The simple path to wealth with dividend investing

The simple path to wealth with dividend investing is my approach to reaching financial independence.

The Financial Independence, Retire Early (FIRE) movement traditionally looks at investing into VTSAX (VTI) from vanguard which spreads across the entire US stock market. The purpose of investing into VTI is acknowledging that you can't pick the winners and therefore you buy everything. The cherry on top is that the ETF from vanguard comes at a very low fee.

What I love most about the FIRE movement is its focus on simplicity and low fees. JL Collins really pioneered the idea of investing into VTSAX (VTI) as the simple path to wealth. The idea is that you invest 25x your annual expenses into VTSAX in order to reach fire with the 4% rule. Taking inspiration from JL Collins, I'm proposing those seeking to live off of dividend investing adopt a similar approach as suggested by JL Collins. My take on the simple path to wealth with dividend investing is buy SCHD/DGRO, buy as much as you can whenever you can and hold them forever.

I'm not a financial advisor and the content discussed today is merely my opinion and intended only for your entertainment. The content expressed in this video should not be considered as professional financial advice. Some of the links above are affiliate links and come at no cost to you.
#DividendGrowthInvesting

[DividendGrowthInvesting]

Buy SCHD/DGRO, buy as much as you can whenever you can and hold them forever.

Dividend Reinvestment Calculator:

[Sylvan_dB]

I started investing in the early 1990s. I took a huge hit in the 2000 tech crash. It was devastating. In 2002 I switched to focus on growing dividends. I love focusing on dividends. When the market goes down I get excited to buy more shares and get more shares for my money and higher starting yields. 2007 to 2009 my portfolio fell less than did the S&P 500. From 2008 to 2017 I could not afford to invest very much. But my dividends kept coming and being reinvested. Dividend growth works as an investment approach, and it works for me psychologically as my increasing dividends keeps me motivated to invest.

[michayng]

This video is absolutely one of the most important videos on dividend etf on YouTube... which makes this channel one of the most important channels on the subject.

[yourfellowman]

Considering all of the commotion going on in the Finance YouTube space, I just want to say I genuinely appreciate your transparency and genuine desire to help out others by simply passing on the information you learn rather than peddle GRQ schemes and courses. The finance space in general would benefit greatly if there were more people like you than grifters.

[jujusreviews]

After starting at a bank 4 years ago and learning more about investing. VTI and SCHD are what I’ve narrowed my easy investing decisions for life.

[harsharao]

Can I say something more. Your channel along with PPCIAN seems to be the only two who are not selling snake oil to their viewers. Thank you for the honesty and for not selling or promoting something which you yourself would not own.

[arunagamage]

What the hack, YouTube didn’t recommend your channel all these years to me. After a while, watched full video and felt like I found someone really make sense without expecting much in return. Thanks 🙏

[DansBlues]

Nice informative video Jake. I have both Dgro & Schd. It’s nice to hear you talk of them. Dad, rest his soul, told me the older you get the more simple you want things. I am finding out that statement is so true. It’s great advice as is yours.

[TT-oykw]

Great video!! I am building up my SCHD (207 shares so far) and 82 shares of DGRO, add one share per week no matter where the market is. 👍

[isthisandy]

Jake! I just recently started diving into dividend investing and after watching a few other YT channels, I decided you were my favorite and started binging your videos today (and will continue this weekend). After learning more about you from your videos, I just had to comment that we have so much in common. I am mid 30s (34), always wanted to go to NZ after seeing LOTR, my spouse is a huge gamer. I've lived and worked in Germany and my spouse is also an immigrant (from New Zealand actually!) and we own 2 rental properties. It was just a crazy series of connections I had to share. I'm really glad I found your channel and can't wait to learn everything you generously teach!

[LifeInvestor]

Excellent video Jake. Can't get any simpler than SCHD/DGRO! Everyone needs to hear this... Keep up the outstanding work!

[WLyons]

Love this video. Core holdings of ETFs that pay dividends and then pick 3-10 stocks you understand and feel really good about that also pay dividends.

[MRkriegs]

While I gamble and stock time and pick, I can appreciate this style of investing in the market.

[Ivan-txji]

Ill start listening to the simple path to wealth tomorrow. Thanks

[jakobfreelemba]

I love you guys and all your stuff. Really inspire me. I appreciate all the content you put out and the vast information I have at my fingertips. Thank you!

[fitbh]

Sheesh. Biggest portfolio I've come across on M1.
That's my favorite book on investing.

[Anthropic]

In my Roth, I have VGT QQQM and SCHD… in my traditional, I have VGT QQQM SCHD DGRW VTI VUG IVW SCHG.

The reason for so many funds is there are companies that I want to capture and so it took that many to do it.

I am heavily weighted on VGT and QQQM with SCHD running in 3rd.

My plan is to grow everything and eventually pump enough into SCHD to have a good dividend income in about 15 years.

I dont like DGRO’s strategy of eliminating the top 10% of dividend payers, in the fund does not grow, as well as DGRW or SCHD. DGRW had some companies I needed plus the 1.52% yield so thats why I have it. GL!

[relaxmind]

SCHD and DGRO are long term dividend kings, they won’t go wrong for long term

[andrewbradley]

Great video Jake,
SCHD 25%JEPI 25% JEPQ 5% and 45% in about 20-25 individual stocks is where I have decided to go (5-7 time horizon)

[stephenlupi]

Retired at 59. SCHD 35%, DIVO 20%, JEPI 15%, SCHY 15%, ARCC, BX, O, WPC 15%.