Many thanks for that list. I was looking at SBLK and the dividend is quite tempting. Then I noticed it's got a Zacks rank of "strong sell". One glance at the price chart told me why 🤣But, I'll keep an eye on it over the coming year.
Hi I’m Gary. I have plans to retire to TL in a few years I have a house there now. You gave me a few things to think about. I’m 59 now. I would enjoy chatting with you if you can find time.
My big buffet of life playbook “geo arbitrage as a SE Asian slow traveler location independent + live like locals for rich cultural enrichment and exploration + learning new things every day + volunteer everywhere I go to always make great local friends + biggest position in defensive stable beats S&P for 40 years BRK + smaller positions SCHG/SCHD and 5 smaller positioned forever non tech stocks that beat the market over past 20 years. Never needed to touch principle. Clear, excellent, inspiring presentation Chris 🙏🏼
I follow the same rule as you, dividend investing , the best part is that the stocks have also appreciated , and increasing the dividend to keep up the 5.5% dividend I am getting . You are definitely living the life ! ❤ thank you for sharing and keep the videos coming . Btw, I do enjoy Hua Hin but I prefer to be anywhere I want to, just like what you are doing , please share new places as you venture out in Thailand and beyond
I really enjoyed your vlog, your positivity is infectious. Lifestyle arbitrage makes so much sense, especially with cost of living the way it is here in the west.
Just found and subscribed to your channel. Amazing content and information. We are planning to retire in Thailand in 10 years and all of your videos are extremely helpful. THANK YOU!
You are an inspiration ✴️ my wife and I watch all your videos. We totally agree with you on all your foundations. Keep up the positive work and we are planning to get out of the corporate silly ways in 6 years time.
So many strategies I do a combo of all them …dividends + VOO/cash also for those of you that don’t want to fully move or travel abroad and have a home base in the USA , consider renting your home out to a travel nurse who does a 3 month contract , a lot of the time the surplus of rent that the hospital will pay you for the nurses stay could be your 2k needed to travel
Thank you sir! I am booked (first SE Asian destination only) January through March...90 days...sophomore trip the first was just to get on a beach and pinch myself...a series of fun blunders nobody got hurt! So much smarter now and in large because of YOU. I'll make my best attempt to put a giant fruit drink or coffee in front of you in the new year and thank you personally. You ROCK.
Thank you for your videos and knowledge sharing. Man you work hard in your retirement… video filming, editing, blooper retakes, reading and commenting on all the comments. Researching and recording all info and you still got energy to track the Mad Dawgs 😂. ✅😎
I recently learned of your Retire and Go YT channel and have been playing catch-up with your content. Now that sandwich that you had at Lucky 13 looked absolutely delicious. I tried to take a bite out of it when you put it up to-my TV screen. 😊
Thanks Chris. You’ve always got great and informative content. Looking forward to seeing your videos when you travel to Europe. That’s a place my wife and I would love to go
That is a great strategy Chris. You should always aim to have more money than you did the year before or retirement could make you stressed and play defense. Staying on offense with health and wealth is a key to a great retirement. Because it's a business I am sure you're writing off all your travel exspences and even 50% of that sandwich and O rings. Continued blessings!
Hi Chris, still your videos are so great. I really like it, when you show places, the cafes and the restaurants and the topics you’re talking about. That coconut drink is yummie, and exactly right.
Do you buy and sell your own stocks o or do financial institutions manage your investments for you? The reason I ask. is because I have my super which although I have some say in what kind of investments are made .. e.g how conservative hence risk reward. However, like most managed funds the profits are pooled e.g. we get a percentage or average. I also, have shares I chose.. and manage.. in this case I make the same percentage of profit as more wealthy investors.. The only difference.. is it is proportional to how many shares I have and the profits are not pooled .. There is merit in both approaches I guess.. however, I do not pay ongoing fees.. rather only some brokerage when I sell ... and of course attending to taxes is necessary. I try to sell when I have not other income.. so as not to pay a higher rate. My approach has worked for me.. happy to share in more detail. but I am not a financial adviser either.. I namely like to have the autonomy to make my own decisions.. that way if the ship sinks.. I can only blame myself.
I live in an older condo in Pattaya (a 5-minute scooter ride to the beach). It is all concrete, so the rooms are quiet (I have a video of the condo). I am on the ninth floor, so the sunsets are great, and I do not have much trouble with mosquitoes or road noise. We have a large pool with a slide. There is a restaurant by the pool; most meals are 3-7 dollars. My rent is $207/month. I have a new wall unit A/C, that I run 24/7 and my electric bill is $30/month. My room is 270 square feet or 30 square meters. It has plenty of room for a single guy.
I recently found your site and you are in sync with my idea of traveling and using less resources! Recently divorced and Thailand interested me. I think a six month trip to that area looks about right. I was there three times already and now I’m 74 and like to buy a small house but will rent first to see it it is workable! Good luck in your travels!!!
They will not let you buy a house anyway.. condo's can be inexpensive, but income tax is a big deal makes it more expensive for sure. I think you can stay 90 days or something on a visa and that is why it is still better than vietnaam.
@@DelmarZiebart I live in Thailand. Rent rent rent. Things change all the time. Rent is cheap here. And you have furnished too. Keep yourself loose. Able to adjust or move. Don't get looked in!
Great video. What do you think about increasing your expenses as you get older? I see the value in not spending down principal so you don't run out, but at the same time what's the point of dying with a million dollar? I've been reading a book called Die With Zero that discusses that idea of planning to get the most out of all of your money before you pass, but I guess that assumes you wouldn't want to leave a large inheritance for your kids. What are your thoughts?
Good point Expenses can go up due to medical as well That’s why you live under your means Keep investing the amount you don’t spend Do not go into debt
Just came to check out a couple condos, looking for a home base. For traveling like you. Taken a lot of good advice from the channel 🙏 thanks 🙏 I'm going to Pattaya next.
I retired at 53. How it works for me is predominantly uk Blue Chip 🇬🇧 dividend payers reliable multi national companies. Yield is around 8%. That gives me around 40k . Then i draw down around £1k a month from my sipp uk pension. I still have a fair amount of growth companies that i will sell to produce more income at some stage 😊 Al the best 👌
Legal and general would be a good example. The yield with them at present is 9%. British american tobacco. Imperial brands. Aviva etc 👍Have a look at the dividend data website.
One thing to note, the 4% withdrawal rule is often used for building generational wealth. If you don’t plan on leaving the remainder to your kids or don’t have kids you can withdraw more than 4%.
Aloha my friend, always enjoying your videos. Great work. Another wonderful day in Hua Hin. That is living life. I like your strategies for dividends from investing in the stocks you recommend. The coconut smoothie and LUCKY 13 sandwich looks so good. Mahalo
Hi Chris, I suppose the people who use the 4% rule mainly have their investments in global index funds, typically 1k-3k stocks, which are well diversified across many stocks, geographies, sectors etc.. And an index fund is self cleansing - ie companies come and go from the index so you're always invested in the good well performing companies. How many dividend companies do you invest in? What happens if some of them don't do well and don't pay a dividend, I suppose you are locked in and have to either sell (the share price may also have gone down) or sit it out and hope they recover. There is also lots of history with like the S&P500 going back decades so you can run simulations, and the 4% rule just happens to be the safe withdrawal rate for 90% of the time not running out of money. I feel safer invested in more companies, sectors and geographies with a self cleansing index fund rather than a small number of companies that may pay good dividends now, but who knows in 3 years time ? Thoughts?
Find 25 to 50 Big good companies that pay dividends. Invest 20% of your salary for 15 years. You Will get what you need to live like Chris. The most difficult thing to get is the courage to do like him... That's the hard part....
Yes, but what if there’s a crash and your S&P index fund goes way down in value? If you’re withdrawing 4% and the market is way down that year, 4% that year won’t be the same 4% as another year. And even if the market starts to bounce back you’ve been withdrawing 4% from your principal which means it could take even longer to get back to where you were. Chris lived through and likely remembers vividly the Great Recession, as I do. My stock portfolio tanked but my dividend stocks continued to pay. Can companies cut their dividends? Yes absolutely. But that’s why he invests in these companies. Because these companies are important to society there is less of a chance that the company does poorly and the dividend gets cut. One ETF I recommend to people is SCHD. You get a healthy dividend, diversification and some appreciation. There’s nothing wrong with what you’re saying as it’s a popular strategy, but I think Chris needs consistent income to fund his lifestyle. Dividends tend to offer that consistency while the 4% rule could have its ups and downs.
Anything that sounds like reaching for yield is sorta scary. I do have some real estate and sone utilities in the 5's but I don't reach for yield remember you can get social security in 8 to 10 years so I would suspect that is at least 1k... makes the numbers look alot different. I spend way less than what I make in dividends and interest but I didn't see any reason to spend it just because I have it . There is alot of nonsense out there that isn't worth spending money on and that hot date may show up later who knows..
Thank you for sharing ! Me and another person are always sharing info on our holdings and have different ones but still achieve our desired % growth :) Nice to see other and what they have invested in, we all see that diversity in the holdings is key :) So many great places open during the day on Soi 94 ! Hua Hin is great :)
Great vid, and you are 100% right on the 4% rule; very risky. My retirement income is boosted with SPYI, QQQI, SVOL, and PDBC. And like you I reinvest my unspent dividends to grow my principle and income. Thailand is a great place to enjoy your retirement.
Hey, these options ETFs seem safe, but they're actually really risky. If the market crashes, your dividends will get cut, and the ETF price will tank. Right now, the market's going up, so things seem okay, but if you had just bought SPY for the past two years, you'd have 20% more money, even with all the dividends paid.
This is exactly how I look at my retirement. I now generate enough to retire through dividends alone, but also hold some growth stocks. I echo your principle of never touching your principle but I would say I'll feel differently once I start receiving state pensions / social security and it looks like I have too much. I have a mix of bonds, dividend stocks, growth stocks. I also have a few super high dividend stocks to juice my dividend rate.
@ thank you, that’s a very kind thing to say. I wish it were true, but in all honesty I’ve made plenty of mistakes along the way through taking on debt when I was younger, investing in low growth regions (UK) through regional bias - I lived there, and I’ve lost tens of thousands buying individual stocks that cratered. Now I generally stick with very large companies and ETF’s and focus on building a stable income stream with modest growth. I also got lucky along the way.
Thankyou for your video. My wife and I have retired early in Hua Hin! Studied the benefits of Bitcoin and luckily started investing late 2023! Only invested 10% but now investment has grown to 25%.
₿ is the way to go for sure. 💕 Not only as a way of protecting your wealth but as an expat you can travel knowing your Hard Wallet and seed phrase are all you need. No declaring, transporting etc etc. Accessible globally.🙏🏻
I'll be there December 3rd. I'm 36 and scoping it out for when I turn 50. That retirement visa could be mine right now if there wasn't an age requirement 😅
if your method is to "never touch the principal" and instead completely rely on the paid out dividends for income, then it makes sense that would allow you to continue to accumulate on top of the principal even through protracted downturns. However, during a downturn, that principal amount itself takes a beating--so to say it "never goes down" is technically not correct. For instance during 2008 if you were invested in an S&P500 dividend fund, your principal amount would have tanked 27%. Of course, the silver lining is that your dividend payout after that year should have stayed the same regardless. IOW, your method allows you to draw a CONSISTENT amount of money versus the 4% rule regardless of current market conditions--but at the cost of having less principal for later years. Conversely, the 4% rule's advantage is that it will preserve more principal after a downturn to reinvest in the 100% certain recovery, which historically has always offset the downturn drop--resulting in a significantly larger principal in later years and therefore a much larger monthly income withdrawal in past years that is likelier to beat inflation.
Hi and thanks so much for sharing what you do. I did some research on your picks. I was delighted to see that I had a few shares of Realty Income. I also decided to get another of your picks. I was wondering if you had any divy’s in future focused companies like kinetic energy technology, green hydrogen, or other companies that could potentially make energy production cleaner, and our planet healthier?
Normally the 4% rule is calculated to not destroy the capital. Well, actually it's on 30 years run and it's still a 3% chance you go bankrupt before you reach 30 years
hey brother, once again another very good video. I won’t have the luxury of retiring in my early 50s to see every country on my list. I don’t plan on seeing every country I wanna go to, what part of the world would you recommend not going to? The reason for this question is I like to focus in on a couple places before I make a decision before I turn 70 so basically I have 10 years of travel
Amazing info, stumbled upon your channel when researching a vacation to Panama. I run a finance channel helping people toward financial freedom. Would be great to hear from someone like you.
I retired to the Big Island. I can hear you laughing now….I absolutely love living here and all the great friends I am making. I recently read that if you wanted to retire here you should have 6M. That made me laugh. Happy living with Pele
@@AMMandrea123 oh my 6mil ! That must mean the Kona coast houses or something haha I really like the big island I hiked all over volcano I traveled to every end of the big island It’s so beautiful there
So enjoy your videos - thank you... What do you think about investing in dividends compared to investing into superannuation (similar to 401K setup). I havent retired yet...
very clever !!! i m half way through this. living cheaper in se asia, = saving on my money, living off dividends, still lacking on principles, that i can leave without touching. getting there. thanks soooo much )))
@@RetireandGo thx to you! following your tips, surely but slowly, it takes time to break our routines and @comfy@ lifes, all those bad habits, keeping us stuck in a rut, the best way is minimalist way.
Great video, our early retirement is different too. But it works for us. More important question, as we are in Hua Hin now, what beach are you on and at what time of day? The tides have been really high during the day.
insired by your videos, I've booked room for $20 a night for 2 nights in seoul. (i'm a lifetime marriott platinum member, but i want to try your minimalist approach.) i like your investing philosophy. but, when the stock market crashes, all stocks, including dividend stocks, will take a big hit. buy-n-hold only works over deecades. the dow jones index didn't return to its 1929 peak until the 1950s. a big crash is likely over the 10 years, and it will take 10-30 years afterwards to recover losss. (i'm a passionate stock trader. I've been an individual trader since 2009 and worked as a buy-side equity analyst for a $1 trillion asset management company before then - helped turn a $1 billion investment in samsung electronics into $3 billion and bought a hk stock, byd electronics, before Warren Buffett did and watched the stock go up 70% in one day on the news of his purchase.)
Thank you for all your videos, very informative and entertaining as well. Just a quick question: How much money do you approx need to have invested to be able to live on dividends on a low budget in SE Asia?
Interesting retirement strategy. Stocks aren't great performers but pay a dividend that allow you to do you. This will make me look into a modified version of this for the dividends to cushion market downturns.
yah, that was my thought as well about the 4% rule, if I use the dividends to live on, I don't need to worry about spending the principle. The FIRE movement doesn't seem to like this idea, but I can't figure out why.
@@genericchannel5899 sure, but if you keep your dividends below like 40k for an individual, you should be fine and tax free, right? which for this sort of lifestyle is perfect.
Q: what is your plan for unexpected health? I landed in Thailand 2 weeks ago, stepped in a pothole and broke the ankle. 5 days later I got COVID. How old you handle setbacks like this?
@ thanks, I don’t mean financially or medically though that’s the obvious first thing to address. How do you handle that as a minimalist traveler without a close supporting network? Do you purely stay grounded and pass thru? Do you reach out to those you have created distance?
Hey Chris, as always, great information video! If you are in the know, is there a ferry operating to and from Pattaya to Hui-Hin. Back some time ago, it was running, but due to covet, it was canceled.
Does border hopping help with staying in Thailand permanently? And if u can border hop, what’s the min stay requirement, can I do a weekend trip or does it have to be a minimum of/between 7-30 days
@@RetireandGo Yes you have mentioned that in many many times in your videos. Does not really answer my question? As you can see above my question was not "Can you live in Asia comfortably on $2k a month? "I was trying to establish a target on my stock portfolio value (not just $2k a month in dividends) and have not heard (forgive me if you have already mentioned it and I did not pick up on it), what yours was to generate an average of $2k a month. I used the data you mentioned (such as an ave 6% Dividend Yield = $24k Annually) to come up with an estimate of $400-425k and I was trying to understand if that was correct?
Chris getting ready to begin my se Asia travels . Just wanted to ask you what’s the best way to manage paying for things to avoid getting hit with card transaction fees. Especially if some places don’t take plastic . Can you speak to how much local currency and USA cash you use typically? Thanks
Get credit cards with no foreign transaction fees. If you're from USA get Charles Schwab checking account, it reimburses all ATM fees you withdraw from foreign countries. Checking account is free. When you withdraw don't hit change currency conversion to USD. SE Asia is mainly paying with cash so bring USD cash (I believe up to $10,000 allowed). Convert USD when you get there at currency exchange places, not in airports, usually have worse rates. Check online what current rate is and compare.
This strategy was how I was hoping to do it too. Can I ask, do you only hold individual stocks or do you als own index funds? If you only own individual stocks, how many in total do you have in your portfolio?
😂 I remember when not too long ago Dave Ramsey said the 4% rule was stupid and that you could take out 8%. Boy, did that not go over well with everybody 😂 I like your method with dividends. Im 3 or 4 years away from FIRE right now and I'm transitioning over to dividends only, alot of the ones you listed and more
Do you keep a storage unit back in the States? That's an expense I will have but I'm getting rid of most things so hopefully it will be a smaller storage unit. Repeating monthly costs like that seems wasteful in a way.
RENTING out your property in the US - How is that going? is it worth it? I mean, I have done the numbers here in AUS and I can net only about $1k a month factoring in all fees and expected maintenance and the risk of having someone live in my house and potentially trash it, (would use a good agent but there are horror stories about this). But the other option is to leave it vacant which is a big risk of break in and damage otherwise I have to come home every few months - Your thoughts and experience on this?
I have been watching your videos for a while and it just occurred to me that you never talk about dating or women/relationships. I may have missed that episode though. Are you not bothering with the ladies?
I try to do dividend supplemented retirement… same exact strategy. However, inflation has pushed the new amount to $2500-$3000 a month for SE ASIA… you still have to have room for saving… Social Security should only be the gravy (I’m also 52)…
Sounds like you're assuming FIREes would pull the trigger with a 100% stock allocation. I know many FIRE enthusiasts, and none of them are planning that kind of lunacy. Set yourself up to endure a long bear market by planning an appropriate glide path. Several years in bonds or cash positions. Downturn goes too long, divvies can dry up, too. Then you're not only out income, but you're forced to sell at a loss.
@@RetireandGo True, but we should represent them all fairly. The 4% rule many FIRE folks follow is based on rhe Trinity Study, which I believe used a 60/40 stock/bond allocation that prevented failure 95% of the time in retirement periods of 30 years. Going with 100 stocks would fail much more often - especially amongst young whippersnappers like us who decide to geoarbitrage our way into retiring in our late-40s or early-50s. There's no right or wrong, but I urge everyone to have several buckets to draw from, in case market forces shift. Market forces inevitably shift.
Am l missing something here. You have invested in stocks, therefore if the stock market crashes 50% so does your stock. Could be lower than your principal 🤷🏼♂️
@@Tony-eb5kh thank you for this, dividends payout regardless. They are not tied to lower share price Dividends paid out through world wars Global financial crisis Invest :-)
Retire and go, so $2000/month for all living expenses now or in the future may be tough to live in the USA if you have to rent. Are you okay with never living in the USA in your future? Is that risk a concern? Have you already made the decision that it's unlikely that you will ever move back?
Restricting yourself to Dividend investing will liMit your growth and by design it omits the highest growth industries (ai and tech). You are better off investing in total stock market index 65% of portfolio and up to 30% in US treasuries for the stable fund needed to sell in the down markets he spoke about.
Hi Chris, at what age did u start investing, I remember u mentioning u divorced and was in debt, did u start investing before all that or after all that happened, could you also do me a favor the next time u r in Bangkok, that testing place u went to to do ur checkup, could u get the cost of the following tests, I’m female and 57 with hashimotos disease , which is hypothyroidism also a cholesterol test, please and thank you
All these investments are kinda like money laundering machines.the paper money is turning to bitcoins,CDs,stock shares etc…the top 500 most richest people are the manipulators.
Excellent video...unfortunately my ex-wife used the 100% rule ...with my money!
Haha I totally understand
Sorry to hear that.
@@makeyourlifeeasier5794 OMG
Thanks for the tips regarding investment and dividends. Will research the stocks you use. That sandwich looked good.
I’m glad I can inspire you with some fun information
Have a good weekend!
Many thanks for that list. I was looking at SBLK and the dividend is quite tempting. Then I noticed it's got a Zacks rank of "strong sell". One glance at the price chart told me why 🤣But, I'll keep an eye on it over the coming year.
Yeah it happens haha
Not my first dropping stock
If the fundamentals are still there and the dividend is covered I will add shares not sell
:-)
Hi I’m Gary. I have plans to retire to TL in a few years I have a house there now. You gave me a few things to think about. I’m 59 now. I would enjoy chatting with you if you can find time.
Oh my nice
You are set up nicely
Keep us updated
My big buffet of life playbook “geo arbitrage as a SE Asian slow traveler location independent + live like locals for rich cultural enrichment and exploration + learning new things every day + volunteer everywhere I go to always make great local friends + biggest position in defensive stable beats S&P for 40 years BRK + smaller positions SCHG/SCHD and 5 smaller positioned forever non tech stocks that beat the market over past 20 years. Never needed to touch principle. Clear, excellent, inspiring presentation Chris 🙏🏼
You have the plan ! Boom !
That’s the way :-)
Nice.
Can you list your all position symbols of your portfolio thanks
@ I’ll cover many !
I’m new to your channel today.
Welcome
And merry Christmas!
I follow the same rule as you, dividend investing , the best part is that the stocks have also appreciated , and increasing the dividend to keep up the 5.5% dividend I am getting . You are definitely living the life ! ❤ thank you for sharing and keep the videos coming . Btw, I do enjoy Hua Hin but I prefer to be anywhere I want to, just like what you are doing , please share new places as you venture out in Thailand and beyond
Absolutely
Thank you for this feedback
I really enjoyed your vlog, your positivity is infectious. Lifestyle arbitrage makes so much sense, especially with cost of living the way it is here in the west.
Yes
I’m back for holidays
Prices are crazy
Just found and subscribed to your channel. Amazing content and information. We are planning to retire in Thailand in 10 years and all of your videos are extremely helpful. THANK YOU!
Welcome and I appreciate your time enjoying the videos :-)
You are an inspiration ✴️ my wife and I watch all your videos. We totally agree with you on all your foundations. Keep up the positive work and we are planning to get out of the corporate silly ways in 6 years time.
You are doing great, planing, preparing
Weekend hikes saved me as I was investing and working hard
ANOTHER GOOD VLOG BUDDY.......
Thank you :-)
Have a good Thanksgiving
So many strategies I do a combo of all them …dividends + VOO/cash also for those of you that don’t want to fully move or travel abroad and have a home base in the USA , consider renting your home out to a travel nurse who does a 3 month contract , a lot of the time the surplus of rent that the hospital will pay you for the nurses stay could be your 2k needed to travel
@@DIVGAINS true! A rental income is nice to mix in for diversity
Thank you sir! I am booked (first SE Asian destination only) January through March...90 days...sophomore trip the first was just to get on a beach and pinch myself...a series of fun blunders nobody got hurt! So much smarter now and in large because of YOU. I'll make my best attempt to put a giant fruit drink or coffee in front of you in the new year and thank you personally. You ROCK.
@@Explorer766 very kind of you thank you :-)
Thanks for the info
You are most welcome
I love your videos and advice. I would be a great pleasure to meet you one day when I retire somewhere in SE Asia
I’ll be in Asia mid 2025
I’m thinking East Europe next
Thoughts ?
Thank you for your videos and knowledge sharing.
Man you work hard in your retirement… video filming, editing, blooper retakes, reading and commenting on all the comments. Researching and recording all info and you still got energy to track the Mad Dawgs 😂. ✅😎
Haha yes they watchin me :-)
It is long days true
Full days filming and editing
I recently learned of your Retire and Go YT channel and have been playing catch-up with your content. Now that sandwich that you had at Lucky 13 looked absolutely delicious. I tried to take a bite out of it when you put it up to-my TV screen. 😊
Haha I totally understand
Welcome
Have a good week
Excellent video, just moved from us to Siem Riep. to try out the lifestyle
Oh my this is awesome !
Keep Us updated
Thanks Chris. You’ve always got great and informative content. Looking forward to seeing your videos when you travel to Europe. That’s a place my wife and I would love to go
Thank you kindly
We have to see Europe while we can haha
That is a great strategy Chris. You should always aim to have more money than you did the year before or retirement could make you stressed and play defense. Staying on offense with health and wealth is a key to a great retirement. Because it's a business I am sure you're writing off all your travel exspences and even 50% of that sandwich and O rings. Continued blessings!
Yes I agree
Stay ahead of inflation
The best advise . Thank you!
You are most welcome
Hi Chris, still your videos are so great. I really like it, when you show places, the cafes and the restaurants and the topics you’re talking about. That coconut drink is yummie, and exactly right.
Thank you kindly
Enjoy your weekend :-)
Good tipps, i am in Hua Hin too in the wintertime and Summer in berlin germany ;-)
Oh nice !
How do you like Berlin?
What is the cost of your health insurance?
About 100 a month
Very important content
Thank you :-)
Have a great week
Do you buy and sell your own stocks o or do financial institutions manage your investments for you? The reason I ask. is because I have my super which although I have some say in what kind of investments are made .. e.g how conservative hence risk reward. However, like most managed funds the profits are pooled e.g. we get a percentage or average. I also, have shares I chose.. and manage.. in this case I make the same percentage of profit as more wealthy investors.. The only difference.. is it is proportional to how many shares I have and the profits are not pooled .. There is merit in both approaches I guess.. however, I do not pay ongoing fees.. rather only some brokerage when I sell ... and of course attending to taxes is necessary. I try to sell when I have not other income.. so as not to pay a higher rate. My approach has worked for me.. happy to share in more detail. but I am not a financial adviser either.. I namely like to have the autonomy to make my own decisions.. that way if the ship sinks.. I can only blame myself.
Great questions
I use an online broker
Manage my own portfolio
I use a VPN when connecting
And two factor authentication
Does this help ?
I live in an older condo in Pattaya (a 5-minute scooter ride to the beach). It is all concrete, so the rooms are quiet (I have a video of the condo). I am on the ninth floor, so the sunsets are great, and I do not have much trouble with mosquitoes or road noise. We have a large pool with a slide. There is a restaurant by the pool; most meals are 3-7 dollars. My rent is $207/month. I have a new wall unit A/C, that I run 24/7 and my electric bill is $30/month. My room is 270 square feet or 30 square meters. It has plenty of room for a single guy.
$207!!! That’s awesome
@@RetireandGo Yep, I love it.
I recently found your site and you are in sync with my idea of traveling and using less resources! Recently divorced and Thailand interested me. I think a six month trip to that area looks about right. I was there three times already and now I’m 74 and like to buy a small house but will rent first to see it it is workable! Good luck in your travels!!!
You should not stay more than 179 days a year. TL is proposing a worldwide global income tax for expat residents (>180 days or more a year).
They will not let you buy a house anyway.. condo's can be inexpensive, but income tax is a big deal makes it more expensive for sure. I think you can stay 90 days or something on a visa and that is why it is still better than vietnaam.
I like your idea about testing it out
I think you will like this area
@@DelmarZiebart I live in Thailand.
Rent rent rent. Things change all the time. Rent is cheap here. And you have furnished too. Keep yourself loose. Able to adjust or move. Don't get looked in!
I am 100% aligned with your view on investments and dividends. I'm hoping to break free in 3-4 years time.
Very nice !
You are preparing for a strong future
I've been waiting for this video for a while. Thanks for making it Chris.
You are absolutely welcome
Where in Hua Hin are you staying?
I stayed a nice little hotel near the train station
Hua Hin is a beautiful area
Great video. What do you think about increasing your expenses as you get older? I see the value in not spending down principal so you don't run out, but at the same time what's the point of dying with a million dollar? I've been reading a book called Die With Zero that discusses that idea of planning to get the most out of all of your money before you pass, but I guess that assumes you wouldn't want to leave a large inheritance for your kids. What are your thoughts?
Good point
Expenses can go up due to medical as well
That’s why you live under your means
Keep investing the amount you don’t spend
Do not go into debt
I don't have any kids or wives. Great comment.
Thailand next week... my maiden voyage.
Thx for so much useful info Chris!! Cheers!!
Which City in Thailand?
This is fantastic !
Enjoy
Keep us updated
be careful of the bitches /beach thou.LOL
Low tide in Hua Hin! Beautiful.
So much beach to walk along! True
Hey. I just got to Hua Hin last light to look around. Meet up?!
Check out music from the second floor
I am not around unfortunately
Just came to check out a couple condos, looking for a home base. For traveling like you.
Taken a lot of good advice from the channel 🙏 thanks 🙏
I'm going to Pattaya next.
Great job
Thank you kindly
I retired at 53.
How it works for me is predominantly uk Blue Chip 🇬🇧 dividend payers reliable multi national companies. Yield is around 8%.
That gives me around 40k .
Then i draw down around £1k a month from my sipp uk pension.
I still have a fair amount of growth companies that i will sell to produce more income at some stage 😊
Al the best 👌
8 percent is sweet!!
8% ?
Do you mind clarifying which UK Blue Chips they are?
Legal and general would be a good example. The yield with them at present is 9%. British american tobacco. Imperial brands. Aviva etc 👍Have a look at the dividend data website.
Thumbs up 👍 Chris & Aloha
Thank you so much
Fantastic video as usual 😀 …and Keen sandals are awesome. 🙂🙂🙂
They are great for travel!
What’s your opinion on high yield i ETFs from yieldmax??
Hmm I don’t know those
But I like PICK
ET
EPD
LYB
O
ABR
One thing to note, the 4% withdrawal rule is often used for building generational wealth. If you don’t plan on leaving the remainder to your kids or don’t have kids you can withdraw more than 4%.
Good point
I see some are revising it too
Aloha my friend, always enjoying your videos. Great work. Another wonderful day in Hua Hin. That is living life. I like your strategies for dividends from investing in the stocks you recommend. The coconut smoothie and LUCKY 13 sandwich looks so good. Mahalo
Thank you
I appreciate this
:-)
you're awesome!! and you are obviously a dog lover. You have had dogs in your past yes?
Oh yes
I enjoy their company
I find them all over
Hi Chris, I suppose the people who use the 4% rule mainly have their investments in global index funds, typically 1k-3k stocks, which are well diversified across many stocks, geographies, sectors etc.. And an index fund is self cleansing - ie companies come and go from the index so you're always invested in the good well performing companies. How many dividend companies do you invest in? What happens if some of them don't do well and don't pay a dividend, I suppose you are locked in and have to either sell (the share price may also have gone down) or sit it out and hope they recover. There is also lots of history with like the S&P500 going back decades so you can run simulations, and the 4% rule just happens to be the safe withdrawal rate for 90% of the time not running out of money. I feel safer invested in more companies, sectors and geographies with a self cleansing index fund rather than a small number of companies that may pay good dividends now, but who knows in 3 years time ? Thoughts?
Some people dont have kids and dont want to leave the State with the principal 😮
Find 25 to 50 Big good companies that pay dividends. Invest 20% of your salary for 15 years. You Will get what you need to live like Chris. The most difficult thing to get is the courage to do like him... That's the hard part....
@@grancacadelavaca easier said than done. Finding 25-50 big companies doesn't give enough diversification in my opinion. Good luck with your journey
@@ianwhittaker3041 agree 100%
Yes, but what if there’s a crash and your S&P index fund goes way down in value? If you’re withdrawing 4% and the market is way down that year, 4% that year won’t be the same 4% as another year. And even if the market starts to bounce back you’ve been withdrawing 4% from your principal which means it could take even longer to get back to where you were. Chris lived through and likely remembers vividly the Great Recession, as I do. My stock portfolio tanked but my dividend stocks continued to pay. Can companies cut their dividends? Yes absolutely. But that’s why he invests in these companies. Because these companies are important to society there is less of a chance that the company does poorly and the dividend gets cut. One ETF I recommend to people is SCHD. You get a healthy dividend, diversification and some appreciation.
There’s nothing wrong with what you’re saying as it’s a popular strategy, but I think Chris needs consistent income to fund his lifestyle. Dividends tend to offer that consistency while the 4% rule could have its ups and downs.
Anything that sounds like reaching for yield is sorta scary. I do have some real estate and sone utilities in the 5's but I don't reach for yield remember you can get social security in 8 to 10 years so I would suspect that is at least 1k... makes the numbers look alot different. I spend way less than what I make in dividends and interest but I didn't see any reason to spend it just because I have it . There is alot of nonsense out there that isn't worth spending money on and that hot date may show up later who knows..
True haha
Good you spend less than you
Make
Thank you for sharing ! Me and another person are always sharing info on our holdings and have different ones but still achieve our desired % growth :) Nice to see other and what they have invested in, we all see that diversity in the holdings is key :) So many great places open during the day on Soi 94 ! Hua Hin is great :)
Thank you for your time and feedback!
Great vid, and you are 100% right on the 4% rule; very risky. My retirement income is boosted with SPYI, QQQI, SVOL, and PDBC. And like you I reinvest my unspent dividends to grow my principle and income. Thailand is a great place to enjoy your retirement.
You have a good plan !
If you are ok with paying Thai tax.
@@johnlennon8931 I doubt you’re an international tax accountant. So I’ll ignore your view.
@@johnlennon8931 are you an international tax accountant.
Hey, these options ETFs seem safe, but they're actually really risky. If the market crashes, your dividends will get cut, and the ETF price will tank. Right now, the market's going up, so things seem okay, but if you had just bought SPY for the past two years, you'd have 20% more money, even with all the dividends paid.
This is exactly how I look at my retirement. I now generate enough to retire through dividends alone, but also hold some growth stocks. I echo your principle of never touching your principle but I would say I'll feel differently once I start receiving state pensions / social security and it looks like I have too much. I have a mix of bonds, dividend stocks, growth stocks. I also have a few super high dividend stocks to juice my dividend rate.
@@ThePolishedapple you are a smart guy 😃👍
@ thank you, that’s a very kind thing to say. I wish it were true, but in all honesty I’ve made plenty of mistakes along the way through taking on debt when I was younger, investing in low growth regions (UK) through regional bias - I lived there, and I’ve lost tens of thousands buying individual stocks that cratered. Now I generally stick with very large companies and ETF’s and focus on building a stable income stream with modest growth. I also got lucky along the way.
@@ThePolishedapple you are very welcome.not everyone has that blessed chance of worry-free financially 🙏🙏
This is awesome
You are doing great
I appreciate the feedback
@@RetireandGo have a safe trip Chris!!💝💝how are you going to spend your Thanksgiving&Christmas.looking forward seeing your plans!
The idea of not touching your principle would be ideal, and it's what I am going to aim for.
This is the way
Invest
Build
Travel
Thankyou for your video. My wife and I have retired early in Hua Hin! Studied the benefits of Bitcoin and luckily started investing late 2023! Only invested 10% but now investment has grown to 25%.
Oh very nice !
Yes it’s on a run !!
₿ is the way to go for sure. 💕
Not only as a way of protecting your wealth but as an expat you can travel knowing your Hard Wallet and seed phrase are all you need. No declaring, transporting etc etc. Accessible globally.🙏🏻
Hua Hin is my future home town. 😊
Nice
Good choice
Beautiful beaches to walk
I'll be there December 3rd. I'm 36 and scoping it out for when I turn 50. That retirement visa could be mine right now if there wasn't an age requirement 😅
if your method is to "never touch the principal" and instead completely rely on the paid out dividends for income, then it makes sense that would allow you to continue to accumulate on top of the principal even through protracted downturns. However, during a downturn, that principal amount itself takes a beating--so to say it "never goes down" is technically not correct. For instance during 2008 if you were invested in an S&P500 dividend fund, your principal amount would have tanked 27%. Of course, the silver lining is that your dividend payout after that year should have stayed the same regardless. IOW, your method allows you to draw a CONSISTENT amount of money versus the 4% rule regardless of current market conditions--but at the cost of having less principal for later years. Conversely, the 4% rule's advantage is that it will preserve more principal after a downturn to reinvest in the 100% certain recovery, which historically has always offset the downturn drop--resulting in a significantly larger principal in later years and therefore a much larger monthly income withdrawal in past years that is likelier to beat inflation.
Well said
Invest for that return to never touch the principle
Live in a low cost part of the world
A simple two part strategy haha
:-)
Hi and thanks so much for sharing what you do. I did some research on your picks. I was delighted to see that I had a few shares of Realty Income. I also decided to get another of your picks. I was wondering if you had any divy’s in future focused companies like kinetic energy technology, green hydrogen, or other companies that could potentially make energy production cleaner, and our planet healthier?
You will like BAM
It’s a Canadian company that pays a nice dividend
It focuses on green energy projects
Normally the 4% rule is calculated to not destroy the capital.
Well, actually it's on 30 years run and it's still a 3% chance you go bankrupt before you reach 30 years
Remember AI might increase our life by 30 percent
Prepare for this
Invest to live only off dividends :-)
hey brother, once again another very good video. I won’t have the luxury of retiring in my early 50s to see every country on my list. I don’t plan on seeing every country I wanna go to, what part of the world would you recommend not going to? The reason for this question is I like to focus in on a couple places before I make a decision before I turn 70 so basically I have 10 years of travel
I think you have a good idea that will work for you.
Please keep us updated
hey brother was actually asking you is there a area you would pass on a second time im thinking South America
@ Argentina and costa rice for sure
Loved them
@@RetireandGo I agree with costa rico
Amazing info, stumbled upon your channel when researching a vacation to Panama. I run a finance channel helping people toward financial freedom. Would be great to hear from someone like you.
Please keep making videos as people need good financial information!
Hi great video
Don't you also rent your house out in Hawaii and get rental income from it after costs? Or did you sell it and go all in stocks
I kept one rental
It’s a good diversity strategy
Have some real estate
I retired to the Big Island. I can hear you laughing now….I absolutely love living here and all the great friends I am making. I recently read that if you wanted to retire here you should have 6M. That made me laugh. Happy living with Pele
@@AMMandrea123 oh my 6mil ! That must mean the Kona coast houses or something haha
I really like the big island
I hiked all over volcano
I traveled to every end of the big island
It’s so beautiful there
So enjoy your videos - thank you... What do you think about investing in dividends compared to investing into superannuation (similar to 401K setup). I havent retired yet...
Hmm I have not studied superannuation enough to comment on it
I have been researching and investing in dividend stocks for decades :-)
very clever !!! i m half way through this. living cheaper in se asia, = saving on my money, living off dividends, still lacking on principles, that i can leave without touching. getting there. thanks soooo much )))
I’m very happy to read you are getting this all set up
Nice!
:-)
@@RetireandGo thx to you! following your tips, surely but slowly, it takes time to break our routines and @comfy@ lifes, all those bad habits, keeping us stuck in a rut, the best way is minimalist way.
Great video, our early retirement is different too. But it works for us. More important question, as we are in Hua Hin now, what beach are you on and at what time of day? The tides have been really high during the day.
The high tides are a bit unpredictable haha
They catch me too
Yep. That’s been an adventure
Be sure to try Mirabelle cafe across the road for your morning coffee and croissant 😊
I’ll have to try this one thank you
reits in data base ?
I like ABR and O
insired by your videos, I've booked room for $20 a night for 2 nights in seoul. (i'm a lifetime marriott platinum member, but i want to try your minimalist approach.) i like your investing philosophy. but, when the stock market crashes, all stocks, including dividend stocks, will take a big hit. buy-n-hold only works over deecades. the dow jones index didn't return to its 1929 peak until the 1950s. a big crash is likely over the 10 years, and it will take 10-30 years afterwards to recover losss. (i'm a passionate stock trader. I've been an individual trader since 2009 and worked as a buy-side equity analyst for a $1 trillion asset management company before then - helped turn a $1 billion investment in samsung electronics into $3 billion and bought a hk stock, byd electronics, before Warren Buffett did and watched the stock go up 70% in one day on the news of his purchase.)
That’s a good price for Seoul!
Thank you for all your videos, very informative and entertaining as well. Just a quick question: How much money do you approx need to have invested to be able to live on dividends on a low budget in SE Asia?
You are most welcome
Just plan on a monthly passive income of $2000
That’s the target
Interesting retirement strategy. Stocks aren't great performers but pay a dividend that allow you to do you. This will make me look into a modified version of this for the dividends to cushion market downturns.
Absolutely
Dividend retirement! :-)
Ya killin’ me RaGs 😂! The only downside to your videos is it’s making it harder to put in these last few years!!
I totally understand
Weekend hikes
No cost
They saved me for years
yah, that was my thought as well about the 4% rule, if I use the dividends to live on, I don't need to worry about spending the principle. The FIRE movement doesn't seem to like this idea, but I can't figure out why.
Forced taxable events is one reason.
No problem
There are many thoughts on retirement
Mine is just another way
@@genericchannel5899 sure, but if you keep your dividends below like 40k for an individual, you should be fine and tax free, right? which for this sort of lifestyle is perfect.
Q: what is your plan for unexpected health? I landed in Thailand 2 weeks ago, stepped in a pothole and broke the ankle. 5 days later I got COVID. How old you handle setbacks like this?
Totally good question
Check out the first link in my description
Travel health insurance
@ thanks, I don’t mean financially or medically though that’s the obvious first thing to address. How do you handle that as a minimalist traveler without a close supporting network? Do you purely stay grounded and pass thru? Do you reach out to those you have created distance?
@@DR.CyberSecurity I’m not sure what you are saying? How do I handle getting sick?
I treat it, medicine or hospital I guess
Hey Chris, as always, great information video! If you are in the know, is there a ferry operating to and from Pattaya to Hui-Hin. Back some time ago, it was running, but due to covet, it was canceled.
Hmm I’ll have to look into this
Maybe an overnight? It’s quite a ways
It was cancelled awhile back and zero plans for it to be back. Very little demand
@SoloDoloTravel thank you, that's a shame. I took the ferry some years back.
Cheap and quick.
Does border hopping help with staying in Thailand permanently? And if u can border hop, what’s the min stay requirement, can I do a weekend trip or does it have to be a minimum of/between 7-30 days
Just be careful with ground hopping
Use flights
How do you pay for the food at street stands and small items at store? US credit card or Baht cash?
Baht cash :-)
Use an atm card from an online bank with no overseas atm fees
If you make $24k a year and that = 6% ave dividends. Is it fair to say that your total stock account is worth in the region $400-425k?
With $2000 a month you can live comfortably in Southeast Asia :-)
@@RetireandGo Yes you have mentioned that in many many times in your videos. Does not really answer my question? As you can see above my question was not "Can you live in Asia comfortably on $2k a month? "I was trying to establish a target on my stock portfolio value (not just $2k a month in dividends) and have not heard (forgive me if you have already mentioned it and I did not pick up on it), what yours was to generate an average of $2k a month. I used the data you mentioned (such as an ave 6% Dividend Yield = $24k Annually) to come up with an estimate of $400-425k and I was trying to understand if that was correct?
Chris getting ready to begin my se Asia travels . Just wanted to ask you what’s the best way to manage paying for things to avoid getting hit with card transaction fees. Especially if some places don’t take plastic . Can you speak to how much local currency and USA cash you use typically?
Thanks
Get credit cards with no foreign transaction fees. If you're from USA get Charles Schwab checking account, it reimburses all ATM fees you withdraw from foreign countries. Checking account is free. When you withdraw don't hit change currency conversion to USD. SE Asia is mainly paying with cash so bring USD cash (I believe up to $10,000 allowed). Convert USD when you get there at currency exchange places, not in airports, usually have worse rates. Check online what current rate is and compare.
Get an online bank set up with atm card with no atm fees including overseas
One search on Google
Done
@@stevensantiago8762thanks for advice
Appreciated!
This strategy was how I was hoping to do it too. Can I ask, do you only hold individual stocks or do you als own index funds? If you only own individual stocks, how many in total do you have in your portfolio?
@@jayplays568 I own some of both
I started with funds
Then got into researching stocks
It kind of became a hobby haha
#1Rule, for traveling in Aisa, don't get involved with: "Buy Me Drinkie Girls"! Especially in Manilla & Bangkok!
Haha truth
I do not go out to bars much. I work out every morning.
😂 I remember when not too long ago Dave Ramsey said the 4% rule was stupid and that you could take out 8%. Boy, did that not go over well with everybody 😂 I like your method with dividends. Im 3 or 4 years away from FIRE right now and I'm transitioning over to dividends only, alot of the ones you listed and more
I appreciate the feedback!
Yes there are so many thoughts in retirement
I try to actually show how dividends are working for me :-)
Do you keep a storage unit back in the States? That's an expense I will have but I'm getting rid of most things so hopefully it will be a smaller storage unit. Repeating monthly costs like that seems wasteful in a way.
No storage
No car
No house
Nothing
My backpack is 99 percent of my possessions
Yeah man get rid of your stuff! You won't need it. If it's memorabilia keep it with family or friends.
Brooooooooo. Dividends are same as withdrawing from principle. The price of stock will come down by the same amount on ex div date.
Haha
Don’t stress
That’s normal
They keep paying happily and the stocks are lower risk in general :-)
RENTING out your property in the US - How is that going? is it worth it? I mean, I have done the numbers here in AUS and I can net only about $1k a month factoring in all fees and expected maintenance and the risk of having someone live in my house and potentially trash it, (would use a good agent but there are horror stories about this). But the other option is to leave it vacant which is a big risk of break in and damage otherwise I have to come home every few months - Your thoughts and experience on this?
There are a few repairs here and there
Overall it’s been a good investment
I have been watching your videos for a while and it just occurred to me that you never talk about dating or women/relationships. I may have missed that episode though. Are you not bothering with the ladies?
Great question
I have a few solo travel videos
They do go into my thoughts :-)
You can search for them using retire and go and solo
But don't some of those high dividend stocks lose principal over time?
You have to diversify
That way you are better protected from risk
But nothing removes risk
I try to do dividend supplemented retirement… same exact strategy. However, inflation has pushed the new amount to $2500-$3000 a month for SE ASIA… you still have to have room for saving… Social Security should only be the gravy (I’m also 52)…
You are planning and preparing well
And you have back up plans ! This is great
4% rule accounts for market downturns , that's why it's 4% not 8%
Good point !
I think you mean principal when you’re talking about your original investment, not principle.
Maybe vice principal ?
Haha
Have a good week
Hey, Just curious when did you film this. Hua Hin is very windy this time of year?Today its 20mph
Yeah my videos are offset a bit
That makes up for traveling and if I get sick haha
SMCI up 60% in 1 month
Boom! Love those chip stocks
Sounds like you're assuming FIREes would pull the trigger with a 100% stock allocation. I know many FIRE enthusiasts, and none of them are planning that kind of lunacy. Set yourself up to endure a long bear market by planning an appropriate glide path. Several years in bonds or cash positions.
Downturn goes too long, divvies can dry up, too. Then you're not only out income, but you're forced to sell at a loss.
Just different ideas in investing :-)
@@RetireandGo True, but we should represent them all fairly. The 4% rule many FIRE folks follow is based on rhe Trinity Study, which I believe used a 60/40 stock/bond allocation that prevented failure 95% of the time in retirement periods of 30 years. Going with 100 stocks would fail much more often - especially amongst young whippersnappers like us who decide to geoarbitrage our way into retiring in our late-40s or early-50s.
There's no right or wrong, but I urge everyone to have several buckets to draw from, in case market forces shift.
Market forces inevitably shift.
Am l missing something here.
You have invested in stocks, therefore if the stock market crashes 50% so does your stock. Could be lower than your principal 🤷🏼♂️
@@Tony-eb5kh thank you for this, dividends payout regardless.
They are not tied to lower share price
Dividends paid out through world wars
Global financial crisis
Invest :-)
I don't think JEPI is a qualified dividend, do you need to pay quarterly estimated taxes on that dividend?
I’m not sure but do you have copilot downloaded to your windows?
It is perfect for questions like these
Incredible
@@RetireandGo No, I'll look into it.
Retire and go, so $2000/month for all living expenses now or in the future may be tough to live in the USA if you have to rent. Are you okay with never living in the USA in your future? Is that risk a concern? Have you already made the decision that it's unlikely that you will ever move back?
This is a great question!
Through my 50s I’ll travel
The future awaits!
Do not forget to add the best asset in your PF. Bitcoin it is.
IBIT or FBTC will do.
Nice!
You know more about it
Diversify is key
Is your 2k per month a supplement for an additional pension or are you actually living on just 2k per month?
Great question
It’s just $2000
I know … not much haha
You had better start carrying doggie treats.😂
Haha truth
And Catnip too!
Restricting yourself to Dividend investing will liMit your growth and by design it omits the highest growth industries (ai and tech). You are better off investing in total stock market index 65% of portfolio and up to 30% in US treasuries for the stable fund needed to sell in the down markets he spoke about.
True
I have a tech portfolio on the side haha
Love my big tech
What about you ?
Hi Chris, at what age did u start investing, I remember u mentioning u divorced and was in debt, did u start investing before all that or after all that happened, could you also do me a favor the next time u r in Bangkok, that testing place u went to to do ur checkup, could u get the cost of the following tests, I’m female and 57 with hashimotos disease , which is hypothyroidism also a cholesterol test, please and thank you
Yes true
Invested for decades
Destroyed at 45 and rebuilt by working in Afghanistan
Good pay and incoming rocket fire
13:22
Is your principal closer to 500k, or 1mil ?
$2k per month at 6% yield = $400k principle
@ thank you good sir! Math is hard
Great question
All these investments are kinda like money laundering machines.the paper money is turning to bitcoins,CDs,stock shares etc…the top 500 most richest people are the manipulators.
@@hinirayburn968yes. Run!
Half a million in ETFs distributing avg 5%?
Dang that sounds great !
Boom !
You are set
Dividends comes out of the principle so your rule is the same as 4% rule
Thank you for your input :-)
🥇🥇🥇
Thank you thank you !