01-12-2016, 04:10 PM
R2R, Kerim, thanks for the welcome
R2R I actually just knocked out the final bits of my CC debt last month so all I have left are the student loans (~40k ) My savings rate is about 65-70% right now so I'm splitting my savings between investments and debt reduction (antsy to get that snowball rolling). One thing I was curious about is how fast will the dividend income grow. I've seen people reporting numbers of 10k, 20k and higher and I wonder how long it took to build a portfolio like that. I recognize that it's going to be unique to everyone's situation, but having a foundation for calculating yearly dividend payouts would be great.
Furthermore, and maybe you guys would like to chime in on this, it would be interesting to see how dividend stocks compare to capital growth stocks. It seems to me that DG stocks are a bit like having your cake and eating it too, but there must be something I'm missing. perhaps capital gains grow more quickly?
R2R I actually just knocked out the final bits of my CC debt last month so all I have left are the student loans (~40k ) My savings rate is about 65-70% right now so I'm splitting my savings between investments and debt reduction (antsy to get that snowball rolling). One thing I was curious about is how fast will the dividend income grow. I've seen people reporting numbers of 10k, 20k and higher and I wonder how long it took to build a portfolio like that. I recognize that it's going to be unique to everyone's situation, but having a foundation for calculating yearly dividend payouts would be great.
Furthermore, and maybe you guys would like to chime in on this, it would be interesting to see how dividend stocks compare to capital growth stocks. It seems to me that DG stocks are a bit like having your cake and eating it too, but there must be something I'm missing. perhaps capital gains grow more quickly?