how to buy stocks each month and get paid monthly

Scrapman

Scrapman

Rollingdembones
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Jan 6, 2013
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ok lets use 7 differnt stocks starting this month in dec

stock #1 dec pays out in march ---june and sept.

#2 buy in jan pays out may -aug. - nov and feb

#3 buy feb pays out may aug nov +#2 and feb + # 2
#4 in march pays out in june +#1 sept +#1-- dec-

# 5 april pays out July oct. feb +#2 may + #2

#6 bought may pays out aug +#2 nov +#3 feb +#2 &+#3

#7 bought june pays out sept +#2 &# 1 dec +#4 and march +#1 then in aug +#3 +#2 +#6

yes prices go up every month per 1 unit but you will have more $ to buy more units n think about #7 paying you +3 others some are high rhight now at $45 per unit

so 5 units will cost you $225 i dont know how much you get paid per unit profit could be $5 or $10 or maybe $100

only your results will show in other words make your money work for you instead of you working to make money

like right now i'm making about $2000 per month i be done working after 6 months collecting who knows what like why work for $2000 when i get paid that every month plus more

on may way starting this month
 
The Joker

The Joker

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Scrapman said:
ok lets use 7 differnt stocks starting this month in dec

stock #1 dec pays out in march ---june and sept.

#2 buy in jan pays out may -aug. - nov and feb

#3 buy feb pays out may aug nov +#2 and feb + # 2
#4 in march pays out in june +#1 sept +#1-- dec-

# 5 april pays out July oct. feb +#2 may + #2

#6 bought may pays out aug +#2 nov +#3 feb +#2 &+#3

#7 bought june pays out sept +#2 &# 1 dec +#4 and march +#1 then in aug +#3 +#2 +#6

yes prices go up every month per 1 unit but you will have more $ to buy more units n think about #7 paying you +3 others some are high rhight now at $45 per unit

so 5 units will cost you $225 i dont know how much you get paid per unit profit could be $5 or $10 or maybe $100

only your results will show in other words make your money work for you instead of you working to make money

like right now i'm making about $2000 per month i be done working after 6 months collecting who knows what like why work for $2000 when i get paid that every month plus more

on may way starting this month
Click to expand...

This is really well thought out. I appreciate you sharing.
 
WhatsHisNuts

WhatsHisNuts

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Scrappy: I have spent a lot of time researching dividend investing and it is now my preferred way to go. Like most stuff, there is a lot of nuance. I am currently using the DRIP strategy (Dividend Re-Investment Plan) in both my brokerage and IRA. I'm trying to get that snowball big enough so that I can have dependable income in retirement and not even worry about touching the principal.

The key is to find companies that offer consistent dividends while still providing opportunity for growth. That's a lot tougher than it sounds because one of the reasons they are paying out their shareholders is because there just isn't a lot of runway for internal investment. These companies often don't have a high dividend yield.

Here's a list of companies that have increased their dividends for at least 25 straight years: https://www.dividendgrowthinvestor.c...istocrats.html

Try not to get sucked into the yield trap. It's easy to perform a stock screen and sort by dividend yield, but there is a reason they payout a high percentage and it's usually not a good reason. You'll also want to consider the tax implications. I like REITs a lot because they have to payout 90% of their profits to shareholders in the form of dividends, but they are (almost always) taxed as ordinary income. For that reason, I keep them in tax advantaged accounts (IRA, HSA investment). In my taxable brokerage account, I invest in individual stocks and ETFs that are taxed at the cap gains rate.

There is a lot of info on YouTube but the guy that I trust most goes by Gen X Dividend Investor. If anyone wants to really get into this, start a thread in the Movers and Shakers section.

Favorite REIT: Realty Income $O. Pays monthly.
Favorite BDC: Sixth Street Specialty Lending $TSLX.
Favorite ETF: $SCHD
 
Scrapman

Scrapman

Rollingdembones
Forum Member
Jan 6, 2013
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south east PA
thanx guys for sharing i now i'll be happy as a rooster in a house full of hens or whatever in 1 year from now out of debt with real estate taxes a great newer car and be able to go n gamble daily in every local casino any limit on craps

buy in for $2000 and win whatever in 6 hours free food huge rewards points free slot pay Like even win just $500 in eaxh day 4 days a week thats $2000 a week and whopping yearly tax free income of $104,000 all used to gamble with
 
kickserv

kickserv

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This brings the total to 89,876.

Yes, Scrapman now has 89,876 different ways to make money. If there is a system, if there is an angle, Scrapman will find it. By this time next month Scrapman will top the "Forbes 100 list", there is nobody better, there just isn't.



Winning Craps, Winning Stocks, Winning Handicapper, it just goes on and on......:0071:0071
 
kickserv

kickserv

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Next step.....get Jack off that stupid Ponzi Scheme crypto currency bullshit.....and get him on the Scrapman train.....get on the Scrapman train Jack, when ya do, we will all benefit. The more money Jack makes, the more Madjack T-shirts he can afford to give away, yep, we all win:spotting:


Do what Scrapman does......it is just that easy.....all aboard the money train.....chooooo choooooox11:
 
H

hedgehog

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WhatsHisNuts said:
Scrappy: I have spent a lot of time researching dividend investing and it is now my preferred way to go. Like most stuff, there is a lot of nuance. I am currently using the DRIP strategy (Dividend Re-Investment Plan) in both my brokerage and IRA. I'm trying to get that snowball big enough so that I can have dependable income in retirement and not even worry about touching the principal.

The key is to find companies that offer consistent dividends while still providing opportunity for growth. That's a lot tougher than it sounds because one of the reasons they are paying out their shareholders is because there just isn't a lot of runway for internal investment. These companies often don't have a high dividend yield.

Here's a list of companies that have increased their dividends for at least 25 straight years: https://www.dividendgrowthinvestor.c...istocrats.html

Try not to get sucked into the yield trap. It's easy to perform a stock screen and sort by dividend yield, but there is a reason they payout a high percentage and it's usually not a good reason. You'll also want to consider the tax implications. I like REITs a lot because they have to payout 90% of their profits to shareholders in the form of dividends, but they are (almost always) taxed as ordinary income. For that reason, I keep them in tax advantaged accounts (IRA, HSA investment). In my taxable brokerage account, I invest in individual stocks and ETFs that are taxed at the cap gains rate.

There is a lot of info on YouTube but the guy that I trust most goes by Gen X Dividend Investor. If anyone wants to really get into this, start a thread in the Movers and Shakers section.

Favorite REIT: Realty Income $O. Pays monthly.
Favorite BDC: Sixth Street Specialty Lending $TSLX.
Favorite ETF: $SCHD
Click to expand...

Good info WHN, I reinvest all dividends and cap gains looking towards retirement when I turn 60 then live off the income
 
WhatsHisNuts

WhatsHisNuts

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hedgehog said:
Good info WHN, I reinvest all dividends and cap gains looking towards retirement when I turn 60 then live off the income
Click to expand...

Scott, glad to hear you are on a similar path. One of the mistakes I made with an old 401k was rolling it into an IRA and not setting up the DRIP. I let it go for a long time without looking at it and had $30k in the cash section. All of that could have been reinvested and compounding, but I didn't know any better.
 
Scrapman

Scrapman

Rollingdembones
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Jan 6, 2013
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south east PA
thx guys just got done car repair tie rods $400 and $65 tomorrow to get alignment car was a bitch to handle differnt road surfaces pulled it left n right after p/u drove home 2 miles way easier handling but because not aligned it jiggles lil bit if drive way it is now tie rods might bust again defintely wear out tires fast

fuking smaller cars today no way to lube joints like we did older vehicles steel ball joints so there is a product called at 205 reseal cost about $12 per 8 ounces order from amazon no aout stores carry it pep boys autozone advanced auto ya just spray it evry where inculding under hood top strut mounts to absorb into rubber and keeep it from drying out

my total cost both reairs omg $1100 car is worth max $2500 retail trade in lucky to get $1000
 
Scrapman

Scrapman

Rollingdembones
Forum Member
Jan 6, 2013
5,854
93
48
south east PA
thanks guys for the positive comments but after all work done with car i couldnt get alignmet the left from lower control arm was shaking and that cost me another $350 to get done car is a plaesure to drive easy one hand at all speeds

so now severe debt 2 payments car loan $480 due and other fawking debts phila parking authority red light bot cam ticket $120

but might get dismissed if i get in court of appeals and show no signs posted when it happened and still no signs in conspicous place on left side where you make a left turn
 
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