Investing for Passive Income: Step-by-Step Guide & Transcript

[00:00] If you want to know how to invest your money, that way you can create a new stream of income passively, that way you can quit your job, this video is for you. When most people think about investing, they ask questions like, Is SpaceX a good stock? Should I buy the Nvidia stock?

[00:14] I wonder if I make more money if I bought the McDonald's stock or Tesla? These are the wrong questions. When you ask the question, what stock should I buy right now? It's almost like asking, what car should I buy right now? Are you driving yourself to work? Do you want cheap gas?

[00:27] Or are you driving a family of five? or you have a lot of extra money and now you want a Lamborghini or an Aston Martin. If you want to know the best stock you should buy, you have to start with understanding what is the goal that you want from the stock. Do you want to see growth?

[00:40] Do you want to see income in dividends? Or do you want to see preservation of your wealth? Growth means I want to buy a stock for $100 a share and then I want to see it go up to $1,000 a share as fast as possible. But that also means you're probably not going to see any dividends

[00:53] because the company might not even be making any profit. They're trying to grow so quickly that they're spending all their profit, and then they're going out and borrowing money from debt, and then they're raising money from investors. That way they can grow as fast as possible.

[01:06] That way they can grow their market share and be a big company as fast as possible. So you see the fastest growth, but also more risk that that stock could go down or even bankrupt. Income means I want a company to pay out dividends.

[01:19] A dividend is a cash flow check. It's money that's deposited into your account generally every three months. You don't have to sell your stocks to get paid. It's just income regularly being deposited. But for a company to pay off these dividends,

[01:33] they have to have big profits in the first place. And if a company has these big profits in the first place, there's three things they can do with that money. They can, number one, reinvest that money. That's what these growth companies are doing. They're reinvesting all their money.

[01:46] Number two is they can save that money for an emergency. or number three is they can just give that money away to the shareholders, people like you and me, in the form of a cash payment called a dividend. Well, if they've given away their profits, they're just not going to grow as fast

[01:59] because that's billions of dollars they could have used to open more stores or create better products or grow faster. But instead, they're giving away the profits because they feel like they're big enough that they just want to have slow and steady growth

[02:12] and now the investors get their share of profits. So, less growth, less risk, more steady cash flow. Well, wealth preservation is, I have lots of money for retirement.

[02:25] I just don't want to lose it. And I don't want to necessarily put it all in bonds. I still want some stocks or other types of investments. I just don't want to see my money crash when markets crash. That's what a preservation investment is.

[02:38] And now, as you start to understand your goals, you can start to ask the question, is this a good growth stock? Is this a good income stock? Or is this a good wealth preservation stock? And when you can start to think like that, now you're starting to think like a real investor

[02:52] because now you can actually make a good decision and a good answer as to if it is a good stock or not because now you've put some parameters in there. So now that you understand the foundation, what I want to do in this video is break down how you can build a new stream of passive income

[03:05] from your investments. That way you have the ability to quit your job because there's more than one way to do it. And I'm going to break it all down in this video. So make sure you stick with me until the end. To make sure we're on the same page, let me show you how the financial statements look for the majority of people.

[03:20] People are going to work every single day to earn money. Then they take that money that they earn from their job, and then they go out and they spend that money. You use that money from your job to buy a house, to buy a car, to buy a vacation, to buy your groceries.

[03:34] And then if there's money, any leftover, that's when you invest your money. But generally, for most people, there's nothing left over, so there's no money to invest. What we're trying to do here is you're going to work for your business,

[03:47] and I'm going to draw a mustache for my male followers, which in my native language, Pindabi, we call it a much. I'll draw a braid for my female followers in my native language, Pindabi, we call it a gut. You're going to work to get paid, and now the first thing that I want you to do

[03:59] is you're going to be investing that money, and then you're going to spend whatever is left after investing, because now what the goal is is that these investments that you're going to buy,

[04:11] they're going to go out and start making you more money. And the goal is now because you're living smaller here, you have less money to spend here because you're investing first and spending second. The goal is now you're going to be working to accumulate these investments

[04:25] that are paying you money that way one day you can just start spending the money that's coming from investments. You no longer have to go to work to get paid. Work becomes an option because you have enough income from investments

[04:37] to fund your lifestyle. Now, that's the goal that we're talking about here, and there's more than one way to actually get there. Now, for this video, I'm going to be focusing on the stock market particularly, because the way that the stock market works is you can go out and buy a share of an individual company.

[04:53] And for the example, I'm just going to give you McDonald's. I'm not telling you what to invest in just giving you an example. If you buy one share of the McDonald's company, you become one of the shareholders of McDonald's. So every corporation on the stock market is divided up into pieces called shares.

[05:09] And when you buy one share, one stock, you become one of the shareholders of that company. Now, you don't have to go to work in the company. You don't have to go on Flip Burgers, but you get your share of profits.

[05:22] And the way you get your share of profits is through one of two ways. Number one is appreciation, which is when the stock price goes up. Number two is through dividends, which is when the company has a big profit and they pay out this profit in the form of a cash dividend,

[05:36] meaning it's money being deposited into your bank account generally every three months. Now, as an investor, you get to make money without having to work, but it also comes with a risk because there's a chance that McDonald's could go bankrupt, and if it goes bankrupt, well, you lose all of your investment.

[05:52] So option number one is you can go out and invest in individual companies like McDonald's, which now you get the share of profits from the McDonald's company. Option number two is you can buy a fund.

[06:04] And a fund could include an ETF, a mutual fund, or an index fund. All three are very similar in the sense that you are buying a basket of stocks. So if you bought a fund, for example, one example of a fund is the S&P 500,

[06:19] a group of the 500 largest companies in the stock market. Now, this fund includes companies like McDonald's. It includes companies like Apple. It includes companies like Coca-Cola. It includes companies like Meta, which is Facebook, and hundreds of other companies.

[06:36] Now what you do is you buy one share of the fund, and you're getting exposure to all 500 of these companies. And this is where things get really interesting, because now if McDonald's does very well and they take over the world, they're going to get that benefit here, but it might be balanced out by some of the losers.

[06:51] Here, if you bought the McDonald's company only, and McDonald's does very well, there's a McDonald's in every street corner in the world, and their profits are booming, well, now you're going to make a lot of money because you own that company only.

[07:03] But there's also more risk, because here, if McDonald's goes bankrupt, you lose everything. Here if McDonald goes bankrupt this fund will kick McDonald out and replace it with something else and you don have to worry about doing anything So when you buy a fund it managed by someone or something else and I say something because if it a passive fund it could be managed by a computer

[07:25] But now, you don't have to worry about managing the investment, you're just buying the fund and let the fund do its thing. When you invest in a stock, you have more growth potential, but also more risk. But now when you decide, okay, I want to spend less time with this one investing fund, or

[07:37] I want to invest in individual companies, the next thing you want to think about is, well, where should I be investing my money? Should I be thinking about growth or income or wealth preservation? And let me make this very simple. Generally, when you think of a wealth preservation,

[07:50] this is the person that has already accumulated the money for wealth. This is the person that I don't want any more risk because I have my wealth already built. I just don't want to lose it now. My goal is not to see growth in my money.

[08:03] I just want to see it keep up with inflation and not go down when markets crash. That's the main goal with the wealth preservation investors. These are generally the people that are more affluent, more rich, more wealthy. They just don't want to lose their money from Market Crash.

[08:16] I'm not going to talk about the wealth preservation stuff today. That's a completely different topic. So I'm going to focus in on growth or income because this is where now you can decide what is better for you as an investor.

[08:28] Do you want to see more risk with more potential growth or do you want to see more income as a way to invest your money? And both of these can work, but you have to know how they work. Everybody I talk to has a business idea, but almost nobody has anything to show for it.

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[10:12] If you want to learn more and try it out for yourself, all you have to do is scan the QR code on this page or use my link down in the description below. That way you can get 50 free AI credits to start building. The stock market has grown by an average of 10% a year for the last century.

[10:27] So when you invest in growth, the idea is you want to grow faster than the market average. So let's assume that you can grow by 13% a year, just a little bit better than the market average. If you invest $500 a month for 30 years and you can get that 13% average return,

[10:42] well that means now you're going to retire with about $1.75 million. Now, if you're thinking, well, Dustbreed, how do I create an income so I can quit my job? Hold your thought. I'm going to get there in just a minute.

[10:54] If you were an income investor, now the numbers look a little bit different. If you're an income investor, let's assume now that your investment value grows with the market. It's growing by 10% a year, which means you invest $500 a month, and now that investment value is going to grow to about $1 million.

[11:12] Now, when you first look at this, you're going to say, well, it does speak 1.75 million is better than this, so this growth number is better, but that's not the full picture. Remember, as an income investor, your goal is to generate regular income. income. Here, all we talked about was the growth of the value of investment. We didn't look at any

[11:29] income that you generated. Here, as a growth investor, you're probably not going to get any income because a lot of these growth companies, they don't want to pay off profits because they want to keep their profit that way they can grow bigger and faster. So let's take a look at what

[11:42] happens now if these companies over 30 years pay out some dividends and they also work to increase how much cash flow they give you. How do the numbers change? Let's assume that your dividend portfolio pays out a 4% annual dividend, meaning for every $100 you invest, you get $4 of cash

[11:59] flow a year. Nothing crazy. But this is where things get interesting because I'm going to assume that you invest into strong growth companies that not only grow by 10% a year on average, but they're also increasing

[12:11] how much dividends they're paying by around 10% a year as well. Yes, it is possible. You see this happen all the time with strong dividend companies where they grow their profits and then they grow how much dividends they're paying as well.

[12:23] Now, in this scenario, what we understand with the math is you also made an additional $350,000 in dividends over the 30 years in cash flow passively from owning these investments,

[12:36] which is some extra money that you got. But that's not all. What if you took that $350,000 over the course of these 30 years and instead of taking that money and spending it, you took that $350,000 and you just reinvested it back into this stock or into these stocks.

[12:51] So every time you got paid for dividends, you just bought more of these dividends. You just bought more of these investments that are paying you more cash flow. How would things change then? Now, with over the 30 years, every time you got a dividend, you just kept reinvesting it back into buying more of these funds.

[13:04] So it's like a machine that's printing you money, and then you buy more of the things that's printing you money. You do this for 30 years. Well, now you're not going to have a $1 million investment portfolio. is going to be worth a little bit more than $2.2 million.

[13:18] And the best part now is that you're going to be getting a little bit more than $80,000 a year of cash flow because you built this machine that you kept reinvesting money back into.

[13:32] So now through this dividend reinvestment program, you would have had just a $1 million portfolio, but because you kept reinvesting into this portfolio that's growing, it's worth $2.2 million that's spitting out $80,000 a year right now

[13:46] because you took the $350,000 that you would have got in dividends assuming you didn't reinvest, but because you reinvested, you got more dividends out because now every year you just have more shares and it pays off more dividends

[13:59] that now you have a portfolio worth $2.2 million that's paying you $80,000 a year. Here's why that matters. Now, when you compare this to this growth number, you can see you don't have any income here, or if you do, it's very little.

[14:13] So, if you wanted to now turn this into an income portfolio, you would now take this $1.75 million and buy some dividend-paying stocks. And now, if you take this and invest it into the same stocks here that are paying you 4% a year,

[14:27] well now you going to be making less money in income In this instance if you took all million and then bought the bought the same dividend fund that paying out 4 a year you gonna be making a year income so you have a smaller nest egg a smaller asset

[14:44] portfolio but you also have lower income but this is where things can change because I made a couple of assumptions here I made the assumption that you're growing by 13% a year and I made the assumption that your dividend is growing

[14:58] by 10% a year. If now you can grow this number by a higher amount, 14, 15, 16% a year, well now you can have significantly more wealth here and potentially more income. If you are

[15:12] not investing in good dividend funds that are not growing, well now your wealth here would also shrink. And this is where you have to decide which game do you want to play. Do you want to play this game, this game, or a hybrid of both? And I can't tell you

[15:28] what to decide, but I want to show you how to think because the whole game now is how fast are you growing your money as a growth investor or how fast are you growing your dividends as a dividend investor? And this is where ultimately it comes down to making smart investments because as long

[15:44] as the wealth is growing, you're now going to be able to have an income because if you want to quit your job, you need money coming in. And the mistake that a lot of people make is they just assume, if I have this one point down $10 million, I can just live off of that. And you absolutely can.

[15:58] But the problem is, as soon as you start spending money, well, the money starts to go down. Because once you spend $100,000, well, now you only have $1.65 million. And then if you spend the next $100,000, now you only have $1.55 million.

[16:13] And that money can now go down to zero. Versus if you own an investment that pains you, whether or not the markets go up because you have income, well now you have income that you can spend without having to sell your investments.

[16:27] That's a nice scheme because now you don't have to worry about your investments not being there because you own an investment that's paying you cash flow. And once you have enough cash flow to cover your expenses, well now you can quit your job.

[16:40] And now you just have to decide, well what type of income is that? Is it $80,000 a year? Is it $40,000 a year? Is it $400,000 a year? Once you know that number, you can reverse engineer how much wealth you actually need and what type of returns you need to actually get there.

[16:54] But this shows you the math as to what might be a better investment for you. For me personally, I like income. This is where most of my investments go. I'm not saying I don't do growth. I absolutely do growth.

[17:07] But this is the majority of my investments. But I also do that. This is a smaller piece. Now, in my company, Brief Finance, or Head of Investment Research, his primary is growth. this is something that's more of a secondary thing for him

[17:22] because he likes the idea of finding these bigger returns. It's more fun for him. That's what he does for a living. And it's been very successful for him and our firm. Now that you understand this, let me talk about different types of investments that you can consider.

[17:36] Again, I'm not here to tell you exactly what to invest in. I'm just a random guy on YouTube. Investing has risks. You're never guaranteed to make money when you invest. In fact, you will lose money at some point. So make sure you always do your own due diligence and never blindly trust a random guy on YouTube.

[17:49] But let me go over some examples that you can consider so you can start thinking like an investor. Let's start with income and I'm going to focus in on ETFs. The first type of ETF that you can consider investing in is giving exposure to United States strong companies

[18:03] that are also working to pay out strong dividends. The idea being investing in strong companies that are growing but are also growing their dividends. So I'll give you a few examples here. Number one is NOBL, NOBL. This is an ETF that's giving exposure to S&P 500 dividend aristocrats,

[18:20] which means, number one, you have to be a part of the S&P 500, one of the 500 largest companies in the stock market. Number two, you have to be a dividend aristocrat, which means not only do you pay out a dividend, but you must have paid out and increased the dividend every year

[18:33] for at least the last 25 years. So if you are in the S&P 500 and a dividend aristocrat, you qualify for Noble. It's a very small share of companies, But the idea is you're getting a pool of very strong companies.

[18:46] So it's not the highest returns, but it's stable returns. Number two is SCHD. That's a disclosure of first investors in SCHD. This is a fund created by Schwab that's investing in strong American companies

[18:59] that are not as strict as the NOBL requirements, but these are also companies that have been paying out and increasing the dividends for multiple years. So it's looking for companies that have been growing. It's not as strict as NOBL.

[19:12] And then VIG is a fund that's created by Vanguard that's looking for those strong dividend-paying companies here in the United States as well. At the time of the recording of this video, NOBL pays out a dividend of 2% a year.

[19:24] FCHD pays out a dividend of 3% a year. And VIG pays out a dividend of about 1.5% a year. A second way you can think about investing in dividends is to invest in REIT. A REIT is a real estate investment trust.

[19:36] And this is where you're investing in a company that's investing in real estate. And the way that real estate investing works is you buy property generally to generate cash flow. You buy an apartment building so tenants pay rent. Their rent then covers all the property expenses and then puts a little bit of money in your pocket.

[19:50] Instead of going out and buying that real estate yourself, the alternative is you can invest in a REIT, which is real estate through the stock market. Now, the advantage of a REIT is you don't have to worry about managing the property yourself.

[20:02] Plus, there's something called the 90% rule, which says that these REITs are required to pay out 90% of their profit, their taxable income in the form of dividends to their investors. So generally, you will start to see some stronger dividends with these REITs companies.

[20:17] The idea being they're working to just create cash flow and then pay out their cash flow. So if you want to get exposure to real estate, this is one way to do that. Example number one is ZMQ. This is a fund that's going to give you exposure to the broad real estate market through Vanguard's

[20:31] real estate fund. Or option number two is by Schwab SCH. CHCH. This is the fund that's also going to give you exposure to the broad real estate market, United States real estate market. It's also going to give you exposure to those rates. At the time of the recording this video, VNQ has paid out a dividend of 3.6% a year,

[20:47] as CHCH has paid out a dividend of 2.8% a year. And then you have the international fund. The idea is you can get diversification outside the United States economy, invest in economies that are not necessarily as well known or established as the United States economy. But now not only

[21:02] are these companies working to grow, the countries are also looking to grow, so there's more risk, but also generally higher dividends. Let me give you a couple examples. Number one is VYMI, the Disclosure on Personal Investment, VYMI, district SCHD. This is a fund created by Vanguard

[21:18] just giving exposure to dividend-paying companies internationally. At the time of recording this video, it has paid on a dividend yield of about 3.4%. My example number two is Schwab's International Dividend Fund, FCHY, that's giving you exposure to their version of

[21:32] international dividend paying companies. At the time of recording this video, they're paying out around 3.3% a year in dividend. So again, this is just a starting point. What you want to then analyze is what are the stocks that are in here? Is that

[21:44] the industry that you want to be investing in Which industries do you think are going to see the biggest growth over the next 10 20 30 years that we not only going to see an appreciation and a value of the portfolio but your dividends will also be able to see more growth And the more growth that you see in those dividends

[21:59] the more shares that you have, and the more income that you'll have, which will allow you to have more ability to spend money and not have to work because you built that income free. Now, let's look here and talk about different growth examples, how ways to start to think like

[22:13] an investor. By the way, there's a particular free guide called ADB, Always Be Buying, How to Find Opportunities in Any Market. So if you want to see how you can find opportunities in the stock market, I highly recommend you read this guide. It's free. All you have to do is sign

[22:27] up for it. And when you do, you're going to get added to Market Briefs, which is my newsletter for investors completely for free. If you want to get a copy of that guide and Market Briefs, I'll link for you down in the description. And the first way that you can do this through funds, not through individual companies, is through something like investing in the NASDAQ 100.

[22:43] The Manasac 100 is a group of the 100 largest companies in the SaaS market that are not financial. So these are primarily more of those tech companies, more established tech companies, but primarily more of those larger tech companies.

[22:55] And right now, those are the fast-growing, the innovative types of companies out there. So if you believe that technology is going to be a big part of the future, this is one way to get exposure to that type of growth, just understand that this is going to be more volatile.

[23:09] Because now when you start to invest in growth, you're going to see more volatility. which means not only can it grow very fast, but it can also fall just as fast, and it can fall a lot faster than generally you see more value types of investments.

[23:22] So before you invest anything in growth, just understand that volatility is a bigger risk here, so you will see more movements up and down. One example to get exposure to the NASDAQ 100 is QQQ.

[23:35] This is probably one of the most popular ways to get exposure to the NASDAQ 100, to see an exposure to the 100 largest non-financial companies. Example number two is getting exposure to the AI and semiconductor industry. Now, I think everybody knows how big of a deal AI is.

[23:50] And AI is not going away, although people are talking about being in a bubble. That's not the point. It could be in a bubble 100%, but AI is not going to go away even after the bubble crashes.

[24:02] Semiconductors are the chips that you need to power all the computers and the AI. So if you want to get exposure to AI and you can understand the risks, you can understand the volatility, you can understand the valuations of it,

[24:14] well, there are funds that can give you exposure to the AI and semiconductor industries. For example, SMH, this is an ETF created by Van Ex that's going to give you exposure to semiconductor companies to give you exposure to the AI industry.

[24:26] And then there's XLK, this is an ETF that's created by State Street, also going to give you exposure to the broader tech industry, that's going to give you exposure to AI and semiconductors. And then there are the small cap companies.

[24:38] These are the smaller companies that are a little bit more agile, that are working to grow bigger faster, that are working to acquire more market share. Now, because they're smaller, there's more risk that they could fail and go bankrupt. But the idea is you're investing in these smaller companies that are trying to grow faster,

[24:53] and because they're trying to grow faster, they can see more market share. But more risk because, well, we don't know what's going to happen with them exactly. So if we want to get exposure to these smaller cap companies from a broad level, One example is IWM. This is a fund created by iShares. It's going to give you exposure to something called the Russell 2000, which is a group of small cap companies.

[25:12] It's a group of small cap companies here in the United States. And then there's VB. This is a fund created by Vanguard. That's also just going to be focusing on giving you exposure to the small cap companies. Now, the last thing and potentially the most important thing that I want you to understand here is sometimes you'll have a strategy, but the opportunity is going to be somewhere else.

[25:31] And I want you to just think about that as an investor because sometimes you're going to go through market cycles. And during market cycles, when markets go down, you can see opportunities with income and growth. Because now when markets crash, I mean, you can buy growth stocks at a huge discount, but you can also buy income stocks at a huge discount.

[25:50] On the flip side, sometimes you'll find what I call a market shift. You'll find an industry that's been underserved and now is going to be a new opportunity because a lot of money is growing. I mean, AI has been a shift over the last number of years as so much money has poured into AI in data centers and semiconductors.

[26:09] And as you start to find those shifts, that can also be an opportunity for you to help you grow your wealth as well, if you can identify those types of opportunities. So, what we're talking about in this video is that as an investor, asking the question,

[26:21] is this a good stock, is really not a good way to frame your investing ideas because, well, are you a growth investor, an income investor, or a wealth preservation investor? The growth investor wants to see the money grow quickly. The income investor wants to create cash flow.

[26:34] The wealth preservation person just doesn't want to lose that money in a recession. And then what we talked about is, let's do the math. If your goal is to be able to create your job, you want to be able to create some income. So what's the best way for you to get there? Do you want to buy the growth stocks and then flip that to an income stock when you have enough?

[26:50] Or do you buy the income stocks right now and then just work to reinvest those dividends? And the answer is, well, it really just depends. and it depends on what goal you want and which game you want to play because it can work both ways depending on the numbers.

[27:03] We show that if you can grow your money by 13% a year, your growth investments can be worth $1.75 million if you invest $500 a month over 30 years. As an income investor, if your money just grew by 10% a year,

[27:16] you're only going to have $1 million. But if you also get a 4% dividend that's grown by 10% a year, well now those dividends are going to pay out $350,000, which the $1,000,000 plus $350,000 is still less than $1.75 million

[27:31] but if you now reinvest those dividends over those 30 years that means you're buying more shares each year is paying you more dividends which means you're going to end up with a lot more dividends and now if you do that dividend reinvesting for 30 years

[27:45] you don't make any money for 30 years but then 30 years later your investment portfolio is now worth $2.2 million and you're making $80,000 a year versus if you flipped this 1.75 million into the same dividend fund paying 4% in cash flow,

[28:00] you're only making $70,000 in cash flow here. But if you were to draw your money by a fast in the 13%, well, then you can outperform this as well. And so the question is, which game do you want to play?

[28:12] And there's no right answer if it's understanding what you want to do. Once you understood that, we talked about different types of funds that you can invest in. As a growth investor, we talked about investing in the NASDAQ 100, AI and semiconductors and small caps. For income investors, we talked about how you can invest in United States strong dividends

[28:28] companies that have been paying out an increase in their dividends. We talked about investing in REITs, which is Real Estate Investment Trusts. And we talked about how you can invest in international dividends as well. If you got value on this video, the best thank you is a referral.

[28:41] It's a good case to show this video with a friend, family member, colleague, or fellow investor. That way, we can continue to spread this type of financial education. Thank you. It's official. The Federal Reserve Bank wants to reset our economy starting with the United States dollars.

[28:55] Why? There are two big cracks in our economy right now. Number one is our economic growth because our economy has not been growing fast enough. I'll talk more about that in just a minute. Number two is inflation.