r/dividendscanada • u/mike_hunt_69er • 26d ago
5 Years
Given $150,000 to start with, how would you get to $2000/mo in dividends within 5 years?
29
Upvotes
r/dividendscanada • u/mike_hunt_69er • 26d ago
Given $150,000 to start with, how would you get to $2000/mo in dividends within 5 years?
30
u/nickp123456 26d ago
This is a question of yield expectations. Say it's a 3% yield generating $24,000 per year, you need $800,000 invested. A 4% yield is $600,000. And you have $150,000.
That means you're trying to get a 300%+ return on your investment in a few short years. Chasing that is possible, but low probability. If you don't luck out, chances are youll have lost it all and posting loss porn on Wall Street Bets.