ilmscore | Prediction Details
"every week I created a system where every week I would invest the money into a portfolio of ETFs the bulk of which were dividend paying so high dividend yielding funds or dividend yielding ETFs and the way that it worked was I would invest money every week and I would get very little dividends for the first few years like it was negligible it was no money essentially in dividends but then over the years what I kept doing was I would reinvest the dividends that I would get and I would continue to keep investing more money and then what has happened now is number one markets have gone up so the value of my portfolio went up along with that number two as companies have made bigger profits they've also paid out bigger dividends along with that number three my portfolio of these dividends have grown bigger and now the income that I'm getting from my dividends we'll talk about this separately than the real estate has grown quite a bit and it's becoming now a real source of income it took a long time to get there it started very small for years but now it's becoming a real source of income the reason why I'm saying this is because dividend investing is a long-term game but it can add a new stream of income for you that's pretty passive if you're willing to stick with it for the long term because the problem that so many people have with it is if a fund is paying let's call it 3% a year in dividends and you have to buy this fund or stock or whatever for $100 if you invest $100 you're only making $3 over the course of a year which is not that much money but if you do it for a long enough period of time here's what you're doing you're not just buying one share you're buying one share a week one share a week every two weeks one share a month whatever you want to call it right we're going through a hypothetical and so now you keep buying more of this thing you're buying more of this thing every week every two weeks every month but then a few years go by and this initial share that you bought is now worth let's call it $200 just to have some fund well not only did the value of this fund go up but instead of paying $3 in dividends it's still paying out a 3% return which is now a $6 dividend right because a 3% return 3% dividend on $200 is $6 but a 3% dividend of $100 is just $3 so now you've accumulated more of these things right if you buy one of these every single week well now after a year you have 52 of these shares 52 things that are paying you $3 a year well after a few years they might not be paying you $3 a year they might be paying you $6 a year but along the way you keep accumulating more of those things that keep paying you a little bit of income that's the way that you can succeed with this where if you look at it over the span of 10 years you can really start to stack that income and the nice thing about this compared to real estate I love real estate don't get me wrong but the nice thing about about this is it can be completely automated"
By Minority Mindset | January 21, 2025 | Pending
Interpreted Prediction
Dividend investing is a long-term strategy that, through consistent reinvestment of dividends and continued investment, can build a substantial passive income stream over time. The income generated grows not only from the dividend yield but also from the appreciation of the underlying assets and the compounding effect of reinvested dividends.

Prediction Details

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