Stock investing is very risky because its difficult to calculate your risk. I cant imagine having 1 million in stocks and it goes down 3%, i'm down $30,000 .
Honestly, you get used it.
Let me see if I can clarify. It works like this. If you're an entrepreneur and you've built up a strong business. You likely know how much it is worth (maybe you do, maybe you don't, but let's assume that you do). Let's say that it's worth $2m. Since you know all the intimate details of this business, you don't get depressed when some fool tells you that it's worth $1m nor do you get all excited when another fool tells you that it's worth $4m.
The stock market is similar. If I know the businesses that I hold stock in are worth $2m, I don't get depressed when some fool (aka the market) tells me that it's worth $1m nor do I get all excited when another fool (aka the market) tells me that it's worth $4m.
I'm using very wide ranging numbers to make a point. But the point is similar for daily smaller moves (e.g. $30k). I don't get depressed if I wake up one day and some fool (aka the market) tells me that my portfolio is worth $30k less today nor do I get all happy if I wake up another day and some fool (aka the market) tells me that my portfolio is worth $30k more.
Now, what I do as an investor is this. When the fool (aka the market) is depressed and offering $2m stock for $1m, I buy. When the fool (aka the market) is optimistic and offering $2m stock for $4m, I (might) sell.
Why might I not sell? A few reasons: a) the business is still strong, b) the future value of the business will be far greater than $4m, c) capital gains tax stings a bit, and 4) I know that I will never, ever be able to buy back the same amount of stock for the $1m that I paid.
The last reason is huge. Have you ever read about grandparents who purchased homes or stock in the distant past and you just marvel at the ridiculous price they paid? Well, that's what the $1m that I paid will look like to my grand kids.
The future value of a strong business is massive. Anyway, I digress.
If I know what the businesses are worth, I understand that the market quotes are illusory.
On the topic in the OP, it seems very unlikely that those returns are possible with dividend stocks unless you really juice them up with leverage. But I've been wrong before.
You can achieve a high return with a dividend stock if you buy it when the market or company is distressed or there is pessimism around either.
I posted about one of my bigger dividend payouts this year and it's nowhere near 30%. This year it's closer to a 10% dividend payout and a 10% appreciation or 20% total return. But that's also because the company is run well so it isn't reasonably priced.
https://www.thefastlaneforum.com/investing-trading/42069-making-buckle-bke.html
I know that I don't need any fancy tricks to make good money in the stock market if I simply wait for (really) bad news.
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