Transcription
[Music] What is going on, YouTube Nation? This is Start Dividend. If you guys are new to my YouTube channel, make sure you subscribe and hit the notification bell so you don't miss future videos. I did sell some stocks today, and I'm going to save it for this weekend, possibly on Sunday. I'll explain my rationales as to why I sold a few stocks and threw it into MST.
The potential with MST is earning passive income by buying my dividend growth stocks and increasing my monthly passive income. There's a lot of potential. Now, there's a big risk with that; there are no guarantees with the YieldMax ETFs. Things can go bad; things can go up, they can go down. You have to be aware of this with these YieldMax ETFs. The thing is, I want to make X amount of dollars a month to distribute into my dividend growth stocks, and MST is the perfect high-yield dividend ETF right now for me to help turbocharge my dividend portfolio.
So, I'm going to show you how many shares I own, my potential with my dividend portfolio by owning these shares with MST, and I'll tell you my long-term plans with MST. If you're new to this YouTube channel, make sure you subscribe and hit the notification bell so you don't miss future videos. Smash that like button! Let's check out MST right now.
Right now, with getting shares of MST, my total income for this year is $118,854. I've been paid $17,940 with estimated income of $624,191. My average monthly income is $1,573. So, with my dividend portfolio, again, I want to create my own retirement pension. What I need to do is use these YieldMax ETFs.
All right, I've loaded up on NVD. I'll show you my shares with NVD and MST right now, and I'm going to show you my plans with CL1Y. I'm just going to add a little bit of information. So, right now, my upcoming dividends—these are all estimated—AMDY $5,673, CY $7,025, SQY $3,561. MST right now, I'm at 77 shares, so that was a huge move. Estimated, you know, it's not guaranteed, so you have to be aware of that. AIPI estimated $8,450, FB $3,124, YBTC $2,473. So, you're just seeing some estimated figures.
Let me jump to E-Trade right now, and I'll do a quick review on MST. My estimated income on E-Trade—remember, I have two dividend portfolios—my estimated income on E-Trade is $9,572. That's not a guarantee, but NVD and CL1Y, see these two right here? The estimated income right here is going to go by my little section that I have on M1 Finance, which is right here with NVD and MST.
So, look at how much I earn with these two—actually $5,555. Sure, the market gain is going to be down. MST is very volatile, up and down. You know, it's very volatile. When the stock market's up, things are good; when Bitcoin's good, MST is good. I'm going to anticipate it's going to go back down eventually with MST.
So again, reinvesting the dividends, using the income to buy dividend growth stocks, loading up on MST and CL1Y—those are going to be my three targets. What I plan on doing is getting to at least 200 shares or so on E-Trade with MST and use that income to buy MST on here, just like what I'm doing with NVD, just to build up this portfolio and feed it with passive income options. Then, start buying dividend stocks in here.
This process is going to take probably a good two to three years to really perfect, but that's one thing that I plan on doing. Then, CL1Y is going to buy CL1Y on here, and it's just going to keep on going and going and going. But the risk is, you know, if things take a hit, it's not good.
So right now, MST, Y, and NVD—again, not financial advice—but they appear to be pretty good right now, and you're seeing my estimated income reinvesting into my dividend portfolio. So right now, I'm starting to buy the higher-yielding business development companies since they're down and really build up the dividend portfolio and those high-income business development companies, using their revenue to buy dividend growth stocks. Hopefully, in two to three years, I never have to touch those business development companies again and then just build up that dividend portfolio, turbocharge the dividend portfolio, and increase my net worth.
Really, I'm hoping to start at the end of 2025 making $1,000 or more, maybe even $2,000 or more. I'm sorry, I said 2015; that's how I'm getting old. But that income of $2,000 will help build that dividend portfolio. Then maybe I can get to $3,000, $4,000. If I could really get to $5,000, that's a huge risk, but I can get to that type of income a month just to build and give a nice kick to my dividend portfolio.
I might get to the point where I never have to touch it again because I'm using that income, building it up, building it up, building it up, and then the dividend snowball effect is going to kick in. Because I'm going to be honest with you, do I see myself at 55 retiring on dividends? I really haven't even thought about that. I want to do a process. I don't want to think long-term; I want to take it systematically and in phases.
Now, would it be great to make it to $100,000? Yes. Can I make it to $100,000? Maybe. But I have a process that I need to do, and I need to get there first before I even start considering retiring and passive income. Flipping that passive income because I want to really, if I can, okay, when I get to phase four of this dividend portfolio, not have to put any money in whatsoever. Then I can focus on E-Trade and building up a very powerful dividend portfolio with monthly dividends and quarterly dividends.
Okay, that's kind of the goal. So again, I'm not even at phase two. Phase two is where some of my high yielders start funding the dividend growth stocks. So I'm not even there to where I'm really starting to get that. Maybe halfway through next year, I might be able to do that, but I'm not at phase two. Phase one right now with my portfolio is just giving a little bit of juice to every dividend stock that I own, funding it, and at least getting around $10 a distribution for quarterly dividends for some of my dividend stocks, higher yielders, at least getting around that or $20.
But the dividend growth one is probably going to be phase three, where everything focuses on the dividend growth stocks. So the income from the YieldMax—phase one is kind of like the YieldMax ETF starting to fund it, starting to build it, starting to get to a point where I can get to maybe $2,000 a month with the YieldMax ETFs to fund things. I'm not there yet, so that's kind of my phase one. You know, it's kind of like an integration, adding enough shares to start getting things going.
Then phase two is the higher yielders, getting to at least 200-400 shares in some of them and then never touching them again, using their income to buy the dividend growth stocks. I can get $200 quarterly with some of them. Okay, you see what I did with Arbor Realty Trust, making like $300-something dollars a quarter? Arbor is going to be funding that. The plan is for next year; Arbor is going to be funding Realty Income. I want to get to 200 shares of Realty Income. I think it's possible by the end of the year, but I'm going to have to really strategize and use passive income with EPR Properties, with some of the monthly dividend stocks.
Then after I fund Realty Income, I'm going to go straight into Main Street Capital to get to 200 shares of Main Street Capital. So that's kind of my goal, but I'm just kind of revealing to you phase one, how things are working, how things are tweaking. I mean, if I can do this in five years of phases each year, that would be fantastic, but that's not possible. I'm going to say maybe 10 years I can complete these phases, and then, you know, to phase four. Phase five is when I flip everything during the passive income, but I'm not there yet.
It's a process. I'm telling you, you know, the one thing I kind of really liked about Nick Saban when he sat down and discussed, you know, the goals. Everybody wants to retire; everybody wants to retire on passive income. Everybody wants to make $100,000; everybody wants to make $50,000. But you have to get the process going. Okay, start doing your assignments. You start focusing on what you have to do. What are you going to do to load up on the YieldMax ETFs? What are you going to do to focus on the business development companies? What are you going to do to build the dividend growth stocks?
I kind of like the way he explained the process and progression. That's the key: progression. Okay, getting there. Yes, there's a long-term goal; everybody wants to earn a lot of money in passive income, but you have to understand the progression to get to that point. This is what I'm slowly doing and dissecting, fixing, you know, tweaking. That's what I want to do.
If you're new to this YouTube channel, make sure you subscribe and hit the notification bell so you don't miss future videos. Let me jump to ST real quick, and we'll just do that real quick before I jump to my disclaimer right here with MST. Okay, it's $37.10, very volatile right now, going to go up and down. I think this is one of the YieldMax's best options income ETFs. Now, it's not shares of it; remember that it's not going to beat MST, the stock. I'm just being straightforward, but looking at its potential and its passive income trends are quite impressive.
So we're going to jump to that. I'm on their website; their distribution rate is $152.23 per. Again, the fund strategy will cap its potential gains if MSTR shares increase in value. So its distribution right now is $4.12, $2.52, $3.03, $2.33, $1.94, $1.85, $4.19, $4.42. You're seeing the volatility. There's no expectation that it's going to be $4. I can get to 200 of MST; that's a possibility, or 300, and start loading it up even more and getting it more powerful. I mean, that's what I want to do, but I'm going to have to go on E-Trade, get X amount of shares of MST just so I can fund MST and M1 Finance.
So I need to get MST pretty big on M1 Finance and then build a separate brokerage just to fund that and go from there. So that's kind of the plan. That's going to be the plan with TSLY; that's going to be the plan with AMDY; that's going to be the plan with SQY. I'll probably get to 100 shares of SQY and use that to fund SQY in E-Trade or, I'm sorry, M1 Finance. So that's kind of the goal. What I'm going to do is get a little bit of a kick and zing because I can't really do options on M1 Finance, and I have these guys do it for me with YieldMax.
Yes, that's your synthetic calls, but things are looking pretty good. If you're new to this YouTube channel, make sure you subscribe and hit the notification bell so you don't miss future videos. I have a video for you tomorrow. Take care, and I'm going to jump to my disclaimer.
So as a reminder, this is a disclaimer: do not use my YouTube channel for any form of financial advice. It's strictly for entertainment purposes only. Investing is a big risk; you can gain money, you can lose money, so be aware and do your due diligence. Go see a financial adviser for financial advice and a tax adviser for tax advice. You should not use my YouTube channel for any form of financial advice or tax advice. Again, I'm going to say this again: entertainment purposes only. Things can blow up in your face with this. I myself am 39, single, no kids. If something bad happens with this money, I'm in good shape. You, on the other hand, it might be different. So that's why you should go see a financial adviser. You should not follow what I do; I'm just showing you my passive income journey. Take care and have a good one, and I'll see you tomorrow.