Started By
Message

re: Monthly DRIP Advice …

Posted on 10/14/24 at 11:26 pm to
Posted by TorchtheFlyingTiger
1st coast
Member since Jan 2008
2920 posts
Posted on 10/14/24 at 11:26 pm to
Aren't BITO distributions generally considered ordinary not qualified and taxed at regular income rates?

Either way, it looks.like its.had a good run recently although I'm seeing a 3 yr total.return of -13.24% so you're right calling it risky. Probably not a sound recommendation for OP considering typical dividend investor is averse to high volatility.
Posted by LaBornNRaised
Loomis blows
Member since Feb 2011
11011 posts
Posted on 10/15/24 at 12:38 am to
Man this has been some great insight. I will keep an eye out on here other good advice and probably start with 2500 a month the first few months to see how I do before adding more.

I’m not against risk but I’ve lost so much the last few years that I’m gonna be careful with falling in love with a ticker or not getting out when I should. I’ve learned some hard but valuable lessons. One being I was up 1,100 % on a penny stock at one didn’t sell a share and lost it all. So yea I’m looking for safer than that obviously and not gambling with the market anymore. Seems that what I was doing more than anything, gambling. Trying to get away from that.
first pageprev pagePage 2 of 2Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram