Dividends and Retirement (early)

[hmgROCK]

Magic number is 8 years from now when my youngest will leave for the world. Would like to accumulate at least 60k-80k dividends minimum. Of course, the more the merrier. I might flip a home just for the exposure and maybe pick up another hustle. Likely will move to a no tax state and use it as a home base since California has the highest long term capital gains tax.

No doubt social security will not sustain my lifestyle when the threshold is here but that will be a nice bonus hopefully.

Yea than you want to slowly start transition to more safe asset
Like bonds, government treasury, CD etc...

$1,000,000 at 4%= $40,000 per year is pretty good

Rates just suck ass these days
I was lucky to luck in that 2.8%
Before shyt went south

  . Lucky thats all

[Cali Guy]

aabb

rolling out dividend for a penny stock in early may

 

Buy low, pop and sell 

but no one is holding a gun against your head 

I don’t have anything against penny stocks and I have invested in penny stocks recently that are no longer categorized as penny stocks. Gains are gains from penny or blue chips. I’m just not thirsty for aabb.

[hmgROCK]

I don’t have anything against penny stocks and I have invested in penny stocks recently that are no longer categorized as penny stocks. Gains are gains from penny or blue chips. I’m just not thirsty for aabb.

too risky for my taste
i'm just buying those dip on them blue chip and ETF
for a quick bounce..... and a few buck!!

[theking]

You keep talking bonds, lets see your bonds’ yields?

You WON'T because it's as much of a LIE as his other LIES...

That's just how it is with all talk, no walk type folks...I mean so far ZERO "stamped date and time" from him...