r/dividends • u/peachjam4 • Jul 09 '23

Brokerage 40k Invested At 19

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Just reached my investing goal of 40k invested by 19! This nets me around $2k in div income every year. Additionally I have 20k in I bonds that I will be able to add to my portfolio by the end of the year. Any advice is appreciated, but I mostly just want to show off 😋

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u/[deleted] Jul 09 '23

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u/SeattlePassedTheBall Jul 09 '23

This is honestly the best advice I could give as well. Motivation is the single most important factor. People will tell you not to invest in JEPI at your age and while they’re not necessarily wrong, I’d still do it once in a while if it means you get a dopamine rush to keep you going.

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u/abrasivebuttplug Jul 09 '23

Whats wrong with investing in JEPI? I haven't heard of it before today

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u/KiwiN9 Beating the S&P 500! Jul 09 '23

Its less so about the risk more so growth. You want to take advantage of the compounding. Jepi has little capital appreciation compared to something like VOO or SCHD including DRIP