/biz/ - Business & Finance

>>56797383
Here's a dividend for you, nigger

>>56797383
JEPI

Rmember the importance of dividend growth. If a company cuts their dividend or pauses dividend payments sell your stake immediately.

Have a mix of different dividend paying companies
>high yield
Not all high yielding companies are value traps. Some industries are just ripe with cash such as oil or tobacco. Covered call ETFs can also fall into this category but not much is known about their long term performance. I’d say no more than 20% of your divvy portfolio should be allotted for high yielding companies
>low yield, high dividend growth
These are some of my favorite. A starting yield about 1% maybe even a little lower but with high dividend growth rates. Companies that fall into this category usually have great margins and only pay out a small portion of profits to dividends leaving room for stock buybacks, reinvestment into the business, and sustaining future dividend raises. These companies also tend to have excellent share price growth. Examples of some of these companies are V, MSFT, COST, and UNH. No more than 30% of your dividend portfolio should be allotted towards these companies
>mid range yield, mid range growth, impeccable reliability
These are your sleep well at night companies. Companies your 5 year old children and 90 year old grandparents know. These are well established companies with strong economic moats. Usually yielding between 2 and 4% with average dividend growth between 5 and 8%. Examples of such companies would be KO, JNJ, NEE etc… you could allot anywhere from 50-100% if your portfolio into these companies.
>dividend ETFs
These can serve as a foundation of a divvy portfolio. They can focus on growth, high yield, reliability etc. make sure the expense ratio is miniscule and start stacking. I prefer SCHD as my dividend ETF of choice

>>56797403
ID ?

Don’t forget the rule of 72 to map out dividend growth. Just take the number 72 and divide it by compound annual dividend growth rate CAGR.

Let’s say a company is paying a 2.4% starting yield and have a CAGR of 11%. We will plug in the 11% dividend growth rate to see how long it will take for our yield to double.

72/11=6.54

It will take 6 and a half years for that 2.4% yield to double to 4.8%

Today is biweekly buy day in the Roth IRA

>>56797679
This account is a little over a year old. When O hit the $40s I sold most of my other holdings to purchase a chunk. I’ve scaled back my O buys and will just let it DRIP for now.

Tactical bump

Why would I not invest in high-growth shares while I'm young? I don't need the payout from dividends until much later in life and a high-growth share will grow my portfolio faster, meaning more dividends later on than if I'd invested in dividend-yielding shares earlier.

Is my thinking flawed?

>>56797383
Coul someone post a poorfolio example of dividend stocks to get to make in a year 17k?

>>56798589
That’s an appropriate strategy as well. My entire taxable account is in VOO and VT and my Roth is for divvy compounding. Im undecided if I’m just going to convert my index funds into dividends to retire early or just use the 3% rule

>>56797466
Which oil stocks are you talking about. I don't want to invest in sin stocks

>>56798643
My favorite is xom although I don’t own any at the moment

Dividends are irrelevant:
>https://www.jstor.org/stable/2351143
Above is the original paper, and below is a summary that is likely more your speed:
>https://www.investopedia.com/terms/d/dividendirrelevance.asp
Here's a good video explaining the concept as well:
>https://www.youtube.com/watch?v=f5j9v9dfinQ

Rather than relying on something irrelevant like dividends, if you really must use some generic factor criteria to drive longterm investment decisions. I'd recommend you consider the Fama-French 5 factor model:
>https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2287202

Once adjusting for other factors, dividends become entirely irrelevant as a predictor of future stock returns:
>https://www.financialplanningassociation.org/article/journal/APR13-dividend-investing-value-tilt-disguise
>In this study, the dividend yield factor has been shown to actually detract from portfolio performance.
And one final video, pointing out the drawbacks of restricting investment options based on some arbitrary irrelevant criteria:
>https://www.youtube.com/watch?v=4iNOtVtNKuU

Hope this helps you see the light.

>>56799014
>dividends are irrelevant
>posts sources that back up the relevance of dividends
What did he mean by this?

>>56799014
Based. Dividend general BTFO

>>56797691
That's all in your Roth?

I have a bunch of SCHD in my Roth but most of it is actually QQQ and VOO. I plan on selling the QQQ in favor of dividend stocks as I get closer to retirement but hanging on to the VOO so I have some purchasing power in case I need to rebalance things. My current spread is about 40% VOO 40% SCHD and 20% QQQ, but I want to increase the QQQ.

Is your Roth all dividends? If so, what's the logic behind that?

>>56799057
Assume that Xir is correct.

>if dividends are irrelevant, then dividend investing is no different from non-dividend investing

So literally just an autist who wants everyone to be like him. Nevermind the evidence against Xir.

>>56799127
Yes it’s all in my Roth. My reasoning is that they can compound tax free and I don’t ever have to worry about the market being stagnant

>>56799175
I see. As you get closer to retirement, do you plan on changing your holdings? I was thinking that I'd like to have my Roth filled with stuff that's less tax advantaged than divvies. Whatever the equivalent of JEPI, SPYI, etc is in a few decades, assuming that things like covered call etfs show long-term stability.

>>56799348
I wont change my dividend holdings. Every company I hold right now I’ll be comfortable holding for life. Pepsi, JNJ, Costco, visa, next era Energy.

I know about Altria, i bought enough stocks there that they will be paying me to smoke their brands now, but what about another companies that delivers around 10% of their anual yield in dividends and that keeps a consistent record on increasing them?

As a nonburger, us limited partnerships make for an interesting investment choice. The yield tends to be pretty high and is taxed the same as other foreign investment returns. But biden takes a 10% haircut if I ever decide to sell. Currently have a big stack of BSM that's nicely in the green.
Anyone else have any long term hold LP suggestions?

>>56800193
ET

Basado

>>56797383
just bought one share of O, saving up for another SCHD next week the rest I'm loading into LINK for staking, BTC because it's scarce and some moonshits.

>>56802076
Good on you. I don't know enough about crypto to consider investing in it but I'm happy to see you taking multiple paths to wealth.

>>56797383
when I see visa and investment together I can only think of cymi these days

>>56804706
Why, what's that?

>>56804841
Some project I recently invested in. Their traditional biz connections are great, long-time partners with visa etc. I trusted their web3 startup too

>>56797383
currently buying TFLO until the inevitable recession that's on the horizon, then i'm scooping

Blessed divi thread

What do you all invest in to live off when you've made it? Taxable

SBUX is cozy.

>>56798589
>high-growth share will grow my portfolio faster
It will always be a risk/reward balance. You have to pick the winners and preferably time the market twice; buy low, sell high. Growth isn't guaranteed as no one can predict the market or the economy. We have had an insane growth much due to the US printing trillions of dollars. How long can they keep kicking the the can before shit hits the fan? Will we have a "lost decade" ahead of us?

>>56798609
You need a portfolio worth around $3-400.000 to pay out that.

>>56798589
>I don't need the payout from dividends until much later in life
You don't need million dollar portfolio to pay off some monthly expenses like rent, food and utilities. assuming you have income from a job, that's more capital left that can be invested into whatever you want. The idea is to have others pay for your living expenses, giving you financial freedom.

What should I do divi bro's? At the biginning of the year I threw €200 at a low marktet cap shit coin. I already took €4000 in profits (€2000 reinvested in divi stock) and what is left of my original buy in is still worth about €7000. My original plan to throw some money at a shitcoin and sell everything when I double but I feel like I am getting greedy. I'ts an absolute shit coin but I feel like the active community and meme power could still 10x it to a 100 mil mc. Would you sell it all? €7000 is not that much money but it could speed up my long term dividend goals (give the snow ball an extra boost).

>>56797383
>tfw too scared to invest
>200k sitting in a 5% interest account
what do

>>56808644
>5% interest
That's pretty good. Just start small with a few thousand in well established companies.

>>56807655
Arigatou, Kiyosaki-san.

>>56810446
Just dropping in from the front page to remind you that inflation exists and letting money sit generating less returns than interest is losing money.

If you're not making AT LEAST 10% a year, you're losing money. To make a real 5% gain you'd want at least 15% interest/return.

If you hate this contact your congressmen.

>>56808644

Look at stock price history of stocks mentioned here, there is some good advice above, but there is also some not good advice mixed in.
If you have a lot of money and are scared to invest you can hire someone to manage your money for you, I don't know if it'd be worth it for $200k.

It depends on how long you want it to sit, you should split it up into a few different investments.
You should be able to average closer to 8% on the stock market, but if you're unlucky or bad at picking stocks you can lose money.

>>56812731
Based

>>56797466

What stocks correlate inversely to economic growth?

>>56814570
Enron

I love dividends

>>56798589
>Is my thinking flawed?
Nope
if you want to gain lots of money fast
buy junior gold/silver mining stocks because the bull run is just starting

>>56810756
Just dropping in to remind you that 10% inflation was an anomaly (assuming we're talking about the United States) and average inflation is typically closer to 3%. Assuming he's earning 5% and having to pay taxes on it, he's still making a little money

>>56797383
>V
Seems like a solid pick but I'm looking for shit which doesn't flush right down the toilet during major economic strife. The Visa charts I'm finding all conveniently end around 2010. How did they do during 07/08?

>>56798609
17000 shares of $RITM

>>56803641
Thanks, Anon. I would look into BTC and LINK and keep things relatively simple if you were interested.

An anon in another thread mentioned investing in dividend paying stocks based on your lifestyle, so invest in oil companies to pay for your gas, invest in telecoms to pay for your phone and internet, etc... I like this idea, but I also like the idea of keeping things simple and just loading up on SCHD for a nice stable base.

>>56818022
>investing in dividend paying stocks based on your lifestyle, so invest in oil companies to pay for your gas, invest in telecoms to pay for your phone and internet, etc.
It's a good psychological tool for beginners to see practical the benefits of dividends. First goal is to have the company pay for the service you buy so that you break even. The second step is to profit from them. However, if you're young you should focus on reinvesting the dividends. Time and compounding is what will make you rich.
These companies are also usually good example of stable businesses with "loyal" customer using their products and services daily. Energy, gasoline, food stores, credit cards, phone and internet providers, banks, insurance etc.
Everyday boring businesses that everyone uses and need.

>>56817938
Visa IPOd in March of 2008

>>56817938
They went public in 08 and did fine. I wish I still had those shares

US stocks seem to be all the discussion here.
Any reason for that? Is the USA the best for divvy plays?
Canada has some good yields if you don't fear the collapse of the leaf economy.

Loving realty income

>>56819043
It's more common for US companies to have focus on dividends. Canada is mostly known for their banks having a long history of paying dividends.
Europe have decent dividend payers (many world leading industrial companies and manufacturers in Germany, Sweden, France etc.), but they're a bit more prone to cut in bad times, whereas US have a stronger divvy tradition and want to keep their dividend king and champion titles.

>>56819043
There's some solid Aus companies as well, but as >>56820394 says it's the US that makes it a selling point for investors

>>56820301
I bought 2 more today and 1 SCHD, I looked at SCHD top holdings and noticed PFE was one of the them which gave me the ick, I developed a loathing for Albert Borla and pharmakikes in general.

>>56798643
I am in XOM. I have been slowly accumulating shares and have been happy to buy and hold indefinitely. I also have been liking DHT. They are not necessarily oil, but they are involved with the shipping of natural gas and I find to be a good play on energy. They also pay a decent dividend, but it can be erratic which can be a feature rather than a bug.

>>56800193
I’m in Sunoco. Been doing pretty good so far.

>>56810756
Based

>>56820301
O is pretty cozy. I have been planning on picking up more in the future.


I have been selling cash secured puts on Medical Properties Trust MPW for the weeklies. The premium is pretty good, and if I get assigned I don’t mind holding MPW too much. They already went through their dividend cut and I couldn’t see them falling much lower.

>>56818022
I'm trying to get a nice, solid base - say, $10k - in a couple nice, boring etfs like SCHD and DGRO before I start putting money in satellite positions. I'd like probably 80% of my account to be broad ETFs.

>>56797383
Reminder not to ignore international. The average of all stocks is 3% divy let alone the good ones

>>56799127
36% VTI
24% VXUS
16% IUSB
20% IAGG
4% VWOB
Average right now is about 3% divy

>>56819043
US citizens get taxed on divvies from other countries.

>>56819043
Is has been on a massive bull run since the financial crisis. It's made a lot of people cope that the S&P is all they need. There is a metric ass ton of research that has shown this is a bubble and almost only comes from valuations.

It's just performance chasing. And ignore the fags saying we have to pay taxes on international. We're allowed to wave our foreign tax credit so whatever we get taxed over seas gets waved from our actual taxes here. Theres a limit but you gotta seriously over weight them to hit it

I’m a little late and new to this, but I feel like I got good picks, Schd should do good in the long run… hopefully

>>56825026
You have some great shit here.a great mix of mega stable dividend growth machines, and low yield high dividend growth stocks. And a nice 100 share lot of SCHD that will net you 1 next quarter.

>>56798589
There will be some years where your nasdaq or S&P500 loses 20% of its value. Thats why its good to have dividends, as it pays you in down years.
Also, part of the reason you invest now is so that you can get dividend growth, versus cashing out and having to invest in some 3% fund or what not.
For example, VZ here the other day had around an 8% yield. Throw in some covered calls and it is basically guaranteed to beat the average stock market return.

>>56797691
consider VZ and DOW as well.
VZ won't go anywhere ever and is moving into wireless internet, which is inevitably where internet service is headed.
DOW, it is basically a natural gas proxy, as most of their feedstock is NG. So when its high compared to oil/coal, they lose and inversely win. Right now they're paying like a 6% dividend, but also likely to shoot up to 70$ in two years from its 51.5.
Whats even better is that you can sell OTM covered calls to further pad incomes.

>>56798589
Look up tobins q. Buybacks are just a way to cook the books on balance sheets and it costs future growth

>>56799127
Sell covered calls on your stocks, as they aren't taxable. I choose something like 2 weeks out and usually 2% OTM. Doesn't net huge gains, but stack pennies for 30 years and see what happens.

>>56825026
SCHD is basically a way to not lose money. A lot of the oil and chemical companies vacillate in value and yield depending on how their feedstocks are priced. Everyone sees XON or OXY shit the bed and run for the hills, then two years later they're 2x their lows.
Go figure out which ones are in the shitter right now and buy those, and then sell OTM calls on the way up and pocket extra yield.

>>56825140
I’ve decided to throw 100 bucks at each of these every month and see where it goes

>>56826032
I’ll take a look at both of these. Any suggestions are nice

Current divvy portfolio:
Exxon
Equinor
Munich re
BASF
Main street capital
Ares capital
PepsiCo

On the wish list:
Siemens
Microsoft
Visa
Abbvie
Costco

>>56806381
you are doing yourself a HUGE disservice dividend wise by holding Apple over Abbvie.

>Apple stock price 189.95 dividend .96cents
>Abbvie stock price 142.39 dividend $6.20

Plus apple is run by a faggot

>>56826009
I thought about doing this but I couldn't reconcile it with myself because I wasn't sure what I'd do to make up the lost money.

> sell OTM covered call, collect premium
> stock goes up, call bought, I lose my shares
> no guarantee that I'll be able to buy new shares at the higher price, let alone break even on shares and premium

I was concerned I'd just be moving capital between my cash sweep account and actual shares. I did sell a couple puts on AAM and a single covered call on my SCHD (SCHD is the only one I have more than 100 shares in), but the AAM stuff was only worth like $20 and the SCHD was also not that much premium and could only be exercised once a month.

I might do covered calls again when I get more QQQ but right now I only have like 58 shares of it.

Friday

Dividends are irrelevant in an idealized market — one with no mispricings that you can reliably exploit, no taxes, no transaction costs:
https://www.youtube.com/watch?v=f5j9v9dfinQ

>The researchers are wrong
That's very unlikely. If you proved that Miller and Modigliani's famous research on dividends was wrong on its own terms, you'd quickly become a celebrated intellectual.

>But real markets aren't ideal
You're right. Keep reading this.

>But there are mispricings I can reliably exploit
Then make money by exploiting your special knowledge of stock valuations. Don't worry about dividends per se.

>But tax treatment of dividends is significant for me
Fair enough. Seek or avoid dividends based on your tax situation (but as little as possible, because it's valuable for your portfolio to be broadly diversified).

>But transaction costs are high for this stock (for example, it's not publicly traded)
Fair enough. Dividend policy might matter in your case.

>But pushing the "sell" button is so much work
No it's not. If you can handle buying securities, transferring money to and from your bank account, and reading an investing forum, then you can handle periodically selling shares.

>But dividends prove that the company is making genuine profits, that its management actually works for the shareholders' benefit, etc. etc.
Every investor can see that. So either it's already reflected in the price or it's a special case of "but there are mispricings I can reliably exploit."

>But some stocks have steady dividends, whereas the price at which I can sell shares fluctuates and is sometimes very low
Every investor can see that. So either it's already reflected in the price or it's a special case of "but there are mispricings I can reliably exploit."

>But I just like dividends
That's fine. But some people reading this thread want to maximize their investment returns and would benefit from knowing about the science.

>>56831080
>dividends irrelevant
>posts links that praise dividends for their relevance
What did he mean by this

>>56831594
What did Ben Felix say about their relevance?

>>56797466
>Not all high yielding companies are value traps.
>tobacco
no wonder nobody comes here

>>56831080
thank you for your advice, i hope you're also posting in all the other threads to warn those guys about their poor investment decisions as well

>>56831080
Dividends themselves are just an arbitrary transfer of money from the company to shareholders. They mean nothing.

But what most people really mean when they say "dividend" companies are established, low growth, but profitable companies. As long as you don't confuse what you're actually looking for its fine.

Ideally this category of companies should have another name.

>>56831793
No, retard. The point of focusing on dividends is for the income.

>>56831793
>But what most people really mean when they say "dividend" companies are established, low growth, but profitable companies.
I'm skeptical of "most," but I think it's true of many people. The category they truly mean includes steady dividend-paying stocks, but also Berkshire Hathaway, which hasn't paid a dividend in decades. Maybe "profitable large-cap value stocks" is roughly correct?

If the dividends are taxed then I ain't interested

>>56832142
No way to get money out of stocks without being taxed.

>>56797383
My plan is to put 4k/month into schd. When do I make it?
>already at 150k (lump sum)
>that's my property tax right there

>>56832536
in about fifty years

>>56797412
>sells intc @ $30/share
oops

>>56832644
That’s fine. I miss out on stock appreciation every day. If they cut or suspend, I sell. Simple as

>>56797383
>Dividend investing
RIP your principal, midwit

>>56831080
This thread has been blessed by the anti-dividend autist.

>>56832074
Dividends don't require income. They are literally just money moving from the company to shareholders, nothing more. A money losing company can pay a dividend just by selling assets.

>>56833649
I'm pretty sure he means that he invests in dividends so that HE gets income, not the company.

Avoiding shitty dividend companies that would do things like run up debt to pay dividends is pretty easy to do with a little research. If your argument is "well there could be shitty dividend companies," I'd remind you that Enron was a thing and so was Lehman Brothers.

Due diligence helps avoid the issue of crappy companies.

>>56832129
Nobody is thinking of Berk when they say "dividend companies."

>>56833697
>HE gets income, not the company.
There is literally no difference. If you own 0.1% of a company that has $1mil cash you have $1k. If they pay that $1mil in a dividend you have $1k. There is no actual difference. Its just money in one account vs another. That is what I'm saying, people get caught up thinking dividends = income. Dividends themselves, alone, mean absolutely nothing. They are a made up accounting thing. They are only useful as a screener and its important people remember that because in the end you have to verify the companies you buy are fundamentally sound regardless of dividend or dividend history. And there are established, constantly profitable companies that might to buy backs instead, and you are completely excluding just because of some arbitrary reason like they don't pay a dividend. In fact a buy back is literally just a reinvested dividend. It is the same thing but with individual tax advantages.

>>56833774
i admire your dedication, anon.

Slowly investing in SPYI and UTG. I know someone in one of these threads mentioned buying QQQY and while the yields are very appealing it seems really risky. Any opinions on QQQY?

Should I buy IBM, Apple, or Intel for my portfolio? I already have Microsoft and I feel like I should have a little more exposure into tech.

>>56833774
You are too stupid to be able to solve the captcha. Your a gold subscriber

>>56833649
Shut the fuck up bot and fuck off.

Is there something to just buy and get divinds from? I mean similarly to how a boglehead just buys the sp500 and thats it. I don't want to spend any fucking time on this, just put my capital and recieve dividends. What's the best thing to buy? Im assuming the best would be an ETF or index fund that has the lowest fees possibles and has "dividend aristocrats" or whatever the fuck.

The sp500 index fund that delivers dividends only pays 2%, they could pay 3% and still be able to make money. Indeed I was thinking about just buying the sp500 index fund by vanguard and just liquidate manually 3% yearly.

>>56835057
SCHD it’s an etf from Schwab. They hold 104 different companies with a focus on good starting yield and good dividend growth

>>56832536
DRIP calculator with
>8% annual share price increase (less than last 10 years)
>$4k/mo investment
>150k initial
>20% tax rate (max qualified dividend tax rate)
>10% dividend growth rate (13% historically)
$1.2m investment after 10 years, and $40k annual dividends. $2.36m after 15 years, and $89k annual dividends.

>>56797383
I think something important to mention after reading through a lot of these posts mentioning 'dividend vs growth' is that dividend companies are often also companies that have high growth aspects... like Visa. You don't have to sacrifice growth to benefit from dividends and dividend growth. Some people consider Apple to be a dividend growth company.

>>56831080
Growing up I played GTA: Vice City, and when I could buy real estate and make passive income, I just had to drive around and collect the cash, I knew thats what I wanted to do. Bang hookers and collect cash.

TLTW

>>56835358
I'm just kidding on the hookers part, I like going in without a raincoat, and the hooker lifestyle doesn't align with that. My current girlfriend is pretty sweet too and I don't think she would like me banging hookers.

I just picked up some MMM today, paying 6% divvies and looks undervalued as fuck. People will always want tape.

>>56835109
>SCHD
So I just go all in on this? It's 400k€. What's the yield?

>>56835458

>>56835109
I was looking at this:
https://www.youtube.com/watch?v=1ANirdrlbEc

Im from Spain and I have 400k€, so I would need around 25k€ for a decent monthly income. Well you have to factor in taxes, so that's around 20%, so let's say around 20k€, that's 1600€ a month which the average person makes, not bad if I can get that as a NEET and still profit from compound interest. So I would reach 25k in around 6 to 7 years. Thoughts?

Should I just go all in on BTC or some shit? If I could do a quick 2x, that would be fucking fantastic, then I get the fuck out and go all in onto SCHD and life would be good.

Im even considering buying the Vanguard Euro 20 which is similar to TLT. Im expecting lower rates, so these long term bond funds are bottomed as fuck, so the idea is that they will go up. How much? well, how much of a margin of lowering of rates there is? I guess I could make a 30% realistically without too much risk?

I just need to do some decent risk:reward moves to speed up this process, I cannot wait 7 years to get 25k a year.

>>56835641
Don’t gamble that huge nest egg away trying to 2x. Throw it into dividend growth and sit back and let it DRIP and compound. If you do that you will shave years off of having to work

Anybody else slurp Tuesday's earnings dipperino on BNS to lock in a 7.3% yield and an immediate 6% gain?

That's my 2nd lucky slurp after my DRIP hit at exactly the 52 week low and bought like 7 shares.

>>56833774
I can't tell if you're genuinely an idiot or a masterful troll. And I can't decide which is worse.

>>56835676
But what's the point? why not just buy the SP500 so I don't have to pay taxes on dividends and buy shares myself. If I get paid dividends its to do whatever I want with the money, not just reinvest it all, there are accumulation index funds for that.

>>56835880
> why not just buy the SP500 so I don't have to pay taxes on dividends and buy shares myself.
You can do that too

>>56835880
Roth IRA

>>56835880
You'll have to pay taxes on something if you ever want to use the money you invest.

>>56836128
yeah but you have to file taxes for each dividend payment and rebuy shares yourself, why the fuck do this when sp500 does it automatically

>>56836348
You don't have to do it if you don't want to.

>>56828160
In the Roth it gets tricky because you can’t use margin. However you should make more than you get busted.
If you have margin, then that’s different.

For example, I would invest my cash in ONEQ. Then sell naked calls on QQQ. so lets say I had 100k in oneq, I’d sell 75k worth of calls. Then when I got within 2$ of my strike price I’d buy qqq. If it kept growing I’d get assigned and make a few hundred bucks. If it dropped, I’d sell atm calls.

>>56798589

because its always about return on investment, enjoy your GOOGL stock which has stupid board managers who opens up fancy cantinas with 100$ Avocado toasts for their wagecucks and shitting on the shareholder

>>56835641
>Annual contribution: 0
Take the index fund route then if that's easier and less taxed. How did you get your 400k anyway? Inherited it?

>>56836348
I just have my wife do it.

If she didn't, I'd hire a tax guy.

Its not worth my time to pay attention to. I honestly don't think it's worth my wife's time either, but she thinks it is.

In any case, our investment needs are clearly different. I want income upfront and the ability to have a steady stream of income without the need to sell anything. For me, that's worth having someone else do a few extra tax forms.

>>56836705
I don't mind the idea of selling covered calls or puts, but I'm definitely uncomfortable with the idea of using margin. That might be something that changes with time, but for now, I just do t have the necessary experience.

>>56834660
I feel like IBM is in a dip and poised to take advantage of a lot of near future tech advancements. But I also think MSFT is just a solid all around company with excellent long-term strategy.

I would go for either of those, but that's just my opinion.

>>56838217
youtube, i got demonetized recently so im not making any money, i need to invest it since im too tired to work for 1000€. been trying not to kms.

>>56839792
Disgustingly weak-minded.

>>56820394
Yep, solid banks here. That said, I still limit my exposure to them. Same for O&G, not going too deep into any one industry.
>>56821451
ASX: RIO is so nice to look at. Gotta get me access to that. TSX: XBM is the most exposure I could find in leaf land.
>>56824606
Sucks. Tax free accounts are super sweet. Pretty sure Canada even gives some preferential tax treatment to US divvys. We treat our rich well up here.
>>56824864
Same cope here. Taking it slow and only building holdings in leaf listed stocks. International (heavy USA) is after some GIC/bonds counter weighting. Leaf stocks are starting to carry too much risk.

>>56835775
Well done.
Why BNS for you?

>>56835775
Congrats on the nice timing anon. I was getting into ABR myself. Did a tasty +10% in 2 days. The CEO bought $500k of shares at $12.something a few days ago so I figured he must know something I don't and now here we are.

MREITs (the non-retarded ones, don't buy ARR or ORC or something stupid like that) or similar real estate stand to gain a lot from rate cuts I think, they're on bargain sale right now as long as the Fed hasn't cut yet.

>>56840326
I work there (not an insider, just a low-level excel cuck) and they match 60% on up to 6% of my salary, the plan has no commissions/fees and allows fractional shares to accumulate, the dividend yield is high to start with and they give a 2% discount for DRIP. So if a share is normally $60 with a 7% yield, I view it as buying it at $37.5 with an 11.3% yield (more like 11.5% with the DRIP discount) and immediate capital gain of $22.5.

I happened to think the recent dip was overblown because the bank was too conservative with their accounting of loan loss provisions, the market seemed to immediately key in to that when the other banks reported and had much lower provisions. Now they are viewing that money more as deferred earnings and less as a loss. I took advantage of the dip and moved some money around, transferred shares I already had unregistered into my TFSA without realizing a capital gain and deployed about $2000 cash into additional shares.

BNS has been paying dividends each year since before Canada was even a country and increases them often.

>>56840466
Reasonable due diligence. Understandable logic.
Taking advantage of perks.
...but dude, dividends are irrelevant.

>>56840512
I happen to like dividends in this particular case. As I said, they are in TFSA so there are no tax implications and they offer a discount for DRIP which is an additional gain for me. Management has shown that they are retarded with buybacks and do them when the share price is too high. I don't have to rely on their shitty market timing to get compensated with dividends, it happens on a scheduled quarterly basis.

It won't be too many years until my dividends from BNS exceed my annual salary, and the way a TFSA works means that the contribution room will keep growing as I withdrawal them tax free to do as I please.

Selling stocks to make withdrawals would incur commission fees which are common in Canada unless you use 1 of the 2 dogshit brokers that offer free trades.

Dividends are incredibly powerful in Canada thanks to the TFSA.

>dividend investing

I hope most of the people itt are 60-70yo otherwise you're dumb as shit

>>56840700
this poster is a retard.

I started dividend investing back in September.

I'm now up to an estimated $361 per year in divvies. So close to $1 a day, and it really didn't take very long.

By the end of the year, I'll be past the $1 a day mark and I will have met my goal of having three different five figure income streams.

>>56840700
>he didn't invest in 40% dividend yield

>>56840700
Why? The earlier you begin the earlier you can retire and live off of divvies.

Dividend newfag here
I'm located in east EU and I want to start investing monthly.
My goal is to accumulate mid 6 figures in 20 years
>What site/app should I use, what do (You) recommend?
>Should I go all in on one thing or diversify a lot?
>I'll start small and invest monthly a set amount
>Any starter tips that you wish you knew before you started?
>Can I just pump money into S&P 500 and forget about it?

>>56841743
>Should I go all in on one thing or diversify a lot?
Diversification for its own sake is bad because it's taking resources away from your best idea to put it in your second best idea, third best idea, and so on.

But there's 2 problems with concentration. 1 - you might pick wrong. 100% Apple was a great portfolio the last 20 years and it would be hard to do better. 100% Lehman Brothers was not. 2 - events outside your control can ruin an otherwise good choice. If Apple HQ had got hit by a meteor you would have been pretty upset.

There's a lot of really bad stocks in large indices that you don't want exposure to so picking above-average stocks isn't necessarily that hard. But if you don't have any ideas you're convinced will beat the market then just keep everything in a relatively diverse ETF like VIG until you do.

To mitigate risk I think you really want at least 5 relatively uncorrelated positions (different industry, different nation, etc.). So when you do come across something you think will be a better investment than a broad index you should probably keep it less than 20% of your capital.

You probably don't want to pursue more than 20 or 30 individual positions even if you think they're all really good. At that point keeping track of them all to be sure they're still good investments each year will take a lot of time and effort that's probably not necessary.

>>56841743
>>What site/app should I use, what do (You) recommend?
any of the big professional brokerages will be mostly fine
>>Should I go all in on one thing or diversify a lot?
keep your focus narrow when you're just starting. index etfs are good for this. maybe try picking one or two stocks for the sake of practice
>>I'll start small and invest monthly a set amount
sensible
>>Any starter tips that you wish you knew before you started?
losers average losers
>>Can I just pump money into S&P 500 and forget about it?
yes but that's just bogleheading and not really a dividend strategy

>>56840700
>70 years old
>go all in on SCHD for a 3.6% yield
>get paid for like ten years then die

>30 years old
>go all in on SCHD at an initial yield of 3.6%
>DRIP for 30 years
>now yielding something like 10%

Time is the dividend investors best friend.

>>56841743
>what site do you recommend
I use fidelity. I tried Public and they use a clearing house called Apex that charged $75.00 to withdraw any money. M1 also uses Apex so I'd avoid them and their surcharge if possible.

>should I diversify
Yes. You don't need to overdo it but putting everything in one place means your money will always move with that company.

>ill start small and invest a small amount
Dollar cost averaging is great

>any starter tips
You don't need to be an expert right away, but you do need to develop your expertise. Don't just watch YouTube videos or whatever.

>can I just pump money into the S&P
Nobody is stopping you and it is a great financial benchmark, but it's not the path that most people take.

What are your favorite sleep well at night companies?
I really like next era energy. An aristocrat with a sound business and relatively high dividend growth for such an established business

>>56797383
How do I make it with 8k to invest?

>>56844764
>O
>MAIN
>MSFT
>SBUX
>JNJ

>>56797679
How did you set this up? Why buy these biweekly?

>>56844787
SOXL calls

>>56797383
For once, a based general on /biz/ that isn't shilling heavy bags. I look forward to seeing more of these and learning more, since I'd like to build a conservative but diversified dividend yielding portfolio with returns from higher risk investments.

>>56844897
I also have O, MSFT, and JNJ

>>56845062
What are you thinking about accumulating

>>56799014
Dividend-sisters, our response?!

>>56845610
How is O so based yet gets so much shit?

>O is too big and can't maintain growth!
O starts investing in new ventures like recreation realty and datacenters

>Now O is doing weird things that I'm uncomfortable with and they can't afford it!
O sells shares instead of taking on debt to buy controlling stakes in Spirit and the Bellagio

>Now the O share price has tanked and my buy-and-hold stock is temporarily worth less money!
Then sell so I can buy it cheaper.

People are absolutely spastic when it comes to this stock and I don't know why.

>>56846021
>How is O so based yet gets so much shit?
it gets shit because it's based

>>56844764
I like V and MA for finance. Less risky than banks and their margins are pure insanity.

AAPL has a strong tech business and I think MSFT has more than proven itself, too. If they fade away a bit and become the IBM of today then worse things have happened.

O is the obvious real estate option. NNN might be a good alternative if you want more focus on the US defensive consumer retail piece with the same triple net business model and dividend focus. I added some NNN to counterbalance O getting more experimental lately.

For big oil I think CVX is the most solid. Less focus on debt-fueled expansion and more focus on shareholder yield and a strong balance sheet. Makes sense why it'd have the Berkshire stamp of approval.

Defense I like GD and LMT the best but NOC is pretty comparable. US defense contractors aren't going anywhere plus it's a hedge against government overspending because the worse the pork barrel gets the more money you'll make.

>>56848519
I hold visa in my Roth dividend portfolio. Thinking about starting a little pile of MA in my taxable accounts