So @CJ_Johnson17th tweeted that his annual dividend income is now $102,345.48
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤯" title="Explodierender Kopf" aria-label="Emoji: Explodierender Kopf">
So I wanted to show a hypothetical growth of this for the next 20 years if he added NO MORE MONEY, just DRIP
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💧" title="Tröpfchen" aria-label="Emoji: Tröpfchen">
I will have to assume some values, but let’s get it
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👊🏻" title="Fisted hand (heller Hautton)" aria-label="Emoji: Fisted hand (heller Hautton)">
(Thread)
So I wanted to show a hypothetical growth of this for the next 20 years if he added NO MORE MONEY, just DRIP
I will have to assume some values, but let’s get it
(Thread)
First off, here is his tweet he made today showing proof https://twitter.com/cj_johnson17th/status/1298672418798489603">https://twitter.com/cj_johnso...
Here are my assumptions before I show the calculations
3% dividend yield
$3,411,516 account value (found this by taking dividend income divided by 3% yield)
4% portfolio growth per year
$0 in contributions, only DRIP
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💧" title="Tröpfchen" aria-label="Emoji: Tröpfchen">
2020 = Year 1
3% dividend yield
$3,411,516 account value (found this by taking dividend income divided by 3% yield)
4% portfolio growth per year
$0 in contributions, only DRIP
2020 = Year 1
Year 1: $3,411,516.00
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> $102,345.48 in dividends
Year 2: $3,654,415.94
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> $109,632.48 in dividends
Year 3: $3,914,610.35
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> $117,438.31 in dividends
Year 4: $4,193,330.61
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> $125,799.92 in dividends
Year 5: $4,491,895.75
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> $134,756.87 in dividends
Year 2: $3,654,415.94
Year 3: $3,914,610.35
Year 4: $4,193,330.61
Year 5: $4,491,895.75
Year 6: $4,811,718.73
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> $144,351.56 in dividends
Year 7: $5,154,313.10
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> $154,629.39 in dividends
Year 8: $5,521,300.19
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> $165,639.01 in dividends
Year 9: $5,914,416.77
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> $177,432.50 in dividends
Year 10: $6,332,523.24
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> $190,065.70 in dividends
Year 7: $5,154,313.10
Year 8: $5,521,300.19
Year 9: $5,914,416.77
Year 10: $6,332,523.24
Year 11: $6,786,612.50
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> $203,598.37 in dividends
Year 12: $7,269,819.31
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> $218,094.58 in dividends
Year 13: $7,787,430.44
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> $233,622.91 in dividends
Year 14: $8,341,895.49
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> $250,256.86 in dividends
Year 15: $8,935,838.45
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> $268,075.15 in dividends
Year 12: $7,269,819.31
Year 13: $7,787,430.44
Year 14: $8,341,895.49
Year 15: $8,935,838.45
Year 16: $9,572,070.15
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> $287,162.10 in dividends
Year 17: $10,253,601.54
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> $307,608.05 in dividends
Year 18: $10,983,657.97
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> $329,509.74 in dividends
Year 19: $11,756,694.42
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> $352,970.83 in dividends
Year 20: $12,603,411.86
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> $378,102.36 in dividends
Year 17: $10,253,601.54
Year 18: $10,983,657.97
Year 19: $11,756,694.42
Year 20: $12,603,411.86
Crazy, right?
Remember, this is with NO added contributions other than DRIP
https://abs.twimg.com/emoji/v2/... draggable="false" alt="😳" title="Errötetes Gesicht" aria-label="Emoji: Errötetes Gesicht">
If @CJ_Johnson17th does this for 10 more years, then at year 30 the balance and dividends may look like
Year 30: $25,072,276.50
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> $752,168.29 in dividends
Remember, this is with NO added contributions other than DRIP
If @CJ_Johnson17th does this for 10 more years, then at year 30 the balance and dividends may look like
Year 30: $25,072,276.50
Remember, all of these numbers are assumed except for his current dividend income
Also, this is all hypothetical growth
Also, I am sure @CJ_Johnson17th will continue to BUY INCOME, so this number may be even bigger
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👊🏻" title="Fisted hand (heller Hautton)" aria-label="Emoji: Fisted hand (heller Hautton)">
*not investing advice
Also, this is all hypothetical growth
Also, I am sure @CJ_Johnson17th will continue to BUY INCOME, so this number may be even bigger
*not investing advice
I hope you enjoyed this thread and I was able to help visualize the POWER of time and compounding
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔥" title="Feuer" aria-label="Emoji: Feuer">
This thread should be motivation for you to keep buying income, so you can become financially free!
Thanks for reading
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🙏" title="Folded hands" aria-label="Emoji: Folded hands">
@DecadeInvestor
This thread should be motivation for you to keep buying income, so you can become financially free!
Thanks for reading
@DecadeInvestor