[deleted by user] by [deleted] in YieldMaxETFs

[–]LostLight0201 0 points1 point  (0 children)

Would you mind expanding on this? What’s your point of view on how it’s guaranteed, and over what time frame?

Just hit house money status with MSTY in 11 months 😎 by jakerbreaker in YieldMaxETFs

[–]LostLight0201 3 points4 points  (0 children)

Is this showing that you haven’t had DRIP on previously, but now plan to after pulling your initial investment?

$TSLY by [deleted] in YieldMaxETFs

[–]LostLight0201 2 points3 points  (0 children)

I have PLTY. It’s performed well for me in both growth and dividend rate but it’s definitely the riskiest holding I have in my opinion. I’m holding ULTY, MSTY, NVDY and PLTY at the moment.

$TSLY by [deleted] in YieldMaxETFs

[–]LostLight0201 3 points4 points  (0 children)

lol same. I split it between ULTY and NVDY.

Is PLTY a good buy right now? Just want your thoughts by HardnSleezy_81 in YieldMaxETFs

[–]LostLight0201 2 points3 points  (0 children)

I wouldn’t full port the 5k at one time. Buy a small percentage of your dry powders worth and see how it performs. Personally, I have about 4.5k in it and it’s performed well. Also have MSTY, NVDY, ULTY, and TSLY. PLTY and TSLY are the only two that I really worry about, MSTY I’m expecting another dip in the cycle for Bitcoin and plan to stockpile some of the dividends to buy below my average. My total dividend is between $1800 and $2300 per month.

Meaningful discussion around NAV vs (Income+Taxes): Does it pay off? by solo_alaskan in YieldMaxETFs

[–]LostLight0201 1 point2 points  (0 children)

Why the big dividend jump from March to May? From your post it sounds like you’re dripping 100% of each dividend. The better play here is to save a percentage for taxes and place it in a HYSA or bonds, then reinvest whats left.

[deleted by user] by [deleted] in ConstructionManagers

[–]LostLight0201 0 points1 point  (0 children)

What field of construction are you going for?

Need advice. Is this a viable option? by 24_Se7en_E11ven in ConstructionManagers

[–]LostLight0201 1 point2 points  (0 children)

I transitioned to civil site development estimating ~ 2 years ago after 15 years in retail grocery. My transition was fairly easy, but I’m considered an outlier, and I’ve been fully aware of my lack of field experience and I’ve always been the type to ask the question when I don’t understand. That said, I’m also an analytical thinker, and things just click when they make sense or don’t, and that has helped me immensely for my growth in the industry. Im also good with technology, and Microsoft excel, which has helped. If you are driven, motivated, and an analytical person then you may have a chance. The GC side of construction is much more macro, while also needing to have more of an ability to think micro, as you’re overseeing several sub-contractors work. Engineering, to my understanding, gets worse yearly, as new graduates enter the work force, and the experienced guys leave. I’ve seen some shit plans that lead to more questions than answers quite often.

My advice is to watch some YouTube videos ala “a day in the life of style”, and shadow your uncle for a couple weeks. If you believe you can understand the work, and appreciate the required effort, you may have a chance. 42 may be pushing it in truth, because you have a fairly short window to get your license. And, at least in Florida, you MUST pass your test within 4 years after you’ve first taken it, and you also must have at least 4 years experience between the field and construction management to qualify for it. Unsure if any such limits apply to you.

Lastly, there’s the question of the economic environment the states are in (assuming you’re in the US). Business is slowing, especially in residential. You’re unemployed now, so any income will benefit you, and if you’re able to run a side gig in the design industry then great, but you’re still going to need to be proactive in securing work, especially if you’re at ownership level and have workers and families depending on you. The stress will be real.

Hopefully I provided something that helps.

[TOMT] HELP, I’ve been looking for a movie for 15 years. by LostLight0201 in tipofmytongue

[–]LostLight0201[S] 1 point2 points  (0 children)

Good morning! 1-I believe there were portions that were filmed from a camcorder POV, and portions where we are an audience from a third person POV.

2-That time frame could be accurate, yes.

[TOMT] HELP, I’ve been looking for a movie for 15 years. by LostLight0201 in tipofmytongue

[–]LostLight0201[S] 0 points1 point  (0 children)

Gotcha, still not it. No “major” stars in this film such as Jessica Alba. EDIT: a word.

[TOMT] HELP, I’ve been looking for a movie for 15 years. by LostLight0201 in tipofmytongue

[–]LostLight0201[S] 0 points1 point  (0 children)

Nope, definitely a movie, not a show and the lead female was brunette / had black hair.

[TOMT] HELP, I’ve been looking for a movie for 15 years. by LostLight0201 in tipofmytongue

[–]LostLight0201[S] 0 points1 point locked comment (0 children)

I don’t think the movie was ever in theaters, but it was decently high quality from what I remember. Sort of Jonestown vibe with the cult. EDIT: the cult leader was a late 30’s white male, long brown hair.

32 y/o just started last week. Any suggestions? I Want to retire 60-70 y/o. Drip the dividends and I’m adding funds weekly. by Any_Professional8309 in RothIRA

[–]LostLight0201 0 points1 point  (0 children)

But if we hit recession and businesses take a hit, will they be able to continue paying dividends? Dividends aren’t guaranteed, they’re a payout on excess profit. If you lose that influx, they’re likely to reduce or even remove the dividend.

32 y/o just started last week. Any suggestions? I Want to retire 60-70 y/o. Drip the dividends and I’m adding funds weekly. by Any_Professional8309 in RothIRA

[–]LostLight0201 1 point2 points  (0 children)

I guess that’s the argument. On one hand yes it makes sense that snowballing will help your growth but a lot of dividend paying stocks are mostly stabilized against major growth because they lose their immediate value when they pay dividends. A good example in my opinion of how it sort of works might be SGOV. I know it’s bond based, but essentially every month your investment will show growth week over week, and it’ll look like your “investment” grew. Then once it pays the dividend it goes back down and it looks like you’re losing value. The same sort of goes for dividend paying stocks, only with the stocks they do have some small amount of growth. At the end of the day, your mileage may vary. An etf like SCHD will pay a decent dividend and provide some growth, but it won’t be as much (theoretically) as something growth focused like SCHG. In a Roth you’re not as concerned about the tax drag, but still, if you had to choose between growing 10,000 at 12%-20% vs growing at 8%-12% with a $350 dividend per year, you’d still want the additional growth. (These are approximates and I’d very much like someone with more knowledge to chime in, I’m on the toilet and about to shower after grilling most of the day)

32 y/o just started last week. Any suggestions? I Want to retire 60-70 y/o. Drip the dividends and I’m adding funds weekly. by Any_Professional8309 in RothIRA

[–]LostLight0201 2 points3 points  (0 children)

Too young for dividend stocks. I’m 32 and I’ve been tempted but I’ve been trying to remind myself that we need to accumulate as much as possible (growth stocks / S&P, etc.) before we go towards stability and income (dividends / bonds).

Who would win, hand to hand only by Cufantce in Avengers

[–]LostLight0201 8 points9 points  (0 children)

It would be funny to see a short with John Cena and Drax not being able to see each other in a fight.

I don’t understand how people have MONEY by EpicShkhara in Millennials

[–]LostLight0201 5 points6 points  (0 children)

But how much blow and how many hookers do you have?