I personally automatically reinvest my dividends, at this stage I don't need to have extra income to I would rather have this money invested. Great video Tracey 🙌
Awesome content Tracey👍🌹 One question: instead of selecting “dividend reinvestment option” when purchasing VHY etf…what if I reinvest all dividend incomes by purchasing other high dividend yield shares ..would this also be considered achieving “compounding effects “? Thanks heaps 🌈🌹
@@TraceyEdwards thank you Tracey🌹🌈 I’ve been binge watch ALL your videos along with Robert Kiyosaki money mindset! WOW! Completely shift my mindset towards money🌎💸 It’s about acquiring positive cash flow generating Equities/Assets ! Using healthy debt as tool and be tax savvy 🤓🙏 Thank you for spreading wisdom and positivity around the globe 🌎🌈🌹 Mwah 😘 🌹🌈😄
Does Australia have its brokerages offering fractional shares? In the US I don’t use drip anymore because fractional shares have become very popular. Why keep investing in one company if I can invest dividends in another that I may find cheaper.
Thank you. One reason I think I would choose to reinvest myself rather than use DRIP is that I can choose to do so when there's a dip in the market. Depending on how much I'm buying of course, this would likely offset the broker fees.
That’s why I chose m1 finance due to the reinvesting in your underweight companies. Of course you get to choose you %target allocations. It’s like drip but it goes to the companies that have dipped a bit. 😀
jenna mcna each brokerage will pay out on different days for the same company. But if you find out the ex dividend date it is usually paid 2-3 weeks after that. There isn’t a specific payout date.
Thanks for another great video. I generally reinvest where I can but some I leave to help with trading costs. As you say it depends what your goals are. A small suggestion would you mind linking your book titles into your video in future. I know I can look it up but saves time for new viewers. Cheers.
Hi Tracey What do you think of buying Sydney Airport?, it's on a huge discount from their pre covid price, and if it goes back to the same in the next 5 years their usual dividend yield is 7%, which will be much higher if buy at todays price
Hi Sam, I would look in what a post covid world is going to look like in regards to airline travel. My gut feel is that Sydney Airport could be a turnaround but might take 2-3 years before dividends start flowing at pre-covid levels. All this is dependant on how soon we will have a vaccine.
@@wealth.manage Hi Live, yes I agreee... well i actually bought some shares in SYD airport at the time of writing my original message so far I'm up 5% and planning to hold for long term.
Younger people can invest in blue-chip stocks with a DRIP . They need to be great stocks that you would think would be around for a while. A 20-30 year-old investing in some dividend-paying stocks with a DRIP can set up some serious income for the twilight years of their life with the compounding effect, potential capital gain, and the dividend growth.
Hey Chris interesting thought have you considered the oppourtnity cost of investing in Dividend stocks over growths stocks especially if you are 20-30 years old. Might be worth looking into espescially if you have such a long time horizon to invest.
Can you do a quick video on how to set up a dividend reinvestment plan please?
I personally automatically reinvest my dividends, at this stage I don't need to have extra income to I would rather have this money invested. Great video Tracey 🙌
Thanks Queenie!
Awesome content Tracey👍🌹
One question:
instead of selecting “dividend reinvestment option” when purchasing VHY etf…what if I reinvest all dividend incomes by purchasing other high dividend yield shares ..would this also be considered achieving “compounding effects “?
Thanks heaps 🌈🌹
Yes you can totally do this 😊
@@TraceyEdwards thank you Tracey🌹🌈 I’ve been binge watch ALL your videos along with Robert Kiyosaki money mindset!
WOW! Completely shift my mindset towards money🌎💸
It’s about acquiring positive cash flow generating Equities/Assets ! Using healthy debt as tool and be tax savvy 🤓🙏
Thank you for spreading wisdom and positivity around the globe 🌎🌈🌹
Mwah 😘 🌹🌈😄
What Australian Portfolio website do you use? I want to use M1 Finance but they don't offer any services for Australians.
@Tracey Edwards Isnt whats-app is a communication app?
Does Australia have its brokerages offering fractional shares? In the US I don’t use drip anymore because fractional shares have become very popular. Why keep investing in one company if I can invest dividends in another that I may find cheaper.
Hi Tracey
Do I have to pay tax on these dividends if they are reinvested?
Thanks
Adrian
Do you have any idea about writing call options while waiting for dividend to mature.
I've never invested in options, but it would make a great video. I'll do some research.
Thank you.
One reason I think I would choose to reinvest myself rather than use DRIP is that I can choose to do so when there's a dip in the market. Depending on how much I'm buying of course, this would likely offset the broker fees.
That’s why I chose m1 finance due to the reinvesting in your underweight companies. Of course you get to choose you %target allocations. It’s like drip but it goes to the companies that have dipped a bit. 😀
what about ANZ BONUS OPTION PLAN? as well as the DRP?
great video and keep up the good work Tracey! Simple explanation with some real good ground work! Thanks
I've just bought vanguard high yield etf - how do we find out when the dividend is paid?
jenna mcna each brokerage will pay out on different days for the same company. But if you find out the ex dividend date it is usually paid 2-3 weeks after that. There isn’t a specific payout date.
Check ASX website and type in your company. It'll tell you the ex dividend date and the payment date.
Do you have a commsec Pockets video
Absolutely loved this video!
Hello Tracey, thanks for another brilliant vlog.👍
Thanks for another great video. I generally reinvest where I can but some I leave to help with trading costs. As you say it depends what your goals are. A small suggestion would you mind linking your book titles into your video in future. I know I can look it up but saves time for new viewers. Cheers.
thanks ma'am
Thanks again for another informative video, Tracey. Hope all is well in your world.
Hi Tracey What do you think of buying Sydney Airport?, it's on a huge discount from their pre covid price, and if it goes back to the same in the next 5 years their usual dividend yield is 7%, which will be much higher if buy at todays price
Hi Sam, I would look in what a post covid world is going to look like in regards to airline travel. My gut feel is that Sydney Airport could be a turnaround but might take 2-3 years before dividends start flowing at pre-covid levels. All this is dependant on how soon we will have a vaccine.
@@wealth.manage Hi Live, yes I agreee... well i actually bought some shares in SYD airport at the time of writing my original message so far I'm up 5% and planning to hold for long term.
I have capital gains and dividends on auto reinvest! Great vid beautiful❤
Didn't know you could do that with capital gains!
@@lilyofthevalley4740 - Yes that along with dividends will help grow your portfolio faster!
Looking fit Tracey 👍
However over 15 years it probably would be interesting to factor in the cost of leaving.
Younger people can invest in blue-chip stocks with a DRIP . They need to be great stocks that you would think would be around for a while. A 20-30 year-old investing in some dividend-paying stocks with a DRIP can set up some serious income for the twilight years of their life with the compounding effect, potential capital gain, and the dividend growth.
Hey Chris interesting thought have you considered the oppourtnity cost of investing in Dividend stocks over growths stocks especially if you are 20-30 years old. Might be worth looking into espescially if you have such a long time horizon to invest.
I drip depending on the company.
DRP is great for taking away the temptation to spend your dividend income!
I couldn't agree more Felippe. Most of the returns that you get from the stock market are from reinvesting you dividends.
Compounding away , great video.
What percentage increase have you seen after four years if you don't mind me asking?
Just save the money and make a smart purchase yourself. Drp just buys more at whatever market price is, even if it's not a good price anymore
I wonder if everyone using DRIP affects the market price on the day this takes place? Interesting...
Cba share price now at $95 😁
Just on time. I've received a letter yeste5asking if I would like to participate DRIP,.
$15k is a significant amount! DRIP for the win.😊
SXL