How To Invest For Monthly Income

How To Invest For Monthly Income | Dividend Investing

Рет қаралды 66,891

5 жыл бұрын

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Today I'll share with you how to generate monthly passive income by using a staggered dividend strategy!
Auricle here - www.google.ca/amp/s/www.forbe...
#stockmarket #investing #brandonbeavisinvesting
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About Brandon Beavis:
Brandon Beavis was one of the youngest advisors to become fully licensed here in Canada.
In 2013, Brandon officially began his industry studies. Over the years he has completed his CSC (Canadian Securities Course), CPH (Conduct & Practices Handbook), WME (Wealth Management Essentials), 90-day Investment Advisor Training Program, attended the Manulife Professional Development Workshop in Oakville, ON, and attended countless industry seminars, conferences & events to help further his learning.
At age 20, he became a fully licensed Investment Advisor, working for one of Canada’s largest Investment Brokers, Manulife Securities. For 4 years, he worked alongside a highly experienced team at Beavis Wealth Management, specializing in High-Net-Worth Investing. He’s had the opportunity to work under his Father, an advisor of over 25 years, and has dealt hands-on with client portfolios, involving; analyzing, building, and managing multi-million-dollar client accounts.
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About Marc Beavis:
Marc is a retired Portfolio Manager, having spent over 25 years in the investment industry, managing multi-million-dollar portfolios and working with clients of all ages. He retired in 2021 and is a regular contributor to this channel.
Following his initial licensing back in 1996, he completed a number of industry courses, including the Derivatives Fundamentals and Options Licensing Course, Portfolio Management Techniques, Wealth Management Essentials, Investment Management Techniques, Fixed Income Investing, Hedge Fund Essentials, Portfolio Theory, and of course, the Canadian Securities Course.
Marc previously served as a Director of the Canadian Association of Financial Planners (Now FP Canada) including the roles of Vice President and Director of Ethics.
When working in the industry, he held the Chartered Investment Manager (CIM) Designation as offered by the Canadian Securities Institute. In addition, Marc was a Certified Financial Planner (CFP) practitioner, the industry gold standard in financial planning.
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Пікірлер: 106

@beaviswealth 5 жыл бұрын

Been crazy busy over the past couple weeks but look forward to more videos coming soon! Thanks for watching! :D 📈📚 As always, if you're a beginner to the Stock Market in Canada and you're looking for a step-by-step blueprint on how to get started... Find out more about our Investing Academy here - bit.ly/theinvestingacademy

@beaviswealth 5 жыл бұрын

Yes... new apartment and new puppy doesn’t make it any easier 😂 you too man!

@monuta2008 3 жыл бұрын

Respect you got the dum and the subscription:) now an new vidoe pleas about what happens if stock market crash! For example if you invested 10K all scenario’s pleas that’s an good information vidoe what I’m looking forward to

@tamilgroope1690 Жыл бұрын

If we taught kids that $400 invested monthly into the S&P 500 index (8% annual ROI) will grow to $235,000 after 20 years, $380,000 over 25 years and $560,000 after 30 years then we will have a lot less 20 year old making $35k and running to the Mercedes dealership to blow the money

@catherineorlando9075 Жыл бұрын

great, well we never have this well-detailed breakdown of how to build financial growth through stocks like grew up in an average home with both parents as school teachers

@ratledgefreda2923 Жыл бұрын

What I do is invest into ETFs and blue chip stocks but I like to focus on ETFs that mirror the performance of a major index like the S&P 500 for good ROI monthly and long term

@tamilgroope1690 Жыл бұрын

Mine is handled by senior expertise

@begottivince6711 Жыл бұрын

I and my wife invested about $400k some years back into ETFs, some bluechip and individual stocks which makes me about $20k monthly ROI still the best way to build up if you can afford that much

@Bhawana13 Жыл бұрын

Wise choices

@LAHAL1 5 жыл бұрын

I had never thought of staggering quarterly dividends so you get paid every month. Thanks.

@coburnrockwell8958 3 жыл бұрын

I get paid about 5% every week! That's because I want it that way though. Most people i know go for monthly. Quarterly? That's old school!!

@hsiukarl808 3 жыл бұрын

@@coburnrockwell8958 Wow... Impressive. Where/who do you work with?

@samanthaotoole7826 3 жыл бұрын

@@coburnrockwell8958 I know her!!!! We were together at a fundraiser in Dallas. Excellent speaker if I must add

@Kevin_Street 5 жыл бұрын

If I had more money I'd totally do this! The feeling of security would be incredible, knowing that no matter what else happened in my life there would always be a dividend check in the mail - every month!

@PassiveIncomeTom 5 жыл бұрын

I love dividends! The only thing that is hard is finding similar income returns from month to month. 😂

@beaviswealth 5 жыл бұрын

Thanks for watching Tom!

@NashTheo 5 жыл бұрын

Great strategy and thanks for linking the article 🙌

@mindsinmotion2825 5 жыл бұрын

Great content. I am using this strategy in my youtube cash flow challenge portfolio.

@heartcoeur7150 3 жыл бұрын

Hi Brandon! I love watching your vidoes so much! Learned a lot, and still learning. I’m very new to investing and made my first TFSA on wealthsimple. I started buying Canadian dividend stocks from your suggestions, with just $300 as a start. I’m just curios how do I know what my average yield? Do you combine all the yield percentage from each stocks or do you take the yield % from each stocks to get the total?(I hope my question is not complicated).

@EmersonBosworthJr 4 жыл бұрын

A basic version but this is great solid way to get monthly income without expense ratios and comssion. I wish there were more videos like this, perhaps one with dividend aristocrats.

@JeffreyGillespie 2 жыл бұрын

I love videos like this, no bullshit preamble, just method and good information.

@scottscriticalmass 5 жыл бұрын

Good lesson and excellent advice as usual Brandon... I see too many complicating their dividend strategy. Just buy the best dividend stocks, let them pay their dividends whenever and budget accordingly. Big mistake focusing on when the dividends are paid IMO.

@kesyaxD 5 жыл бұрын

Dude, that's the video I was waiting for. Thanks for share this article and your thoughts on that.

@beaviswealth 5 жыл бұрын

Kesya :) glad it helped! Thanks for the comment

@mariasourness8366 3 жыл бұрын

Hi Brandon baevis! I love your watching your videos so much! Learned alot, and still learning. I'm very new to Investing and made my first TSFA with my Investment advisor,it was successful and I started buying some Canadian dividend stocks from my Investment advisor suggestions, with just $500 as a start. I'm just curious how do I know what my average yield? (I hope my question is not complicated).

@stileschristo2739 3 жыл бұрын

@@mariasourness8366 Investment yield are percentage which is discussed between Investment advisor or broker and the client.

@anthonycyril9977 3 жыл бұрын

@@stileschristo2739 I agree with you man. What to do?

@NickPeitsch 5 жыл бұрын

Been looking at buying more dividend stocks here in Canada! Canadian banks have and will prove to be prosperous over the long term.

@jermc6013 8 ай бұрын

With all the talk about side hustles and passive income, I was surprised there wasn't more videos about this topic.

@scottdoucette8959 4 жыл бұрын

Great dividend strategy, staggered. Thank you.

@itz.mariavicz 2 жыл бұрын

Hey, perhaps a silly question... But how do you withdraw dividends without withdrawing the investment (ie: selling a share)? I've been under the impression that the dividend goes toward the share you hold but not to your, let's call it, "free cash" or "principal" account to be used later or withdraw when you need it. I'd love to get some clarification on this! Thank you guys, and Merry Christmas! 🎄⛄

@bigdan7666 2 жыл бұрын

The dividends are automaticaly deposited as cash in your account so its ready to be withdrawn

@urbanman 5 жыл бұрын

Great video but would you please show us how we can extend this to include a Canadian dividend capture strategy as well? Doing this would increase our monthly returns Yes? I am thinking doing this using Wealthsimple

@BrentInvesting 5 жыл бұрын

NiceC I wrote an article like this about 2 years ago and made a video on it - it’s a great idea vs picking a single point of failure from a single monthly paying stock/reit.

@Masimea6811 3 жыл бұрын

Thanks for this. I’m very new to investing and didn’t even know how to word a question to get the answers you shared.

@stevemiller5626 5 жыл бұрын

This is how I do it. I call it the 3 pillars. I'm actually in a hole with the ETF SDIV. I was trapped in the "monthly cashflow" trap so buyer beware. REITS for 1-4-7-10, energy and banks for 2-4-8-11 and best in breed blue chips for 3-6-9-12. Theres exceptions to that pattern but it might save someone some research. Each pillar typically trades independently of each other too.

@pavelzaro1471 10 ай бұрын

Great idea. Thanks

@davidleung1119 5 жыл бұрын

GIC rates too low. Is there a single ETF (Bonds + Equity) with regular distributions you would buy for your TFSA account? Thanks.

@slegentus 4 жыл бұрын

great video and thanks for the acticle

@matthewsilver5455 4 жыл бұрын

Great video! What do you think of preferred split shares?

@AverageJoeInvestor 5 жыл бұрын

*GREAT VIDEO* I love investing for dividends, specifically, reinvesting those dividends to grow my future dividend income. What are your thoughts on the payout ratio of the stocks you select? I prefer dividend stocks with a payout ratio of

@rohihnbarroga4347 5 жыл бұрын

Great video! So I was just wondering if there is an easy to use tax prep software for traders?

@DonPutragis 2 жыл бұрын

Thanks for that great strategy.

@xtcfreaxx 3 жыл бұрын

Was just wondering if anyone knows where I can find payout ratios for etfs, i've come across some pretty high paying etfs but they seem unreasonably high. Looked at a list of the highest paying dividend etfs in the us and their are about 16 at the top of the list ranging from 8% all the way up to a whopping 26%, I realize it's probably too good to be true but would prefer to confirm that or maybe see if there's still a potential strategy that can be used with them such as maybe holding them just long enough to recieve the dividend and then selling as soon as the price reaches a point where i'll still maintain most of my profits from the dividend. Will probably look into a similar strategy with canadian etfs as well to see if skipping the trading fee makes it more viable working with smaller trades.

@ahlammallak8853 2 жыл бұрын

Can you please make a video on how divided stocks works and a step by step using actual software and app to how to invest in them. Thanks 🙏

@blainebradley1833 5 жыл бұрын

Passive income rocks!!!

@beaviswealth 5 жыл бұрын

The best form of income! :)

@Steven-wq8tx 4 жыл бұрын

Really interesting!

@tina_detablan_queen Жыл бұрын

This is a very good strategy, thanks for sharing 🤗

@InvestingEducation 5 жыл бұрын

I prefer Growth At Reasonable price or GARP investing

@moneymotivationmadness3275 5 жыл бұрын

Been looking for that list

@perryjaialai 5 жыл бұрын

Where is your video of the yield curve? Expand on it with the current market conditions.

@antonywagner8079 Жыл бұрын

thanks, that is what i am looking for.

@carlruffier3092 4 жыл бұрын

Yes I was thinking of this strategy, but this video was such a big help especially at pointing out the stocks that pay dividends and when. Thank you very much you saved me a ton of work at figuring all this out.

@amansingh4652 3 жыл бұрын

So how do I start today? Where can I literally put for example $100 < 1 company > $200 < another company. How do I start today so I can start getting returns? Where do I go which website or just in general how..?

@eiebsrebla 3 жыл бұрын

Okay so I’m trying to get into investing, but I’m 20 and work a full-time job, and all I’m looking for is someone to tell me how I can make a tiny bit extra to add to my monthly income. Not for my retirement, but for now. Everything I find is about retirement and long time saving, while that also sounds nice, I’m not exactly gonna retire yet, so can anyone send me somewhere I can learn how to do that, if it’s even possible in the first place?

@pavelzaro1471 10 ай бұрын

I didnt know stocks pay quarter dividents at different months intervals. I thought they all paid those quarter dividends on the same months 😅....thanks. this was interesting

@rockyrejex1247 4 жыл бұрын

How do you find out how many shares you need to receive a DRIP?

@marywils8118 2 жыл бұрын

Thank you😊 for this video, do you offer account management or have any recommendations?

@johnmcconnell216 2 жыл бұрын

@@annmannings1840 You are absolutely right, I have been working with her for months now, so efficient and professional, always making huge profits for me

@richie6777 2 жыл бұрын

@@craigbrown7886 Of course I withdrew my profit last two days before now. I'm glad I did invest with her still reinvested and the trade is ongoing

@bobbyjames5414 2 жыл бұрын

@@millerwoods1343 Can anyone please assist?

@amberlouise5874 2 жыл бұрын

@@adamsgreen4220 I really appreciate 🙏🙏

@nickpope5056 2 жыл бұрын

@@amberlouise5874 I have made over $90K working with her

@jjchenjj 3 жыл бұрын

Since you're taking money from dividends, does that mean you're also getting taxed on it? So say if I make $100,000K a year and also take a monthly amount of $500 from dividends, that makes my income $106,000? If so, is there a way to take your earnings without getting taxed?

@markopolov2207 3 жыл бұрын

put it on TFSA (canadian) any income will not be taxed

@cherrytung 5 жыл бұрын

*dividend investing FTW!!!* 💵💵💵

@beaviswealth 5 жыл бұрын

Woo

@intensetwitch7556 2 жыл бұрын

I kinda disagree with the quarter dividends because it’s faster compounding if you get dividends every month while also contributing every month and the other plus is that when you invest monthly from dividends and contributions you will lower the risk of market volatility.

@MompreneurDiary 2 жыл бұрын

Yes sir I understand and you listed the comoanies for us. I m crying right now Thank You so much

@TheZeeeee69 5 жыл бұрын

I opened Margin account, should i change it to TFSA. What are your thoughts

@archsilber6482 5 жыл бұрын

Zori, it will all depend on your investing capabilities, risk tolerance, goals, and strategies. Some have margin, non-registered, TFSA, and RRSP accounts all at the same time. It's important to know how each works especially in the area of taxation and interest level (margin). I have not personally tried a margin account and prefer not to invest this way. I guess margin accounts fall under non-registered investments which will not have the tax immunity feature like a TFSA or deferral treatment like RRSP. Happy investing!

@tmmnago2722 5 жыл бұрын

How can we evaluate a stock’s intrinsic value?

@ChrisInvests 5 жыл бұрын

Rule #1 by Phil Town was the best book for doing this

@maatrael 11 ай бұрын

I’m guessing this is off of 1 million invested into dividends? 3.5% = 35k/yr … or is there compound interest involved on a smaller amount?

@deanberger9597 5 жыл бұрын

Very nice, I made 463$ in July for dividends alone 🤑🤑🤙🤙 happy trading!

@beaviswealth 5 жыл бұрын

Berg’s Corner Cha-Ching!!!!

@anne-mariel3256 4 жыл бұрын

Berg’s Corner from witch companies?

@ItsCmiHD 4 жыл бұрын

What companies and etfs you using?

@MrHappyman14 5 жыл бұрын

Can you make an in depth video on Canadians investing in U.S. stocks

@gracieplayz6518 4 жыл бұрын

How to start, I dont k ow anything about it.

@neiljohnson7914 2 жыл бұрын

I am not a fan of the staggered approach. I don't want to reject great stocks just because they pay their quarterly dividends outside of my staggered target. I don't care when their dividend payout dates are. If I get lots of dividend income one month and little the next it doesn't matter. I withdraw my high dividends in the high dividend months and put them in my savings account to fund my next months' needs.

@rogeliomontenegro8259 3 жыл бұрын

Can you make a dividend portfolio that pays every day?

@beaviswealth 3 жыл бұрын

I don't think so... dividends pay monthly or quarterly, so I don't think it would be possible to have something pay every day.

@joeyrousselle6086 4 жыл бұрын

As long as i get it by the end of the year haha

@RikoFallo 3 ай бұрын

❤

@DanielIles 5 жыл бұрын

Dividends are great but unless you have a million dollar portfolio you really feel like you are in poverty with $5 dividends 😂

@jonathansteenkamp1872 5 жыл бұрын

First

@user-fg7kl8ub5n 10 ай бұрын

Brandon, is there an American investor who you recommend following similar to yourself?

@stocksstocks1614 5 жыл бұрын

2:30 bro... its the same amount just different months

@beaviswealth 5 жыл бұрын

Stocks Stocks yup lol exactly my point

@Chelefea Жыл бұрын

Does anybody else ever feel this is just another language that you’ll never truly understand 😅

@jaymax4695 11 ай бұрын

Hi, is this still working....

@allinoneal4540 3 жыл бұрын

Bad video. That is the 'how to pull the money' strategy not 'how to invest/generate for a steady income'. It is a waste to hold a mil $ into a 2% dividend stock when there are high div stock if the dividend is the main goal for the grow. No problem if they pay every quarter, the money just goes into the account and you can take what you need. I personally will invest for a 10-20%/yr grow and take the profit rather than dividends.