GGekkoNCo
Dryer sheet wannabe
- Joined
- Jun 16, 2020
- Messages
- 12
it's pretty inspiring. I listen to dave ramsey rants sometimes (lol) about how if you're under 40 and don't retire a millionaire you would have to be stupid (Which i kind of agree with) But what is really driving me is a potential dividend portfolio where you could literally live off the dividend (for instance a set of 4-6 stocks that pay out over the course of a year) Is it a bad idea to want to live off the dividend income? not right now but I can imagine building a portfolio that covers expenses and assuming one has no debt anymore, this would be ideal? Then again to accumulate enough shares for the dividend monthly payment to be worth it you would probably need to have 200-250K allocated to each particular stock... what do you guys think, good or bad idea to aim for?