Comments on: How Much Can You Make in Dividend Income? This Spreadsheet Will Show You

By: David Carlson

David Carlson — Sun, 09 Apr 2017 00:16:28 +0000

In reply to Manuel. Reinvesting dividends is a great idea for those who are looking to continue to bolster their holdings. Especially considering how long it can take to build up your dividend income, reinvesting is the way to go until you really need to start using the dividend income for daily life (i.e. in retirement!).

By: David Carlson

David Carlson — Sun, 09 Apr 2017 00:14:56 +0000

In reply to Michael. Great tip about SCHD. A great way to go if you want to stay diversified.

By: David Carlson

David Carlson — Sun, 09 Apr 2017 00:14:19 +0000

In reply to Andrew@LivingRichCheaply.

“Dividends are cool” – can’t disagree with that! I also am focused on growth stocks at this time, but I think it would be great to have consistent dividend income down the road to live off of.

By: Manuel

Manuel — Wed, 05 Apr 2017 08:43:17 +0000

I also love dividend payments. They always feel like “you have something secure from your stocks”. Anyway, I always try to reinvest the dividends directly. This helps you over the long run to grow even more of them and to live a richer life when you retire. I like stocks that reinvest the dividends for you directly.

By: Michael

Michael — Tue, 04 Apr 2017 20:19:46 +0000

Dividend is the easiest form of passive income one can think of. Honestly, I don’t know of any other passive income that take less work.

To insulate yourself from the misfortune of a single company stock, you could invest in a dividend ETF, for example, SCHD, that seeks to track the performance of the U.S. Dow Jones 100 Dividend Index. With an expense ratio of 0.07%, it makes dividend investing super inexpensive and easy.

I am long SCHD and plan to accumulate slowly and steadily.

By: Andrew@LivingRichCheaply

Andrew@LivingRichCheaply — Tue, 04 Apr 2017 18:25:55 +0000

I have a few dividend paying stocks and I can see why it’s enticing to have consistent passive income. There are also a lot of blogs that focus on dividend growth stock investing. I’m mostly in index funds but for the individual stocks that I do invest in, I’m more focused on growth rather than having them pay dividends as those companies are generally more stable. Dividends are cool but I think I’d prefer a company that has more growth and appreciation.

By: David Carlson

David Carlson — Tue, 04 Apr 2017 17:41:19 +0000

In reply to Josh. Very cool to hear, Josh. I think right now there is a huge number of people who are really focused on just getting started investing (i.e. contributing to a 401k) and paying down debt, but long-term I think looking at dividend income can be really motivating. I've found that even having a small amount of dividend income can motivate me to try to earn more.