Read on Twitter
As promised, here are some crazy numbers on @CJ_Johnson17th’s $110,230.08 in annual dividend income
Sit back and look at this amazing feat
Hope y’all enjoy!
(thread)
Sit back and look at this amazing feat
Hope y’all enjoy!
(thread)
Before I dive into the numbers, I want to talk about his contributions
On August 28, @CJ_Johnson17th posted about his $102,345.48 in annual income
Then today, September 8th, he posted about his $110,230.08 in annual income
That’s HUGE growth
See here
https://twitter.com/cj_johnson17th/status/1303394235408814081
On August 28, @CJ_Johnson17th posted about his $102,345.48 in annual income
Then today, September 8th, he posted about his $110,230.08 in annual income
That’s HUGE growth
See here
https://twitter.com/cj_johnson17th/status/1303394235408814081
In 14 days, his dividend income grew by $7,884.60
Talk about a buying yourself a raise
If @CJ_Johnson17th keeps that rate of growth, he will reach ~$173,306.88 in total annual income
~16 weeks left in 2020
Every 2 weeks @CJ_Johnson17th buys himself $7,884.60
Talk about a buying yourself a raise
If @CJ_Johnson17th keeps that rate of growth, he will reach ~$173,306.88 in total annual income
~16 weeks left in 2020
Every 2 weeks @CJ_Johnson17th buys himself $7,884.60
So I took
14 weeks/2...
8 * $7,884.60 =
Which would be $63,076.80 of ONLY bought income from today until the end of 2020
That DOES NOT include DRIP
from the already $110,000+ in annual income
14 weeks/2...
8 * $7,884.60 =
Which would be $63,076.80 of ONLY bought income from today until the end of 2020
That DOES NOT include DRIP
from the already $110,000+ in annual income
Let’s get to the numbers...
@CJ_Johnson17th said his dividend yield is 8%
So here are my assumptions:
~$1,377,876 current portfolio value
~8% overall portfolio growth YoY
~No extra contributions other than DRIP (did not include the $7,884.60 every 2 weeks)
@CJ_Johnson17th said his dividend yield is 8%
So here are my assumptions:
~$1,377,876 current portfolio value
~8% overall portfolio growth YoY
~No extra contributions other than DRIP (did not include the $7,884.60 every 2 weeks)
In just 10 years,
The portfolio will be valued at $5,506,019.36
And the annual dividend income?
$440,481.55
The portfolio will be valued at $5,506,019.36
And the annual dividend income?
$440,481.55
What about 20 years?
The portfolio will be valued at $25,663,320.29
Annual dividend income??
$2,053,065.62
Y’all, thats $2 million+ in dividend income
The portfolio will be valued at $25,663,320.29
Annual dividend income??
$2,053,065.62
Y’all, thats $2 million+ in dividend income
Lastly, if @CJ_Johnson17th let’s everything DRIP and let’s it grow for 30 years....
Wait for it...
Total portfolio value: $119,615,636.02
Total dividend income:
$9,569,250.88
That is INSANE
and let’s it grow for 30 years.... Wait for it...
Total portfolio value: $119,615,636.02
Total dividend income:
$9,569,250.88
That is INSANE
Whether he decides to continue to DRIP for the next 30 years or start taking some dividends out now (highly doubt it)
$100,000+ in dividend income
100% passive
He doesn’t have to clock in to get paid
He doesn’t have to go to a meeting to get paid
Just collect checks
for the next 30 years or start taking some dividends out now (highly doubt it)$100,000+ in dividend income
100% passive
He doesn’t have to clock in to get paid
He doesn’t have to go to a meeting to get paid
Just collect checks
This accomplishment by @CJ_Johnson17th is very impressive
No matter where you are on your investing journey, these numbers should MOTIVATE you to keep going
Thanks for reading, I hope you enjoyed!
@DecadeInvestor
No matter where you are on your investing journey, these numbers should MOTIVATE you to keep going
Thanks for reading, I hope you enjoyed!
@DecadeInvestor
