The Snowball Effect: The Power of Dividend Investing

Hopeful Investor
Hopeful Investor
6.2 هزار بار بازدید - پارسال - In this video, I will
In this video, I will outline the 4 steps you need to put in place to create a dividend snowball, that can help to supplement your income or (if you start soon enough) may even be enough to replace it!  A dividend snowball allows you to utilize the dividends you receive to buy more shares, which creates more dividend income, which then allows you to buy more shares and on and on until you've created a massive snowball of passive dividend income!

The sooner you get started the more time you have to watch that snowball grow. Do you want to build a snowman? I may or may not break out into song at the end... so you'll have to watch to find out! :)

Thank you to Jake from ‪@DividendGrowthInvesting‬ for sharing his spreadsheet and dropping his knowledge with us all!

If you are new to my channel, my goal is to provide education on dividend investing and personal finance because it's just not taught in schools. I love investing in dividend paying stocks so that I can work to create a passive income stream with the ultimate goal of living off of dividends in the future. Through dividend portfolio reviews, dividend income updates and exploration of different stocks and ETFs my aim is to educate people and share my own investment journey so others will join in on the retirement journey and find ways to build their passive income for financial independence.  

You can subscribe to my channel by clicking here:
@hopefulinvestor

I do the vast majority of my stock/ETF research using Seeking Alpha and it has seriously allowed me to make much better investing decisions with information at my fingertips. If you sign up using my link, it's only $99!!!
https://www.sahg6dtr.com/F34S6H/R74QP/

Now we all need a way to track those dividend payments that are coming in, take a look at The Dividend Tracker, you may find it as helpful as I do!
https://thedividendtracker.com/?ref=7...
I also use M1 Finance as a brokerage and if you sign up using my link, you and I both get $10 to invest!
And if you are looking to start a simple easy to use Brokerage Account and receive a free stock, you can try Robinhood here: https://join.robinhood.com/taral-d214...

DISCLAIMER: Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting the Hopeful Investor, I hope these tools help you as much as they help me!

For investment ideas, education, dividend increase updates, check out some of my playlists below:

- Dividend News: Dividend News: Increases Announced!

• Portfolio Updates https://youtube.com/playlist?list=PLs...

• Dividend Snap Shots Dividend Stock Snapshots

• Dividend Stocks   Dividend Stocks

• Dividend Payments Dividend Payments      

• Dividend Aristocrats Dividend Aristocrats  

• Ex Dividend Dates Ex Dividend Dates

• Dividend Education Investment Education

• Education Playlist

• Dividend Stock Purchases Dividend Stock Purchases

• Personal Finance Personal Finance

I'm not a financial advisor, so the content I share is from my own research and experience as I work toward financial freedom.



Stay hopeful and Be Well!

The Hopeful Investor
XOXO
#dividends #investing #stocks
پارسال در تاریخ 1402/01/16 منتشر شده است.
6,273 بـار بازدید شده
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