Timothy Sumer

This is my first update to my $1,000/Month Passive Income Dividend Portfolio. Since it's taken me 6 months to make the first update, I decided just to give everyone a high-level overview of where the portfolio is at, and what it's yielding. In future episodes, I plan on giving a quick portfolio update, followed by all the interesting things going on in the market and within my portfolio. Please follow the playlist that I created for this series, as it will evolve and get better over time. My FREE M1 Finance Training Video! ► WBF UNIVERSITY - JOIN MY SCHOOL HERE ► LIMITED TIME - Get 1 FREE STOCK ON ROBINHOOD ► FUNDRISE - INVEST IN REAL ESTATE FOR ONLY $500 ► M1 FINANCE - INVEST FOR FREE (Yes, Really) ► My FREE M1 Finance Training Video ► My FREE Stock Market For Beginners Guide ► GET MY HOME AFFORDABILITY SPREADSHEET HERE ► SCHEDULE A COACHING CALL WITH ME ► HOW TO BUY & STORE BITCOIN ► THE BEST CREDIT CARDS TO USE RIGHT NOW ► CHECK OUT MY

Today on Your Money, Your Wealth® podcast #286 with Joe Anderson, CFP® and Big Al Clopine, CPA: Investing strategies for dividend-paying stocks and how the pro-rata rule for Roth conversions work with dividends. Plus, Wealthfront, M1, Paul Merriman? Should young investors use a robo-advisor or pay for financial advice? Also, thoughts on a Vanguard retirement portfolio and ideas for self-employed small business owners to save money in retirement plans like SEP IRA, SIMPLE IRA, and Solo 401(k). Send in money questions and access the episode transcript and free financial resources: 00:51 - How Does the Pro-Rata Roth Conversion Rule Apply to Dividends? 07:03 - Do I Lose the Dividends if I Sell Dividend-Paying Stocks Before the Dividends are Distributed? 17:48 - Investing Advice for Under Age 30: Should I Switch from My Robo-Advisor and Pay a Fee for a Financial Advisor? 27:41 - What Do You Think About This Vanguard Portfolio for Retirement? 34:42 - SEP-IRA, SIMPLE IRA, Solo 401