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The first point is the one that impacted my investing journey the most, although it wasn't exactly naysayers but rather me changing my strategy multiple times when I should've just stuck with dividends.
For what it’s worth, you may be the only UA-camr who’s recommendation actually matters to me. I trust that you do your due diligence to ensure you recommend something that’s actually worth it and not simply because they are throwing you money. Congratulations on the sponsorship man!
Hey Mike!! Yeah I get brands reaching out to me all the time and almost all of them I just don't feel comfortable promoting. Of all the tools out there, I think snowball can be a good value if you use it.
New subscriber here, and with about 4-5 more years till retirement, have built up a substantial savings in our retirement accounts, plan on living off the dividends using ETF'S like SCHD, DGRO, FDVV, Jepi or JEPQ and to a lesser extent have some growth like VOO and QQQM. I should be able to generate $6,000-$8,000 per month on the dividends, and leave the principal intact. Great and common sense video. 😊
4:23 I'm using JEPQ as a secondary income source so I can keep getting more stocks without adding more working hours. I plan on ditching it in a few years since my goals will have changed, but the monthly accrument excites me and I got a list of stocks waiting :D
Thank you for sharing your experience., I agree with every thing you mentioned in your video, except VZ is mistake. If you buy VZ today @6.53% and growth @1.95%, and reinvest the dividend, at end of five years, your YOC will be 9.15%. Even if don't reinvest your dividend your YOC will be 7.05%. Unless you believe VZ about to cut their dividend, I think VZ is a good buy
I'm referring to investing into VZ if you are 20 years old and plan to live off the dividend at the age of 50. Now if you are 50 years old and plan to live off the income from VZ at 55 years old, then yeah why not!
congrats on the sponsorship and taking one for the team for us! usually i would doubt how sincere that is but given how authentic you are i truly appreciate it 🙏
Thank you for saying that! I always think about that example of touching the hot stove.. We all have to learn either from personal experience to not the the hot stove, or listen to someone else who has touched it and learn from them. Sadly (myself included) most people have to touch it and learn the hard way in life.
Thank you Jake for great video as always. Do you mind to make a video on how to convert 401k to Roth IRA and also how can we use backdoor Roth IRA? Thank you!
Another great video. I don’t know if you’ve already done a video on this or not, but how about pointing out the differences of what you might want to put in your Roth versus your taxable account since there’s tax advantages in the Roth.
I understand time horizon. However if you have a 80 / 20 portfolio Using something like BDCs REITs and jepq or jepi instead of just bonds is not a bad idea.
Understand how your dividend is taxed, e.g. qualified vs non-qualified. Also going for a high dividend when you have a long-term time horizon is not ideal. You want to find the right balance of growth and yield.
Amen, preach brother preach. I’ll be braking 6k a year this year and without selling my stocks. Also is on a Roth IRA so no taxes for me. I’ll be moving all my 401k little by little when I retire to avoid as much as possible in taxes. When it get to my kids when I die, is going to be tax free
Nice!!! I need to learn to do back door Roth conversions. I’ll be retiring next year. Also still have 70k in stocks in my investment account that I need to sell and convert.
The thing about yield is that your entire investment lifetime has been in the middle of the greatest bull market of history where there has been an insane multiple expansion and growth has dominated the market returns. Of course you will have been pushed towards investing in growth and rewarded for investing in companies with low yield. That won't always be the case.
The thing i liked about getting some cc etf's early is that it gave me a boost to my income to show my bank to get a loan for some property. The loan officer was quite pleased that i had enough passive income through that which even if i couldn't work, i could sneak by on the payments. There's a lot of creative aspects to dividend investing beyond generic time horizon to consider. One of my friends has a high yield account that funds an annual month long vacation over seas. He's nowhere near retirement, but his dividends cover the trip for him unrelated to any of his retirement funds.
well its definitely not black or white when it comes to this. Each of those examples you mentioned is based on that person's goals/time horizon of how they plan to use their dividends. There is no one size fits all and that is what makes it so great, but also it can make it challenging for some.
Hi Jake! Nice video! Question, I have seen in many of your videos that you use certain tools like an excel sheet, etc to estimate future growth / revenue. In one of your videos you mentioned that theses tools were created by you and they are free but I haven’t been able to to find a link to access it or is this something you only provide after booking 1:1 with you? Thanks.
Hey there! Thanks for watching! The link is here: Dividend reinvestment calculator docs.google.com/spreadsheets/d/1W8UvXLZdEpVX-UPTKiHIT1oYIkj7Omvf30FgB3FTKWY/edit?usp=sharing You can also watch this video where I talk about how you can use it in this video: ua-cam.com/video/flT1jIe8pt0/v-deo.html
@@DividendGrowthInvestingthank you! For your help can you let me edit I sent a red quest for asses so I can add my on numbers on the spreadsheet. You help so much I appreciate you. 😊
I have a question for you. I have a 401k and my work is switching owner at the end of the month so I'll have a chance to roll over $150 k into A rollover IRA. Currently I have invested 20k in Spyg in a Roth and 20k each of SCHD, DGRO and VYM in my brokerage. My question is should I invest all my 150k into Spyg and continue to collect my shares of the others in my brokerage or should I divide it evenly into all 4 ETFs? I'm 47 hopefully looking to partially retire in 10 years
Thank you. Great video! Another mistake could be to copy a famous investor or you tuber portfolio. I started investing following a you tuber(that you follow too) and I copied part of his portfolio which wasn't that bad compared with I also followed his advice investing in Voyager. After Voyager failed he closed his crypto channel. Unfortunately he didn't make videos about dealing with Voyager bankruptcy and recovery process. I'm not complaining just sharing my mistake. I learned a lot from that experience and I still watching his videos but I'm more cautious.
I'm starting fresh on my FIRE journey and was making use of your dividend reinvestment calculator. When I was playing around with it and allocated all of the deposits to 100% SCHD, the numbers blew up. So, my question: is there a reason not to just put everything in SCHD? I get why you wouldn't want to invest everything in a single stock, but not seeing the problem with doing it for an ETF.
Thanks for watching!
▸ Try Snowball Analytics: dgitofi.com/SnowballAnalytics
Use Promo code: DGI
▸ Try Seeking Alpha Premium: seekingalpha.me/dividendgrowthinvesting
▸ Try M1 Finance: dgitofi.com/TryM1
▸ Book 1:1 time with me to talk about your portfolio: dgitofi.com/TalkWithJake
The first point is the one that impacted my investing journey the most, although it wasn't exactly naysayers but rather me changing my strategy multiple times when I should've just stuck with dividends.
sometimes we can be our own worst naysayer
For what it’s worth, you may be the only UA-camr who’s recommendation actually matters to me. I trust that you do your due diligence to ensure you recommend something that’s actually worth it and not simply because they are throwing you money. Congratulations on the sponsorship man!
Hey Mike!! Yeah I get brands reaching out to me all the time and almost all of them I just don't feel comfortable promoting. Of all the tools out there, I think snowball can be a good value if you use it.
New subscriber here, and with about 4-5 more years till retirement, have built up a substantial savings in our retirement accounts, plan on living off the dividends using ETF'S like SCHD, DGRO, FDVV, Jepi or JEPQ and to a lesser extent have some growth like VOO and QQQM.
I should be able to generate $6,000-$8,000 per month on the dividends, and leave the principal intact.
Great and common sense video. 😊
Welcome! All really great ETFs! That is a lot of income!
The star wars nerds were hilarious. Yikes 😂
lololol nerds unite!
4:23 I'm using JEPQ as a secondary income source so I can keep getting more stocks without adding more working hours. I plan on ditching it in a few years since my goals will have changed, but the monthly accrument excites me and I got a list of stocks waiting :D
JEPQ is one of my largest holdings. If you are looking for income, I think its a great choice!
Thank you for sharing your experience., I agree with every thing you mentioned in your video, except VZ is mistake. If you buy VZ today @6.53% and growth @1.95%, and reinvest the dividend, at end of five years, your YOC will be 9.15%. Even if don't reinvest your dividend your YOC will be 7.05%. Unless you believe VZ about to cut their dividend, I think VZ is a good buy
I'm referring to investing into VZ if you are 20 years old and plan to live off the dividend at the age of 50. Now if you are 50 years old and plan to live off the income from VZ at 55 years old, then yeah why not!
congrats on the sponsorship and taking one for the team for us! usually i would doubt how sincere that is but given how authentic you are i truly appreciate it 🙏
Thank you for saying that! I always think about that example of touching the hot stove.. We all have to learn either from personal experience to not the the hot stove, or listen to someone else who has touched it and learn from them. Sadly (myself included) most people have to touch it and learn the hard way in life.
Any books for additional info on how to invest for the correct time horizon?
Thank you Jake for great video as always. Do you mind to make a video on how to convert 401k to Roth IRA and also how can we use backdoor Roth IRA? Thank you!
Sure thing!
@@DividendGrowthInvesting Thank You!
Another great video. I don’t know if you’ve already done a video on this or not, but how about pointing out the differences of what you might want to put in your Roth versus your taxable account since there’s tax advantages in the Roth.
I understand time horizon. However if you have a 80 / 20 portfolio
Using something like BDCs REITs and jepq or jepi instead of just bonds is not a bad idea.
all comes down to your goals
How do you prepare for taxes in a standard investing account?
I know you can't give tax advice.
So I'm looking for an example of what you do?
Understand how your dividend is taxed, e.g. qualified vs non-qualified. Also going for a high dividend when you have a long-term time horizon is not ideal. You want to find the right balance of growth and yield.
Amen, preach brother preach. I’ll be braking 6k a year this year and without selling my stocks. Also is on a Roth IRA so no taxes for me. I’ll be moving all my 401k little by little when I retire to avoid as much as possible in taxes. When it get to my kids when I die, is going to be tax free
very smart!! I converted my 401k into my Roth IRA last year. So glad that I did! Tax free for the rest of my life!
Nice!!! I need to learn to do back door Roth conversions. I’ll be retiring next year. Also still have 70k in stocks in my investment account that I need to sell and convert.
@@walterramirez3287 it’s so easy to do. You can call your brokerage to help you if you need to
@@DividendGrowthInvesting thanks for the advice.
The thing about yield is that your entire investment lifetime has been in the middle of the greatest bull market of history where there has been an insane multiple expansion and growth has dominated the market returns. Of course you will have been pushed towards investing in growth and rewarded for investing in companies with low yield. That won't always be the case.
true
That's assuming the past repeats... It doesn't we learn from it. As we add in Ai a lot of things will be solved. Our job will be to live.
The thing i liked about getting some cc etf's early is that it gave me a boost to my income to show my bank to get a loan for some property. The loan officer was quite pleased that i had enough passive income through that which even if i couldn't work, i could sneak by on the payments.
There's a lot of creative aspects to dividend investing beyond generic time horizon to consider.
One of my friends has a high yield account that funds an annual month long vacation over seas. He's nowhere near retirement, but his dividends cover the trip for him unrelated to any of his retirement funds.
well its definitely not black or white when it comes to this. Each of those examples you mentioned is based on that person's goals/time horizon of how they plan to use their dividends. There is no one size fits all and that is what makes it so great, but also it can make it challenging for some.
@@DividendGrowthInvesting yeah, i think far to much of this space is revolved purely on retirement and not about living.
@@delbomb3131 100%!
Hi Jake! Nice video!
Question, I have seen in many of your videos that you use certain tools like an excel sheet, etc to estimate future growth / revenue. In one of your videos you mentioned that theses tools were created by you and they are free but I haven’t been able to to find a link to access it or is this something you only provide after booking 1:1 with you? Thanks.
Hey there! Thanks for watching! The link is here: Dividend reinvestment calculator
docs.google.com/spreadsheets/d/1W8UvXLZdEpVX-UPTKiHIT1oYIkj7Omvf30FgB3FTKWY/edit?usp=sharing
You can also watch this video where I talk about how you can use it in this video: ua-cam.com/video/flT1jIe8pt0/v-deo.html
@@DividendGrowthInvestingthank you! For your help can you let me edit I sent a red quest for asses so I can add my on numbers on the spreadsheet. You help so much I appreciate you. 😊
@@OscarCastillo-fl9dw Hey! After you go to the link, click on file and click make copy and you can save your own to edit.
I have a question for you. I have a 401k and my work is switching owner at the end of the month so I'll have a chance to roll over $150 k into A rollover IRA. Currently I have invested 20k in Spyg in a Roth and 20k each of SCHD, DGRO and VYM in my brokerage. My question is should I invest all my 150k into Spyg and continue to collect my shares of the others in my brokerage or should I divide it evenly into all 4 ETFs? I'm 47 hopefully looking to partially retire in 10 years
Would be good if you made a video expanding on things your learn about taxes so your viewers can learn from them.
I'll put some stuff together. Those videos always perform poorly because its not the most exciting topic.
@@DividendGrowthInvesting do it around tax seasons. For sure it will gain traction then.
Is anyone here besides me old enough to remember Kudos granola bars?
of course!
Yeah, but they were really just candy bars. 😂😂
Thank you. Great video!
Another mistake could be to copy a famous investor or you tuber portfolio.
I started investing following a you tuber(that you follow too) and I copied part of his portfolio which wasn't that bad compared with I also followed his advice investing in Voyager. After Voyager failed he closed his crypto channel. Unfortunately he didn't make videos about dealing with Voyager bankruptcy and recovery process.
I'm not complaining just sharing my mistake.
I learned a lot from that experience and I still watching his videos but I'm more cautious.
I know exactly what you're talking about... We all make mistakes. Even the best (or not the best) of intentions can go wrong.
Congratulations on getting a sponsorship! And the clip was hilarious as always. 🤣
Thank you!!
Dividends for life!
yes!!!!
Whats taxes?
there's no such thing as taxes if you don't pay them :D
@@DividendGrowthInvesting haha
Can you do a video of 401k
Best thing about Sundays.
@@girldaddividendinvestor so glad to hear you say that!! Happy Sunday!! 🙌🙌🙌🙌
Great video and many good points to know!!!
Glad it was helpful!
Thank you very much
Thanks for watching!
Those clips man... nerds unite? OMG!! 🤣
lololol :D
I'm starting fresh on my FIRE journey and was making use of your dividend reinvestment calculator. When I was playing around with it and allocated all of the deposits to 100% SCHD, the numbers blew up. So, my question: is there a reason not to just put everything in SCHD? I get why you wouldn't want to invest everything in a single stock, but not seeing the problem with doing it for an ETF.
I actually responded to this in my video that I recorded today. It will be posted on Sunday. Thanks for the question!
💰💰💰
hey there!! Happy Sunday!
Getting married in a secular society is a mistake every investor should avoid
lol :D
Woah what does secular mean
@@brentchackel8649 doesn't believe in god
My NaMe JyEffff
🤣💕
lolol omg....