🤑 Earn $1000/month Dividend with this system ... Thank me later!

Welcome to Wealthy Enough - my weekly newsletter where I share actionable insights to build your life of Enough.

Do you love Dividends like me ? I love it because it’s the ultimate passive income

Well then, let’s learn how to earn it! .. Things I’m covering today:

“Dividend” the first time I read this term was while playing “Monopoly” with my cousins during winter school break in the 90s. I quite didn’t understand what it meant back then to be honest! Remember? that rare reward when you flip the “Chance” card. Yep! This one 👇.

Decades later, it’s one of my passive streams of income. “Monopoly” was in fact a life changing game! Only if you play it seriously. Well, when you’re playing it with your competitive cousins it’s always a serious affair isn’t it? 😃

So what is Dividend?

Based on the definition by Investopedia “ Dividends are periodic payments made to shareholders from corporate profits.” Well, in simple English - it’s a percentage of the profit that the shareholder receives. COLD HARD CASH 💵

So basically, If you own shares, you receive a cash payment per share. For example, if a stock pays a $1 dividend and you hold 100 shares, you get $100.

How can I earn Dividend?

Well, let’s do the math first

$1000 a month equals $12,000 a year in dividend income.

Now, to earn $12,000 a year with a 5% average dividend yield, you'd need a portfolio worth around $240,000. (12000/5%)

Sounds like a big number, right? You can’t expect big things to happen in a day right? Take one step at a time.

Let’s set smaller, more achievable goals. Start by aiming to earn $100 a month — or $1200 a year — in dividends. That requires about $24,000 invested.

Once you hit that, move to $200/month, then $300/month, and so on.

Basically, if you can reach $100/month, you only need to repeat that 10 times to hit your goal of $1000 a month in Dividend .. well it’s easier said than done, but consistency and patience is the key here.

I’ve done it, YOU can too!

I’ve shared my $1000/month Dividend Strategy in this Video. Check this👇:

You can utilise my ALL-IN-ONE PERSONAL FINANCE SOLUTION GOOGLE SHEET if you are looking for an effective solution 👇:

Get a head start on your Personal Finance, watch these 👇

That’s all for this week. I hope you’ve found this helpful and insightful.

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I’ll see you next week 🙂

Saeem Khan
Creator of Wealthy Enough.
Software Engineer, Investor, Content Creator
www.saeemkhan.com