/biz/ - Business & Finance

All in Phillip Morris stock. In dividends alone you'll get $6500 a year.

>>23063192
That's actually not a bad idea - I've sort of been looking at the high dividend stuff, tax issues aside

>>23063192
Lmao don't do this. I am invested in pM but if Dems get in charge they could unironically ban cigarettes or some shit. Definitely a risky investment.

I would just wait for the Biden stock market collapse in mid November and then dump all the money you won't need anytime soon into SPY w/ dividends reinvested. You won't become a billionaire but you will have a million in 15 years guaranteed.

>>23063231
Why SPY over something like VTSAX or even VFIAX?

All in BTC

>>23063231
So this was my other question too.

I have a feeling we're going to go Biden , and if that's the case are you guys thinking that it's going to be down hill for a few months? I'm not terribly interested in timing the market, but it's not like one or two months for a 10 or 15% total Market loss to scoop up in is not worth waiting for...

>>23063231
95% of PM's revenue comes from outside the US. Nicotine use continues to grow world wide and they are also well vested in biopharmaceutical supply. They are, in a sense, more powerful than many governments around the world. They face very little regulatory risk in that sense.

MO (Altria) is their US centered company. They're the ones who face risk if smoking bans become more wide spread in the US.

>>23063177
Put it all into crypto and lose it. We need new blood.
Fuckin' bitch...

>>23063228
https://www.reddit.com/r/investing/comments/as2x8d/buying_tobacco_stocks_30_years_ago_would_beat/

Also PM is one of the best managed companies in the world.

>>23063439
>source: reddit
What the fuck is wrong with you, faggot?

>>23063456
I'm a debtor both to Greeks and Barbarians.

>>23063399
Fuck you bitch

>>23063228
I'm in a similar boat. I'm going to DCA into high yield, but reliable dividend yielding stocks. Check out XOM, CVX, ARI, T, ABBV, FRT, BEN, CAH, and PBCT. A lot of these are still down from the crash in March, but that's why the yields are so high.

>>23063192
>$6500 a year.
At that rate he might as well earn 6.35% on m-assets while farming Dmg

>>23063177
You should shove it up your fucking ass.

>>23063366
but nicotine is bad

>>23063192
Wow....a WHOPPING 6.5K a YEAR!!! Just retire OP!

Fucking boomer tier mentality over here. Thats literally not even going to change the quality of toilet paper he purchases.

>>23063734
>nicotine bad

>>23063766

>being this salty over solid advice

>>23063766
6.5% not even including growth of the value of the stock isn't bad at all. better than any savings account.

>>23063844
It's not solid advice at all, its literally a waste of the money. At least if he is going to invest it, it should be something with much higher returns. He is probably better off just putting that money to good use, trying to start some kind of side hustle.

>>23063866
Maybe you are right, dubs confirm

>>23063559
nice selection anon! How'd you find those/why are you confident about them?

>>23063815
considering we are dividend investing in a cancer sticks company, this is about as boomer as it gets

>>23063872
6.5% isn't bad returns. And he doesn't have to dump all 100k to see nice gains.

There is only one answer

>>23063559
>XOM, CVX, ARI, T, ABBV, FRT, BEN, CAH, and PBCT.
none are as good as PM, MO or UVV.

Reminder to only use retirement designations if you plan on filing for social security disability. Otherwise pointless and holds your money hostage until you're 59 and 1/2. Face it, by the time you're that old, it will have been extended another decade.

>>23063921
This right here op, the quickest way to turn your $100k into $10 so you could buy that mcmansion happy meal toy

>>23063177
your "safest" bet is to probably to do something like this:
https://www.bogleheads.org/forum/viewtopic.php?t=272007
with TQQQ instead of UPRO

>>23063177
i'm not a financial advisor, but anyway brooskie if I were you and wanted a mcmansion this is what I would do

20k in stocks, pick good ones
20k in crypto, again pick good ones

These are your best options for now, it's corona season so attempting to open a small business won't be easy or profitable right now unless you can think of something you can make profitable in the event of another lockdown.

Delivery food places will probably make more than restaurants. Gas stations or little quickie stops could be profitable so long as there isn't any immediate superchains like a Speedway or a B&P around, but Indians have a huge market advantage in quickie stop businesses then White people such as yourself.

>>23063923
XOM, LYB, MA, PFG, UVV
Best combo, prove me wrong

>>23063177
Being all in fiat is a massive mistake should have been all in LINK.
>I'm gonna get a mcmansion with $100k
Just lol at your life, $100k isn't even enough to get me out of bed in the morning. It's not going to change your life because even at 10% reinvesting the entirety of it you won't be able to retire and get a mansion until you're 60 at which point that mansion will cost Billions and you'll still be in the same house you're in now retard.

>>23064786
This is good, pick some awesome stock that just grows and pick crypto so you don't feel FUD when they eventually skyrocket.
Laundromats/real estate is probably the best with your other bit of money and you can flip houses with that cash. Renovate them, put some work into them and rent them out. Or just sell them. You don't need to do much other than paint and tile a bathroom. I'm sure you can figure that out.

>>23063866
>not even including stock value growth
Sometimes they go down retard. and 6.5% is shit, you can get higher than that holding fucking DAI lmfao.

You could attempt to make your own low budget video game or movie if you're creative and don't want to play the market casino or build a business.

>>23063177
Desire Finance dude
No contest
https://youtu.be/Enhr6eed_Hc
https://blockonomi.com/desire-defi-launcher/

>>23064856
Laundromats depends on the area
but real estate could probably be really good.

If he has credit, he could get a loan for a medium tier house and then put 100k into it fixing it up and then flip for profit. Or take a few shitters around 20-50k, and put some work into it and flip; or make passive income via rent money.

>>23064904
Shitters are the go. I'm looking into buy a few for myself. Helps my parents do it for money but there are plenty of resources if you want to start for yourself >>23063177
Pick a spot just outside of a main city. Cities grow.

>>23063177
I'm not sure what you should do, but I made 150k in shitcoins and put it all into BTC about 3 weeks ago. Wish me luck assholes.

>>23063177
If you have a decent job that's 20+% down on a good home. And in a lot of cases you can end up being cheaper than rent. Most of your monthly payments also give you equity on the home which you get back or transfer if you sell or move to another house.
Once you build enough equity on home 1 you can use it to get your mcmansion, and if done properly you won't suffer taxes moving that $100k+ you had in home 1.

>mcmansion money

yes fren dont try to grow it to fuck you money, too risky. best use it all as a down payment so you can continue servitude indefinitely

don't invest in cigarrets. that's bad

>>23065449
>don't invest in cigarrets. that's bad

>>23065421
How would he grow it to fuck you money?

High dividend yields are a meme. You will lose money, if not due to massive price depreciation, due to relative stagnation after factoring back in dividends and steady depreciation vs inflation. Buy some SPY or QQQ on a dip and sell calls on those motherfuckers. Or just sell OTM puts. 15-30% a year easy, and it's fucking super low risk compared to what you are already considering.

>>23063898
Most of them because they were "Dividend Aristocrats". Companies whose dividends have grown for 25 years or more. Also because their prices haven't recovered from much from March, so it doesn't seem so overpriced.

>>23065500
Except tobacco stocks are an exception and have seen phenomenal growth on their own. See >>23063439

First thing I'm doing tomorrow is buying $10,000 worth of PM shares at open.

>>23063177
Put in blockfi and make monthly interest. Would be a decent passive income stream in stablecoins

>>23063231
>dems will ban cigarettes
this will never happen, 20% of fag adults smoke
over the ~17% average
too many people smoke

>>23063177
DIA (the only decent competing oracle to LINK)

>>23065548
Didnt your fucking president raise the smoking age to 21?

>>23065500
Fuck, is that how selling (to open) calls and puts works? If you sell an otm put are you basically betting that it will go further otm? And if you sell an otm call are you betting it goes further otm?

>>23063177
look at the two giga chads sitting on the table opposite you, each with their fit white gf sitting next to them enjoying lunch together not a care in the world knowing that pretty soon they will go home and fuck for the rest of the day, an then the two virgins are looking at the camera and we are talking about how you can invest your measly 100k inheritance money, lets face it anon it doesnt matter where you put that money you will never get what that couple sitting over there has

>>23065605
Potentially yes, that is one of the scenarios. When selling covered premium it's more a case of "I'm definitely willing to accept this price, although I doubt it will land there", and getting paid to be right most of the time, otherwise landing an advantageous entry/exit point and still keeping the premium, then buying/selling back later once the stock reverts back to mean trendline. This strategy only really works on stocks that are consistenly trending upward, hence why I suggest SPY or QQQ for simplicity, although it could be done on certain components within the respective indices.

>>23063177
Howed you get 100k in cash friend?
>t.broke father

1/3 vtv
1/3 vti
1/3 vxus
this will get you 2.5% dividend and a lot of price appreciation. stagger your buys over the next 2 months, try to be all in sometime in november. i predict the market sells off some in october, and goes up in november. which sectors go up will be determined by the election. you are too dumb to pick stocks but when you do, look for industry leaders with A or better credit rating with high return on assets. don't pick stocks, go with those 3 vanguard funds in that amount.

>>23063177
Put it in either a Fidelity or Vanguard index fund. 80% total stock market, 20% international. You'll do far better than most of the dumbasses on this site.

>>23066178
Military Officer

>>23067183
Yeah I'm thinking I'm gonna go with VIFAX

>>23067245
Dividends are taxed advantaged if you own it in specific stocks as opposed to indexes.

>>23063296
How do so many people think Biden will win? No one likes him, he's so obviously a total snake and demented to boot. And his vp is even worse.

After what's happened this year Blumpf has lost exactly 0 voters. Biden's only chance is fraud

>>23067416
Demoralization from 4 years of corporate media telling everyone trump is bad and the democrats doing voter fraud in various states. Check out Project Veritas.

There is also an extreme influx of Shareblue and redditors here lately and will be until the election is over unfortunately.

>>23067416
Even if biden wins the election, he still won't be president. Trump doesn't believe in the peaceful transition of power spook and simply will refuse to vacate his office. Trump has the military and half the country on his side. He can easily stick it out another 4 or 8 years.