I have been browsing ET for about 8 months now and I finally made an account. I am a senior in college studying engineering. After I graduate I have a job lined up that will pay a starting salary of about $60,000 a year. From various internships and part-time jobs I will graduate with about $10000 saved up. I have always been interested in trading to supplement my income. However, from spending a considerable amount of time on ET, I have gotten the impression that making money this way requires a lot of time and dedication. So a few days ago I was wondering if I could make much money from buying dividend stocks. I made a model to try to calculate this on excel (which I have attached). I used a stock screener to find 10 stocks that have high dividends and look fairly stable (aren't about to drastically reduce their dividends). 10 seemed like about the right amount because it would allow me to remain fairly diversified while still being able to keep a close eye on them. So I assumed a starting amount of $10000 and that I would invest $20000 a year, or $5000 a quarter, which won't be too hard because I will be living by myself and won't have a whole lot of expenses. I set up the model so that the money is evenly distributed between the 10 stocks and the dividends are reinvested in the stocks. I did not take into account changes in stock price or taxes, which is probably a large source of error. After I had this all set up I calculated out 50 years and found that by the end I would be worth over $300 million. This was quite shocking to me so I double checked everything but it all seemed right. So my question for you guys is what am I doing wrong? My model at this point is still very rudimentary and I am sure that there are many things that I can still improve. However, if I could make even a fraction of this by using this strategy it seems like it would be worth it for the simplicity. Thanks for your help!