Take a peek at this part 2
@CJ_Johnson17th hit $181,252.38 in annual dividend income
Let’s look at hypothetical growth of this number for the next 50 years
(thread)
@CJ_Johnson17th hit $181,252.38 in annual dividend income
Let’s look at hypothetical growth of this number for the next 50 years
(thread)
A few things:
7.28% dividend yield (per the screenshot)
5% total yearly growth (stock growth + dividend growth)
$2,489,730.49 current account value (calculated)
DRIP
$0 in contributions by Chris (not likely, but just for ease of calculating)
Let’s do it
7.28% dividend yield (per the screenshot)
5% total yearly growth (stock growth + dividend growth)
$2,489,730.49 current account value (calculated)
DRIP
$0 in contributions by Chris (not likely, but just for ease of calculating)
Let’s do it
Year 1: $2,489,730.49 $181,252.38 in divi’s
Year 2: $2,804,532.01 $204,169.93 in divi’s
Year 3: $3,159,137.04 $229,985.18 in divi’s
Year 4: $3,558,578.33 $259,064.50 in divi’s
Year 5: $4,008,524.97 $291,820.62 in divi’s
Year 2: $2,804,532.01 $204,169.93 in divi’s
Year 3: $3,159,137.04 $229,985.18 in divi’s
Year 4: $3,558,578.33 $259,064.50 in divi’s
Year 5: $4,008,524.97 $291,820.62 in divi’s
Year 6: $4,515,362.87 $328,718.42 in divi’s
Year 7: $5,086,285.35 $370,281.57 in divi’s
Year 8: $5,729,395.27 $417,099.98 in divi’s
Year 9: $6,453,820.01 $469,838.10 in divi’s
Year 10: $7,269,841.01 $529,244.43 in divi’s
Year 7: $5,086,285.35 $370,281.57 in divi’s
Year 8: $5,729,395.27 $417,099.98 in divi’s
Year 9: $6,453,820.01 $469,838.10 in divi’s
Year 10: $7,269,841.01 $529,244.43 in divi’s
If we fast forward to years 20, 30, 40 and 50... look at this
Year 20: $23,911,430.15 $1,740,752.11 in divi’s
Year 30: $78,647,729.85 $5,725,554.73 in divi’s
Year 40: $258,682,369.55 $18,832,076.50 divi’s
Year 50: $850,839,158.91 $61,941,090.77 in divi’s
Year 20: $23,911,430.15 $1,740,752.11 in divi’s
Year 30: $78,647,729.85 $5,725,554.73 in divi’s
Year 40: $258,682,369.55 $18,832,076.50 divi’s
Year 50: $850,839,158.91 $61,941,090.77 in divi’s
Let me say that again
In 50 years, @CJ_Johnson17th could have a portfolio of $850,839,158.91 that generates $61,941,090.77 in annual dividend income
And that’s if he doesn’t invest another dime
Compound interest is so powerful when you give it TIME
In 50 years, @CJ_Johnson17th could have a portfolio of $850,839,158.91 that generates $61,941,090.77 in annual dividend income
And that’s if he doesn’t invest another dime
Compound interest is so powerful when you give it TIME
$61 MILLION in dividend income
$61 MILLION not having to attend a meeting
$61 MILLION not having to answer to a boss
A lot of work to get there, but if you are patient and continue to invest, it’s POSSIBLE
$61 MILLION not having to attend a meeting
$61 MILLION not having to answer to a boss
A lot of work to get there, but if you are patient and continue to invest, it’s POSSIBLE