/biz/ - Business & Finance

>>26109016
yeah that's a good plan OP

maybe consider diversifying your S&P ETF ($SPY) by also buying the NASDAQ ($QQQ) and Dow Jones ($DJI) ETFs

>>18295882

Based.

fuck zoomers. Go cum over some e thots bunch of pussies

>>15492496
>>15492683
the most you can gamble on any one prediction market is $850, so it might be up your alley w.r.t. making small investments for fun

>>15239698
counting cards has razor-thin margins these days. They shuffle the decks halfway through to deter card-counting.

I'm a buy-and-hold BTC anon like you criticize, but I've also got a gambling account on PredictIt. I've made over $10k in profit.

Besides that I invest in dividend stocks like a true 30-year-old boomer. BTC, dividend stocks, and a small gambling account is the path to long-term wealth. Zoomer anons should take note.

>>13721101

>>13450973
OP, follow my instructions because they'll change your life:
>create an account on mint.com
>link your bank account, credit card account(s), any loans/leases you have, any investment accounts
>set your credit card to automatically pay the full statement balance every month
>every day, log in to Mint and check whether you have more money in your checking account than debt payments
>decrease your spending and increase your earnings until you always have more money in your checking account than debt payments
>congrats you are a financial boomer

Ever since last year's Trump tax cuts, dividend stocks (and particularly REITs) have been tax inefficient compared to stocks that do buy-backs.

The advantage of REITs is that they don't have to pay corporate income tax on their profits, because the shareholders pay income tax on the dividends, and the government doesn't want to double-tax the corporate profits.
Before the tax cuts, this meant that REITs avoided paying ~30% corporate income tax on their profits, and the shareholders would pay ~25% income taxes on the profits distributed as dividends, meaning that the REIT tax structure would save ~5% of the profits from being taxed away.
But now that the corporate income tax is ~18%, REITs are hugely tax inefficient and wind up costing you an additional ~7% of company profit compared to if the company wasn't a REIT.

Moving past REITs to discuss normal dividend stocks, which pay the ~18% corporate income tax on profits before deciding whether to distribute what's left as dividends or stock buybacks.
They're still tax inefficient, because dividends are taxed as income (~25%), whereas stock buy-backs are taxed as capital gains (15~20%).

So basically the only argument left for buying dividend stocks instead of stocks that do share buybacks is the belief that dividend-paying stocks will behave differently in a way that creates more long-term value for shareholders.
This may or may not actually be true.

At any rate, if you are going to buy dividend stocks, be sure to only do so in retirement accounts (401k, Roth 401k, IRA, Roth IRA) because then you don't have to pay income tax on the dividends.
Putting a lot of dividend stocks in your taxable account is probably not worth it in the long run unless congress changes the tax laws to treat dividends and stock buybacks more equally.
There's actually a buyback tax proposal floating around Congress that Marco Rubio introduced which may do exactly that; stay tuned.

>>12270489
I don't know about any of the other replies but I can say this: it makes zero sense that you're putting money in a 2% savings account while you have student loans at 8% interest.

Every dollar you use to pay down your loan is a guaranteed 8% return. Choosing to put that money into a 2% APY savings account makes no sense.

https://www.youtube.com/watch?v=llyiQ4I-mcQ

>>10978822
i'm gonna give you some boomer tier advice rather than indulge your self pity. you are not going to spontaneously make it, so you have 2 choices; accept it and do things to improve your situation gradually, or give up and off yourself/be depressed for the rest of your life.
the first option is better than the second. gl

>>10604555
trips of truth?
>>10604577
** >>>/adv/
also when He took a fat L biz is on suicide watch
>>10604604
this
no one would want to live knowing it is easier dead
the fact of the matter is suffering only exist to make joy, joy
>>10604487
my advice to you would be to go to you local Tommy Bahama get you a really nice pair of pants and shirt
head on down to you local jimmy buffet and take it easy for a bit
it's time to dive deep into thoughts let the sun soak up into your pores as you hear the crashing of the waves in the distance and just exist my man
also remember to crack open an ice cold Monster Energy™ Zero Ultra

>>10487070
turn his 10k into 12k and give him back 12k

>>10390585

>>10373780
The only chart that matters is pic related