Making a living off shares is easy,

This is a discussion on Making a living off shares is easy, within the General Trading Chat forums, part of the Reception category; .... according to this guy How to get rich easily from share dividends - Staylocked...

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Old Jun 22, 2009, 1:54pm   #1
 
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Making a living off shares is easy,

.... according to this guy

How to get rich easily from share dividends - Staylocked
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Old Jun 22, 2009, 2:07pm   #2
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Making a living from winning the lottery is easy.

... When you choose the right lottery numbers.
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God gave me a special gift, made me a fine instrument of warfare...If you was to put me and this here sniper rifle anywhere up to and including one mile of Adolf Hitler with a clear line of sight, sir... pack your bags, fellas, war's over.
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Old Jun 22, 2009, 2:34pm   #3
 
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He's talking about investing, not trading.
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Old Jun 22, 2009, 2:53pm   #4
 
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Depends what your definition of living is.

If you take a typical divi return of 5% then £100,000 will give you £5K pa to live on.
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Old Jun 22, 2009, 2:54pm   #5
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tax
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Old Jun 22, 2009, 2:54pm   #6
 
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Quote:
Originally Posted by Hoggums View Post
Depends what your definition of living is.

If you take a typical divi return of 5% then £100,000 will give you £5K pa to live on.
wow you can live like a pensioner
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Old Jun 22, 2009, 3:40pm   #7
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Originally Posted by Aaronmalins View Post
tax
£5k per annum is tax free allowance for an individual, i presume.
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Old Jun 22, 2009, 3:47pm   #8
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You have to pay tax on dividend income. So have to risk 1 million pounds to earn a good pre tax salary. And you will lose out to inflation if the share price doesnt rise because you're raping all your divs.
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