If you had a lot of cash money on the sidelines, where would you put it for income??

Handle123 · Apr 12, 2020

98% of stocks must offer dividends for my models to buy, no dividend stocks for longer term selling short stocks, and shorter term durations only done after dividends.

Find a stock screener and every month check out which offer best and sound companies.

https://money.usnews.com/investing/dividends/slideshows/best-dividend-stocks-to-buy-this-year

Learn how to trade covered calls, so between dividends and options, you can generate more.

Nobert · Apr 12, 2020

Well, building a list of 100+ names, that performs great so far.
Could make my ,,own ETF'' out of it and see how it performs in the next run, will it beat Snp etc.
By the end of the test (10 years), i would be 40. That's still +50 years to go till Warrens age.
Enough of time to make some safe play out of it.
But that would be only 20%~ of portfolio.
Then 20% in SnP.

The rest active swing-trading.

Here's the important part.

Cabin111 said:
If I was 30 years younger I would wait 6-9 months and find some retail property (with a good anchor store) and ride it out. But I'm not...Going on 65, it is what it is.

65 is nothing.
it's the new 50.
(my grandpa, 82, with the axe, kicking the s out of wood logs in his village)

Strong breakfast, good mood, sun is rising and to the stadium.

Timestamped :

trend2009 · Apr 12, 2020

in this 0 interest era, achieving 2% is not that easy. so bad.

gaussian · Apr 12, 2020

Handle123 said:
Learn how to trade covered calls, so between dividends and options, you can generate more.

Why not just sell puts. Covereds are not capital efficient.

andrew black · Apr 12, 2020

Come to Canada. You can still get 2.80 - 3% promo savings rate with small banks and credit unions. The exchange rate is great as well.

Sig · Apr 12, 2020

One idea, if you haven't already put solar panels on your house and business. After taking into account the tax credits and the fact that you're using after tax dollars to pay your electric bill, you may find a pretty decent IRR depending on how much your power costs. Not a huge investment, but depending how big your house/business is you could easily get to $50K.

Girija · Apr 12, 2020

Pick dividend aristocrats with low debt and write puts. AT&T gives 2 dollars per share as dividend and trades at 30 now.

dozu888 · Apr 12, 2020

This is the ‘f’cking question’ I been asking since 2016 and nobody can answer.

qqq is the only game in town.

Cabin111 · Apr 12, 2020

Girija said:
Pick dividend aristocrats with low debt and write puts. AT&T gives 2 dollars per share as dividend and trades at 30 now.

I also own A T & T...I was going to put it on the list in the beginning. But because of the debt and the number of employees it was a concern to me. One more BIG word...DIRECTV!! They really overpaid for that one. How many people will drop their Directv and landline now??

Cabin111 · Apr 12, 2020

Sig said:
One idea, if you haven't already put solar panels on your house and business. After taking into account the tax credits and the fact that you're using after tax dollars to pay your electric bill, you may find a pretty decent IRR depending on how much your power costs. Not a huge investment, but depending how big your house/business is you could easily get to $50K.

Yeah, I looked into this...Even called a company the other day about this. The ONE thing I want with my system is a Tesla wall storage unit. I am willing to pay the price for it. No one installs it in my area. The wall unit (battery pack) is the best in the industry...Best thing Tesla makes (in my opinion). It is even priced 20-40% higher than other units...It is that good. I also own stock in Panasonic. The reason I took a fly on Panasonic was because of their batteries with Tesla.