OUR STOCK PORTFOLIO UPDATE | How to Pick Winning Stocks
- Thread starter kej718
- Start date
Ghostface Trillah
God-level poster
Looking at the socks on the thumbnail make me not even want to click play 
fukking GM smhLooking at the socks on the thumbnail make me not even want to click play
Stocks too volitile for me to put too much effort in research and strategies
I just pick companies with products people either absolutely need or don't want to let go and ride it out
OfTheCross
Veteran
I never understood the love affair with dividends.
That's a lot of money to park to get $100
That's a lot of money to park to get $100
Ghostface Trillah
God-level poster
You're looking at it wrong. It's like a company paying you a rental fee on borrowing your money.
OfTheCross
Veteran
Rent is too cheap. I think I'd rather do microloans with the 10K
I don't know where you live but my apartment rent and utilities are like $800 a month combined. If I had $200,000 in investments and averaged 4.5% return on cost in dividends that's paying my semi-fixed cost living expenses almost entirely passively with me doing nothing at all.
I've got a long way to go to get to that level.
OfTheCross
Veteran
I live in Miami so rents are like $2000 here.
I feel you, tho...I gotta get 400K and dividend it up
My dividend return average is 2.4% and I get $405 a year in dividend payments an almost $16,500 in investments. I'm dripping those back into my investments. The entire portfolio is like $20,000 but I own a stock that doesn't pay a dividend so I'm not counting that.
I own stocks like Apple, Disney, and Microsoft that have low yields. I just started investing in late January 2019 though. The stock I own that doesn't pay a dividend is Facebook. I like them but part of me wants to sell those shares and but something that's gonna pay a dividend.
I live dividends because you get paid for holding the stock. Growth stocks like Facebook are nice but the only way you ever get any money from them is by selling the investment. With dividend paying stocks I get to keep whatever capital appreciation I get from the company's growth but at the same time I get a payment just for holding the stock.
I guess the problem is on the dividend payout date the stock drops by whatever the payment was per share but I can live with that.
GM has an almost 4% yield on cost with the dividend. I picked Ford for my car company because it has an almost 6% YOC and the stock is dirt cheap. I was buying in the mid 8 dollar range but now that the stock is $10+ I've held off on buying anymore. I don't really like driving up my cost basis on my stocks so I'm waiting to see if it comes back down.
