Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Extraordinary🇳🇬Investor Profile picture
@ONaija_investor
Aug 12, 2020 • 3 tweets • 2 min read • Read on X
Money is very important in this life. If you are broke people you care about will not call you 99% of the time. But when they know you are rich or just a perceived sign that you have "arrived". Your phone will be buzzing with calls.

Same thing goes for social media followers.
People only follow you based on how rich you are based on knowledge or finance. Most times its finance. So do not underate someone based on follower count. Rich people dont go about saying "follow I follow back". The followers come automatically !!!

So me sef broke like this.
My helper dey your TL abeg retweet.

Merci

#dividendIncome #passiveincome #Nigeria #rich

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Extraordinary🇳🇬Investor

Extraordinary🇳🇬Investor Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @ONaija_investor

Extraordinary🇳🇬Investor Profile picture
Sep 26, 2020
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
Read 5 tweets
Extraordinary🇳🇬Investor Profile picture
Sep 24, 2020
Passive income is income that requires little to no effort to earn and maintain. It is called progressive passive income when the earner expends little effort to grow the income.

Sources if passive income you includes...
Bank deposit

It is one of the most popular and simplest ways to gain passive income. A person gives a certain amount of money to a bank and takes interest every month
Securities

The profit, created by security, is in general inversely proportional to the risk it holds
Examples includes: stocks, bonds, preferred stocks, money market, hedge fund.
Read 6 tweets
Extraordinary🇳🇬Investor Profile picture
Sep 23, 2020
Suppose that you want to get paid #100,000/month in passive income in 10years.
Assume an annual rate of return of 8%, annual dividend increase of 6%. Annual dividend yield of 6% (4% after tax)

You will reach your goal by investing.

#46k ($100) at the beginning of each month
At the end of 10 yrs, your yield on cost would be 20.80%, annual dividend income (#1million), total return 93%, average annual return 9.36%.

If you decide to cease investments for the rest of your life after 10yrs , the dividend will keep increasing.

rb.gy/vjhjlz
Therefore at the end of year 20 your passive income will be #340,459/mnth

Another interesting fact is that your investments keep growing and you will only be living off your dividends.😎

rb.gy/vjhjlz
Read 4 tweets
Extraordinary🇳🇬Investor Profile picture
Sep 16, 2020
When men prefer their wives to cook home made meals, you go dey hear Babe why can't you cook, cooking is not designated to one gender. When it comes to paying bills Women don want to share responsibilities.
Sharing responsibilities, paying bills in the home is not designated to only one gender, make we make everything 50-50 so that all will be well at home. Women should stop playing victim when it comes to responsibilities at home.
This is the reason men have low life expectancy compared to women, because we carry too many responsibilities and the society expects we men to always provide no matter the situation. In the same vein, men are always shamed when they come short of providing.
Read 4 tweets
Extraordinary🇳🇬Investor Profile picture
Sep 6, 2020
How to be financially free in 10 to 15years in Nigeria

FOR SALARY EARNERS

1.Develop a monthly budget of expenses,savings and investments
2.Keep loose change in bank accounts;
3.Develop an emergency fund with 3 to 6 months worth of expenses and put it in @PiggyBankNG wallet to get that monthly interest then compound it every month.
4. Invest at least 25times annual income by investing in stocks for at least 10 to 15years.
Open 3 different portfolios with different strategies & develop a monthly investment plan. @trove @chaka @investbamboo to reach your FI goal.
5. Always stick to your plan.
Read 7 tweets
Extraordinary🇳🇬Investor Profile picture
Aug 1, 2020
With #50million, I can teach you how to get paid atleast #102k monthly without doing any work till eternity (and the income grows too)

#dividendinvesting
#naija
Using US stocks

Investing in 20 to 40 dividend paying stocks; inclusive of #dividendaristocrats & #dividendChampions building the Portfolio to yield atleast 3.5% annual income.
#50million x 3.5%( annual yield)=#1.75million, adjusting for ((30% US tax)= #1.22million dividends paid annually.
Monthly average payments (#1.22million/12months) = #102k per month. QED!!!

@investbamboo @trovefinance @ChakaStocks

#dividendinvesting #passiveincome
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

Send Email!

:(