Current Events > Lifehack to quit your job.

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Pepys Monster
05/04/21 5:36:13 PM
#1:


Put $40,000 into USOI, then receive $2000 per month.

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sLaCkEr408___RJ
05/04/21 5:38:59 PM
#2:


Spend 40k to receive less per month
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Pepys Monster
05/04/21 5:42:32 PM
#3:


sLaCkEr408___RJ posted...
Spend 40k to receive less per month
Youre parking it, not spending it.

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No_U_L7
05/04/21 5:43:25 PM
#4:


How am I supposed to live off only 2k a month?!
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Pepys Monster
05/04/21 5:44:19 PM
#5:


No_U_L7 posted...
How am I supposed to live off only 2k a month?!
Adjust as needed.

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Joker98
05/04/21 5:46:07 PM
#6:


Down like 80% in 5 years? Yeah, that's a great investment.


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BignutzisBack
05/04/21 5:46:16 PM
#7:


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harley2280
05/04/21 5:57:07 PM
#8:


BignutzisBack posted...
Wtf why is the dividend so high

Yeah. I can't quite place it at a glance, but there's something real off with that.
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Joker98
05/04/21 5:58:05 PM
#9:


BignutzisBack posted...
Wtf why is the dividend so high
They're desperate for investors and are probably going to go bankrupt or something XD

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Dat_Cracka_Jax
05/04/21 5:59:36 PM
#10:


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Robot2600
05/04/21 6:03:26 PM
#11:


Is SLVO still paying monthly dividends? Is it a good time to invest in SLVO?

How often does USOI pay dividends?

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16-BITTER
05/04/21 6:05:18 PM
#12:


BignutzisBack posted...
Wtf why is the dividend so high
It's a dividend of the highest caliber

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Cuticrusader09
05/04/21 6:06:23 PM
#13:


Joker98 posted...
They're desperate for investors and are probably going to go bankrupt or something XD
Ponzi scheme?

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3PiesAndAFork
05/04/21 6:13:34 PM
#14:


Cuticrusader09 posted...
Ponzi scheme?
You'd think they'd make it a little less obvious, but desperate people...

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CableZL
05/04/21 6:22:04 PM
#16:


I think your math is off, TC

$40,000
Dividend for April: $0.0895/share
Current price: $4.95

40,000 / 4.95 =

8080.80 shares
8080.80 * 0.0895 = $723.23

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Joker98
05/04/21 6:23:17 PM
#17:


They're probably going to change their dividend to like a 10% dividend soon. You can't rely on it staying high forever.

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CableZL
05/04/21 6:25:34 PM
#18:


SLVO has historically been paying more per month. I have about $26,583 in SLVO and made $767 last month.

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Joker98
05/04/21 6:27:29 PM
#19:


I just bought 10 shares lol. Gonna monitor it.

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CableZL
05/04/21 6:34:33 PM
#20:


Also, the stock is backed by Credit Suisse. They recently took almost a $1 billion hit when a hedge fund imploded. They reduced the dividend for their main stock (CS), but they kept their dividends for their commodity stocks about the same.

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Pepys Monster
05/04/21 8:27:40 PM
#21:


CableZL posted...
I think your math is off, TC

$40,000
Dividend for April: $0.0895/share
Current price: $4.95

40,000 / 4.95 =

8080.80 shares
8080.80 * 0.0895 = $723.23
I multiplied the shares by the annual dividend of $3.02, then divided by 12.

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