Tom can't even define what he means by making $1000 a day. Does he get daily dividends, do the combined increase of value of his portfolio go up $1000 a day, does the companies he invest in make a combined $1000 a day, does the amount of money made by the companies he owns multiplied by his ownership percentage equal $1000 a day? The world may never know
The amount of stocks he would need to own to get $1000 a day would be staggering. Hell some don't even bother to pay out dividends You want to make money off dividends you'll want to invest in one of the Dividend Aristocrats otherwise you're making shit all.
People with dementia often seem to come adrift in time. Certainly I’ve encountered sufferers who will swear that this morning they had a conversation with someone who’s been dead twenty years, or will be really confused because they think you must be five years old.
He thinks everyone else is as ignorant as he is. He just picked a figure out of the air to impress us.
He ended up sticking with fossil fuel investments. lol
Unless it's Linde or Chevron that's a terrible investment. Personally, if you want a good return on investment, invest in foreign banks. Royal Bank of Canada pays out pretty well for instance. Or if you don't your money going towards killing people and lobbying politicians, go for Altria. Low cost, high payouts.
He is trying to throw a number out there that was way higher than Bernie Madoff. Fucking moron
Like a lot of poor people he has no sense of scale when it comes to money. If he had said a 1000 a week, that would be more believable. That's the difference between his investments earning 52,000 in a year and 365,000. The first is also impossible, given the principle we know he started with, but it's not the absurd number that 1000 a day would be, which would see him tripling his total inheritance within a year. Tom knew enough to quote 8% as a high figure for returns on investment, but didn't bother to check what that would actually be in dollars on his known "capitalization".
He didn't even bother factoring in compounding interest or the fact that the 4 companies he listed off when trying to sound smart were all losing value in their stocks over the past month. He is a fucking retard who has no idea how to fake having money and is slowly just giving up on the lie that he didn't waste his inheritance
That's the other thing that's funny about Tom talking about "investments". Unless he's trying to set up some sort of post-humous charity endowment, the runway for his investments to actually amount to something is rather short, given the actuarial tables for someone of his gender (male) and income level (basically none). He doesn't seem to understand investments as a long term strategy, he just knows "money makes more money" and leaves it at that.
He doesn't realize that 100k is an initial major goal you need to start investing. That is when you can start looking at reinvesting earnings into your savings that turn into actual significant contributions outside of what you normally put into it. 100k as far as significant capital or life changing to the extent Tom thinks it is just shows how retarded he is
It gets better than that, he tried his own "stock offering" and everything was just offered like a patreon rewards tiering list. He had no fucking clue what he was doing
the companies i'm holding are all invested in renewables. I'm the first to admit that i don't know what's going on , but i have 2 good advisors.
my father invested in these stocks and i've decided to keep them for now. There's also Alphabet, ATT, US Bancorp and some municipal bonds. your response is guaranteed to be amusingly self consumed.
My income has been mostly under the table for 40 years. I'm currently reporting $1045 from SSA and another $800 from RFI. I am part of a large spiritual family I'm setting up a foundation for and the business will be carried forward by my nieces and nephews. My family is very long lived. My father was active and alert right up until the day before he died at 92. His mother was 98 and she had an aunt who lived to 108.
Bet you they didn't eat dumpster meat!
How much longer do you plan on living?
So one that that has a $0.69 pay out and the other one with a $3.88 pay out for dividends. First one shit, but the second one isn't bad. Dividends pay out quarterly by the way so claiming you're making $1000 a day on them is bullshit.
No. I work almost entirely with precious and semi-precious cutting rough for mineral collectors, spiritualists and crafters. I've never seen it at a show or even mentioned anywhere by somebody before and yes, i had to google it see what it was and was unaware there was even a market for it. I doubt that i would be able to find anything trustworthy certified to have been collected before the ban and wouldn't even try for somebody i liked.
I don't think in those terms at all. my always pains are minimal and all my internal organs are in good working order. I've been idling for 40 years because of undercapitalization and now i'm ready to rock with a partner i get along with well who has a lot more assets than me and no working capital.
Your lungs sound like they're doing great in the latest video!
