One of my grand experiments was to live off of dividends from stable funds. Again, I don't care about the bullshit and lip talk and just want to dive into the actual research and results. Using my own monies of about $50,000 and investing it into various Vanguard ETF funds, all I got out of it was $764.30 worth of dividends for 2019. For example, for every $50,000 you are putting into Vanguard, you will only get about $764 per year worth of dividends. There's just no way in Hell, you can get rich off of dividends alone and live a passive income lifestyle. Time and time again shows us the #1 Rule in life: YOU HAVE TO WORK FOR A LIVING! You'd have to have to be a millionaire to be living off of dividends alone!
The above are the exact details of all the Vanguard ETF's I purchased, held on to, used for dividends. After all is said and done, gaining $764.30 for the whole year isn't going to save my ass from working a 9-5 job. For the love of God, keep your day job! On the other hand, earning an income off of the total growth of each ETF may be a more sustainable business model for the average person.
Well, I just wanted to post something of interest for the New Year. I don't want to continue to be broke or living someone else's life as a lie. This is reality I am dealing with. There are poor people everywhere, and I really don't want to be one of them.
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