The FASTEST Way to Live Off Dividends

The fastest way to live off dividends is NOT what you think…because it is not by investing in dividend stocks. I’ll reveal the truth about dividend investing and show you how to invest to live off dividends faster.

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The problem with living off dividend stocks is that you need so much invested just to make a decent income. At a measly 3% dividend yield, you need more than $1 million invested in Coca-Cola just to make $3000 a month in dividends. Chasing those high-yield dividend stocks doesn’t work. You might invest less in the QYLD with its 11% dividend but you lose money and the dividend has been cut multiple times.

7 Highest-Paying Dividend Stocks https://youtu.be/mHh0p79uJP4

The real problem is that dividend stocks do not grow fast enough to grow your portfolio so you can live off the dividend. You’ll also have to pay taxes on dividends every year which means less money working for you.

That’s why, if you’re trying to retire on your dividends…you need to start with stocks that will grow your money fast then shift that money into dividend stocks to pay the bills. I’ll show you exactly how to do that in this video.

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0:00 Fastest Way to Live Off Dividends
0:44 Two Investing Traps in Dividend Stocks
2:02 The REAL Problem with Dividend Investing
5:08 How Growth Stocks Build Your Portfolio Faster
5:49 How Long Does it Take to Live Off Your Dividends with Growth Stocks
6:32 How to Find Growth Stocks to Grow Your Portfolio
9:47 How to Start Living Off Dividends
12:58 Why I Still Invest in Dividend Stocks

Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through dividend stocks, investing and ways to make more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
#howtoinvest #investingforbeginners #investingtips

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