Can Investing In Dividends Pay For Your Retirement? | Money Mind | Investment
Video Overview & Insights
Can you live off dividends in retirement? We look at the pros and cons.
End of the day, its the life that each of us choose to live. Dividend investing is one of many roads to rome. Some roads are longer and some shorter. What i find amusing is that there is much less emphasis on living life. If dividend investing worked for the guys here,then the real question next is what do you do to live a fulfilling life? Money is only a means to an end. Its a byproduct of what work and effort one has put into life.
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Hi from New Jersey. I stopped listening to random predictions and started focusing on financial education, managing risk, and sticking to one strategy that works for me. Today I officially hit my new year goal of $320k. Just a reminder that it's not about where you start, it's about trusting the process and staying consistent.
#CNA #MoneyMindCNA #Dividends #Investing #StockMarket
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6% is really high for a dividend though...
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For me, I will not rely on one source of income. I like to buy rental properties that create good cash flow, out of province, where there is high potential for appreciation. Then I use cash flow from rent income as montly contribution for growth ETFs and Dividend ETFs. I don't like individual stock which are too risky for me. Why is it out of province? because I live in Vancouver, where is negative cash flow and is too expensive.
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I wish I started earlier :(
Website: https://cna.asia/cnainsider
Its great to devote a part of our income into a portfolio that pays dividends. Wished I had been more disciplined!
More User Perspectives
He is bull shitting. To begin with he do not look smart. Sum do not add up.
@patrickchua9254Early exposure is key. Most school systems fail to equip students in time with the skills needed to manage money and invest wisely.
@antonymugambi389I have about $100,000 weekly dividends by age 25, it isn't hard really. I started a food company at age 18 and made $200,000 annual income easy. Don't go into Tech university kids, AI is took over a friend of mine got a masters degree and AI can do it better.
@quincy29125Wait, no tax for dividends in Singapore?
@phattube81Feeling inspired after this. Anyone here actually taken 7k to 100k? How long did it take?
@PatriciaNeal-rlDividend stocke/ETF will not make people super rich. With consistent investing on that, you will get a handsome, nice dividend without touching the stocks. My portfolio consists of 60% growth and 40% value with high dividend stocks. I am not looking for retirement replacement but maybe a vacation money
@jeff4749This man is on point. He had a goal, he stuck to it, and it paid off handsomely.
@thanggnguyenBro isnt retired lah, he realised that $5,000 per month for a family at his age, just isnt enough for good living. He is working hard today still trying to gain true financial independance realising that scrimping and scrooging isnt the way to spend a retirement. All the best
@DonYang73Brother can you elaborate more on reits in dubai they made a reit where people can buy the reit can you explain to me whats a reit.i have been investing in the long run for 20 years and has been very fruitful but i feel the markets around the world excluding europe and china đšđł are over priced
@RidhaaRazakeys to investing: you need lots of patience and disilpline yourself from spending on unecessary things. Watch the snowball roll down as it gets bigger and bigger.
@InspireMe819It can but you need substantial amounts.
@TheBondocFamA lot of very rich ppl commenting ...some showing they are much smarter and others green with envy. I thought this guy made it in his own way.
@yewlamneoim a dividend investor for about 12 years now. putting 1000$/montly and 5000$ tax return. nowaday i made around 24000$/yearly return which drip into etf dividend profolio.
@EirocinaStocks including REITs, can be quite volatile. For me ,in Singapore, property is still the best. Fortunately , we went into that 20 years back and now collect passive income via rent. We also flipped several for capital gains.
But REITs are a good place to start for those who do not have enough capital to buy property.
Dividends are a great supplement, but i wouldn't rely on them 100%. I still keep some money in growth stocks and Roth IRA just to balance things.
@RusselMorettiDividends are dope. Personally, I sometimes use my dividends to buy other dividend and growth stocks for diversification instead of reinvesting in the same stock. To each their own methods though. The good thing is that youâre investing in the first place and thatâs whatâs important. Salute for the content!
@RayaneJessica-n9zStarted in mid twenties, retired at 39 with 2 million. That means he saved around 150k per year working in IT. That is honestly speaking highly unlikely. The man is either lying or told half truths, most possibly have inherited a fortune from his parents or strike lottery. đđđ
@marvelcomdc2070I 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 $250K across markets but don't know where to start.
@AfonsoHarrisI 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. Thatâd be enough to create a portfolio that would pay you between $50k to $70k in dividend income
@BrianWei-w9fLocking up a lifetime's worth of money for a meagre employee salary is kinda.......
@sw88-v2nIâm looking to invest $150k to expand my business and need help with choosing the right vehicles for growth. Any advice?
@AndersonFair-cy2bbExcuse me, @CNA, 2:17 , year 1 invest $100, year 10 get $179 after compounding, the return is 79%???? This factually misleading
This is the reason why some people are financially illiterate.
Cannot ignore the time factor value of money.
Imagine someone were to apply the same logic into calculating the breakeven price on their property over 10 years
It's dIvidend not dEvidend
@xquiztsDividend investing is a fool game. There is no different of capital gain vs dividends, just left and right pockets. You can always design a âself made dividendâ program which you sell say $5k of shares every month. Many people just buy reits which give high 6-7% dividends, they end up holding to the reits when the price crashes in high interest rate environment.
@Walkwalk88Dividend investing is totally my thing! Iâm growing wealth using a buy-and-hold strategy in my Roth account with all-stars like Berkshire B shares, SCHD, and S&P 500 as well as total market ETFs. My taxable account is also in the game, generating steady income from dividend-paying stocks. Itâs a powerful combo thatâs helping me work toward my financial goals!
@Rogerederer-b2rMy spouse and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
@AnnieHolsenThis guy on video look so much like our heng swee keat... đ
@tanboonchong4751It was all sound good until a clown who you so called 'financial advisor' saying dividend stock are risky
@tvb4227It's sad that we have reached this stage where companies would rather pay people that are not working for them than give profit sharing to their own employees.
@tanalsonDividends are taxed as ordinary income in the US. I wish this had explored total return investing as a counterpoint.
@x28fhd7I'm a 52yrs Director in a Tech company and I consider myself a high income earner at $350,000 per annum, I have a retirement account account but i still want to explore opportunities for short term gains before i start working less in few years.
@MaximilianFischer497People are facing a tough retirement. and it's even harder for workers to save due to low-paying jobs, inflation, and high rents. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire in.
@Cooper11yThis certainly works when you have a large enough portfolio. But when your portfolio is small, it's better to take a bit more risk and invest in high growth stocks first.
@RyomaGI 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. Thatâd be enough to create a portfolio that would pay you between $50k to $70k in dividend income
@OyunBabusThis Guy legendary wow
@suresharavind7251Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets 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.
@VivekLunaI have been a dividend focused investor for a long time. This does not mean I don't own growth stocks, I do. A well rounded portfolio should be a mixture of both categories. I invest in the market, but never put all my money in market.
@LindaL.FielderDare not think of retirement.,âŠitâs so boringđ
@HearsaylorI'm 30 years old and starting dividends investing for my retirement. I wish I started earlier đ
@6paxAbsDividend investing is most effective when approached with a long-term perspective. While dividends can provide immediate income, the true power lies in the compounding effect over many years. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...
@SandraMoore78Why is the whole tone of this video makes it like Investing is a doom and gloom game?
@rfandiSo far I'm doing good, approaching retirement with about 800k in savings. Transitioning from building wealth to spending can be scary, especially with soaring inflation. My question is, after maxing out my tax-advantaged retirement accounts, what next?
@NicholasBall130As an investment enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make over $400k like some people are this season.
@azieltobiasA balanced life is the key as your senses dull as you age. Christoper Ng made a lot of sacrifices during his youth so he can retired early. But he missed out the great times and vacations when he was young. Now he can afford it but he is older. It wonât be the same.
@easyroc75