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

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

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

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.

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.

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.

Longterm Investors and Dividend Stock investors will love these passive portfolios. A common one is called the Lazy Portfolio. A Lazy Portfolio is a collection of investments that requires very little maintenance. It’s the typical passive investing strategy, for long-term investors, with time horizons of more than 10 years.

1. The Warren Buffett Portfolio is exposed to 90% on the Stock Market. It's a Very High-Risk portfolio and it can be replicated with 2 ETFs. In the last 10 years, the portfolio obtained a 12.78% compound annual return.

Nothing stopping you from having more than one .Portfolio.

1. Dividend growth Portfolio for retirement ( Passive Income) e.g , , , , , , , 40%

2. Growth Portfolio- , , , 30% 3. ETF growth Portfolio: back up for your Portfolios above.. most also pay dividends - , , , , 30%

Total - 100% Investment

ETFs provides
An easier way to diversify your investment by sectors or the entire stock market.

Started investing Nov 2019 in the #NASDAQ and #NYSE using @investbamboo here are my top 5 best performing stocks
Please like my tweet and retweet so I can win... 500likes please.
#nigeria
#dividendinvesting
#dividendincome
#MyBambooMoments
1. Started investing Nov 2019 in the #NASDAQ and #NYSE using @investbamboo here are my top 5 best performing stocks #MyBambooMoments
2. Redwood Trust

A dividend yield tells you how much dividend income you receive in relation to the price of the stock. Buying stocks with a high dividend yield can provide a good source of income. not all Companies pay dividends. The vast majority of dividends are paid four times a year on a quarterly basis, but some companies pay their dividends semi-annually (twice a year), annually (once a year), monthly.

Have you heard of Magic formula investing. Its is picking value stocks based on proven parameters. Investing in them for one year, sell off then pick another set year by year. To make it easier check out magicformulainvesting.com/Screening/Stoc… for value.. stocks based on parameters you put in the automatic picker. For example you can pick 5 to 20 or more stocks a year and always sell off every year. Use the screener in the website to pick another set every year. This beats the market.
#valueInvesting
@ChakaStocks
@investbamboo