03-29-2024, 02:33 PM
(03-29-2024, 12:26 PM)Mr1share Wrote: Everyone has there own opinion.
I'm still in the market, I just prefer safety and a guaranteed 5% each month over growth and overvalued investments lol. Give me my 27k a month in dividends and I can live on that.
But at some point all these pumped names will come back to reality, it always happens. I will stick with names like URI, WSO, and ITW, which will outperform most names.
(Does quick math; 27k / month x 12 months = $324k, which is 5% of $6,480,000. Congrats on the big pile of cash!)
Yes you can definitely live on that comfortably. Are you retired?
The pumped names may come back to ordinary P/Es because their earnings have increased. Nvidia's P/E is 75.80, very high, but their forward P/E is 37.45. We will find out in May if they achieved that.