¿Tienes ya la Independencia Financiera pero aún no lo sabes?

Summary

El vídeo explora cómo la independencia financiera puede lograrse rápidamente mediante cambios de residencia en España. Presenta casos reales como Manuel y Marina, quienes, al mudarse a provincias con vida más económica, aceleran su camino hacia la independencia financiera. Aborda la importancia de la inversión en dividendos y el impacto de decisiones políticas en la rentabilidad de las empresas, promoviendo una vida mejor y económicamente libre.

Takeaways

• 💡 La independencia financiera puede lograrse rápidamente cambiando la residencia dentro de España.
• 🏠 La vivienda en las provincias donde el coste de vida es más bajo y la conectividad mejorada por Internet y teletrabajo, puede mejorar significativamente la calidad de vida.
• 📈 La inversión en dividendos y el ahorro pueden acelerar el alcance de la independencia financiera.
• 🌐 La vida en las grandes ciudades como Madrid y Barcelona se ha vuelto más costosa y menos atractiva en comparación con años anteriores.
• 🚶‍♂️ Algunas personas ya tienen independencia financiera sin darse cuenta, lo que podría cambiar su perspectiva de vida si lo reconocen.
• 🏢 La posibilidad de teletrabajar ha facilitado la mudanza a zonas con una vida más económica y menos estresante.
• 💼 La decisión de mudarse y cambiar de trabajo o de estilo de vida puede tener un impacto significativo en la ruta hacia la independencia financiera.
• 🏡 La propiedad de una vivienda en lugar de alquilar puede ser un paso importante hacia la independencia financiera, ya que se reduce el gasto en alquiler.
• 📊 La diversidad de estrategias de inversión y de vida puede adaptarse a diferentes situaciones y preferencias personales.
• 📉 Las decisiones de los gobiernos y las grandes corporaciones, como el impuesto extraordinario a las eléctricas, pueden afectar las rentabilidades de las inversiones a largo plazo.

Q & A

¿Qué tema se discute en el vídeo?

El vídeo trata sobre la independencia financiera y cómo cambiar la residencia dentro de España puede ayudar a lograrla rápidamente.

¿Cuál es la importancia de la independencia financiera mencionada en el vídeo?

La independencia financiera es importante porque permite a las personas vivir sin depender de un ingreso laboral, mejorando la calidad de vida y permitiendo el retiro temprano.

¿Por qué se sugiere mudarse de una gran ciudad a una provincia con vida más barata?

Se sugiere mudarse de las grandes ciudades a provincias más económicas porque la vida cotidiana es menos costosa y se puede ahorrar más dinero, lo que acelera la independencia financiera.

¿Cómo ha cambiado la dinámica de mudarse de una gran ciudad a una provincia en los últimos años?

La dinámica ha cambiado porque con el avance de la tecnología y la posibilidad de trabajar desde casa, la calidad de vida en las provincias ha mejorado significativamente, mientras que en las ciudades grandes se ha vuelto más difícil y costoso.

¿Qué es el sistema de pensiones financiado que se menciona en el vídeo?

El sistema de pensiones financiado es un sistema en el que los fondos para las pensiones se generan a través de la inversión de ahorros, en lugar de ser un sistema de pagos basados en contribuciones de los trabajadores.

¿Cómo afecta el sistema de pensiones financiado a los dividendos de los inversores?

El sistema de pensiones financiado puede afectar positivamente a los dividendos de los inversores ya que más personas invertirían en fondos para su futura pensión, lo que podría aumentar la demanda y, por tanto, los rendimientos de los dividendos.

¿Cuál es la situación de Manuel antes de mudarse a Almería?

Manuel vive en Madrid en una habitación compartida que le cuesta 600 euros al mes, y le toma una hora llegar al trabajo. Él no vive en el mejor barrio y no disfruta de su vida actual.

¿Cómo cambia la vida de Manuel al mudarse a Almería?

Al mudarse a Almería, Manuel puede comprar un apartamento por 80,000 euros y pagar menos por el alojamiento, lo que le permite ahorrar más y alcanzar la independencia financiera en un plazo menor.

¿Qué alternativas se presentan para aquellos que no pueden o no quieren mudarse de ciudad?

Aquellos que no pueden o no quieren mudarse de ciudad pueden considerar aumentar sus ahorros, invertir en acciones que paguen dividendos, o buscar formas de generar ingresos adicionales para alcanzar la independencia financiera.

¿Cómo afecta la independencia financiera a la toma de decisiones de vida?

La independencia financiera permite a las personas tomar decisiones de vida más libres, como cambiar de trabajo, mudarse a un lugar que les guste más, o incluso no trabajar si así lo desean.

¿Qué sugiere el vídeo sobre cómo mejorar la independencia financiera a través de la inversión en dividendos?

El vídeo sugiere que invertir en acciones que paguen dividendos es una forma efectiva de alcanzar la independencia financiera, especialmente si se vive en un lugar con un costo de vida más bajo.

Outlines

00:00

🌟 La importancia de la independencia financiera y la vivienda en España

El vídeo comienza discutiendo la independencia financiera y cómo cambiar la vivienda puede mejorarla. Se menciona la transición al sistema de pensiones financiado y cómo beneficiaría a los inversores. En España, muchas personas ya tienen independencia financiera sin saberlo. Se discute la posibilidad de mudarse dentro de España para mejorar la situación económica y la calidad de vida, destacando cómo la vida en las grandes ciudades se ha vuelto más cara y menos atractiva. Se argumenta que la vivienda en las provincias es más económica y cómo la teletrabajo y el internet han mejorado la vida en las pequeñas ciudades.

05:01

🏠 El caso de Manuel: Cambiando de vivienda para alcanzar la independencia financiera

Se presenta el caso de Manuel, que vive en Madrid y desea mejorar su situación económica. A pesar de tener una renta y ahorros, la vida en Madrid es costosa. Se explora la idea de mudarse a una ciudad más económica como Almería, donde podría comprar un apartamento por 80,000 euros y reducir sus gastos mensuales. Se calcula que con sus ahorros y dividendos, podría alcanzar la independencia financiera en 7-8 años. Se sugiere que vender su coche y mudarse a un lugar más barato podría acelerar este proceso.

10:03

💡 Otras opciones para la independencia financiera: El caso de Marina

Se habla del caso de Marina, que tiene un apartamento en Barcelona y desea la independencia financiera. Se sugiere que al vender su apartamento y mudarse a una ciudad más barata, podría invertir el dinero restante en acciones y aumentar sus dividendos. Esto la llevaría a una vida más cómoda y sin la necesidad de trabajar. Se discuten las diferentes opciones y cómo la decisión de mudarse puede tener un impacto significativo en su independencia financiera.

15:06

📉 Noticias sobre independencia financiera y dividendos

El vídeo termina con noticias sobre la independencia financiera y dividendos. Se menciona que Endesa ha modificado sus dividendos debido a un arbitraje perdido, pero que los dividendos mínimos esperados siguen siendo de 1 euro. Se discute la importancia de que las empresas inviertan más en España y cómo los impuestos extraordinarios a las eléctricas perjudican a los inversores. También se menciona la transición de Sam Altman de OpenAI a Microsoft y su impacto en la inversión a largo plazo. Se habla de las ventas de APIs por parte de Telefónica y cómo esto puede ser importante para la industria de las telecomunicaciones. Finalmente, se menciona la construcción del primer tramo de la red europea de hidrógeno y cómo esto puede beneficiar a empresas como Enagás.

Keywords

💡Independencia Financiera

Independencia Financiera es el estado de tener suficientes ingresos o activos para cubrir sus gastos sin la necesidad de trabajar activamente. En el video, se discute cómo muchas personas podrían lograr la independencia financiera rápidamente mediante cambios en su estilo de vida y residencia, como se ejemplifica con Manuel y Marina.

💡Dividendo

Dividendo es una porción de los beneficios de una empresa que se distribuye a sus accionistas. En el video, se menciona que la independencia financiera a menudo se busca a través de la inversión en dividendos, para generar ingresos pasivos que puedan cubrir los gastos de vida.

💡Teletrabajo

Teletrabajo se refiere a la capacidad de realizar el trabajo desde casa o cualquier otro lugar fuera de la oficina. El video destaca cómo el teletrabajo ha cambiado la dinámica de la residencia y ha permitido a las personas considerar mudarse a áreas con una vida más económica y mejor calidad de vida.

💡Cambio de Residencia

Cambio de Residencia es el acto de mudarse de un lugar a otro, ya sea dentro del mismo país o a otro. En el video, se argumenta que cambiar de residencia a áreas con una vida más económica puede acelerar la independencia financiera y mejorar la calidad de vida.

💡Inversión

Inversión es el acto de poner dinero en un negocio, en la esperanza de obtener ganancias. En el video, se discute cómo invertir en acciones que paguen dividendos es una estrategia para alcanzar la independencia financiera.

💡Ahorro

Ahorro es el dinero que se reserva para el futuro. En el video, se menciona que los personajes principales ahorran una parte de sus ingresos para poder invertir y alcanzar la independencia financiera.

💡Hipoteca

Hipoteca es un préstamo que se toma para comprar una vivienda, ofreciendo esta como garantía. En el video, se habla de cómo pagar una hipoteca en un lugar con una vida más económica puede ser más factible y lleve a la independencia financiera más rápido.

💡Calidad de Vida

Calidad de Vida hace referencia a la condición de la existencia de una persona en términos de su salud, bienestar, comodidad y felicidad. El video argumenta que mudarse de las grandes ciudades a provincias puede mejorar la calidad de vida significativamente.

💡Inflación

Inflación es el aumento general y continuo del nivel de precios de bienes y servicios. En el video, se menciona la inflación como un factor que se toma en cuenta al planificar la independencia financiera.

💡Impuestos

Impuestos son los pagos que las personas y las empresas hacen al gobierno. En el video, se discute cómo la independencia financiera puede estar influenciada por las tasas impositivas y cómo mudarse a ciertos lugares puede tener ventajas fiscales.

💡Acciones

Acciones son títulos que representan una fracción de propiedad en una empresa. En el video, se sugiere que invertir en acciones que paguen dividendos es una forma de generar ingresos pasivos que pueden llevar a la independencia financiera.

Highlights

El video discute cómo la independencia financiera puede lograrse rápidamente cambiando de residencia dentro de España.

Se aboga por un sistema de pensiones financiado que podría beneficiar a quienes ya invierten.

En España, muchas personas ya tienen independencia financiera sin darse cuenta.

La conciencia de la independencia financiera puede mejorar la calidad de vida de algunas personas.

La vida en las provincias con vivienda más económica y teletrabajo ha mejorado.

La vida en las grandes ciudades se ha vuelto más cara y la calidad de vida ha disminuido.

España se ha diseñado mal, con una concentración de actividad económica en Madrid y Barcelona.

Mudarse a vivir al extranjero es complicado y no es la mejor opción para la mayoría.

Se presentan ejemplos de cómo la independencia financiera puede lograrse cambiando de ciudad en España.

Manuel, con ingresos de 1.500 euros y una cartera de valores de 60.000 euros, podría lograr la independencia financiera en 7-8 años al mudarse a Almería.

Marina, con un apartamento en Barcelona y una cartera de valores de 100.000 euros, podría vivir mejor y sin trabajar si se mudara a una ciudad más pequeña.

Se analizan diferentes escenarios y variantes para Manuel y Marina, cambiando la cartera de valores y la propiedad.

La venta de un vehículo y el cambio de trabajo también pueden ayudar a alcanzar la independencia financiera.

Se hace un análisis de las dividendos y la independencia financiera con respecto a las noticias recientes sobre Endesa.

Se comenta sobre la importancia de las APIs en Telefónica y su potencial impacto en la industria de las telecomunicaciones.

El desarrollo del European hydrogen network y su relevancia para la empresa Enagás.

Eleonor obtiene una ganancia de 600 millones de euros al vender una subsidiaria de renovables, lo que afecta su valoración en el mercado.

Se pide colaboración a los espectadores para compartir el video y participar en las redes sociales.

Transcripts

Hello good morning. We are going to talk about a topic that I think is being used very little, and can change the

lives of many of you in a very short time, or almost immediately. At the end of the video

I will comment on the most important news of recent days about financial independence and

dividends, like every week. On the issue of financial independence, I believe that we must

have 2 approaches, which are complementary. On the one hand, it would be very good to soon move to the

funded system for pensions. It is evident that for people who currently do not save or

invest it would be very good, but what I want to say is that for those of us who already invest that

would also be very good, because it would make our dividends grow faster. Because this will be a

total change in the economy, which will benefit us all. But we cannot sit and wait for

that to happen, we have to do everything possible to improve our individual situation

as quickly as possible, and that is what we are going to talk about in this video. In Spain,

and in many other countries, there are many people who already have financial independence,

but are not aware of it. Some of these people are fine with their current lives,

and it is not too important that they delay the moment when they become aware

that they already have financial independence a little longer. But another part of these people

are unhappy with their lives, and only think about achieving financial independence

in a few years, because they are not aware that they really already have it. Another part of these

people is not very comfortable with their current life, although they are not very unhappy either. But if they were

aware that they already have financial independence, their lives could improve a lot from one

day to the next. This possibility that we are going to discuss today was not possible until a

few years ago. It really was possible, but it was quite complicated to put into practice,

and few people could really do it. Today many people can make it a reality in a very short time.

Some in a matter of days, others perhaps in months, and others in 1 or 2 years. I am referring to changing

residence, within Spain, and we are going to see it by doing real calculations on real data,

so that you can see that some of these cases closely fit the current situation of many

of you. You will see that many of you already have financial independence. Even if you don't use

this possibility, being aware of it will make you see life in a

completely different way. It seems that changing residence within Spain is

the same today as it was 10, 20, or 30 years ago, but that is not the case. This topic has changed a lot more than

most people realize. On the one hand it has changed because in the provinces where housing

is cheaper people live better now than years ago, through the internet and teleworking. And,

on the other hand, it has changed because in the big cities there are many people who live worse and worse.

When decades ago the population began to move from towns to large cities,

the difference was very great. In the towns there was hardly any leisure, there was hardly any work,

and in Madrid or Barcelona you could live a completely different life. But this increase in

population in large cities has made daily commutes increasingly longer,

houses smaller, and life more expensive. The reality is that the quality of life has decreased

greatly in large cities, and is no longer what it was 20 or 30 years ago, for example. 20

or 30 years ago, homes were already much more expensive in Madrid or Barcelona than in the rest of Spain,

but what is happening now is that rooms in Madrid or Barcelona are much

more expensive than homes in other areas of Spain. , and this doesn't make any sense. Spain

has been poorly designed for decades. It had to have been designed as a network, like Switzerland,

and not with Madrid and Barcelona as points where most of the

economic activity has been concentrated. We can't change this, but many people can take advantage of the opportunity

that has been created by this. The saying that crises create opportunities can be applied in

this case, in the sense that all the mistakes that have been made in the past have opened a

very good opportunity, which can be taken advantage of by many people. Going to live abroad is

good, but it is more complicated. For it to be worth going to Andorra you have to have

financial independence already in Madrid or Barcelona. And to go to Switzerland you must already have a very good income,

much higher than what is needed to have financial independence in Spain. So

going to Andorra or Switzerland is fine for those who already have a good net worth or a

very high income and want to pay less taxes, but most people are not in this case. There is also

the possibility of going to live in countries in Asia, Latin America or Africa where life

is much cheaper than in Spain, but this is too big of a life change, and that is why

I believe that this option is not valid for the majority either. from the people. What I want to comment on in

this video is something that many thousands of Spaniards can do to have financial independence now

, or in a few months, with the condition of changing their life a little, and also

going on to have a better life. I am going to give the examples with localities in Spain, but if

you live in other countries in Europe, the US, Australia, etc., you can apply them perfectly to your

country. We are going to see several people in different situations. Some with a little more income,

others with less, in different personal situations, etc., so that at least one of the

cases is very similar to your current situation and you can apply it, if you want.

First we see the case of Manuel. Manuel lives in Madrid in a shared room that

costs him 600 euros a month, and it takes him an hour to get to work. He does not live in the best neighborhood in Madrid,

so when Manuel goes out he does not see the images that everyone has in their heads

when they think of Madrid of Puerta del Sol, the Barrio de Salamanca, etc. Maybe

it seems expensive to you that a room in Madrid costs 600 euros. It seems that way to me too,

but in Madrid they ask for 700 to 800 euros for many rooms. There are also them for

less than 600 euros, but in all the prices that we are going to see in the video I have taken prices

that are more or less average. Neither the most expensive, nor the cheapest. That's why I told you before that

homes in Madrid and Barcelona have always been more expensive than in the rest of Spain, but that the

current situation is absolutely insane, and has nothing to do with what existed 20 years ago,

for example. Because the prices I have given you are for normal and ordinary rooms. The

so-called "coliving" rooms, which have common areas and are modernized,

cost between 1,000 and 2,000 euros per month. 1,000 and 2,000 euros per month to live in a room,

which will never be yours, and in a shared house. A real madness. Manuel believes that this cannot

end well, but now his priority is to improve his personal situation, not the general situation.

So Manuel is one of those who wants to change his life quickly, because he doesn't like

the life he leads at all, and each new day seems very heavy. He already has a stock portfolio

of about 60,000 euros that gives him dividends of 250 euros per month after taxes. It also

has a permanent reserve in fixed income of 10,000 euros. The dividend strategy

is doing very well. The problem is the life he leads in Madrid, paying 600 euros for a room that

is very far from work, and that will never be his. So Manuel has realized the

following. In towns on the coast of Almería there are apartments that are quite good and cost

about 80,000 euros. To make it clearer, I am going to put photos of a real example of Idealista,

because defining a flat as good, average, etc., is quite ambiguous. For this apartment that you see here

they are currently asking for 80,000 euros. As you can see, the views are very good and inside it is ready to

move into. The apartment measures 78 square meters and has 2 bedrooms and 2 bathrooms. The garage is

included, and has a storage room, elevator and air conditioning. It is a flat that is quite

good. This is the apartment that we are going to use as an example, because I already told you that I am going to take

average prices, not extreme prices. In this same town they sell another somewhat larger apartment,

90 square meters and 3 bedrooms, for 62,000 euros. Inside it is very similar to this one,

but it does not have views of the sea, but rather of a normal and ordinary street. And if we look for apartments

similar to these but with 1 bedroom in similar areas, there are some for around 50,000 euros and even

less. So if you are in a tighter situation than Manuel's, you also have

alternatives. Manuel earns 1,500 euros a month. He uses 600 euros to pay for the room,

saves 400 euros and lives with the remaining 500 euros. He lives very austerely, because

living in Madrid is expensive. The transport pass alone costs more than 70 euros. Manuel decides to buy

that apartment for 80,000 euros without making a down payment, and pays 380 euros per month for a 4% mortgage for 30 years.

The usual thing is to enter, but keep in mind that we are using round figures.

If you enter, then the monthly fee that I am going to use in the example decreases. If I had to put down

10% it would be 8,000 euros and I could use the reserve in fixed income, for example. You could also

dedicate savings and dividends for the coming months to the down payment, or in other

cases your parents could lend you that money. So after paying the mortgage and

house expenses, he has 1,050 euros left over from his salary. We have assumed that the monthly housing expenses

are 70 euros. Living in this town in Almería costs him about 300 euros a month,

which is 200 euros less than the 500 it cost him to live in Madrid. The transport pass alone was more

than 70 euros, and food, leisure, etc., is much more expensive in Madrid than in provinces like Almería.

So now Manuel can save 750 euros instead of the 400 euros he could save living

in Madrid. In addition, its cost of living has dropped a lot. In Madrid he spent 1,100 euros to live, and

sleeping in a room that would never be his. In Almería the mortgage, house expenses

and living expenses add up to 750 euros. In other words, the 250 euros that

Manuel receives in dividends are 23% of his expenses in Madrid, and living in a room that will never

be his, but only 33% of the expenses of living in Almería, and in a house that one day it will be yours,

and you will stop paying the mortgage. This other way you can see the difference better. To achieve

financial independence in Madrid Manuel would have to multiply his income by 4.5 times,

and would continue living in a room that would never be his, and to achieve financial independence

in Almería he has to multiply his income by 3 times, and living in an 80-meter house

that is his, and one day he will finish paying for it. Under these conditions, Manuel will reach

financial independence in about 7-8 years, and could already stop working if he wanted to. Of

course, I have taken inflation and taxes into account here. You can do simulations with

the simulator I have at Invertirenbolsa.info. Depending on the data we enter, in some scenarios

we may get a little more time or a little less time. The fact is that Manuel is

much closer to financial independence after having gone to live in Almería. We are now going to make

some small adjustments, to cover other cases similar to Manuel's. If Manuel had

a portfolio of 80,000 euros instead of 60,000 then it would only take about 6 years to achieve

financial independence. And if I had a portfolio of 100,000 euros then it would take about 4 and a

half years to achieve financial independence. We make one more adjustment, assuming that Manuel

wants to become financially independent even faster. For this, we assume that instead of buying

that 80-meter house for 80,000 euros, you buy another similar but smaller house, with 1 bedroom,

which costs you 50,000 euros. In this case, and with the stock portfolio of 100,000 euros, Manuel

would achieve financial independence in less than 3 years. I have put many variants, so that

you can see that you can be very flexible, depending on how much you want to achieve

financial independence sooner or later. Another thing that must be taken into account is that if Manuel had

a car in Madrid and sold it when he went to Almería, it would bring him even closer to financial independence

than in the case of having a transport pass, which is what we have done the calculations with. There are many possibilities for

Manuel to go to work in Almería. One is that the company where he

works in Madrid allows him to telework. Another is that you change to another company where they will let you

telework. Other cases are those of freelancers who already do their work online. And there will even be

people who, to do this, can change their face-to-face work in Madrid for a face-to-face job

in Almería, etc. Now we are going to see the case of Marina, who has an apartment purchased in Barcelona,

​​but has not yet finished paying for it. To do the calculations I am going to make assumptions

very similar to Manuel's, so I am not going to repeat them to speed up the video. Marina bought

her apartment for 200,000 euros 15 years ago, paying a mortgage of 950 euros per month. He made the mortgage

for 30 years and has 15 years left to pay. It is a small apartment, about 50 or 60 square meters.

Marina earns 2,000 euros a month. 1,050 goes towards the mortgage and the expenses of the community of neighbors,

she lives very barely with 500 euros a month, and with the other 450 euros a month she has managed to have a

stock portfolio of 100,000 euros, which gives her about 400 euros per month. month in dividends. In

the centers of the provincial capitals of emptied Spain, such as Lugo, Orense, Jaén,

Huelva, Salamanca, La Rioja, Zamora, Cáceres, etc., the average price of housing is around

1,000 to 1,300 euros per square meter. The Marina apartment now has a price of about 300,000

euros. And you still have half of the mortgage to pay. If you sell the apartment, you return the

100,000 euros that remain on the mortgage and have about 200,000 euros left over. With 100,000 euros you

can buy an apartment of about 90-110 meters in the capital of any of the provinces of

emptied Spain, or many towns in Spain in those provinces and others. So you have

another 100,000 euros left to invest in shares. With this, your stock portfolio will be

about 200,000 euros, and will give you monthly dividends of about 800 euros per month, after

taxes. Remember that Marina spent about 500 euros to live in Barcelona, ​​and with that she lived in

a very austere way. With 500 euros a month in Orense, Huelva or Badajoz, for example, Marina

will live much better. But now you can spend almost double that amount on living,

and your dividends will continue to grow above inflation in the long term.

And you don't have to work anymore. What's more, even if Marina did not have any money invested in shares

when she lived in Barcelona, ​​by making this change of residence that we have seen, she would achieve

financial independence almost immediately, investing in shares for dividends the

100,000 euros that she has left over after finishing paying the mortgage and buy your new home in Orense,

or wherever. In the event that Marina wants to continue working, she does a job with which

she cannot telework, and it turns out that in Orense she only earns 1,000 euros, half as much as in Barcelona,

​​her situation is still infinitely better than when she lived in Barcelona. We could continue seeing

examples ad infinitum, but the important thing is that you see that many of you are in

a situation very similar to what we have seen about Manuel and Marina, with all the variants that

we have seen, and others that occur to you. Many of you who are in this type of situation believe

that you have a few years left to achieve financial independence, but as you see

you can have it very close as happens to Manuel, or immediately as happens to Marina. You have to

change your residence, and that is a life change that has its importance. But more and more people are heard

saying that they really liked living in Madrid or Barcelona, ​​but that they are very happy to

have gone to live in other places in Spain, because their quality of life has improved in every

way. Living in Barcelona, ​​Marina's dividends covered half of the mortgage on

a 50-meter apartment, and living in Orense she has no mortgage, she lives in a 100-meter apartment,

and she can live much better than she did in Barcelona. and without working. Think about it calmly,

because many of you who see your financial independence as somewhat distant can have it

next month, if you want. And living better than you do now and even spending more money

than you do now on living. Let's go with the news about financial independence and

dividends. Endesa has lost an arbitration over a gas contract, and has slightly modified its

dividends. Much has been said that it has lowered them, but it has really modified them. Here you see the

dividends planned so far, and the new ones. The floor planned for 2023 remains at 1 euro.

The one planned for 2024 drops by 0.10 euros, and the one for 2026 is 0.10 euros higher than what was planned

for 2026. The minimum dividend expected for all these years is 1 euro, although remember

that Endesa usually pays dividends above of the planned ground. For example, in 2023 the

floor is 1 euro, but if the results obtained in the first 9 months are maintained, the

2023 dividend will be around 1.40 euros. Another important issue is that Endesa has said that

without the extraordinary tax on electricity companies it would invest 4,000 million euros more in Spain.

This is yet another example of how politicians' greed harms those who have the least.

Sam Altman's dance from OpenAI to Microsoft, and back again is important to comment on.

Because when a company depends so much on one person, it is not suitable for long

-term dividend investing . In this strategy we must look for good businesses, which will change

managers. Companies that rely heavily on one person may be fine for other strategies,

but not for this one. Telefónica is already beginning to sell its APIs in Brazil this November,

and in the first quarter of 2024 it will begin to sell them in Spain. If you don't know what this

API thing is, I discuss it in this video that I recently made about Telefónica and that I leave you here. This

can be important for all telcos in the world, so we have to follow it. The European hydrogen network

has begun to be built. The first section will be built by the company equivalent

to Enagás from the Netherlands. This is going to be a very important business for the future of Enagás,

and it is already beginning to become a reality. Elecnor has had a capital gain of 600 million euros when selling

its renewable subsidiary. These 600 million euros are 70% of the capitalization that

Elecnor had recently, when it was at 10 euros and we commented in the Forum that it was very

cheap. Now it is trading at 18 euros. If you help me by sharing this video, giving it a "like"

and everything else, I really appreciate it. I say goodbye until the next video and we continue

seeing each other in the Invertirenbolsa.info Forum, Twitter, TikTok, Instagram and Facebook.