My first couple years wasn't a lot but it was dollar cost averaging and putting extra $$ in whenever I could. I was getting about $600/yr from it but then I had to sell some of it off to pay for other expenses while I get my business off the ground.
Great Contents. Keep on marching forward, Jack :) I had been a speculative investor earlier on many moons ago. Didn't do well, loss money! Then, I switched over to dividend investing, again many moons ago. I did ok for the first year. Dividend payout was extremely small, like a snail movement. Past forward to today, dividend investing is awesome. Patience is virtue. Time is on your side, my friend. Just think of a building blocks.... Just think of an awesome team you put together with different unique, set of skills.... Just think of a tiny ripple - snow ball begin its journey rolling down the highest mountain, Mount Everest.... The momentum will take over eventually. Let's go :)
If one is in their 40s and just started investing (have 401k from work). Should they just focus on growth etf since it will be too late for them to see real benefits with dividends? I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here
I run a mix. Growth in my roth and 401k. I run dividends in my Individual investment account. Seeing the payments come month after month keeps me in the zone. I just hit the 1m mark in investment profit. Works out best for me. Sometimes it's wise to consult with a pro F.A for the best investment style considering your situation and circumstances. I did, and I'll stand by that decision.
I wouldn't say early 40's is 'too late' for anything related to investing. If you have at least 20 years left to put money into the market then I think growth is a nice way to lean. I would still have a balance of the two. I think value/dividends is good to have at any age in any market (with at least a portion of the portfolio).
@estevez1942 I’m trying to get an advisor for guidance but it’s harder than you think. Anyone who is fee-based is hard to find and usually have a heavy workload. Would you be comfortable sharing a recommendation if it’s not too much trouble
I invested in some stocks myself using pure speculation. Long story short, I blew my account and lost it all. Jonas Herman, a licensed fiduciary is the brain behind my success. I've gotten into a plethora of assets with $13k spread across stocks (options and futures) for the short term and Roth IRA, index funds, and ETFs, for the long term. Now with over 81k in roi, I sit back and just reinvest at intervals while I handle my other career and family.
What I like most, is the fact that one dude your age will blow $300 in one afternoon and will not think about it much, yet you choose to share with us the way you have created this amount in passive income and clearly and rightfully you're proud of it. Ladies and Gentlemen, we're looking at future millionaire!
Agreed. I'm 30 and have only just started investing, can't believe the amount of money I've wasted over the years don't even want to think about how much. Wish I started as young as this guy, he's gonna be doing great by his mid 30s early 40s if he keeps this up!
@maxm1139 First of all my goal is to retire off dividends, maybe I make slightly less money 60 years from now but it’s about a lifestyle that I want not my bank account when I die. I also have other growth focused portfolios.
@@JackMurphyInvesting You know what, after watching your video I'm thinking about having a full-on growth portfolio (or just plain old s&p500). The reason being, you only care about the dividends once you've reached the spot when you need to spend those dividends. Converting a portfolio from growth to dividend should be pretty easy. Or am I missing something?
Great looking portfolio! As a dividend investor for over 30 years, I can say you look like you are on the right track. My first few years looked very small on a total dividend payout, but I can say, It is amazing to watch them grow, and if you keep it up with continual reinvestments, you will do great! I make over twice my job salary in dividends now, and could have retired years ago if I didn't love my job so much. It is great to have financial freedom and work as long as I enjoy it but know I can leave and be just fine.
I Invest for 9 years now. First dividend year was 2019 with 125 bucks. This year i will have about 4500 bucks. Keep going, never stop, dont try to make "quick and easy" money and youll get there.
I'm a lot older than you and have never invested. I am trying to learn and I've seen so many unrealistic videos. Thank you for being honest and realistic. Great video for someone new and learning like me. I'm sure you will do very well. Thank you.
I didn't get serious until I was about 50. 10 years later I was so surprised at the size of my portfolio, and happy. Then retired at 62, early. My portfolio is still growing and providing good mental comfort.
Dude don’t stop this content please, I really appreciate the transparency and I find comfort finding others on the same journey as me except you’re not just investing but content creating , great stuff man I’ll all pop off
I have a lot of the same stocks as you Jack. The important thing is you're starting young. Stick with it! If your return is down, good. You can buy more at a cheaper price. Keep it up!
I am a 55 year old man here in the UK and have just started investing in dividends and I will because of my income only be able to afford 💲50 a week, your video is excellent and I applaud you on your success and the affirmation " "Dollars come to me" will help thank you and I wish you all success for your future. Frank 🤑💸💵💰💯🤑💸💵💰💯
Nice job. I am 63 years old and have a similar outlook. I Hold Ford , the past two years Ford has paid a special dividend and the return has been very good. I picked T over VZ but have now split even between the two. I take 1/2 my dividends from my brokerage account and use those to fund my ROTH. I do some REIT swing trades in my ROTH to avoid capital gains and the nightmare of doing the taxes. At your young age, I would focus a portion of your portfolio on growth stocks. 6-7% dividends are barely keeping up with inflation. Good luck.
Keep it up. I came up from homeless to being financially secure. And dividend investing was the biggest part. Took a lot of sacrifice, but the reward after years is worth it.
Bro, I saw one of your videos randomly about a year ago when I started investing. Good to see you are still going strong! Keep the videos coming and happy investing brother
You are working for your money your putting IN the market. I get what your saying. Should be not doing what you DONT wanna do. Now you can do whatever you WANNA do. Good Luck. It will happen.
We made $21 NZD dividends in our first year of investing. Fast forward 6+ years and we should make about $8k NZD this year. You're on the right path - well done :)
Congratulations on your investment journey! You are very wise to start early…..many people wish they had the insight to do that (myself included). Time is the most powerful factor in compounding growth.
I started out with individual stocks hoping for growth like most people and after losing so much, riding the emotional rollercoaster, and taking up too much time trying to keep up, I eventually gave most of it up and focused on ETF and index’s and it’s been the best thing I did.
You are honest.. completely genuine. It gives perspective. Instagram and youtube is filled with such nonsense, just selling utter garage, from stocks to house flips. They are frauds who never show how they started or even what they fully truly own. Salute man
Great video. I am 19 years old and I started investing in June of last year focusing on dividends by DCA'ing 25 dollars every market day into a basket of etfs and some stocks. It is so motivating to see those payments get higher and higher each quarter/month. Keep it consistent!
Best of luck to you man. It’s nice to see some of the more realistic numbers people get from starting off instead of others who start off with hundreds of thousands to invest. I started investing myself a few months ago and am hoping the etf life pays off in the future.
When starting your investing journey learning and gaining knowledge is essential to success. Read, watch the right You Tube channels, and learn though your own experience. Expect setbacks, mistakes, and some just plain bad luck. Do not be deterred. Grow your knowledge, grow your investment techniques, grow your wealth. I will see all of you on the other side of the ride.
My friend keep going. When the share price goes down that’s when you make money. Dividend investors make money when the stock price goes down and you buy them at a discount. Dollar average everything.
Dude, keep it up and you’ll be free one day. I’m surprised to see a guy your age making content like this, and that’s an awesome thing. Btw, I subscribed to see the next update.
Started investing in February 2023 and 1 year ago was my first dividend ever received. I made 5$ that month. This april, i’m actually at 20$ (4x last year) and the month isnt over yet! In 4 month i almost made more than my entire first year of dividend! Actually at 8k right now, investing everyday/week to be able to pay some bills in the future with those just like you said! Keep up the great work bud, we are in the same boat (22 yo speaking) 😊
I started a similar journey a little over 10 years ago, you will do well, I am now just over 380k invested. Keep it up, get your free employer match as well!
I like SCHD and VIG as a pair of Dividend focused ETF's - they both perform well and have relatively low overlap considering they focus on similar things. I have a decent amount of both in my portfolio Great stuff! Congrats on 2 years!
this is indeed one of the most realistic dividend journeys! i'm not American but i'm building up my US dividend stock portfolio and i'm on my 6th year (i started very late at age 32). All of my friends just look down of the few dollars here and there i think i should show them your video. keep going!💪
I’m sure I can speak for a lot of others but we greatly appreciate you sharing your investing overview. It gives those just starting off an actual accurate representation of what a new dividend investor journey looks like. rather than some RU-vidrs who have hundreds of thousands of dollars invested already.
I didn't too good until I rolled over my previous employer's 401k into a Roth IRA...I have tripled my dividends in 2 years. My favorite dividend stock is OXLC.
Make sure you have a certain stop. Anything that loses more than 10% makes it harder to make up the loss. I also wouldn’t add to losers unless you see a clear bottom and if it falls below that entry i would bail. You can always buy it back if things change.
Congratulations! Keep up the discipline and persistence in investing to grow your passive income. It’s been a game changer for me. I’m not financially independent yet, but I have much better financial stability. And my goals are defined. I delay instant gratification and the dividend snowball keeps getting bigger and better
Congrats :) you are going to do well. Also, you don’t need as much to retire as you might think. I retired at 51. I suggest you learn to do options trading on your dividend stocks. You can really amplify the portfolio. If I were you I would start simple by selling covered calls once you own 100 shares of any single stock. Best of luck to you and keep up to great work. I’m following you now and happy to give any advice if you ever want.
Definitely going to research covered calls when I have 100 shares of anything. Don’t want to rush it and buy 100 shares of something right away though 👍
Options is also a very easy way to lose everything if you are not careful. Personally, I don't do any options. I like to keep the majority of my portfolio in a safe position. My risk tolerance level isn't high.
@@Memoreism How so? If you own 100 shares of KO and sell a covered call you're collecting a premium on top of the dividends and if KO exceeds your strike price you can either roll the call if you want to keep the shares or let it get assigned and sell a put on KO or move onto another stock. There's no way you're going to lose everything writing options unless you're doing it on high risk stocks.
I agree on the options, strategy you have a good base dividend. only difference I would make is to now laser focus on one stock probably ETF, get 100 shares and sell covered calls. then get other stocks to 100 shares and do covered calls on them. In the mean time can paper trade and learn how to do it.
I like this. But I’ll advice to trim down on the stocks. If you have a diversified etf or preferably index, I would say just a few stocks will do. Or else you spread yourself too thin for any of your shares to gather momentum over time.
@@JackMurphyInvesting Super. I started seriously in 2021 as well. But Im 45yrs old now and need to be aggressive. So I got a side hustle, invest 20k a year and sell covered calls to collect and reinvest the premiums as well. Well done to you though.
Thank you for this. Its very encouraging to keep in mind the snowball effect of accumulation. 50 a week is psychologically more encouraging as well, especially for hourly workers. Imagine avoiding college and deep debt and going right to work to retire in late thirties. After that, you can do whatever you want. Start a business, enjoy life, great future!
Yo, I'm 38 and I'm a beginner myself, under 2 years starting. I just want to say keep doing what you're doing. Keep learning, and keep investing. The start is slow, but you'll be closing in on retirement in your 50s more than likely. I love seeing this and I'm excited for you!
The most important thing is his income outpacing expenses otherwise he will not have money to invest. I can't believe people are not way more worried about his continuing to have money to buy the basics+.....
I’m 18 years old and I been investing since 15 but I just learned about dividend yields like a few months from my supervisor and I am so mad bc I seen it at that age but I didn’t know nor I didn’t care but now I’m so pissed bc I could’ve stayed inna few stocks a few years ago but now that I know I’m going hard I’m working a good job, I can get 1k a week and that’s enough to go hard on the stocks I want to invest in
Dude I also started investing at 15 and the first thing I bought was game stop 😭. It takes a few years to get the hang of it but time in the market is all that matters and starting as a teenager is as good as it gets!
I am also in college but it’s important to do both. But I agree if people don’t know what they want to do in life college can be a waste of money and would do better investing in the market.
Once you get built up a good bit, consider putting your O and other REITs in a traditional IRA. They tax the dividends at ordinary income instead of a qualified dividend.
Good for you, Jack. I started much later than I should have and regret it. I'm 48 now. SCHD and SPY are my biggest positions thus far. Didn't know much about expense ratios when I started and may have bought VOO instead. Been buying SPLG instead of SPY recently.
My friend at your age you should look for growth stocks. Dividends pay 3 percent only. Growth could get 30 percent in one year. Once you are old you transition from growth to dividends
Growth stocks are not a consistent 30% a year, you would be lucky to get 30% in a year once every 10 years. Dividends stocks pay like 3% plus their price appreciation so I can get a consistent 8%. I am incorporating more growth but I don’t like the dividend slander 😭
Takes tremendous discipline to do what you're doing, especially at your age when you can just blow your money on trends and entertainment etc. You're a forward-thinking young man. Kudos, congrats and good luck! Rooting for you! More ppl need to watch your channel!
Jack you are doing the right thing. Don't let those who enjoy knocking others down get you down. I am retired and just getting into dividend investing myself but have a lot of retirement savings to invest. Keep going man!
Math is pretty simple. Every share you buy should equal 1% of a share dividend. So if you buy 100 shares, you should be generating around 1 share a month dividend. If the stock is overvalued, you will make under 1 share. Undervalued is over 1 share. Not accurate but it gives you an idea where to be.
Not a bad valuation strategy but do you mean every 4 months, or every 6 months you get a new share? To get a share every month off of 100 shares would need a 12% yield I believe.
@JackMurphyInvesting Yes! I actually mean stocks at 10%. I do this with monthly ETF's. I forgot to mention that part. But I use the dividends from my ETF's ( Not all! 10% to 50% ) to buy my growing dividend stocks every year right after tax season. It's just easier for me to do it this way. Also, I know I should add the expense ratio into the mix but when you build your ETF's up to at least 1000 shares, it's only a couple of dollars you are really talking about. And everyone wins.
My goal is to make money on options, and then go into dividends and then into investment after I have enough for that. So far I’m down 6k and making PUT position on an earnings report share which I believe will return me about 25k , crossing fingers. Wish me luck
I’m going to be honest that sounds a lot like gambling. If your down 6k you probably don’t really know options that well and 25k seems like an unrealistic expectation. I’m sorry to be blunt but the best thing you can do is cut your losses and just buy long term ETFs like VOO or something. Not trying to be mean but I don’t want your losses to start compounding, wish you the best.
@@JackMurphyInvesting youre right. DKS gamble was a rugpull and it worked out. I made money but ive lost more than won even though im positive. just yesterday i lost 1500 on SPY. I was making money 2 months ago but at the start of july i just kept losing over and over without one win. even day trading stocks I just kept losing. Most of the time i trade the market just does the opposite. SPY tanked from 563 and i bought calls in at 556 and it tanked some more and i lost money there just yesterday. im learning a lot honestly but yorue right i need to do more research and understand the habits of the market.
To maximize your gains and dividends do this, only buy on red days, preferably when the stock is down 1% or more, do not buy when is Green Day and way higher than you position. You will see more gains but patience is key, do not sell even if you get tempted.
That’s typically what I do. Dollar cost average on what ever position is down in my portfolio. Last few months have been mostly positive so I DCA a little less and keep some cash in the portfolio. I have over 400 in cash right now so I can capitalize on any positions that are down 💪
thank you for sharing, its really inspiring, I admire your focus! as a 40yo guy who Just starter investing I can give you as advice: Your plan of starting young even if is not in high amounts is the best thing you can do for your future life! Please keep sharing. Subscribed to your channel.
I have 44.5 shares KO div reinvesting every few months, my last div from them was $21.41 (April) and before that it was $20.30(December) started at .50/reinvested in 2019 and now up to $21.41 in 2024!. I also bought some in my Roth IRA and have it reinvest in there as well!
This is great Jack. Discipline and homework will make it happen. You have some great positions there and the fact that they are paying you to wait and you have all the time in the world to make it happen. I know how this story ends. BELIEVE!!!!!
Good start young man. I just started investing on my own at 63. Way too darn late to reap great benefits due to lack of time for compounding. I got more money than you to invest, but will not do as well as you in the long run.
At least you started now. Even though you have less time for it to compound you have more capital to invest, short term you can still make some good profit off of that 💪
I've started investing at 26 years old. Putting $250 into my stocks each month, only started 5 months ago (October 2023). Although my portfolio is still small im forcasted to make $4.16 this month, $3 next month then $5.18 following month. By the end of this year i should be consistebtly making $8-10 a month :D
Hey Jack. This is impressive stuff! I would trade my portfolio for your age any day of the week. Stay the course my friend. Excited to hear more about your journey.
I enjoyed your video, good stuff! The information was spot on, included relevant data points, good details, and easily would generate interest in dividend stocks in someone who was not familiar with them. For content, I can see why you have so many positions, plus trying to feel your way thru this journey of investing and see what hits, but as you go down this road, look at consolidating positions into fewer (but bigger) investments in solid funds and stocks. I wish I had the tools and resources available to me that exist now 25-30 years ago! Good luck on your journey. “The biggest mistake you can make in regards to investing is to do nothing.”
@@JackMurphyInvesting I was listening to Warren Buffett talking about consolidating investments, not having so many positions. I’m making some changes to my 401k strategy and my tiny little personal investments along those lines.
@@christopherhamilton5557 quality over quantity for sure, but you are right that’s it’s easier to make content with more positions which is a factor for me, but my Roth IRA is just 4 ETFs so I keep it simple there.
I would suggest you add SPLG to your portfolio its an ETF that follows the SP500 index. It pays a small dividend and lets you capture more of the markets movements which move mostly upwards with time.
at your age you should focus on open up a Roth account and invest heavily in tech and growth stocks. the gain you get from them will crush any dividend portfolio. you can sell out of them and convert the cash into a dividend etf when you have enough cash. you can also do the same with a brokerage account. Time is on your side.
I also have a Roth which has VOO, QQQM, SCHD and a little JEPI. As far as growth goes I have a decent size crypto portfolio that will probably do well this year. But I do need more exposure to growth stocks which I will be getting more into soon 👍
i started with dividend investing but after doing some research and getting some feedback from more exp people from my circle i switched to growth . i still have my SCHD which is 58% of my portfolio but i am not sure if ill expand on it any time soon . stats : 6k $ portfolio after one year of investing and + 7%
At your age, you should consider Dividend Growth stocks. The immediate yield won't be very high, but MSFT has had several years when it raised the dividend by 10% or more. Compound that out a few years, and it'll look nice.
