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💰💰 $400 a Day in Side-Hustle Cash
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Many of you have asked for more videos on passive and semi-passive income sources, so today, I thought I would show you exactly what I do and how I make $400 per day in mostly passive income from side hustles. How I plan to double this within a year, and how you can do the same-all this and more in today's video.
#SideHustle #PassiveIncome #MailBoxMoney
🔗🔗 Steven's REAL Verified Links 🔗🔗
Join this channel to get access to perks:
Personally, I hate dividend stocks in my main brokerage accounts because you are taxed at a much higher rate on these, so I do not purposefully acquire stocks just for the dividends. I choose stocks that I believe in the company and want the stock value to increase, not necessarily, the income from dividends. If it happens to pay dividends, that is a bonus, but not my goal. Stocks like Apple, Microsoft, Google, Tesla, etc., I purchased for the long term.
Then in my IRAs, I load up on dividend stocks. Why? Because those are tax-advantaged accounts, and you do not have the same tax ramifications. So simply put, if I want dividend income, I put it in a retirement account, not a regular taxable brokerage account.
I have multiple videos on IRAs, just search YouTube for Steven Carlson Show IRA, and they will all show up for you.
⚠️ ⚠️ ⚖️⚖️ I am not a lawyer, CPA, tax advisor, realtor, financial advisor, etc., I have absolutely no licenses/certifications in anything related to these industries, I am just a dude on the internet. So, in full disclosure: the information I provide here is for "entertainment purposes only!" You should seek counsel from competent and certified individuals if you have questions. I may receive commissions when you use my affiliate links.
#SideHustle #PassiveIncome #MailBoxMoney
🔗🔗 Steven's REAL Verified Links 🔗🔗
Join this channel to get access to perks:
Personally, I hate dividend stocks in my main brokerage accounts because you are taxed at a much higher rate on these, so I do not purposefully acquire stocks just for the dividends. I choose stocks that I believe in the company and want the stock value to increase, not necessarily, the income from dividends. If it happens to pay dividends, that is a bonus, but not my goal. Stocks like Apple, Microsoft, Google, Tesla, etc., I purchased for the long term.
Then in my IRAs, I load up on dividend stocks. Why? Because those are tax-advantaged accounts, and you do not have the same tax ramifications. So simply put, if I want dividend income, I put it in a retirement account, not a regular taxable brokerage account.
I have multiple videos on IRAs, just search YouTube for Steven Carlson Show IRA, and they will all show up for you.
⚠️ ⚠️ ⚖️⚖️ I am not a lawyer, CPA, tax advisor, realtor, financial advisor, etc., I have absolutely no licenses/certifications in anything related to these industries, I am just a dude on the internet. So, in full disclosure: the information I provide here is for "entertainment purposes only!" You should seek counsel from competent and certified individuals if you have questions. I may receive commissions when you use my affiliate links.
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