Are you ready to QUIT your job? Here's how to get started investing!

Investments you can do So you can Easily Quit your Job

#investment #quitjob #makemoneyonline

Nearly everyone dreams of quitting his or her day job, whether it's tomorrow, next year or in the next decade. However, there is a wide chasm between "dreams" and "action" that many people never seem to cross -- and it's usually due to finances.

Obviously, if you want to quit your job , you need to find another way to make enough income to pay your bills, save for the future and enjoy life. But what's the best way to do this? How can you make enough "side income" now so you can quit your job in the near future?
In this video we take a look at 5 awesome investments that will help you quit your job

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Dividend stocks
One of the easiest and basic ways of building passive cash flow is to own stocks of highly profitable companies that pay dividends to their shareholders. Now, this isn't a guaranteed way to earn money passively but if you do your research and invest wisely, you can reap massive benefits. Dividend yields vary from company to company. For example, Apple has a 0.57 % dividend yield while ExxonMobil has a staggering 5.3 % dividend yield. Dividend yeild simply mean what % of stock the company gives its shareholders as dividend. In a 100 $ stock with a 3 % dividend yield, you can receive 3 $ per year per share you own of the company. Dividend yeilds are just part of the decision to buy a stock. Investing in companies with a great financial history and a sound financial future is the right way to earn passive income through dividend stocks.

AT&T is one company with great financial standing. With a dividend yield of 8.3 % it is much higher than the market average. However the stock value has fallen 33 % in the last 5 years. Making dividends a part of a consistent cash flow is a long term plan unless you have a lot of capital to invest. Lets take an example- Suppose you have 3 % as your dividend yeild in your investment portfolio, in order to make 1000 $ per month in dividends, you need a portfolio of 400,000 $. This is why for most people do dividend investment is a long term plan , meaning investors take advantage of compounding interest and reinvestment of their dividends to grow their portfolio to a level where their cash flow becomes significant. Although it is a long term plan , you need to consider it as it is a great addition to start a second income stream early in your career. There are also tax benefits as these dividend incomes are taxes at a lower level than income tax..

Cash Flowing real estate
Which investment can be better than real estate these days. It is often said that real estate is one of the best ways to create wealth and for a reason. For one, real estate tends to go up in
value over time. If you look at historical data, at the start of the 1990s the median home price in the
United States was 97000 $.
Today the medium home value is over 342000 dollars. The value of the market has lmore than tripled in the last 30 years.
Second a person can own this type of asset without actually having the money to purchase it

Let's take an instance here to better explain this point. So, let's say you buy a property for 200,000 $. You put 40000 $ as down payment and finance the other 160000 $ over the next 30 years at a 2.5 % interest rate. Expenses including mortgage payments, interest , insurance and taxes come out to be 830 $ a month. That means with only 40000 $ or in many cases with a much less down payment amount you can own an asset costing hundreds of thousands of dollars.

Now, assume you can rent the house for 200,000 $ a month. This means after expenses we have 370 $ positive monthly cash flow or 4440 $ a year. The great thing about investing in real estate is that your asset is being paid by someone else allowing you to.build equity on your property. Your property is increasing in value year after year and you're receiving positive cash flow month after month. You can also use the increasing value of your real estate property to go ahead and borrow money to buy new property. Then , there are also the tax benefits from purchasing real estate. But that is a benefit only if you're someone who is a high income earner or earn hefty profits year after year.