RoadMap to live off dividends. Episode 7
Goal 1 | 🎯 $18.00 - Monthly Electricity Bill | ✅ 92.59% Complete
MaxDividends is subscriber’s supported newsletter with community and community member’s tools to start building long-term growing passive income to live off dividends.
If a few more people become subscribers, MaxDividends can offer more value, develop better tools for private investors, and help even more through charity. So, if you can swing it, please support this work.
Hey, MaxDividends followers! Time to put that knowledge into action and effortlessly build your growing passive income with dividends from stocks, following the MaxDividends strategy.
Predictability in important things is the foundation of peace of mind. Peace of mind is the basis of financial well-being. MaxDividends is all about peace of mind.
MaxDividends followers success
🏆 Mary: “Help me get started with you”
🏆 Jurgen: “I am done with guessing where the market’s heading”
🏆 Ann: “What will my life look like in 15 years?”
Freedom is about making choices. Financial freedom means having the freedom to choose without worrying about expenses. It’s about independence from active income. Growing passive income lets you enjoy life and your passions while your earnings grow.
Sounds great, right? But how do we actually achieve this? What steps do we need to take?
RoadMap to live off dividends is our segment where we’ll show you, step by step, how to make your dream of living off dividends a reality. You'll see that achieving this dream is possible for anyone who follows these simple rules.
In RoadMap to live off dividends, we’ve broken down the dream into puzzle pieces and reassembled them into an actionable plan. So, every dream of financial independence starts with:
A) Choosing the Path to Your Goal
We’re not getting any younger, and with age, the desire to work dwindles while our wants increase. How do we balance this? By creating a source of growing passive income. You won’t need to actively work, yet your income will grow. We suggest using the MaxDividends strategy for growing passive income through dividends.
B) Defining and Sticking to a Plan
Our action plan is based on the Easy-Peasy Portfolios to Live Off Dividends with Pre-Selected Stock Sets. Ready-made MaxDividends Stock Sets starting at $300, $500, or $1000 each week. This is a simple way to follow the MaxDividends strategy and build your growing passive income from dividends.
“A journey of a thousand miles begins with a single step”
To move effectively and enjoy the process, let’s specify why we need growing passive income based on your current lifestyle. Of course, it’s to pay the bills and cover expenses.
We’ve outlined the basics to show you how, week by week, you can achieve financial freedom. Watch your passive income grow and bring peace of mind and confidence in the future.
The good news is that you can jump on this train whenever you’re ready. Just remember, the longer you wait, the more time slips away.
Alright, let’s get going! Here’s a small list of common daily expenses. We’ve based it on our preferences, but yours might be slightly different.
Monthly Expenses - Goal 1
$30.00 - Daily coffee (to-go or at a café)
$18.00 - Monthly electricity bill
$32.00 - Monthly mobile bill
$25.00 - Monthly gym membership
Let’s start with these. They’re regular and small but add up to $1,260 annually or $12,600 over 10 years.
How do We stop worrying about these expenses?
We’ll use the Easy-Peasy Portfolios to Live Off Dividends with Pre-Selected Stock Sets. Ready-made MaxDividends Stock Sets starting at $300, $500, or $1000 each week. Every week, We’ll use the $500 set as an example to gradually free ourself from regular expenses by following these simple rules.
You can check out the Easy-Peasy $500.00 stock portfolio and results in detail via the link above. Ready-made sets are released every Wednesday morning.
What We Have Now: Easy-Peasy $500 weekly. Week 7
Invested: ~$3,462.48 (+$492.47)
Annual dividends: $200.01
We’ve listed our expenses from smallest to largest to make it easier to start. Our first goal is to cover monthly electricity bill. We want it to be free forever.
Goal #1
🎯 $18.00 - Monthly Electricity Bill
Our passive income today is $200.01 annually. This means that now, ~11 months of electricity are free for us forever. Companies We’ve invested in pay for these two months from now on, today, and for the rest of our life.
We plan to live a long life, and based on our calculations for 50 years from today, We’ve saved ourselves around $10,000 (vs $8,081 last week) in the future. We are definitely getting closer to financial freedom.
🎯 $18.00 - Monthly Electricity Bill
✅ 92.59% Complete.
Keep going!
Episode 7 vs Episode 6
RoadMap to live off dividends is a simple step-by-step plan to start living off dividends. You'll see that achieving this dream is possible for anyone who follows these straightforward rules.
The great news is that you can jump on this train whenever you're ready. But remember, every day you wait is time you can’t get back.
Let's go!
MaxDividends is subscriber’s supported newsletter with community and community member’s tools to start building long-term growing passive income to live off dividends.
What is inside? Check Out Our 5+ Star Deal
MaxDividends Stocks of the Week: Top 10 Undervalued, High-Yield & Dividend Growth stocks every week
To boost your passive income for living off dividends. 👉 See example
Easy Peasy: Build Your MaxDividends Portfolio to Live Off Dividends with Pre-Selected Stock Sets
Grab ready-made MaxDividends Stock Sets starting at $300, $500, or $1000 each week. 👉 See example
RoadMap to live off dividends
Ready-to-go step by step weekly Guide to Achieving Financial Freedom. 👉 See example
Max Dividends portfolio: Goal $12,000 monthly for 120 months
My personal MaxDividends portfolio with all changes and updates weekly. 👉 See example
Sunday coffee
My personal life & business column where I share life moments, insights on stock investing, long-term investment philosophy, and intriguing thoughts to benefit you. 👉 See example
Community
Stay in touch with me and other MaxDividends followers. Ask future Dividend Rantiers how is going!
MaxDividends isn't just about the money. Thanks to God, we've reached a point where we can think about others more than just cash.
The mission here is to show a clear path to a transparent future and solid support after retirement.
Every dollar we make after covering project expenses goes straight to charity.
My main income stream? Dividends from businesses we built years ago. I've been grinding since I was sixteen, and now it's time to level up.
If a few more people become subscribers, MaxDividends can offer more value, develop better tools for private investors, and help even more through charity. So, if you can swing it, please support this work.
With respect to your well-being, Max
FAQ
👉 What is MaxDividends project idea?
👉 What is MaxDividends strategy?
👉 How do you choose MaxDividends stocks?
👉 How well does the MaxDividends strategy work for building a growing passive income?
👉 One more secret sauce of MaxDividends strategy
👉 MaxDividends Roadmap to Early Retirement with Living Off Dividends
🙏 A few important notes:
We're not Wall Street managers or a fund, and our fee for using the product will be the lowest in the world. We're a startup and a group of individual investors who, like you, want to live off dividends.
Profit isn't the project's main goal. Once we cover the costs of maintenance and development, we'll direct most of our earnings to charity and funds for research and fighting complex diseases.
Did you enjoy the MaxDividends idea and research by finding it interesting, saving you time & getting valuable insights? What would be appreciated?
Sharing it around with like-minded people and hitting the ❤️ button. This will help me bringing in more & more independent investment research about passive income based on investing in solid high yield dividend growth stocks: from a small startup team of private investors, followers of DGI and F.I.R.E with dividend income, not a fund, bank or so … !
Support us and welcome aboard! Launch your own dividend machine following Max Dividends strategy.
Many good dividend stocks are on sale this week, especially in the energy sector.