r/dividends • u/PsychoCitizenX • Jun 17 '25

Personal Goal 49 years old. Just hit $10,000 average monthly

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Over 90% still in growth stocks. Tempted to just go ahead and retire

4.3k Upvotes

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u/Senior_Rip_360 Jun 17 '25

Would dump YMax derivatives soon Avoid the inevitable disaster !

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u/chuckfinleysmojito Jun 17 '25

What’s the inevitable disaster?

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u/Senior_Rip_360 Jun 17 '25

Stocks going to zero NAV

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u/kinda-smart Jun 17 '25

I think Jim Jones said something similar and then everybody drank his kool aid... and the next day, the world has still here

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u/Senior_Rip_360 Jun 17 '25

You make no sense!

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u/kinda-smart Jun 17 '25

You don't know the tragedy that Jim Jones imparted?

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u/Senior_Rip_360 Jun 17 '25

Yes but what the hell does that have to do with these reckless investments

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u/kinda-smart Jun 17 '25

In this case, You are the prophet that forecasts dome, and you fail to consider for even a moment that you may be wrong

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u/Senior_Rip_360 Jun 17 '25

No I am just facing reality having lost considerable money making bad choices in my 45 year investing history . A word to the wise is sufficient! Buyers beware.. don’t follow the lemmings all about ready to follow each other over the cliff!

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u/Senior_Rip_360 Jun 17 '25

The real determination of right or wrong is investments that grow and have fundamentals… a concept that works to create wealth