This is my plan how to retire by 40 with with Dividend Investing!

► My Stock Portfolio:
► Get 2 Free Stocks on WeBull when you deposit $100 (Valued up to $1000):
► Try Audible and Get Two Free Audiobooks:
► M1 Finance Roth IRA:
► Stocking Stuffers for the Holidays:
► ROBINHOOD Invite Code (grab your other free stock):
► How I Make My Videos:
► Music In My Videos:

►Instagram:
►

Financial independence is on everyone’s mind. Who wouldn’t want to retire early ? How early? Some people can retire by their mid 20s, some at 30s, and my plan is to invest my money until I’m 40. I’m using the Robinhood app as my brokerage of choice, but this can be done with any brokerage. My investing plan is to use dividend to generate enough passive income to pay for my bills.

In this video, I want to show you my progress with dividend investing in the last 5 years. Specifically, I want to show you my dividend income for January of 2020 and compare that to my income in January of 2019.

In order to achieve F.I.R.E. or Financial Independence Retired Early, we have to stay consistent. I’ve scheduled an automatic deposit with the Robinhood app to transfer $2000 to my account on the first of every month. This way, I can stay consistent. I encourage everyone who wants to learn how to invest to be consistent, even if you don’t have much money to start with.

In order to be successful in the stock market, you just have to mentally prepare yourself. There are many ways to put your money to work for you, but the best way to invest that I’ve found that works with my mental health, is dividend investing. You won’t see the same returns and gains as real estate investing because your money isn’t leveraged, but you will see a steady stream of passive income that will continue to grow and hopefully get you to retire early, before you turn 40.

*Links above include affiliate commission or referrals. I’m part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future….(read more)

LEARN MORE ABOUT: IRA Accounts

INVESTING IN A GOLD IRA: Gold IRA Account

INVESTING IN A SILVER IRA: Silver IRA Account

REVEALED: Best Gold Backed IRA

Retiring by the age of 40 may seem like an impossible dream for many, but with careful planning and smart investing, it can become a reality. One strategy that has gained popularity in recent years is dividend investing. By investing in dividend-paying stocks, individuals can build a source of passive income that can help them achieve financial independence at a young age.

What is dividend investing?

Dividend investing is a strategy that involves purchasing shares of companies that pay out dividends to their shareholders. Dividends are payments made by companies to their shareholders as a share of the company’s earnings. These payments are typically made on a regular basis, such as quarterly or annually.

The key to successful dividend investing is to focus on companies that have a track record of stable dividend payments and consistent earnings growth. By investing in these companies, individuals can build a portfolio of stocks that generate a steady stream of passive income over time.

How to retire by 40 with dividend investing

1. Start early: The key to retiring by 40 with dividend investing is to start early. The power of compounding can work wonders over time, so the earlier you start investing, the better. Even small contributions made regularly can add up significantly over the long term.

2. Build a diversified portfolio: Diversification is crucial when it comes to dividend investing. By investing in a mix of different companies and sectors, you can reduce risk and potentially increase your overall returns. Look for companies that have a history of increasing their dividends over time.

3. Reinvest your dividends: One of the most powerful aspects of dividend investing is the ability to reinvest your dividends. By reinvesting your dividends back into the companies that pay them, you can accelerate the growth of your portfolio over time. This can help you reach your financial goals faster and potentially retire by 40.

4. Stick to your plan: Consistency is key when it comes to dividend investing. Stay committed to your investment plan, even when the market is volatile. Avoid the temptation to sell your investments during downturns, as this can disrupt your long-term investment goals.

5. Seek professional advice: If you are new to dividend investing or unsure about where to start, consider seeking advice from a financial advisor. A professional can help you create a personalized investment plan tailored to your financial goals and risk tolerance.

Retiring by the age of 40 may seem like a daunting task, but with careful planning and disciplined investing, it can be achievable. By focusing on dividend-paying stocks and following a sound investment strategy, individuals can build a reliable source of passive income that can help them achieve financial independence at an early age. Start investing in dividend-paying stocks today and take the first step towards retiring by 40.