dwade206;c-9916382 said:
not an easy question to answer, due to lots of variables, [such as the yields of the stocks themselves, whether you're investing in ETFs (which have variable dividend payouts), versus companies, who usually raise their dividends in a linear fashion, etc.].
roughly though, for a portfolio to generate 50k in dividends annually, you're lookin at having a portfolio worth around 1.75 million - 2 million.
^not an impossible task, especially if a recession occurs during your wealth accumulation phase, but it will take some time. your savings rate and your window of time are the greatest contributors to reaching that goal.
2stepz_ahead
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dwade206;c-9897619 said:
I work with Amgen.
What or how did you get that name?
Last edited:
2stepz_ahead
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i am honestly looking into changing my budget in the next 2-3 months.
i got alot of ideas from this thread.
i got alot of ideas from this thread.
2stepz_ahead
New member
Qiv_Owan;c-9921095 said:
nah...im in swiss...
Amgen is a world wide company.
Its in rhode island, juncos puerto rico, thousand oaks, was in colorado and seattle. in singapore.
i am very familiar with alot of biotech companies. i work with most of the fortune 100 companies closely.
man i've been wanting to get into this but i've been busy trying to learn filing taxes on my own under s corp bc im paying a bookkeeping company 80/mo. i still dont trust myself all the way to go on my own cuz irs is a dirty bitch.
i was just wondering though how long some of u have been investing, how many companies u have since u started and the amount of dividends u currently receive monthly or yearly.
i wanna get started in this like asap, just need to research and sign up thru some of the brokers u guys mentioned
i was just wondering though how long some of u have been investing, how many companies u have since u started and the amount of dividends u currently receive monthly or yearly.
i wanna get started in this like asap, just need to research and sign up thru some of the brokers u guys mentioned
2stepz_ahead
New member
Go figure;c-9954413 said:
man...I'm trying to do the same...
we need a tax thread.
IRS is mad confusing.across multiple states an too add I have Swiss taxes that are worse...the Dominican shit is the easiest.
taxes are a bitch.
just be glad you only paying 80/month an in one country.
Go figure;c-9962757 said:@_Jay @Sion
Do u think Exxon Mobile (XOM) is a good stock to get into right now? Looks like its sellin low right now and is a dividend champ. What u guys think?
Not sure but I think I saw this pick on dailytraderalert. I'm probably going to pick up some shares within a few months. Should be a solid investment.
dwade206;c-9962781 said:Go figure;c-9962757 said:@_Jay @Sion
Do u think Exxon Mobile (XOM) is a good stock to get into right now? Looks like its sellin low right now and is a dividend champ. What u guys think?
Not sure but I think I saw this pick on dailytraderalert. I'm probably going to pick up some shares within a few months. Should be a solid investment.
I just read an article saying it could drop as low as 50 unless oil prices go up so im definitely gonna sit on this and wait for now
thinking about buying into target (tgt), altria (mo), costco (cost) or exxon mobile (xom) tomorrow. if i get costco tho that will probly be the only stock i buy bc its $154/share but they are all for the low at the moment and pay quarterly dividends. Right now I only have general electric, twitter and Kingstone (insurance co) but thinking about selling them.
I'm literally just starting (this week) and using the robinhood app and Ally invest.
I'm literally just starting (this week) and using the robinhood app and Ally invest.
Go figure;c-9962757 said:@_Jay @Sion
Do u think Exxon Mobile (XOM) is a good stock to get into right now? Looks like its sellin low right now and is a dividend champ. What u guys think?
definitely.
Go figure;c-9966629 said:
all good companies for dividend growth, try to cop your shares at low valuations.
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