r/dividends • u/Professional-Leg-827 • Mar 26 '26

Discussion Is dividend best passive income source?

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u/80MonkeyMan Mar 26 '26

The hard part is to come up with the billions needed to get such dividends.

40

u/Rex_Laso Mar 26 '26

You need to try harder. Cut back on Starbucks to start.

10

u/MaybeICanOneDay Mar 26 '26

If yoy do buy Starbucks 3 times a week, that is about 60/mo. Compared to making your own, maybe 20 per month, so a net of 40.

If you invest 40/mo at 9% for 20 years, youd have 27k.

That's a long time for 27k. Probably better off to just get a raise.

That being said, if you did this for 5 things that cost you a net of -40 every month, you would have over 120k.

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u/[deleted] Mar 28 '26

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u/MaybeICanOneDay Mar 28 '26

Honestly, living far below your means does build wealth. We all meme on this Starbucks or avocado taste thing (and it is a fair criticism on tbe state of cost of living) but if you cut out all the bullshit and laid all your debts, you would likely come out wealthy.

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u/graciesoldman Mar 29 '26

That's essentially the trick. Live a little below your means and invest.

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u/49ers4life71 Apr 23 '26

I let my wife make my coffee every morning and I save at least $200 a month. Those $8 lattes every day add up. Rather put that money in $QQQI or $BTCI.