The POWER Of Dividend Investing! Quit Your Job & Live Off Dividends

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  • Опубліковано 4 тра 2024
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КОМЕНТАРІ • 103

  • @MinorityMindset
    @MinorityMindset  24 дні тому +1

    Join Market Briefs for FREE and get my daily financial newsletter: briefs.co/market/jaspreet
    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!

  • @jayc4715
    @jayc4715 23 дні тому +38

    To live off dividends you need TONS of cash

    • @MrOskiee
      @MrOskiee 23 дні тому +14

      If you want to live off divs right now. But say... 10 to 15 years, investing every pay check and rolling earnings back into the divs. Depending on circumstances, it's possible.

    • @josephrelaford6826
      @josephrelaford6826 22 дні тому +3

      Move overseas

    • @CryptoBoblicious
      @CryptoBoblicious 12 днів тому +1

      After that video I see, need realla a ton of cash

    • @techshark6181
      @techshark6181 9 днів тому

      Now triple that a d that is what you'll need if you don't do it the Dividend way

    • @neritzayelena
      @neritzayelena 7 днів тому

      Moving to Panama Canal 👍🇵🇦🌎😎

  • @twitchyrats5252
    @twitchyrats5252 23 дні тому +19

    Let us all take a moment to thank our cousin, Bunti, for the sacrifice he has made in teaching us how to lose money. May he forever set the example that we should never follow.

  • @waltermusema3303
    @waltermusema3303 23 дні тому +54

    Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 2.1BTC to a decent 15B TC in the space of a few weeks... I'm especially grateful to John Preston, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..

    • @catherinelyng1353
      @catherinelyng1353 23 дні тому

      Please how do I go about it, am still a newbie on investment trading and how can I make profit?🙏

    • @waltermusema3303
      @waltermusema3303 23 дні тому

      HE’S MOSTLY ON TELEGRAMS APPS WITH THE BELOW NAME..

    • @waltermusema3303
      @waltermusema3303 23 дні тому

      @johnPtrader ⭐⭐⭐

    • @virginiakershaw6119
      @virginiakershaw6119 23 дні тому

      I agree that there are strategies that can be used to generate solid profits regardless of the state of the economy or market, but such implementations are usually carried out by investment experts or advisors with experience.

    • @julienestefani8117
      @julienestefani8117 23 дні тому

      What impresses me most about John is how well He explains basic concept of winning before actually letting you use his trade signals. This goes a long way to ensure winning trades..👍👍

  • @Everthus4
    @Everthus4 23 дні тому +4

    Thank you very much. Financial education is crucial these days. No one will teach this in school. But every person need this.

  • @D4rkBl4de
    @D4rkBl4de 24 дні тому +25

    I'm trying to start building my little dividend snowball! The Canadian dollar is collapsing, I'm getting no raises so I'll need a way to make more money passively if I want a roof over my head. I fear I'm too late in discovering this. Inflation is absolutely insane.

    • @Angular777
      @Angular777 23 дні тому +3

      Yeah, who saw crazy inflation incoming: just everyone who has common sense.

    • @D4rkBl4de
      @D4rkBl4de 23 дні тому +7

      @@Angular777 I did not. I didn't understand anything economy-wise until this past year. Nobody teached me anything about the economy. I thought this was just gonna pass and return to normal, never expected this inflation. I believe everybody that was telling me get a career and you'll be good which never happened. Didn't think I needed to do anything more than become a software developer and just work hard. But I'm trying to learn now :(

    • @mrwright788
      @mrwright788 23 дні тому +1

      Hey we all there, the point is, once you have this information, use it, start working on setting yourself up for the future and stop buying dumb shit.

    • @Angular777
      @Angular777 23 дні тому +4

      @@D4rkBl4de I apologize, I forget that young people DO exist! :) who were not around during a previous economic downturn.

    • @D4rkBl4de
      @D4rkBl4de 23 дні тому +4

      @@Angular777 I wish somebody would'Ve told me about these dividend strategies when I was 18

  • @tropicalbreeze-hh3sh
    @tropicalbreeze-hh3sh 23 дні тому +1

    Right on spot, thank you very much. Till next time

  • @jongroover3606
    @jongroover3606 24 дні тому +4

    Good morning Jaspreet!

  • @EricaJ-hy4vo
    @EricaJ-hy4vo 20 днів тому

    This is so easy and straightforward. I took an economics class and this video got me to understand concepts that just flew over my head then. Thank you so much

  • @snoopanoop7705
    @snoopanoop7705 24 дні тому +3

    Keep up the awesome content as always

  • @JaGGeR-
    @JaGGeR- 23 дні тому +4

    I'll quit my job and live off your dividends.

  • @DekiU310621
    @DekiU310621 21 день тому

    Thank you sooo muchhh, i lovee you !!!!!!!

  • @carlosrodrigues564
    @carlosrodrigues564 22 дні тому +1

    Thanks

  • @terid6708
    @terid6708 22 дні тому

    I absolutely love your content. You are putting into words the steps I've taken, and am enjoying moderate success. I'm also a few decades older than you. wish you were around when I was younger! For now, the ads, are getting very aggravating! They come in at exactly the wrong place, and just ruin everything. Can you do anything about the placement maybe? Thank you for all the effort you are putting into this channel 😃🤓

  • @passionzhere
    @passionzhere 23 дні тому +5

    Bro ,if u give money to ur cousin bunty ,he will never give u back u will be lucky if he even picks ur phone 😅

  • @mk1fourwinds62
    @mk1fourwinds62 20 днів тому +1

    Ohhhh, how many investment experts talk to you about the 10% stock market. Thanks for keeping it real.

    • @Nigriff
      @Nigriff 13 днів тому

      Most investors make money when you invest

  • @veronicaegidio2374
    @veronicaegidio2374 23 дні тому

    Are REITS tied to commercial real estate safe with what is to come for commercial real estate?

  • @josephrelaford6826
    @josephrelaford6826 24 дні тому +11

    Dividends and social security

    • @Nigriff
      @Nigriff 13 днів тому

      Never rely on government. Social Security might not exist soon

  • @Martin-og9zg
    @Martin-og9zg 23 дні тому +3

    How much does a person need to make to be able to quit their job with inflation going the way it's going?

  • @MikesGarageRoute66
    @MikesGarageRoute66 24 дні тому

    I always enjoy your videos

  • @matthewanderson7449
    @matthewanderson7449 24 дні тому +2

    I agree with you! Investing in individual stocks is definitely not passive. In many ways it’s a living nightmare. One minor decision by upper management can send the stock rocketing into the ground. Funds are the only way to go with your nest egg for obvious reasons. Then use some play money that you can get into some stocks with.

  • @jacquesjourney
    @jacquesjourney 5 днів тому

    Hey Shelise, I'm interested in your new classes. Can you tell me what workbook is being offered with the class? I won't be able to attend the May 25th class, but I will be attending the June class.

  • @christopherangelgil1985
    @christopherangelgil1985 23 дні тому

    My favorite video of all💯😎💪🔥🔑

  • @walibaker7335
    @walibaker7335 23 дні тому

    Great Content

  • @erikpeeples1785
    @erikpeeples1785 4 дні тому

    How do you like SCHD ive been investing into that etf for awhile?

  • @chrisrussell1242
    @chrisrussell1242 24 дні тому

    Good morning, i live in The Bahamas and i'm looking for a way to invest in the U.S stock market. But i can't find a website or app that works here. Do you have any recommendations?

    • @MrBorv
      @MrBorv 24 дні тому +4

      I think this is the time for someone to step in and recommend their financial planner followed by a dozen others claiming how great they are. It’s all spambots.
      No one should ever use a financial planner mentioned in comments here.

    • @KC_travelz
      @KC_travelz 23 дні тому

      Try interactive Brokers. I believe it works in the Bahamas

    • @GeneralSirDouglasMcA
      @GeneralSirDouglasMcA 23 дні тому

      @@MrBorv I flag every one of those posts as spam.

  • @collinsamani6964
    @collinsamani6964 24 дні тому

    Amani from kenya. Good job

  • @CRA1491
    @CRA1491 23 дні тому

    Would you recommend dividend etfs in a Roth IRA ? Or regular brokerage account ?

    • @techshark6181
      @techshark6181 9 днів тому

      Both, but you'll make triple the money by NOT doing etfs

  • @Solo413
    @Solo413 23 дні тому +2

    Bunty always messing around and buying Gucci! 🤦‍♂ Stop giving him money, Jaspreet!! 😂😂

  • @bikenraider99
    @bikenraider99 16 днів тому

    I can't live off dividends yet, but have been offsetting expenses with dividends.

  • @moonrockschopshop
    @moonrockschopshop 23 дні тому

    Cousin Bunti I need my check on the 1st

  • @oscard01841
    @oscard01841 23 дні тому +1

    Preferably in a Roth so I don't get taxed from taking out dividends.

  • @MariahSager
    @MariahSager 8 днів тому

    How much taxes do you pay on dividend earnings?

  • @rd9102
    @rd9102 19 днів тому

    This is THE way to invest.

  • @thorasguardselectrician2013
    @thorasguardselectrician2013 24 дні тому +2

    TSLY NVDY for the win 😎🥂
    100k invested, average OVER 40k a year.

    • @jeffaragon
      @jeffaragon 24 дні тому +1

      Tsly is to new lol 100k invested into a new etf is risky giving the fact that the dividends vary

  • @GeneralSirDouglasMcA
    @GeneralSirDouglasMcA 24 дні тому

    As of right now, GoPro stock is very low ($1.90 per share). I’m buying a little bit at a time in case it should go back up. Years ago it was over $30 per share, and at one point it had peeked to over $90 per share!

    • @twitchyrats5252
      @twitchyrats5252 23 дні тому +2

      That doesn't mean that it will rise back up to $90, unfortunately. I guess it's a low risk investment because of the cheap price, but I personally don't have hope for GoPro. It's a DEI company, and it looks like generating profit isn't one of their top concerns.

    • @GeneralSirDouglasMcA
      @GeneralSirDouglasMcA 23 дні тому

      @@twitchyrats5252 I’m aware. Even if they go back up to $10 per share, that’s still quite the multiplication. Worst case scenario is I can write off the loss if they go bankrupt,

    • @rudyjean5550
      @rudyjean5550 23 дні тому +1

      Someone probably bought in at 10 and thought, “wow, this was 90 at one point, what a deal!”

  • @azizabro2433
    @azizabro2433 20 днів тому

    @MinorityMindset
    Action speaks louder than words
    The investment platform BG Global you are working with is getting some negative reports.
    Wht are ur thoughts on such platforms?
    Should people trust those platforms or trust those people who are associated with those dubious platforms?

  • @Andregeorgetownkia
    @Andregeorgetownkia 18 днів тому

    I’m in Canada, what brokerage can I get where it will take automatic payments out every week and invest for me FOR FREE.
    I don’t want to be charged a fee every single week that I invest.
    Is this possible?

  • @drewj3329
    @drewj3329 24 дні тому +3

    Better not quit your day job!

  • @josephl6727
    @josephl6727 23 дні тому

    It's all about the guac and Gucci.

  • @ThatJaxsonGuy
    @ThatJaxsonGuy 23 дні тому

    Can you add FXAIX to some of your ETFs you discuss in some videos?

    • @mandypdx
      @mandypdx 20 днів тому

      It’s not an ETF :)

  • @JRAMOSK20
    @JRAMOSK20 20 днів тому

    We need cash now jaspreet 😅
    The mafia had it right untaxed dividends

  • @areliscampbell9902
    @areliscampbell9902 23 дні тому

    Can i pit 20k into REIT in one.shot and just leave my money there for 15 yrs. ??

    • @Angular777
      @Angular777 23 дні тому +1

      I don't have a lot of experience investing in REITS, the fund I invest has some, but first of all, there's not one REIT, it's like any other fund, you can find one REIT and invest 20k and let it sit there, but you really want to keep putting money in. But I don't recommend you keep putting it a singular REIT.

    • @areliscampbell9902
      @areliscampbell9902 23 дні тому

      @@Angular777 Thanks so much

  • @richardbrancaleone9385
    @richardbrancaleone9385 23 дні тому +2

    You should do a special episode on cousin Bunty.

  • @Hello_Marcelo
    @Hello_Marcelo 23 дні тому

    Jaspreet has it out for his cousins bundy 😂 love the channel !

  • @ajwabarak2927
    @ajwabarak2927 24 дні тому

    "My cousin's name"

  • @briano70
    @briano70 23 дні тому

    So what you're saying is I just buy dividend stocks with my next paycheck and then I can quit my job. Cool

    • @silverjonsnow8290
      @silverjonsnow8290 23 дні тому

      Mostly definitely not you need to buy a lot of shares to build the dividend

    • @briano70
      @briano70 23 дні тому

      @@silverjonsnow8290 so a few more paychecks then?

  • @christopherangelgil1985
    @christopherangelgil1985 23 дні тому

    😎👏💪🔥

  • @michaelgohmox
    @michaelgohmox 23 дні тому +1

    U seem to be spinning the same thing , just changing the topic
    Pusing pusing

  • @social3ngin33rin
    @social3ngin33rin 23 дні тому

    lol i wish Minority Mindset sold stocks, even if they were non-voting shares

  • @Kristofur77
    @Kristofur77 24 дні тому +1

    Richard Kiyosaki would rather borrow the money tax-free and live off the debt. Why not just borrow off your properties and have them pay the debt?

    • @jeffaragon
      @jeffaragon 24 дні тому +1

      Robert kiyosaki also has a million dollar real estate team and lawyers to back that up. If you don't know how to use debt to get rich than it's best that you don't.

    • @jeffaragon
      @jeffaragon 24 дні тому

      Now I'm not saying don't follow kyasayki because he is a professional at what he does to build his wealth but that path is for the extremely different people.

    • @ree4428
      @ree4428 23 дні тому

      In my country you need at least 60k deposit for a property then you have to hope the value goes up before accessing equity to do that.
      What this guy is suggesting is to put your money to work straight away with as little as $100 in a dividend stock with access to interest from day one… and build from there.
      It definitely seems an easier route to financial freedom but definitely not a get rich quick scheme. Being consistent and patient is the key and financial freedom will come eventually!

  • @Chrisheron78
    @Chrisheron78 23 дні тому +1

    Cousin Bunti is the guy you want to go on a night out with!

    • @omegasprinter
      @omegasprinter 23 дні тому +1

      Cousin Bunti is going to retire broke with lots of Gucci clothes.

  • @alcinomartins7835
    @alcinomartins7835 24 дні тому +1

    First?

  • @djack915
    @djack915 24 дні тому

    😏🤔 Question : what's a BUNTY ????

    • @BengaliPatriot7
      @BengaliPatriot7 24 дні тому

      Bunty is a typical Punjabi name meaning joy

    • @djack915
      @djack915 24 дні тому

      @@BengaliPatriot7 oh I see