i day traded for about 10 years, the last few years i switched more to buy and hold investing in high dividend paying stocks and setting up up portfolio for dividend reinvestment. when i start to need the money i will just switch it back over to cash dividends, and hopefully by that time my annual dividends will be enough to live on
look for high div companies, which have long history of raising dividends each year, set them to reinvest.... and sleep easy knowing in 20 or 30 years you will get nice income
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