Join My Investing Community on Discord: https://bit.ly/TobysCommunity This video talks about some of the problems with dividend investing to make passive income and how many people forget to tell you that you will need to have a very large portfolio to make any kind of returns, like $100 or even $1000 per month. I also discuss some of the other problems like taxes, trading fees and commissions as well as some of my own experiences from investing in dividend-paying stocks. I also use some examples from popular stocks like Coca Cola and Johnson and johnson to help you really understand how much you need to get to the magic $1000 per month amount. //Investing Apps and FREE Shares 💸 - Trading 212 - Get a Free share up to £100 https://www.trading212.com/promocodes/TOBY 💸 - InvestEngine - Get £25 free once you deposit £100 (T&Cs Apply)* https://bit.ly/TobyNewbatt-InvestEngine 💸 - Lightyear - Free cash once you deposit https://bit.ly/TobyNewbatt-LightYear //Crypto Apps I Use 💰 - Nexo - Buy Crypto, Earn Interest and get $10 Free https://bit.ly/TobyNewbatt-Nexo //Useful Videos All of my Portfolio Updates - Playlist: https://bit.ly/Portfolio-Updates The Best Stocks and shares ISA 2022: https://youtu.be/O4RkVenMYgc //Help support the channel 💸 - Become a Patreon - https://www.patreon.com/TobyNewbatt //How I Make My Videos 🔊 - Sounds and Music - Epidemic Sound - Free Trial Here https://bit.ly/3lTPxaA Disclaimer: This information is not investment advice. Do your own research. When investing, your capital is at risk and you may get back less than invested. Past performance doesn’t guarantee future results. *InvestEngine (UK) Limited is Authorised and Regulated by the Financial Conduct Authority (FRN: 801128) Webull: Introductory zero commission promotion for 90 days from the date of successful account opening. Offered at Webull's discretion – refer to the Pricing page for fees applicable once the intro period ended and Terms and Conditions for full details. Valid in conjunction with other applicable welcome promotions subject to conditions.