ABOUT THIS EPISODE
Jess recently got paid real money from her ETFs for the first time.
(a whole 30 bucks, watch out- don’t spend it all at once!)
It made her wonder- could payments from investments eventually replace her salary?
She sat down with Dave Gow from Strong Money to learn everything you need to know about dividends.
Chapters:
00:00 Introduction to Dividends
03:07 Income vs Growth
07:01 How Dividends Work
10:34 ETF Distributions and Reinvesting
13:30 Balancing Income and Growth
16:41 Planning Your Retirement Income
19:08 Dividend Yields and Risks
23:40 Managing Dividend Cuts
28:31 Choosing Dividend Investments
32:39 Dividends vs Savings Accounts
If you'd like to learn more about Dave's journey and teachings - you can find his website here. He's also written a book about how to gain financial independence create a life of freedom which has sold over 40,000 copies! Find that here.
Links mentioned in this episode:
Calculator mentioned by Dave: Portfolio with Dividends Reinvested vs not
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Thanks to MLC for sponsoring this series and helping keep our content free.
If you’re the type of person who spends weekends comparing ETF’s, keeps an eye on crypto, and never misses an episode of Equity Mates, here’s one investment you may be overlooking – your super.
MLC knows it might not seem as exciting as picking your next investment, but thanks to tax advantages and decades of compound growth, it could end up being one of the hardest working investments you own. See how your super could be working harder with MLC at mlc.com.au
Disclaimer: Products issued by NULIS Nominees (Australia) Ltd as trustee of MLC Super Fund. General information only. Read the PDS & TMD available at mlc.com.au and consider if it’s right for you.
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In the spirit of reconciliation, Equity Mates Media and the hosts of Get Started Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.
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Get Started Investing is a product of Equity Mates Media.
This podcast is intended for education and entertainment purposes only. Any advice is general advice, and has not taken into account your personal financial circumstances. Before acting on general advice, you should consider if it is relevant to your needs. If you are unsure, please speak to a financial professional. The hosts of this podcast and their guests may have positions in the companies mentioned. Equity Mates Media is part of the Betashares group but maintains editorial independence.
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