/biz/ - Business & Finance

Dividend investing is a Safe and Effective ™ strategy for passive income to substitute and eventually replace a salary for financial independence, free from wage slavery.

The critiques have so far brought nothing of substances in their attempt to dissuade Investors. On the contrary they want you to sell your income generating assets for cash if you "need" and to lose out on the compounding effect.

Want to to eat the cake, keep it and receive more? Explore dividend investing today and learn more.

>>56720292
Do you regard staking crypto as a form of dividend investing? Why or why not?
I am thinking of going all-in on dividend stocks when I finish paying off my house. What are the best options these days?

>>56720292
>On the contrary they want you to sell your income generating assets for cash if you "need" and to lose out on the compounding effect.
Selling 3% of a fund that makes no distributions loses the same compounding as taking a 3% cash dividend and not reinvesting it.
Except you might also be taxed on the dividend when it's distributed.

What are we buying today? I think I’m sitting on the sidelines. Not buying anymore Microsoft until it dumps a few %.

Dividends are irrelevant in an idealized market — one with no mispricings that you can reliably exploit, no taxes, no transaction costs:
https://www.youtube.com/watch?v=f5j9v9dfinQ

>The researchers are wrong
That's very unlikely. If you proved that Miller and Modigliani's famous research on dividends was wrong on its own terms, you'd quickly become a celebrated intellectual.

>But there are mispricings I can reliably exploit
Then trade or do factor investing. Don't worry about dividends per se.

>But dividends prove that the company is making genuine profits, that its management actually works for the shareholders' benefit, etc. etc.
Every investor can see that. That's just a special case of "but there are mispricings I can reliably exploit."

>But some stocks have steady dividends, whereas the price at which I can sell shares fluctuates and is sometimes very low
Every investor can see that. That's just a special case of "but there are mispricings I can reliably exploit."

>But tax treatment of dividends is significant for me
Fair enough. Seek or avoid dividends based on your tax situation (but as little as possible, because it's valuable for your portfolio to be broadly diversified).

>But transaction costs are high for this stock (for example, it's not publicly traded)
Fair enough. Dividend policy might matter in your case.

>But pushing the "sell" button is so much work
No it's not. If you can handle buying securities, transferring money to and from your bank account, and reading an investing forum, then you can handle periodically selling shares.

>But I just like dividends
That's fine. But some people reading this thread want to maximize their investment returns and would benefit from knowing about the science.

>>56720912
You already lost

>>56720486
Not buying anything today b/c I only get paid once a month.

But since September, I've gone from zero to $7200 in my div portfolio, mostly in SCHD and DGRO. I've got some VYM and O, and I'm looking to maybe pick up some MAIN next paycheck.

I might stick my O in my IRA next year to shelter from the taxes. Once I hit ~$10k in ETFs, I'll start picking out individual stocks.

>>56720216
I do this and it's great.

>>56721003
Check out AMT

>>56720912
>Dividends are irrelevant in this theoretical scenario that can never exist in real life

Im getting back into stonks and want to go dividend heavy. Thinking 50% portfolio in divvy stocks paying 9-10% and 40% in growth etfs and the last 5% in BTC and 5% for trading and shit. Ill rebalance any gains into the dividends

>>56721260
AMT has been on my watch list but I'm a little concerned about going too heavy on REITs due to the tax implications.

But AMT seems safe AF - nobody is going to be not using cell towers anytime soon.

>>56722143
True. I don’t worry about taxes because my divvy port is my Roth IRA

>>56720216
If I need to make 17,000 dollars a year what divvi stocks should I invest in to make that? I only have give or take 20 k to invest in

>>56720912
>in an idealized market
Lol, lmao

>Then trade or do factor investing
Trade is not reliable, no one can time the market and people are susceptible to emotions like fear and greed. If you can be a successful and disciplined trader, good for you.
Factors are part of any sensible portfolio. You're arguing from a dishonest premise that dividend investors only chase yield and thus fall for value traps. However it is an important subject new investors need to learn about.

>mispricings I can reliably exploit
Irrelevant for dividend investing if you reinvest dividends with the goal to steadily increase position to receive more dividends. Buying cheap is always nice.

>>56722158
I've got a pretty good chunk of money in my Roth and I max it out every year. My divvy portfolio is in a second account. I also have a fundrise account - between fundrise and the REITs, I think I'm a little overexposed to real estate.

>put REIT in HSA
>no taxes on dividends
>sell to cash when need cash no taxes
>spend said cash on healthcare expenses when needed

Its like free money

>>56722387
You’ll make it. I agree about overexposure. My REIT exposure is limited to O and AMT

>>56720310
I'm only vaguely familiar with staking so I can't speak on that.

>What are the best options these days?
Depends a bit on your situation, age and what your goals are. Safety and risk tolerance. Growing the portfolio for the future or for income now? The latter obviously require a lot of capital to be invested.

>>56722270
>You're arguing from a dishonest premise that dividend investors only chase yield
No. What gave you that impression?

The argument is that dividends are only worth worrying about in particular situations. Avoiding dividend stocks is just as bad as preferring dividend stocks.

>>56720912
>But some people reading this thread want to maximize their investment returns and would benefit from knowing about the science
isn't the point of dividend irrelevance the fact that it's just not better than non-dividend paying companies? at least it generates cash flow and you don't have to sell. there's no point in growth stocks if its just number-on-screen-go-up. you're going to have to sell at one point to see any utility of your investment.

>>56720216
Buying TFLO waiting for the great dump next year. anything better than TFLO?

>>56723567
>there's no point in growth stocks if its just number-on-screen-go-up. you're going to have to sell at one point to see any utility of your investment.
Most investors use "growth stock" to mean stocks of companies focused on growth, regardless of their dividend policies. Many growth stocks pay dividends. But I realize you mean non-dividend-paying stocks.

There are ways to get cash from non-dividend-paying stocks without selling:
>The stock might start paying dividends (or spin off a dividend-paying company or similar) if the business matures.
>The company might liquidate the shareholders, e.g. upon getting acquired or going out of business.
>You can borrow money using your non-dividend-paying stock as collateral.
But yes, the most obvious way to get cash is to sell some of your shares. These days, selling shares tends to be extremely cheap and easy, so if you need cash there's no reason to avoid it.

>>56724151
>stock *might* do something

With a dividend, you know what's going to happen and can plan around the occurrence.

>>56724293
That's false. Dividends are always discretionary. Dividend policies can and do change.

>>56724376
You're being pedantic. A dividend paying stock meets the standard of paying a dividend, and thus can be depended on to do so. However, dividend stocks used for consistent income are taken to be stocks with a stable history of dividend payments. Companies like JnJ realize they need to pay their dividend or their stock will lose value, making reductions of dividends a sign of a company in distress.

When a company decides to do a one-off out of the blue, it is not something that can be depended on or planned around.

Case in point: the single dividend that Berkshire Hathaway paid is a one-off event that cannot be counted on in future planning. Nobody would call Berkshire a dividend company despite the fact that they have paid a dividend. Contrast that with Realty Income, who has paid a monthly dividend on the same day every month for over 25 years, which can be planned around and accounted for.

>>56724953
>You're being pedantic.
No. The fact that dividends are discretionary and uncertain is crucial for anyone who "plans around the occurrence," as you put it.

You're right that, based on fundamental analysis, some stocks have a high probability of consistent future dividend payments. JNJ looks like a good example.

But the dividend shouldn't be relevant to most retail investors. Expected cash flow is important, but if Johnson & Johnson returned that cash entirely via buybacks, that would be fine too. There are some exceptions to this, like if the investor is optimizing for a specific tax situation or psychological flaw.

>>56725611
The point is dividends are more reliable. That’s only true if you’re investing in the right companies but that information is extremely easy to find. I could confidently say that every single position in my dividend portfolio will raise their dividend next year

>>56725611
Now you're just being stupid, lol.

>>56726121
>dividends are more reliable
They're quite reliable for some stocks and not for others. Remember that any benefit a stock would grant to a portfolio -- such as reliability -- will cost you: on average, you'll pay a higher price when you buy.

>>56727062
>They're quite reliable for some stocks and not for others
That’s why I said the bit about knowing which reliable stocks to buy and commented on how easy it is to find that information. No guesswork involved

>>56727214
>No guesswork involved
Indeed. No guesswork for other investors either, so the price will reflect that fact.

>>56727295
Yes. That’s what makes buying in a downturn so good and why dividend investors love market downturns. This is in sharp contrast to growth investors who lose a ton of value in down markets

I don't have anything against dividend investing per se, but I think there are better options if you are young and investing for the long haul. The dividend payout is taxed, of course, whether you reinvest it or not. Not such a big deal in an up or flat market. But it can be a bit annoying when the market is down 20% and you get taxed on the dividend. A young person investing a pittance in dividend stocks doesn't make much sense to me because the payout is really small. On the other hand, dividends are great if you have a lot of money invested (generally older people) and treat it like an annuity. I'm middle aged and have some low dividend paying stocks which pay out a few thousand dollars a year on like 450k invested. Nothing to sneeze at, but not much money at the end of the day. The one thing I do love about dividends is reinvesting them. It is psychologically satisfying to see the number of shares I own go up over time, even if it sacrifices some stock price growth along the way.

We've had zero total returns on S&P 500 over the past 2 years

CPI is up by 10% over that time period

S&P 500 annual dividends are up by 17% over that time period

>>56720216
DRIP is a meme for boomer-tier investing.

>>56720216
When I was a lot younger I would watch all kinds of gore videos, cartel videos, etc. Now I go to a doctor and have to look away when they stick the needle in my arm to take blood. I've become weak in my old age.

>>56720310
>stake in crypto exchange #500
>surely this one won't go belly up and I'll lose everything

>>56720912
>good dividends are not a predictor of future returns
No fucking shit. What kind of retard buys a dividend stock hoping it will go up? You want it to mostly crab and spit out dividends over the long term

>>56722432
Our company just had the sign ups for benefits including HSA. I never used it cause I never go to the doctor. Now I'm finding out you can invest the money and take it out? WTF

thoughts on MO? it's the only divvy stock I want

>>56727597
>You want it to mostly crab and spit out dividends over the long term
Yeah, those kinds of stocks can be great. The other extreme -- the kind of stock that never pays dividends but gets increasingly valuable over time -- can also be great.

From the moment I understood the weakness of my unleveraged equities, it disgusted me. I craved the gains and certainty of leverage. I aspired to the purity of the 3x Bull ETF. Your kind cling to your dividends, as though they will not decay and fail you. One day the crude index you call the Shit and Piss 500 will wither, and you will beg my kind to save you. But I am already saved, for the Leverage is immortal… Even in death I serve the Neon Greenissiah.

What are we thinking about royalty income funds ? The ones I see do monthly distributions like REITs

>>56720310
Crypto staking is more like being an investment bank lending shares to other market participants for a fee. JPM's equities arm makes most of their money on share lending. Cash dividends are payment for performance of a company. You could rig something up easily enough with smart contracts for tokenized ownership of a company but that's a ways off legally.

>>56724376
True. But if they reduce their dividend payouts or eliminate their dividend payouts entirely many people will lose confidence in the stock and sell their shares which will hurt the companies share value. After all "if they wont pay me dividends anymore then they must be in trouble as a company and I should sell my shares while I'm ahead."

So while dividends are indeed discretionary, at the end of the day most companies are reluctant to screw over their shareholders by modifying their dividend payout amounts or frequency, because ultimately the shareholder has a lot of power over such decisions through the way in which they respond to said decisions. If anything companies are motivated to INCREASE their dividend payouts whenever possible to increase investor confidence in their company and lure more money in.

>tldr version: I wouldnt worry about it.

I've got my eyes on some good divvie stocks now, mix of real estate, consumer, and defense. I finally have enough wage income that "just yeet it all at crypto and pray" is no longer optimal investing. Good thread, OP.

>>56727772
MO is Fed chair approved:
Bernanke’s single stock is Altria, the old Philip Morris. This stock has performed well, beating the S&P 500 for many years. Why Bernanke owns a cigarette stock and what it means, however, are mysteries.

>>56720216
Nice thread you got here, but did you know that dividends are irrelevant? Let Ben Felix, someone way smarter than anyone posting in this thread, BTFO this general.

https://www.youtube.com/watch?v=4iNOtVtNKuU

>>56729162
His thesis is... that focusing on dividends is suboptimal if you plan on selling shares later. Duh? The point of dividend investing is to hold forever and sell only if you stop getting paid. He handwaves right over this with arguing dividend payments and capital gains are the same thing but they're clearly not considered the same by the IRS and pay out differently (one off with a buy back in cost vs. recurring income).

>>56720216
SCHD is a kinda wide market, seen as safe, dividend paying, long term investment that will grow. This is good. But, it pays quarterly.
Is there a ETF that is basically the same thing as SCHD but happens to pay monthly? I've been looking into it and found DGRW, with the downside that it has high fees.
Anyone know of what I mean?

>>56729352
SPHD but it does not grow so fast.
also check out DIVO, it uses call options to generate more yield.
or JEPI but there is a significant capital erosion risk there

Bats
Imb
Mo
Uvv
T
Bdn
Intc
Eni
Tte
Nok
Vow
Bmw
At1
Vna
Ko
PG
Jnj
Pfe
GSK

What to add bros?

>>56729162
I really hope nobody in this general actually thinks dividends create more total returns out of magic fairy dust. But being irrelevant to total return doesn't make them actually irrelevant in practice. They're useful for a bunch of fringe reasons like investing psychology, cash flow, volatility, etc.

For example, PBR is printing money. Despite 5Y growth of +21% it still trades at 4 p/e. A growth strategy of waiting for price appreciation would never work, but thanks to its aggressive distribution policy I can harvest the expected 25% return with dividends. This is true for a lot of foreign stocks because foreign stocks tend to have depressed valuations.

As another example, qualified dividends are taxed at long term capital gains after only 61 or 91 holding days whereas long term capital gains from sale of the asset require year+1 holding days. So there is a window of time in which dividend income is taxed more favorably than capital gains would be if your play happens to line up with that time horizon.

Ignoring edges that actually exist in real life plays because muh dividend irrelevance is a brainlet idea.

Divvy noob. Should I just toss the 20k I have in savings at JEPI or something similar? Feels like a massive waste with it sitting there only getting 0.25%

>>56727597
Me, with WMT
They have shit dividends and do buybacks

>>56729456
>toss the 20k I have in savings at JEPI or something similar?
Do a ladder with bonds, held until maturity. Do a 1, 2, and 3 year. You can probably get 4.50 to 5.50% at the risk free rate. Then you still have leftovers to put into whatever company or etf you want.

>>56729416
If you think there's any future in oil then for the next couple years PBR.A is probably still a good value even at current 52 week high.

The preferred shares are better than the common because the Brazilian government holds majority voting rights anyway, so you're giving away useless voting rights for an 8% discount. The gap will probably close soon because they have a share buyback program on the preferred shares running right now. Brazil has a foreign tax on distributions so be sure to claim that exemption on your taxes if you can.

Also T sucks dick. +0% total return since 2015, you can do a lot better. Cut that loser and get in something else. (Not VZ, it also sucks dick but even worse.)

>>56724376
Yes, there are things one should be aware of when Investing. Dividend cuts can come out of the blue, but is rare for reputable companies and the warning signs is often seen early enough to do something about it. They're also more likely to keep the dividend the same or a minor cut than completely cut it.

One should reasonably not be too dependable on one stock either in case they cut the dividend. This can be mitigated with a large diversified portfolio
so that you're not too heavy in one stock or by keeping a small concentrated one with companies you know, trust and follow regularly.

Good morning kings

Stop spamming a superior thread with your page 7 thread, niggers

>>56731801
/dig/ is the superior general. Memes aren’t investing

>>56720216
Divvyz r Kamphy

I got my first shares of O today.

>>56731889
Based

Page 9? Fuck no

>>56734168
CZ going to jail... multiple threads

>>56731809
>superior general
>only 2 non-OP people posted since I posted
>had to spam it again in /smg/
kys nigger

>>56734168
give up retard

>>56734248
Slow and steady, just the way we like it

Do not sleep on low initial yield but high dividend growth companies like v, MSFT, and Costco. Always remember the rule of 72

Which major restaurants serve which brand. PEP bros never fear, we have the Frito lay company

REMINDER: Dividends are irrelevant. If you want a return on your investment, sell some shares.

>>56734780
It's true. Dividends are irrelevant:
>https://www.jstor.org/stable/2351143
Above is the original paper, and below is a summary that is likely more your speed:
>https://www.investopedia.com/terms/d/dividendirrelevance.asp
Here's a good video explaining the concept as well:
>https://www.youtube.com/watch?v=f5j9v9dfinQ

Rather than relying on something irrelevant like dividends, if you really must use some generic factor criteria to drive longterm investment decisions. I'd recommend you consider the Fama-French 5 factor model:
>https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2287202

Once adjusting for other factors, dividends become entirely irrelevant as a predictor of future stock returns:
>https://www.financialplanningassociation.org/article/journal/APR13-dividend-investing-value-tilt-disguise
>In this study, the dividend yield factor has been shown to actually detract from portfolio performance.
And one final video, pointing out the drawbacks of restricting investment options based on some arbitrary irrelevant criteria:
>https://www.youtube.com/watch?v=4iNOtVtNKuU

Hope this helps you see the light.

I like dividends on stocks when the companies are based in Monaco, Mauritius, or the British Virgin Islands.

>>56734780
My state doesn't tax dividend income and the feds tax it less than short term capital gains. I'd need like twice the nominal return to come out ahead.

>>56737398
Same.

Dividend investing general back on page 1

>>56732710
Gratz! What else do you hold?

>>56739862
Mostly small to mid cap crypto, and a few shares of GME just on the off chance those crazy bastards are right. I used to hold some Amazon but I sold that last year before they split.

>>56727597
what is dividend growth

>>56739902
>>56732710
(yes this is me, my IP changed)

>>56729456
you can buy tflo. very low risk, about 5% yield, and pays monthly. you can do jepi, but you'll be taxed ordinary income, and the price could fluctuate downwards when you want to sell.

>>56734780
>>56735171
you're trying to frame dividend irrelevance as something bad, when the theory, given perfect conditions, essentially states that it's not better or worse whether a company pays a dividend or not from an investor's perspective. Essentially, you being passionate about dissuading others from investing in dividends is irrelevant. Perhaps you can use your energy to dissuade others from gambling on shitcoins in one of the hundreds of current threads.

i did not read thread. do you consider cover call ETF as dividend ? any good one ?

>>56740366
>you being passionate about dissuading others from investing in dividends is irrelevant
The two posts you quoted don't dissuade others from investing in dividend stocks. Where are you seeing that?

>>56740366
>Perhaps you can use your energy to dissuade others from gambling on shitcoins in one of the hundreds of current threads.
I've tried. They're beyond hope, same as the GME and BBBYQ generals, and most of society.
You guys at least have a chance. The downsides of fixating on divvy stocks are limited, but they do exist. Primarily, focusing on yield is dangerous due to yield traps, and focusing on dividend growth kings/aristocrats limits your pool of available investments to the point where your returns will likely be more volatile than a broader index.
Volatility is relevant, and is generally considered to be a negative as it reduces geometric return; the typical goal being to maximize risk-adjusted returns.

It's unfortunate that the natural instinct is to interpret my posts as a warning against investing in dividend stocks. That's not the intent at all. Divvy stocks are fine. I'm merely suggesting that you acknowledge other stocks exist too, and join the rest of the community of /smg/ rather than creating this needless fracture.

Any thoughts on DX and SPYI? The last time I saw one of these threads I noticed someone mention QQQY but that one seems a bit too good to be true at the moment.

Dividend stocks are only for when you get old enough to retire. Once you retire 60% of your assets should be in dividend stocks to provide income and protect against inflation. Before retirement you should invest mainly in growth stocks.

>>56727569
Too much s.oy

>>56741035
And miss out on the compounding of reinvesting.
https://youtu.be/RFc2o_9OgOs?si=UX1oX-xOXfxzTkIG

>>56741035
Also irrelevant since you should have good growth stocks as well.

NIGGERS NIGGERS NIGGERS NIGGERS NIGGERS
>NIGGERS NIGGERS NIGGERS NIGGERS NIGGERS
NIGGERS NIGGERS NIGGERS NIGGERS NIGGERS
>NIGGERS NIGGERS NIGGERS NIGGERS NIGGERS
NIGGERS NIGGERS NIGGERS NIGGERS NIGGERS
>NIGGERS NIGGERS NIGGERS NIGGERS NIGGERS
NIGGERS NIGGERS NIGGERS NIGGERS NIGGERS
>NIGGERS NIGGERS NIGGERS NIGGERS

TreasuryDirect bro here, passive income for the win

>>56740633
>other stocks exist, too

Yeah, but they don't pay dividends. This thread is about DIVIDEND stocks/investing
, which means the stocks discussed here will be ones that pay dividends. There is a /smg/ for all stocks, the majority of which don't pay dividends.

It would be foolishness to assume that just because someone is investing in dividend stocks, that they don't invest in other stocks as well. Nobody would do the research required to approach dividend stocks with a degree of knowledge without understanding other stocks as well.

Using myself as an example, the majority of my money that is in stocks is in QQQ and VOO, tracking the Nasdaq and the S&P500.

I don't talk about that here because this is a thread about dividends. It's weird that that hasn't clicked for you yet.

>>56743337
If dividends are irrelevant, and to be clear - they are, then there is no reason to distinguish between dividend payers and non payers. Thus there is no purpose for this thread.
It's weird that that hasn't clicked for you yet.

>>56743648
You haven’t been able to show their irrelevance outside of a vacuum that doesn’t occur in real life

>>56743648
>dividends are irrelevant
To the price of the stock.

The behavior of dividend stocks - ie, that a portion of the gains go to me rather than back into the stock value - is preferable to me.

Given that everyone here understands that, and you're just in the DIVIDEND thread to "make sure we know that there are other stocks out there," I can only see two options:

>you're so autistics that you can't understand that other people may prefer different investment vehicles than you do

Or

>you're so autistic that you go into every thread you see to let them know that there are OTHER investment vehicles than the one the thread is about.

So, do you go into bitcoin threads and spasm about link? Or is your autism reserved for us and only us?

>>56729451
PBR is insane

>>56740633
I trade or invest in a lot of other things, but it's nice to have a place specifically devoted to this particular sub-category of stocks because it has a different method and attitude than the usual NVDA OOOO or MARKET COLLAPSE IMMINENT or DAY TRADE NATGAS in /smg/

>>56743648
the point of those papers is to show that dividends aren't a good proxy variable for total returns over the lifetime of a stock; total returns is probably the most important thing to care about but in practice dividends are important for a long list of reasons from psychology to taxes

My $55 O covered call is in serious danger of being exercised

>>56743662
Looks like someone was too lazy to read the sources. Embarrassing.

>>56729352
TFLO

>>56720216
>donating plasma?
>buy more wealth?
How does this work? Your donating.

>>56734780
Right and equity in a home is irrelevant. If you need some cash just sell all the copper pipes

Lunch

>>56744077
Buy it out.

>>56744894
If that's the analogy you want to use, you have to imagine that it's a magic house that grows a bit of copper pipe every day.

Remember that a dividend payment is simply another form of selling some of the copper pipe.

>>56743922
I'm tempted to dip into PBR but the tax implications of foreign dividends makes me a bit wary.

>>56745303
i don't think it actually adds mandatory work, you just won't get the ~10% of dividends brazil withholds unless you file for reimbursement

Roth update. Sold most of my MSFT. I plan on halting my biweekly MSFT contribution as well until the price drops a bit. No use overpaying for a dividend stock

>>56746021
Here are my biweekly buys. It adds up to $290 which will max out the $7000 contribution limit next year. Thinking about throwing those paused MSFT funds at SCHD

>>56745351
Don't foreign dividends get taxed at a higher rate in the US?

>>56746281
i don't think there's a special higher rate but honestly i just get turbotax to do that shit for me

>>56746390
Yeah, the dividend that PBR pays is pretty good shit. Maybe I'll buy into it in my IRA account for that sweet, sweet tax sheltering

just hit 1k/month dividends

>>56746495
wow that a big milestone.

>>56746551
thanks. I'm aiming for a lot more though. my mortgage is $2700 so that's my next big milestone.

>>56746473
that's where i started with it but i think in a tax sheltered account the brazilian tax is still withheld before it gets to you and then because it's untaxed in the US you can't tax credit the brazilian withholding against your US taxes?

so i think it may not really matter in the end, but the difference won't be that big either way

anyway gl with your divvy journey anon

>>56743752
There are only a few threads that get fudded hard like that. It's how you find the good investments on /biz/.

>>56746625
I’m just barely breaking $500 PADI in my Roth and that’s because I’m extremely O heavy at the moment. Maxing out my Roth I should hit $1000 PADI a month in 6 years at the rate I’m yielding and expecting those yields to grow. The compounding is just now starting to be noticeable

>>56746625
what's in your portfolio? with all the dividends reinvested how much longer do you think it will take to hit your next goal?

>>56744768
You get different things in return in different parts of the world. In some state straight up money rewards aren't allowed so you get some kind of point reward system that eventually gets you gifts cards or something. I for one used it to get a persona 5 collection thing when I was new and sold that online for $90 or something.

general focusing on income and no mention of 0-3 month t bills offering 5.5% yield risk free?

>>56744768
I use CSL. They give you a prepaid Mastercard that they load up with money. I can then withdrawal cash for free at wawa.

>>56748162
I threw 20k at a 1 month t bill last week, just to see what would happen. I'll probably dump more than that into the next one, but I have a business venture that I wanted to keep a chunk of liquidity reserved for just in case I need to rescue it. Having a rough time securing the loan for it.

>>56748162
Interest is not a dividend

>>56746495
What's your portfolio like? I'm looking for new areas to check out.

slurped up some ABR today, price was pretty good

14% yield and housing remains unaffordable so construction bridging loans seem promising unless there's a huge recession

>>56748623
The point remains that with rates over 5%, short term treasuries are actually pretty competitive right now... but that means that divvie stocks are probably trading at a discount since people desperate for yield can just buy bonds.

>>56727605
I did the HSA thru work and they changed the bank account so often I had to replace the fucking card every month. busy work bullshit scam artists.

For me, it's WEN. You'll never go broke betting on American fatassery.

>>56750038
moon wen?

>>56722172
Dividends are very small.
You're going to need a few million if you want to live off it.

>>56752560
That's what shitcoin gambling is for, yeah? Run the score up to a make-it stack and then put most of it in dividends, treasuries, and other things rich people use to generate passive income.

>>56723567
>picrel
Two winged cupids, swinging on a bell.
Not sure what it has to do with dividends though.

>>56722172
You need around 3-400.000 for 17k.