Dividends 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 you’re investing in the first place and that’s what’s important.

In my opinion, it was much easier investing back in the 60s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.

How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

Sharon Lee Peoples is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.

I would get money management just in case. You’re only 55. I think the average life execting in the US is 77.5 years, but many people live well into their 80s so that $1 million has to last you all of that and the unforeseen. $1m is a great start though. Good for you!

I’m quite lucky exposed to personal finance at early age, started job 19, purchased first home 28. Going forward, got laid-off at 36 just after covid-outbreak, and at once hired an advisor with grit to help stay afloat. As of today, my portfolio has yielded over 300%, summing up $836k. Stay motivated friends

this is huge! your advsor must be grade A, mind sharing more info pleas? in dire need of proper asset allocation

Can't divulge much, I delegate my excesses to someone of great expertise ''Jennifer Leigh Hickman ' preferably you can look her up on the web, her qualifications speak for itself.

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner

The best market strategy is to work with a credible investing coach. Since a while ago, I've been in touch with a coach, mostly because I lack the depth of understanding and mental toughness to deal with the ongoing market conditions. You lack the information necessary to succeed in a competitive market, not because you're doing anything wrong, but rather because of your lack of experience.

Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.

Her name is. 'RACHEL SARAH PARRISH’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks

@@JacquelinePeters03 However, if you do not have access to a professional like JUDITH ANN PEACE, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments

@@Ingridlourd02 Oh please I’d love that. Thanks!

@@JacquelinePeters03 Judith Ann peace is her name

Lookup with her name on the webpage.

That's why it is advisable that you still need to have something that will keep you going even if you're investing. You can just seek the help of a personal financial advisor if you’re confused on strategies to diversify your portfolio.

I had my share of ups and downs when I first started looking for a consistent passive income so I hired a fiduciay advisor for aid, and following her advice, I invested in growth/blue chip stocks and i accrued over $80k in dividends last year.

I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this Fin.advisor that guides you?

"Jill Marie Carroll" is the fiduciary advisor I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

Thanks a lot for this. I just checked her out now and I sent her an email. I hope she gets back to me soon.

Dividends 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 you’re investing in the first place and that’s what’s important. Salute for the content!

I agree. Based on personal experience working with an investment advisor, I currently have $1m in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.

My CFA ’Rachel Sarah Parrish’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

Thank you for this Pointer. It was easy to find her handler, She seems very proficient and flexible. I booked a call session with her.

I enjoy challenging my investing mindset with the thoughts of others superior to mine, our thinking is definitely similar.

I agree, before the pandemic got real serious, I used to handle all my investment and I was pretty good at it, fast forward to post-pandemic and my-portfolio is steady in the red with profit rate down to the lowest, that's when I touched-base with a coach I saw featured on businessweek, who restructured my portfolio and over the last couple months, I've made over $850k from initially $210K

That's impressive, have you always had guidance?

Please educate me, i'm willing to make consultations to improve my situation,

This recommendation is coming at the right time because i am literally grasping for straws atm! I verified her online and scheduled a phone call with her.

Adding JEPI and JEPQ are smart additions in my opinion. As for staying committed to higher-risk investments, it's all about balancing your risk tolerance with your long-term goals.

I believe a healthy portfolio has 3 things, at the bare minimum: Exposure to ETFs for increased diversification, Exposure to assets that generate cash flow like dividend stocks, Exposure to market-leading tech.

The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on ETFs and actively managed funds. that’s what works for my spouse and I. We've made over 80% capital growth minus dividends.

@@judynewsom1902 I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.

@@judynewsom1902 I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.

I got into the market few years ago and my candid advice for a newbie is to seek help from market experts rather than KZfaqrs.

@@DanielPanuzi I agree with you. I started out with investing on my own using KZfaq videos, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash when I invested using an advisor.

@@Angelavaldess Thinking of giving this a try lately, but how can I reach a decent advisor like the one you use?

@@Higuannn I am not one to make such recommendations but there are many managers you could check out. Personally been working with Alicia Estela Cabouli. You can see her web page for yourself and set up an appointment if you wish.

@@Higuannn I am not one to make such recommendations but there are many managers you could check out. Personally been working with Alicia Estela Cabouli. You can see her web page for yourself and set up an appointment if you wish.

Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder

The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market

nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don't mind me asking?

ANGELA LYNN SCHILLING' is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

Nothing but Respect! I took Mr Sam, Deymon mentorship program for two years. I have been through all the classes and printed those chart and pinned across my trading room . After having so much trouble with emotional trading finally I become breakeven for the first time this month , going back to basic buying only pullback . And thank you Sam Deymon again for all hard work you do for us putting out such a great content. This class remind me again how to stay calm and be consistence in the market . Appreciate it boss man . Love n respect!

He's mostly on Telegram

@samdeymon53 ...that's it = 4 advise..

I will write Sam Deymon an g-mail shortly.

@@OumarHajar That guy sucks. He cheats at golf and smells bad. I don't think he's showered in a month.

One thing Dave never does is name the mutual funds he’s invested in. Maybe he’s no being completely honest otherwise he’d be open.

Did Warren Buffet actually recommend dividend stocks though? Berkshire Hathaway has never paid a dividend. I don't think he's that keen on them either.

@@billyjohnson9166 of course he's not honest, he says to worship Jesus a man who never showed Elijah

@@JeanValjean875 yes he said to diversify in many ways, that includes Dividends that add over time

@@JeanValjean875 warren buffet said invest in productive assets which means they pay you along with appreciation hence why he invest in coke for in his own words he doesn’t invest in stuff without a dividend usually

It's not difficult, but you have to learn and handle. Another thing is that if you can't manage your home, maybe you shouldn't invest on your own. If so, you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows, rather than betting on penny stocks.

Exactly, a good number of people discredit the effectiveness of financial advisor, but over the past 10years, I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure and that's fine by me.

Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch if you don't mind

Sonya lee Mitchell is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call.

If you're not who understands strategies to invest in the market, seek a Financial advisor to guide you.

Maybe you shouldn't invest on your own. If so, you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows, rather than betting on penny stocks.

Please can you leave the info of your investment advisor here? I’m in dire need for one.

My consultant is *Sharon Louise Count* She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision.

I Looked up her name and her website popped up immediately, interesting stuff so far, about to schedule a session with her.

@M ETFs are really safe. $SCHD and $VTI are great, and if you're nearing retirement consider $JEPI.

Does anyone recommend someone to talk to or anything? I’m 20 and make 50k a year right now, would love to start investing but at the same time I’m super leery about it

Just a bunch of boomers that like yanking up the ladder as soon as they've made it to the top. No boomer likes to see a young bug so rich they don't have to work, and aren't slaving away to maintain their petty retirement that's going to collapse anyway, smh...

@@Braedyn1016 I am in SCHD. Great fund

@@dontmakememad6759 The internet has amazing resources, but if you're leery, a financial advisor may be right for you. I would definitely do individual research it's crazy how much you can learn for free

Remember that investing in the stock market carries risks, and it’s important to do your own research and consult with a financial advisor before making any investment decisions.

Very true. With the help of an investment advisor, I was able to diversify my $550K portfolio across multiple markets, and in just a few months, I was able to earn over $950K in net profit from high dividend yielding stocks, ETFs, and bonds.

Please can you leave the info of your investment advisor here? I’m in dire need for one.

My advisor is “Sharon Louise Count”. She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision. I basically follow her trade pattern and haven’t regretted doing so

Looked up her name and her website popped up immediately, interesting stuff so far, about to schedule a session with her.

@@BryanSherer It all depends on how long you're willing to hold for, stocks might likely tank further, but making serious gains in this downtrend wouldn't be a problem if you're a pro.

@@BryanSherer How do I connect with her?

These bots are getting out of control.

The first step to building wealth is figuring out your goaIs and risk toIerance - either on your own or with the heIp of a financiaI pIanner, and foIIowing through with an inteIIigent pIan, you wiII gain financiaI growth over the years and enjoy the benefits of managing your money.

I am fortunate I made productive decisions that changed my finances through my financiaI planner. Got my house in Feb, and hoping to retire soon.

For more lnfo FinanciaI-PIanner Rebecca Mart-Watson (in fuII).

l’m amazed to partake on this, lt has rekindled the fire to my goals.

After I raised up to 125k trading with her I bought a new House and a car here in the states also paid for my son's surgery Glory to God shalom.

The very first time we tried, we invested $1000 and after a week, we received $7500. That really helped us a lot to pay up our bills.

I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

she's mostly on Instagrams, using the user name

FXMILLER15 💯.. that's it

Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

Yes, there are dividend yield focused index funds as well. Dividends are awesome imo

Schd is my retirement.

I have both of those and SCHD shares get increased every year for my investment plan

I own both :)

I own those .

I believe he is saying that the dividend is growth and you can't pull that out to use somewhere outside of the Roth.

He was talking about dividends which was the purpose of the call. Dividends are not contributions and there will be a withdrawal penalty.

Dakota Lynch, I also found that to be easily misunderstood.

No! He was talking about your contributions in a Roth IRA, he specifically said : you cant pull ANYTHING out of a Roth IRA till 59 and a half..... Which is wrong.

*capital gains

HE'S MOSTLY ON TELEGRAMS, USING THE USERNAME...

@Gainwithwalter7

Same here all thanks to Mr Walter James , he has always been there to guide me through with detailed analysis and recommendations that I wouldn't have access to otherwise.

I'm a bit perplexed saying Walter James Henry has been my mentor. Didn't know he has been good to so many people.

The process of trading can be complicated when you have limited knowledge. However, with the right strategy and setups, you can be successful. That's the whole point of investing.

This is an amazing goal so many of us are striving for

@@citizenoftheyearCC thank you, but I have to decline.

@@cashflow68 No worries, have a good one!

Serious question: since you've been a dividend investor since 84, have you ever taken a major loss? Like on Enron?

@@DoubleOddJosh I’ve never taken a huge loss but certainly small ones. If you been investing as long as I’ve been, the odds are greater to lose in the long run. It’s like saying I’m make 90% of my free throws 9/10 oppose to the person making 95% at 95/100. Currently my largest PAPER loss is VZ. But I’m not selling. Hopefully it will rebound while I collect my dividends.

In this current unstable markets, It is advisable to diversify while retaining 70-80% in secure investments. Depending on the worth of your portfolio, you should consider financial advisory.

Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my advisr are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.

massive gains! mind sharing details of your adviser pleas? i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help fuel my money goal

Amber Dawn Brummit is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

Don’t pick a stock - pick a managed ETF… ETF can be a collection of 100+ blue chip companies, one starts to underperform, the fund manager removes the bad company and adds a good one in its place

When I started investing last year, I avoided significant mistakes. I've focused on investing modest sums in stable businesses for the long term. If stocks perform well, I hold onto them; otherwise, I reinvest losses into profits. Recently, I made $9.5k from a $4k investment in NVIDIA.

Exactly, a good number of people discredit the effectiveness of financial advisor, but over the past 10years, I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure and that's fine by me.

Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch if you don't mind

Sonya lee Mitchell is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

I believe that the reason that stocks that don't pay dividends are worth something is that as a group,they will have dividends in the future. A few of them (we cannot predict which ones) will have big dividends. That is what powers "growth" investing (at least over the long term) in my opinion.

@@davidpowell3347 while thats true id argue its better to invest in what has for decades paid dividends and increased them yearly than a possibility that a growth stock will start paying dividends MAYBE years down the line. As Kevin O’Leary said “why should I invest in something thats purely speculation? Why invest my money in to something that doesn’t pay me anything?” (He was talking about growth stocks).

I agree 100% I do the same

I agree with your disagreement. Dave maybe smart by he's no Warren Buffet.

@@captaindestruction9332 I agree completely.

How to profit from the present market" will be more effective, I mean I've heard of people making up to 250K within few months and I'd like to know how.

@samdeymon53

He's TE LEG RAM....

@samdeymon53 💯..that's it = 4 advise..

I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Sam Deymon up and send him a message. You've truly motivated me to start with $2500. God's blessings on you.

Agree.

Guarantee Dave has made much better returns on investments doing exactly what he says he does than you have. KZfaq commenters think they know everything.

@@jordanmadden7388 lmao yes he has made alot of money selling programs and running his business. just not my cup of tea for investing.Are you debt free including your home?I am and I used Daves program to do it.Dont make people your Deity.We all can chose diffrent things.Just not a zealot been debt free for 10 years.

⁠@@jordanmadden7388 Listen to Ben Felix, how he DESTROYS Dave Ramsey’s investing advice regarding Safe Withdrawal Rate. As Bluecollar said above, Dave gives great advice for the COMMON FOLK regarding general stuff (being debt free, lowering taxes etc). However, he’s NO EXPERT at stock market.

@@bluecollarbullionballer4269guy above is a boomer

As a regular investor, it is difficult to outperform the market. You lack access to information that specialists do. So it's simply best to hire a professional who understands how things function.

How about you recommend your financial advisor, please? I could really use some help.

I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I set up a call with her so I could use her services.

Sharon seems reallly reliable. i've been ale to reach her through her page.

Omg ........

SCHD is one of my favorite ETFs.

SCHD outperformed the S&P 500 over the past five years.

This should be a pinned comment

You're correct. The FTSE 100 equivalent even yield more. IUKD.L

How do I add it to mh portfolio i am a beginner

I’m celebrating a $30k stock portfolio today. I started this journey with 6k. I have invsted on time and also with the right terms now I have time for my family and the life ahead of me

Wow, this is really amazing. How do you come about it

​@@robertgeorge238I’m looking for something I can venture into on a short term basis, I have $15k sitting in my savings

Assets that can make you rich *FX *Btcoin *Stocks *Gold *Real estate

You’re right but a lot of people remain poor due to ignorance

Exxon has good dividends.

I do invest but only in the dividend king.

@@fighteroffuture1476 and aristocrats

@@zesolodar you are so right. And by doing so you can create an diverse profile. Great point you made. Thank you!

Yes. The dividend growth rate is very possibly even more important than dividend yield but there are many other factors to look at too.

It is recommended to seek the assistance of a financial advisor or broker to diversify your investment portfolio through the inclusion of commodities, inflation-indexed bonds, and stocks of financially stable companies, rather than relying solely on growth stocks with uncertain future earnings.

Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up 950k within a year, whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.

@@Nernst96 I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you?

My adviser is "Colleen Rose Mccaffery" You can easily look her up. She has years of financial market experience and she is also FINRA & SEC verifiable.

Thank you for this amazing tip. I verified her and booked a call session with her. She seems Proficient.

I agree! That's why it is advisable that you have to invest while you still have a regular job or earning a regular income, and do it constantly. You still need to have something that will keep you going even if you're investing. Good financial planning and money allocation is the key.

I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured some money in value stocks and digital asset, i accrued over $80K in dividends last year

@@ScottArmstrong12 I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you?

I have “Vivian Carol Gioia” as my investment advisor. She has a solid reputation in her field and is a true genius when it comes to diversified portfolios, which help portfolios be less vulnerable to market downturns. She may be a name you are already familiar with; a Newsweek piece helped me to do so.

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

Dave is uber rich worth $200 million and went BK before he got lucky and super rich.

passive income is not a baby step; thus it has to be a bad idea.

@@GuitarsAndSynths He didn't get lucky. He grew his business from a card table in the living room. Are you saying anyone who makes money is just lucky?

@@jimroscovius people in these comments are always so jealous

@@annasimons389 Agreed!! They're jealous that Dave grew his business from nothing, when they want instant gratification. Slow and steady wins the race.

For a successful long-term strategy, refrain from attempting to time the market and incurring unnecessary taxes. Stay rooted and concentrate on the long-term perspective!

I have been in touch with a CFP ever since the outbreak. With an initial starting reserve of $100k, my adviser chooses the entry and exit commands for my holding, which has grown to approximately $550k.

May I inquire about your recommendation for the specific professional whose services you utilize? I am currently facing several marketing challenges and would appreciate your guidance in this regard.

I've enlisted Stacey Lee Decker as my fiscal guide, and her expertise contributes significantly to the fiscal industry. Acknowledged as a reputable authority in the field, she holds a deep understanding of holding diversification. I encourage further exploration of her credentials. With her extensive experience, she proves to be an outstanding guide for those aiming to grasp the complexities of the fiscal market.

Stacey appears to be really knowledgeable. Her resume, educational history, and qualifications were all quite good when I found her internet page. She will act in my best interests because she is a fiduciary. I thus scheduled a session with her.

What's the monthly income off that holding?

@@bulls-nation5783 Around $740

Savage!

Wow good for you

Well, one potential downside is that they may not offer the same rapid growth potential as riskier, smaller-cap stocks. So, it depends on your investment goals and risk tolerance. you may want to work with a financial advisor who can help with right approach.

Agreed. It's always wise to be proactive and consider diversifying our investments to manage risks in uncertain economic times. I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments.

@bastianrusso my partner’s been considering going the same route, could you share more info please on the advisor that guided you to such impressive gains

I've shuffled through a few advisors in the past, but settled with 'Monica Selena Park'' her service is exemplary and she's a genius in portfolio diversification. I'd suggest you research her further on your browser, sure you'll find her basic info.

Appreciate this recommendation, hopefully I can get some insight to where the economy is headed and strategies to beat inflation with when I hear back from Monica.

I'm surprised you know her too, I've been making a lot of profit investing with her for a few month now. *JENNY* changed my life because of the high profits I got from investing with her.

Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving

Having an investment adviser is the best way to go about the market right now, especially for near-retirees, I've been in touch with a coach for a while now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I netted over $220K during this dip, that made it clear there's more to the market that we avg joes don't know

Who’s the person guiding you

credits to *MARTHA ALONSO HARA* , one of the best portfolio managers out there. she's well known, you should look her up

I just checked her out and I have sent her an email. I hope she gets back to me soon.

came back to this video just to say im glad you said this because i found a video of warren talking about dividends and was kind of discouraged by this video, cheers

Dave does nt have clue about advising on investment and taxation. His business his mostly successful because of a lucky smart hire.

100%

Yeah... too bad most REITs have lost like 80% of their price value... which eliminates their dividend value

@@Izael1701 epr has not

@@Izael1701 I don't jump off while the roller coaster is going down. I load up my cash and get ready to buy at a discount.

@@JustAName-it5qp HAHAHA How long you plan on staying on that roller coaster? REITs have been losing their value for YEARS!

@@Izael1701 your statement still won't affect my personal finance decisions, if it's working for me, I ain't changing it.

That's what I do. invest money and dividend payouts get stacked with the money I put in and I keep buying.

And then you don’t have to sell equity in retirement. You just let the dividend payouts pay the bills. During a recession dividend stock holders living off the income are generally not too affected. Unless they cut the dividend

@@mountainmonkey15 I use ETF rather than individual stocks but I want to build something so when I pass I can give it to my kids.

@@dnah02 You can give any type of stocks to your kids

@@mountainmonkey15 I know but I want to build some my ETFs and if they want they can try out individual stocks. I like the idea of passing on assets.

Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire

True, some folks employ hedging strategies or devote a portion of their portfolio to defensive assets that perform well during market downturns and such pointers are provided by engaging the services of market experts just like i did in 2019, amid rona-outbreak, and as of today, i can boost of a 45% enhancement on my $1m portfolio after acquiring assets recommended by my advisor.

*Sharon Louise Count* deserves credit as one of the finest portfolio managers in the industry. Her reputation precedes her, and I highly recommend looking her up to locate her online

I searched for her name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon.

The market is volatile at this time, hence I will advice you get yourself a financial advisor that can provide you with entry and exit points on the share/etf you focus on.

With the help of an investing advisor, I diversified my $400K portfolio across markets, and I was able to earn over $900k in net profit from high dividend yielding equities, ETFs, and bonds.

Pls who is this coach that guides you? I’m in dire need of one

My consultant is Nicole Desiree Simon She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision.

I Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds soon. Thanks

Tech stocks rarely pay dividends, with the exception of Apple.

@@MrMustangrick Tencent, Microsoft, Nintendo, Sony all pay dividends and are tech companies.

Ibm pays dividends and has a pretty nice yield right now

Thank you for stating that so perfectly so many of these financial gurus always forget to say that

Thanks for saying this. Never knew

They can be. Some dividend stocks obviously end up going under. However, long-term, blue-chip players like Johnson & Johnson, Air Products & Chemicals, Philip Morris, Realty Income, etc. can really add up if you're patient with them. I use them as "cherries on top," while putting most of my investment money into a few "bedrock" index funds across my accounts and holding some precious metals on the side.

It really is terrible advice. You can do both as well, I like a good mix of high growth tech stocks, and high dividend yield stocks. Some dividend funds payout monthly, who wouldn't want natural appreciation, plus bonus monthly income?

@@chimchu3232 yep. I do both myself. I have my dividend stocks and my index funds like VOO lol my goal is to live off my dividends.

SCHD

@@paulharsh78 I have that the dividend was good today

@@paulharsh78 yes I have that one in my M1 finance portfolio

Around may 2020 I thought they did even though it was posted at 2.18 or sun

They started back this year .. 2nd qtr I believe

Dude he was giving an example of how it works.

@@random-nz7dy I know just found it kinda funny that was the chosen example. I agree the obsession with dividends is a bit overboard

Roth IRA is complicated and there may be a way for younger people to pull out some contributions but not earnings without having to pay if certain condition is met---having had the Roth IRA for a long time? Documentation? but easier to draw on the Roth IRA worry free if you are older

I think Dave used a general statement, exceptions aside. As a general rule it is 59.5 and I think for the caller that is sufficient information.

This is what has worked for the millionairss he interviewed....he needs to interview a new set of millionaires

@twin cherry He’s from the old school of thought… buy a house as your coffin to die in.

Exactttttly! Kinda like he is also dead set on married couples doing joint accounts only. 🤦🏼‍♀️ This ain’t 1950 anymore & that strategy isn’t right for EVERYONE. The key is to take your financial advise from multiple sources!

I’m not a financial advisor but personally I recommend ETFs over mutual funds because of the lower fees. Some people have no idea how much they’re getting robbed by these retirement fund companies.

Best answer I've seen so far! If worked for you great, doesn't mean the other strategies are bad (probably didn't even do a research about it). There is a guy called Luiz Barsi who amazingly came out from nothing in a poor country and last year at age 62 is received USD300K A DAY (yes, per day) in dividends, and I'm talking about a guy who was investing in a 3rd world country stock market (much more volatile), and consistently growth his dividend portfolio and passive income every single year. His portfolio worth billions, but he doesn't care because if a single day of dividends he can pay for his entire year of living. Good for him good for Ramsey, I like to understand different points of view, when they respect each others and don't think there is only one way to get there.

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

She is my family's personal broker and also a personal broker in many families in United States, she's a licensed broker and a FINRA AGENT in United states

You trade with Michelle Stewart too? Wow that woman has been a blessing to me and my family.

I'm new at this, please how can I reach her?

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

Thanks I was thinking about that . I’m in my 30s and don’t make a lot but have a lot cash and would like to start making generating income from besides my job .

Exactly. you should not have to have one foot in the grave before you're able to start enjoying life.

Peter Schiff had a nice point on that....and it's a big mood too. I prefer a higher level of savings rate, but I have felt deprived lately so I've switched to dividend etfs and short term treasuries (cause they pay a fat 5% right now), and I've decided that instead of DRIP, I'm going to YOLO my dividends to psychologically keep me motivated, even when my portfolio is going sideways or dropping in value.

To me (not retired) it seems that it's really important to make sure you have enough for retirement otherwise your life in retirement can really suck. But I think if you are on track to overshoot your retirement, then it makes sense to invest in more dividend stocks so you can enjoy life in the present. But to do that possibly at the expense of a secure retirement would be a bad idea, I imagine

@@thecurrentmomentim all for having enough for retirement, Max out IRA and put back maybe a little more etc. My main issue is this tightwad dont even think about investment outside of retirement idea Dave pushes. Like theres nothing wrong with putting 5-10 thousand a year towards dividend stocks and reaping the benefits now. Could even help more at retirement as youll have hundreds of thousands in dividend paying stocks which in turn increases your disposable income.

he makes millions from just dividend payouts? so he must have billions in the stocks ?

Lol....is ur last name Buffet or Munger?

@@jackmack276 just thinking out loud - maybe he means pesos or another currency ?

@@drewseaver4531 20 million in invested could earn you almost two million a year (10%).

​@@drewseaver4531 It's because of compound interest and the increasing amount of shares from the dividends reinvested. Once your portfolio reaches 100k it will take you less and less time to make an extra 100k each year it's really cool

Dave is infallible and His way was crafted after that of God and Grandma.

Would you mind sharing your Dividend investing? Thank you

@@diane261 Well-run oil and gas midstream companies are fantastic for dividend income. WMB and ENB are great examples. Limited partnerships (MLPs) can be even better, but you should never invest in these until you've researched the tax issues associated with them. MLPs are taxed entirely differently from normal stocks, and this can cause problems for people who don't understand that before they buy.

@@altratronic thank you so much for replying

@@ianklein3045 LOL

You could make a plan to be secure, like Dave says, and do more, at greater risk to get the lake house and the Lamborghini.

@Music Pro, exactly! Once old, one can barely enjoy one's wealth. You're basically living and working to make your descendants wealthy. I don't know why Dave does not understand this.

@@mikepaulus4766 that's the problem dave doesn't really say that. He just wants to you invest in mutual funds or real State and thats good but don't stop other people from doing other plans that can make them millions in a shorter time for example investing in single stocks that are good

If you can become rich when you're young, go ahead, that's great! But most people don't have the skills or connections to make enough income to become rich before 40, so their only realistic option is to invest their way into becoming rich in their 50s or 60s.

@@otrebla8944 You younger guys are in for a surprise. You get old fast. In the blink of an eye. This idea that you can't do anything when you're older is funny. To retired folks who are in better shape than the twenty somethings talking about health. Take it from a man in his 40s. I am stronger, leaner and in better shape now. Then I was in my late 20's early 30's. Eat healthy. Force yourself to invest until it becomes uncomfortable to live. When you're entering your 50's. You will thank yourself.

Like the ones who say not to pay off your home?

@@donjohnson1416 Yeah…the ones that actually base investments and finance on numbers and math instead of emotions.

@@billybuttons4298 if they were doing math why would they pay interest at all?

How many wealthy financial advisors do you know? Isn't it strange how financial advisors aren't on the Forbes list lol

If you have 80 Quality stocks hard for you to lose your money

What? How?

unless your dividends are in a ROTH account.. the dividend income is NOT tax free on any other account!

Correct. Qualified dividends in the U.S.

ZIM

@@polster2 long term capital gains on qualified dividends are indeed tax free up to 80K for a married couple.

Yes but not tell Dave that, not that he would listen.

wow.. amazing to see others who trade with Mrs Katherine Flores, i'm currently on my 5th trade with her and my portfolio has grown tremendously.

I invest with Mrs Katherine Flores too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.

this is not the first time i am hearing of Mrs Katherine Flores and her exploits in the trading world but i have no idea how to reach her.

As a first time investor I started trading with her, with just a thousand bucks. my portfolio is worth much more that now within just weeks of trading with her.

she often interacts on Telegrams, using the user below.

I just had to retire at 62 because of a disability. Thank goodness I got smart after 2008 crash, and ditched the mutual funds where I lost 60%, and started buying dividend stocks. DRIP every share. Not wealthy, but those divvy payers are gradually adding up and when RMD time comes at 72 years old, the divvies with SS and allotted % required to withdrawal will make retirement easy.

Dave is not very bright when it comes to investing advise , mutual funds with 1% + expense fees after 30 years you loose a big chunk of profits

He's talking about doing direct dividend investing, not investing through a mutual funds that pays out in dividends

He's not doing it *for* the dividend though

@@random-nz7dy so what? do both! better than pissing money away on a new car or junk!

@@random-nz7dy It's basically the same thing.

Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading

she's mostly on Telegrams, using the user name

MILLER185 💯.. that's it

😱 sounds familiar, I have heard her name on several occasions.. and both her success stories in the wall Street journey!

@@MichealHollobaughscam

While I do like his advice for getting out of debt (&lots of folks need that!)… I’m not a fan at all of his one size fits all approach to finances and wealth-building. Diversification is where it’s at!

APPL is hardly a dividend stock

@@bobpelt False. AAPL pays nearly $15 billion in dividends per year, which is more than most companies.

Creates generational wealth. Plus it come with a stepped up cost basis upon death.

You’re grandfather was a good man.

I rather just say it is forbidden before 59.

Hits his bottom line

@@vitawater4259 lol

This is what I was wondering. Everyone keeps saying you can't pull your dividends/earnings but if you've contributed the amount that's equivalent to the interest you'll be pulling each month you shouldn't be taxed.

Do you mind elaborating?

@@otrebla8944 You basically put it in a stock and it pays you in increments, unless the stock grows. You have to figure, if you put down $5k which seems to be the minimum for any good stock out there (1000 of $5 shares), how many years will that take to pay off with a dividend of even 10% annually?

@@wewhoareabouttodiesaluteyo9303 I guess the math stumped him so I'll answer... it would take about 10 years for you to recoup that investment. Do you have any idea how much growth could have been captured in that same time frame? For example, Tesla over half that time has returned over 930%... So you can either wait 10 years for a return, or you can do what most do and hop on the growth train

@@mateus8676 some dividend paying stocks, if not most, have growth. Also, one's investment strategy matters. If you are young and want growth, then tech stocks are ideal. If you are older and want income, dividend stocks are ideal.

Lots of tech stocks are dividend stocks like ibm, apple, Microsoft, intel. They all pay growing dividends.

Att good example they cut there dividend I half after over 30 years paying and increasing dividends

I have owned oil/gas and dividend achiever stocks since the 80s in high school with over $9k/mo. reinvested dividends currently in my retirement account with 60% invested.. Owned dividend paying REITs since the 90s. Most I have bought when single digits. I never had debt other than nine year mortgage though. Had one or two stop dividend payout but it was understood then they restarted the stock a few years later but value still increase. Had one REIT cut their monthly dividend in half two years ago but was understood and it was $600/mo. instead of $1200/mo.. Some non dividend stocks I have owned for years just started paying dividends the past few years like Apple. Don't have to be high yield. Don't need to chase yields. Just steady dividend payout automatically reinvesting monthly and quarterly. Do due diligence and know what you are investing into. All I know is if it wasn't for owning dividend paying stocks in my 401k automatically reinvesting,dividend increases,and stock/company splits through the years it would not have crossed 1.5 million in 2019 with total contribution of $320k. I can tap into up to $8k/mo. dividends in my Roth and about $4k/mo.with pretax. Currently tapping $40k/yr.. income from qualified dividends to supplement retirement income..

That’s why you buy dividend stocks that have a reputation for never cutting dividends. Like Coca Cola.

And thats why you diversify so that if one gets cut then it's not as impactful

@@suttsd Yup. Even when my dividends were cut I was still already up over at least 200% on the growth of the stock price. But it seems many focus more negatives and hearsay instead of doing the due diligence and math.

Walmart too

@@elcheeko8402 Walmart does pay dividends I should know I worked for them but the stock sucks

@@elcheeko8402 uhhhhhhhh might wanna do some research

It already does Jeff Bezos gets the dividends

You’re right! The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

NICOLE DESIREE SIMON is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her

That was my thought process too. For whatever reason he has a view that anything that deviates from “saving for retirement” is bad or not a good idea. I say do anything that helps grow your income and helps you retire sooner. I personally will not wait until im 60 to cash in and live my life. Im going to reduce stress by increasing my income through dividends.

Dave's thinking isn't right for everyone. Create your own path.

I second this, worst case scenario maybe the dividend income won’t be life changing money but it can definitely help to provide another income stream to achieve other ventures

doesn’t even pay a dividend. he has no clue.

Dave thinks his way is the only and anything else is just dumb.