Financial Advisor Explains: Ditch the Dividend
About this lesson
Focusing on growth allows you to get more income from your investments sooner than relying solely on dividends. Creating passive income from dividend-paying stocks requires significantly more money invested than using growth from stocks to create passive income. ⭐️ Want individualized guidance with your investments? I'd love to help ⭐️ View my rates and services here: https://moneywithmaggie.com/services 💻 Watch my free Passive Income training: https://startinvestingwithconfidence.moneywithmaggie.com/passive-income 💻 Grab my 4 Steps to Invest, Quick Start Guide: https://moneywithmaggie.com/freebie 💻 Catch Daily Tips Instagram: https://www.instagram.com/moneywithmaggie ⭐️Watch my Investment Help playlist here: https://youtube.com/playlist?list=PLxkXmnRlyF4i5cXskFfSrpG0pBVQrZNuo Time-Stamps: 00:00 Introduction 00:35 Dividend vs growth stocks 01:08 Warren Buffett's thoughts 01:41 Past performance dividend vs growth 02:49 What's a high dividend? 03:20 How to take income from growth 04:08 How much you need invested to generate $1k 04:54 The downside of selling growth 05:08 Establish 2 buckets
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