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SVTPerformance's Chain of Restaurants
Road Side Pub
Really makes you think that the stock market is rigged
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<blockquote data-quote="oldmodman" data-source="post: 14986651" data-attributes="member: 10303"><p>Hell, if I didn't enjoy "The Game" I would just put all my money into Annaly. it's a Mortgage REIT traded under the name NLY.</p><p></p><p>I didn't buy it to make any profit. just for the dividends. Which have been running 11.28% for the last 11 years. if I threw all my money into them (wouldn't do that because what if they went belly up?) I would be making $297,783 per year. And since i only need a fraction of that to live on I would reinvest the dividends and within a few years I would be getting 500K a year in dividends.</p><p>At which point I would be dead of boredom. And self hatred for letting the Guvmint to tax me to death. Dividends are taxes as plain old income.</p><p></p><p>There are quite a few very high dividend paying reputable companies out there.</p></blockquote><p></p>
[QUOTE="oldmodman, post: 14986651, member: 10303"] Hell, if I didn't enjoy "The Game" I would just put all my money into Annaly. it's a Mortgage REIT traded under the name NLY. I didn't buy it to make any profit. just for the dividends. Which have been running 11.28% for the last 11 years. if I threw all my money into them (wouldn't do that because what if they went belly up?) I would be making $297,783 per year. And since i only need a fraction of that to live on I would reinvest the dividends and within a few years I would be getting 500K a year in dividends. At which point I would be dead of boredom. And self hatred for letting the Guvmint to tax me to death. Dividends are taxes as plain old income. There are quite a few very high dividend paying reputable companies out there. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Really makes you think that the stock market is rigged
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