When will your portfolio pay you $1,000 a month?Start with $10,000, invest $500 a month, earn a 9% total return, and the answer in this book's base case is about nineteen years. Invest $1,000 a month and it is about 14%. Few investing books print numbers like these. You need them to build a plan that survives a falling market.The Dividend Wealth System is a practical, numbers-first guide to dividend investing for beginners who want real income from stocks and ETFs. It turns scattered advice about dividend stocks, REITs, BDCs, dividend ETFs and covered-call funds into five clear steps you can follow for the next twenty years.The five stepsANCHOR. Understand what you own and what dividends can realistically build on your income and timeline.BUILD. Choose the right vehicles and learn the one ratio that shows whether each payment is safe.COMPOUND. Let contributions and reinvested dividends carry you through the slow first decade.HARVEST. Turn uneven distributions into a dependable monthly paycheck without selling at the wrong time.PROTECT. Write your rules for dividend cuts and bear markets before you need them.Inside you will learnWhy the payout ratio on free cash flow warns you of a dividend cut long before a record of raises doesHow to judge REITs with AFFO and BDCs with net investment income and NAV per shareDividend growth or high yield: what each path pays after ten years, including income growth, cuts and time spentWhat covered-call ETFs such as the YieldMax family really pay you, and how return of capital shrinks your stakeHow to build a payment calendar so income arrives in every month of the yearHow much capital you need for financial independence, and how to protect a withdrawal plan against sequence-of-returns risk with a cash bufferBacktests of dividend ETFs, Dividend Aristocrats, REITs and BDCs built from real price and dividend historyThree investors, one consistent set of numbersFollow Lisa, who keeps investing through seven years in which almost nothing seems to happen. Markus, who buys the highest yield he can find and learns what it costs. And Nico, who chases fast tech trends and collects a 68 percent distribution from a fund that keeps shrinking. Their figures run through every chapter, so you see exactly where each decision leads.Tools you will useA week-by-week plan for your first 90 days, with the instruments beginners actually useThe quarterly portfolio control checklistThe runway calculator for your own financial freedom numberFillable worksheets for every stepSebastian Johnen studied business, works as a consultant and has invested his own money in dividend stocks for fifteen years. The expensive mistakes described in this book are his own, and so are the rules that came out of them.Build toward a retirement funded by dividends. Start with the first ninety days. Read more
