MewMaxxing
Mog or be mogged
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title
Bitch
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dividends are for the rich, you don't become rich with them
MewMaxxing
Mog or be mogged
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Not to become rich necessarily but to have a consistent income for financial independence. I could realistically achieve a good income with this by 35-37.
thereallegend
Discernment
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No, get a skill that people pay good money for.
Then you can invest.
Then you can invest.
Foreverbrad
Eat Clen Tren Hard
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It depends on your countries tax structure I guess.
Holding a small amount of dividend paying shares in the UK can be very interesting as there's a £2000 tax free allowance. You can max that with £30-40k no problem.
On a larger scale, dividend income is not included in capital gains so can be a good alternative to having growth stocks if you keep bumping against the £12K CGT threshold, although it's not really relevant if you work.
Holding a small amount of dividend paying shares in the UK can be very interesting as there's a £2000 tax free allowance. You can max that with £30-40k no problem.
On a larger scale, dividend income is not included in capital gains so can be a good alternative to having growth stocks if you keep bumping against the £12K CGT threshold, although it's not really relevant if you work.
