Put money into high dividend paying stocks and forget about it. Example: $50k in LTD (parent company of Victoria's Secret, La Senza) will net you $3,500 annually without having to lift a finger. They're always increasing their dividends and giving out special payments. Hold for a couple years and you'll be getting over 10%. $3,500 to start is enough to cover a decent vacation each year, for life. There's something satisfying about having your trips paid for by the very girls you see on the beach.
I don't care what the stock price does as I have no plans to sell. That money is going pay me until I die.
I don't care what the stock price does as I have no plans to sell. That money is going pay me until I die.