SCHD pays me $50k/year passive income dividends! 📈💰

[caseybills]

I started investing in dividends with my taxable account. I used the buy and hold strategy in my Roth, adding some Berkshire B stock, SCHD, and an S&P 500 and total market exchange-traded fund.

[jrb]

A 20yr old have 20k is not that far-fetched, but a 20yr old having 1K amount to invest is.

[tangomango]

Putting away $1000 per month is still difficult for me, and I’m way older than 20 😐

[VinceWantsWealth]

I just turned 19 and currently have 18k invested. Aiming for 22k at the end of the year. I set aside 1600 every month from my minimum paying job. I’m fortunate to have little to none expenses just yet and my parents are helping me to pay college. It’s videos like this that keep me motivated to invest and stay committed for the long run 💪.

[PositiveWealth]

Start early! If you’re under 18 have your parents open an account for you. I promise you won’t regret it!

[SamA-xduj]

this is unrealistic .. what 20 year old has a thousand a month to spare ..

[backthes]

Please do more realistic videos with lower incomes. Not everyone has high paying jobs or live at home with parents saving all of their money or born with silver spoons.

[RealTimeLosses]

Doesn’t include inflation number(3%) The 50k the 29 year old needed today in 2024 will be 160k needed by 2064 when that 20 year old turns 60. Following the 4% rule that 60 year old in 2064 would need 4million in assets to draw down from or SBLOC.

[KB-wqvh]

If you live with multiple roomates or home with your parents with no student loans or car loans...this is doable. A LOT OF DISCIPLINE.

[kevnyc]

keep pumping out those financial informational videos Professor G!!!!

[Hogue_Indiana]

I like where your heart is here, but think there aren't too many 20 year olds who can invest $1, 000/MO for 25 years straight. If they can, they probably need more than $50, 000 a year.

[matthewszasz]

A starting 4% dividend is unrealistic for SCHD. Do you mean eventual yield on cost after x# of years?

[Mike_Affholder]

I remember being 20 i was so happy when I hit 1k in my savings account. I opened a share builder account and paid my 5.95 commission to buy a penny stock. 😅 The investing bug didnt catch on u til I was about 27 or 28.

[joseou]

$$1000 each month only if you live under a bridge and getting paid $3000 a week

[mwrightinsurance]

Most people who are already 45 couldn’t do that and have probably never even looked at a compound interest calculator to play it out. I think the best part about starting early is simply learning to play the game at a young age.

[dailydividendsguy]

a lot of us don't have $1k a month to invest, but the idea is there

[hairlikekangaroo]

In 25 years, the 50k income won't be the same value as of today.

[sebasbecu]

You have to account for inflation. 50.000yr income in 25 years will be equivalent to about half of purchasing power in today's money.

[huehuehue-]

Sorry for the dumb question..But what do you mean by “taxes included”?

[DaymDot]

You can definitely do this especially if you budget and work more