View Single Post
  #10  
Old 08-30-2023, 07:24 PM
Rhotchkiss's Avatar
Rhotchkiss Rhotchkiss is offline
Member
 
Join Date: Dec 2016
Posts: 4,546
Default

Quote:
Originally Posted by Casey2296 View Post
$375,000 invested in dividend paying stocks, laddered Cd's, etc. paying an average of 5% yield gets you $1562.50 in monthly income. There are also income producing ETF's/funds that yield higher than 5%.

Not sure if your card holdings have that much value, this is just an example.
I agree with this ^^^.

I have no clue what you own or what it’s worth, but in your situation, I would convert cardboard to cash and consult with a financial planner. I think it’s fine to keep collecting lower price cards, but, unfortunately, I feel your days investing in cards are likely at an end and you need cash flow and a much less risky/volatile asset
Reply With Quote