Capital Loss and Income Pot

[MakeMoreMoves]

I have been trying my hand at building my money system income pot. I know it's it's only worth it when you have a large principal amount. But, I am starting to see that this money system is very hard to get actually get stable income, the end goal. I can't imagine putting over a million into this. It's good that I am testing now. The biggest threat is capital loss. I have more capital losses, than dividends.

For those that are building their money system, do you just ignore capital losses?

I keep buying more to get a better position, but it keeps dropping.

 

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[MTF]

You don't have real capital losses, just unrealized losses. Why would you care about it if your primary objective is income? As long as you're buying shares of profitable companies the risk of bankruptcy is extremely low so the price fluctuations shouldn't matter (price only matters when you want to buy more).

Why do you think it's very hard to get stable income? If you invest in dividend aristocrats most companies from this list will continue growing their dividends possibly forever.

 

[BrooklynHustle]

You don't have real capital losses, just unrealized losses. Why would you care about it if your primary objective is income? As long as you're buying shares of profitable companies the risk of bankruptcy is extremely low so the price fluctuations shouldn't matter (price only matters when you want to buy more).

Why do you think it's very hard to get stable income? If you invest in dividend aristocrats most companies from this list will continue growing their dividends possibly forever.

Agreed. Btw, @MakeMoreMoves here's a book on my reading list you may want to check out:

Automatic Income: Matthew Paulson: 9781539737667: Amazon.com: Books