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I need some help here. how much initial capital do I need to

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I need some help here.
how much initial capital do I need to have to invest to get 500-700 USD montly passive income?

that would be like my life goal now.
>>
assuming a constant 10% ROI which is possible.. something along the lines of 90,000%

Ofcourse, dont spend all the profits, you have to re-invest some to offset inflation
>>
>>1666986
I meant $90,000
>>
I'd use a 5-8% annualized return to calculate it.
>>
>>1666986
>>1666987
thanks.

another question, let's assume I start from 0 and start with 100 bucks montly, and some average investment profit, like 8-9%.

how long will it take until I'm good?
>>
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>>1666976
Here you go OP. I've done this before, and I'll do it again...

PHK has a monthly dividend of $.10346 a share, which is an insanely high 13.57%. So it would take 4833 shares * $.10346 to get 500 bucks a month. At close today, the price was $9.15 a share, so 4833 shares * $9.15 is a bargain at $44,222. Not bad, eh?
>>
>>1666993
You can't start from $0. I think $1,000 is a standard account minimum. Some are $10,000.

If you start with $1,000 and contributed $100 a month into VOO, you would have $12,636 right now if you started in 2011.

If you started with SPY in 1994, you would have $99,516 right now averaging a little over 8% a year.
>>
if you are playing in USA^ stock markets, my personal target is 100-400% increase per' year(rest is just a bonus)
so just ,make your calculation on that
>>
>>1666996
MEMP pays 22% and $0.54 a share right now.

I think it's gonna go up. Got some big volume buyers in and just waiting for a churn before I buy more shares.
>>
>>1666996
Oooh, PIMCO revolves around toxic junk bonds and mortgage loan baskets. Now is not a good time. Never is a good time.
>>
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>>1667009
>MEMP
yeah, but dat EPS.
>>
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>>1667035
Yeah, I know. That's why I'm only holding 100 shares of PHK.

I like more stable dividend stocks like VZ, GM, GE or M. But I wanted to help this guy dream on a budget :3
>>
>>1667038
>MEMP
reminds me of LTS(lightstream resources) MASSIVE DILUTION. Basically went to Zero for shareholders.
>>
Guys opinions on ETFs/DIRPS versus forex?
>>
>>1667058
>LTS
Oh damn. That graph is painful to look at.
Thread posts: 15
Thread images: 4


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