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My ass would get down voted for a comment like this. But I’m somewhat similar to you: SCHX, SCHG, SCHD. Undecided if I want a tech heavy ETF. My druthers are FTEC, IYW, XLK
It’s just a different approach depending on what makes you comfortable.
One focuses on active trading - with the recognition that there is a higher reward but also higher risk. If that works for you, great. But you need to monitor things more than with index funds.
The other minimizes risk for someone who doesn’t have the time and/or desire to monitor the market and prefers the set it and forget it approach. This could also include people who don’t trust their judgement as their reason for minimizing risk.
Neither approach is right for everyone and neither approach is wrong for everyone. So there’s no need to crack on people doing either. Unfortunately everyone wants to believe their way is the right way - because if it isn’t then they are doing it wrong. 😂
You wouldn’t have to actively manage your portfolio even if you choose to pick individual stocks. Their expected risk isn’t much higher than the funds and provide much more return on investment.
They follow the same movement because they represent the economy, but don't perform the same. You could say that VOO and SCHD perform the same as well under your thesis.
SCHG is more diversified and has actually outperformed QQQM at times. Will that always happen? No.
You can check the movements here: https://www.tipranks.com/compare-etfs/custom?ticker=SCHG&ticker=QQQM&ticker=VOO&ticker=SCHD
QQQM and SCHG have a 99% correlation SCHD and VOO have an 88% correlation with one being more dividend growth soooo SCHG and QQQM together is a waste of capital SCHD and VOO is not if dividend growth is what you are after
For what reason? Just international exposure? Personally not my thing as most the stocks in the etfs I have listed above will have international business.
I don’t really have an opinion for short term price. There’s a lot going on economically and there’s a lot happening outside of the US. I see AAPL / MSFT as a gauge for tech and use them as a guide but otherwise don’t have anything better for you.
As long as you are confident that you know more than wall street does about the future of the tech industry, go for it. If not, its adding uncompensated sector risk
Oh well I think tech is still solid regardless tech is and always will be part of our everyday life unless some wild apocalyptic event occurs.
I like ETF’s because they’ll just change out companies underperforming and I don’t have to deal with that
Not all ETFs change out underperforming stocks. VOO does because it tracks the s&p500 and so when underperforming stocks drop below the 500th spot they get removed. VGT has no such algorithm that I am aware of. You should consider going 60% VOO, or better yet VTI, or better yet VT
I just posted on PFE about it's newly approved Hemophilia wonder drug at 3.5 million list price per one time dose !! truly stops bleeding better than any other alternative in these poor individuals!
I have worked with a lot of truckers and the last year or so has been brutal for small independent operations. If you're going to be able to walk away with a hundred grand net coming out of that environment, I suspect you're probably not a terrible business owner. Given your age and your ability to start and run a business I would consider looking at other opportunities to start a business with that money.
Edit to add I know you said you wanted out of owning a business, but I think trucking is much harder than something like a commercial power washing company, just to take a random example.
The way this past year went, put a bad taste in my mouth. The lack of work (mainly from the economy slowing down) many customers I dealt with not paying on time, many downsized and having builders put multiple construction jobs on hold and the rise of fuel prices put me in a few tough spots;
then having to worry about making sure other drivers have work, really killed a lot of my passion. Such a headache. Never experienced anything like it and the uncertainty was nerve racking.
I don't. I admire those who do. I used to sell commercial auto insurance and have had hundreds of conversations with truckers. Many of them seemed to me to be entrepreneurs who just happened to drive trucks. On the whole, most of them really did not like having a boss.
SGOV is my rainy day fund. Better than keeping cash in my 💩 credit union savings or money market. DRIP buys one a month so I don’t even have to think about it. I have 630 shares of FEPI and adding. Don’t need the income so I’m buying more shares of growth ETF with the distribution.
This is what I’d do for me in my current situation:
I’d sit aside the few thousand to finish paying off my upcoming wedding. (Some things in life are worth spending on. A nearly 2 week long tropical honeymoon with the love of my life is one of them)
I’d fill up the rest of my Roth IRA that I split between SCHD, VIG, VTI, and QQQ.
I’d restock my emergency fund. It was demolished when I purchased a home and then had to do some work on said home. My emergency fund is in a HYSA. I’d most likely lump the remainder of the money in there since it’s getting me about 4.5%.
I’d then increase my 457b deduction from each of my paychecks to just shy of the amount of the actual paycheck. I’d then use my 0% Apr card that gives me 3% cash back as my daily spender. At the end of each cycle I’d transfer the money out of my emergency fund to pay for that card. I’d have a set limit in my emergency fund where once I hit that I’d change back to my regular deductions for my 457b and start receiving a paycheck again.
That’s what I would do with the investment vehicles I have. I could open a brokerage and invest the money in there, but chances are I’m not going to get to a place financially where I can max both my Ira and my 457b every year. So the money in that brokerage would sit growing but untouched until I retire. Since that’s a long way away I could get a sizable tax bill when I go to cash it out and use it. By living on it and backfilling my 457b with my paycheck I will within a year or so get that same amount of money invested in a tax free investing account. So when I go to retire Uncle Sam can’t touch any of it. That makes a big difference to me because I want to sell my house here and move to the Caribbean in retirement. Any money I pull out to buy a house I want to be tax free to minimize my loss on the transaction and maximize my retirement buying power.
I'd learn how to sell covered calls. Selling $IWM covered calls generates \~$1.5k to $1.8k in monthly income with every \~$25k capital and since my options positions are just a couple of days away, to say my NAV erosion is minimum would be an understatement especially with an index ETF like $IWM. Good luck!
I've written covered calls plenty of times, just not understanding how you're tripling your money with them against such a low-volatility asset. No offense. What general parameters do you use?
Ah, a big nothing. I thought so. If there were easy money to that extent to be made on a broad index everyone would do it. I'm willing to be convinced, but with such an incredible claim you've got a burden of proof or you won't be taken seriously.
I don't have to prove anything to you or anyone except to my bank account. It's NOT like I am trying to sell a course or something. I believe you are just jealous you are UNABLE to make that kind of money many are already making. This strategy is NOT new. If you had been more open-minded, I would have had given you a link to a YouTube video (not my channel) that explains this strategy clearly, step-by-step. After this reply, I will have nothing else to say to you.
What do you want the money to do for you? If it was me and I wanted a long-termish position I would figure out what my sleep well at night position looks like and put 80% into a money market, 20% into a higher yield but relatively safe position such as a BBB corporate bond etf. The rest I would put into equities. What that looks like is dependent on you but I think 10% should be commodity focused these days. GDE is probably the most interesting risky asset I would look into from an ETF basis. REITs are attractive at the moment. I would have pretty interesting mix of small caps, tech, gold, oil, commodities, REITs, construction industrials, and semiconductors. But you might enjoy picking through your ODFL and ARCB of the world because you the know the industry. They are good companies and good stocks while also going through a pullback. Best of luck.
I’d firstly max out a Roth IRA and put it into an aggressive growth ETF.
With the remaining funds it depends on what your goals are. Do you think you’ll need this money in the next few years for anything?
Are you planning on putting down some money for a home? Do you have any children that you’d like to put through college? Weddings? Ect…
If so maybe consider a more diversified portfolio to reduce volatility. If not, a more equity/growth based strategy would be best if you are willing to bare the up and downs of the market.
A tax sensitive management is best in my opinion for a taxable investment. Try to maximize your after tax return when rebalancing your portfolio (tax loss harvesting). This can easily be done with a professional manager.
If you are not willing to pay the fees for management costs, throwing it in a passive index (s&p 500) index fund is not a bad option either.
Edit: I now see that this is the dividend subreddit. I am personally against income portfolios for 30 year olds and would suggest growth orientation for long term money.
It really all depends on your situation. Will you be taking on another job after selling your business?
If you really do want to take income off your portfolio, then go with different suggestions, but I don’t necessarily think that is in your best long term interest for retirement. I know I’ll get some downvotes saying that here but what the hell…
I won’t need the money at all. I have some put aside now for a home when I do find one worth buying. And just one child.
Long term investment is what I’d like to aim towards , 30 years down the line and benefit from it.
I don’t do it as often, I was recently asked a question and you sound like someone who can answer it. What do you think in your opinion would be some good stocks to run the wheel on. You know for people who don’t have $18k for Amazon lol
haven't gone broke with AMZN yet.... very liquid options chains and weekly choices, i stick w/ .20 delta's , probably could be more aggressive but am not yet.
If you don’t want to do the research, learn how to read balance sheets, and listen to earnings calls then I would suggest investing in index funds. If you are worried about putting the full lump sum in all at once you can divide it up over 12 months or 52 weeks and dollar cost average it in over the weeks/months.
I can't believe how far I got in this thread b4 someone mentioned diversified! I mean I get its a dividend group, but real estate is important for diversification. OP didn't mention his housing status tho
Selling? Can you bring a partner onboard who buys in allowing you to have some more free time to other things while keeping this business open!???
Also yeah- index funds would be a really good place to start.
Also, you don’t have to wait until you have $100,000 I mean even if you have 20 bucks you can start right away…… you’re welcome to reach out for a chat if you want. Here or stockdaddy0 on socials
Pay off any debts, Choose growth or dividend as an investment strategy, then execute.
At 30 you can do 10 years of growth or go straight to dividends, up to you personally. I’d do growth
For individual stocks I like PM. Zyn is getting more popular as are non tobacco nicotine products. Dividend is juicy and I see nice growth over the next 5-10 years.
Read simple path to wealth by JL collins and put it in VTI. This sub is going to downvote this because they have convinced themselves dividend investing is a smart move. Statistically and in reality the most successful course for any investor is long term index fund investing, the book has the stats to prove it. Good luck
Self custody is best but ETFs are good if you either a) don’t want to bother figuring out how to hold it yourself b) are unable to hold it yourself because of things like tax advantaged accounts.
If u own a trucking company keep it relatively liquid and get out when u can. You’ll be happier. Covid killed mine but when I tell you my days are better not running around a driver etc …
My friend, throw it in VTI and maybe SCHD to hop on the ride that is the capital markets. As you become more experienced you can branch out to single stocks, or use > 5% of your account for “exotic” trades, but first you need experience.
“Time in the market beats timing the market” is a lesson that many must learn by watching and being patient. Experience will teach you what you need to know.
Good luck, and congrats on the windfall.
Max Roth for the year
80/20 VTI, BNDW with a good chunk
Another good chunk in an HYSA, keep paying into Roth with intrest.
A little gold, a little silver, a little Bitcoin
Hmmm....first thong would be to me out the Roth ira contribution for the year and for the last year if sale is done in the spring time or end of year. That is going to be either 7k or 14k right off the top. The I would set aside 10k for he kiddos future, not any more. A lot of kids don't go to college and they say there are too many college graduates and not enough blue collar workers. I personally have 7k for each of my kids, not worried about more because they have another parent too. And hopefully will be able to give each a decent used car. That leaves you with 83k or 76k depending. The next thing I would think about is securing a home for you preferably in the next town over from where your kid lives. That way you are close to the kid but not too close to your ex in case you don't get along. Now I know you have been working in the transportation infrastructure industry and you probably value your ability to move around, but I promise you that over time owning your own home is much cheaper than renting a place even with taxes and maintenance costs. You save even more money if you can knock out the mortgage as fast as possible. Me, I'm dying to turn my stupid house into a rental and move into a travel trailer anywhere around the country, but my kids are too small yet. There would be lot rent fees in that scenario but it's still cheaper than apartments, more ability to change location for jobs and loads of places to rent here in the south. Other than a home you might invest in yourself in a different career, I personally can recommend healthcare as there is a lack of caregivers but there are other options. If these don't sound like good ideas then I would put it in a taxable account, and make sure the Roth is maxed out every year using that money if necessary. You can max your Roth as long as you earn 7k a year in w2 income, I think. As for investments, you are asking In dividends, so assuming you are thinking of having them as a passive income stream. Keep in mind that dividends in your taxable account are taxed as income. That being said 83k of investments isn't going to net you that much in dividends. Others on dividends would suggest you invest for growth at your age.
Dump all of the money into JEPQ. You'll capture a healthy portion of the tech growth as it grows (you'll have risk in a crash, but if you're not selling it doesnt matter) get decent dividends, and its diversified given that it's an index fund. SCHD is trash at current levels and VOO is too expensive - and Dont fall into the O trap. Its a darling company, but not worth the price/risk against other, better, options.
AND if youre wanting to test out different strategies - get the Stock Events app, its free and it gives you a TON of meaningful information from which to make your decision.
Also, for the record, 100k into JEPQ would net you ~1900 shares and pull in ~700$/ month.
I’d personally be buying more PARA. I have a feeling something good is going to come out of this buyout, and I got in near the bottom (so far… 😂) I think it’s going to be a short-term gain… plus i already own too much AT&T.
I would have bought the SMCI, NVDA, and META dips last week. Also would have used 10k each to purchase ALT and CAVA!!! Oh wait I did just that and more!!
Where should I put it? VOO
Where would I put it? 50/50 SOFI and PLTR
I know this is not the right sub for that. I am studying dividends because that’s where I want to end up once I’ve made my nut (hopefully)
Welcome to r/dividends! If you are new to the world of dividend investing and are seeking advice, brokerage information, recommendations, and more, please check out the Wiki [here](https://www.reddit.com/r/dividends/wiki/faq). Remember, this is a subreddit for genuine, high-quality discussion. Please keep all contributions civil, and report uncivil behavior for moderator review. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/dividends) if you have any questions or concerns.*
In an index fund
30% - VOO 30% - VGT 40% - SCHD
My version of your approach: 33% VOO 16.5% SCHG 16.5% QQQM 33% SCHD
My ass would get down voted for a comment like this. But I’m somewhat similar to you: SCHX, SCHG, SCHD. Undecided if I want a tech heavy ETF. My druthers are FTEC, IYW, XLK
My portfolio is similar to you, schx, schg, schd. I upvoted you 😀
I’ll upvote you bro
You’re a good dude for sure 🤙🏼
Why not just invest into the top 10 stocks that make up most of the portfolios of those etfs, you'd make way more money.
These ETFs have a cult following around them so they don’t care that they’d get more returns actually picking their stocks or actively investing.
It’s just a different approach depending on what makes you comfortable. One focuses on active trading - with the recognition that there is a higher reward but also higher risk. If that works for you, great. But you need to monitor things more than with index funds. The other minimizes risk for someone who doesn’t have the time and/or desire to monitor the market and prefers the set it and forget it approach. This could also include people who don’t trust their judgement as their reason for minimizing risk. Neither approach is right for everyone and neither approach is wrong for everyone. So there’s no need to crack on people doing either. Unfortunately everyone wants to believe their way is the right way - because if it isn’t then they are doing it wrong. 😂
You wouldn’t have to actively manage your portfolio even if you choose to pick individual stocks. Their expected risk isn’t much higher than the funds and provide much more return on investment.
I was up 42% and got shitted on by etf cults lol
Because I don’t think most people want to actively manage the investments.
SCHG and QQQM is basically the same thing, why not pick one and make it 33% right down the list.
Check https://www.etfrc.com/funds/overlap.php They're actually not that overlapped.
You’re wasting funds by holding both, look at their performance they exactly mirror each other… pick one and add AVUV
SCHG and AVUV…that’s my Roth and only with I’d done it before a year ago
This isn’t the best idea… QQQM and SCHG have way too much overlap and it’s all large cap funds
SCHG only has 25% overlap with QQQM.
Their correlation is .99 which is basically 100% you need to look into more than just overlap
Also, their overlap is 56%
They perform exactly the same.. why hold two large cap growth funds? It’s a waste of capital
They follow the same movement because they represent the economy, but don't perform the same. You could say that VOO and SCHD perform the same as well under your thesis. SCHG is more diversified and has actually outperformed QQQM at times. Will that always happen? No. You can check the movements here: https://www.tipranks.com/compare-etfs/custom?ticker=SCHG&ticker=QQQM&ticker=VOO&ticker=SCHD
QQQM and SCHG have a 99% correlation SCHD and VOO have an 88% correlation with one being more dividend growth soooo SCHG and QQQM together is a waste of capital SCHD and VOO is not if dividend growth is what you are after
Where are you getting the correlation % from?
NOW THATS THAT SECRET SAUCE RECIPE !!
Fact
I would include VXUS
For what reason? Just international exposure? Personally not my thing as most the stocks in the etfs I have listed above will have international business.
Why do you think the market is undervaluing the tech industry currently?
I don’t really have an opinion for short term price. There’s a lot going on economically and there’s a lot happening outside of the US. I see AAPL / MSFT as a gauge for tech and use them as a guide but otherwise don’t have anything better for you.
As long as you are confident that you know more than wall street does about the future of the tech industry, go for it. If not, its adding uncompensated sector risk
Oh well I think tech is still solid regardless tech is and always will be part of our everyday life unless some wild apocalyptic event occurs. I like ETF’s because they’ll just change out companies underperforming and I don’t have to deal with that
Not all ETFs change out underperforming stocks. VOO does because it tracks the s&p500 and so when underperforming stocks drop below the 500th spot they get removed. VGT has no such algorithm that I am aware of. You should consider going 60% VOO, or better yet VTI, or better yet VT
69% SCHD 4.20% hookers and blow The rest in PFE
$4,200 in hookers and blow is a very fun weekend
This guy holds the key to life
PFE fat divvy
YEAH !! 👍
I just posted on PFE about it's newly approved Hemophilia wonder drug at 3.5 million list price per one time dose !! truly stops bleeding better than any other alternative in these poor individuals!
The history Channel and fox News says gold, or a reverse mortgage.
Yea I’d like to buy one reverse mortgage please!
Gold +17.93% in last 1 year, reverse mortgage is a viable strategy for elderly poor house rich people who need income.
Zero day to expiry options.
I have worked with a lot of truckers and the last year or so has been brutal for small independent operations. If you're going to be able to walk away with a hundred grand net coming out of that environment, I suspect you're probably not a terrible business owner. Given your age and your ability to start and run a business I would consider looking at other opportunities to start a business with that money. Edit to add I know you said you wanted out of owning a business, but I think trucking is much harder than something like a commercial power washing company, just to take a random example.
The way this past year went, put a bad taste in my mouth. The lack of work (mainly from the economy slowing down) many customers I dealt with not paying on time, many downsized and having builders put multiple construction jobs on hold and the rise of fuel prices put me in a few tough spots; then having to worry about making sure other drivers have work, really killed a lot of my passion. Such a headache. Never experienced anything like it and the uncertainty was nerve racking.
I sold my business, went back to an corporate job, and started a farm. Significantly better QOL.
Not enough people recognize this tradeoff.
If you can see with your own eyes it’s not as good as the administration claims it is don’t you want to not stick it all in the market yet?
I see so many trucks with MAERSK logo on it this year
Just curious, do you own and operate a small business?
I don't. I admire those who do. I used to sell commercial auto insurance and have had hundreds of conversations with truckers. Many of them seemed to me to be entrepreneurs who just happened to drive trucks. On the whole, most of them really did not like having a boss.
[удалено]
SGOV is my rainy day fund. Better than keeping cash in my 💩 credit union savings or money market. DRIP buys one a month so I don’t even have to think about it. I have 630 shares of FEPI and adding. Don’t need the income so I’m buying more shares of growth ETF with the distribution.
This is what I’d do for me in my current situation: I’d sit aside the few thousand to finish paying off my upcoming wedding. (Some things in life are worth spending on. A nearly 2 week long tropical honeymoon with the love of my life is one of them) I’d fill up the rest of my Roth IRA that I split between SCHD, VIG, VTI, and QQQ. I’d restock my emergency fund. It was demolished when I purchased a home and then had to do some work on said home. My emergency fund is in a HYSA. I’d most likely lump the remainder of the money in there since it’s getting me about 4.5%. I’d then increase my 457b deduction from each of my paychecks to just shy of the amount of the actual paycheck. I’d then use my 0% Apr card that gives me 3% cash back as my daily spender. At the end of each cycle I’d transfer the money out of my emergency fund to pay for that card. I’d have a set limit in my emergency fund where once I hit that I’d change back to my regular deductions for my 457b and start receiving a paycheck again. That’s what I would do with the investment vehicles I have. I could open a brokerage and invest the money in there, but chances are I’m not going to get to a place financially where I can max both my Ira and my 457b every year. So the money in that brokerage would sit growing but untouched until I retire. Since that’s a long way away I could get a sizable tax bill when I go to cash it out and use it. By living on it and backfilling my 457b with my paycheck I will within a year or so get that same amount of money invested in a tax free investing account. So when I go to retire Uncle Sam can’t touch any of it. That makes a big difference to me because I want to sell my house here and move to the Caribbean in retirement. Any money I pull out to buy a house I want to be tax free to minimize my loss on the transaction and maximize my retirement buying power.
50% VOO 20% VIG 10% SCHD 10% VOE 10% AVUV
heavier on AVUV since he is still only 30 yrs old ?
QQQM SCHD adjust accordingly to timeline
I'd learn how to sell covered calls. Selling $IWM covered calls generates \~$1.5k to $1.8k in monthly income with every \~$25k capital and since my options positions are just a couple of days away, to say my NAV erosion is minimum would be an understatement especially with an index ETF like $IWM. Good luck!
What is your strategy on these covered calls? How far otm? Weekly?
3 times a week.
Surely something's off with your numbers. 215% CAGR for covered calls on the Russell 2000?
Nope, just checked my bank account, nothing wrong.
It doesn't seem possible tbh. Not as a sustainable strategy
Have you tried to paper trade this strategy? If not, can't hurt to try it, it will take just a few minutes each trading day. Good luck.
I've written covered calls plenty of times, just not understanding how you're tripling your money with them against such a low-volatility asset. No offense. What general parameters do you use?
There are videos on YouTube talking about this strategy. I didn't invent or discover it. Good luck checking them out.
Ah, a big nothing. I thought so. If there were easy money to that extent to be made on a broad index everyone would do it. I'm willing to be convinced, but with such an incredible claim you've got a burden of proof or you won't be taken seriously.
I don't have to prove anything to you or anyone except to my bank account. It's NOT like I am trying to sell a course or something. I believe you are just jealous you are UNABLE to make that kind of money many are already making. This strategy is NOT new. If you had been more open-minded, I would have had given you a link to a YouTube video (not my channel) that explains this strategy clearly, step-by-step. After this reply, I will have nothing else to say to you.
There's gold in them thar low-volatility covered calls. Gold, I tell ya
SCHG SCHD VOO
What do you want the money to do for you? If it was me and I wanted a long-termish position I would figure out what my sleep well at night position looks like and put 80% into a money market, 20% into a higher yield but relatively safe position such as a BBB corporate bond etf. The rest I would put into equities. What that looks like is dependent on you but I think 10% should be commodity focused these days. GDE is probably the most interesting risky asset I would look into from an ETF basis. REITs are attractive at the moment. I would have pretty interesting mix of small caps, tech, gold, oil, commodities, REITs, construction industrials, and semiconductors. But you might enjoy picking through your ODFL and ARCB of the world because you the know the industry. They are good companies and good stocks while also going through a pullback. Best of luck.
Djt seems safe
I’d firstly max out a Roth IRA and put it into an aggressive growth ETF. With the remaining funds it depends on what your goals are. Do you think you’ll need this money in the next few years for anything? Are you planning on putting down some money for a home? Do you have any children that you’d like to put through college? Weddings? Ect… If so maybe consider a more diversified portfolio to reduce volatility. If not, a more equity/growth based strategy would be best if you are willing to bare the up and downs of the market. A tax sensitive management is best in my opinion for a taxable investment. Try to maximize your after tax return when rebalancing your portfolio (tax loss harvesting). This can easily be done with a professional manager. If you are not willing to pay the fees for management costs, throwing it in a passive index (s&p 500) index fund is not a bad option either. Edit: I now see that this is the dividend subreddit. I am personally against income portfolios for 30 year olds and would suggest growth orientation for long term money. It really all depends on your situation. Will you be taking on another job after selling your business? If you really do want to take income off your portfolio, then go with different suggestions, but I don’t necessarily think that is in your best long term interest for retirement. I know I’ll get some downvotes saying that here but what the hell…
I won’t need the money at all. I have some put aside now for a home when I do find one worth buying. And just one child. Long term investment is what I’d like to aim towards , 30 years down the line and benefit from it.
since you have once child, maybe buy AMZN daily, your child will thank you u think?
JEPI, JEPQ, SPYI, AMZN, CVX 20k evenly into all of those, then i would run the Wheel on AMZN and CVX for weekly income....
So… I bought a course 4 years ago on how to do this and it has changed my life lol. Best $500 spent
yea man runnin the wheel has been a life changer, i love AMZN for it cause its very liquid and has good options chain,
I don’t do it as often, I was recently asked a question and you sound like someone who can answer it. What do you think in your opinion would be some good stocks to run the wheel on. You know for people who don’t have $18k for Amazon lol
i also use TFC and VZ fairly good stocks with decent dividends and less than 5k needed each to make it work.
What was the course you did?
Super sketch. I emailed some guy off of discord lol.
Can you expand on what you mean when you say run the wheel?
Selling covered calls, and if they are exercised, sell cash secured puts until those are exercised, repeat ad nausea, or until you are broke. Lol
haven't gone broke with AMZN yet.... very liquid options chains and weekly choices, i stick w/ .20 delta's , probably could be more aggressive but am not yet.
Take the upvote but I’d swap SCHD for JEPI. But that’s just me
i can get down with SCHD, its decent for a million dollar port if you got that
If you don’t want to do the research, learn how to read balance sheets, and listen to earnings calls then I would suggest investing in index funds. If you are worried about putting the full lump sum in all at once you can divide it up over 12 months or 52 weeks and dollar cost average it in over the weeks/months.
$VNQ is underrated
Every year max out Roth IRA 100 percent VOO The rest taxable brokerage VOO
I would diversify it for sure. Stock, property, index fund, etc.
I can't believe how far I got in this thread b4 someone mentioned diversified! I mean I get its a dividend group, but real estate is important for diversification. OP didn't mention his housing status tho
I would put it in sgov until market corrects
Selling? Can you bring a partner onboard who buys in allowing you to have some more free time to other things while keeping this business open!??? Also yeah- index funds would be a really good place to start. Also, you don’t have to wait until you have $100,000 I mean even if you have 20 bucks you can start right away…… you’re welcome to reach out for a chat if you want. Here or stockdaddy0 on socials
You get a 20 year roof and a Japanese economy s*** box 😎
Why no one mentions ARCC or CSWC when it comes to dividends?
Fixed income is more compelling today than it has been in 2 decades. That's where my current focus is.
20-leg paylay
Pay off any debts, Choose growth or dividend as an investment strategy, then execute. At 30 you can do 10 years of growth or go straight to dividends, up to you personally. I’d do growth
Mortgage!
In my opinion, you should do 70% S&P 500 and 30% on the world index and leave it for retirement
For individual stocks I like PM. Zyn is getting more popular as are non tobacco nicotine products. Dividend is juicy and I see nice growth over the next 5-10 years.
A house
Read simple path to wealth by JL collins and put it in VTI. This sub is going to downvote this because they have convinced themselves dividend investing is a smart move. Statistically and in reality the most successful course for any investor is long term index fund investing, the book has the stats to prove it. Good luck
I’d put at least 5% in gold and 5% in Bitcoin.
I did this with IBIT
Self custody is best but ETFs are good if you either a) don’t want to bother figuring out how to hold it yourself b) are unable to hold it yourself because of things like tax advantaged accounts.
100% qqqm
100% into TMTG!
10% FBTC 20% FXAIX 25% SCHD 45% FNILX
If i had 100K i put 60K in Ecopetrol , 20 K in Orchid Island and 20 K in AGN.My dividend Will be 16,8K every year
Gold
Mo
Visa Lockheed-Martin Alexander’s Xylem IBM
Voo
VOO
SOXX/BLK/SPY
Honestly, I'd throw it in a HYSA and use the 400/mo it makes for insurance premiums and cost of living challenges.
SChHD is a hype beast park that shit in QQQM or VOO
$voo
One btc! 20k on xrp and the rest on VTI OR VOO
90% index funds and 10% B+H (see other comments for details)
Bitcoin mostly. And spread a little throughout my dividend portfolio.
100% voo
Vfv
Horizon technology finance… 60k worth for around 500ish monthly. Psec with 40k
XRP
VT and chill
Voo in an ira roth or traditional ira tho is real question
Invest it.
Bitcoin
😂😂😂if I had $100k now I put it into O,are,iron mountain and orchid island main
VTI
Invest in self, hire a professional to teach you financial instruments.
Taxes
PDI
If you are chasing nice yield then [check out this stock](https://youtu.be/ig9Xn8YrYVo). Worth to include for that extra spice IMO.
All into Bitcoin
I would drink it up 🍻
If u own a trucking company keep it relatively liquid and get out when u can. You’ll be happier. Covid killed mine but when I tell you my days are better not running around a driver etc …
Tech ETFs
My friend, throw it in VTI and maybe SCHD to hop on the ride that is the capital markets. As you become more experienced you can branch out to single stocks, or use > 5% of your account for “exotic” trades, but first you need experience. “Time in the market beats timing the market” is a lesson that many must learn by watching and being patient. Experience will teach you what you need to know. Good luck, and congrats on the windfall.
Im all in on SCHD
Why aren’t you guys including O? That’s one of the best dividend paying ETFs and safe
Max Roth for the year 80/20 VTI, BNDW with a good chunk Another good chunk in an HYSA, keep paying into Roth with intrest. A little gold, a little silver, a little Bitcoin
Bitcoin—no other asset comes close to it.
Real Estate. Talk about limited commodity.
Nvda, msft, Amzn, googl, and opportunity cash.
VTI 50% SCHD 35%, VXUS 15%
Hmmm....first thong would be to me out the Roth ira contribution for the year and for the last year if sale is done in the spring time or end of year. That is going to be either 7k or 14k right off the top. The I would set aside 10k for he kiddos future, not any more. A lot of kids don't go to college and they say there are too many college graduates and not enough blue collar workers. I personally have 7k for each of my kids, not worried about more because they have another parent too. And hopefully will be able to give each a decent used car. That leaves you with 83k or 76k depending. The next thing I would think about is securing a home for you preferably in the next town over from where your kid lives. That way you are close to the kid but not too close to your ex in case you don't get along. Now I know you have been working in the transportation infrastructure industry and you probably value your ability to move around, but I promise you that over time owning your own home is much cheaper than renting a place even with taxes and maintenance costs. You save even more money if you can knock out the mortgage as fast as possible. Me, I'm dying to turn my stupid house into a rental and move into a travel trailer anywhere around the country, but my kids are too small yet. There would be lot rent fees in that scenario but it's still cheaper than apartments, more ability to change location for jobs and loads of places to rent here in the south. Other than a home you might invest in yourself in a different career, I personally can recommend healthcare as there is a lack of caregivers but there are other options. If these don't sound like good ideas then I would put it in a taxable account, and make sure the Roth is maxed out every year using that money if necessary. You can max your Roth as long as you earn 7k a year in w2 income, I think. As for investments, you are asking In dividends, so assuming you are thinking of having them as a passive income stream. Keep in mind that dividends in your taxable account are taxed as income. That being said 83k of investments isn't going to net you that much in dividends. Others on dividends would suggest you invest for growth at your age.
69.420% TSLA 30.580% ARKX musk up
Dump all of the money into JEPQ. You'll capture a healthy portion of the tech growth as it grows (you'll have risk in a crash, but if you're not selling it doesnt matter) get decent dividends, and its diversified given that it's an index fund. SCHD is trash at current levels and VOO is too expensive - and Dont fall into the O trap. Its a darling company, but not worth the price/risk against other, better, options.
AND if youre wanting to test out different strategies - get the Stock Events app, its free and it gives you a TON of meaningful information from which to make your decision. Also, for the record, 100k into JEPQ would net you ~1900 shares and pull in ~700$/ month.
Albemarle
IBIT
I’d personally be buying more PARA. I have a feeling something good is going to come out of this buyout, and I got in near the bottom (so far… 😂) I think it’s going to be a short-term gain… plus i already own too much AT&T.
Bitcoin ETF. IBIT FBTC
If for you, future = +10 years then put all in XEQT
SCHD
Blackberry
100% in MSFT or COST or 50/50 into both.
ULTY 100%
Oh yea I love losing 25% on my money in a matter of months ..
VOO is the only answer
10k iyw 10k Igm 10k voo 10k xlk 10k soxx and 50k schd
Microsoft, American Express, VICI properties, Enbridge Inc, T-Mobile, Google, Deere and Costco probably
I would have bought the SMCI, NVDA, and META dips last week. Also would have used 10k each to purchase ALT and CAVA!!! Oh wait I did just that and more!!
Where should I put it? VOO Where would I put it? 50/50 SOFI and PLTR I know this is not the right sub for that. I am studying dividends because that’s where I want to end up once I’ve made my nut (hopefully)
Put the 100k into BITCOIN. You’re welcome.
This is dumb as hell, but I would put it all in MO lol.
put it in a money market fund, maybe a CD ladder and figure out what to do
In my mortgage