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IFB185: When to Stop DRIPPING, REIT, and DCA Questions Podcast Ep.

IFB185: When to Stop DRIPPING, REIT, and DCA Questions IFB185: When to Stop DRIPPING, REIT, and DCA Questions
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Length
32m
Country
United States
Release Dates
2021-01-28
Description
Welcome to the Investing for Beginners podcast, in today's show Andrew and I discuss the following topics:* DRIPPING stocks, when to start and when to stop* Investing in REITs and some ideas of items to look for in the financials such as debt, and other metrics* How dollar cost averaging works, the mechanics and some ideas behind adding money and different allocations.For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.comSUBSCRIBE TO THE SHOWApple | Spotify | Google | Stitcher | TuneinTranscript Announcer (00:02): I love this podcast because it crushes your dreams and getting rich quick. They actually got me into reading stats for anything you're tuned in to the Investing for Beginners podcast led by Andrew Sather and Dave Ahern. Step-By-Step premium investing guide for beginners. Your path to financial freedom starts now. All right, folks, we'll welcome. Dave (00:33): All right, folks, welcome to the Investing for Beginners podcast. Tonight is episode 185, Andrew and I got some really good listener questions over the last couple of weeks, and we're going to take a stab at answering a few of them here on the year. So I will go ahead and read the first question, and then Andrew and I will go ahead and do our little give and take. So the first question is regarding Andrew's favorite topic, dividends. So he says, I am currently using drip to reinvest my dividends. I would love to live off a dividend income at some point in the future; it seems like a fantasy at this point, but who knows? Is there a point in time when successful stop doing drip and withdraw dividends as income into their bank account? Is there a rule form that people use to keep dripping a certain percentage of dividends and keep a certain percentage for themselves? Dave (01:20): I'm fully aware that I'm probably getting ahead of myself to think that I could live off the dividend income, but I might force a scenario into this someday if I keep saying it out loud. So I like that idea. So, Andrew, what are your thoughts on his great question here. Andrew (a href="https://www.temi.com/editor/t/qxQfwuVYRU0QR7YDQaFEwwGPU-UikxivURmuhKhjVEtf3oNPjqaA6zma0kspR6NVSZ7fxMS7qcVARENU_j1t5ZZLsDU?
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