Uploaded November 2022 | Updated September 2026, 2 minutes ago
To start comparing quotes and simplify insurance-buying, check out Policygenius: policygenius.com/whiteboardfinance. Thanks to Policygenius for sponsoring this video!
In today's video, we're going to explore the topic of how much money you need to live off of dividends.
In my opinion, getting paid dividends from stock that you own is one of the purest forms of passive income.
I know that phrase gets thrown around way too much on YouTube and social media usually from gurus trying to sell you something, but dividends truly are passive income.
In today's video we will learn:
1. How to calculate the amount needed to live off of dividends
2. How to calculate dividend yield
3. Show some common real-world examples of how this can work for you
I will also touch on other dividend-related topics such as taxes, dividend reinvestment plans aka DRIP, and understanding how important it is to invest in companies that grow and don't cut their dividends year after year.
Stay tuned!
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⮕ whiteboardfinance.com/go/m1-finance-training
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⏰ Timestamps ⏰:
0:00 - Intro
0:41 - How Much Money Do You Need
3:33 - Understanding Dividend Yield
6:02 - Dividend Yield Example
6:58 - Policygenius Spot
8:23 - Living Off Dividends Examples
13:16 - My Thoughts
ABOUT ME 👇
My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos reflect my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.
This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort to every video that I make. I also believe in complete transparency and open communication with my audience.
Subscribe if you are interested in:
#Investing
#Finance
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.
To start comparing quotes and simplify insurance-buying, check out Policygenius: policygenius.com/whiteboardfinance. Thanks to Policygenius for sponsoring this video!
In today's video, we're going to explore the topic of how much money you need to live off of dividends.
In my opinion, getting paid dividends from stock that you own is one of the purest forms of passive income.
I know that phrase gets thrown around way too much on YouTube and social media usually from gurus trying to sell you something, but dividends truly are passive income.
In today's video we will learn:
1. How to calculate the amount needed to live off of dividends
2. How to calculate dividend yield
3. Show some common real-world examples of how this can work for you
I will also touch on other dividend-related topics such as taxes, dividend reinvestment plans aka DRIP, and understanding how important it is to invest in companies that grow and don't cut their dividends year after year.
Stay tuned!
🔥 WBF University - Join My School Here:
⮕ whiteboardfinance.com/wbf-university-waitlist
My FREE M1 Finance Training Video:
⮕ whiteboardfinance.com/go/m1-finance-training
My FREE Stock Market For Beginners Guide:
⮕ whiteboardfinance.com/go/stockmarket4beginners
GET MY HOME AFFORDABILITY SPREADSHEET HERE:
⮕ patreon.com/whiteboardfinance
FOLLOW ME ON INSTAGRAM:
⮕ instagram.com/whiteboardfinance
⏰ Timestamps ⏰:
0:00 - Intro
0:41 - How Much Money Do You Need
3:33 - Understanding Dividend Yield
6:02 - Dividend Yield Example
6:58 - Policygenius Spot
8:23 - Living Off Dividends Examples
13:16 - My Thoughts
ABOUT ME 👇
My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos reflect my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.
This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort to every video that I make. I also believe in complete transparency and open communication with my audience.
Subscribe if you are interested in:
#Investing
#Finance
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.
