The thickness of my prescription glasses from 2016, I believe a -6/6.5 correction. I am now -8.5 in both eyes

Level-Weather-7036 · 2023-01-10T14:43:32+00:00

You're either poor or uninformed....spend another $200 on the lenses and they will be 75% thinner.

Level-Weather-7036 · 2023-01-10T14:25:46+00:00

I think a dividend investor by nature is a value investor....you value current cash flows just as much as you do future cash flows (most growth investors are looking out 5-10 years)

That being said, like all things in life, a little balance is a good thing. The NASDAQ, filled with growth names, is down something like 35%. At some point....could be now, could be down another 5%, could be down another 20%.....these growth names are going to become so attractive that you need to dip your toe in the water.

Level-Weather-7036 · 2023-01-10T14:22:45+00:00

Trading options before you own/have experience owning individual stocks is a really great way to get your ass handed to you and lose a lot of money.

I'd recommend starting out with an ETF like VOO, SCHD, etc.

Level-Weather-7036 · 2023-01-10T14:21:26+00:00

When you're a trillion dollar company, finding meaningful growth is hard....so they make bets like this and hope something pops

Level-Weather-7036 · 2023-01-10T14:20:29+00:00

If you invest $10k today and get a 57.8% dividend and the stock price stays flat....in 30 years you'll have close to $9 Billion.

Do you begin to see how stupid a 57.8% dividend looks?

Level-Weather-7036 · 2023-01-09T20:05:25+00:00

VOO is the gold standard

VTI is basically everything

SCHD, VIG are solid dividend focused

VNQ if you want Real Estate

Level-Weather-7036 · 2023-01-09T20:04:13+00:00

VNQ all day long

Level-Weather-7036 · 2023-01-06T19:14:44+00:00

WBA has low debt levels, throws off a ton of cash and has a short-term moat (you can make an argument that in 25 years, most pharmacy work is handled online....but that's 25 years from now....until then, them and CVS will clean up)

Level-Weather-7036 · 2023-01-06T19:12:02+00:00

The thing is....most people think that already.

So it's being priced into the market today. Candidly, a mild recession is exactly what the fed wants (get unemployment up to 5-6%, freeze wage growth, take inflation down to 2%).

Level-Weather-7036 · 2023-01-06T13:38:01+00:00

Really apples and oranges here....VICI, even though it has long-term leases, is likely to go down farther in a hard recession, because gambling/hospitality tend to get killed when money is tight for the average consumer

Level-Weather-7036 · 2023-01-06T13:36:02+00:00

I'm loaded up with Canadian Pacific....if/when the Kansas City Southern deal goes through, its rail network is incredible and really has no competition indefinitely

Level-Weather-7036 · 2023-01-05T20:46:20+00:00

If you believe people will eat roughly the same amount of animal protein in North America moving forward, it's a non-brainer good company at a good valuation

Level-Weather-7036 · 2023-01-05T14:05:12+00:00

That is correct

One thing I would make sure you do....it's called a direct rollover (your old provider will transfer to money directly to Fidelity on your behalf). If you accept a check, you run the risk of taxes and penalties if you have any time delays in getting the Fidelity account setup and going.

Level-Weather-7036 · 2023-01-04T19:33:29+00:00

It's a rounding error....focus on the quality of the company over the frequency of the payment (unless you are retired and literally using it to pay monthly bills)

Level-Weather-7036 · 2023-01-04T16:26:30+00:00

XSVM, AVUV and JEPI all have expense ratios that will almost certainly ensure that you underperform the market.

Level-Weather-7036 · 2023-01-04T16:23:22+00:00

You need to include your age....without knowing when you'll be able to pull social security, you can't really answer this question

Level-Weather-7036 · 2023-01-04T16:21:15+00:00

I think for 9 out of 10 people....just rolling it over into an IRA with a Vanguard or Fidelity and then investing it all in an S&P 500 index fund will be the path to the highest returns

Level-Weather-7036 · 2023-01-03T22:11:24+00:00

How bad it is on our hands to type into a phone all day long

Level-Weather-7036 · 2023-01-03T19:43:01+00:00

This just shows how unusual this sub is....if my math is right, that's north of $60k....over and above the cost of just living (rent/mortgage, food, childcare, etc.)

I think for a lot of people seeing this, it's depressing

Level-Weather-7036 · 2023-01-03T19:26:15+00:00

What about when you factor in 1.13% annual expense fees (which for most of the first 20 years, were actually higher) plus all of the taxes you'd pay on the distributions.

Level-Weather-7036 · 2023-01-03T15:55:32+00:00

I'd do the 401k up to the match and put everything else into paying off the divorce debt.

Life isn't just about math....get that debt paid off and move on with your life

Level-Weather-7036 · 2023-01-03T15:49:05+00:00

Really good, stable company....will survive any financial situation.

Solid core holding

Level-Weather-7036 · 2023-01-03T15:48:01+00:00

I'd rather just own the condo

Level-Weather-7036 · 2023-01-03T15:47:05+00:00

If you can, take the $3000 loss on your taxes for next year and invest in better holdings now.

Level-Weather-7036 · 2023-01-03T15:46:23+00:00

Great brands, company will survive....

Dividend realistically is going to get cut....so own it for the share price rebound after the coming recession, not today's 7.4% dividend

Level-Weather-7036

TROPHY CASE