to psychologically keep me motivated, even when my portfolio is going sideways or dropping in value.
To me (not retired) it seems that it's really important to make sure you have enough for retirement otherwise your life in retirement can really suck.
But I think if you are on track to overshoot your retirement, then it makes sense to invest in more dividend stocks so you can enjoy life in the present.
But to do that possibly at the expense of a secure retirement would be a bad idea, I imagine
@@thecurrentmomentim all for having enough for retirement, Max out IRA and put back maybe a little more etc. My main issue is this tightwad dont even think about investment outside of retirement idea Dave pushes.
Like theres nothing wrong with putting 5-10 thousand a year towards dividend stocks and reaping the benefits now. Could even help more at retirement as youll have hundreds of thousands in dividend paying stocks which in turn increases your disposable income.
Investing in stocks is planting a tree for your future; with patience, it will bear fruit."
Absolutely Just like a tree, investments need time and care to reach their full potential.
Working with a financial adviser helped me develop a tailored investment strategy, leading to significant growth in my portfolio.
I'd love to be introduced to a trustworthy adviser who can help me develop a personalized investment strategy.
I completely agree! Nicole Anastasia Plumlee is the licensed advisor I trust. Just look up her name, and you’ll find the details to set up an appointment.
Thank you for this amazing tip. I just looked the name up and wrote her.
"Don't need to get fancy" is especially what I heard at the end. Start with, then master, what you know first. Good question and super helpful answer!
Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024?
I'd avoid the index funds, mutual funds, or specific stocks for the time being. The 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows sign of recovery.
This is why I entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far
impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now
Her name is 'Amy Desiree Irish’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Dividends from the stock market encouraged me to begin investing. What matters, in my opinion, is that if you invest and make additional money in addition to dividends, you will be able to live off of dividends without selling. It implies that you can provide that benefit for your children, giving them a head start in life. I've invested more than $600K in dividend stocks throughout the years; I'm currently buying more today and will continue to do so until the price falls even further.
Hearing from an experienced investor who has survived the crisis and prospered is always comforting. It could be worrisome when your portfolio goes from green to red, but if you have invested in strong firms, you should just keep growing them and stick to your goal.
I wholeheartedly concur, which is why I appreciate giving an investment coach the power of decision-making. Given their specialized expertise and education, as well as the fact that each and every one of their skills is centered on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it is practically impossible for them to underperform. I have made over 1.5 million dollars working with an investment coach for more than two years.
I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look her up and send her a message. You've truly motivated me. God's blessings on you
@@VickyAlvy scmmer
@BrownPrime SCAMMER
Solid option is investing into heavy growth (50%) and slowly move it into dividend ETFs over time. If you have 30+ years to invest you want to grow the nest egg and then even moving a portion into a dividend like SCHD to create a quarterly paycheck while leaving the rest in growth/index funds. Get the best of both worlds with a solid plan.
Dividends can end or get lowered, and some companies can fail no matter how long they've been around. I think only a small percentage of investing should be in high yield dividend companies.
Att good example they cut there dividend I half after over 30 years paying and increasing dividends
I have owned oil/gas and dividend achiever stocks since the 80s in high school with over $9k/mo. reinvested dividends currently in my retirement account with 60% invested..
Owned dividend paying REITs since the 90s.
Most I have bought when single digits.
I never had debt other than nine year mortgage though.
Had one or two stop dividend payout but it was understood then they restarted the stock a few years later but value still increase.
Had one REIT cut their monthly dividend in half two years ago but was understood and it was $600/mo. instead of $1200/mo..
Some non dividend stocks I have owned for years just started paying dividends the past few years like Apple.
Don't have to be high yield. Don't need to chase yields.
Just steady dividend payout automatically reinvesting monthly and quarterly.
Do due diligence and know what you are investing into.
All I know is if it wasn't for owning dividend paying stocks in my 401k automatically reinvesting,dividend increases,and stock/company splits through the years it would not have crossed 1.5 million in 2019 with total contribution of $320k.
I can tap into up to $8k/mo. dividends in my Roth and about $4k/mo.with pretax.
Currently tapping $40k/yr.. income from qualified dividends to supplement retirement income..
That’s why you buy dividend stocks that have a reputation for never cutting dividends. Like Coca Cola.
And thats why you diversify so that if one gets cut then it's not as impactful
@@suttsd
Yup.
Even when my dividends were cut I was still already up over at least 200% on the growth of the stock price.
But it seems many focus more negatives and hearsay instead of doing the due diligence and math.
Yes, dividend investing is a good idea. Living off of dividends is better than withdrawing 4-8% of your holdings each year hoping they don’t crash.
And nothing wrong with dividend investments.
Dividends are a great thing, but they’re only really effective for passive income when you either have somewheres over 20 to 25 thousand shares of a high yielding stock. Meaning you likely need to have a few hundred thousand if not more invested in it. Re-investing dividends back into the same stock certainly does snowball with compound interest, but you only really start seeing it after 20 years of never stopping and likely needing to add additional money of your own with it….so it’ll be time consuming and costly. The way I see it if you have a million dollars at some point, that’d be enough to create a portfolio that would pay you between 50 to 70 thousand in dividend income
Warren Buffett suggests that dividends are only beneficial when a company can't effectively reinvest the capital for growth. Investing in dividend-paying stocks may be more suitable for those seeking stable returns from established businesses rather than aiming for portfolio growth.
It's not difficult, but you have to learn and handle. Another thing is that if you can't manage your home, maybe you shouldn't invest on your own. If so, you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows, rather than betting on penny stocks.
Market's inconstancy is one of the reasons I have my daily investment decisions guided by F/A, as their skill set is built around going long and also shorting the market to maximize returns, both employing profit-oriented strategy and laying off risk as a hedge against inevitable downtrends, and when combined with exclusive analysis, it's nearly impossible not to outperform. Since the 2020 pandemic, I've made more than $1.6 million after subsequent investments thus far.
@@mikegarvey17 Would you kindly suggest a professional with a range of investing options? This is quite unusual, and I look forward to hearing from you
This is useful information; I copied her full name and pasted it into my browser; her website popped up immediately and her qualifications are excellent; thanks for sharing.
Absolutely! 💯
Most of my passive income comes from dividends and I plan on continuing to live off that once I'm either retired or God-forbid unable to work
What distinguishes the best investors from others? I have $385K in equity from selling a house, and I'm uncertain whether to invest it in stocks now or wait for better market conditions.
The current market might give opportunities to maximize profi.t, but in order to execute such effective transactions, you must be a skilled practitioner
I agree. Exactly why I now work with one. A lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
"Laurelyn Gross Pohlmeier," a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.
She appears to be well-educated and well-read. I ran an onlline search on her name and came across her webslte; thank you for sharing. I sccheduled a caII..
Curious about top investors' millionaire-making strategies, I'm eager to grow my $295,000 nest egg. Investing in stocks could provide attractive returns through capital appreciation and dividend yields. But timing is crucial - should I invest now or wait for improved market conditions?
You're correct. I think the smartest way to go is to spread out your investments. By putting your money into different asset classes like bonds, real estate, and stocks from other countries, you can lower the risk if one part of the market goes bad.
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $235k to $690k despite inflation.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Actually its a Lady. Yes my go to person is a ‘LAURELYN GROSS POHLMEIER '. So easy and compassionate Lady. You should take a look at her work.
She appears to be well-educated and well-read. I ran an onlline search on her name and came across her webslte; thank you for sharing. I sccheduled a caII.
I believe in Dividend stocks. I am 54 and have $2000 a month in passive dividend funds that I reinvest every month or quarter. Those dividends just keep adding up. The tax on Capital gains is nothing if you make under 89000 for a married couple.
GM cut their dividend in 2019. Tobacco and health care stocks have enormous dividends right now. Same with oil stocks
Yes but not tell Dave that, not that he would listen.
My grandpa makes millions every year from deviden only. He invested in stocks since he is 30's, he told me that he kept reinvested the deviden he received plus portion of his wages for 20 years,and it snowballed . In my country there is no such things as pension funds .
he makes millions from just dividend payouts? so he must have billions in the stocks ?
Lol....is ur last name Buffet or Munger?
@@jackmack276 just thinking out loud - maybe he means pesos or another currency ?
@@drewseaver4531 20 million in invested could earn you almost two million a year (10%).
@@drewseaver4531
It's because of compound interest and the increasing amount of shares from the dividends reinvested. Once your portfolio reaches 100k it will take you less and less time to make an extra 100k each year it's really cool
I recommend diversifying your investments by considering stocks alongside real estate. During a recession, there are potential buying opportunities in the stock market if approached cautiously. Additionally, market volatility can offer short-term buying and selling opportunities. However, please note that this is not financial advice. It's important to be proactive in investing as cash may not be the most advantageous option during these
You’re right! 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.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
NICOLE DESIREE SIMON is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her
One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $30k of my savings in stocks this year, and I hope I make profits.
You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
@@ReginaldsKeiths That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.
*MONICA AYAKO VOS* is the licensed advisor I use. can't divulge much. Most likely, the internet should have her basic info, you can research if you like.
I actually really like my dividend investment. It’s my inheritance from my grandfather who worked at a major company and it’s maybe 1/3 of my net worth but it’s keeping my finances strong through this recession
Creates generational wealth. Plus it come with a stepped up cost basis upon death.
You’re grandfather was a good man.
My investment journey is just getting started, and I intend to invest $150K in dividend companies in order to earn up to 30% in dividend yields annually. Do you have any advice?
I believe that adding JEPI and JEPQ is a wise move. Maintaining a commitment to riskier assets requires striking a balance between your long-term objectives and your risk tolerance.
At the very least, I think a good portfolio should include three things: exposure to market-leading technology, securities that produce cash flow, and exchange-traded funds (ETFs) for greater diversification.
I've made a fortune so far, despite my inexperience with investing. My financial advisor completed the task in a little over six months after receiving a $700K lump money. Following my FA's advice, I'm now purchasing gold, silver, and real estate.
Hey, I'm trying to find a certified one to boost my investments/portfolio, but it's tough online. Can I get a rec from you, since you know about this stuff?
She goes by ''Amber Michelle Smith'' a renowned figure in the financial industry with over two decades of experience. I'd suggest you research her further on the web.
Is S&P 500 a good stock to start on? Or should someone start on popular stocks such as APLE, or SBUX. I want to invest around $200K from my cash savings
A long-term approach can definitely help with navigating market volatility. Set Clear Goals, Focus on Quality Investments,Stay Patient and Avoid Emotional Reactions, and Work with a Financial Advisor
Yes. It is very easy to buy in on trending stocks but the problem is knowing when to sell or hold, which is why a coach is important. I've been in touch with one for about a year now and although I was initially skeptical about it, I will say I've made more progress within a year generating 6figure profit
I'm seeking guidance. could you refer me to your advisor
Yeah, she is Victoria Louisa Saylor , look her up. Anyone is free to contact her.
You can do both. It’s nice to see that monthly or quarterly dividend come in. Also helps to reinvest it for growth overtime.
They are both trying to make you work until you’re at least 60. If you can cover your expenses with passive income, then do that!
I have a different approach. I'm 29, but I am using the dividends as a second account to grow and snowball until I am 65. I can then put all my contributions towards growth stocks and not have to ever contribute to my dividend account again and just let that account compound for 36 years. If I have a bad year where I cannot contribute to what I like, I still have my dividend portfolio growing without having to contribute to it. You can pull your contributions out of your ROTH tax and penalty free but should only be done for something that exceeds your returns such as starting a business.
Same age as you and I’ve been doing that as well. I’m trying to grow a monster dividend portfolio that pays me between 7k-10k a month. I’ll use that (as well as my full time job) to max out my Roth and then allow that to snowball.
Right when he came out with GM as the example of a "blue chip" dividend company I knew this was going south.
JNJ, PEP, MCD
Ramsey should have mentioned that you can make up to roughly 80k/year in dividends as a married couple TAX FREE!!!
What? How?
unless your dividends are in a ROTH account.. the dividend income is NOT tax free on any other account!
Correct. Qualified dividends in the U.S.
ZIM
@@polster2 long term capital gains on qualified dividends are indeed tax free up to 80K for a married couple.
Where can you find examples of the stocks to buy?
Here on UA-cam. Just search for "dividend stock investing". All kinds of channels talk about it.
A very popular one is SCHD. It is an ETF made up of S&P500 companies that pay a dividend.
O (Realty Income Corporation) is very popular, and pays each month.
Sorry Dave but im not waiting until I'm old to be rich
You could make a plan to be secure, like Dave says, and do more, at greater risk to get the lake house and the Lamborghini.
@Music Pro, exactly! Once old, one can barely enjoy one's wealth. You're basically living and working to make your descendants wealthy. I don't know why Dave does not understand this.
@@mikepaulus4766 that's the problem dave doesn't really say that. He just wants to you invest in mutual funds or real State and thats good but don't stop other people from doing other plans that can make them millions in a shorter time for example investing in single stocks that are good
If you can become rich when you're young, go ahead, that's great! But most people don't have the skills or connections to make enough income to become rich before 40, so their only realistic option is to invest their way into becoming rich in their 50s or 60s.
@@otrebla8944 You younger guys are in for a surprise. You get old fast. In the blink of an eye. This idea that you can't do anything when you're older is funny. To retired folks who are in better shape than the twenty somethings talking about health.
Take it from a man in his 40s.
I am stronger, leaner and in better shape now. Then I was in my late 20's early 30's.
Eat healthy. Force yourself to invest until it becomes uncomfortable to live. When you're entering your 50's. You will thank yourself.
You can easily invest in a blue chip mutual fund or index fund, spread out the risk and still get the dividend payments ... you will get a smaller share then if you owned each stock directly, but you can still do this.