EP79: Building a $1M Dividend Portfolio

Simply Investing
Simply Investing
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Published 2024-04-24
In this episode, I’ll show you how to build a million-dollar dividend stock portfolio starting with only $500, and you’ll see how that portfolio could provide you with over $31,000 a year in passive income.

I also cover the following topics in this episode:
- Starting small
- 3 keys to investing success
- Real-life example investing in McDonalds (MCD)
- How does this work?
- $50,000 investment eventually returns over $108K/yr in dividends
- Reaching one million dollars

Link to the Simply Investing Future Value Spreadsheet:
rb.gy/782866

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All Comments (4)
  • @zohahs5276
    Nice one, Are you buying any stocks in Canadian Telecom beaten up sector BCE/TELUS/Rogers which would be a better buy today as prices further drop today. I already have 500 div/yr on Telus income was thinking its a good time to push to 1000/yr as prices looks attractive. Trying to stay away from BCE as every fundamental is out of whack for stock and management seems to be sleeping at the wheel.