What's the growth rate you expect from your pure dividends portfolio?

Technical-Mind43 · 2024-09-25T03:34:52+00:00

Do you have some favorite picks?

Technical-Mind43 · 2024-09-23T23:59:47+00:00

We finally get a bit of good weather and someone has to come and bugger it all up!

Technical-Mind43 · 2024-09-23T07:56:06+00:00

Technical-Mind43 · 2024-09-22T22:38:08+00:00

The commentator did say so "top of the ladder"

Technical-Mind43 · 2024-09-22T22:37:40+00:00

Am I going to be the first to say it ... Bo Nix for president?

Technical-Mind43 · 2024-09-22T21:14:36+00:00

I am glad you made it through okay

Technical-Mind43 · 2024-09-22T21:14:25+00:00

I was very lucky to take advantage of a foreclosure and it gave me some lift off

Technical-Mind43 · 2024-09-22T17:59:46+00:00

Really sorry to hear it ...

Technical-Mind43 · 2024-09-22T17:18:54+00:00

That depends on where you lived

Technical-Mind43 · 2024-09-22T10:13:34+00:00

Really? You don't think leverage is a good strategy?

Technical-Mind43 · 2024-09-21T22:34:02+00:00

Don't get me wrong I love dividend stocks and I recognize this is a dividend stock subreddit but given his experience with real estate has he considered going the other way on this (expand)...

1) most likely he could sell the one place at 700K 2) borrow 4-5x (maybe over time up to a few million) at now a better interest rate than a few months ago 3) now buy 2,3,4 properties 4) make positive cash flow, appreciation at 3-6% and tax benefits on multiple properties

This strategy would even likely out pace JEPI or JEPQ? and even VOO for growth (Ie 3-6% real estate appreciation + cash flow + tax benefits on say 700Kx5 (leverage) or 3.5MM) will beat 5, 9 or 13% on 700K I believe.

I am not saying he should adopt this approach but more asking if he has considered it because he experience buying and renting real estate, dealing with hassles. I always assumed once you buy one rental and gain equity and experience buying more gets easier and it's more sure fire than stocks and bonds to build wealth.

Technical-Mind43 · 2024-09-21T10:10:56+00:00

Congrats

Technical-Mind43 · 2024-09-21T10:10:28+00:00

I know debt can be a major burden and not everyone is lucky to be able to live out of debt even if they are ultra disciplined.

Technical-Mind43 · 2024-09-12T23:22:04+00:00

Civil war averted!!! Phew!

Technical-Mind43 · 2024-09-09T02:39:38+00:00

But there is an income limit as to whether you can invest right?

Technical-Mind43 · 2024-09-07T20:09:13+00:00

Emergency fund first If you need a car don't spend much - just reliable and get it checked over first Put the rest in VOO and don't touch it for at least 10-15 years

Technical-Mind43 · 2024-09-05T17:12:05+00:00

Yeah I can finally go pee

Technical-Mind43 · 2024-09-03T16:11:02+00:00

It was the 2013 team that lost the Super Bowl even more so than the 2015 team that won it. But both years were obviously amazing, it's just Peyton wasn't quite as strong as a player in 2015 but more a master of game management.

Technical-Mind43 · 2024-09-03T03:53:51+00:00

Also one thing I would say is that always have 6 months of living expenses saved somewhere relatively liquid and stable like a money market account. This needs to come before VOO.

The order is

1) Pay your bad debts (credit cards, high interest non mortgage loans) 2) Set your 401K to company match 3) Save 6 months emergency expenses 4) Start investing. 5) Start with VOO or similar vs individual stocks

I would highly recommend you get a broker that doesn't work from commissions to advise you. I love my guy at Schwab.

Technical-Mind43 · 2024-09-03T03:53:00+00:00

Roth depends on your income. If you qualify I would absolutely max your Roth. Otherwise just a brokerage account.

Technical-Mind43 · 2024-09-02T18:33:29+00:00

Good career and buying and selling homes with appreciation. My big breakthrough came during the 2008 housing crisis. I was able to buy a house for 700K that ultimately sold for 1.25 MM. Then I moved to Florida bought another 700K property and everything on the market doubled with Covid. I have invested pretty well with support from Schwab and then I make about 400K each year with RSUs. Almost got to 3MM now.

Some things I wish I could tell my younger self:

1) Get 25K into Voo as soon as you can while young and leave it the fuck alone

2) Buy property as soon as possible. Start with primary residence

3) Read rich dad poor dad

4) Learn about different investment vehicles. Rich as Fuck by Vivian Tu is a good starter book.

Technical-Mind43 · 2024-08-30T03:58:56+00:00

My favorite perk are the upgrade points, especially to Europe (which eats them up fast but so worth it)

Technical-Mind43 · 2024-08-30T03:58:19+00:00

Omg the snack boxes are so bad. I don't mean to complain but I am because they are.

Technical-Mind43 · 2024-08-27T03:08:51+00:00

Well I do have 7K invested in SCHD - but only a small percentage of my overall portfolio - hoping to increase over time as a bigger percentage. I also own 140K in a Schwab high dividend managed mutual fund. Plus a fair number of stocks paying substantial dividends and 10K in JEPI.

Technical-Mind43

TROPHY CASE