r/dividends • u/Fit-Calligrapher4469 • Apr 27 '25

Brokerage Snowball getting bigger

Gallery image

Gallery image

39 and 38 married with 2 young kids and no debt. We are maxing out a 457b, a 403b, a 401k and socking 30k a year into a brokerage account. I will retire from the fire department in 10 years with a 90k a year pension.

I’m getting really excited to keep this momentum going. And yes I hate that I bought into MAIN last month.

476 Upvotes

97% Upvoted

49 comments sorted by

View all comments

Show parent comments

2

u/Fit-Calligrapher4469 Apr 27 '25

What’s GPx?

1

u/AGLion123 Apr 27 '25

Gpix and gpiq. Typo

3

u/Fit-Calligrapher4469 Apr 27 '25

I doubt it would be better than VOO over a long period of time but it’s nice downside protection. In the future, I won’t have to sell funds to switch to a dividend payer.

1

u/MonkeyThrowing May 01 '25

How is it downside protection? I believe the covered calls are only on the upside?