A simple roadmap for beginners to reach consistent, meaningful dividend income faster than they think.
Don’t forget about muni’s, lower yields but not taxable.
yep! Good callout. Lots of people forget about munis. Although I think they are not taxed at the federal level, but still taxable on a state level? or vice versa?
California muni’s aren’t taxed in California. I think that applies to most states, but good to double check your own.
Can you please give us an idea of the rough size of the portfolio needed to generate your $50K dividend yield?
it all depends on the average yield.
$500k @ a 10% yield = $50k
$250K @ a 20% yield = $50K
$100K @ a 50% yield = $50K
The higher the yield, the higher the risk profile usually
Great write up! They can either act as I come or compound for growth. Really shows the power of dividend investing.
Yes!! ARCC is great. It's my "set and forget" BDC. Appreciate you reading!
Don’t forget about muni’s, lower yields but not taxable.
yep! Good callout. Lots of people forget about munis. Although I think they are not taxed at the federal level, but still taxable on a state level? or vice versa?
California muni’s aren’t taxed in California. I think that applies to most states, but good to double check your own.
Can you please give us an idea of the rough size of the portfolio needed to generate your $50K dividend yield?
it all depends on the average yield.
$500k @ a 10% yield = $50k
$250K @ a 20% yield = $50K
$100K @ a 50% yield = $50K
The higher the yield, the higher the risk profile usually
Great write up! They can either act as I come or compound for growth. Really shows the power of dividend investing.
Yes!! ARCC is great. It's my "set and forget" BDC. Appreciate you reading!