How Much $ Invested To Live Off Dividends
Вставка
- Опубліковано 6 гру 2020
- How much money you need invested to live off dividends and passive income.
► My Stock Portfolio + Stock Tracker: / andreijikh
► Get 4 FREE Stocks on WeBull (Deposit $100 and get 2 stocks valued up to $1600): act.webull.com/kol-us/share.h...
► Get up to a $250 in Digital Currency: blockfi.com/andrei
► ROBINHOOD (Get 1 Stock When You Sign Up): robinhood.c3me6x.net/c/198055...
► Open A Roth IRA: m1finance.8bxp97.net/c/198055...
► How I Store My Digital Currency: shop.ledger.com/pages/ledger-...
► FREE Discord: / discord
► Follow Me On Instagram: / andreijikh
Let's talk about how much money you need invested to live off dividends and generate enough passive income. Investing in the stock market doesn't have to be difficult, in fact, it's really simple! In order to understand the answer to that question, I'll start the video by showing you how much dividends I made last month in November.
Last month I made $26,168 with my dividend portfolio. That’s an insane amount of money. People talk about compound interest, where eventually your money makes you money, and then that money makes money and so on and so forth. This is a perfect example of that happening in real time. At some point, your stocks will reach a level where the compound interest and the growth on it per month is going to be more money than you can earn working a 9 to 5 job. That’s the goal. In addition to that, I made $743.57 in dividend income, and an effective $933 in dividend raises as well. So here’s the breakdown for that.
#1: $743.57 for the month of November in dividend income. But what’s interesting is if I compare that to my last year’s income in November, I only earned $409.58, that represents a growth of 81.5% from last year's November. I’ve consistently made more by just reinvesting my dividends and buying more stocks.
#2 On top of the dividend income, the second source is from dividend increases. This happens when a company takes the profit it’s made and instead of reinvesting back into their own company to make more products, they give us a pay raise. This doesn’t always happen, but I try to find companies that follow that trend. There is a downside to this. #1 I pay more in taxes because dividend income is taxed, even if I reinvest it automatically. The second downside is that the stock usually drops by exactly the same amount as the paid out dividend per share. I received $37 per year extra this month which is roughly the same as investing $933 at 4%.
If you add up my dividend increases which is an effective $933, plus my dividend income which was $743.57 that equals $1676.57. Not bad for a month’s work of doing nothing. But wait, there’s more. On top of my dividend income, I earned interest on digital currencies and this past month I made .04 BTC ($770) which is roughly $770 bringing the actual monthly passive income total to $2446 but unfortunately it’s not dividend related, and it’s not FDIC or SIPC insured so it's a higher risk than my dividend income.
Back to the original question of how much money you need to retire with dividends. To answer that question you first have to figure out what you’re comfortable with living on in terms of an income. For most people, $40,000 to $50,000 can afford them to live virtually anywhere in the world especially with something called geographical arbitrage which is where you go to a different country where the purchasing power of the dollar affords you more stuff. Like for example my city of Astrakhan, which is where I was originally born, where the average monthly net income after taxes is $249 - that’s per month - that equals $3,000 per year. Using what you’ve learned know that in order to make $3k at 4%, you need $75,000.
The reason I love dividend investing is because I can plan for my future by calculating my cash flow vs my debt rather than trying to time selling my stocks in a perfect economy. So the final answer as to how much money you need invested to live off dividends is your yearly desired income divided by a dividend yield that you are comfortable investing in. Using the standard 4%, most people need roughly 1 million dollars invested in dividend stocks to be able to live off of the passive income. If I wanted to make $100,000 a year, that would be 2.5 million. That’s really my ultimate goal. I’d love to hear yours!
*None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
I received my first dividend in the amount of $1.71. I’m ready to retire
I made a good $0.10
how much did you invest?
🤣🤣👍🏼
In Mexico! 😎
hahaaa same dude
Me chilling with my 23 cents of dividend payments this month
Want to edit this to say I made an additional 1 cent today.
I relate
Also can relate
me too
Most people have $0
still 23 cents you did not previously have
short answer: 1 mil portfolio for 40 k a year dividend income
Funny I can get 10 percent apr intrest on usdc
And then lose much more through the underlying stocks losing value and lowering dividend - like happened to a lot of companies during the pandemic.
You could invest in tesla, Nio or bitcoin and 10x your money in 10 years. Real-estate while you wait. Then dividend to retire.
yeah that's basically it. Add a bit more so you're safe when there's a weak dividend year, then you're good.
For trading in cryptocurrency
this videos audio is so ridiculously crispy
Damn, what’s up mediocre tutorials I didn’t know you were into investing.
It’s time to get active 😂
Dont worry MTR, already scoped out the spot. No hood boogers here. Carry on.
I prefer crunchy
Mtr in the building!
As a real estate investor that makes over $3000 passive income per month, on top of the mortgages being paid for, just from spending $180,000 into the properties… Yes, please keep paying dividends!! Lol. Less competition for me :-)
40 to 50k to live virtually anywhere in the world very comfortably.
*Laughs in Californian*
@Andrei Jikh I think you replied to the wrong person.
@@SmallGuyonTop it's a bot. I'm like 99.7% sure. :)
@@BrianUtne im 100% sure
@@sleepy1111 whoa, notice his name changed to "the stockwatch"?! Lol
Someone doesn't know what the word "virtually" means.
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $260K for sometime now, my major challenge is not knowing the best entry and exit strategies... I would greatly appreciate any suggestions.
the most shocking thing about this video is that your rent is only $700 😳
my mortgage is only 900..
definitely not in Los Angeles. that would only cover parking.
Yea lmao!!!
You can get a hole in a wall for that here in New Jersey
700 per week or per month ?
Dude, how I wished I had friends like you when growing up, school does not teach you this.
Because all of this is useless unless you have enough money to begin with. And how do you make good money? Have a good job. And how do you get a good job? Get educated. And how do you get Basic education? School.
Don't listen to her. You can do it if you truly want it and with her mindset she never will. Don't listen to people who never try.
You can learn if you really want to Trevor! I'd gladly introduce you to the expert I trade with.. He'll teach you how to trade while you make profits for yourself
It is how you use the information. School is a information center. Some got A and some F. Don’t blame the school. Some people just chose poorly. You cannot know about this learning dance and philosophy in school.
Of course they don't. Schools weren't created to make millionaires. They were created to make workers. Learn the history of schools.
I got my first dividend of 4 cents last week. Looks like I'm quitting my job.
BALLIN'
@@ignaciogarrido2865 actually most of blue chips has been skyrocketing since pandemic started. As much as 80% growth throughout the year
You make 4 cents a week from your job? It makes retiring pretty easy than lol
@@Ndasuunye no need to reply to bots
@@ignaciogarrido2865 scam
The iPhone art was super cool. The following lies and confessions had me reeling 🤯
That first minute was a complete train wreck to watch. Maybe he was trying something new.
But on a demographic of viewers that watch you for valid researched information, the old haha I was lieing haha I was lieing again, just sets such a shitty tone.
Every person in this country, if not the entire planet, aspires to be wealthy someday. However, the majority of people who aspire to financial security are unwilling to make any compromises. To be wealthy, one most be willing to give up any comforts, should you take a hard look at your lifestyle
Fear is a total failure when you give up Ambitiousness; and Success is a game of dice, you throw your $coin while your investment decides your goal
I'm impressed, noted 👍
I'm so glad we have ISA's in the UK after hearing about all the taxes in this!
P.s well done :)
But but.. it wasn't even the same phone...
omg, if I waited a few seconds I would of seen your joke lol. Good one!
Same thing happened to me lol
I was super disappointed to see Andrei had started faking stuff like a lot of other big youtubers.
but then i kept watching... and discovered what was really happening
magic they says
Trading crypto has proven to be hugely profitable over a short term. Though it comes with experience and right working strategies
@@JG-sz7bb I had my first encounter with Mr Alexander Carl in a comment section here on UA-cam and since then,trade has become easier and more profitable I suggest you guys should work with him,he is the most trusted expert here
Hi Andrei, great video! I’d love to see you make a video on the top dividend growth stocks for 2021! 👍🏻❤️
Good idea!
This was a great thumbnail. Very well composed and lit, and no over-dramatized expression.
Write INVESTOR PEREZ to earn huge in Bitcoin,her strategies are top-notch,she's really making me huge gains with her strategies,turning 2BTC to 4BTC and making me $80,000 weekly by putting $50,000
Her Whats App
+1. (9. 7. 2.) 7. 5. 2. 1. 5. 1. 0
Do well to tell her I referred you
Merry Xmas 🎄
Your breakdowns are the best bro, congrats on 1M subs!! 💪🏽🏁
It's so pleasing just listening to your voice explaining about finance
My first dividend was $1, I felt like a real investor 😂 keep growing your portfolio guys we are in it for the long run 🏃♂️
The first minute and 25 seconds is gold
come from the magic stay for the finance- legend
So much knowledge! Always a quality video Andrei! Will keep supporting you every upload.
You and Graham have pretty much the same topic today 🤯 i love it. Two different perspective.
this man is spreading good vibes!
“To figure that out, pull out your phone”
Andrei : starts throwing it in the air and starts spinning it 😂
And my response when he said to pull out your phone was, "Shit! I need to buy a smart phone?"
Your intros are amazing. I swear,
That shirt is Austin Evans levels of tight.
Don’t listen to em boneheads, Andrei. I say go TIGHTER. You’re good.
*context.*
You’re just mad cuz he’s huge and you aren’t
I've told Austin about this before. I don't think he was listening
😂 u da truth
Dude you got such a silky smooth voice gold for radio
Very informative video, I had a few “💡” moments, I’m learning, your expanding my horizons, thank you 🙏🏾
Abracadabra ✌🏾
I swear his videos are just mad clean.
Great video Andrei! I'm looking to build up a dividend portfolio in the near future and your channel is GOAT for this. Cheers! 🏆👌🔥
Just got into Investing and this video is a goldmine with information especially for a beginner for myself. I'll be referring to this video a lot. Thank you.
This isn’t money related but just wanted to say back when I started investing like a year ago I’d watch your videos everyday on the way to school and not only would u teach me a ton about the stock market but your mood and energy would boost mine and make me not dread the early mornings so keep up the good work thanks man!!
That's a nice statement !!! I hope you are doin well
The fact you have this mindset while still at school would be so far advanced from most people your age. I didn’t think like this until I was about 25, but it has had great success for me in a few short years.
omg I’ve almost caught up to Andre (portfolio value)! this is awesome 🥺
That image of the broken down iPhone was great. I want one. 😄
Great info, Andrei! You do a great job of making your videos so entertaining. We are big fans of dividends over here... obviously 😅Thanks for this 🔥🔥
Your videos are getting more fun , and learning financial skills at the same time
Dividends are pretty much the only form of 100% passive income. Can't beat it.
they truly are the PUREST sense of the word
Or interest payments
@Tyson Boynton how?
@Tyson Boynton you seem broke
@Tyson Boynton To the unsophisticated the concept of compounding interest must be a difficult thing to grasp!
I appreciate all this free info, really got my feet on the ground early. Jikh my dude
thank you :) glad it helps in some small way
@@AndreiJikh looks like you've got some spam bots in the comments :^)
Great video! I love how clearly you explained this. SUBSCRIBED!
Your ten second explanation of a Roth IRA is easier to understand than most 3min+ UA-cam videos.
Key takeaway, focus on growth at the beginning!!!
You have changed my life. 🙌🙌
I started watching just over a year ago. I have almost $1,500 invested. All while, starting a business, building a house and raising 4 kids.
It's not much $, but I can see and feel it growing now. Faster n faster. Thank you so much for taking the time to beak things down.
How is it going now?
Would love so subs
How is it going, what did you invest in?
Hey bro im just getting into investing could u give me some tips that u used when u started?
incredibly helpful!!! Thank you for showing us all this. I now have a plan!
I liked this video immediately cause I think you shot it hungover. Maximum effort!
People don’t realize how much it actually takes to live off dividends. Over time it’s achievable, but you have to be patient....a lost art!
patience is not something our generation has :P
@@AndreiJikh true dat!!! But for those of us that does have it, it will pay dividends later!! Zing! See what I did there.....Sigh, I’m so corny.
slow and steady wins the race 😬
just like how people live off interest
Yup be patient and stay the course. Stay consistent. I’ve been at it for 13 years and 5 years away where it will generate me 55k a year.
This is an amazing video! Thank you
Finance BOSS! I'm glad I found your Channel.
Thank you so much for an incredible content and brakedown.
Awesome vid as always. Turn that DRIP on!!!
Thank you for explaining it so clearly sometimes its hard to understand. Do more videos in stocks.
Michael Adams Jay would help you out with all you need to know he is a guru. He is a financial Advisor and Expert trader consultant of all trades so he is good at his job also to tell you the good side of making a profitable investment.
+1(818) 5 3 3-9 6 4 2
He is available on WhatsAp p
I liked what you said about not being happy when your stocks are in green, I never thought about it that way. Good stuff keep it up
0:20
Man if I gotta pull my phone out like that to live off dividends I've already failed
Can you do a video that compares investing into REITs and actual physical real estate?
I made 45 cents of dividends (:
I don’t know if you’ve noticed Andrei, but someone here is pretending to be you Lmao
@@rhealisa9268 true! I reported him. Andrei needs to remove this comment.
You are funny dude, but flipping the phone looked awesome
Thank you for this video! I learned a great deal.
Crazy, you and Graham are starting to post the same stuff at the same time. Its like financial soul mates.
@Andrei Jikh qll.
@Andrei Jikh LMAO
The Andrei Jikh replying to the comments is not the creator of this video but is in fact a scammer. Ignore everything he posts.
The confession in b/w and that bubble face filter is classic Andrei LOL
Hey Andrei! I just discovered your channel! I just wanted to ask if you have any other investing videos but more like explaining super basics stuff. Im very new to this and there were some things I couldn't understand haha. Thank you for the help, you have an amazing energy!
You're so weird, I freaking love your channel!
The video editing is on point! Love the setting as well.
Great video. You did a wonderful job. I enjoyed it. I love dividend stocks, but I also have blue chip stocks. And some ETF's. The amounts in each one is low, but over time it be allot.
Any new investors, every penny you put into your investments will add up so much. Your investments should fit your lifestyle. And only invest in companies that your very knowledgeable about.
I actually come for the finance and stay for the MAGIC
Amazing video Andrei! i learned so much man, you got another subscriber
Welcome aboard! thank you
Rumor has it that Ana, Andrei’s supportive and great friend, hasn’t watched this video either.
🤣👆
😔😔😔
Dividends are for grandpa! Invest in companies that can get high rates of return on excess earnings, it will compound your wealth faster!
Sir sirrrr. You audio is crazy crispy wasn't ready
That Phone-Fu is on point.
I thought i was the only one that takes their phone out their pocket like that!
you know...as you do!!
Trading crypto has proven to be hugely profitable over a short term. Though it comes with experience and right working strategies
It will be a lucrative move to advantage of Bitcoin now because it will become real profitable overtime
Access to the right information is what is needed for our progress financially and generally in life. Here is a good one and I am thankful
I had my first encounter with Mr Alexander Carl in a comment section here on UA-cam and since then,trade has become easier and more profitable I suggest you guys should work with him,he is the most trusted expert here
@@belenmiah3226 I’ve had a fair level of experience trading for sometime now but decided to subscribe to Mr Alexander Carl after reading some remarks about him here on this channel .I felt like a newbie.gush I knew nothing all this while ,Mr Carl is a freak of a man and I’m blessed to have him as my broker
Nice vid! I'd just learned about yield on cost, which definitely paints a more accurate picture of the actual dividend % one is receiving since it takes into account the stock price one bought for! Also, I've been getting into some dividend stocks lately--Pfizer, Intel, & Cisco--and I'm really kind of blown away by the amount of dividend I'm receiving!
How’s it going now though
That iPhone frame is actually really cool. I'd buy that.
+1 (3"2"1) 2"0"0-1"7"4"1 whatssap me
that watch is a serious flex
For anybody wondering about the equation:
(Dividend Income)/(Dividend %) = Amount invested
Ex: $70,000/0.02 = 3,500,000
So, you would need to invest 3.5 million dollars with a 2% dividend yield to receive $70,000 annually.
That's a lot of money
Damn. Idk if the dividend thing is worth it. 3.5 mil for 70k a year?
totally misleading math. companies with good dividend management raise them every year (or close to it) there's almost no example of a dividend remaining absolutely flat in your example. the numbers are much more complex and dynamic.
If you had 3.5 million dollars saved. You could live off 44k annually anyways for 80 years. So you’re probably making less investing in these stocks
Dividends are made to live off of while your money grows. You’re investing really to retire early. Investing into a good fund such as the S&P 500 would still earn you around 10% on your 3.5 million while you’re living off the dividends of anywhere between 40K-70K a year. Not that complicated. Trust the market or trust you’re going to not blow through 3.5 million after retirement. I’ll choose the market.
Love it. Keep raking those divs!
I have to say I love your channel. I feel like you are giving great advice and not in a gimmicky way and it's refreshing. Thanks, following you to the moon 🤣🤭🚀🚀🚀🚀🚀
*Thanks for the feedback ~~~~For more information on earning*
*W•H•A•T•S•A•P~~~M•E*
*+1••(9,,7,,2)••(3,,6,,6,,)••(0,,7,,0,,3,,)•••*
I think you _are_ the only one to take your phone out like that LOL !!
personally i came for the finance and stayed for the magic
I never make missteaks.
Holy Rubles comrade Andrei - you have almost a million subs!
Awesome video. Its amazing how your dividends are growing. Congrats
That taking phone out intro got me going! 💀
How about Investing in stocks and Realstate both!
RIETs
If you have the money to do both and not worry about losses then what would be the point of getting into either? Just buy a good dividend stock and then live in the Bahamas
Great video, thanks. The only downside that I would say is that typically high div. stocks don't have a ton of growth potential. The capital gains you can make on growth stocks far exceed dividend yields...although the risk is much greater, as well.
It’s all about prospective, I like my div stocks to stay planted and treat it as basically a loan. I give them 5k or whatever and collect interest. Except it’s still my money and I can pull it if I need without having to worry about timing.
Dow Dividend Strategy - Dogs of Dow - combined with covered calls.
seriously loving ur channel my friend, please keep it up! ur very appreciated!
Thank you for the jokes. Thank you for not having click-baity title throwing your $ gains in there, makes you seem more down-to-earth. Lastly, thank you for giving $40-50k annual income as an example, makes you more relatable. Not everyone is dreaming to drive a Ferrari in retirement! Great video!
This guy's actually pretty cool
I also went through a dividend maximizing phase, but then I found options and theta decay strategies. Selling covered calls and cash secured puts will generate much more in premium than what can be obtained through dividend investing.
Another really helpful video, you got another sub here !!!
dude your audio is absolutely incredible. Nice video, I barely invest but I enjoyed the content
The videos are getting better and better!
🚨SCAMMER ALERT!🚨
Man i got so many questions, wish i could speak to the guy. Just starterd with crypto.
Hey Andrei! A fan of your videos here! Thank you for sharing so useful and complicate information in a simple way. Just wanted to let you know that it appears that the discord link is chrashed.
I feel like i got smarter watching this. 🤯 Thank you!
An investment in knowledge pays the best interest."
How is the forex investment done.
Yes, forex investment, I heard it's very profitable
Yes, true but I don't know anything about
I have heard so much about forex how does it work
Did I hear someone say forex?
HEY are you ok when you shot this video, look preoccupied ma man!
Wow...great stuff...first time seeing your videos...alot to take in. Thanks
That's great! I have that t-shirt as well!
He's so friendly it freaks me out.
Secret serial killer vibe.
Love the timing to release right before Graham 😂
I take my phone out like that every time and flip it around… dropped it maybe once
Thanks for the info you're amazing bro