How much money are you making with Robinhood? As of right now I am making about $65 dollars per month. Now this is passive income from the dividends that I get from the stocks that I own. I really only buy dividends paying stocks. On my YouTube channel called the dividend stock king, I make videos about the stock market and I why we should be building some passive income. On my YouTube channel I talk my goal for this year which is to make $100 dollars in passive income by the end of the year. After that goal, my next goal is to make $500 dollars per month in passive income with dividends.
Everyone has a different number on the amount of money they want to make. I feel like $500 per month is good cause that money can be used to pay our light bill, our water bill and our phone bill. To me, it does not matter how much money you have, but we all have the same bills pretty much like a water bill and light bills. Having my dividends pay those 3 bills will allow us to have more money, we are not working as hard to pay those bills and at the end of the day we will have more money. I know people that are making $200 bucks per month in dividends which is nice but right now I am making about $65 dollars per month. If you want to check out robinhood you can click here: I am an affiliate for robinhood
What is the way to reach the goal of $500 bucks per month in dividends?
I don’t invest that much money into the stock market like other people you see on YouTube. One YouTube says that he invest $400 per week in the stock market which most people with kids and bills can’t do. I took an easier path in the I think anyone can do. I get paid from my job and I pay my bills like everyone does. Next I place some money into my saving account for anything that comes up. Next I say if my family needs anything like food or clothes. After all of that then I invest into the stock market. I would invest about $150 to 200 dollars into the stock market every two weeks. This path is one that most people can do.