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re: Retirement investment options and expected return
Posted on 5/10/24 at 10:49 pm to ShermanTxTiger
Posted on 5/10/24 at 10:49 pm to ShermanTxTiger
This is what I would do if I just retired with $1.2 Million, Obviously there are risks so this is not investment advice. Do your own research.
Put $1 Million in BITO and $200K in cash. That's about 40,000 shares of BITO. BITO's monthly dividend might pay $1 or more per share per month. The last two monthly dividends were $1.14 and $1.68 per share.
So your 40,000 shares would have paid you $45,600 on April 8th and $67,200 on May 8th. Even if the monthly dividend dropped to 50 cents, your monthly dividend would be $20,000. Did you ever get monthly pay that high? Plus it tracks Bitcoin like a Spot ETF.
Start living like a really rich retiree after you see month after month of massive pay days of doing no work and all play.
Put $1 Million in BITO and $200K in cash. That's about 40,000 shares of BITO. BITO's monthly dividend might pay $1 or more per share per month. The last two monthly dividends were $1.14 and $1.68 per share.
So your 40,000 shares would have paid you $45,600 on April 8th and $67,200 on May 8th. Even if the monthly dividend dropped to 50 cents, your monthly dividend would be $20,000. Did you ever get monthly pay that high? Plus it tracks Bitcoin like a Spot ETF.
Start living like a really rich retiree after you see month after month of massive pay days of doing no work and all play.
This post was edited on 5/10/24 at 10:57 pm
3
Posted on 5/10/24 at 11:10 pm to 98eagle
quote:
Put $1 Million in BITO and $200K in cash.
Dude
Posted on 5/11/24 at 9:29 am to 98eagle
quote:
Put $1 Million in BITO and $200K in cash.
Putting almost 85% of ones portfolio in ANY single investment (and I don’t care what it is)…
quote:
Obviously there are risks so this is not investment advice.
But since you included that disclaimer, I guess I can’t really criticize you.
Posted on 5/13/24 at 4:43 pm to 98eagle
Not a bad strategy except for one thing ….. risk isn’t part of your consideration
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