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Bitcoin + dividend stocks + growth stocks + rental properties = my path to financial freedom.
Nick | Dividend Investor & Educator
42.9K posts
Nick | Dividend Investor & Educator
@Smartnetworth1
Building wealth on a teacher salary | Posting daily about dividend investing and building wealth | Proud husband and Dad | Not financial advice
Get money, buy assets
Joined January 2022
- This is $165 of BBQ in Williamsburg, Brooklyn.
- A dividend portfolio worth $2,000,000 at a 5% yield will pay out roughly $100,000 of passive income a year. $8,333 a month. That’s the goal.
- Dave Ramsey is good for people trying to get out of debt and get their personal finances under control. Dave Ramsey is terrible for people trying to build significant wealth and retire early from their 9-5.
- A dividend portfolio worth $2,500,000 at a 5% yield will pay out roughly $125,000 of passive income a year. $10,416 a month. Hoping to reach these numbers within the next 10 years. I’ll be comfortable hanging up the 9-5 at that point.
- My dividend income just passed $12,000 a year. Yes it is hard yes I had to make sacrifices but YES it’s absolutely worth it! It happens one share at a time. Next goal $20,000 annually
- Everyone wants a BMW until they find out an oil change is $500.
- Friendly reminder: A Roth IRA is just the account. It’s not the investment. You have to purchase investments INSIDE of the account. A family member showed me their account last night at dinner. They had 15 years worth of deposits sitting in a money market fund uninvested 🤯
- A dividend portfolio worth $2,000,000 at a 5% yield will pay me $100,000 of passive income a year. Never have to sell shares to get profit. Thats the goal. Heading in that direction.
- A dividend portfolio worth $2,000,000 at a 5% yield will pay me roughly $100,000 of passive income a year. $8,333 a month. Thats the goal.
- I’ve built a dividend income of $12,600 a year from these stocks. My 56 Position Dividend Portfolio Revealed….. 🧵
- The 4% rule is nonsense, live on the cash flow and never sell shares. I like that approach to retirement portfolios.