OILERMAN Posted July 4 Report Share Posted July 4 9 hours ago, Titandan said: What should middle class and poor people do to prepare for the impending doom? Buy Bitcoin, guns/ammo, and gold, Oman? You don't think lower middle class/poor people losing Snap and Medicaid is a real problem? Link to post Share on other sites More sharing options...
abenjami Posted July 4 Report Share Posted July 4 1 hour ago, OILERMAN said: You don't think lower middle class/poor people losing Snap and Medicaid is a real problem? Can't they just use Whatsapp instead of Snap? ChemEngr79, and OILERMAN 2 Link to post Share on other sites More sharing options...
ctm Posted July 4 Report Share Posted July 4 (edited) 23 hours ago, SleepingTitan said: VOOG really is a combo of boring ass tech stocks and value in an ETF. It also pays a dividend! Good choice for an index. I think the AI run is just getting started and this is a way to play it at a low cost. Edited July 4 by ctm OILERMAN, Titandan, and SleepingTitan 3 Link to post Share on other sites More sharing options...
abenjami Posted July 4 Report Share Posted July 4 45 minutes ago, ctm said: Good choice for an index. I think the AI run is just getting started and this is a way to play it at a low cost. Can we really say it pays a dividend when the quarterly dividend is only 50 cents on a $400 share? LOL Link to post Share on other sites More sharing options...
OILERMAN Posted July 4 Report Share Posted July 4 23 minutes ago, abenjami said: Can we really say it pays a dividend when the quarterly dividend is only 50 cents on a $400 share? LOL Typically more growth means less in dividends Link to post Share on other sites More sharing options...
ctm Posted July 4 Report Share Posted July 4 31 minutes ago, abenjami said: Can we really say it pays a dividend when the quarterly dividend is only 50 cents on a $400 share? LOL The dividend was @SleepingTitan point. Index funds minimize trading, declared capital gains and tax consequences, which is my preference. OILERMAN 1 Link to post Share on other sites More sharing options...
SleepingTitan Posted July 4 Report Share Posted July 4 2 hours ago, ctm said: Good choice for an index. I think the AI run is just getting started and this is a way to play it at a low cost. And in economic downturns, the large cap companies with growth mindset will swallow the weaklings Link to post Share on other sites More sharing options...
SleepingTitan Posted July 4 Report Share Posted July 4 56 minutes ago, OILERMAN said: Typically more growth means less in dividends +17% in the last 12 mos. If you averaged in over 12 mos, you got some good discounts along the way. It was $300 in April when everything was shitting the bed. I don't think there's a more stable ETF out there that matches this growth. If there is, they're probably invested in the exact same stocks. I've messed around with dividends, value, and short-term investing. I match the S&P if I'm lucky. It's not worth the time. I think VOOG will beat the S&P long-term. Dividends are kind of pointless if you have a long-term growth plan. But, VOOG has one! OILERMAN, and ctm 1 1 Link to post Share on other sites More sharing options...
Titandan Posted July 5 Author Report Share Posted July 5 10 hours ago, OILERMAN said: You don't think lower middle class/poor people losing Snap and Medicaid is a real problem? We'll see how it plays out. I'm not super excited about this bill(wanted more cuts) but probably better than what we had before. I think the cuts are trying to incentivize people to work. The system that I've seen in LA is pretty screwed up. a couple people I knew were not working at all due to snap, housing assistance, and transportation. Some (non-handicap) of them even lugged around a wheelchair to get free rides. Anyway, been out of the political loop lately. Just hope the cuts will help the poor and middle class rather than hurt them. At the end of the day, we have no one to blame but ourselves for our financial future. Work hard, do your homework, and gather the proper assets. Bitcoin, AI plays (Nvidia, Tesla, Palantir, ASML, etc), gold, and real estate. I've got at least a little bit of exposure in all these. Link to post Share on other sites More sharing options...
OILERMAN Posted July 5 Report Share Posted July 5 I listen to a podcast that deals with dividends and growth. There is a sweet spot at about 3% where you can still get good growth and get around a 3% dividend yield. My taxable account has around a 3% yield. My biggest holding in my taxable account is VYM(high yield dividend ETF). It currently has a 2.6% yield and has a 10.6% return over the last 10 years. My next biggest is VTI, it only has a 1.16% yield but has a 12.9% return over the last 10 years. You can get both if you don't try to get crazy on the yield Link to post Share on other sites More sharing options...
ctm Posted July 5 Report Share Posted July 5 19 minutes ago, OILERMAN said: I listen to a podcast that deals with dividends and growth. There is a sweet spot at about 3% where you can still get good growth and get around a 3% dividend yield. My taxable account has around a 3% yield. My biggest holding in my taxable account is VYM(high yield dividend ETF). It currently has a 2.6% yield and has a 10.6% return over the last 10 years. My next biggest is VTI, it only has a 1.16% yield but has a 12.9% return over the last 10 years. You can get both if you don't try to get crazy on the yield Forced to choose, long term you are better off with growth than yield. When your RMD hits, you won't need yield. You will be thinking about how to minimize taxes. Bottom line....it's total return that matters. OILERMAN, and SleepingTitan 2 Link to post Share on other sites More sharing options...
OILERMAN Posted July 6 Report Share Posted July 6 22 hours ago, ctm said: Forced to choose, long term you are better off with growth than yield. When your RMD hits, you won't need yield. You will be thinking about how to minimize taxes. Bottom line....it's total return that matters. 70% of my holdings are growth. My taxable account(plus pensions) is going to bridge me from 57 to 59.5. I'm 21 years away from RMDs but I'm going to start moving my 401ks into my taxable account and do Roth conversions at 59.5 to try and lessen my RMDs. I already reduced my contributions to only the match. ChemEngr79, ctm, SleepingTitan, and 1 other 4 Link to post Share on other sites More sharing options...
9 Nines Posted July 10 Report Share Posted July 10 (edited) Group lov Edited July 12 by 9 Nines Link to post Share on other sites More sharing options...
OilerTitanHybrid Posted July 21 Report Share Posted July 21 Well hello again alt account tards! Me and the Mrs. threw about $50 g's (me $26 her $24) into 'dis pos back on 3/24. We plan to add on any drops under the 300 price, if so. Here's my half, posted like I always do! Currently up $7 g's... The market is sleeping on the pos. Once all the products hit the public in the coming years (Autos, Self driving Semi trucks, Self driving Robotaxi, Optimus bot army starts to arrive in 2026 powered by AI, etc.) it's gonna be all over but the cryin'! We're talkin' an NVDA like move up here that makes the previous TSLA move up child's play! Long term trade btw for us, up to 10 years, more if you want to hold longer. Do yo' self a favor and add like mad the next couple years. You'll be glad - that you did! P.S. Don't mind the tard behind the curtain (ol' Muskrat lol) the company gonna be just fine! OTH! Fuckin'! Out! OILERMAN 1 Link to post Share on other sites More sharing options...
Titandan Posted July 22 Author Report Share Posted July 22 (edited) 14 hours ago, OilerTitanHybrid said: Well hello again alt account tards! Me and the Mrs. threw about $50 g's (me $26 her $24) into 'dis pos back on 3/24. We plan to add on any drops under the 300 price, if so. Here's my half, posted like I always do! Currently up $7 g's... The market is sleeping on the pos. Once all the products hit the public in the coming years (Autos, Self driving Semi trucks, Self driving Robotaxi, Optimus bot army starts to arrive in 2026 powered by AI, etc.) it's gonna be all over but the cryin'! We're talkin' an NVDA like move up here that makes the previous TSLA move up child's play! Long term trade btw for us, up to 10 years, more if you want to hold longer. Do yo' self a favor and add like mad the next couple years. You'll be glad - that you did! P.S. Don't mind the tard behind the curtain (ol' Muskrat lol) the company gonna be just fine! OTH! Fuckin'! Out! But but but... it's just a car company. Only thing I disagree with you is that the Tard is Tesla. Remove Musk, and (without another savage at the helm) Tesla will not be the same company. Unless the AI movement seriously implodes or the world simultaneously and permanently rejects robotics, I think Tesla's ascent is all but inevitable. Good call. Edited July 22 by Titandan OilerTitanHybrid 1 Link to post Share on other sites More sharing options...
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