dude, thats all solid and all, but i don't have a mill. so, i take risks. besides, that was a sideline speculatory observation of what i imagine MIGHT happen (good herb). I'm in biotech man, love the volatility... for now. but i hear ya. and if i do stumble of a million big ones, **** it, i'll give you half just for the idea. (before tax obv)
To the young'uns: don't take it too literally about your grrl & Barry. Had to throw that part in there so that the Cuda would feel good about his wknd.
Every day of the week is a weekend for me. I actually prefer week days when most of the morons are in school or working. Surfing alone is a blessing.........
Oh, look, it's Hanna the Critical Princeling. Y'know what, sparky, do some work on your own for once, do some research & stop looking for free rides.
when in doubt Yankee fires up the ad hominem attack copter to fly in the face of facts!! take THAT, thought-out arguments!!!
Number one, I'm not in doubt. Hanna Barbera is in doubt. Numero dos, the guy has put enough shots into me over the SI Forum years that he's (nearly) the last person to whom I'd ever provide anything helpful. Numero tres, he fired up the "ad hominem attack copter" by casting aspersions, not "thought-out arguments," my way, so at least get your Latin gig straight MIS. Wouldn't surprise me at all if you are / were govt employee MIS.
Maybe on this list. However, none are without risk. http://www.forbes.com/sites/johndobosz/2015/05/20/10-great-american-dividend-stocks-to-buy-now/ Edit: 12% still seems to be beyond what I have found.
While there are very few 12% dividend paying stocks over decades, they do exist. PEs are ridiculous and really not a place to park your whole $1mm. NLY must be the subject stock. However, there is a "safer" way to obtain 12%. You find solid dividend paying stocks with a history....and Value. Look at companies with modest PEs that have been around awhile. The theory is that these companies have consistently increased their dividends every year (roughly). When you purchase the stock, set it up to "reinvest" the dividend. The laws of compounding coupled with the dividend growth and the possibility of capital appreciation should get you close to 12% over the long term. This is how I typically invest for my retirement accounts. The taxation as Yankee mentioned certainly helps in non-retirement accounts Now, to get the blood flowing and try to hit some doubles, I definitely get into some short term plays on speculation. If you do some home work on certain stocks or sectors, and pay attention, you can have success (or miserable failure if you become complacent). Plenty of volatility in certain sectors to play in. Biotech and the cloud are some areas I like.
Paying attention ^^ kidz...? JayD hath spake the truthe. Well said on all points, sir, & very nice job of research. btw...."miserable failure" is the only way a trader/investor learns, unfortunately. Life is just that way!
So then the answer to my question posted above is "over a few years. not an annual return". That I agree with. I have several positons that have returned even greater than 12%, reinvesting the dividends, but I have held them for over 30 years now, since 1981....their dividends is financing my retirement now. Life is good retired....but it can get boring, so next spring I will get a part time job (2 days/week). Right now, I bought a new table saw and am making some furniture for the new home. Keeps the brain in motion, what is left of it..... See ya later, morons!!!!
