You Can Live Off Dividends So Much Faster Than You Thought!

One of the most well-known investment strategies is dividend growth investing, which is largely due to the allure of collecting dividends as completely passive income. For many individuals, it's a pretty big goal to be able to earn enough through investments and dividends to cover all or most of their living needs, while still having enough money left over to live a more fulfilling life, free of the constraints of employment.

The focus of living off dividends faster with limited funds mostly centers on aggressive dividend investment. Reinvesting dividends as frequently as possible will help you build up your dividend portfolio significantly faster if you want to live off your dividends much sooner in life.

#DividendInvesting #Dividends #PassiveIncome #warrenbuffett #investingforbeginners #kevinoleary

[scottarmstrong]

Because of dividends, I first began investing in stocks. It's important, in my opinion, to be able to live off of dividends without selling if you invest and make other income in addition to payouts. It suggests that you may pass that down to your kids and give them a leg up in life. Over the years, I've invested over $600k in dividend stocks; I continue to buy more today and will keep doing so until the price drops even further.

[tonysilke]

I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or whenever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That’d be enough to create a portfolio that would pay you between $50k to $70k in dividend income

[ClementRusso]

Dividends from the stock market encouraged me to begin investing. What matters, in my opinion, is that if you invest and make additional money in addition to dividends, you will be able to live off of dividends without selling. It implies that you can provide that benefit for your children, giving them a head start in life. I've invested more than $600K in dividend stocks throughout the years; I'm currently buying more today and will continue to do so until the price falls even further.

[ClaudiaShenk]

I watched several YouTube videos on how to trade in the stock market but haven't made any head start because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands.

[gingerkilkus]

The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. $52k dividends received in 2022.

[olivia]

Firstly avoid any get rich quick scheme and find a reliable fiduciary that will guide you through investing else you will be in circles

[Rubenbarlow]

While my portfolio consists of reputable companies, it has experienced a lack of growth this year. Given the current inflation and depreciation of the dollar, I recently withdrew my funds from the bank. I allocated some of these funds into investments in gold and silver. Currently, I have around $560k sitting idle in my reserves that I am seeking to increase. I would greatly appreciate any suggestions on how to enhance the growth of my portfolio.

[Raymondjohn]

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

[HafezBd]

I started investing in the stock market because of dividends. What matters, in my opinion, is that if you invest and earn more money in addition to dividends, you will be able to live off of dividends without selling. It implies that you can pass that on to your children, giving them a head start in life. I've invested over $600k in dividend stocks over the years; I continue to buy more today and will continue to do so until the price lowers even further.

[jerrygibson]

A number of the most eminent market experts have been expressing their views on the severity of the impending economic downturn and the extent to which equities might plummet. This is because the economy is heading towards a recession and inflation is persistently above the Federal Reserve's 2% target. As I'm aiming to create a portfolio worth not less than $300, 000 before I turn 60, I would appreciate any advice on potential investments.

[AltmanP]

Invest early, invest often, stay invested.

[dawgg]

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.

[johnlennon]

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?

[jamisonm]

There's no free lunch. Investing in securities with high yields typically means you're sacrificing price appreciation, dividend growth, or taking on excessive risk. Lower yielding dividend stocks typically have more price appreciation, higher dividend growth rates, and are of higher quality. That is all to say, don't make investment decisions based on dividend yields.

[MichaelDSteffan]

My portfoliio of $750k is down to $492k, How can I profit from the present market", I mean I've heard of people making upto $250k in couple weeks during this crash and I'd like to know how.

[dylanmoris]

I would think that a major benefit of dividend investing is that calculating portfolio size needed is not relevant. We don't care about the value of the portfolio. We care about the sustainable income it pays. As you invest you can gradually see the income rise as you invest more and pull the retirement trigger when it's high enough regardless of the market sentiment.

[the_millionaire_next_next_door]

I start to invest and reinvest in dividend stocks with 50K from saving in 2017. Now, I get pay a monthly average of $6000 per month in dividend (840K portfolio).

[azieltobias]

The most popular investment portfolio strategies include diversification, where you spread investments across different asset classes to manage risk. Another is the growth strategy, focused on capital appreciation through high-risk, high-reward assets. Income-oriented strategies target regular income from dividend stocks or bonds. Finally, there's the value strategy, seeking undervalued assets for potential long-term gains.

[alvinjohnson]

I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or when ever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock.

[Sdc]

I find the best strategy is to invest in both covered call etf like Jepi which I like better than qyld and in high quality long surviving companies like Jnj, pg, mcd, etc. just out what you can weekly or monthly and reinvest dividends for more shares. Start as early as possible. M1 finance is a good platform for this strategy. Create a pie portfolio and it will allocate funds however you choose.