Stealthy Wealth
5.8K posts
Stealthy Wealth
@stealthy_wealth
Husband, father, slow runner and passive investor. On a journey to financial freedom
United Kingdom Katılım Mayıs 2016
47 Takip Edilen40.4K Takipçiler
What has been the best piece of financial advice you have ever received?
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@stealthy_wealth Spend less than what you earn.
Live within your means.
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@stealthy_wealth ‘… it can wait for my next birthday daddy…’ 6yo daughter.
She was simply saying ‘.. its ok to delay gratification..’
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Out of all the investing decisions you will ever make, the most important is the decision to start
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@stealthy_wealth Person A earns R150 000 per month. Person B R5000 per month. How can it be the same formula
Stellenbosch, South Africa 🇿🇦 English
Years till financial freedom according to the percentage of your salary that you save.
If you save the recommended 15% of your salary, it will take you 40 years to become financially free.
Up your savings rate to 50%, and you can be financially free in just 16 years!
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ETFs = Awesome!
TFSAs = Awesome!
ETFs in a TFSA = Awesome to the power of awesome!
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4) If the ETF pays out dividends then, next to the word "Distribution", you will see the distribution frequency, or the months in which dividends are paid out.
Some examples are below.
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3) In the MDD search for "Distribution".
A ETF is total return (no dividends paid) if:
- Next to "Distribution" you see text like "fund does not distribute" or similar.
- The word "distribution" does not exist in the MDD. Confirm by searching for "Total Return"
Examples below
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Some ETFs pay out dividends while others automatically reinvest the dividends on your behalf (the cool kids call these "Total Return ETFs")
So how do you find out what an ETF does with your dividends?
[Thread]
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For reference here is last years
twitter.com/stealthy_wealt…
Stealthy Wealth@stealthy_wealth
Income vs After Tax Income (Updated for the 2022 Tax Year)
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If your income is less than R25,000 a month, focus on earning more
If your income is more than R25,000 a month, focus on spending less
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Dividends are awesome - you are literally getting money for sitting on your ass!
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