Dividend investing.....let's talk about it!

[winb83]

I'm going to look into this.
I basically just my stuff set to auto reinvest any dividends I get
while investing over time in ETF's on top of my 401K.

Would you happen to know if it's possible to imitate this kinda set up on Fidelity or Vanguard by looking up
the symbols they're using ?

Fidelity doesn't allow partial shares unless you drip back into the same stock the dividend came from.

M1 Finance is better for reinvestment into their pies. You can reinvent your dividends into whatever is the best value at the time buying partial shares.

I know nothing of Vanguard. I use Fidelity and SoFi.

 

[Insensitive]

Fidelity doesn't allow partial shares unless you drip back into the same stock the dividend came from.

M1 Finance is better for reinvestment into their pies. You can reinvent your dividends into whatever is the best value at the time buying partial shares.

I know nothing of Vanguard. I use Fidelity and SoFi.

Alright I'll keep that in mind, so this way of investing is it completely unique to M1 ?
I'm considering jumping over there and checking it out.

 

[winb83]

Alright I'll keep that in mind, so this way of investing is it completely unique to M1 ?
I'm considering jumping over there and checking it out.

The method he uses where the brokerage reinvest your dividends into whatever part of your portfolio is the best value at the time is exclusive to M1 as far as I know. M1 is built on partial shares. The problem is they have a buy window and stocks are only purchased at that same time every day.

 

[Doomsday]

I don't believe in reinvesting dividends back into stocks. That defeats the purpose. It's better to eat off of the dividend with a feeling of accomplishment, and just buy more shares manually.

 

[GoFlipAPack]

I don't believe in reinvesting dividends back into stocks. That defeats the purpose. It's better to eat off of the dividend with a feeling of accomplishment, and just buy more shares manually.

....

 

[Doomsday]

....

Faxs only. What's the point of getting dividends if you never enjoy the fruits. You just looking at numbers at that point.

 

[winb83]

I don't believe in reinvesting dividends back into stocks. That defeats the purpose. It's better to eat off of the dividend with a feeling of accomplishment, and just buy more shares manually.

My goal is that at some point in life dividends are paying a good portion of my bills. I'm young enough right now to not need that money so I reinvest all dividends back into stocks. It's about compounding it all so it grows faster. I don't even pull tax money off the dividends I reinvest it all and pay the taxes off my paycheck.

When I get closer to my 60s then I can pull the dividends and live off them or if the dividend income becomes very substantial I can pull them but right now that's not on my mind. I invest money and reinvest the dividends.

Faxs only. What's the point of getting dividends if you never enjoy the fruits. You just looking at numbers at that point.

To grow the income faster than not.

 

[charknicks]

I think the best way if you want to see the fruits of the dividends would be to have stock in multiple companies that pay you dividends. If you have shares in 4 of them, reinvest the dividends in 2, and take the cash out in 2. I personally want to reinvest at this stage of my life to grow the accounts as much as possible. To make more shares of the stock faster and in turn, more dividends coming to me each month. Unless you have a good amount of money coming back to you (monthly, quarterly, whatever), that little bit isnt gonna do much for you, and you gotta pay taxes on that each year. Let your money stack until you have to use it.

 

[charknicks]

Best dividend stock to get into for my Coli brehs: CRF (Cornerstone Total Return Fund).

Low buy in price per share (right now, $11.46 as of this typing, will fall in next day or 2 with monthly dividend paid out)
Monthly dividend of $.18/share (already guaranteed through June)
Thats $2.16/share/year off of a $11.46 stock. Not finding much better then 19-21% dividend out there.

Based on my previous post as to why to reinvest. Put $1,000 in this now, get about $200 in dividends from this stock this year. Now with that $1,200 next year, make $240 in dividends. Keep stacking.

We needs more suggestions in this thread. Lets get this money, Coli brehs.

 

[Doomsday]

My goal is that at some point in life dividends are paying a good portion of my bills. I'm young enough right now to not need that money so I reinvest all dividends back into stocks. It's about compounding it all so it grows faster. I don't even pull tax money off the dividends I reinvest it all and pay the taxes off my paycheck.

When I get closer to my 60s then I can pull the dividends and live off them or if the dividend income becomes very substantial I can pull them but right now that's not on my mind. I invest money and reinvest the dividends.

To grow the income faster than not.

IMO, It's motivating to even to go to an atm and take out even 20 dollars knowing it accumulated passively. It makes you hustle harder.

Plus I been doing research, you should have more than 1000 a year if you invest 37k in dividends.

 

[winb83]

IMO, It's motivating to even to go to an atm and take out even 20 dollars knowing it accumulated passively. It makes you hustle harder.

Plus I been doing research, you should have more than 1000 a year if you invest 37k in dividends.

My investment are all normal blue chip type stocks. No reits. It's much harder to get high yields on blue chip stocks. My largest investment is Apple and that's under a 2% yield.

 

[GoFlipAPack]

Best dividend stock to get into for my Coli brehs: CRF (Cornerstone Total Return Fund).

Low buy in price per share (right now, $11.46 as of this typing, will fall in next day or 2 with monthly dividend paid out)
Monthly dividend of $.18/share (already guaranteed through June)
Thats $2.16/share/year off of a $11.46 stock. Not finding much better then 19-21% dividend out there.

Based on my previous post as to why to reinvest. Put $1,000 in this now, get about $200 in dividends from this stock this year. Now with that $1,200 next year, make $240 in dividends. Keep stacking.

We needs more suggestions in this thread. Lets get this money, Coli brehs.

Breh!! CRF is the stock I'm about to buy. I'm going to make an initial investment of 1200 so I can buy 100 shares. But then I'm going to buy 10 to 20 shares per month after that. I just planned on reinvesting the dividends. You bought CRF?

Edit: Had to dap the undap then dap again.

 

[winb83]

Breh!! CRF is the stock I'm about to buy. I'm going to make an initial investment of 1200 so I can buy 100 shares. But then I'm going to buy 10 to 20 shares per month after that. I just planned on reinvesting the dividends. You bought CRF?

Edit: Had to dap the undap then dap again.

If you bought that stock back in July of 2015 and held it till today your initial investment of $2316 today is worth $1128. The dividend payouts if they maintained 19.11% since July 2015 would be $954 paid out in 53 months of dividends. Adding back in the dividend payments you're at $2,082 so you've lost $234 on that investment.

I didn't calculate dividend reinvestment over that span but it's not a good idea to see a high payout ratio and buy a stock because of just that. Capital appreciation isn't everything but you wanna avoid losing that initial investment. Looking at the stock price that stock has either gone nowhere (over the last year) or been in decline (the last 3 before that) for a while.

 

[princeofhaiti]

My portfolio is almost a year from the day I started it. Getting close to $1000 a year in annual dividend payments.

how you get dividend payments breh?
do you have to own a % of the company?
can this be done through robinhood as well?

 

[princeofhaiti]

AGNC/DX/IVR are my dividend stock
TQQQ/LMT/CHIQ/AAPL for growth

my stock go up about 100-200 every day without the dividend can't believe I was every content with 90 bucks a month from my 2.5% CD

how much u gotta invest into AGNC/DX/IVR to get dividend returns