this post was submitted on 17 Feb 2024
1202 points (98.6% liked)

Source Memes

969 readers
1 users here now

Community for memes about the goldsrc/source engine and Valve games.

founded 1 year ago
MODERATORS
[email protected]
1202
Staying at the top. (lemmy.world)
submitted 10 months ago by [email protected] to c/[email protected]
147 comments fedilink hide all child comments
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 4 points 10 months ago

That’s not a good example. A lot of tech companies don’t pay dividends because they aren’t yet profitable. The share price fluctuates heavily because it’s all speculative.

Longer term, profitable companies that pay consistent dividends are the bread and butter over a strong passive income generating portfolio. You can also get significant dividends just from index fund ETF.

A million dollar portfolio can easily print $30000-$50000 a year in dividends depending on how it’s allocated