Dividend Investing: Is It TOO Late?

A subscriber recently asked if it’s too late to get started in dividend growth investing. I had the good fortune to start early, and have had over 20 years of investing experience. My passive income portfolio contains over 30 dividend stocks. However, what if that were not the case? What if I were just getting started in my 30s or 40s? Would I be discouraged? Absolutely not!

In my opinion, especially with longer life expectancies, getting started in ones 30s or 40s is not very late at all. These are still young, youthful years, a perfect time to get started in dividend stocks. It's an amazing time to start investing!

Today's video covers:
Specific strategies that may make sense for those getting a later start.
Why (drastic) budget cuts are key for those starting late.
The importance of the ratio between one's take home pay and savings.
Why earning extra money (on the margin) can make all the difference in accelerating one's cash flow.
Why it's key that absolutely no mistakes are made, when one is starting a little later.
While it's important to set realistic goals, one should not give up on there dreams. It's all about being scrappy!
Older investors have a unique advantage: The promise of double income. Does it make sense to leverage the potential of double income to accelerate dividend portfolio yield?
The importance of dollar cost averaging, both in bull markets and bear markets.
The importance of reinvesting dividends to accelerate returns.
How capital invested can make up for a less time in the market.

Disclaimer: I'm not a licensed investment advisor, and today's video is just for entertainment and fun. This video is NOT investment advice. Please talk to your licensed investment advisor before making any financial decisions.

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