08-04-2020, 07:54 AM
(08-03-2020, 06:41 PM)NilesMike Wrote: If you are sure you can just buy stocks that rise 3-5% every month then you should do that instead.
LOL
Dammit, I keep trying to do that with some of my port Mike.
I have talked some into giving an income strategy a try. It is difficult to conceptualize the reality that you can generate significant monthly income on boring blue chips stock trapped in a smallish trading range without trading it constantly.
This doesn't replace my DGI core holdings, index funds or an occasional spec play. It does outperform them often though. I don't think my SPY fund is up much over 5% the past two years.