Comments on: 30 Passive Income Ideas To Build Wealth https://thecollegeinvestor.com/16399/20-passive-income-ideas/ Navigating Money And Education Fri, 15 Nov 2024 00:14:06 +0000 hourly 1 By: Robert Farrington https://thecollegeinvestor.com/16399/20-passive-income-ideas/#comment-481268 Mon, 16 Sep 2024 02:49:33 +0000 https://thecollegeinvestor.com/?p=16399#comment-481268 In reply to Wali.

If you focus on a dividend paying ETF like DVY, the median dividend yield is 3.5% annually. That means you’ll need about $8.57 million to achieve a dividend yield of $300,000.

But a “return” doesn’t necessarily mean dividend only. You will also experience growth, so you can sell some of your investments as well. If you use the 4% rule (meaning you pull out 4% of your account value annually to meet your goal of $300,000), you can have about $7.5 million in investments.

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By: Wali https://thecollegeinvestor.com/16399/20-passive-income-ideas/#comment-481267 Mon, 16 Sep 2024 02:24:34 +0000 https://thecollegeinvestor.com/?p=16399#comment-481267 How much dividend stock investment needed to get a return of $300,000.00 annually?

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