Comment on What can I do with US$10K that is a good investment?

• MrEff@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

  Little under 30k. Bring in about 800 a month.

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  • Grayox@lemmy.ml ⁨4⁩ ⁨weeks⁩ ago

    Ive thought about doing that with my IRA, had the market negatively impacted your yields at all?

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    • MrEff@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

      When it is easy bull markets, I go heavy on growth stocks. When the market is bear, I go heavy on dividends. Right now though there is a high beta turmoil, so I have a mix of both. My IRA is also set up as more od a “leave this alone” investment. My etrade account has my “fuck around and find out” money. I mention this because it is hard to directly compare the two. So far my dividends have strongly out performed the growth stocks, but only in the last 3 months or so has the gap widened. I credit it to 2 specific ones that are getting me 30%-ish yields with stable prices. They are also new etf’s, so the hedge money is still strong before the stripping gets to its prices. I mentioned in a post lower that that my little under 30k is netting me 800/month. Honestly it is paying a higher yield than renting out my condo is getting me.

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      • Captainvaqina@sh.itjust.works ⁨4⁩ ⁨weeks⁩ ago

        Thanks for this, 30% is crazy to me. Which ETFs are these two if you don’t mind me asking?

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  • TrickDacy@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

    ex-date chasing

    Don’t they call that “stalking”?

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    • MrEff@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

      Also yes. More work, worth the pay off, do all you can to avoid commissions and fees.

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      • TrickDacy@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

        Haha I was making a joke about the terminology but I probably should actually do some reading about the topic

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