Can I replace my salary with dividends? I ask someone who did

Jess recently got paid real money from her ETFs for the first time.

(a whole 30 bucks, watch out- don’t spend it all at once!)

It made her wonder- could payments from investments eventually replace her salary?

She sat down with Dave Gow from Strong Money to learn everything you need to know about dividends.

Chapters: 00:00 Introduction to Dividends 03:07 Income vs Growth 07:01 How Dividends Work 10:34 ETF Distributions and Reinvesting 13:30 Balancing Income and Growth 16:41 Planning Your Retirement Income 19:08 Dividend Yields and Risks 23:40 Managing Dividend Cuts 28:31 Choosing Dividend Investments 32:39 Dividends vs Savings Accounts

If you'd like to learn more about Dave's journey and teachings - you can find his website here. He's also written a book about how to gain financial independence create a life of freedom which has sold over 40,000 copies! Find that here.

Links mentioned in this episode: Calculator mentioned by Dave: Portfolio with Dividends Reinvested vs not 📩 Sign up to the Get Started Investing newsletter here 📩 Share your investing story with us submit here 🤳 Follow Jess’ investing journey on instagram at getstartedinvesting_ Want more Equity Mates? Across books, podcasts, video and email, however you want to learn about investing – we’ve got you covered.

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In the spirit of reconciliation, Equity Mates Media and the hosts of Get Started Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.

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Get Started Investing is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes only. Any advice is general advice, and has not taken into account your personal financial circumstances. Before acting on general advice, you should consider if it is relevant to your needs. If you are unsure, please speak to a financial professional. The hosts of this podcast and their guests may have positions in the companies mentioned. Equity Mates Media is part of the Betashares group but maintains editorial independence. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.