How much do you need to invest to live off dividends? | DataDrivenInvestor
This year wasn’t easy for many. I hope you didn’t sell anything and I encourage you again to hold your stocks for the long term. You will be surprised and thankful to yourself in 10 years that you were invested in the stock market this year.“The best time to plant a tree was 20 years ago, the second best is today!”Alright, let’s begin.You will need a lot of money to live off the dividends and somehow you can retire or do whatever you want with your time. How much is it? This is a little bit complex question.Let’s say that you need $1000 for your monthly expenses. That is $12,000 per year. We will use this round number as an example so that you can easily scale up to your needs.I cannot discuss right now which company you should invest in because it would be a much longer article so you wou
The 3 Horsemen. Inflation, Deflation, and Stagflation. All running after your Portfolio
History offers no clear path for the future, including the course of the economy once central banks end their extraordinary monetary policies. Outcomes from a rise ininterest rates range from an Inflationary boom, Deflationary slump, or Stagflationary swamp; each has implications for the ways your portfolio is managed.Investors can turn to history to understand the implications of each scenario and for guidance for the best-performing asset classin each case.Meaning of Inflation in Economy and Definition of Inflation RateIn simple terms, Inflation is the phenomenon that characterizes the rise of goods and services. High Inflation is characterized by rising prices and a decline in purchasing power. For instance, if Inflation Rate is at 10%, consumers would need to spend $110
2 Things each Investor shall know this week. Stock Market News
US indices dropped for the second consecutive week as a result of the Fed’s latest interest hike to curb inflation, as well as retail sales, which declined significantly despite aggrieved promotions to incentive holiday shopping. Commodities also contractedas the ECB signaled that it was willing to be aggressive in its pursuit to reign in inflation, even at the cost of a severe economic contraction.For the week, the Dow Jones fell 1.7%, the broader marketS&P 500 declined 2.1%, and the Nasdaq saw a sharp decline of 2.7%. The week ahead is packed with housing market data,consumer confidence, and $S&P 500(.SPX)$$DJIA(.DJI)$
Stock Market Update: Crucial Federal Reserve Decision Will Drive Markets in the Week Ahead
This week, U.S. equity markets took a hit as traders weighed concerns about apotential recessionwith the possibility of more aggressive tightening by the Federal Reserve. TheDow dropped 2.8%, theS&P 500 lost 3.4%, and theNasdaq contracted by 4%.Next week is shaping up to be a big one for the economy, with two major events on the calendar: the NovemberCPI reportand a meeting of the Federal Reserve, determiningwhere interest rates are headed next.While a mild inflation reading is unlikely to change the Fed’s hawkish stance, a flat reading or even a surprise increase could shock investors who are betting on an inflation peak.For a full list of events in the upcoming week, please refer to the economic calendar.FOMC MeetingNext week,the Federal Reserveis expected to raise interest rate
Inflation Data Will Drive Markets in The Week Ahead
Major Indicesclosed flat on Friday despite amore robust jobs report which renewed fears of aggressive tightening from the Federal Reserve to keep inflation in check.Investment Banks like Citi Group, BlackRock, and JP Morgan are now anticipating arecessiondue to increased monetary tightening, a significant slowdown in the housing market, and aninverted treasury yield curve, making the case that growth may slow down in 2023.Picture by AuthorHowever, markets posted solid gains for the week after a midweek speech from Federal Reserve Chairman Jerome Powell, whichcalmed fears of a severe recession and increased the odds of a possible soft landing.For the week, the Dow Jones rose 0.2%, the broader market S&P 500 climbed 1.1%, and the tech-heavy Nasdaq surge
CRH Plc. — Build your Future with this Blue-chip | DataDrivenInvestor
CRH plc, through its subsidiaries, manufactures and distributes building materials. It operates in three segments: Americas Materials, Europe Materials, and Building Products. The company manufactures and supplies cement, lime, aggregates, precast, ready mixed concrete, and asphalt products; concrete masonry and hardscape products comprising pavers, blocks and kerbs, retaining walls, and related patio products; and glass and glazing products, including architectural glass, custom-engineered curtain and window walls, architectural windows, storefront systems, doors, skylights, and architectural hardware.The company operates primarily in the Republic of Ireland, the United Kingdom, the rest of Europe, the United States, and internationally. CRH plc was founded in 1936 and is headquartered in
Inflation and Labor Market Data Will Drive Markets in The Week Ahead
Market Indices finished the shorter holiday trading week on a mixed note but closed higher for the Week following commentary from members of the Federal Reserve who suggest that the pace ofinterest rate hikesmay slow down soon.For the Week, the S&P 500 Rose 1.5%, the Dow Closed 1.7% higher, while the tech-heavy Nasdaq inched 0.7% higher.The Week ahead is packed with crucial inflation and jobs reports, which will help investors gauge the data about the strength of the economy, driving the markets in the Week ahead.Inflation UpdatesThe Bureau of Economic Analysis is set to report the personal consumption index (PCE), the Fed’s preferred inflation indicator for October, on Thursday. Consensus forecasts show that PCE inflation will have slowed down in the previous month afte
Enterprise Products Partners (EPD) provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. The company operates through four segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services.Market Cap: $54.7b S&P Rating: BBB+Recent news to know:- EPD released its Earnings Report on November 1, with an EPS of $0.62 and Revenue of $15.47B, both beating the expectation.EPD Earnings Report. Source:https://seekingalpha.com/Current Situation and past performanceIt is currently trading at a 7.53% dividend yield, which is still higher than the 2008–2009 level. The operating cashflow what I
Up or Down? Key Inflation and Consumer Sentiment Data Will Drive Markets in The Week Ahead
US Markets closed higher on Friday after a stronger-than-expected jobs report calmed nerves about the severity of a recession but fell for the week on account of the Federal Reserve’s sixth consecutive interest rate hike of the year, raising benchmark rates by 75 basis points again.The Federal Reserve is now widely expected to slow down the pace of rate hikes in the coming months but remain hawkish, stating that they may continue to raise rates for longer than previously anticipated, while peak interest rates are expected to be higher than the 4.6% forecasted by the Fed in its September meeting.Market Indiceshave been digesting the mixed news, with the Dow Jones falling 1.4%, the S&P 500 declining 3.3%, and the tech-heavy Nasdaq shedding 5.6% for the
US Stocks defied earrings weakness, bouncing off the lows seen earlier in the week, primarily led by Apple, despite Amazon, Alphabet, Microsoft, and Meta Platformsposting large declines. Furthermore, strong earnings from Visa, Pepsi, and McDonald’s also helped bulls turn the tide overbear.Markets also saw a boost from the reported Gross Domestic Product (GDP) numbers,which saw the US GDP grow by 2.6%, beating estimates of 2.3%, and snapping two-quarters of negative growth, and subsequently easing recession fears.For the week, the Dow Jones rose in six consecutive trading sessions to end the week at nearly 6% higher, while the S&P 500 rose 4% and the Nasdaq climbed 2%.The week ahead was packed with a key FOM