The average #dividend yield of a typical dividend #Portfolio is 4% (non US citizens are taxed 30% on Dividends) this means as Nigerians we need to have a 6% yielding portfolio for a 4% yield (6%*70%=4%).
This is achievable by investing in a Portfolio of #diversified stocks
How much #investments to get paid monthly dividends
Parameters:
#Dividend #yield 6%(4% after tax)
Dividend #tax rate 30% (non US)
#Dividendgrowth rate 6%
#Share #price growth 8%
Duration #10yrs
1. #100k/mnth - #10million
2. #500k/mnth- #60million
3. #1million/mnth #116million
How many years invested to reach goal
with Monthly payments + #reinvested #Dividends
1.#100k/mnth - invest #50k/mnth for 10yrs
2. #500k/mnth - invest #250k/mnth for 10yrs
3. #1million/mnth invest #500k/month for 10yrs.
#onaijainvestor #dividendincome #naija #passiveincome
The beauty of this is that you can learn how to do this yourself using just your smartphone here in Nigeria.
Another interesting fact- compounding interest makes it faster to reach your goal.
By the time you reach your goal, UR principal remains intact and continue to grow YOY
What is your goal in life?
*Live free by age 30 to 45yrs; or work in your 60s to 70s
rb.gy/vjhjlz
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