Why I Quit Dividend Investing
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My PO Box:
Andrei Jikh
4132 S. Rainbow Blvd # 270
Las Vegas, NV 89103
I started my investing journey with dividend investing for passive income. I think it's one of the best strategies to start investing to get comfortable with. First I want to show you the benefits of why dividend investing is extremely powerful and then I'll tell you why I quit dividend investing.
Why dividend investing is the best:
1. Between the years of 1930 to 2017 dividends made up about 42% of the total stock market return. And in a flat market, aka a stock market that just goes up and down but doesn’t really go anywhere - the dividend income strategy is where it shines the most because you’re actually getting paid. You are “realizing” your gains, you are actually making money, not just on paper like you would with growth stocks but there’s actually money going into your account every single month. That’s powerful because you can then reinvest that money back into the markets and increase your market share and actually do better than people invested in growth stocks in that flat market.
2. Taxes. Dividends are incredible is because they are one of, it not the only investment that exists today where you can get paid without ever paying taxes on that income. It’s not a loophole, you don’t have to do any complicated accounting tricks, it’s the law. If you make between $0 to $40,400, you will pay nothing in taxes on qualified dividends if you file as forever alone. But if you’re married and you file together, you can make up to $80,800 a year in income and pay nothing. Just to blow your mind. That’s the same as filing jointly if you’re making $100,000 a year living in Los Angeles California - so that’s $20,000 you’re basically getting for free as a tax credit.
3 . It turns out the 4% rule that we’re told we can live off of without ever running out of money, aka, if we invest 60% of our money into the S&P500 index aka the VOO stock, and the other 40% of that into bonds, we could live like that without ever running out of money but, we can actually increase that withdrawal rate to 5% instead of 4% if we invested in the top 100 highest paying dividend companies in the S&P500. Dividends can give you a higher standard of living by 1%.
4. Better / more accurate retirement planning based on expenses vs passive income rather than selling off principe equity.
5. The psychology. It's much easier to invest long term as a dividend investor with a better mindset.
Reasons why I quit.
1. When I started my KZfaq channel, I was making a lot less than $40,000 a year, so at that time, it made sense to focus on dividend investing because I wasn’t paying taxes on my qualified dividend income. Now I’m really fortunate to be making a lot more than $441,451 dollars a year - I’m now in the highest tax bracket where I will be paying 20% on my passive income.
2. Growth / index fund investing gives a better overall return. I’ve searched decades of data to try to find some dividend index that beats a broad market index like VTI or VOO and I have found zero of them. They don’t exist. I looked at SPHD, SCHD, VIG, VYM, NOBL, all dividend focused ETFs but none of them - over a long period of time have historically beaten broad market funds.
3. Goal is to FAT FIRE instead of just FIRE. This means my new goal is to make $100k passively in income per year.
4. I’ll be buying more of VTI and VOO ETF stocks - which is the broad market index and the S&P500, they track almost identically in terms of how they perform, there’s almost no difference but I like VTI, the whole market because it incorporated companies like Tesla earlier before the S&P500 did, and I like VOO because it’s almost the same but it gives me the benefit of tax loss harvesting where I can sell one and buy the other and it wouldn’t be considered a wash sale. I guess "I quit dividend investing" is a little dramatic, I’m no quitter - I’m just taking a detour while I'm earning a higher income.
*None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
@AndreiJikh 11 ай бұрын
I see a lot of comments here that misunderstand. I didn't quit dividend investing (I'm still buying $100 a day of a dividend ETF, as well as a broad market one). I'm also reinvesting all my dividends which are on track to make a good income over the next 20 years - automagically. :)
@dopeminguez24 11 ай бұрын
Your title says “why I quit” I’m confused
@bosschipmunk 10 ай бұрын
Sir your title 😏
@conordarcy4663 10 ай бұрын
So your title is clickbait.
@zombeloffical 10 ай бұрын
pure clickbait.
@maverickbonato8164 10 ай бұрын
Then I think you picked the wrong title for the video my guy. Although it's just clickbait, I know. Not really good for credibility I gotta say :/
@areyouserial 3 жыл бұрын
The real lesson here is that the real money is in starting a youtube channel giving financial advice.
@foodini666 2 жыл бұрын
correct. no need for dividends when he makes $1000s a day from youtube revenue.
@konsequence9752 2 жыл бұрын
right, dude makes 13k+ a month on patreon even. this dude could retire without investing a cent now
@shirolee 2 жыл бұрын
Hahaha so true...
@supaflydann Жыл бұрын
Bingo
@go4384 Жыл бұрын
It’s called “fake it until you make it”
@joeysolorzano8786 3 жыл бұрын
Top ten anime betrayals
@miriamstrauss 3 жыл бұрын
lol
@CRYCES 3 жыл бұрын
lmao fr bruv
@minimumt3n204 3 жыл бұрын
IM DEAD
@dividendsmatter3108 3 жыл бұрын
I thought it was a "clickbait".. 😣 he's the reason I started dividend investing and I'm forever thankful for him for that!
@EL_PLAGA 3 жыл бұрын
LMFAOOOOOOOOOOOO
@Jamespearson698 Жыл бұрын
Is there anything like proof recession stock? I am 58 years and would like help in managing my retirement portfolio which is currently $1.25M...down from a high of $1.67M….
@CraigMitchell376 Жыл бұрын
It's a delicate season now, so you can do little or nothing on your own. Hence I will suggest you get yourself a professional that can provide you with entry and exit points on the securities you focus on.
@Stanleytucci819 Жыл бұрын
Very true! I've been able to scale from $350K to $650K this red season because my FA figured out Defensive strategies to protect my portfolio and profit from this roller coaster market.
@KalebWhite816 Жыл бұрын
@@Stanleytucci819 wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
@Stanleytucci819 Жыл бұрын
my financial advisor is DIANA LUISE HINES. A middle aged lady from USA who really knows her stuff
@jacksinvestments9105 22 күн бұрын
@@Stanleytucci819your fees are gonna be crazy
@enginkzloglu2964 2 жыл бұрын
*Successful people don't become that way overnight .most people you see as a glance-wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life*
@Tonadek 2 жыл бұрын
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Thanks for this great and educative video. I had been living under average financial income until i came across EXTREMETOPPERS🟣COM Life have been better afterwards
@Tonadek 2 жыл бұрын
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Thanks for this great and educative video. I had been living under average financial income until i came across EXTREMETOPPERS🟣COM Life have been better afterwards
@Tonadek 2 жыл бұрын
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Thanks for this great and educative video. I had been living under average financial income until i came across EXTREMETOPPERS🟣COM Life have been better afterwards
@victorobi26 3 жыл бұрын
Imagine telling your friends to follow Andrei because he's the dividend king...and the first video they see on his channel is why he quit dividend investing lmaooo
@us0ab 3 жыл бұрын
LMFAO! BRO, this is exactly my first thought. All his videos were about why dividend investing was the best way to invest like a year ago and BAM. We got this video now lol 😆 Been watching and following Chicken Genius 🐔 instead 😏😏😏
@JustinGould72 3 жыл бұрын
Most people don't have his tax problem from making over 445k a year, which puts him into the highest capital gains tax %. It's still an awesome strategy, he is just maxed out. A GREAT PROBLEM!!! But how does he expect to contribute to a ROTH IRA with that income? I thought the cap was MAGI of 140k? 🤔 BTW. I've had a ROTH IRA for 10 years sitting with a stupid cash mutual fund until Andrei taught me what it is and how to use it. FML! I'm eternally grateful for what I've learned on this channel. 🙏
@AG-uj1cp 3 жыл бұрын
In a weird way it's actually an incredible endorsement though. He made it. Not solely because of dividend investing but he's set and it was a contributor. Everyone dreams of that kind of financial freedom.
@harbinger_9152 3 жыл бұрын
Dividend Bull look up his channel
@GuitarNinja81 3 жыл бұрын
Growing and learning is a thing.. deal with it
@DoctorProfessorPablo 3 жыл бұрын
Spoiler: He's not actually quitting dividend investing, rather letting it compound on itself.
@phoenixwiseman4018 3 жыл бұрын
And he’s too rich so he get taxed rich people rates. So he’s just gonna stop contributing
@realrajiv 3 жыл бұрын
Thanks.
@ahmadsarwar6814 3 жыл бұрын
Not all heroes wear capes
@chaoticgood7128 3 жыл бұрын
15:51 he admits it.
@DaFr3aK1Er 3 жыл бұрын
You are a hero
@Castrohelena-qf1wo Жыл бұрын
Anyone have any idea which stocks may be experiencing major growth this new year season? A lot of people have been talking about a January bounce. I recently sold my Boca Grande, Florida, house, and I want to invest a lump sum before equities recover in the stock market. Is now a good time to buy or not?
@obodoaghahenry9297 Жыл бұрын
I don't believe there has ever been a better method to understand how to enhance your wealth than by working with a skilled portfolio advisor who can research and experience a wide range of markets. The value of the U.S. dollar clearly has an impact on investing in a variety of ways.
@charlotteflair1043 Жыл бұрын
@@jamesvigor6409 I located her, sent her an email, and we set up a call; hopefully, she will answer because I want to start 2023 on a solid financial footing.
@marcusmaxwell2824 Жыл бұрын
In my experience, I wouldn't mainly because it is possible a crash could be coming in the next month, but it depends on the amount of time you have.
@user-qg1eu7yz7n 2 жыл бұрын
*Its never too late to start from somewhere , I am lucky to have found this source, it’s the future*
@Tonadek 2 жыл бұрын
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Thanks for this great and educative video. I had been living under average financial income until i came across EXTREMETOPPERS🟣COM Life have been better afterwards
@Tonadek 2 жыл бұрын
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Thanks for this great and educative video. I had been living under average financial income until i came across EXTREMETOPPERS🟣COM Life have been better afterwards
@Tonadek 2 жыл бұрын
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Thanks for this great and educative video. I had been living under average financial income until i came across EXTREMETOPPERS🟣COM Life have been better afterwards
@WallstreetMemes 3 жыл бұрын
Long-term investors at night: * sleep and dream of dividends * Options traders at night: * stare at ceiling in stress and horror *
@AndreiJikh 3 жыл бұрын
HAH that's probably very accurate
@miriamstrauss 3 жыл бұрын
Hahaha
@manictiger 3 жыл бұрын
Hard asset investors: Spoons with their favorite gun, surrounded by ammo, bullion, MREs and water bricks.
@investingwithwilliamtherob2834 3 жыл бұрын
What type of options trader? Options are a complex investment; you can make money in many ways, unlike dividends. I can make a seven percent gain from selling calls. I can use less money to invest in a company to capture more shares by using options. Just learn about options before you knock it, especially since you can use them in many ways.
@sangarooncheamsawat4539 3 жыл бұрын
Not if you sell, and have the contract covered. Sell call with a target price, if it hit ok profit. If it misses ok free premium. Sell put with a target price, if it hit ok cheap share. if it misses ok free premium. 100% win, zero stress but you need to choose a good stock.
@LilConniePromotions 3 жыл бұрын
Next week: "WHY I BOUGHT THESE TOP DIVIDEND STOCKS"
@cryptobanter2328 3 жыл бұрын
Appreciate thanks for your review W~T~H~A~S~A~P~P +1~5~3~9~3~3~7~9~6~3~8.--
@unknownt5391 3 жыл бұрын
Haha
@namihndx 3 жыл бұрын
😂😂😂😂
@Jayfrmmia 3 жыл бұрын
😂
@WeLoveValue 3 жыл бұрын
looking forward to the video ;)
@lolaharrison54 2 жыл бұрын
Every person in this country, if not the entire planet, aspires to be wealthy someday. However, the majority of people who aspire to financial security are unwilling to make any compromises. To be wealthy, one most be willing to give up any comforts, should you take a hard look at your lifestyle
@charlottegomez5279 2 жыл бұрын
Fear is a total failure when you give up Ambitiousness; and Success is a game of dice, you throw your $coin while your investment decides your goal
@michaelcarpinelo311 2 жыл бұрын
I'm impressed, noted 👍
@rhpmike 2 жыл бұрын
If you want to save your time: he didn’t leave dividends despite having finally learned that the market outperforms dividend stocks over long periods of time. But, on the plus side, he not only had enough time to promote his affiliate link, but he got that mid video ad roll.
@BuckBowen 2 жыл бұрын
Haha! "mid video ad roll" >_< Thank you, was wondering if he really did or not.
@JFCotman 2 жыл бұрын
Only, the market DOES NOT outperform dividend stocks over time. Morning Star says it this way “A recent study by Factset shows that dividend paying stocks outperform their non-paying counterparts by a dramatic amount. From 1991 through 2015, non-dividend paying stocks earned just +4.18% return per year while dividend paying stocks significantly outperformed with a +9.7% average annual return.”
@Mister_Hassan 2 жыл бұрын
Thank you sir
@threelinesonly7344 2 жыл бұрын
Thanks.
@Mister_Hassan 2 жыл бұрын
💯
@Zerotragedy 3 жыл бұрын
Andrei : I'm quitting dividend investing. Also Andrei : I'm not selling my dividend portfolio and I will continue to let it do what it's been doing all this time.
@seeratech6339 3 жыл бұрын
I guess what he meant is that he’ll stop depositing
@jayred1 3 жыл бұрын
Yeah sorta click bait’y 🧐
@davebosworth1778 3 жыл бұрын
I think he also has stopped taking the dividend payouts and has decided to actually let them compound. So yeah, stopped dividend investing but has just chosen to let the divs RE-invest.
@PurpleFiiilth 3 жыл бұрын
Dividend investing is dog shit
@trianifeA7x 2 жыл бұрын
I personally think it'd be kind of stupid after you've actually gotten results like that. It's like he'd be quiting digging before hitting gold.
@mikesolns1364 3 жыл бұрын
16+ minutes to not quit and just say you're diversifying into ETFs? I want my 16 minutes back
@darklightprojector2688 3 жыл бұрын
Andrei’s videos are always like this: indirect videos that take too long to get to the point. The context isn’t even needed most of the time-Andrei just wants the viewing time because it buffs what his channel makes.
@nova396 3 жыл бұрын
Because you wouldn't have listened to everything he had to say.
@smorrie9204 2 жыл бұрын
Thanks for saving me 16 minutes Mike.
@x2Madda 2 жыл бұрын
THANK YOU, seriously your post is MVP, this twat yammering on about nothing was putting me in a coma!
@legen-dary 2 жыл бұрын
Clickbait. But thanks though, after reading your comment I'm not gonna waste my time and watch this video.
@rebeccabaldlin8377 2 жыл бұрын
In the world right now, wealth is shifting and inflation is rampaging every sector but the smart ones know that it is best to put your future with a trusted professional to secure and even grow the value of your asset and that's why I am stuck with Suzanne Stephens Ellis, I have experienced amazing growth in my Portfolio since I joined her platform in March 2020, I can't say thanks to the pandemic but it was during the pandemic I realized that there were more options and found a new understanding of finance.
@linacui667 2 жыл бұрын
Great content. Everyone needs more than there basic salary to be financially secured. The best thing to do with your money is to invest. Money left in savings always end up used with no returns, actually this the second time I am hearing about the same Suzanne, she must be pretty good.
@egomana9329 3 жыл бұрын
"I make money while losing money" - Mr. Beast in a nutshell.
@connorpgames1126 3 жыл бұрын
Best comment here
@jonasrominger3065 3 жыл бұрын
southgatescapital manages my funds. im up 58k
@jonasrominger3065 3 жыл бұрын
search it, first web.
@jonasrominger3065 3 жыл бұрын
then hit the livechat
@grantvlada2229 3 жыл бұрын
heard of them before.
@MrSmotPoker1 3 жыл бұрын
"Why save 50% when you can save 100% and not buy anything at all?" I think about this more than any reasonable person should
@politicallee9834 3 жыл бұрын
When women brag about how much they saved on some piece of crap item, I say, "Wow! How much do you usually have to spend to save a thousand?"
@vicariouswitness 3 жыл бұрын
Live in means and your meanings will be true and clear.
@acme1 3 жыл бұрын
Same lol we invest in nothing more than the ability to be included in commerce socials
@spencercutlip8634 3 жыл бұрын
Hell yeah, we all should embrace this approach! Too often discounts are seen as "saving" money when it's just an opportunity to spend a tiny bit less! Typically, unless your investment is a researched and appropriately valued stock or something similar you will lose money.
@RackyRyan 3 жыл бұрын
The soul needs only friends and family to be happy. The five regrets of the dying, not one mentioned they wished they had more money. Go live!
@TheTravelingGinger 3 жыл бұрын
I'd love to hear about the mega backdoor roth ira, as well as your feelings on the Roth Solo 401K
@ManTimeT.V. Жыл бұрын
The truth is...he didn't "quit" dividend investing. He left $350k USD in his dividend payers. This tells us all that he still thinks it's wise and important. I do a mix of dividend payers ( ETF, split share funds, closed end funds and also growth index funds ), which I believe is the best of both worlds. You got the long term time in market with them both PLUS you also get the monthly dividends paid out on DRIP or cash. Which, in turn, gets re-invested into these funds and creates a massive snowball FIRE affect after 20+ years of being diligent and dedicated to growing the portfolio. Thanks Andrei! Great video as usual. Take care!
@williambrown9128 Жыл бұрын
What he said!!
@Jdjfbficjenenwk3736 Жыл бұрын
But don’t you have to pay taxes kn the dividends if they’re not in a retirement account? Even if they are reinvested. I mean if you are past the single filing 40,000 income limit or the married joint file one. Imagine you are reinvesting 100,000 dollars worth of dividends in 20 years before you’re ready to retire. Now you have to pay like $20,000 in taxes, right?
@imstupidbut Жыл бұрын
he quit investing new money but didnt sell his purchased stocks
@cavidcavandov943 2 жыл бұрын
🌈 THE BEST DECISION I EVER MADE IN MY LIFE WAS INVESTING IN FINANCIAL MARKET. TRUST ME GUYS, IT PAYS! 😊❤
@imstupidbut Жыл бұрын
when
@shashankkaveti6894 3 жыл бұрын
Dividend investing doesn't make sense for Andrei since he's in a much higher tax bracket than most now. For the rest of us, who are not, dividend investing is still the way to go! Keep investing!
@MegaFinalRound 3 жыл бұрын
Do you have any recommendations of other channels that invest in dividends?
@wardensworld6308 3 жыл бұрын
I follow dividend bull here on KZfaq.
@invincibul 3 жыл бұрын
Any tips?
@Maelthorn1337 3 жыл бұрын
Way to watch the same video we did homie.
@88LoneWolf01 3 жыл бұрын
What’s stocks are best for dividends?
@NickNick-do2qs 3 жыл бұрын
That backdoor IRA investing though. I’m ready for that video
@contingenc3548 3 жыл бұрын
Biggest Flexes In Animé: Tax & Retirement Edition
@FenkaSTi 2 жыл бұрын
I’m glad you’re staying visible even if you don’t have to. Says a lot about your character. May your success be 100x before you retire! Looking forward to your future videos to help me 10x my portfolio.
@pinnedandreijihk.1092 2 жыл бұрын
Thanks for watching don't forget to hit up the subscribe button ±¹ =⁷=⁶=⁵=³=¹=⁵=³=⁴=⁷=³🚩...........
@laapapapa6388 3 жыл бұрын
Andrei: 20% of taxes is a lot Me: laughs in Finnish (34%)
@tjmmckelvey 3 жыл бұрын
Laughs in Dutch, (49%)
@adrianhochmann3091 3 жыл бұрын
@tom You must be kidding.... That can't be true. I'm from Germany an think 27% is a fucking lot
@MPimentaPT 3 жыл бұрын
28% portugal, not too bad compared to those taxes, but not as good as the us
@hindustanibhau6792 3 жыл бұрын
Laughs in Hindi(India) - (30%)
@callmeosho7792 3 жыл бұрын
Laughs in nyc 38%
@benjagmann 3 жыл бұрын
"Why I quit dividend investing (as a Bitcoin millionaire)"
@AndreiJikh 3 жыл бұрын
Why I Divorced from Dividends (As a crypto millionaire) LOL
@MeetKevin 3 жыл бұрын
I just noticed your sub icon looks a lot like Ark Invest. That's a good sign. Subb'd.
@AndreiJikh 3 жыл бұрын
I see what you did... all in with margin on Ark - thanks Kevin 😂
@handofgod9386 3 жыл бұрын
🤣😂🤣
@tomtesting99 3 жыл бұрын
The only reason kevin comments is to advertise his channel. Meet Kevin is the poster boy for r/punchablefaces. lllaaaammmaaa
@Defy_Convention 3 жыл бұрын
Love that there's a scammer right above the real him lol
@itzbebop 3 жыл бұрын
I dunno who this MeetKevin guy is, but he should start a finance youtube channel
@kylejohnston3370 3 жыл бұрын
I’m also 32, also investing about the amount you are. No one in my friend group talks about this stuff because like you said “it’s really nerdy” but I LOVE talking about it. Thank you for all your well-informed transparent insights. You are providing entertainment and education and I love it.
@andreijikh7145 3 жыл бұрын
C....O.....N....T....A....C....T M...E..... .O......N.... .W.....A....T.....S......A...P....F..+1=9=1=0=2=9=0=6=7=1=8-..🇱🇷
@sukhpalsandhu6341 Жыл бұрын
So not against dividend investing, just too successful at it, congrats mate
@idkhgfbjuf 3 жыл бұрын
Make that video about the Mega backdoor Roth IRA, I'm a financial nerd!
@colbykruse6688 3 жыл бұрын
I know, I’ve seen a video on it but I know he would do a much better job explaining
@TheWealthPrince 3 жыл бұрын
"The best time to buy stonks, is all the time" - Spongebob Stonkpants
@AndreiJikh 3 жыл бұрын
😂
@miriamstrauss 3 жыл бұрын
Bahahah
@TheRussianDude 3 жыл бұрын
Wait, wasn't it Patrikson Squidwardillo?
@justSTUMBLEDupon 3 жыл бұрын
The only right answer
@jefferylutz1824 3 жыл бұрын
Everyone keep your heads High there’s a great year coming for investors!!
@ShamileII 3 жыл бұрын
Congrats on the 441k! I liked your analysis on why you switched from dividend investing. ...and yes, I do enjoy your channel...even though I'm very new to it.
@me-duh842 3 жыл бұрын
Definitely make the Backdoor Roth IRA video!
@TheOneRioji 3 жыл бұрын
I mean, I’m still gonna do both growth and dividend investing. Gotta diversify that portfolio!
@acaughey09 3 жыл бұрын
Exactly. Using one trading strategy only is a surefire way to fail
@jonnygraham2372 3 жыл бұрын
Me: *has 5k In dividend stocks* “This man about to end my whole career”.
@polarbearoughey 3 жыл бұрын
I am never going to financially recover from this.
@dustinshaw3355 3 жыл бұрын
I felt the same way, and the he explained it's because he makes too much money. So I think ill be good for a bit.
@asianmasculinity3811 3 жыл бұрын
I'd rather put it in bitcoin
@codesymphony 3 жыл бұрын
5k? enjoy the 30c in dividends
@jefferiesuenukuterangihoka3749 Жыл бұрын
The hardest issue for most investors is stomaching a loss in their investments. And because the stock market can fluctuate, you will have losses occur frequently. You’ll have to steel yourself to handle these losses, or you’ll be apt to buy high and sell low during a panic.
@jefferiesuenukuterangihoka3749 Жыл бұрын
As long as you diversify your portfolio, any single stock that you own shouldn’t have too much of an impact on your overall return. If it does, buying individual stocks might not be the right choice for you. Even index funds will fluctuate, so you can’t get rid of all of your risk, try how you might. With help, these are achievable. Levi Clemans, a pro IA oversees my trades. You can look him up.
@jefferiesuenukuterangihoka3749 Жыл бұрын
Leviclemans(a)Gmai,,Lcom…or you can write him too for assistance
@jefferiesuenukuterangihoka3749 Жыл бұрын
Leviclemans,info on his webpage you can look him up online, and connect with him.
@54321djg Жыл бұрын
It's not a loss until you sell
@rokyericksonroks Жыл бұрын
He seems to have made 40% gains over the past year (0:37) which is unheard of for dividend investors. He certainly has growth names in there.
@TheWelvarend 3 жыл бұрын
Starting later than you did, but I am finding a great deal of excellent insight, experience, and advice in your channel. Thanks for your openness. A great many of us appreciate it!
@CYI3ERPUNK 3 жыл бұрын
welcome to the club andrei ; took u long enough =] ; also im sure everyone would appreciate the vid on the backdoor roth conversion
@JimboJamesShow 3 жыл бұрын
I love your dividend investing videos. I really hope you keep making them.
@NiceGuyEddy00 2 жыл бұрын
I just discovered you and I like your content. I did hear a "mistake" or a "misspeak" when you said that you don't have to pay taxes on your Roth IRA until you retire; which isn't true. You don't need to pay taxes on the income in a Roth even after you retire. Its a traditional IRA where you pay taxes when you retire. Also, I would watch that backdoor IRA video!
@BillSchultz70 3 жыл бұрын
Funny, I just compared gains from my dividend portfolio since I started vs index investing last week and realized I would have done better with index investing. So I chose to sell my portfolio and put it in index funds. I’m too old to get enough money to make enough in dividends to live off anyway. Love dividend investing, but I started too late. Time to keep it simple for me.
@DdawgWalker 3 жыл бұрын
Your $781 from dividends video is what inspired me to get into dividend investing. Sad to see that you've graduated from dividends and moved on to bigger endeavors, but I'm happy for you.
@cryptobanter2328 3 жыл бұрын
Appreciate thanks for your review W~T~H~A~S~A~P~P +1~5~3~9~3~3~7~9~6~3~8.--
@Livinlife-vq3pv 3 жыл бұрын
“I make money by losing money” - every unprofitable growth/tech CEO when the IPO makes them a billionaire
@erics.786 3 жыл бұрын
This is exactly the video I needed with explanations. Thank you Andrei!
@davidvise5801 3 жыл бұрын
"Wealth is like sea water; the more we drink, the thirstier we become; and the same is true of fame" Arthur Schopenhauer
@travis-travels 3 жыл бұрын
Please talk about the mega back door Roth video! A lot of people need this.
@cryptobanter2328 3 жыл бұрын
Appreciate thanks for your review W~T~H~A~S~A~P~P +1~5~3~9~3~3~7~9~6~3~8.-.
@judahgallup5810 3 жыл бұрын
What’s a mega back door? Seen some people touch on it but barely
@mdlm77 3 жыл бұрын
Please do a back door roth video for us nerds!
@artemrevelsky 3 жыл бұрын
I don't understand how he can do it if he does not have an employer that allows after-tax contributions to 401k.
@Nosferazool 3 жыл бұрын
Or just Google it lmfao
@rumourrbw3863 3 жыл бұрын
NOOOO!!!! YOU MADE ME FALL IN LOVE WITH DIVIDENDS
@AndreiJikh 3 жыл бұрын
I still love them!
@miriamstrauss 3 жыл бұрын
Good to have some growth stocks too tho
@fransiscorodriguez8724 3 жыл бұрын
@benards_fx can help you with any info on Telegram channels🤝🤝🤝🙏🙏 base on Bitcoin
@novaricos Жыл бұрын
do a "backdoor Roth" Ira and sidestep the contribution limits!
@AvocadoAtrocity 3 жыл бұрын
I can imagine Borat watching this and freaking out over your "gypsy tricks" while talking about money. 🤣
@Sora_Nai 3 жыл бұрын
Your the first person I ever seen ever talk about liking borat
@moneytalkswithjonathanthom4150 3 жыл бұрын
Love how you broaden your options and still see value on S&P 500 index
@bidmcms3 3 жыл бұрын
Your whole schtick was dividend investing, wasn’t it? You were the dividend guy.
@miriamstrauss 3 жыл бұрын
It’s good to have both
@bobcat8311 3 жыл бұрын
Ya, until he got rich and unrelateable
@gambit2129 3 жыл бұрын
I agree with him. My plan is to dividend invert until those divies can buy bigger growth stocks. Its the smart play. I fully back his decision . Once you get enough monthly you can splurge on bigger things .
@derka4754 3 жыл бұрын
Makes a ton of sense! This is also a good message about having multiple sources of income and how a passion for somthing can lead to much financial success!
@patricec.2957 3 жыл бұрын
yes, until the greed appeared
@emirhangolec1687 2 жыл бұрын
Thanks a lot⤴️For all the effort you laid, for making me smile when I was in blue, and for sacrificing your all to me. So blessed to deal with you
@Tonadek 2 жыл бұрын
Getting a way to make income without having to leave home isn’t exactly as easy as you all think it is--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------talk is cheap and it’s sure easier said than done , I have my source , and I would rather stick to that, it pays well, even my stepdad quickly joined EXTREMETOPPERS🟣COM for bitcoin investment before it’s too late
@Tonadek 2 жыл бұрын
Getting a way to make income without having to leave home isn’t exactly as easy as you all think it is--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------talk is cheap and it’s sure easier said than done , I have my source , and I would rather stick to that, it pays well, even my stepdad quickly joined EXTREMETOPPERS🟣COM for bitcoin investment before it’s too late
@Tonadek 2 жыл бұрын
Getting a way to make income without having to leave home isn’t exactly as easy as you all think it is--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------talk is cheap and it’s sure easier said than done , I have my source , and I would rather stick to that, it pays well, even my stepdad quickly joined EXTREMETOPPERS🟣COM for bitcoin investment before it’s too late
@fuse911 Жыл бұрын
I just wanted to say thank you for explaining it bro. I appreciate you.
@jetsson6053 3 жыл бұрын
Phew that title scared me , but definitely looking forward to a mega backdoor ira video
@rickycordero359 3 жыл бұрын
Glad you found your calling buddy! I've been a long-time follower. Really enjoy the content. Keep it up!
@jimparsons6803 2 жыл бұрын
Liked the clip. Seemed to be wafling between investing in straight up dividend stiuations and or ETFs. Towards the end, he suggeted dividend ETF, which is pretty reasonable.
@user-fk8gk7db7i 2 жыл бұрын
Inbox me 📩........
@JM-lw6py 2 жыл бұрын
LoL I just watched your dividend investing and NOW you have this video....LoL I'm going to watch your latest now. Great videos though, even the old ones.
@SY-sp8uo 3 жыл бұрын
Andrei: I stop investing in dividends. Me: Apocalypse?
@jackreacher4297 3 жыл бұрын
April fools day!!
@lifeofmaru6422 3 жыл бұрын
Please make the back door Roth conversion video!!! I feel like it’s so hard to find information about it.
@rationalis5867 3 жыл бұрын
Fair enough. Thank you for your perspective. :) I will stay the Dividend investor but that's because I am planning on retiring in a few years, hence income-oriented investing.
@GritForgefitness 3 жыл бұрын
I love the face you make when you do the card tricks they are priceless, love the content man really exposed me to another world I knew nothing about much love ❤️
@advenvilla 3 жыл бұрын
You got me into the dividend world. Sad to see you go :(
@talkelley3 3 жыл бұрын
Would love the Mega Roth-IRA video!!
@thompsonbrian4164 3 жыл бұрын
+ ❶ ❽❶❽ ❾❻❸-❾❶❼❻
@michaelshaffer946 3 жыл бұрын
Started watching your channel back when you had less than 600,000 subs Happy to see how far you made it man! It’s extremely inspiring
@Crushanator1 3 жыл бұрын
I'd love a video on the Mega Roth conversion. I couldn't afford to put in 6k a year until recently. But now I'm almost 40 and I missed out on a long time of contributions.
@eman38751 3 жыл бұрын
Let's see that mega roth ira video.. thanks for the info man, I started with dividend investing because of you and then added some growth stocks because of Jeremy lol nice lil mix going
@AndreiJikh 3 жыл бұрын
You nerd.. haha thank you!
@thebean9712 3 жыл бұрын
I really like this video because it also aligns with what I have been learning myself. In retrospect, it was inevitable. The way you invest is largely based on your age and how long you have been investing. As a beginner investor, growth stocks are a must! Especially because of the tax benefits. As you get closer to retirement you can then gradually transition those stocks into dividend stock so that you can start living of the income. You only pay tax on the growth stocks when you sell them, so you have control over how much you then transition over to dividend stocks. Don't go selling the whole thing at that point!
@justasimpleguy7211 Жыл бұрын
So you pay capital gains when you cash them in. Would the cash minus capital gains be greater than the value of the dividend stocks had you been investing in dividend stocks all along? I don't think that's a smart strategy. What if the market tanks when you need to convert to dividend stocks?
@hansdatatrek234 Жыл бұрын
@@justasimpleguy7211 you pay income tax on dividends. Let's face it, you're going to be paying tax one way or another
@kathrynchovanes4857 3 жыл бұрын
I want a video about the mega backdoor Roth IRA!!! (also, great video - thanks!)
@andreijikh3963 3 жыл бұрын
*Thanks for the review ContactmeOn whatsap +18326944706*
@kevinparker2314 2 жыл бұрын
Love your videos. I think you are funny entertaining and informative but above all you are honest which I love. Your not trying to push some agenda. Thank you for these videos.
@dividendsmatter3108 3 жыл бұрын
Well, thanks for everything! Your the reason I started dividend investing and I'm forever thankful for you for it! 🤗🤗 I mean I will keep still watching your videos if they stay relatively the same :D
@MarcGuberti 3 жыл бұрын
I like the reasoning behind your decision. Most investors don’t think about the taxes on their gains and 20 years is plenty of time for those dividends to compound on their own
@stanislavzholnin 3 жыл бұрын
That's interesting, in the UK we have clause about "substantially similar assets¨ in wash sale / bed and breakfast rule, so that tax strategy with VOO and VTI would not work. I am surprised that the US doesn't have similar wording.
@ErikSjaastad 3 жыл бұрын
Yes! Please make a video on mega backdoor Roth IRA conversion! :)
@LoganAllec 3 жыл бұрын
Dividend investing is an expensive hobby.
@BrendanEvan 3 жыл бұрын
This
@ACorn-yj1yu 3 жыл бұрын
Catfishing...
@WeLoveValue 3 жыл бұрын
great quote
@computerlearingchannel4257 3 жыл бұрын
This is the best way to describe dividend investing in a nutshell.
@Zlaterrr 3 жыл бұрын
oh yes. Spent $2k of my last paycheck on stonks.
@aaronmeives4496 3 жыл бұрын
Reads title Me with my final $5 in my bank account: *impossible*
@miriamstrauss 3 жыл бұрын
Lol
@fransiscorodriguez8724 3 жыл бұрын
@benards_fx can help you with any info on Telegram channels🤝🤝🤝🙏🙏 base on Bitcoin
@helghastisgood 2 жыл бұрын
Good video. The argument about stocks crashing and ruining retirement is moot though. The correct strategy is to restructure your portfolio as you get closer to retirement with either bonds or dividend stocks.
@Adrian-cn5rk 2 жыл бұрын
I'm glad I stumbled upon this channel. New sub and a new investor so I'll binging this content
@patriciav6710 3 жыл бұрын
Huge fan. Did backdoor roth last year would love to see your video :)
@ianrooney2275 3 жыл бұрын
Man I wish I had friends like you guys, I've been trying to wake my friends up to this stuff for that past few years and im in my own lol love your content though. Its good to know there are other people like me out there.
@johnherrera2132 3 жыл бұрын
Continue man, at the end it's only you..
@MrLaughingcorpse 3 жыл бұрын
Yeah most people I talk to about it don't understand it or think it's too good to be true. Or it's too risky.
@joaquincostab 3 жыл бұрын
Hey Andrei, I'm looking forward to the mega backdoor IRA Roth conversion video!
@DanWeston3893 Жыл бұрын
Nov 2022 here, what a wild time for Andrei since this video. He lost a bunch of money investing in NFTs, he lost a bunch of crypto that is gone from blockfi. If only Andrei had stayed the course and continued dividend investing he would have been infinitely better off.
@ChrisAnder4281 3 жыл бұрын
I started dividend investing because of your videos. It was a great place to start. You got me on the path to investing and saving my money so thanks for that. People should understand you are evolving as an invester and thats awesome. The way you're going, maybe one day you'll be in a position where you find writing off $100 million in real estate loses makes sense to you. Likely you'll consult a very expensive tax attorney who advises you how and why that would make sense in your case. LOL!!
@vasiliygolovach5720 3 жыл бұрын
Love the Title of the video, grabs the attention. . . . . would recommend to keep an account with dividend stocks just to listeners with a net worth less than $500k. Have a M1 account and keep the viewers on your side Andrei. Can't wait for tmoros live video with the guys.
@miriamstrauss 3 жыл бұрын
Yes, good to have both
@AyeBert 3 жыл бұрын
Mega Backdoor Roth IRA video👍🏾
@benfrankie6936 2 жыл бұрын
looking forward to the backdoor IRA video and your business structure or banking overseas to minimize tax?
@tylerjenkins7977 3 жыл бұрын
I’m about to start a dividend strictly portfolio. The goal being to replace my income with dividends. I already have retirement accounts but I can’t wait until 60 to retire 😂
@bishamuesmus301 3 жыл бұрын
If that’s your goal you should invest in the S&P 500 and then convert these to dividend stocks once you reach the required equity to earn the dividend income you require. It will happen much much quicker this way.
@jonrucker 3 жыл бұрын
I swear you were looking right into my soul when you whispered, "You nerd" haha yes please make a video on the megaback door roth IRA contribution.
@cryptojack8720 3 жыл бұрын
_*Appreciate your _comment.for further assistance.* Wh`at`sAp M.E *+1./9./7./2./3./6./6./0./7./0./3••••*
@user-gk3yl3kh5g 3 жыл бұрын
Looking forward to your next work..
@Raz_Peach Жыл бұрын
Pretty cool video and love how humble even though you have the cash not to be. Keep it up. Just started following. Th ask for the content. 😊
@Criticalthinker432 3 жыл бұрын
Hey man!!! You really inspire me to do better. I appreciate you taking the time out to makes these informative videos thanks andrei
@AndreiJikh 3 жыл бұрын
I appreciate that! :)
@fransiscorodriguez8724 3 жыл бұрын
@benards_fx can help you with any info on Telegram channels🤝🤝🤝🙏🙏 base on Bitcoin
@starwreck 3 жыл бұрын
i'll keep collecting qualified dividends for the both of us
@miriamstrauss 3 жыл бұрын
Hahaha
@AndreiJikh 3 жыл бұрын
haha I didn't think of that, but I guess that could be a reason too, still not my top 3 though
@TortoiseCashFlow 3 жыл бұрын
Me too!
@whitelantern2115 2 жыл бұрын
When you invest for dividends you are more reluctant to sell in a market crash , in which case your money goes down a lot , but if your just investing in growth , when the market turns you just pull your money and swing the crash
@regtalkswealth 11 ай бұрын
This is interesting as I am just starting my dividend investing and will be documenting my journey this was a great insight
@princehaze786 3 жыл бұрын
Andreiiiii bruhhhhhh!!!! I was wonderin what happened to the Jikh in the suit ! Lol. Weekly updates on the stock buys! Im an OG subscriber, we miss that
@AndreiJikh 3 жыл бұрын
Yesssss the suit!! Omg I remember that
@miriamstrauss 3 жыл бұрын
Hahaha
@insomniacsupremacy 3 жыл бұрын
The video quality is so good. Big love from Montréal
@fransiscorodriguez8724 3 жыл бұрын
@benards_fx can help you with any info on Telegram channels🤝🤝🤝🙏🙏 base on Bitcoin
@christopheroberge4866 3 жыл бұрын
Damn aumoins jsuis pas tuseul de mtl qui follow andrei😂
@guillermomartin8248 3 жыл бұрын
So asking for the Mega Backdoor Roth video!
@Tashiano 3 жыл бұрын
I would love to see that mega Roth IRA video
@na-cp9kp 3 жыл бұрын
You've been killing it bro!! Keep up the good work 💯💯💯
@miriamstrauss 3 жыл бұрын
He’s doing great
@fransiscorodriguez8724 3 жыл бұрын
@benards_fx can help you with any info on Telegram channels🤝🤝🤝🙏🙏 base on Bitcoin
@richardcarlin1332 3 жыл бұрын
I do growth investing and dividend investing. Also have international stocks and funds, and some bond funds. Also lots of cash. The key is to have lots of different investment sources.
@thomasrogers7516 2 жыл бұрын
I am both a dividend and growth investor, I have 20 positions in high growth stocks and I'm getting 15 dividend Pay checks too. I was up 135 % last year, which is about 450k in a year with a good dividend paying portfolio, all credits to my advisor; Jane Marie Kunak. My opinion remains; buy as much as you can and wait for the rebound. Only the brave get rewarded in these times!
@Frank-wk7ww 2 жыл бұрын
I googled the lady you mentioned, and after going through her credentials, I can tell she's a pro, I'll be writing her a mail shortly.
@clairehunter6389 2 жыл бұрын
Consistently investing in quality dividend paying companies over the long term is a relatively effective strategy to create generational wealth.
@chiefwaifu2125 Жыл бұрын
Trash fake bot
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