DividendMillennial

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DividendMillennial

DividendMillennial

@DividendMil

Stocks, Dividends, Options! Building a community where we can retire early together! Financial Information, Not financial advice Patreon: DividendMil

Massachusetts, USA Katılım Aralık 2023
600 Takip Edilen24.9K Takipçiler
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DividendMillennial
DividendMillennial@DividendMil·
If you want income, buy: $JEPQ $QQQI $JPC $HYB If you want Dividend growth, buy: $SCHD $SPHD $SPYD $PEY If you want stock growth, buy: $VOO $SCHG $QQQ $VGT Don’t overcomplicate it
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DividendMillennial
DividendMillennial@DividendMil·
@0xSnorlax It’s just a play that goes out 1-2 years. So you would buy a leap 1-2 years out
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DividendMillennial
DividendMillennial@DividendMil·
@BuffsMike Could have at least changed it up a bit! That’s the power of leaps…my last line is that’s the power of options… It’s a compete theft. But it’s all good my dude. My friend pointed it out to me
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Investor Diva Mel
Investor Diva Mel@InvestorDivaMel·
@DividendMil Based on my experience, owning Real Estate is profitable, but it is definitely more work to manage. I got out of real estate with the exception of my main home. Investing in the stock market is much easier and I prefer owning liquid assets.
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DividendMillennial
DividendMillennial@DividendMil·
Real estate is one of the best wealth builders out there 🏡 Leverage, appreciation, tax advantages…it’s powerful But here’s something interesting Almost everyone I know who has reached serious wealth levels eventually reduces or completely exits real estate Why? Less headaches Less illiquidity More scalable opportunities Doesn’t mean real estate is bad…it just might not be the end game Take that for what it’s worth 📈
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Bryant Quick
Bryant Quick@BrutusVTI·
@DividendMil Same. I've never messed with real estate but almost all my friends who have and have even made good money doing so, eventually moved more towards stocks because they're a lot more passive.
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CornerStone Income
CornerStone Income@DividendFIREE·
@DividendMil Not yet. Mainly because of the tax burden. It still cash flows approximately $800 per month, so it’s not awful. Just hate thinking about the opportunity cost associated with the equity (assuming it actually sells). lol
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DividendMillennial
DividendMillennial@DividendMil·
Being a landlord isn’t what social media makes it out to be. My rental insurance just went up $700 a year. My sewer bill is up 15%. I’m not raising rent on my tenant who’s been there many years because loyalty matters. But let’s be real… When a landlord raises rent $100 a month, it’s usually not greed. It’s necessary Costs go up. Taxes go up. Maintenance goes up. A lot of landlords aren’t getting rich, they’re trying to stay afloat
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CornerStone Income
CornerStone Income@DividendFIREE·
@DividendMil You’ve summed it up perfectly! I’m a terrible landlord because I feel “guilty” at the idea of raising rents and end up absorbing the annual increases out of my FCF. I can’t wait to sell the thing and be done with it 🙌
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DividendMillennial
DividendMillennial@DividendMil·
@WallStreetApes This is every rental car company. Most of those fees aren’t for Enterprise, they go to the airports etc…Enterprise is the best in the business
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Wall Street Apes
Wall Street Apes@WallStreetApes·
American rented a vehicle for $50 a day for 17 days from Enterprise Rent-A-Car, the cost was $850.00 But then came the fees… - Sales Tax: $92.47 - Concession Recovery Fee: $98.42 - Customer Facility Charge: $45 - Tourism Commission Assessment Rec: $29.75 - Vehicle License Assessment Recovery Fee: $29.75 Estimated Total: $1,151.51 That’s $301.51 in taxes and fees to rent a vehicle This should be illegal
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DividendMillennial
DividendMillennial@DividendMil·
@WarhorseDiv The sewer bill is a once a year bill that we cover. They pay all the monthly utilities. As for insurance, it’s all a scam
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Mike • Investments
Mike • Investments@WarhorseDiv·
@DividendMil I see your point but how does your insurance go up $700 a year and why are you paying the sewer bill? Tenants pay the utilities.
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DividendMillennial
DividendMillennial@DividendMil·
If you’re not buying today, you’re not doing it right 🚨 Everyone wants the perfect entry Everyone waits for “confirmation” Meanwhile…long term investors are just stacking The market rewards consistency, not perfection Zoom out Think years, not days Build now. Thank yourself later 📈💰
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DividendMillennial
DividendMillennial@DividendMil·
🚨 YieldMax funds are a scam. When something promises massive distributions, there are only two outcomes: A) It gets crushed because it’s not sustainable B) It looks fine on the surface but is quietly underperforming the underlying Let’s look at the reality $YMAX is up 5% over the last year…with a 75%+ distribution That means the fund itself has been getting smoked. The biggest trap? $MSTY Early investors made money, late investors got destroyed $MSTY is down 46% over the last year INCLUDING dividends Let that sink in And before someone says “yeah but the underlying was worse” Fine, let’s flip it $PLTY looks great at +47% over the last year Sounds amazing…until you realize $PLTR is up 75% You took more risk, got capped upside, and still underperformed That’s the game These funds sell you income while quietly draining your capital or capping your upside You’re not beating the system, you’re funding it Anything that looks too good to be true usually is Transparency matters.
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Mink
Mink@KMink_24·
@DividendMil Made some of my weekly buys this morning ... because ... why not
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