>Just buy Coca-Cola stock, collect and reinvest the dividends for 20 years, and you'll be a millionaire
Why doesn't Jow Forums take this boomers advice? It's like you don't want money lol
Just buy Coca-Cola stock, collect and reinvest the dividends for 20 years, and you'll be a millionaire
James Morris
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Austin Torres
What is money?
Aiden Allen
I dunno... some Buffet quotes are out there...
Blake Thompson
I did
Nicholas Edwards
That 7 year old boomer is too old and wrinkly, I prefer to take advice from 8 month old boomers who are more "in the know" of modern economical affairs.
Owen Kelly
taste the feeling
Michael Gomez
or just be an active investor and stop being a passive aggressive pussy faggot
i made 40 million dollar last year it is still possible
Jeremiah Foster
Because the vast majority are lazy pieces of shit who want to be rich in the amount of time it takes to microwave their chicken tendies and lack the intelligence or the ambition to either start up a bussiness to ensure a ongoing revenue that can scale up; or to actively invest and day trade.
Tyler Nelson
Just what the world needs. More Coca-Cola
Samuel Walker
Coca-cola is literally BRAWNDO in Mexico.
youtube.com
Kevin Turner
Hes right thats the way to become rich. The only problem with that strategy is you have to already be rich. Your not gonna invest 10k a year in stocks and get anywhere.
Connor Wright
good advice but id invest in lockheed martin/ amazon instead
Daniel Peterson
>I made 40 million dollar
>dollar
More like 40 million ruppees (500k usd). Still pretty impressive, Pajeet.
Michael Bennett
not a bad idea but being a normie it is almost impossible to build a real passive income from dividends.
Christian Torres
You withdraw 3% annually, including dividends. Your stock should outperform that long term so you still build money while pulling money out.
If you work and invest steadily for 20-30 years you should have enough for this strategy to give you a comfy lifestyle.
David Reyes
I don't want to sound mean but your initial investment must be huge if you want to have a comfy lifestyle from 3%
Jonathan Stewart
Uhh yeah that's why you work and invest steadily for 20-30 years beforehand, read my full post lol
Compounding gains are a wonderful thing if you are committed
Isaac Williams
3% from what? Coke's last dividend payout was .72%....
Mason Myers
That literal poison drinks days are numbered
Ian Cook
Just think, somewhere out there, there's a person who had absolutely nothing better to do with his time than to make this thread.. Really makes you appreciate your own life
Caleb Reed
3% including holdings + dividend. So if the div was 1% you would sell and withdraw 2% of your stock for a total of 3%.
If you have a big enough holding and it appreciates as it should that should last you for life and beyond barring a crash, but if you are diversified even that is accounted for and you should emerge a winner over time.
The market is about trading time for appreciation. Otherwise you would get to enjoy your money immediately.
Jacob Roberts
2 years from now trump puts regulation on sugars in foods. Coke sales take a huge dive as people slowly lose their addiction to sugars and start drinking more water/milk. Coke stocks crash
Jayden Lopez
Until you realize you had nothing better to do than read it...
Chase Bailey
Larp
Blake Garcia
Thid thread got really bad really quickly
Easton Carter
>so many implications