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RE: Living Off Your Yield Instead Of Your Principle

in LeoFinance5 years ago

I've made peace with the fact that it can all go to zero, and I don't lose sleep over anything that happens in crypto; in fact, I sleep pretty well

Lucky you!

Now back to the topic.

I have noticed how much better life is earning from multiple streams. Currently, I earn from Leo, hive, and now cube. I am generating enough to even dabble into stocks ( by the way would it be a good idea to buy stocks from uphold? Trying to get some tesla shares there).

Point: the more streams open to you, the better your chances at living a better life. It's not a bit the big gains but the little wins.

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I haven’t bought shares on there so I don’t know how they handle the asset! I don’t see the point of buying common stocks unless you just want some price appreciation for your gas above inflation

The PE ratio of these big stocks are stupid so for me I don’t want to own them! But that’s my personal opinion, I’m not a trader, so I don’t care about price Movement I care about returns and stocks aren’t paying much dividends these days

Most of the action is in trading! If it’s not giving me drips and paying me to hold it it’s not for me

Interesting. Well, I will do more research and find something that suits me. I must admit I know little about the stock market. Tesla came to mind because it happens to be one of the most innovative countries in the world currently. I need to understand these things better 🤧

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Innovation is one thing but it’s mostly narrative driven till it’s realized Tesla’s price is investors pricing the future cash flow returns of the company as well as a store of value element

I just think these companies are way over priced for their cash flow. Some don’t even pay dividends so you’re holding hoping they will one day

The way things are going I’d much rather hold BTC! Companies are even looking at it to hold their retained earnings or as the new stock buy back! So I’ve picked the story I believe to be true and I’m allocating my capital that way