Ticker: GS โข Yield: 2.8% โข Growth (5yr): 20.0%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $1,285,714.29. But if GS grows its dividend by 20.0% annually, you can invest less today and hit your goal later.
*Assumes constant dividend reinvestment is NOT included, only dividend growth.
Reinvesting all dividends with constant yield:
| Year | Total Value | Monthly Income |
|---|---|---|
| Year 1 | $1,321,714 | +$3,084/mo |
| Year 3 | $1,396,767 | +$3,259/mo |
| Year 5 | $1,476,080 | +$3,444/mo |
| Year 10 | $1,694,633 | +$3,954/mo |
๐ You are your own boss now. This replaces an average salary.
Dreaming of an extra $3000.00 in monthly cash flow? With Goldman Sachs (GS), a capital allocation of roughly $1,285,714.29 could get you there. This figure assumes the yield holds steady at 2.80%.
Traded as GS, Goldman Sachs operates within the Financials space. It is generally viewed as a stable income generator.
Deploying $1,285,714.29 is a serious step. Ensure GS aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.