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#Dividends #10x #Active #Income
Why Dividends Are 10x Better Than Active Income
Why Dividends Are 10x Better Than Active Income
In this video I’m going to tell you why I value passive dividend income 10 times more than I value active income that I have to work for.
Chat with me on my free Dividend Discord Chat Server ➜
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or
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To get access to my Spreadsheet 2.0 then please sign up as a Patreon Aristocrat or King (and double check my Patreon site to ensure I’m still offering access, as I only have limited seats available). You also get other perks for signing up including the ability to watch my videos on my Discord before I release them to the public, and the ability to vote on what thumbnail I’ll use in some of my future videos, and you gain direct access to me.
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Feel free to ask questions on Instagram, Twitter, Reddit, email, or here on YouTube. Listen to my videos as Podcasts on iTunes, SoundCloud, Spotify, Castbox.fm, etc.
My Approximate Dividend Portfolio on M1 ➜
My Referral Link to M1 for free $ ➜
Reddit ➜
Listen to my Videos as Podcasts on iTunes ➜
Listen to my Videos as Podcasts on SoundCloud ➜
Investing Books to read (as an Amazon Associate I earn from qualifying purchases):
The Intelligent Investor ➜
One Up on Wall Street ➜
Rich Dad, Poor Dad ➜
The Richest Man in Babylon ➜
A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing ➜
The Bogleheads’ Guide to Investing ➜
Attributions/SEO:
Are options covered calls smart to do with dividend stocks?
What is securities lending?
What is passive income? What are types of passive income?
How are dividends taxed?
Is Passive Income Good?
Disclaimer: I am not a financial adviser. These videos are for entertainment, inspiration, and educational purposes only. Investing of any kind involves risk. I am only sharing my opinion with no guarantee of gains or losses on investments. Please consult an appropriate adviser and do your own research before making any decisions on anything. I am not responsible or liable for any actions you take. The data shared may be inaccurate.
Copyright © 2022 GenExDividendInvestor. All rights reserved.
#Dividends #DividendInvesting #DividendGrowthInvesting
active income
Why Dividends Are 10x Better Than Active Income
In this video I’m going to tell you why I value passive dividend income 10 times more than I value active income that I have to work for.
Chat with me on my free Dividend Discord Chat Server ➜
Free $$$ for new M1 accounts referral link ➜
Details about the free M1 $ ➜
or
Follow me on Instagram ➜
Follow me on Twitter ➜
To get access to my Spreadsheet 2.0 then please sign up as a Patreon Aristocrat or King (and double check my Patreon site to ensure I’m still offering access, as I only have limited seats available). You also get other perks for signing up including the ability to watch my videos on my Discord before I release them to the public, and the ability to vote on what thumbnail I’ll use in some of my future videos, and you gain direct access to me.
Support me & get Patreon perks ➜
My Dividend Merch Store ➜
Donate to St. Jude’s Children Hospital:
Please use my Amazon Affiliates Link ➜
Thanks! As an Amazon Associate I earn from qualifying purchases. That means I get a small commission for each purchase you make after you click on my link and you shop, but it doesn’t cost you anything extra. It is a great way you can show your support for my channel. Please tell me if you do that, so I know who my big supporters are!
Please LIKE, COMMENT and SUBSCRIBE to support this channel – it helps me immensely! Also, please SHARE this video with your friends 🙂 Thanks, I really appreciate it!
Get more great info – Subscribe! ➜
Share this Video ➜
Watch this Video next ➜
Feel free to ask questions on Instagram, Twitter, Reddit, email, or here on YouTube. Listen to my videos as Podcasts on iTunes, SoundCloud, Spotify, Castbox.fm, etc.
My Approximate Dividend Portfolio on M1 ➜
My Referral Link to M1 for free $ ➜
Reddit ➜
Listen to my Videos as Podcasts on iTunes ➜
Listen to my Videos as Podcasts on SoundCloud ➜
Investing Books to read (as an Amazon Associate I earn from qualifying purchases):
The Intelligent Investor ➜
One Up on Wall Street ➜
Rich Dad, Poor Dad ➜
The Richest Man in Babylon ➜
A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing ➜
The Bogleheads’ Guide to Investing ➜
Attributions/SEO:
Are options covered calls smart to do with dividend stocks?
What is securities lending?
What is passive income? What are types of passive income?
How are dividends taxed?
Is Passive Income Good?
Disclaimer: I am not a financial adviser. These videos are for entertainment, inspiration, and educational purposes only. Investing of any kind involves risk. I am only sharing my opinion with no guarantee of gains or losses on investments. Please consult an appropriate adviser and do your own research before making any decisions on anything. I am not responsible or liable for any actions you take. The data shared may be inaccurate.
Copyright © 2022 GenExDividendInvestor. All rights reserved.
#Dividends #DividendInvesting #DividendGrowthInvesting
26 Comments
In this video I’m going to tell you why I value passive dividend income 10 times more than I value active income that I have to work for.
Chat with me on my free Dividend Discord Chat Server ➜ https://discord.gg/kkSr5FY
Free $$$ for new M1 accounts referral link ➜ https://m1.finance/AUzJllYh-gGh
Details about the free M1 $ ➜ https://www.m1finance.com/refer50/#terms
or https://www.m1finance.com/refer30/
Follow me on Instagram ➜ https://www.instagram.com/genexdividendinvestor/
Follow me on Twitter ➜ https://twitter.com/GenExDividend
To get access to my Spreadsheet 2.0 then please sign up as a Patreon Aristocrat or King (and double check my Patreon site to ensure I’m still offering access, as I only have limited seats available). You also get other perks for signing up including the ability to watch my videos on my Discord before I release them to the public, and the ability to vote on what thumbnail I’ll use in some of my future videos, and you gain direct access to me.
Support me & get Patreon perks ➜ https://www.patreon.com/genexdividendinvestor
My Dividend Merch Store ➜ https://teespring.com/stores/genexdividendinvestor
Donate to St. Jude’s Children Hospital: https://www.stjude.org/donate/donate-to-st-jude.html?sc_icid=header-btn-donate-now
Please use my Amazon Affiliates Link ➜ https://amzn.to/2YLxsiW
Thanks! As an Amazon Associate I earn from qualifying purchases. That means I get a small commission for each purchase you make after you click on my link and you shop, but it doesn’t cost you anything extra. It is a great way you can show your support for my channel. Please tell me if you do that, so I know who my big supporters are!
Please LIKE, COMMENT and SUBSCRIBE to support this channel – it helps me immensely! Also, please SHARE this video with your friends 🙂 Thanks, I really appreciate it!
Thanks for sharing! Awesome video!!! Be well.🙏🏿🙏🏿🙏🏿
Sorry to hear about your health, good will to you. thank you for this video. Exactly what i needed.
The ‘WTF. haters.’ part at the beginning, legit made me lawl 😄
Dividends are not like rental properties. When you rent a house your house doesn't lose any value.
… but why particularly dividend income as opposed to stock value increases? The S&P500 typically does better than dividend income even if you reinvest the dividends… so why wouldn't you use a platform that allows fractional shares, put money in an S&P500 ETF like SPY and sell fractions each month while still getting higher returns? I'm not asking facetiously. Do dividend strong stocks perform better in a bear market or something?
I love it GenEx! I find that most “passive income" is merely progressive income, in that being they still require a lot of work at least to start. Though I've found the most truly passive incomes are dividend income from good solid companies, and completely passive real estate such as Fundrise. I truly love passive income as well as it requires little very little except to sit back and live life:) Good video!
This video is pointless
You forgot to list the dividend stocks we should buy
I mean isn't the fact that your making a video about not needing/wanting a job, to get you ad revenue $$ a contradiction to at least 1/3 of the points in this video ??
👍
Ya know… I've noticed something about you that I like.. on YouTube we have the pumpers that want to get on here on a green days to say I told you soo. Then we have the guys only pumping their stocks like Joseph carlson. But you. You seem to only put videos out on red days, to say stay the course, take control, don't freak out. We will be great in the long run. You truly are motivating and calming on those bad days. Thanks for all you do.
Real Estates rule for now, although it's good to have both.
<I feel those who would allow the market dynamism to determine when to trade or not are either new in space in general or probably just naïve, the sphere have seen far worse times than this, enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading sessions, I'd say that more emphasis should be put into trading since it is way profitable than hodling. Tradlng went smooth for me as I was able to raise over 9.2 BTC when I started at 1.5 BTC in just few weeks implementing trades with signals and insights from Finn Donovan. I would advise y'all to trade your asset rather than hodl for a future you aren't sure about..You can reach Mr Finn via Telegram: {@Finn_Donovan}
I often mention this on market videos, but don't ever really get any feedback. I'm a passive investor focused heavily on multi family residential real estate. Yes there are a lot of downsides to it, the main one being it's not truly passive. But nobody ever mentions the downside to handing over money to large corporations whose policies/practices you may not agree with. I've literally seen a video where an investor complains YouTube is trying to demonetize him & costing him clicks, then goes on to reveal he owns stock in Google. At least with real estate you decide where and how you're going to invest and what effect that will have on a community. With shares you can invest in Nike & have no idea where they're going to open their next child labor sweatshop using the money you & others just gave them.
It's funny that you are showing concrete workers who probably don't pay income tax because they get paid unreported cash while talking about the IRS and taxes.
Sell everything right now.
Buy back in six months hence.
Thank me later.
Sounds like you need a new wife bro 😂 not a fan of dating women who are big spenders. Why marry someone who uses all your money?
Great video. Would you consider making a video on the ways to pass a dividend portfolio down to your kids and hopefully there kids etc..
If I'm building dividend stocks in a Roth, can I still take the cash out or does it need to stay in due to the withdrawal rules?
but wouldn't you have a higher total earnings if you just invested in the S&P 500, dripped, and then sold shares every time you wanted money, still taxed at the capital gains? In other words, wouldn't that amount in more money and greater control of your money than just getting the dividend? Serious question…
That right there is my goal I want to move to Wyoming and make 80k to pay 0% income tax.
Another great video. I started investing back in the early 80's primarily in growth stocks. Now retired, I now live on a modest pension and using dividends to supplement my income. Im waiting until 70 to apply for SS. I don't need it now but in theory, SS should grow 8% a year. With the current inflation at 7.5%, I think its fine.
Thank you for the great insights!
Always better than most real state that liquidity is fundamental to me and transaction costs are much lower its also easier to move around and change stocks, more so than real estate! Thanks for the video and take care…
Another great vid! I hope to be living the dream soon too… over $7,500 last month in divs. Getting closer! Cheers Genex 💃