Want To Be Rich? Don’t Do Dividends

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  • Опубліковано 21 лис 2024

КОМЕНТАРІ • 935

  • @EtherealReality
    @EtherealReality Рік тому +217

    The consistent income from dividends provides a nice psychological incentive to not panic and sell when markets are down.

    • @mathisnotforthefaintofheart
      @mathisnotforthefaintofheart Рік тому +6

      Exactly!

    • @ZC965Tt
      @ZC965Tt Рік тому +4

      Is this a psychological function of people? LOL, I don't react too much when I'm losing money or making money, because I'm skilled enough at it

    • @princetemujjin
      @princetemujjin Рік тому

      @@ZC965Tt I don't react too much when I make or lose money either. But I'm also aware not everyone thinks the same. lol

    • @ConsumeristScroffa
      @ConsumeristScroffa Рік тому +6

      @@ZC965Tt Nice flex.

  • @LBrown-fo7sr
    @LBrown-fo7sr Рік тому +135

    The most clearest explanation of ETFs I have heard in awhile. Thank you.

    • @jollama
      @jollama 7 місяців тому +1

      Easier index funds

  • @miloxyunto
    @miloxyunto Рік тому +283

    I always find it motivating and inspiring to see you're portfoilio and how much you're up to on your journey. Someday I hope to achieve what you have.

    • @andre-qy2il
      @andre-qy2il Рік тому

      you won't

    • @Vxhnz
      @Vxhnz Рік тому +14

      @@andre-qy2il s tier level hating

    • @investingwithkendrick
      @investingwithkendrick Рік тому +8

      living off of dividends is a diffrent type of flex

    • @carlsapartments8931
      @carlsapartments8931 Рік тому

      "to see you're"... I think you need to google your vs. you're... as you're means "you are"!

  • @CinnamonR0le
    @CinnamonR0le Рік тому +80

    "You don't need to eat food, you can eat motivation." Lol. Love it. 😅

  • @aaronalquiza9680
    @aaronalquiza9680 Рік тому +483

    I flip groceries for 2x the price

  • @njf9763
    @njf9763 Рік тому +110

    I love your disclaimer. Really hits home on the points of how others actually get rich.

    • @AndreiJikh
      @AndreiJikh  Рік тому +33

      Well mine was UA-cam, so I didn't get rich with investing either - but I got comfortable enough to take a shot at youtube, and that's good enough for me

    • @RuneNetwork
      @RuneNetwork Рік тому +4

      @@AndreiJikh Well said

    • @stevensaxon8888
      @stevensaxon8888 Рік тому

      @@AndreiJikh what happened to Pandrea finance UA-cam channel? He hasn't been making videos for a long time

  • @Horlianz
    @Horlianz Рік тому +22

    The first 60 Seconds where pure Gold
    Edit: The first 60 Seconds were pure Gold - Thanks BridgeWater94

  • @franciscodecarvalhoferrao1149
    @franciscodecarvalhoferrao1149 Рік тому +5

    Stepped on your video casually. It was a really nice blend of humor, personal approach and examples with important information explained simply on top. Subscribed. Keep it up.

  • @KamranKhalil-br6dk
    @KamranKhalil-br6dk Рік тому +40

    I'm so happy I made productive decisions about my finances that changed my life forever,hoping to retire next year... Investment should always be on any creative man's heart for success in life.

  • @alexkimmerly9490
    @alexkimmerly9490 Рік тому +149

    A great benefit to a dividend portfolio is that you get a really good idea of your passive income -- which lets you tune your leverage and debt exposure to ensure that you can always keep making your debt repayments.

    • @LegacyAftermath
      @LegacyAftermath Рік тому +10

      If your investing in dividends for dividend income debt isn't something you should have

    • @alexkimmerly9490
      @alexkimmerly9490 Рік тому +18

      @@LegacyAftermath Debt is a tool, and passive income lets you unlock it safely. Carrying as much debt as your passive income can service allows you to benefit from the effects of inflation. As long as you're researching and buying quality assets, you SHOULD have debt in any inflationary system.

    • @LegacyAftermath
      @LegacyAftermath Рік тому +6

      @@alexkimmerly9490 sounds ridiculous most people see debt not as a tool to make money. The masses see it as a tool ro obtain new shiny objects

    • @dilpickles5928
      @dilpickles5928 Рік тому +5

      Investor's use debt as a leverage tool all the time. Done correctly, borrowing money presumably at a low enough interest rate for dividends to cover interest payments could help you grow dividend's faster. It's not that debt is necessarily a bad thing, it's just that most people rack up debt on things that provide no long term value.

    • @ChildishGambeaner
      @ChildishGambeaner Рік тому +3

      ​@@LegacyAftermath nice backtrack lol

  • @Anandroid
    @Anandroid Рік тому +7

    I’ve literally been telling this to people and colleagues for years and not one of them wanted the free game

  • @pikyi2001
    @pikyi2001 Рік тому +11

    I love the idea of compound interest! It totally encourage us ti save more than spending on some luxury goods .

  • @Bloodbornepro.
    @Bloodbornepro. Рік тому +22

    This was absolute life changing. Explained very well. Thank you

  • @mikeyguzman3590
    @mikeyguzman3590 Рік тому +2

    Nice putting that “Bramble Blast” music in the background at around the halfway point. Can’t go wrong with DKC2 music. Keep up the good work. Your videos are awesome man.

  • @S1lv3rdo7
    @S1lv3rdo7 Рік тому +4

    Magic and Dividends. Welcome back Andrei, we missed you.

  • @HoustonTom
    @HoustonTom Рік тому +9

    Dividends definitely don’t you wealthy quickly but it’s a great strategy for SOME of your investments. I also consider it a semi-emergency fund. I wouldn’t want to count on it for my housing or food needs but it can assist if you need it now.

  • @thinkpassiv
    @thinkpassiv Рік тому +5

    Your one of my fav UA-camrs- great contents always! I love dividends.

  • @felicianojrf
    @felicianojrf Рік тому +6

    The FF VII Red XIII's Theme remix was a great touch.

  • @redpacifista33
    @redpacifista33 Рік тому +11

    One of your most honest video's yet! Thanks for sharing 👍

  • @dominiquetheeasyminimalist
    @dominiquetheeasyminimalist Рік тому +36

    April was glorious, I hit over $1k in dividends/distributions, a record! I own a small portion of my portfolio in a few BDC and high yield blue chip stocks to boost the income and reinvest in boring long term ETFs 😁

    • @stephenburgess3525
      @stephenburgess3525 Рік тому

      Good stuff

    • @AndreiJikh
      @AndreiJikh  Рік тому +11

      Congrats!! $1K is serious monthly cash flow

    • @leplane_
      @leplane_ Рік тому

      How much would you have to put roughly in this position to earn $1k?

    • @MrLaughingcorpse
      @MrLaughingcorpse Рік тому +2

      @@leplane_ Probably over $100,000 generally speaking.

  • @CarlDi3trich
    @CarlDi3trich Рік тому +8

    H'okay, Andrei. I don't know if anyone is paying attention but $200.00 a DAY ( let's just say business days ) is ~$48,000 a year. Some of us mere mortals can't field that sort of investment. But glad to hear you are making it work for you. :)

  • @notyetjp
    @notyetjp Рік тому +2

    Andrei is candid that this works for him due to amassing $3/4M in capital from YT/other successes. He knows how to live beneath his means. If you are starting from a lesser position, that is infinitely more important to understand than dividend investing. Good luck.

  • @thefocuschic3234
    @thefocuschic3234 Рік тому +17

    Wow, today you and Graham are on fire with the an intro and the title!

  • @oliviagreg5298
    @oliviagreg5298 Рік тому +5

    When you invest, you're buying a day you don't have to work

    • @loydriley9221
      @loydriley9221 Рік тому

      Assets that can make you rich
      Bitcoin
      Stocks
      Real estate

    • @maxiecharles2842
      @maxiecharles2842 Рік тому

      You're right , it's obvious a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to remain poor

    • @ningyen1444
      @ningyen1444 Рік тому

      Now is the best time to purchase and invest in Bitcoin, stop procrastinating!!

  • @michaelmolavi6454
    @michaelmolavi6454 Рік тому +4

    Compound interest is a good way to grow your portfolio, and choosing a dividend aristocrat with a high yield will make your portfolio grow quickly if you reinvest your dividends.

  • @quokkapirquish6825
    @quokkapirquish6825 Рік тому +9

    Let’s hope there aren’t many more banks that go under, we do have a liquidity problem so I think we will go through a long period of stagnation. Dividend stocks have to be the way forward at this time

  • @ahhyepable
    @ahhyepable Рік тому +3

    Glad I found your channel. I am trying to decide now between buying SP500 or Total Market via Index Fund or ETF. Still not sure, on the tax implications and what makes them different from a tax standpoint. I am not fully sure on the automated nature of Index funds vs. non automated on ETFS. Ugh. Not sure how to proceed. Specifically right now, looking at VTSAX/VFIAX vs. VTI/VOO. Or should I go fidelity? It's all very confusing and I want to start right away! I have some individual stocks in a TD ameritrade now but want to manage it more long-term and passive.

  • @mattinterweb
    @mattinterweb Рік тому +3

    Forget buying a broad index and expecting the same returns as the recent past. Between 1999 and 2008 the stock market just went sideways and there's a very good possibility that's about to happen again.

  • @Saroku1000
    @Saroku1000 Рік тому +5

    Dividends is something very beneficial after you got rich, but its one of the slowest methods to become rich.

    • @justaprogrammer3764
      @justaprogrammer3764 Рік тому

      People should focus on careers/business and once there is a flow of money, they should go into ETFs/dividends/stocks. Any other way is just failure.

  • @dustinmccorkle2019
    @dustinmccorkle2019 Рік тому +17

    You, Kevin, and Graham are the life blood of online financial "advice"👀(but not financial advice for legal reasons)/ info on UA-cam. Been watching you a little more lately! Very entertaining

  • @AnneLinders
    @AnneLinders Рік тому +62

    Andrei, this is one of the best videos you have done in the past few months! Good to be reminded that dividend investing is the way. You should make a Yoda themed short about dividend investing on May 4th!

  • @clark4041
    @clark4041 Рік тому +19

    One of the best content producers on the inter-webs! Thank you for all you do Andrei 😎

  • @AndresEmilioSotoRealEstate
    @AndresEmilioSotoRealEstate Рік тому +4

    Finally, a video not about the end of the world!

  • @carlosrobles3353
    @carlosrobles3353 Рік тому +28

    Hey Andrei! I’ve followed you almost since your beginning in UA-cam and I’ve always thought that dividends and etfs were such a boring investment. Now that I’ve lost a lot of money and grown in mentality I see the point. Thanks for the videos!

    • @ZC965Tt
      @ZC965Tt Рік тому

      Do you really understand how they work when you make every investment? For example, what kind of investment is ETF in the eyes of investors?

    • @AJ-rc5lr
      @AJ-rc5lr Рік тому +2

      the more boring a investment are, it's better, remember most investor are boring, but yet, they are richer than most trader.

    • @ZC965Tt
      @ZC965Tt Рік тому

      @@AJ-rc5lr While it is true that many successful investors tend to focus on long-term, stable investments, it is important to note that not all investments that are considered "boring" are inherently better or more profitable. The concept of boring investments typically refers to those that provide steady returns over time with less volatility. These may include index funds, bonds, dividend-paying stocks and real estate.

    • @AJ-rc5lr
      @AJ-rc5lr Рік тому

      @@ZC965Tt yes very agree, and never forget compounding effect on them too. yes it will take more time for you to become a multi millionaire, but compounding works like a charm at the latter stages of our life anyway, just like Andrei says, it's for retirement plan.
      I am a compounding investing practitioner, as was my dad, he started in 2001, and i started in 2015, and we basically just invest in ETFs and some bluechip stocks that generate dividends, we reinvest everything since day 1, it's really giving us good compounding return so far, although we know that it might never take us to the level of a billionaire with such investment. but we will be in good position in the next 10 years if we keep just doing what we are doing.

    • @Zach.3246
      @Zach.3246 Рік тому

      @@ZC965Tt In your opinion, what would be a good short-term investment for someone willing to risk $10-$20 a week? I’m a college student, and as you can imagine, I don’t have a lot of cash just sitting around.

  • @sreraamkc
    @sreraamkc Рік тому +4

    You randomly came on my feed, and you have earned yet another subscriber. Love the simple yet high quality video production and of course, love the content. Thanks a bunch Andrei!

  • @financialintelligencecreations

    Dividends are one of the only true passive income sources.

  • @patriotsouthern8123
    @patriotsouthern8123 Рік тому +6

    You forgot to mention the parts about your bank account login, social security number, routing and account number.

  • @arigutman
    @arigutman Рік тому

    Far too many investors are trying to get rich by Tuesday and therefore losing their opportunities to build wealth.

  • @aeriastand
    @aeriastand Рік тому +8

    Good video man, I watch your videos while investing my weekly 300$ since I’m 18, I’m so motivated to be in the 1% and already living from nothing but my first online store, love the content and all what we can learn ! Keep up man!

  • @wimdenherder
    @wimdenherder Рік тому

    Skipping the daily latte coffee will yes.. generate 1.056.160 dollars in 67 years. Proof: 5*356*1,1^67. Assuming 10% yearly netto return (inflation & tax deducted). "Stop buying latte's" is Andrei's best advice. The easiest way will be investing in an index fund with historical return of 10% like the S&P 500 usa, that is broadly diversified and that you don't have to manage.

  • @anon8373
    @anon8373 Рік тому +91

    disliked for the clickbait title. but good advice. not sure why you named it "Don't do dividends" when you are listing all the advantages of dividends....

    • @brandomium
      @brandomium Рік тому +27

      I might be wrong but I think it was just a satirical title that makes fun of most wealth gaining tips, just like the first few “tips” he listed off at the start

    • @ijgr11
      @ijgr11 Рік тому +24

      It’s called sarcasm….

    • @ghost123g3
      @ghost123g3 Рік тому +3

      Made you click the video init. It’s not clickbait, it’s clickable

    • @tygrunge
      @tygrunge Рік тому +2

      That went right over your head lol

    • @williamfisher4886
      @williamfisher4886 11 місяців тому +6

      @@ghost123g3if you click the video for one reason and get something else that’s the definition of clickbait

  • @ProDigit80
    @ProDigit80 Рік тому +2

    Dividends aren't guaranteed. Companies change their dividend ratio on a quarterly to yearly base. Some companies may determine to stop the dividends.

  • @churchofsagan647
    @churchofsagan647 Рік тому +10

    Hands down the best Meet Kevin impression I've ever seen.

  • @ShantelleKing
    @ShantelleKing 9 місяців тому

    2:00 the like button flashed when you said to smash the like button & that was very aesthetically pleasing. the little details youtube!

  • @RUSHISHWAR1
    @RUSHISHWAR1 Рік тому +3

    So many people hide their investments because they think something is gonna happen to them. I love it when you transparently showed your portfolio. And people who are visting these kinds of channels are really here not for something to pass the time. It is just because they want to get good with their life. So thank you so much for all the knowledge you are giving to all the people who are serious.

    • @samr8603
      @samr8603 Рік тому

      I hide it as I dont want people laughing at my small pile.

  • @slandshark
    @slandshark 7 місяців тому +1

    I'm no expert, but the biggest downside of doing an all dividend investment plan is that you lose out on the growth associated with other ETF's. I feel it would be better to invest in growth ETF's that pay a decent (but not high) dividend, then when you are ready to retire switch over to pure dividend ETF's so that you have a more steady income without needing to sell as much % to make your retirement income.

  • @heavyfiregaming9012
    @heavyfiregaming9012 Рік тому +10

    😂😂😂😂 this gotta be the funniest video u have posted

  • @AlpineDividends
    @AlpineDividends Рік тому +2

    I’ve been building a nice dividend portfolio up in Canada over the last few years. Plan to go for a few more decades =)

  • @vnep5743
    @vnep5743 Рік тому +5

    That's interesting about the number of stocks that don't make it long term. A long time ago I used to get a newsletter that promoted specific stocks. One day several years later I came across a copy that I had in a box. So I looked up the stock pick, found that the share price had significantly spiked only to end up back to where is started. Where it then remained. I kind of wonder whether companies that experience this are usually better or worse off for it. Maybe it's comparable to the difference between companies that overestimated the staying power of "the new normal" and expanded too quickly, and those that didn't as they didn't see things staying as they were.

  • @yasufumithebest
    @yasufumithebest 6 місяців тому

    This man is the one man that I don’t want to miss any part of his video.

  • @kyleblackburn9058
    @kyleblackburn9058 Рік тому +7

    Ben Felix has entered the chat. Dividends are baked into total expected returns which includes dividends and capital returns. Going after dividends for the sake of dividends leads to a large cap value tilt, which value is higher expected total return. However, large cap companies have lower expected returns. Dividend only is irrelevant because that is discounted already. There’s even evidence that high dividend popular companies have lower expected returns because people over pay for them thinking that dividends will make you rich

    • @AndreiJikh
      @AndreiJikh  Рік тому +4

      Yep, and if you watch the video, there's half a dozen reasons why dividends can still be the better option despite the lower overall return. If investing was ONLY about overall returns, then we should all be over leveraged real estate investors because that's higher than indexing

    • @zm5668
      @zm5668 Рік тому

      ​@AndreiJikh this is a moronic response and the example makes absolutely no sense

  • @fazzalad
    @fazzalad Рік тому

    my guy, I just moved to the USA, i'm lost as F on investments and taxes, your channel is really helping

  • @Noname-zv9cz
    @Noname-zv9cz Рік тому +5

    Hey andrei! Dividends are awesome!! hope they stay that way for the long future ahead and hope you stay awesome and healthy! Woooo!

  • @soldagold
    @soldagold Рік тому +1

    Finally, somebody with an honest portfolio❤ thanks for your UA-cam videos!

  • @simonbeauvais007
    @simonbeauvais007 Рік тому +6

    Automagically ❤ Good video as usual Andrei. Keep up the good work

  • @alanm87
    @alanm87 Рік тому

    This guy don’t miss!!!
    with the Donkey Kong music in the background ❤

  • @ImBereal
    @ImBereal Рік тому +8

    Hey Andrei been following you for a while. Been doing the dividend strategy like you. Can you make a video on how you translate the money you get from dividends into your bank account? Or do you plan to use Robinhood’s debit card?
    Like, is the plan one day to turn off dividend reinvestment. Then it builds up the checking account on there?
    Out of the hundreds of videos I’ve seen from you. I don’t think there has been one that explains what happens when you reach the endgame.
    Thanks and keep up the good work.

    • @ajeetm
      @ajeetm Рік тому

      +1

    • @ricardopalma3714
      @ricardopalma3714 Рік тому +5

      Hey bereal, yes once you have hit the amount of money that you are satisfied with, you turn off automatic reinvestments, then instead of being of your dividends being reinvested back into purchasing more shares, the dividend payments will now go to your "money market" account, which you can then transfer over to your bank account that you have linked up with your brokerage (I use fidelity brokerage)

  • @faresabusnaina4694
    @faresabusnaina4694 Рік тому

    Watched till 0:56 and I think im gonna start my journey now, thank you so much

  • @ajeetm
    @ajeetm Рік тому +4

    Can you do an episode on robo advisors and how things like tax lost harvesting and direct indexing compare to standard dca’ing into ETFs? Thanks! 🙏🏼

  • @anthonymartin5794
    @anthonymartin5794 Рік тому +1

    That intro was bomb AF 😂

  • @daviddangelo3319
    @daviddangelo3319 Рік тому +11

    I was just thinking that I'd love to see a video from Andrei about SCHD since there has been so much hype around it lately. Great low cost index fund to compliment VOO or VTI in my opinion. I still think keeping VOO or VTI as a larger % is a good idea, but SCHD will provide dividends and lower volatility as a compliment.

    • @zedzed5276
      @zedzed5276 Рік тому +1

      just buy the underlying stocks and skip the fees

    • @daviddangelo3319
      @daviddangelo3319 Рік тому

      True

    • @fishnmetal4383
      @fishnmetal4383 Рік тому

      I like SCHD

    • @sgonged
      @sgonged Рік тому

      voo for broad range, schd for dividend and vug for growth.
      Got you covered.

  • @Booneface
    @Booneface Рік тому +1

    Just loving that Cosmo canyon soundtrack

  • @BrentInvesting
    @BrentInvesting Рік тому +6

    Aye FF7 Red XI background song haha 😂, love it

    • @AndreiJikh
      @AndreiJikh  Рік тому +3

      Ayyeeee a man of culture!

    • @Gankhisprawn
      @Gankhisprawn Рік тому +1

      Came here to say this, I recognized Cosmo Canyon as soon as I heard it. Men of culture, unite.

  • @sarahkitts8611
    @sarahkitts8611 Рік тому

    I really appreciate your humor and general silly nature.

  • @ericallen3006
    @ericallen3006 Рік тому +13

    I have a question, I know you can't give financial advice, but in general what would be better for someone who has little to invest each month. Would concentrating on one good ETF be better than diversifing into several different ones? I feel like when I try to diversify I am spreading my investments thin.

    • @plantgains6307
      @plantgains6307 Рік тому +4

      VTI.

    • @fishnmetal4383
      @fishnmetal4383 Рік тому +2

      I do both. I like SCHD

    • @ZC965Tt
      @ZC965Tt Рік тому

      I think that diversification of investment is not equal to diversification of investment. Only by diversifying investment in investment targets with low correlation can the effect of risk diversification be truly achieved. What do you think of this?

  • @danstevens6495
    @danstevens6495 Рік тому +1

    The beginning sounds like Gary Vee explaining nfts

  • @BarbellFinancial
    @BarbellFinancial Рік тому +12

    Andrei we want more crypto content and transparency about your portfolio! Those videos were great.

  • @thejourneyretold
    @thejourneyretold Рік тому +1

    My god that intro summed up all of the get-rich people who have never actually done it lol

  • @JoEmAmMaSoN
    @JoEmAmMaSoN Рік тому +7

    Hey andrei it’s been a while since I’ve watched your videos. Glad to be back though and glad you’re still making killer vids cheers mate

    • @AndreiJikh
      @AndreiJikh  Рік тому +1

      thanks for the kind words and thanks for stopping by!

  • @Avgfireman
    @Avgfireman Рік тому

    Legendary intro.
    Love the FF7 music in the background too at the beginning

  • @aidanpetersen8425
    @aidanpetersen8425 Рік тому +7

    For anyone wondering, using some crude maths, a $5 coffee a day (assuming 10% annualised interest) is abt $1900
    To get to $1.5mil would take about 45 years of 5$ daily coffees.

    • @AndreiJikh
      @AndreiJikh  Рік тому +6

      So you're telling me there's a chance....

  • @AJ-rc5lr
    @AJ-rc5lr Рік тому

    exactly why i invest in dividend ETF, as someone who really love cashflow, i really love SCHD, they are probably one of the best ETF to have in a portfolio, because you won't be scared of not getting dividend as they will swap any company that no longer gives dividend and replace it with a new holding.
    And when time goes bad and most people who held just equities that doesn't do dividend, they have to sell their position in order to liquidate.

  • @ryskajo2859
    @ryskajo2859 Рік тому +4

    You've always been my favorite "youtuber" sooooo much great and CLEAR info! Thx

  • @real_hb4k
    @real_hb4k Рік тому

    Thi sis the best intro I've ever seen....!!! KOODOS!

  • @stevencats7137
    @stevencats7137 Рік тому +3

    HELP. I’m so confused. Nobody seems to answer “do dividend ETFs outperform an SP500 ETF over the long term when dividends are reinvested?”
    I hAve been looking literally everywhere for this and haven’t found a set answer. Some say yes some no.

    • @Jakkaribik1
      @Jakkaribik1 5 місяців тому

      If you Do not get Dividend they stay inside and grow faster thus you have much more money to sell Shares

  • @PLo_Trades
    @PLo_Trades Рік тому

    Thanks to Andrei, I have picked up the habit of using the term, "automagically"

  • @FrancisFurtak
    @FrancisFurtak Рік тому +7

    Always a positive experience watching your videos! Thanks

  • @mrjasonharter
    @mrjasonharter Рік тому +1

    This was one of your best vids yet- thanks!

  • @WackyPacky
    @WackyPacky Рік тому +3

    Dividend Andrei is best Andrei

    • @AndreiJikh
      @AndreiJikh  Рік тому +1

      dawwwww

    • @WackyPacky
      @WackyPacky Рік тому

      ​@@AndreiJikh the king has replied! Big fan, I created my current portfolio by taking inspiration from yours!

  • @SwissCheese112
    @SwissCheese112 14 днів тому

    The problem is, he speaks about all this financial success and retiring early and that is great. But, where is your wife, your kids the stuff that matters and makes life worth it.

  • @AzrewYT
    @AzrewYT Рік тому +5

    Super great video, this reignited my investing bug. I’m 21 doing my Roth IRA and have about 2K in it so far. I placed an order for the Charles Schwabb ETF. Im excited to do more investing in my twenties as I grow my income and knowledge with both investing and life in general. I can’t wait to see more videos like this. Love your passion! See you Friday :)

  • @theflash691
    @theflash691 Рік тому +1

    This is Howie Dewitt

  • @d0palwh56
    @d0palwh56 Рік тому +5

    $47,700 won't be worth much in 20 years.

    • @AndreiJikh
      @AndreiJikh  Рік тому +18

      I'll take that over $0 in 20 years anyday

    • @d0palwh56
      @d0palwh56 Рік тому +1

      @@AndreiJikh I'm thinking of it more in terms of opportunity cost. I totally get the attraction of dividend stocks, but ultimately in 20 years, is there somewhere else where the capital could have been parked over that time which would have provided significantly higher returns? Obviously I, like everyone, have no crystal ball, but I think that's the question to be asking.

    • @Xilent_Nexus
      @Xilent_Nexus Рік тому

      At least you know you will have that amount projected. With capital gains, there is no clue to know what will happened in the market by the time for retirement.

  • @Shaniloka369
    @Shaniloka369 Рік тому +1

    It's confusing. Can you just show us instead of telling us what you made? Narrow it down or simplify it where is easier to understand

  • @markom001
    @markom001 Рік тому +6

    Hey Andrei, how do you do that slideshow? You mentioned ChatGPT, but could you do a tutorial? Thanks!

  • @GoodTimeDev
    @GoodTimeDev Рік тому

    love this, don't ever stop uploading vids plz

  • @jonathanzach903
    @jonathanzach903 Рік тому +3

    Good video. I enjoy a 3 ETFs portfolio (SP, 500, SCHD, JEPI) and 25 individual stocks ranging from apple, BOFA, J&J, Reality Income, to more risky names like Tesla and others . But planning to prob sell the more risky ones

    • @shafhots
      @shafhots Рік тому +1

      isn't JEPI'S expense ratio high?

    • @jonathanzach903
      @jonathanzach903 Рік тому

      @@shafhots I think it is a little bit bc it is actively managed as opposed to a passive ETF. But the reason for that is that they use a call options strategy on JEPI

    • @shafhots
      @shafhots Рік тому

      @@jonathanzach903 I currently invest in VOO,SCHD AND SCHY and I was looking to add JEPI. what's your JEPI portfolio %?

    • @JamesH-mt4it
      @JamesH-mt4it Рік тому

      Your portfolio is similar to mine. I'm invested mostly in VOO, SCHD and a small amount of QYLD and also have around 20 individual stocks including Apple, JNJ and Realty Income. I also have ABBV, Altria for dividends and for growth I have names like Tesla, Meta, Shop and others

    • @Nufreak01
      @Nufreak01 Рік тому

      @@shafhots.35% yes

  • @NitroxVsGaming
    @NitroxVsGaming Рік тому

    *Furiously takes notes at the beginning of the video*

  • @JeffMuhlbach
    @JeffMuhlbach Рік тому +4

    What are your thoughts on JEPI?

  • @DeLaCruz878
    @DeLaCruz878 Рік тому

    Techno Cosmo Canyon LOL

  • @CherryPauper
    @CherryPauper Рік тому +3

    Dividends are for people who are already wealthy.

  • @oliviaralston1
    @oliviaralston1 9 місяців тому +2

    Successful people don't become that way overnight. What most people see as a glance of wealth, a great career, and purpose is the result of hard work and hustle over time. I pray that anyone who is reading this will be successful in life,.,.,..

  • @ninjathreatplayz3354
    @ninjathreatplayz3354 Рік тому +3

    Two Questions:
    What app were you using during the slideshow presentation and What do you think about ADR stocks with high dividend yields? (The ones not going bankrupt)

  • @El_DeLeon
    @El_DeLeon Рік тому

    9:44 that card flick and catch was dope!

  • @CameronL
    @CameronL Рік тому +4

    What app is showing the data points on screen?

  • @BashxSaiyan
    @BashxSaiyan Рік тому +1

    Im 33.I have a couple shares of some etfs i dont make much from them, but its good to have them. I moved the money in my 401k from my previous jobs to a Roth IRA, and now I'm just trying to pay off credit card debt and build an emergency fund. Small steps.
    Also the music you use 🤯👏🏽

  • @Hermanjackson89
    @Hermanjackson89 Рік тому +3

    This is impressive content you have here, There's something I'd always share concerning working with a financial professional can actually help you prepare for life financial struggles. I'm glad I was able to call my coach John Desmond Heppolette since I was actively cashing out from my portfolio and finally made over 370k just in the first quarter while everyone else was crying about the downturn. early this year.

  • @vanfja
    @vanfja Рік тому

    Dang! The grocery advice is super key!

  • @Willycheng590
    @Willycheng590 Рік тому +3

    I've made my first lump sum through money I saved aside and invested in the stock market. All I can say is that nothing beats expertise when it comes to one's making lucrative financial investments.

  • @trueLuminus
    @trueLuminus Рік тому

    I remember prestidigitation from Akeelah and the Bee.