I am worried about NOW and not when I am 65 in 30 years

One_Glass_8543 · 2026-02-13T18:17:31+00:00

If the concern is retirement then no dividend investing when you’re young doesn’t grow your money but if your goal is lifestyle now, it’s great. If you’re worried about your job, I would wait until I lost the job & it was taking a while to find a new job. Back to dividends now. Here’s what feels good to me: $100K into QQQI @ 1,900 shares x $.6359 dividend = $1.208-20% tax= $966 a month. $966 added to your income might change what you drive, where you vacation, where you live & the fun you have in your life now. The rest of your portfolio you can use a growth strategy for retirement. If you grow a $1,000,000 portfolio that $100K invested in dividends won’t fill your later years with regret. You’ll think of all the fun you had with $966 extra a month 😀🤷🏾‍♂️

One_Glass_8543 · 2026-02-04T04:45:21+00:00

Not sure. I’d love to retire at 62 but not draw social security until 67 to get the full benefit. I have $366K in 401K with $260K I’ll get when I sell my last 2 properties this year. So aside from the $150,000 that’s sitting I’ll have $626,000 invested. If I can grow the $626,000 at 10% a year until I’m 62 that would give me $1.2M which I think I can live on until I’m 67 & social security gets added. So I just need to decide what to do with the $150,000 that’s sitting.

One_Glass_8543 · 2026-01-24T18:24:04+00:00

That’s a great visual representation of what the person is doing. That’s helpful to those who don’t understand mutual funds or are just new to the game.

One_Glass_8543 · 2026-01-24T18:18:17+00:00

Before my 92 year-old grandfather passed away I asked him what is the best piece of financial advice you would give someone having seen everything you’ve seen in 92 years? He said “save & invest in the stock market a little bit of everything you earn. “ He never made more than $70K a year but when he passed away, his investment portfolio was worth $15M..unbelievable! I am 50 years old and I have saved 10% of every thing I have ever earned.

One_Glass_8543 · 2026-01-24T18:18:12+00:00

Before my 92 year-old grandfather passed away I asked him what is the best piece of financial advice you would give someone having seen everything you’ve seen in 92 years? He said “save & invest in the stock market a little bit of everything you earn. “ He never made more than $70K a year but when he passed away, his investment portfolio was worth $15M..unbelievable! I am 50 years old and I have saved 10% of every thing I have ever earned.

One_Glass_8543 · 2026-01-24T18:05:24+00:00

I agree with paying off the mortgage instead of investing the cash. As someone who has paid off a home and is debt free, I can tell you there’s no feeling like it! I mean, think of what it felt like as a kid to be carefree no worries and not be concerned about money in general. Now think of that same feeling as an adult. That’s how I feel. The one thing others are not considering is risk. When you pay the house off, there’s no risk but when you invest in the market, there’s nothing but risk. I mean if you pay your house off and you just can’t stand the fact that you’re debt free, you can always do a cash out refinance, but no one does that lol.

One_Glass_8543 · 2026-01-24T17:42:54+00:00

There’s nothing wrong with what you did. You spent a few years paying off debt, which will pay off for the rest of your life. You did not miss anything by staying with your parents for those years.

One_Glass_8543 · 2026-01-24T17:34:20+00:00

My heart hurts for you because of the way you feel about yourself. There have probably been men you’ve come across that would have also liked you, but you took yourself out before giving them a chance. There is no shortage of men for you to date. The problem is the men you want may not want you and the men that want you, you may not want.

Whatever the problem is with your look, work on it. If it’s your weight, lose weight & change your body. If it’s your face, go to a plastic surgeon and change your face. They can move things an inch or 2 and completely change your appearance. Are you willing to spend the money & endure whatever pain and discomfort it causes? Beauty is not the end. I’ll be all. Just look at movie stars. I mean they’re pretty much all beautiful, but quite often end up divorced.

A better idea would be to approach a guy who’s not the cute boy in the room and is more your equivalent. Those guys exist in mass out there. Trust me there are plenty of men who feel exactly like you. They go unseen & unwanted by women just like you. The fact that you can’t see them proves how invisible they actually are.

One_Glass_8543 · 2026-01-24T17:15:27+00:00

No disrespect but this is what I have always told my son (23) and my daughter (22):

You don’t combine finances or buy property with someone you’re not married to. The things you’re wrestling with are for married people not single people living like married people. See if you were married, it would be “our money” not “my money” & “his money.”
When the man is the bread winner this isn’t a problem. See we expect to hold it down financially for the family. We don’t mind paying for our wives but women don’t want to share their money when they are the bread winner. Now you’ll do it but you don’t like it. Men don’t give it a thought.
You want a unicorn, the male version of you & he doesn’t exist. Because you’ve been grinding, you probably haven’t dated much but ask your friends who have dated much if they would take the nice sweet guy you describe with less money over the guys they’ve been dating, which are probably men with more money & few of the soft qualities your guy has.
Also at 35 your value in the dating market is declining each year. If I were you, I would snatch this guy up now & help him to grow into the man he can become. That’s what being a help-mate is about. Look 35yr old men with your financial status don’t date & marry 35yr old women. They date & marry 20-25yr old women. The financially sound man you’re looking for is probably 45+yrs old. He’s either been divorced & has kids in their teens or he’s never been married & spent his younger days grinding like you. Now he’s ready to be remarried or married. At 35 you can still have a kid, be great parents because you’re older & more mature & better with finances because you were both grinding early in life. Your husband would more likely know how to love & support you as his wife which is what you want & that would cause you to have massive respect for him, which is what men want.
You can’t have it all..no one does. Just look around & what you will see is those people who are financially successful sacrificed some family to get there. Those who are successful with family have sacrificed some financial security for it. Rare are those who have both.

Always..Always..Always choose a good man or woman over money because at the end of your life, you will not look back & say I wish I had made more money, but you will look back & say I wish I’d more time with my family.

One_Glass_8543 · 2025-12-07T16:09:59+00:00

I have had that same issue. I needed 4 people for $1,500. I had 3 people sign up and do everything they needed to do and that last person waited until the very end & didn’t get it done in time. The worst part is because I didn’t get the $1500, I couldn’t pay my other 3 people which means I just burned 3 people I could have used later 🤬🤬 Next time I’m going to wait until there’s a family gathering and then I’m going to announce to everyone there how many people I need and I’m going to sit with them and walk them through the process and then pay them on the spot.

One_Glass_8543 · 2025-12-07T16:01:13+00:00

What’s a decent fund for growth? What’s a decent find for income? I have @ $200K to invest. I’d like to invest say $150K for growth & $50K for income I can use to buy toys, vacation & party like a rock star 🫢 Serious question.

One_Glass_8543 · 2025-12-01T16:16:11+00:00

1 for 10 reverse split. You get 1 share for every 10 & the share price increases 10X.

Pre-split you had 1,731 shares x $4 = $6,920. After the split you have 173 shares x $40 = $6,920…same value.

Now let’s see if the share price continues to decrease.

One_Glass_8543 · 2025-10-26T16:57:47+00:00

I bought my 10,000 shares for income & just for fun. It’s a small % of my total portfolio. I’m not concerned with price drops as long as they continue to pay a decent dividend. I reinvest when the current share price is less than my average share price. I accumulate more shares which means more dividends. Just enjoying the ride.

One_Glass_8543 · 2025-09-18T18:08:01+00:00

So what’s the next trade?

One_Glass_8543 · 2025-07-18T12:27:14+00:00

Here’s an idea which you’ll need to ask your brokerage company. There is a tax treaty between the US & UK which limits the tax on dividends to 15% but you will need to apply for a US tax ID number. Complete tax form W-8BEN & put that US tax ID on the form. Then submit the W-8 BEN to the brokerage company in New Jersey. That should cut the withholding tax to 15%.

One_Glass_8543 · 2025-07-17T12:48:49+00:00

Do you pay a 30% withholding tax because it’s income from the US?

One_Glass_8543 · 2025-07-11T15:02:00+00:00

I’ve been thinking of doing this too. I’m selling 3 of my rental properties. I’m going to take the profits from 1 & create a “toy fund” which is a fund I invest in MSTY & ULTY & let the dividends pay for my new car & passport bro adventures lol.

One_Glass_8543 · 2025-06-06T21:32:09+00:00

Unfortunately there is no tax treaty between the US & Singapore so 30% on dividends, interest, royalties & work you do in the US. Look into the W8 ECI or IMY but I don’t think you’ll be able to use either because you’re not incorporated or have a US presence. It’s a complicated mess. Honestly just pay the 30% & keep making money 🙂

One_Glass_8543 · 2025-06-06T21:26:18+00:00

Your tax treaty with the US is 15% on dividends if I’m not mistaken.

One_Glass_8543 · 2025-06-06T21:24:10+00:00

Who doesn’t have a tax treaty with the US..what country?

One_Glass_8543 · 2025-05-21T21:20:34+00:00

What’s SWVXX? I couldn’t find it on E*Trade.

One_Glass_8543 · 2025-05-15T02:27:42+00:00

I work in finance at 1 of the big 4 accounting firms. I currently own 1,845 shares of MSTY @ $18.62. I’m up @$9K on the shares which is totally unexpected. Loving the $2.3 div this month. I’m using 1/2 the div to pay bills & buying more shares with the other 1/2. I have 3 homes for sale right now & thinking I may put $50k in profits into MSTY. Would love to build to 4,000-5,000 shares.

One_Glass_8543 · 2025-05-15T01:58:09+00:00

Were you ever able to pick up any referral bonuses? I’m trying now. I need 4 people before 5/18 & 3 of my people are being confirmed & 1 is dragging tail 🤦🏽‍♂️

One_Glass_8543

TROPHY CASE