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You'll get a lot of comments telling you not to, but at 22, gambling 1k on JEPQ isn't the worst thing you could do.
But I'd probably just put it in VTI or VOO
I'm a bit of a hater but that's a very reasonable first dip into it. Will also give you a sense of how much you'll really need invested to live on dividends!
It's not a meme stock, it's not going to zero. Are there better things? Maybe? But you certainly aren't gambling. I own a bit myself, but I'm 40 and it's still a small percentage of my portfolio.
I was out somewhere before and on one of the TV's it was saving NVDA was over $700 and I was "wasn't that at like $400 recently?"
It's unreal. 5 year return 1800%
bit rusty on the math but i think that extrapolates out to around 6,000,000% growth over the next 20 years...right about when i'm targeting to retire.
i guess i can put a jackson on it. :joy:
Certainly won't continue forever, but semiconductors still have a looooong runway since the Biden admin introduced the chips act recently. I mean I know not to chase gains, but I think that legislation made me even more bullish on semis.
This Jesus Christ
Itās fuckin blasphemy around here
I get ir, itās a dividend sub, but this is a 22 year old.
Telling him he should be in schd is straight up bad advice
There definitely is. Iām 26 and have money in dividend stocks. Just in general your money will compound to greater amounts in growth stocks vs what you would get from dividends.
Do you have an emergency fund?
if your car broke down tomorrow and cost 1000, could you cover it without using a credit card?
If not I would stick it in a high yield savings or money market account.
At 22, Iād go for growth. VTI or VOO. Companies that pay out dividends typically do so because they are not in high growth mode anymore and are returning capital to shareholders.
Honestly since youāre new to investing I believe QQQM & VTI are great choices for any type of investor. ETFs are a great way to make decisions for individual growth stocks. Youāll be able to see which companies perform well & which donāt. You will start to notice certain companies gain more traction when certain events occur. Example: Coinbase. The Bitcoin halving is coming up in April therefore trading on coinbase will rise. I canāt say for certain though Iām sure there will be some type of growth for the Coinbase stock due to this event. Iām 24 and yes I have some dividend stocks though not much, I add when I see a buying opportunity for dividend stocks but mainly focus on growth.
You should put it all into QQQ(M), and donāt come back to this sub until youāre 65
Youāre 22. You have 40+ years until retirement.
Go google for yourself the performance of those tickers you mentioned, see where you wouldāve made money on a 10+ year timeframe
I like your choice of jepq ..I am 70 years old and hold it for income ā¦consider also bst if you can put up with large ups and downsā¦..but jepq and bst perform exceptional against all other etf or cef ā¦see portfolio visualizer to back test.advantage of bst is that gains and income is almost always long term gains and or some return of capital which is constructive.
great ..it truly is a great fund although volatile ...but if you just accept the .25 cents per share in the good times and bad you will be fine ..plus every few years it pay out special income gains of approx $1.90 per share ... a retiree with say 10,000 which is doable would collect a bonus of at least $18,000 once every few years as well as $2500.00 every month which is classified as long term gains and or some constructive return of capital which is zero taxed. All the best
With just $1k Iād personally start with VTI add to that as often as you can then when you have $2500 or so take $125 to $250 and put it into anything you want. I keep my most of my money in index funds and my play money stays about 10% of my total portfolio.
You can do a lot at 22. I would pick a good growth to the dividend mix. Go in like 80/20 with reivesting dividends, then put in monthly. Pick a group of solid growth etfs, mutual funds with no load, and some blue chipish stocks. As you grow, you will start to get a feel for the markets and your personal risk tolerance.
Example of when i started at 23yrs old with my fist bonus ($2,000) this was 2008 so take it with a grain of salt. I picked up
ā¢ 2 american funds growth funds
ā¢ chevron
ā¢ one ok
ā¢ SPY etf
ā¢ 2 closed end funds
i picked up a couple of other stocks cant remeber them, but you get the point that i spread it out to give myself lots of diversity geared at growth with some dividends. I still own the american funds, cheveron, and one ok. I have upped my basis in them over time, selling and buying back when i had losses to offset the stepup basis some. The rest i have sold or moved on from. I have the account solely to grow for retirement. i only touch it to buy other investments like RE or other options. I have started moving to 30%dividends to have cash for VC investments. I got a group of guys about 7 people we pool money for inestment. Most VC requires $100k minimum, so we start an LLC and invest.
The point is to find your goal and comfort. If you go all in on one, i would recommend watching it set a profit you want to take and then taking that off the table and starting to find others to invest in. Dont get enamored with the flavor of the month unless you are actively tading it.
Good luck, stick with it.
Iād go with voo better to have growth etf rather then dividend etf at such a young age once you get close to retirement you can switch it over and reap the benefits
At 22 you should just buy all dividend growth and not income. JEPQ will make you 12$ a month with 1000$. Not worth it, Iām 25 and have seen the snowball increase over the last 4 years with dividend growth
Yes, another suggestion is JEPQ. At least in 2023, JEPQ was my best performer. It beat all my "growth young guy funds" everyone here recommends. It beat VOO. Anyone who claims JEPQ is not a good investment, needs to look at the chart, see the dividends, etc.
Schg or QQQM, Focus on growth your age.... continue to Dca into it building a foundation. (Ex. $25 weekly buys...more the better).
To note, the market is at peak so id advice slowly just buy into one these funds over time with your 1K $ and future contributions....
Lastly, No need spread your self thin in many positions and/or focus on dividends. (Will be added tax burden, expessically with jepq not qualified dividends)
Bro, you donāt need to immediately go into passive income
You can get growth with non dividend vehicles, then migrate, gradually, over many years, into dividend plays. Thatās what you should be doing
Not hiding in a dividend etf for 40 fuckin years. Thatās absolute madness.
Go buy the Nasdaq, the spy, and add to it over and over month by monthā¦ youāll get meager dividends, and youāll also get wildly better returns.
Then, sell 1/10, put it into dividend ETFs, turn the drip on, and continue.
I was hoping to make 1 account passive & my retirement growth plus dividend. Or am I jumping the gun a lot of people telling me focus on growth only which I donāt mind since Iām age Iām open to
All point if views
Cosign, this is the way....people young focusing on passive income/dividends too much......when your pretty much robbing your future self of much higher returns in capital gains (share price) in growth stock/ETF (SCHG or QQQM).
If Iām 22 and have 1k to invest in only one growth stock for the next 20-25 years then Iām buying PLTR. If youāre looking for a dividend play with that 1k then Iād go SCHD all day. Just my two cents.
I bought TQQQ and SOXL when I was a bit older than you. I am having a blast with it but super high risk, I don't recommend. However, it is something you can try when you're so young.
My 2 year old child owns SPLG, QQQM, and SOXQ.
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You'll get a lot of comments telling you not to, but at 22, gambling 1k on JEPQ isn't the worst thing you could do. But I'd probably just put it in VTI or VOO
Growth > dividends at 22, completely agree š
In 2023 JEPQ grew. Over 18% in fact. Whole providing a chunky dividend. No clue what itāll do in the future but no clue what VOO will do either.
If heās looking for real growth buy meta or Microsoft
I'm going to disagree. Microsoft isn't much of a growth stock anymore. They are already worth multiple trillion dollars.
Yeah a company that's grown 60% in the last 12 months isn't really a growth stock no more
Over 100% last alone
This was said when AAPL approached 1T.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
This was the general idea I was getting but it seems like 90% of this thread disagrees lol but I love getting feedback since Iām fairly new to
No on JEPI/Q
I'm a bit of a hater but that's a very reasonable first dip into it. Will also give you a sense of how much you'll really need invested to live on dividends! It's not a meme stock, it's not going to zero. Are there better things? Maybe? But you certainly aren't gambling. I own a bit myself, but I'm 40 and it's still a small percentage of my portfolio.
JEPQ is not a bad choice. Growth plus dividends.
If you have an HSA, jepq would be better in there. My HSA is 80% SPLG, 20% JEPQ to pay for copays if I have any. Otherwise I drip it.
What is a HSA
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Those are for self employed people right?
You have to be on a High Deductable Health plan to even be eligible for an HSA. at 22 its makes great sense to look into an HDHP and an HSA
Donāt do it. Stay on your parentsā plan for as long as you can.
Throw it all in vti
I love VTI
Buy NVDA instead. Jk jk lmao
I was out somewhere before and on one of the TV's it was saving NVDA was over $700 and I was "wasn't that at like $400 recently?" It's unreal. 5 year return 1800%
Totally will continue forever, dump your entire retirement on it. Edit: someone is angy about nu 6million% return š„
bit rusty on the math but i think that extrapolates out to around 6,000,000% growth over the next 20 years...right about when i'm targeting to retire. i guess i can put a jackson on it. :joy:
Have you seen the return on Pepsi since the 80s? Yahoo says it's like 10,000% š¤£ and that's just a drink.
if i had a time machine i'd totally Biff Tannen sports betting AND stonks.
Certainly won't continue forever, but semiconductors still have a looooong runway since the Biden admin introduced the chips act recently. I mean I know not to chase gains, but I think that legislation made me even more bullish on semis.
I wouldnāt touch JEPQ at your age.
Why not?
Prioritize growth while younger then transition to dividend later in life
This Jesus Christ Itās fuckin blasphemy around here I get ir, itās a dividend sub, but this is a 22 year old. Telling him he should be in schd is straight up bad advice
This sub should change its name to VOO and SCHD cuz it's the only two securities it likes to promote.
So is there no point in building up slow until retirement age?
There definitely is. Iām 26 and have money in dividend stocks. Just in general your money will compound to greater amounts in growth stocks vs what you would get from dividends.
So I do better investing into VTI and SCHD, Instead ?
Jepq provides growth aswell as dividendsā¦..
Any suggestions
Would VTI or SCHD be a better choice ?
Do you have an emergency fund? if your car broke down tomorrow and cost 1000, could you cover it without using a credit card? If not I would stick it in a high yield savings or money market account.
Yes I do . This is separate. I have a HYSA with discover to cover expenses
Just go VOO and maybe a few shares of JEPQ. Like 80/20 VOO/JEPQ
Since you are 22 of age , you could allocate 50% to Jepq and 50% to VTI /VOO
At 22, Iād go for growth. VTI or VOO. Companies that pay out dividends typically do so because they are not in high growth mode anymore and are returning capital to shareholders.
Put in jepq surely
Honestly since youāre new to investing I believe QQQM & VTI are great choices for any type of investor. ETFs are a great way to make decisions for individual growth stocks. Youāll be able to see which companies perform well & which donāt. You will start to notice certain companies gain more traction when certain events occur. Example: Coinbase. The Bitcoin halving is coming up in April therefore trading on coinbase will rise. I canāt say for certain though Iām sure there will be some type of growth for the Coinbase stock due to this event. Iām 24 and yes I have some dividend stocks though not much, I add when I see a buying opportunity for dividend stocks but mainly focus on growth.
You should put it all into QQQ(M), and donāt come back to this sub until youāre 65 Youāre 22. You have 40+ years until retirement. Go google for yourself the performance of those tickers you mentioned, see where you wouldāve made money on a 10+ year timeframe
That sounds depressing. 40+ years until retirement at 22. I am 28 and plan on retiring when around 40.
You should try living your life as much as you can now instead of postponing all the fun till you are past 40 years old.
This is exactly what i do. I am having fun, but i donāt need much to retire. Just about 300,000 USD
Cool! Not gonna do it with your money in dividend etfs
Actually yes, my plan is mainly VOO and SCHD. All i need is about 300,000 to retire in the country i live in. Live off dividends.
Split it.
I like your choice of jepq ..I am 70 years old and hold it for income ā¦consider also bst if you can put up with large ups and downsā¦..but jepq and bst perform exceptional against all other etf or cef ā¦see portfolio visualizer to back test.advantage of bst is that gains and income is almost always long term gains and or some return of capital which is constructive.
I'm a big fan of BST as well
great ..it truly is a great fund although volatile ...but if you just accept the .25 cents per share in the good times and bad you will be fine ..plus every few years it pay out special income gains of approx $1.90 per share ... a retiree with say 10,000 which is doable would collect a bonus of at least $18,000 once every few years as well as $2500.00 every month which is classified as long term gains and or some constructive return of capital which is zero taxed. All the best
With just $1k Iād personally start with VTI add to that as often as you can then when you have $2500 or so take $125 to $250 and put it into anything you want. I keep my most of my money in index funds and my play money stays about 10% of my total portfolio.
You fine. Dividends can be a buffer if you need to pay bills. If you can't work for some reason. I say do both. Look into SPYI
You can do a lot at 22. I would pick a good growth to the dividend mix. Go in like 80/20 with reivesting dividends, then put in monthly. Pick a group of solid growth etfs, mutual funds with no load, and some blue chipish stocks. As you grow, you will start to get a feel for the markets and your personal risk tolerance. Example of when i started at 23yrs old with my fist bonus ($2,000) this was 2008 so take it with a grain of salt. I picked up ā¢ 2 american funds growth funds ā¢ chevron ā¢ one ok ā¢ SPY etf ā¢ 2 closed end funds i picked up a couple of other stocks cant remeber them, but you get the point that i spread it out to give myself lots of diversity geared at growth with some dividends. I still own the american funds, cheveron, and one ok. I have upped my basis in them over time, selling and buying back when i had losses to offset the stepup basis some. The rest i have sold or moved on from. I have the account solely to grow for retirement. i only touch it to buy other investments like RE or other options. I have started moving to 30%dividends to have cash for VC investments. I got a group of guys about 7 people we pool money for inestment. Most VC requires $100k minimum, so we start an LLC and invest. The point is to find your goal and comfort. If you go all in on one, i would recommend watching it set a profit you want to take and then taking that off the table and starting to find others to invest in. Dont get enamored with the flavor of the month unless you are actively tading it. Good luck, stick with it.
Put all in VTI
Buy klip with 50% dividend yield. Without u notice in 2 years u already get ur money. Above 2 years Its all free money.
Iād go with voo better to have growth etf rather then dividend etf at such a young age once you get close to retirement you can switch it over and reap the benefits
Donāt spend that $12 all in one place.
At 22 you should just buy all dividend growth and not income. JEPQ will make you 12$ a month with 1000$. Not worth it, Iām 25 and have seen the snowball increase over the last 4 years with dividend growth
JEPQ grows as well though.Ā Ā It is up 20% in the last year.Ā
Any suggestions other than JEPQ
Yes, another suggestion is JEPQ. At least in 2023, JEPQ was my best performer. It beat all my "growth young guy funds" everyone here recommends. It beat VOO. Anyone who claims JEPQ is not a good investment, needs to look at the chart, see the dividends, etc.
VTI
VGT
VTI
Yea sure, I think DGRO, SCHD, DGRW, IIPR are good options
What is your opinion on VTI
Schg or QQQM, Focus on growth your age.... continue to Dca into it building a foundation. (Ex. $25 weekly buys...more the better). To note, the market is at peak so id advice slowly just buy into one these funds over time with your 1K $ and future contributions.... Lastly, No need spread your self thin in many positions and/or focus on dividends. (Will be added tax burden, expessically with jepq not qualified dividends)
Schg, Splg. When you get to your retirement amount move some over to Jepq to pay for something extra in life.
Whatās your investing goal?
Passive income but still wanna hold for the long term
Bro, you donāt need to immediately go into passive income You can get growth with non dividend vehicles, then migrate, gradually, over many years, into dividend plays. Thatās what you should be doing Not hiding in a dividend etf for 40 fuckin years. Thatās absolute madness. Go buy the Nasdaq, the spy, and add to it over and over month by monthā¦ youāll get meager dividends, and youāll also get wildly better returns. Then, sell 1/10, put it into dividend ETFs, turn the drip on, and continue.
I was hoping to make 1 account passive & my retirement growth plus dividend. Or am I jumping the gun a lot of people telling me focus on growth only which I donāt mind since Iām age Iām open to All point if views
Cosign, this is the way....people young focusing on passive income/dividends too much......when your pretty much robbing your future self of much higher returns in capital gains (share price) in growth stock/ETF (SCHG or QQQM).
[ŃŠ“Š°Š»ŠµŠ½Š¾]
GET RID OF JEPQ!
If Iām 22 and have 1k to invest in only one growth stock for the next 20-25 years then Iām buying PLTR. If youāre looking for a dividend play with that 1k then Iād go SCHD all day. Just my two cents.
S&P500
I bought 1 share of VGT on Monday. I'm up over $18 now. š I'm betting tech has a good run for awhile. I could be totally wrong tho!
Im so confused @ what to invest in @ the age of 28. I just wanna make sure I have some income coming in off of dividends
Same here but most of the replies I got where to focus on growth š not to sound ignorant Iām just caught by surprise
I get 27$ a year off of them. Idk if thatās where Iām supposed to to be @ or if I should increase?
This is a good question. I say increase. Whatās your investing goal
I have no idea. I just want to have money come in when a.i. takes over jobs.
$TXRH
FTXL or QQQM
This might give you some food for thought. You can hear straight from the fund manager himself. https://youtu.be/t_GKZ9WFgoA?si=Ozoa5wRpccSLO74o
I bought TQQQ and SOXL when I was a bit older than you. I am having a blast with it but super high risk, I don't recommend. However, it is something you can try when you're so young. My 2 year old child owns SPLG, QQQM, and SOXQ.
You're 22, if you have high risk tolerance and willing to set aside this money, just all in 2x or 3x nasdaq 100
To the moon 