Dividend growth portfolio: Review my pie 59
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- Опубліковано 1 жов 2024
- Dividend growth portfolio: Review my pie 59
**I had to trim out the funny clip from this video because someone falsely claimed the clip. Instead of having the video be demonetized, I just trimmed it out.**
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03:45 - (0) Question from Homer 53 years old
08:46 - (1) Portfolio from Brendan 35 years old
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14:25 - (2) Portfolio from Juan 52 years old
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23:05 - (3) Portfolio from Randy 60 years old
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***I had to trim out the funny clip from this video because someone falsely claimed the clip. Instead of having the video be demonetized, I just trimmed it out.***
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Hi Jake,
The US impose a withholding tax of 30% to foreign investors like Brendan.
You did not have to pay the 30% of withholding tax because you are American, even if you go to live to another country.
In order to obtain a reduced tax of 15% Brendan should look if his country of residence has an agreement with the US to reduce the tax, it is called W-8BEN form.
It is what I had to do in order to reduce the brutal 30% tax to 15% tax on dividends.
If you have any other question about taxes... hier ist eine Buchhalterin.
MfG aus Deutschland!
@@evasanz3466 good to know. I thought Brendan was an American living abroad like I was and didn’t have to pay any tax. If he’s not a resident, then ya he will need to go the route you mentioned. It can be confusing for sure!
Question.... Im getting ready to retire... if the market crashes while in retirement... like a 50% crash... would a jepi or schd make it thru it? I get my capital would be down.... but can those types of stocks handle that type of crash?
I believe your interpretation of NEOS return of capital is not accurate. They are not returning principle which is bad return of capital. I suggest you watch a fellow UA-camr Armchair Income who interviewed NEOS fund manager 7 months ago on this very subject. It may change your opinion. Thanks for your content.
It’s tough for me to tell for sure that’s why I’m on the sidelines. One to keep an eye on. There is potential
He is incorrect but that’s okay. Also just looked and love this armchair guy. I wish I had that life
“Hi, my name is Juan☝️ son of two✌️”😂
Lolol
If you’re thinking QQQ, why not QQQM to save the 5 points?
Yup! Only reason I see to hold QQQ is if you sell covered calls
I really appreciate your videos and glad I found them. I just sold out of my growth stocks and put my Roth IRA into the 4 ETFs, SCHD, DGRO at 40% each, and 10% each of VIG and DGRW. I did the core/satellite approach for my 401K as well. I want to retire in 10-15 years and I think it's the best plan!
Jaunthor
Lol
Dumb question here but hopefully anyone can guide me: I am new to the channel in fact I am new on investing. I am 32 years old and plan to retire at the age of 60 years old. If you were gonna start from zero mow, what would you suggest to start with: growth / dividend investments and then switch to income based investments (like JEPI / JEPQ) near to retirement? Or is a good idea to start since the beginning with some exposure to high income ETFs?
Thank you
Juan is currently investing $4.50 per month in each of his 65 companies. Hard to move the needle at those amounts. The 60 year old would be better served going 50/50 stocks and bonds (can get almost the same rate in a 2 year treasury as the HYSA and Money Market).
Good point! yeah I can understand the appeal but when you look at it from this lens... it really doesn't make a lot of sense.
Why don’t you ever talk about DRIP either the dividend and its potential? Or do you have a video on that akread6?
Educational and entertaining!!! LOVE those clips 😂😂😂
lol thanks for watching :)
For Brendan, I hope you read this comment if you are not American.
Can you fill in the W-8BEN form?
Some countries have agreements with the US to reduce the withholding tax of 30% on dividends.
You have to discover if the country you are living in has this agreement.
Good luck!
Exactly!! Thanks for sharing that, Eva!
I originally started positions in SCHD and VYM a few years back. I wish I would have gone with DGRO rather than VYM, knowing what I know now. I’m highly considering selling out of VYM and starting a position in DGRO but it’s hard to give up the growth that has come with my VYM position over those last few years. Not sure it makes sense to just start my position in DGRO, dollar cost average in to it and let my VYM sit. It doesn’t make sense to have SCHD, VYM and DGRO and equally buy in to all 3 each paycheck. I don’t like having positions that I’m not continuing to buy each week. I’ve been sitting on this issue for too long though. I need to figure out what direction I want to go and just do it. 😩
Yeah I think most people can relate to that situation. Definitely don’t forget about the tax implication of selling. I really like VYM as well nothing wrong with having VYM as a satellite position and now focusing on a new etf like DGRO.
Juan is da man 😂
yes!!
Yes, there's a 30% withholding tax for non-US people. So if Brendan isn't American, there's a 30% tax. If his jurisdiction also has a passive income tax there's an offset...
But if he's American, he shouldn't have to pay the 30% wt.
Makes sense! Would completely depend on that then.
🫡👉👍👍
hey there!!
Have a great week Jake! Cheers to Juan 🤙🏽🇵🇷..
lol cheers to Juan!! Thanks for stopping by!!
Pretty sure I heard Jake LITERALLY slap his knee at 26:36 lol
Lolol
Engineer is winning maybe take advantage of the 5 percent and when rates start getting cut he could put more into voo
Yeah anyone who is sitting on cash right now is doing so well. Its hard to argue with a free 5% return (in the short term).
3M to cut its dividend?
They are spinning off a portion of their business which will lead to a dividend cut.
The juan bit had me dying 😂
lol omg
That’s the funniest thing he’s ever shared.
@@michaelswami lol :)
Hi
faster than me! Hey there!
i really like covered call etfs, i am 24 years old, would you recommend having a balance of covered call etf and growth etfs?
The 5% HYSA are getting eaten into with inflation and you’re paying income rates in taxes. SCHD is paying “only” 3.5%. But it’s growing and you pay qualified cap gains. I’d say that’s a much better preservation of wealth.
Exactly!!
5% at a 37% tax rate is 3.15%,
3.5% at 20% rate is 2.8%. The savings account wins (for the time being, but interest rates will probably fall).
@@michaelswami when you factor in inflation eroding away the principal value of 1 and growth in the principal of the other it’s a wash at best with historically high interest rates that won’t last long. Preservation of wealth is something you should plan long term for, not short term.
@@AJGiliberti2 I don’t know how long you’ve lived but these are nowhere near historically high interest rates. Indeed, they’re below average. The reported figures (and I have my doubts about their accuracy) of inflation, on the other hand, are historically high. And I don’t disagree with your comment about long term planning for preservation of wealth. Personally, I have an emergency fund only in HYSA and everything else in dividend ETFs and stocks. About 95/5 allocation. The submitters pie suggests to me he is ultra market risk averse, to his detriment. My point is that the MM and HYSA is presently not a negative relative to SCHDs yield.
@@michaelswami other than a very brief period when online only accounts like ING Direct started, you’d be going back nearly 40 years to see rates this high. Yes, they were higher in the early 80s, but this is as good as you’re getting over the last few decades and with our monetary policy, I’m not banking on it getting into the 8s anytime soon. I also have plenty in cash but that part of my portfolio is to cover expenses in case needed, not that I view the 5% as growth of my wealth. Even if interest rates were back to near 0% you should have cash on hand.
I’m never the first. Haha hello Jake!
faster than me! Hey there!!
I'm to quick 😁🤣 not good in some parts of life though
Yeah. I saw after I posted that you posted 3 seconds before me. I never comment on videos. Might be the first time actually.
I use Yieldmax and Defiant funds to fund my retirement income and also have a gov pension.
God damn 🤣🤣🤣🤣 where u get those videos
lolol
I do not hear many people talk about yield on cost
Great insights Jake
Thank you for taking the time to watch and comment!
Second!
Hey Ethan!!
Great video
Glad you enjoyed it
PTY is a CEF.
thank you! I haven't looked into it yet. I'll check it out.
Not first!!! 🎉
lol nope! Happy Sunday!