3Mon·

NEW MILESTONE TODAY!

Just hit 5.000$ in annual dividends!

i have been investing for just about 17 months now!

Today is a huge milestone!

Looking forward and hoping to be able to live off dividends or just finance my monthly payments, in about 10-15 years!

09.10

Texas Road

Bought x17 at $175.76

$2,987.92

4 Comments

I Miei Investimenti@i_miei_investimenti

3Mon

Congrats. But don't focus too much on dividends. Focus on your total return. Read what Terry Smith says about investing for dividends here: https://www.ii.co.uk/analysis-commentary/100th-episode-special-terry-smith-interview-ii532854

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Tim Vanman@Vanman

3Mon

@i_miei_investimenti

Terry does not live in Denmark 🙏🏻
So The case for me is very different.,
I have a couple of stocks i with No dividend i plan on Selling when they have grown enough, but Else, dividend is a cheaper tax Way in Denmark.

In Denmark we tax our regular income 56% (thats a lot)
Sale of stocks is taxed 42% on The profit
But dividend in only taxed 27% up to around 10k dollar , then we get taxed 42%.

Its a Heavy tax country 😂

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I Miei Investimenti@i_miei_investimenti

3Mon

@Vanman damn I didn't know about it! Here in Italy it's very tax-inefficient to get a dividend

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Tim Vanman@Vanman

3Mon

@i_miei_investimenti denmark is REALLY heavy on taxes, no way around it. if you try to shelter, they will just take you to court :D

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