In this Dividend Unboxing Investing video I reveal my passive income from Premium Bonds, UK dividend shares and Global Exchange Traded Funds for September 2022. I use Premium Bonds as my emergency fund to protect me from having to sell my shares to raise cash.
Since January 2009 I’ve been drip-feeding spare money at the end of each month into mainly FTSE 100 companies. I use Barclays Smart Investor as my chosen platform and I have a general stockbroking account as well as a stocks and shares ISA within the Barclays platform. I keep my highest dividend payers within the ISA. This means that all the dividends I receive are tax free. When investing, I am consistent and motivated irrespective of what the market is doing. I adopt a buy and hold strategy and always reinvest any dividends I receive. At first nothing much seems to be happening but it’s all about marginal gains. As compounding kicks in, your portfolio starts to feed on itself and the results can be absolutely spectacular as I hope to demonstrate in these dividend unboxing videos. There comes a point when even if you stopped putting any more new money in, it will still grow all by itself. I choose to demonstrate my passive income in this video with real cash envelopes as opposed to numbers on spreadsheets. I want to inspire others to consider a similar strategy and to experience the joy of growing a money tree. The cash is real just like this journey is real. It’s one of the best things I have ever done. Sometimes simple plans are the best. Good luck on your journey in life whatever that may be. This personal finance channel is designed to help and inspire anyone who is thinking about creating long term sustainable passive income through investing in the stock market. With persistence and consistency, Financial Independence Retire Early (FIRE) can be achieved.
The companies / funds mentioned in this video and holding sizes are as follows..
Premium Bonds (50k), Shell (32k), Unilever (31k), BP (26k), AstraZeneca (24k), Ishares Core FTSE 100 ETF ISF (17k), Barclays (11k), SSE (11k), Ishares S&P 500 ETF IUSA (9k), HSBC (9k), Imperial Brands (9k), Rio Tinto (8k), Lloyds (7k), Aviva (5k), Direct Line Group (4k), The Renewable Infrastructure Group (3k), Vanguard All World High Dividend ETF VHYL (1k)
The information presented on this channel and in these videos is for entertainment purposes only and is not financial advice. Your capital is at risk and the price of shares can go down and well as up. Investing in shares is not appropriate for everyone so please do your own research.
Channel Video Source - YouTube.com