02-06-2021, 10:04 PM
Sorry I missed this response earlier.
NilesMike - I'm going to have to reread that pages several times to fully understand it. But glad to see I'm not the only one fooling around with triple leveraged funds.
Fenders - $2M is the lowest figure I've seen proposed as to living completely off of dividends. I suppose if you put it in AT&T at 7% you'd be making $140,000 a year, but my trust factor in them or Altria isn't super high. One of the things I want to see on this site is someone's portfolio who is retired and living off the dividends. I bet they average out to more like 3-4% yield. At any rate, right now I'm "pedal to the metal" so I'm not looking at bonds. I feel a sense of urgency with 12 years left to age 60.
NilesMike - I'm going to have to reread that pages several times to fully understand it. But glad to see I'm not the only one fooling around with triple leveraged funds.
Fenders - $2M is the lowest figure I've seen proposed as to living completely off of dividends. I suppose if you put it in AT&T at 7% you'd be making $140,000 a year, but my trust factor in them or Altria isn't super high. One of the things I want to see on this site is someone's portfolio who is retired and living off the dividends. I bet they average out to more like 3-4% yield. At any rate, right now I'm "pedal to the metal" so I'm not looking at bonds. I feel a sense of urgency with 12 years left to age 60.