/biz/ - Business & Finance

cash gang?

listen here s*mites
as long as the bank offers me +5% on my cash I'm not buying stocks so you can tank my portfolio, simple as.

manic episode kicking in again, I'm literally the trading god
sell everything tomorrow

>>56007571
I only work 4 days per week because I get enough passive income through dividends
I look down on people who don't invest exclusively in high dividend stocks or ETFs

>inb4 "noooooo you have to invest in growth assets so you have $100k extra when you're 60 years old and dying!!!"

Honest question, isn't it kind of retarded to put everything into ETFs and stocks which don't pay a dividend? Before you chimp out and call me a retard hear me out. The only reason why people DCA into ETFs that automatically reinvest their dividends is to have a nice sum of money for retirement.

But whats the point of being a millionaire when you're fucking 60 years old? I really don't get it.
Why not invest most of your money into ETFs which do pay a nice dividend, so you can reduce work hours as early as in your 30s. I'm currently 32 and I get paid ~700$ in dividends per month which allowed me to reduce my work hours by 20%, I only work 4 days a week now and it's a the best thing ever. I finally get enough sleep and have enough time for hobbies etc. Sure I'm missing out on a lot of money later but I think time while Im still young is more valuable then $70k more in my bank account when I'm 60.

I think my way of thinking is based

>>55874006
home-gym chads, assemble!