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/biz/ - Business & Finance

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58496541 No.58496541 [Reply] [Original]

How safe are these stocks actually? Looking to dump about $2M to retire with 6% annually

>> No.58496589

You're better off lending your $2M on Aave and earning USDC.

>> No.58496618

>>58496589
Too risky. Also thinking of just setting aside a year or two in cash, and selling 4% of shares of something like VOO to fill the cash back up every Jan 1st.
Should be $80k/year and another $100k I'll keep in a high-interest savings account (like 5% payouts). Over time the principal should also keep up with inflation.

>> No.58496702

>>58496541
it's better to pick an ETF with high dividend payments than individual stocks, if the market crashes it could wipe-out your investment in individual stocks.

>> No.58496725

>9.02%
kek Petrobras pays out like 40%

>>58496702
How is an ETF going to protect against a market wide crash?

>> No.58496978

>>58496702
Do you think VOO or VTI is good enough? I'd also keep a year or two of living expenses in a savings account, and just withdraw 4% annually. Hopefully this way I'd actually keep up with inflation

>> No.58497029

>4% cashed out of VOO every year
this is a good method for retirement, but would it still work for someone retiring young who wants it to last, theoretically, indefinitely?
my goal is very similar- having enough to live off annual 2-3% VOO withdrawals

>> No.58497085

>>58497029
Hmm, no idea. I'd probably just start living off the principal once I hit my 60s. I'm also thinking I'd just dump any leftover money I don't use to crypto.
I'm just not sure if I should put the 2M into BTC and just sell a bit to live off and cash out completely at 10M (live off 2.7%) or put the 2M into VOO and add leftovers into an altcoin I have conviction on, then sell peak cycle every time until I hit 10M that way

>> No.58497456

>>58496541
>office REIT
that one

>> No.58497624

>>58496541
your principal gets obliterated for MORE than the yield covers
meaning that YOU ARE THE REAL YIELD

the reason nobody chases these yields is because fiat is dead, chasing fiat is a waste of time
gambling your principal on a growth stock is more fiat-bearish and therefore gives a better return
the reason boomers don't like it is because they hate admitting their currency is a worthless ponzi scheme + their pension funds depend on the ponzi

>> No.58497638

General rule of thumb is if the div yield is high the stock will perform like shit. Your best case on a 9-10% div yield is typically the stock kind of does nothing, maybe keeps up with inflation. It's better to go into low div blue chips which have a track record for appreciating. Making 30% on the stock price in a year and 1% divs > 0% on price and 10% divs.

>> No.58497695
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58497695

>>58496541
Wait.
I work at Whirlpool. They're matching our contributions with Whirlpool stock instead of cash.
Am I getting the dividend if it's through Vanguard (God I wish I could 100% into bitcoin)?
Yes I browse /biz/ and yes I'm serious with that question.

>> No.58497727

>>58496541
I own Verizon bought DCAd to 36 avg. It's a cheap stock and has some room to grow.

Other options include O, PAA, JEPI

Most of your folio should be in low cost index funds. SPLG maintenance fee is cheaper then VOO and covers the exact same S and P. You get roughly 1.5% per year in divvy and is about as safe as safety gets for long term

>> No.58497765
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58497765

>>58497695
I'm serious.
Anyone?

>> No.58497778

>>58497765
Yes retard it's your stock

>> No.58497791

>>58497765
yes, youre getting dividends
those dividends are very likely being reinvested back into buying more whirlpool each time (a DRIP) rather than being paid in cash, as well

>> No.58497795

>>58497778
TYTY.
I don't know how it works when someone else manages your money. I got this job 5 months ago.
Now that you say it, it makes sense. But I'm sure there are nigger jew kike fees because I'm sure there's some sort of agreement that because they handle my money, they can move it around, so they more it all the time to "protect" me and in the end just take my profits anyway.

>> No.58497957

>>58497765
contact vanguard and ask them your questions, none of us here manage your money or participate in this stock program, contact your employer.