How Much $ Do You Need Invested To Live Off Dividends?

I think the stock market will do well in 2024, so I'm thinking of putting $220,000 into stocks for my retirement. Any advice on doing this safely? Also, any important tips for the current financial situation?

I live in a very low-cost place, Milwaukee, WI. I own my house. I've got $286k in my account now. Waiting for my TSLA and PLTR to pay off. Sitting on 786 shares of AAPL. I want to sell it all off in like 5 years and put it into something like JEPI. Cost of living here is super low. I could retire, and maybe work on the weekends.

And 3M is consistently losing value.

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

Guys, if I focus on growth ETFs till I retired. When I sell the growth ETF and switch to ETFs like SCHD n JEPI, how much tax would I need to pay?

Don’t bother with stocks. Stake crypto and get 6-15% APY

Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve of $250k.

Love the video, I am moving into dividends now, but I noticed you stated one can only contribute $6k to a Roth. For 2023, it is $6500 for those under 50

I began investing at the age of 34, primarily utilizing my hard work and dedication. Now at the age of 42, I am delighted to share that my passive income exceeded $100k for the first time in a single month. This advice is truly valuable, so don't hesitate to take action. Remember, it's not about achieving wealth quickly, but rather about building wealth consistently and persistently.

…there’s way better things out there. 👎🏻

Ummm ..just buy etfs..they have better yields...

Love this video...

Doesn’t the cost of the stock play a big part?

Thanks!

good video!!

40,000/.05 = 800,000.
⚫⚫⚫⚫⚫⚫⚫⚫

Dividends are actually paid quarterly most of the time not yearly. 💗💗💗

Can anyone answer the question i don't have time for 10 min video

£3500 a month?!? 😂😂😂 I plan to have six figures a month from my dividends for retirement.

I have approximately £120k in tech/TSLA companies in my portfolio; can you advise me on any additional stocks that I may acquire to diversify my reserve across many markets while constructing a complete portfolio allocation that matches my risk aversion concerns and returns that meet yearly inflation?

10 million with blue ship stocks

Dividends are a great thing, but they’re only really effective for passive income when you either have somewheres over 20 to 25 thousand shares of a high yielding stock. Meaning you likely need to have a few hundred thousand if not more invested in it. Re-investing dividends back into the same stock certainly does snowball with compound interest, but you only really start seeing it after 20 years of never stopping and likely needing to add additional money of your own with it….so it’ll be time consuming and costly. The way I see it if you have a million dollars at some point, that’d be enough to create a portfolio that would pay you between 50 to 70 thousand in dividend income

Thank god I came across your videos oh my goddddd!!!!

People often don't realise this but since dividend yield grows yearly and so does stock value (in optimal scenario) you don't really need to save 1.5 million dollars to get that 5% yield to get 75000 dollars per year. It helps to start investing early though. However since the dividend yield can also go backwards (and the stock value), there's no guarantee in any case this plan works.

Great videos thank you‼️👍🏽

As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have about $70k amount of capital to start up but I have no idea what strategies and direction I need to approach to help me make decent returns

This just shows you that stocks is bullshit

I agree the stock market is a very good way to make passive income. I have heard of several investors who were making more than $40k a month from the market. I'm ready to go into the market now, but I'm careful to not make a mistake. Or are there are safe bets?

I’m on disability and do not make any earned income. I’m told I cannot contribute to a Roth IRA with any of my disability $$ or any $$ I have accumulated over the years in my savings that was generated by me actively working. Why is this so????

Don’t you pay taxes on your dividends? If you made 40k in dividends then how much of that 40k is going to Uncle Sam?

Have much you pay in tax ??

10 year treasuries are paying 4% right now. So why not put $1M in 10 year treasuries to get the $40K/yr in yield? Why play the stock market casino at all?

Wonderful! But did you even hear that you must pay tax for the dividends?

40k is now about minimum wage. Difficult to live on that in desirable location.

there is another way, look outside your borders rs

With inflation running at a four-decade high, the Recession is now the ‘most likely outcome for the economy and I cannot imagine being a victim of circumstances. My portfolio suffered a big hit, holding it further won’t be any good. I've heard of people netting hundreds of thousands this red season. How can I ensure this?

thank's God...Finally I can earn an additional money

As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $745K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

My $750k portfolio is now down to $492k. "How can I profit from the current market?" I mean, I've heard of folks getting up to $350,000 in a couple weeks during this downturn, and I'd like to know how.

Interesting , the stock market is currently experiencing a decline while bond yields are on the rise. However, there seems to be skepticism amongst investors regarding the Federal Reserve's plan to continue increasing interest rates until inflation is stabilized. As for myself, I find myself at a crossroads, uncertain whether to liquidate my $250,000 stock portfolio> I'm seeking advice on the best strategy to capitalize on this current bear market.

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.

I count myself successful in trading with the help of my broker who manage and handle my trading account and get me awesome profits. Her strategies are top notch coupled with the little commission she charge on her trade.

I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused about the current market volatility, I'm a newbie and I'm open to ideas...

Arent we missing the withdrawl of principle over time at well or do we assume she dies with the priciple investment?

Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals.

I have 7 figures worth of stocks… I’m still working

It really doesn't make sense to say "how much do you want to live off of" unless it's like a 5, 10 year max time frame. Retirement is potentially 30+ years and with 3% inflation that's going to decimate the standard of living for a fixed income. All your calculations should be inflation adjusted

75k a yr was the exact goal I am working toward. Thanks for giving that as an exaple.

Question is - which dividend stocks/etf/mutual funds should we be investing in???

Great advice. Where did you get those back to the future posters though?? Look rad

Roughly £120k in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation.