Not Me, But You!
Welcome to Not Me, But You! This is likely one of the most ironically titled podcasts since the focus is designed to be on the podcast listeners rather than the podcast creator. I spent half of my life as a school administrator and I want to share with you what I've learned about education, teaching, learning, reaching your goals, attaining your dreams, developing relationships, encouragement, motivation, business, income, and money. My desire is to shine some "psychological sunshine" onto your thinking. I believe it's possible for you and me to attain our dreams in life. But often, many of us need a good teacher, a good mentor, and a good cheerleader in order to help us along the way.
I am confident that you will learn some things from me. But more importantly I want to learn something from you. I will share what I'm passionate about. But I also want to discover what you are passionate about. And by listening, you will discover how to set goals, how to track goals, how to achieve goals, how to select a good "guru" or mentor or teacher or advisor, how to make money and save money. And most of all, I want you to discover what is your most valuable asset and how to gain freedom in your life. (Answer: your most valuable asset is your TIME). How do we do that? By buying and holding assets. But we need to learn which assets are best for us. You can become wealthy by pushing buttons on your phone!
Not Me, But You!
Ep - #82 -Traditional Finance- Bursting Your Bubble- (Proctor/Gamble vs. MSTY vs. ULTY)
Season 2, Episode #82. Not Me, But You! Podcast.
You can connect with me on X at: Waypa Today
Proctor/Gamble stock is good stock for people who are playing the "wealth preservation" game. But PG stock will cost you about $160 per share. Compared to MSTY which is $15 to $17 per share. Or compared to ULTY which costs between $5 to $7 per share.
What about dividend yields? PG dividend yield is 2.64%. MSTY yield is 166%. ULTY yield is 135%. The dividend yields aren't even close! Not even in the same dividend universe. That's because PG is NOT a dividend stock. It is a GROWTH stock where MOST of your ROI will come from "share price appreciation" NOT dividends.
IN order to buy 10,000 shares of PG you would need 1.6 MILLION dollars. So if you have that much money already, you ARE already wealthy. But MOST people on planet earth don't have an EXTRA 1.6 MILLION dollars just laying around because they don't know what to do with it!!
How much would 10,000 shares of MSTY cost? Answer: About $160,000. How about ULTY? Cost for 10,000 shares of ULTY... about $60,000. What about dividends paid?
MSTY...10,000 shares pays $1 PER SHARE EVERY MONTH! That's $10,000 EVERY month in dividends from MSTY in dividend income.
What about ULTY dividend payments? It typically pays 10 cents/share PER WEEK. It's a WEEKLY payer. 10,000 shares of ULTY pays $1,000 per WEEK or $4,000 per month. That's IF it continues to pay at least 10 cents/share per week.
Investing in PG makes sense AFTER you have more than enough cash flow each month to pay your bills PLUS money left over that you don't need to save or live on.
Investing in MSTY and ULTY are RISKY. I suggest taking at least HALF of the dividends from these ETF's and put that money into LESS RISKY investments like, QQQI and SPYI.
All of investing presumes you ALREADY HAVE a basic understanding of how INFLATION causes the purchasing power of your cash to DECLINE.
Have courage today, to pick one thing, and work on your dreams. We will talk again soon.
I'm not a financial advisor. This podcast is for education/entertainment purposes only. You will need to do your own research and accept responsibility for the results of any money you choose to invest. I love using Schwab.com to buy/sell stocks/ETF's/closed end funds/options. Schwab has a very user friendly app/website and their customer service is excellent. I can easily get to speak to a human being whenever I have questions.