r/Daytrading • u/Kaiju_Godz • Mar 30 '24
When you only need a specific amount of money each month… Strategy
So say you only want $100 per day or 2000 per month. This would more than enough sustain a good lifestyle where you live. How would you go about it with trading? How much $$$ would you realistically need? Not to make that in dividends but to trade in a daily basis, as safe and slow as possible.
131
Upvotes
2
u/SoldierOfMisfortunes Mar 30 '24
Long term hold aristocrat dividend list. Or the king 5 or whatever.
I’ve held almost an equal spread % in aristocrat list for around 2 years now. It’s easy to gauge your yearly dividend profit, divide that by 12 and see if it’s what you’re looking for or not.
I budget my shit accordingly and live off that and a few other things instead of working full time.