Is dividend investing the way to make it?

[Anonymous No.23500355]

Hello fellow /biz/nessmen, with the upcoming bull run I'm looking for the best way to store my gains.
I've been doing a lot of research on stonks, since that's probably where I'm gonna put my gains, and recently I heard about dividend investing, which is where you invest in companies that pay great dividends in order to live off them one day.

If I had a 2 mil account I could get paid 100k per year being a neet from dividends according to my calcs.

Is this the way?

pic related: me and the bois collecting our dividends in Hawaii

[Anonymous No.23500384]

>>23500355
Boi why wouldn’t you keep it in coins and stack them?

Why would you feel the need to leave instead of being a whale?

[Anonymous No.23500409]

>>23500384
Crypto is really volatile, and it doesn't generate passive income unless you cash out your coins.

If I had 2 mil in stonks, I'd be getting paid a guaranteed 100k a year, which I can just use to trade all the shitcoins I want. Plus, I don't wanna trade shitcoins all day, isn't the point of making it to not have to worry about money?

[Anonymous No.23500488]

>>23500409
But if the point is to make 100k/year then just open one or two bars/restaurants and you’ll be above that without risking much.

And you can continue to trade in more stable stock markets until you moon.

I’d still play with shitcoins personally. 2M$ is low level money.

And personally I wouldn’t feel safer in a stock market than in the blockchains.
In fact, blockchains are made to be safer.

[Anonymous No.23500526]

>>23500488
Yeah but that's still working, you can collect 100k per yeah for doing literally nothing with dividends, pretty much guaranteed each year.

When I implied stocks were safer, I meant the market, not the technology. Crypto sees huge pumps and dumps all the time, whereas with dividends you won't really care about what happens in the much more stable market since you're still getting paid.

[Anonymous No.23500554]

>>23500355
Based meme

[Anonymous No.23500663]

you need to look into selling options. not buying them, SELLING them. right now the premiums for selling BTC options can easily get you +60-80% per year.

[Anonymous No.23500684]

Gentlemen, I don't think you are understanding my position here.

I am not talking about building wealth, of course this is much easier done with crypto and options, I am talking about storing my wealth, sitting down and being comfy in the country without having to work, while being paid 100k per year.

Of course I would still play stocks/crypto to keep attaining more money, but would you not say I would have made it when I'm being paid 100k for doing nothing?

[Anonymous No.23500723]

release your shit token already or gtfo you retard larpers.

[Anonymous No.23500767]

>>23500723
>con id
If only you had a clue

[Anonymous No.23500792]

look into high yield overseas savings accounts.

"Armenian banks offer some of the highest interest rates in Europe on US dollars, euros, and the local Armenian dram. Deposit US dollars into a one-year term deposit and earn 4.75%. The interest rate increases to 5.75% with a two-year deposit. Two-year euro deposits can earn a staggering 3.75% yield.

The Armenian dram has actually held up quite well against the US dollar in recent years, all while yielding a one-year return of 9.75%. If the dram remains level against the dollar, you can enjoy an ultra-high interest rate."

https://nomadcapitalist.com/2020/03/27/high-yield-savings-accounts/

[Anonymous No.23500810]

>>23500792
Sounds good for my cash reserves so ty anon, but even so, for the majority of my wealth the stock market returns an average of 8% a year, and then I'd be getting paid 100k on top of that

[Anonymous No.23500813]

>>23500355

ye. this is what i'm working towards. atm i make only 4k/y in divvies tho, but i don't need much anyway

[Anonymous No.23500859]

>>23500355
dividends are only good if you have at least 6-7 figs of capital to dump in them and you dump them into stable companies that aren't gonna slash the divvy rates anytime soon.
At least it's better than monopoly money.

[Anonymous No.23500895]

Surf is a scam built by the biggest scammers in crypto who have taken all your money since 2017 with different scam projects they have tens of millions of innocent dollars already

[Anonymous No.23500939]

>>23500895
I was using these pictures because I like chill ocean make it vibes. No clue what the project is.

[Anonymous No.23500980]

>>23500810
It truly is a great way to earn a passive income, are there any companies you're intrested in? because you'll still need to split your investment.

[Anonymous No.23501013]

>>23500980
I'm located in Australia, so most of my stock trading is done on the ASX. I do have an international account though, and will expand that significantly more once my local portfolio is completed.

On the ASX at least, big Australian banks pay pretty good dividends of about 4.5%. I have shares in Westpac (WBC) and Australia New Zealand Bank (ANZ) and they pay $1.6 per share a year.

Any tips anon? I wanna go be comfy on a beach or a remote location without having to worry about "but what if there are no good companies!!!"

[Anonymous No.23501072]

>>23501013
So I'm going to be honest right now. dividends are truly great you know. but you talk about investing in banks, many banks are not allowed in the crona virus to give dividends to their shareholders. because they are recieving wellfare checks from the gov. to keep themselves up. even the biggest company by dividends 'shell' has been recently uprooted because it slashed its dividend payments. you'll need a more stable company right now.

[Anonymous No.23501096]

>>23500663
Selling puts, right?

[Anonymous No.23501112]

>>23501072
Aye, that's true, but right now I think might be the best time to invest in banks as their share price is still so cheap due to COVID. In 5-10 years once my dividend portfolio is complete, they will be paying me a nice dividend, and I'll have gotten in lower than normal.

Of course, I need to add more companies too, any advice on this fren?

[Anonymous No.23501123]

>>23500488
“Haha bro just open some bars and restaurants! It’s totally risk free!”
>>23501013
Its unlikely you will get serious answers here mate, most of the people on this board only have 5k in crypto to their name. I will just assume you have 2 million dollars to invest - maybe instead of going all into some Australian or int stocks that give dividends buy a house / apartment near a university and rent it out. No sense in having all your eggs in one basket.

[Anonymous No.23501129]

>>23500355
>>23500409

>Crypto is really volatile, and it doesn't generate passive income unless you cash out your coins.

You can generate passive income in crypto and bitcoins volatility is decreasing.

[Anonymous No.23501142]

>>23501123
Thanks for the advice, fren. Real estate is definitely something I want to get into once I have more capital. Being a landlord is another fantastic way to earn passive income and in some cases you can get the tenants to pay the mortgage for you.

[Anonymous No.23501165]

>>23501129
yes but is it a guaranteed 100k per year no matter what is going on in the market? Some companies have cut their dividends due to covid, yes, but it goes to show that only the blackest of black swan events could halt the train for only half a year (they're back paying final term dividends).

[Anonymous No.23501174]

>>23500355
Find the blue-chip stocks that have the potential to weather the coming depression. Consider investing in ARKK, which is an ETF managed by a really smart investor named Cathie Wood. What I would do in your position is buy some property and rent it out. That way you get the passive income from the tenants and you can choose to sell the property if you need the money.

[Anonymous No.23501205]

>>23501123
Honestly buying a house and renovating it to have 5 rooms i can rent out for 450,- each. Is what i'm going to do. Anyway if you want a few good calls for investments just go for the too big to fail companies like: 'unilever', national banks, ans such. look into upcoming trends and big players in those trends and invest in a company you believe in.

[Anonymous No.23501221]

Put half in stonks, keep the other half in crypto

[Anonymous No.23501248]

interest rates forced by the feds could drive down your yearly return