[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 162 KB, 1200x763, 36988350-Compound-Interest-words-on-a-background-of-perecent-symbols-or-signs-to-illustrate-growing-income-or-Stock-Photo.jpg [View same] [iqdb] [saucenao] [google]
54597378 No.54597378 [Reply] [Original]

Who here DRIPs?
https://www.investopedia.com/ask/answers/what-is-a-drip/

Do you invest in individual stocks with juicy dividends, blue-chips with long-term dividend growth, or do you create your portfolio with broad, dividend-focused ETFs?

What other resources do you have for those interested in getting into DRIP investing and other passive income strategies?

>> No.54597423

Only good when it crabs

>> No.54597454

i just have a position in schd because its parameters are basically in line with what ive read is important when picking div stocks. it just kinda sucks you need massive capital to make the returns noticable

>> No.54597494
File: 92 KB, 296x297, capin.png [View same] [iqdb] [saucenao] [google]
54597494

>>54597378
ARCC
CSWC
EPD
MAIN
UTG

>> No.54598411

Man this shit is depressing.
I just put it into a calculator. If I put my entire life saving's of $30k into a dividend stock with 10% APR, compounded monthly, and add $500 every month, about what I have free after paying to live, then in 35 years, when I'm 65 years old, I'll have $2.8M. Which will probably be worth today's equivalent of $100k, so not even close to enough to retire on.

>> No.54598736

>>54598411
now imagine what it would be like to be 65 and broke

>> No.54599287

>>54598411
I mean, like 0.001% of people have investment portfolios worth 2.8M at any age. Why being among that group is depressing to you is a mystery to me. Chances are you won't even ever see 1M.

>> No.54599406

>>54597378
I prefer Bitcoin for most of my money but I do have a stock portfolio that I funded. It mostly funds itself now, I rarely add to it anymore though I might siphon some Bitcoin gains into it occasionally.
JEPI - 40%
JEPQ - 30%
QQQM - 15%
VOO - 15%
M1 Finance auto buys any holdings that are falling behind my percentage targets so JEPI and JEPQ just keep chugging along. I rebalance manually a little every year or so too.

>> No.54599499

>>54598411
Now factor in federal+state taxes which will severely damage the compounding

t. tax haven chad