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#14056 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $631900
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Quote:
You are still taking on inherent downside risk while limiting the upside you could be getting on a major move up like NVDA has shown. It just makes little sense. Using the "dividend" as free money argument is so misleading when capital (share price) continues to decline with downside moves. I think if you time an entry well you could do well for 6-12 months, but then I would move on. If you had picked TSLY last year, you'd have been ****ed. |
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Posts: 46,016
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#14057 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $631900
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SPYI QQQY FEPI are ones you should maybe consider. Not one specifically for NVDA as the underlying and such.
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Posts: 46,016
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#14058 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $440477
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Quote:
Nope, I've run those, Yes they are considered safe but they will take forever to build anything. What people can't understand and it IS difficult to see with simple calculation is that when you throw a moderate sum of money at the right ones you have to realize that every time you reinvest dividends you're now getting dividends off of dividends and the next month you're getting dividends off your original investment and dividends off your last months dividends and then dividend off your current dividends. It creates a snowball that becomes massive quickly. I've run all the numbers through spreadsheets to see how it develops. I took a set of funds that pay week 1 and reinvested those into funds that pay week two , then week two into week 3 , then week 3 into week 4 and then week 4 into week one and it gave me this: In June of 2024 monthly dividend starting with I believe it was a $17,000 investment was a $1,300 pay out, by december it was a $1638 monthly pay out December of 2025 $3200 December of 2026 $5500 December of 2027 $9650 December of 2030 $54,000 December of 2032 $174,000 December of 2034 $546,000 December of 2035 $975,000 Taxes were not figured in accordingly so take that into consideration, it's just to illustrate the snowball created by dividend reinvestment. People can't see that . There are people in the High Yield community achieving close to 1 Million a month right now. That's why I want to really kick my snowball into high gear here real soon. |
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Posts: 40,721
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#14059 |
Veteran
Join Date: Jan 2005
Location: SLC, UT
Casino cash: $8535460
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Do any have a track record longer than 18 months?
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Posts: 1,782
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#14060 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $440477
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The High Yield funds just kicked off the end of 2022
There's a ton more coming out in August Last edited by Hog's Gone Fishin; 07-12-2024 at 10:00 AM.. |
Posts: 40,721
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#14061 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $440477
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Mike just put out a video on these, he's spot on
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Posts: 40,721
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#14062 |
Veteran
Join Date: Jan 2005
Location: SLC, UT
Casino cash: $8535460
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Yeah I can’t watch this ****ing guy.
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Posts: 1,782
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#14063 |
(Sir/Yes Sir/Aye Aye Sir)
Join Date: Oct 2009
Location: Diving
Casino cash: $2615380
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Well today was not a winning day for the market, ouch.. Sheesh!
__________________
. #J24 #Kameltoe Is A Joke Of A VPOTUS and POTUS Candidate #President Trump loves and supports the constitution #McCarthy is a Sellout and Traitor to America #TheFBLieIsCorrupt #DefundTheFBI #The FBI Is Not The Police #PresidentBidenIsMoronic #LizCheneyGotTheBoot #FJB #80,000,000 Mules (and a few Americans too) Voted For COVID To Continue #I still don't have COVID |
Posts: 118,129
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#14064 |
Starter
Join Date: Aug 2019
Casino cash: $2455671
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Brutal and it had been going so well.
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Posts: 505
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#14065 |
TACO SALAD
Join Date: Apr 2008
Location: yes
Casino cash: $508468
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S&P finished down 2+%. That broke a really long steak. I know it was over a year since we'd had a day down 2%.
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Posts: 6,053
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#14066 |
▓▓▒▒▒▒▒▒▒▒▒▒▒▒▓▓
Join Date: Jan 2009
Casino cash: $1195743
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At this point I feel like I'm holding TSLA just because doing taxes on stock sales is really ****ing annoying to me even though it's simple (even though the auto filler literally never works).
I even find myself laughing at hardcore TSLA holders when stupid shit happens with Elon/Tesla updates even though I'm a holder myself. What a situation I find myself in. |
Posts: 64,060
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#14067 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $631900
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Just giving us a dip to rip!!!!
__________________
2024 Royals game thread record 3-0 |
Posts: 46,016
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#14068 |
Cheat Death
Join Date: Nov 2007
Location: Land of Drincoln
Casino cash: $998244
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Loading up on dividend stocks
Free money |
Posts: 34,766
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#14069 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $440477
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Posts: 40,721
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#14070 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $631900
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Blood ****ing bath.
__________________
2024 Royals game thread record 3-0 |
Posts: 46,016
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