MASTERCLASS: Earn $500/Month PASSIVELY From Dividends In 2024

Поділитися
Вставка
  • Опубліковано 5 вер 2024
  • Free eBook - How To Build Wealth As An Investor here:
    briefs.co/yt/b...
    USNews article I talked about:
    money.usnews.c...
    ✅ Check out my products:
    1. Market Briefs - Get my free financial newsletter for investors: briefs.co/mark...
    2. Free eBook - How To Build Wealth As An Investor here:
    briefs.co/yt/b...
    3. Business Accounting - Does your business do over $250k/year? If yes, get a free consultation from my partner accounting firm: theminoritymin...
    Recommended:
    Master The 10 Rules Of Investing (Stop Listening To Broke People)
    • Master The 10 Rules Of...
    What Is The Minority Mindset?
    "The Minority Mindset has nothing to do with the way you look. It's the mindset of thinking differently than the majority of people" ~Jaspreet Singh
    My recommended tools! Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on UA-cam.
    ----------
    ➤ Real Estate Investing Online
    1) 🏠 Fundrise - Invest in real estate with as little as $10!
    theminoritymin...
    ----------
    ➤ Life Insurance
    2) 🛡 Policygenius - Get a free life insurance quote:
    theminoritymin...
    ----------
    ➤ Invest In Stocks Passively
    3) 📈 M1 Finance - Buy stocks & ETFs automatically:
    theminoritymin...
    ----------
    ➤ Buy Gold Passively
    4) 👑 Vaulted - Buy physical gold on autopilot:
    theminoritymin...
    ----------
    Follow me:
    Instagram: / minoritymindset
    Website: www.TheMinorit...
    Want More 🥑🥑?
    Minority Mindset Clips: / minoritymindsetclips
    Minority Mindset En Español: / minoritymindsetenespanol
    Video host: Jaspreet Singh
    DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you.
    DISCLAIMER CONT'D: I'm just a random guy on UA-cam so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.

КОМЕНТАРІ • 138

  • @MinorityMindset
    @MinorityMindset  7 місяців тому +15

    Download my FREE Ebook here: briefs.co/yt/build-wealth
    WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS!
    There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through UA-cam comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!

    • @kendraco
      @kendraco 7 місяців тому +1

      How much on average would have to be invested in the stocks you showed on the right hand side of the white board, to make the $500 a month in passive income?

    • @alexandraroels7137
      @alexandraroels7137 7 місяців тому +1

      Indues are very good Scams.

    • @SG-wp6sg
      @SG-wp6sg 7 місяців тому

      Jaspreed didnt dividends where tax free below 39k?

  • @scottschaffer6084
    @scottschaffer6084 7 місяців тому +52

    I won't hit $500/month this year...Single income family of six in a moderately high cost of living area. That being said, we're starting at about $150/month, and will end the year averaging about $205. Give me a few years, and we'll be at the $500 benchmark. Give me the twenty or so years that I've got left before retirement and we will hit $3-4k a month on top of a 75% pension.
    Older millennial here, $94k/year. We're going to make it. Patience, consistency, and discipline, people.

    • @aaronlavell6537
      @aaronlavell6537 7 місяців тому +1

      Would you be able to lend some insight, nothing crazy detailed, on what it is you’re investing in to build up to that benchmark? 23 at $54k a year here and I’m trying take steps now to build a financially stable future since I plan to have a family of my own, so any help would be much appreciated🙏🏾

    • @MsMotherWolf
      @MsMotherWolf 7 місяців тому +1

      If you reinvest that $150-$205, you'll be there a bit sooner than you think. Keep going.

  • @granitemoss1451
    @granitemoss1451 7 місяців тому +39

    My teen will be 18 next month and we are talking about him opening a ROTH IRA. Will be sure to show him this video to help him decide what he wants to invest in, thanks.

    • @Cab520
      @Cab520 7 місяців тому +1

      He’s 18. Explain to him what it is and tell him he will do it. Living under your roof. Your rules. 18. Now a days still an immature child and unable to make decisions

    • @granitemoss1451
      @granitemoss1451 7 місяців тому +15

      @@Cab520 I am fortunate in that he understands the benefits of starting so early and he is willingly engaged. We, as his parents, will guide him in his decisions about how/what to invest in but ultimately it's his choice.

    • @darreldonata4940
      @darreldonata4940 7 місяців тому +1

      Have him take on more risk than dividend investing. He's got time on his side. Tech should easily beat dividend-paying funds in his investing lifetime. For example VGT returned more than double SCHD since 2011. I don't see that trend ending anytime soon.

    • @rumithesquirrel7816
      @rumithesquirrel7816 7 місяців тому +2

      18? Why did you wait so long? My started investing his own money at 14. Any gifts he got he, purchased stocks. He's 20 now. He got his 1st job at 16. 25% of his earnings would go straight to his savings/investing. Since 18 he's had a full time job & doing full time college at the same time. Since 18, he's put 35% into investing/savings. He's built up a very nice amount and he chose to stay home instead of going to a university, he received his AA at community college and is now at University but still living at home. He also makes his own car payment.
      I also have a 4 year old daughter. Her father pays me child support. $500 per month of what he gives me goes straight to her Fidelity account. I realized, I should have started my kids investment/savings accounts the day they were born.

    • @granitemoss1451
      @granitemoss1451 7 місяців тому +2

      @@rumithesquirrel7816 My timetable for this with my child is different than yours and there's not a thing wrong with that. Some start their kids before yours began and that doesn't make the way you've chosen to do to wrong either. How about we parents support each other in financially educating our children instead of trying to shame each other for what we're doing? '18? Why did you wait so long?' comes off a haughty and is uncalled for.

  • @marrngame2116
    @marrngame2116 7 днів тому

    I saved my first emergency this month after free myself from debt all thanks for your channel and I will continue watching I appreciate what are you providing very useful channel

  • @iQamarAmerica
    @iQamarAmerica 7 місяців тому +7

    Watching your videos gave me a clear understanding that we Indians, especially desis, need financial education. Without financial education, one can't progress in life.

  • @richhands5269
    @richhands5269 7 місяців тому +11

    My three favorite channels: Minority Mindset, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥

  • @Fatalinvesting
    @Fatalinvesting 7 місяців тому +6

    Already accomplished this goal last year.

  • @cynthiapowell9712
    @cynthiapowell9712 7 місяців тому +4

    More videos on funds. I like it better it help my goals towards the freedom that I want as a new investor. Thank you👍🏽

  • @cynthiapowell9712
    @cynthiapowell9712 7 місяців тому +5

    I love this video. MM thank you👍🏽👍🏽

  • @bpantoine
    @bpantoine 7 місяців тому +2

    I'm here for this.
    I want to know more about funds while I grow my portfolio, every two weeks.

  • @bacillus5
    @bacillus5 7 місяців тому +7

    just invest 300k and get 500 a month of dividends ... that's how you do it

    • @HarperPolo
      @HarperPolo 7 місяців тому +2

      Got it thanks for the cliff notes

    • @MrSpamfriedrice
      @MrSpamfriedrice 7 місяців тому +2

      Why not buy a 300k dollar property and rent it for 1800 /mo? Risk? Serious question, as a real estate investor. I’m looking at dividends… but more as diversification.

    • @goldhawk420
      @goldhawk420 7 місяців тому +3

      You don't need 300k to get $500 a month.

    • @JP-ge8lq
      @JP-ge8lq 12 днів тому

      Depends on what assets you purchase with that 300k.
      You could also hypothetically invest 300k and make potatoes

  • @1776redline
    @1776redline 7 місяців тому +2

    I was just talking about this the other day and then you popped this video! Thank you!!

  • @haiqaljohn8158
    @haiqaljohn8158 7 місяців тому +2

    I need a 1 hr video! Can watch it over lunch😍

  • @user-ew8ld1cy4d
    @user-ew8ld1cy4d 7 місяців тому +2

    I watch you almost everyday. This is my fav video, AMAZING thank you!

  • @christinamarienutt5142
    @christinamarienutt5142 7 місяців тому +3

    Yes more advice in ETF investing please thx. Yes more dividends advice

  • @24marioalex
    @24marioalex 7 місяців тому +3

    Great video. Please provide more videos regarding ETF investments

  • @sumanbharath2212
    @sumanbharath2212 7 місяців тому +2

    More on ETFs please. Thanks for helping the community with your valuable research. You are not my Fadvisor but, Can I hire you as one 😮?

  • @superczech69
    @superczech69 7 місяців тому +1

    Thank you. You have educated me over the years and I have been very successful trading.

  • @dennishowland7495
    @dennishowland7495 7 місяців тому

    I like to head pay more attention to individual companies on the Devil inside and I would like to see more videos on determinate fashion under the purchase of companies to buy

  • @fav88
    @fav88 7 місяців тому +1

    Thank you JS for such a useful video. Please more videos on Funds and a bit deeper analysis on the ones mentioned. Thank you🤲🏻

  • @ThatsWhatSheSaid75
    @ThatsWhatSheSaid75 7 місяців тому +2

    This was an extremely useful video! It may be interesting to dive deeper into the long-term (20+ years) returns when comparing a dividend paying ETF versus a growth ETF (an S&P 500 ETF for expample). For instance, what happens if you take your post tax dividend revenues and reinvest them into a growth ETF....or realestate investments? Is the tax loss worth the growth potential? What are the returns when compared to reinvesting them back into a dividend ETF. Which option would benefit the investor most at retirement? Is there a hybrid model that historically works? I understand that there is a plethora of variables and scenarios here, but just an idea. Thank you again for all the useful and informative videos.

  • @darlythomas3295
    @darlythomas3295 7 місяців тому +1

    Excellent

  • @ForestFWhite
    @ForestFWhite 7 місяців тому +2

    3-4% is the same return you can get from a lot of savings accounts, with much less risk. Is there a reason to choose Funds over savings?

    • @fearlessreview
      @fearlessreview 7 місяців тому +2

      Your hoping the underlying share also appreciated

    • @breckfreeride
      @breckfreeride 7 місяців тому

      My thoughts exactly... Cd ladder

  • @abrahamalatorre
    @abrahamalatorre 7 місяців тому

    More of these Funds investments and Mutual Funds videos would be great to learn. And also understand in depth how they work. I would be interested watching more of this content

  • @kennethwithrow8711
    @kennethwithrow8711 7 місяців тому

    Like the avocado pillow in the background

  • @ourjourneyhome3690
    @ourjourneyhome3690 7 місяців тому +1

    At do you think of self directed ira's

  • @AKS-Austin
    @AKS-Austin 7 місяців тому

    Jaspreet, truly appreciate the effort you are putting here to financially educate the community. Whilst funds do minimize the risk, would love to also see your videos around individual stock analysis. Thank you for all you do!

  • @mda0214
    @mda0214 7 місяців тому +1

    Stock price is good but not the most important thing. No one should invest in individual companies if they don't know how to read financials. There are a few companies with strong financials and their stock price dropped for other reasons. Those are the companies you want to buy. And they have a long history of paying dividends

  • @ramsyrama
    @ramsyrama 7 місяців тому

    I love every bit of knowledge shared

  • @hlwanmoe1981
    @hlwanmoe1981 7 місяців тому

    Some people are confused that they can make $500 a month from dividend by just throwing monies to buy stocks.
    It takes times, analyst detail and invest little by little to see it’s trend. Then after a year you can start invest in specific company to generate $500/month. I personally invest in one company that generates almost $500/month for me and only cost me about $5 per stock. You don’t have to invest in S&P 500 or Berkshire as it’s very expensive for beginner.
    Just remember, analyst and be patience. Investing in stocks is long term. Cheers!

  • @andreadickinson3076
    @andreadickinson3076 7 місяців тому

    Thank you or sharing your knowledge, but how much should I start investing a month?

  • @LightsOut999
    @LightsOut999 4 місяці тому

    Like which stocks though!? HELP

  • @felipesandoval3242
    @felipesandoval3242 Місяць тому

    I like this video 🔥

  • @rnarvaez7795
    @rnarvaez7795 7 місяців тому

    Great video and so informative! Thank you!

  • @williammiller9813
    @williammiller9813 7 місяців тому

    I do both

  • @happy1wandering
    @happy1wandering 7 місяців тому

    If someone is investing for cash flow, how many dividend-paying ETFs should he have in his portfolio ? How many are you guys investing in & why ?

  • @TheLovely990
    @TheLovely990 7 місяців тому +1

    Hello. Great info.

  • @ebklos1651
    @ebklos1651 7 місяців тому

    Does good commentary for Investment wise 😮

  • @grendal102
    @grendal102 7 місяців тому +1

    I would like to know more about investing in individual companies and how to measure the risk of investing in them.
    Great video. Thanks!

  • @Illninnio
    @Illninnio 15 днів тому

    Wait but how much do you have to invest to get $500 a month in dividends?

  • @mendezyouth9615
    @mendezyouth9615 7 місяців тому

    I like anything in real estate

  • @Jhake-vp8nl
    @Jhake-vp8nl 7 місяців тому

    Hello, Can I ask what is the difference of Stock STC and Stock CFD. Which I can use in long term investments

  • @Checkflow777
    @Checkflow777 7 місяців тому

    I’m interested in the funds

  • @MsMaxinejoy
    @MsMaxinejoy 7 місяців тому +1

    Dividend funds, whether ETFS or index are better than individual stocks. Thanks for your picks, though. You're not my investor nor attorney. 😊

  • @triloksinghbisht165
    @triloksinghbisht165 7 місяців тому +4

    Subject of video is not correct

  • @mikeazriel5116
    @mikeazriel5116 7 місяців тому

    There have to be a person or way to explain how to start investing not jt a book bc most ppl want to get involved but don't know the first step to take. Js

  • @Lordnova85
    @Lordnova85 7 місяців тому +1

    I took a screenshot of the white board and ima take it from there thanks as always

  • @andreapiasantana9598
    @andreapiasantana9598 7 місяців тому

    Amazing video !! ❤❤❤

  • @arthurcwalina106
    @arthurcwalina106 7 місяців тому

    investing or not make sure U keep hustling good vid though

  • @Hipohipo6900
    @Hipohipo6900 7 місяців тому

    How can I open a brokerage account to invest in dividends in the caribbean.
    Or is it not possible

  • @xtinedike4334
    @xtinedike4334 7 місяців тому

    Does prime rate affect dividends payout rate, ie we have high interest rates now when rates drop will the dividends rates drop as well ?

  • @angiedee2722
    @angiedee2722 7 місяців тому

    Can i buy all those funds in fidelity?

  • @kevinfestner6126
    @kevinfestner6126 7 місяців тому

    vymi, looking for an international dividend index fund to add diversification to schd.

  • @zohaibahmed3570
    @zohaibahmed3570 7 місяців тому

    I think Funds are good to go

  • @doctorgap
    @doctorgap 7 місяців тому

    SCHD is the way.. a share a day keeps the Dr away 🙌🏻

    • @darreldonata4940
      @darreldonata4940 7 місяців тому

      And keeps the money away as well. SCHD underperforms SPY

  • @rhondamatthew2412
    @rhondamatthew2412 7 місяців тому

    Who can I invest in, if I live in canada

    • @bpricey6592
      @bpricey6592 7 місяців тому

      I invested in vanguard VSP. Cad hedged s&p500

  • @ReadingDave
    @ReadingDave 7 місяців тому +1

    What does a company get for offering a dividend? It seems like a liability for them.

  • @P.I.P.E.L.I.N.E_Podcast
    @P.I.P.E.L.I.N.E_Podcast 7 місяців тому +1

    Notification squad

  • @hendrikwalter5271
    @hendrikwalter5271 7 місяців тому +1

    First comment, best day ever!

  • @JohnMichael007
    @JohnMichael007 7 місяців тому +18

    *Wow, it's crazy how some people can become multimillionaires by investing just $10K in trading within a few months, while others have to work for 40 years to reach $1M in retirement savings. The power of smart investing, right?*

    • @JohnGrab776
      @JohnGrab776 7 місяців тому

      The thing about being successful is working towards it smartly and not just talking about it

    • @LucyRyan08
      @LucyRyan08 7 місяців тому

      I've been trying to trade but I keep making losses and it's frustrating

    • @MalikZanni
      @MalikZanni 7 місяців тому

      If you are using really a good broker or account manager is easier to earn from the market

    • @JenniferLynd
      @JenniferLynd 7 місяців тому

      That's true. a lot of people today have been
      having a ton of disappointments in forex and crypto trading in light of helpless direction and awful specialists

    • @Mandyivor
      @Mandyivor 7 місяців тому

      I have a desire to invest heavily in one of the financial markets
      How do I reach out?
      Any recommendations?

  • @Brian-ul3ql
    @Brian-ul3ql 7 місяців тому +2

    Don’t invest in Schwab. It’s like polishing the devil’s shoes.

  • @thewilloughbywomen
    @thewilloughbywomen 7 місяців тому

    TY for losing several ETF and mutual funds.

  • @drewj3329
    @drewj3329 6 місяців тому

    Banks paying 5.25% nope to stocks...too many crooks

    • @Daawan
      @Daawan 6 місяців тому

      Just make sure it's fdic insured I use upgrade would recommend

  • @lacha608
    @lacha608 7 місяців тому

    Can you do this ethically? Or do you have to invest in destructive and abusive industries and corporations? People have to start saying no.

    • @lacha608
      @lacha608 7 місяців тому

      @@Madchris8828 it seems extremely difficult to find guidance toward ethical companies. Most "advisors" promote the worst of the worst. Those corporations and industries doing the most harm and engaged in the most corruption are the richest, because profit is their only motive, there is nothing to restrain their unethical behavior.

    • @michaelrhodes6461
      @michaelrhodes6461 25 днів тому

      Money has no conscious

    • @lacha608
      @lacha608 25 днів тому

      @@michaelrhodes6461 Money is a tool that people use. People should try to live with conscientious. We see the results all around us when they don't. E.g. keep your money in banks that invests in the war machine, fossil fuels industry, etc., or invest directly in those industries As a result we see wars raging around the world and the climate crisis escalating, all so people can profit. It's a sick situation that will be the end of us all unless people start saying no to investing in abusive and destructive corporations and industries.

  • @marcshaw6811
    @marcshaw6811 7 місяців тому +1

    👏👏👏

  • @Purehoneybee
    @Purehoneybee 7 місяців тому

    🤥

  • @jonmerrick9654
    @jonmerrick9654 7 місяців тому

    Repent and believe the Gospel of Jesus Christ Jaspreet ✝️ so that you don’t end up in that place BELOW 🔥

  • @alexandraroels7137
    @alexandraroels7137 7 місяців тому

    😂😂😂😂

  • @jessescott3558
    @jessescott3558 7 місяців тому +1

    Excellent