In this video I’ll reveal how long it took me to reach £1,500 a month in dividend passive income. I invest in mainly large cap UK companies and reinvest the dividends to allow compound interest to take effect. My ultimate aim is for my passive income to exceed the wages of my full time day job. I believe that investing in the stock market and building a diverse portfolio of quality companies will beat inflation in the long term and enable me to achieve financial freedom with the option of retiring early if I choose to.
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Disclaimer
When investing, your capital is at risk and you may get back less than invested. Past performance doesn’t guarantee future results. The information in this video and on this channel is not investment advice. Do your own research.
AI voice + fake story?
You saved 3k per month? for 16 years? Dayum. edit: oh i see, its only 1,5k per month. Stil that's huge.
If my qikmaffs is correct, you made £1800/mo in capital appreciation over 16 years (347k/16*12) – far in excess of the average dividend over that time
Here's a simple formula.
Monthly income desired / dividend return = how many stocks needed.
Then multiply the amount of stocks needed by the share price.
$1,000 / $0.25 = 4,000 shares
4,000 x $25 per share = $100,000 needed to invest.
"Dividends drop to £900 in mid 2020"
* Vomits McDonalds *
Buying these companies..if the share price drops. Doesnt the dividend drop
Be nice to know how much your portfolio is to get £1500pm div
Can I ask in the early days after you initial lump sump payment, how much were you adding a month? And also, how did you split that amount into the shares you own and added?
Good
You'd make more money if you moved it to a 4% cash isa, at least 2.1k per month