Bud Fox

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Bud Fox

Bud Fox

@FudBoxCapital

Professional Wall Street Banker | Unprofessional Investor | Long / Short Trade Ideas + Market Analysis | Not Financial Advice

Manhattan, NY Tham gia Kasım 2022
53 Đang theo dõi4.2K Người theo dõi
Bud Fox
Bud Fox@FudBoxCapital·
But I want to leave you with this. Think about what the 1k reinvested gets you. It gets you more shares of the stock. So your $10k position is worth more shares than it was before the dividend, and if the stock goes up, your gains are more than they would’ve originally been. Your next dividend will be bigger, and so on and so forth. Just Google it man, the internet is your friend for things like this!
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Friends&Family
Friends&Family@Simpletonville·
@IBuyVoo @KevinSzym You don’t understand how dividends work, how tf do you have a job at a bank? Invest 10k, get 1k in div, now you have 9k in stock 1k in cash, reinvest you are back at 10k invested minus taxes. When you go ex date the share price is adjusted down exactly by the dividend amount
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Bud Fox
Bud Fox@FudBoxCapital·
Yes, you’re right if the share price stays the same or goes down, dividends just eat into it. I’m aware of that, but for the S&P500 I’m fairly confident that the shares will be worth more than they are now, say 20 years from now, meaning the dividends will increase the total return. Really not the hardest concept
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Friends&Family
Friends&Family@Simpletonville·
@IBuyVoo @KevinSzym Fit what argument? I didn’t present one. I stated you don’t know how dividends work. Compounding is based on total return, dividends eat into total return on a post tax basis outside of retirement accounts, inside retirement accounts they add nothing to total return
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Bud Fox
Bud Fox@FudBoxCapital·
@Simpletonville @KevinSzym So do you not know that the S&P500 grows at a rate of 8-10% yoy or do you just not care cus it doesn’t fit your argument?
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Friends&Family
Friends&Family@Simpletonville·
@IBuyVoo @KevinSzym You do understand it’s not compounding at all, if you reinvest you have the same dollars invested as you did prior to the dividend but with possible tax consequences Someone doesn’t know how dividends work
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Bud Fox
Bud Fox@FudBoxCapital·
@KevinSzym Brotha has never heard of compounding🫵🥱
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Bud Fox
Bud Fox@FudBoxCapital·
@Empirebillboard It doesn’t tell me the exact price as I transferred brokerages but it’s low 400s
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Quincy
Quincy@Empirebillboard·
@IBuyVoo What’s your cost basis now?
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Bud Fox
Bud Fox@FudBoxCapital·
@themagesoul There are some good names in there! I would take a deep dive in some of those ETF’s and make sure there’s not too much crossover between holdings if that makes sense
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Carlos Medina
Carlos Medina@themagesoul·
@IBuyVoo This is what I have in my Roth. Some people tell me it’s overboard, and some say it’s good. What are your thoughts?
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Bud Fox
Bud Fox@FudBoxCapital·
@themagesoul Top buys have been $OXY, $MNST, $GOOG, $SBUX, and $MCD
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Bud Fox
Bud Fox@FudBoxCapital·
@PursuingFreed0m That’s because most people in New York have parents that pay their rent😭
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Pursuing Freedom
Pursuing Freedom@PursuingFreed0m·
People from New York love bragging about how expensive their rent is.
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Bud Fox
Bud Fox@FudBoxCapital·
@DailyLoud Me when I see Benny Blanco on the street…
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Daily Loud
Daily Loud@DailyLoud·
Selena Gomez responds “facts” to a post about rumors that she’s dating Benny Blanco
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Logan
Logan@DividendLogan·
Morning investors ☕️ Always be learning and get outside! Might be my life mantra 🤔
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Bud Fox
Bud Fox@FudBoxCapital·
@SmalllIvy I said Dividend “growth” man. High growth companies that pay a dividend. Just because it pays a dividend doesn’t mean it can’t also give you a great return haha
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Rocket Investor💰🚀
Rocket Investor💰🚀@SmalllIvy·
@IBuyVoo Why, why, why dividends? Why not smallcaps like $VB to balance the megacaps in $VOO? Maybe an REIT fund. Or international. Heck, with rates this high, maybe even 5% bonds. But don't give up 2% for dividends when you don't need the money for years.
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Bud Fox
Bud Fox@FudBoxCapital·
@SwanLee1123 I think they added it, I’ll have to check again
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Swan Lee
Swan Lee@SwanLee1123·
@IBuyVoo Too bad Webull doesn’t have drip.
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Dividendology
Dividendology@dividendology·
What would you post?
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Pursuing Freedom
Pursuing Freedom@PursuingFreed0m·
THE DAY HAS COME. My wife and I finally joined the 2 comma club. December 5th NW: $1,001,694.03 🥳🥳🥳 Accounts this includes: -Checking -Savings -Roth IRAs -Taxable Brokerages -401ks -HSAs -529s -Ibonds Properties: -Rental Prop Value (just initial investment) -Home Value
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Bud Fox
Bud Fox@FudBoxCapital·
@DailyLoud Thug’s stomach when he’s getting his 4th meal of the day…
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Daily Loud
Daily Loud@DailyLoud·
Young Thug seen whispering “I Love You” to Mariah The Scientist in court 👀
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Bud Fox
Bud Fox@FudBoxCapital·
@DailyLoud Me becoming a version of myself that I do not know before logging on for another day of work…
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Daily Loud
Daily Loud@DailyLoud·
Lil Wayne says he becomes a version of himself that he does not know for verses and features: “I don’t know what the hell goes on. I don’t know that guy…. I just know he always comes through”
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