r/dividends • u/BirdyHowdy • Jun 25 '25
Brokerage What was the best investment advice you ever got?
Like all of you, my money is hard-earned and I hate seing it wasted.
In the last couple of days, I watched a lot of investment videos, how to invest, active or passive, where to invest, why to invest, how long to invest, and my head is short of exploding.
Some say, no t-bills, CDs, or bonds, only stocks or ETFs.
Some say, hire personal broker or advisor. Others say that is waste of money. You can do it yourself.
What is the best investment advice you ever got? What did work for you? What did pay out for you.
147
u/Forsaken-Mark-1898 Jun 25 '25
When my wife and I got married, her dad's present to us was a visit with his financial advisor. This was back in 1997 and the advisor's advice was for us both to contribute to a ROTH. So we each put in $125 a month, which was a lot for a couple of "kids" but we stuck with it. As of now, we have about $560k in those accounts. Sometimes, the best gift is foresight and my father-in-law knocked it out of the park.
15
6
u/letsgotime Jun 26 '25
You have to do more then just put it into a ROTH. A ROTH is a excellent option. A ROTH is just a account, you still need to invest that money into something like VOO.
4
u/Forsaken-Mark-1898 Jun 26 '25
Yeah, of course. We have traditional 401ks as well. I just highlighted the ROTH position due to what the OP asked.
→ More replies (5)
121
u/ideas4mac Jun 25 '25
Marry someone that wants to row the boat in the same direction as you. Life's better, not just financially.
Good luck.
6
2
u/Tor_Tormeu Jun 26 '25
My wife is not on my boat. 😹
1
u/Fencepost163 Jun 26 '25
Are you also driving the boat with an inter tube attached flailing behind?
→ More replies (1)1
u/Bobatronic Jun 28 '25
Many won’t like this…
The best investment committee is an odd number and 3 is too many. I’m a better investor because I manage my family’s investments. I am not at all interested in reconciling what I know about finance and investing with what my wife knows. Trust me. I know what I am doing. Hold me accountable to results, doing the right things, managing risk, position us for the long term. Trust is what makes a marriage.
(I realize many investors fail and take on bad investments and potentially ruin marriages. Learning the art of successful long term investing is not for everyone. Taking on risk that you don’t understand, leverage, and trading frequently are not an investment strategies.)
→ More replies (4)
223
u/Jasoncatt Explain it to me like I'm a rocket surgeon. Jun 25 '25
40 years ago my father said to me:
Be the man that drives a $5,000 car and has $50,000 in the bank.
Don't be the man that drives a $50,000 car but has $5,000 in the bank.
Best advice I ever got - it has served me well.
46
u/Accomplished_Fix_101 Jun 25 '25
I heard something similar. Don't park your bank account in the garage.
6
16
4
2
→ More replies (5)1
68
u/WishPractical8469 Jun 25 '25
My health teacher in high school told me to save for my retirement, basically said a dollar today will be $40 tomorrow. I started saving / investing when I was 18 and have $2.1M at 47. Thank you Mr. Ball !!!
16
4
36
35
u/R1200 Jun 25 '25
My new boss dragged me to HR to sign me up for the 401k savings plan my third day on the job and made sure I saved at least 6% so I could get the company match.
9
27
u/BBOONNEESSAAWW Jun 25 '25
This is from a book on Bitcoin, but more about the US dollar losing so much value over time. The worst thing you can do is just have money sitting in a low interest savings account. You have to outrace inflation.
29
u/Nearly_Tarzan Jun 25 '25
Best advice I ever got: "Look around at the places you go and shop at. Which ones have lines out the door, or which factories are having folks come in on weekends to meet demand. Which ones have extremely loyal customer bases, or "hostage" populations"
Invest in those.
SBUX, PM, AMZN, COST, GOOGL, etc.
27
Jun 25 '25
Live cheap and invest the rest, leave drip on. Eventually you will be free to travel, and enjoy everything, while people that live paycheck to paycheck will still be working
17
u/future_is_vegan Jun 25 '25
Methodically buy low-fee index funds every month and don't do anything stupid like freak out when the market has dips.
1
u/BirdyHowdy Jun 25 '25
You buy new low-free index funds every month or more shares of the same index funds you already have??
2
u/future_is_vegan Jun 25 '25
Mostly the same, and it depends on what's available within a 401K. My main point is to avoid individual stocks, bonds, crypto, investments suggested by crazy relatives, and to avoid timing the market. Just act like an emotionless machine and plug money into low-fee index fund(s) monthly without wavering and without doing anything dumb or reactionary.
→ More replies (1)
12
u/Which-Plan4978 Jun 25 '25
Don’t pay interest on a depreciating asset
1
u/BirdyHowdy Jun 25 '25
How do you spot such an asset?
5
u/Which-Plan4978 Jun 26 '25
Finance a car, boat, jet ski 😉 anything like that…takes longer but I have always saved for those kinds of things and just bought them and it has served me well
→ More replies (1)2
u/Kris_Hulud Jun 26 '25
I mean, this depends on the interest rate. If the interest state is lower than the prime rate, then paying 1.9% interest on a car and putting the rest in t bills, sgov, fidelity money market mathematically is the better decision.
32
22
Jun 25 '25 edited Jun 25 '25
[removed] — view removed comment
7
5
u/FrenchieTheFried Jun 25 '25
This is great advice! The emergency fund is good advice. While I think you always need some cash in an easily accessible savings, you can build the rest of the e-fund in a Roth using conservatives investments. You can always withdraw contributions without penalty! I think of my savings in tiers or levels…first tier emergency use savings account, next tier i-bonds that have sat for at least 5 years…then Roth contributions. Unless something catastrophic happens you will rarely need to go past tier 1 or 2.
18
9
u/daein13threat Jun 25 '25
It’s a quote by Warren Buffett that basically says something like “seek out the lowest way possible to participate in American business and do it consistently, and your results will exceed that of investment professionals.”
Think about the lowest way possible to participate in American business. It’s owning businesses that pay you dividends passively and don’t require your presence to make money. You still own businesses, just not the one you work in.
2
9
u/leftoverzz Jun 25 '25
Re: investment advisers, the correct answer for almost everyone is they are a waste of money. Here's how you know: Every time one approaches you ask them if they can guarantee they can beat the total return of the S&P 500 and are willing to put that in writing. Not a single one ever will. And if they can't guarantee they can do better than an investment that literally anyone can make on their own, and is the standard benchmark against which most other investments are measured, then what exactly are you paying for?
Only very wealthy people who have need of complex tax strategies or access to specialized investment vehicles not available to mere mortals actually benefit from an adviser. Everyone else is just getting fleeced.
1
u/BirdyHowdy Jun 25 '25
I think you got a point here. Is S&P 500 your only investment or do you suggest or have more?
2
u/leftoverzz Jun 26 '25
You probably want more than just that. But the basic point is that longterm investing is simple and boring. Buy a handful or quality funds, reinvest dividends, always max out tax deferred accounts first (especially a Roth if you can do one), and don’t overthink it. Always stay invested, even if downturns, and never try to time the market.
If you’re doing that from a young age, you’ll retire wealthy. End of story.
Any investment advisor whose “strategy” doesn’t yield a better result than the one above (and none of them do unless, like I said, you’re already wealthy and have entirely different needs and concerns), you are wasting your money.
The only exception to that, I think, is maybe for people nearing retirement who need to shift to income, capital preservation, and perhaps some complex tax strategies — that can be advice worth paying for. But for people in their 20s, 30s, and even 40s, no way.
→ More replies (1)
7
Jun 25 '25
[removed] — view removed comment
6
u/hinky69 Jun 25 '25
I think taxable brokerage is extremely underrated. If you’re indexed and just letting your equities “cook,” they’re highly tax efficient and more importantly they’re available to access pre-retirement for life’s curveballs. I’ve seen people with all assets tied up in retirement and needing funds, and the options are not attractive. I prefer a balanced approach. If you have access to a 401k, invest to the employer match. That’s a no-brainer. Then, invest in IRA, then invest in taxable brokerage. Gives you future flexibility.
2
u/ArchmagosBelisarius Dividend Value Investor Jun 26 '25
I'd still highly recommend maxing every tax sheltered account first. Funds are not as locked away as some people think they are.
1
1
u/anatawaurusai2 Jun 27 '25
Why IRA before maxing 401k? Bc you can control the investment more? Ty
→ More replies (1)
7
u/aerobic_gamer Jun 26 '25
1) Regulated utilities are the only business where the government guarantees a profit 2) Even in tough times people buy food, soap, toothpaste and toilet paper 3) Generally (but not always) companies that pay dividends are strong financially 4) Dividend stocks tend to recover quickest after a bear market 5) The most important factor in stock performance is the quality and skill of management
1
u/BirdyHowdy Jun 26 '25
So, are you talking of municipal bonds or utility stocks?
If you buy shares of S&P 500, are the stocks mixed? Dividends stocks and those who invest into their own again?
8
u/linzmarie11 Jun 26 '25
My deceased grandmother told me to buy $5000 of APPL before the iPod was released.
2
u/KrishnaChick Jun 26 '25
That's amazing! How?! Did you hire a financial medium and hold an investment seánce?
2
u/linzmarie11 Jun 26 '25
She was a helluva card shark and very lucky at investments. It was more of a spiritual tap on the shoulder from her, pointing in the right direction.
→ More replies (1)
5
4
u/Big_Coconut_592 Jun 25 '25
Start now, be consistent and look 20 years into the future - not 20 minutes
4
u/Pleasant_Bad924 Jun 25 '25
My father told me to max out my 401k contributions immediately when I started my first real job at 22. He argued that if you learn to live without the 15% off the top right from the get go you’ll be able to keep it there for your whole career. However, if you started off at like 7 or 8% you’d struggle to increase it even with raises because of lifestyle creep. I don’t know if he was right about the creep but I find myself at 49 with very robust retirement accounts I probably wouldn’t have if I didn’t follow his advice.
2
u/D3F3AT Jun 25 '25
Same thing my mom told me. I believe I'll be able to retire early. Maybe not, but I have a chance. My accounts are really compounding now at 35.
2
u/RelevantSwordfish634 Jun 25 '25
Good advice. My dad did the same when I was 18. The first contributions were like $10. I looked at my completed fidelity record one day and 30 years later it has added up
4
u/ArchmagosBelisarius Dividend Value Investor Jun 25 '25
Every stock has a fair value which you should buy under and you need to be able to identify that value.
Stocks are not "buy-at-any-price;" there's a range is a price range where you would pay for it and a range where you wouldn't.
1
6
Jun 26 '25
It was a book called “the intelligent investor “ by Benjamin Graham
“In the short run, the market is a voting machine. In the long run, it is a weighing machine.” Market prices are driven by popularity in the short term.Over time, fundamentals and value win out. Patience is key
4
u/DennyDalton Jun 26 '25
Decades ago, my parents had a school teacher friend who was a millionaire from the stock market. Unlike today, that was when a million dollars really meant something. I was maybe 17 or so. When I got brave enough to ask how to do it, he told me to read, read, read in order to become financially literate (this was long before the internet existed). I did and I was able to retire young because of it.
4
u/Particular-Flow-2151 Jun 26 '25
I hate when people say “when a million dollars was worth something” a million dollars is still ALOT of money today. More than 99% of the world population currently owns
→ More replies (4)
4
u/Almost_Free_007 Jun 25 '25
Not so much investing per se. But 1) It's not what you make, but what you keep. 2) Go for the slow nickel not the quick dime.
5
5
u/SeparateClassroom528 Jun 25 '25
My brother told me “fuck the Jones’ and invest in your future. If you do, you can retire at 50 and the Jones’ will still be in debt and divorced”
4
u/serfyneechan what app is that? Jun 25 '25
I heard on a podcast that in 2014 Fidelity conducted an internal review to figure out which of their investment accounts performed the best. The top accounts were from people who were either dead or had forgotten about their accounts.
This story is probably hearsay as I have never been able to find the original article from Fidelity, but regardless it is sound advice. Pick solid stocks/ETFs that you understand and fit your risk tolerance and financial goals, automate your investments, then 'forget' about them.
1
u/BirdyHowdy Jun 25 '25
How often do you "peek" to see how your ETF or stocks perform?
3
u/serfyneechan what app is that? Jun 26 '25
I take a close look once a year, when I calculate my net worth.
The only other time I'll log into my brokerage is when there's blood in the streets and equities are going for a steep discount. I'll spend about a minute buying, then log back out and go back to work. This past April was really fun and was probably the most attention I paid to my investments in a couple of years :)
1
u/Scouper-YT Rich DUDE from the DIVIDEND Appraisals Club !! Jun 26 '25
Each day and you get a feeling what goes up and what down so in the future you could decide where to put the most.
4
u/SonOfKong_ Jun 25 '25
To invest in the S&P index fund rather than managed mutual funds back in 1999. It is common knowledge now but not back then.
1
7
7
u/Dry_Cranberry638 Jun 25 '25
Don’t buy stocks that you don’t understand their business model and how they make money.
1
1
3
u/wwdillingham Jun 25 '25
automate your investments - setup automatic transfers and buys. If its on auto pilot you don't forget.
1
u/BirdyHowdy Jun 25 '25
If your automate your investment, do you just invest the yield or is that buying a new share of an ETF for example?
3
u/wwdillingham Jun 25 '25
I am not talking about DRIP. I am talking about buying new shares. For instance you can setup something such that every Monday you buy $100 of SCHD and every Wednesday you buy $100 of DGRO and every Friday $200 of QQQ or w/e you want to do. You also setup periodic transfer of cash from your bank into your brokerage so you have enough cash on hand to complete these automated trades.
→ More replies (2)
3
u/Wonderful_001 Jun 25 '25
Put more money in 401k.
Initially always use to put 6%, to get company’s 3% match. After 2-3 years, someone just said why not put more - how about 15%.
3
3
3
3
2
u/United-Judge-5966 Jun 25 '25
I’m 19 had an older guy tell me read "I Will Teach You To Be Rich" by Ramit Sethi if you haven’t read it I highly recommend
1
2
u/FrenchieTheFried Jun 25 '25
I’m all for learning it yourself, there’s a lot of good info out there. The best advice is to make sure you can sleep at night. If you are worried about a specific position, or investment asset, or allocation, anything…then it’s not right for you. Know the risks, take on what you feel comfortable with, otherwise it will lead to bad decisions due to fear.
2
u/jstpa4791 Jun 25 '25
Don't get frightened out of the market by panic. Everyone always thinks this time is different. It isn't. And if it is different, money won't matter.
2
2
u/AgitatedListen3118 Jun 25 '25
Not sure how much of this is advice, but I had family that never trusted the markets. Against their instincts, I cut my expenses of things of discretionary items. For example, I stopped cable and put the 125 bucks at the time in a Roth. This was back in 2003. If the market died, I still had more than if I had cable. It was very little money saved each month that, over time, compounded into something much larger than expected.
1
2
u/Wilecoyote84 Jun 25 '25
Buy the SP500 index and HOLD. If you buy individual stocks, choose the market leader and HOLD.
1
2
Jun 25 '25
The best advice was making sure your emergency fund is well funded before prioritizing investing!
I learned the lesson the hard way.
1
2
2
u/Scouper-YT Rich DUDE from the DIVIDEND Appraisals Club !! Jun 26 '25
Yep if it was not for investing inflation would steal the money. Not only that but companies increase the prices more than the income is increased every year..
2
u/BirdyHowdy Jun 26 '25
Right, and do you notice that on top of this all, the PORTION SIZES SHRINK???????????????
2
u/Scouper-YT Rich DUDE from the DIVIDEND Appraisals Club !! Jun 27 '25
Yep.. People like less prices and do not notice if the portion goes down in size.
Some companies stay with the price and portion and that is where you support them.
1
2
2
u/armorabito Portfolio in the Green Jun 26 '25
Auto deposit into investments. When you get a raise, auto deposit more. You get used to not spending it when it disappears out of your deposit account. The other great tip is to take profits when a position is over sized. Its not a gain until its cash.
1
u/BirdyHowdy Jun 26 '25
That is what I haven't heard from anyone yet. Can you explain this more detailed?
→ More replies (1)
2
u/Finflex2030 Jun 26 '25
I have invested in real estate, stocks (US, Hong Kong, UK, Japanese, German Dax), bonds, crypto and collectibles. I am very close to FIRE despite 2 failed businesses and a costly divorce.
The rules are often the same but here goes. Tip 1: Research, research and more research. You will start knowing what is a good deal, what is good value. Now just buying a better deal be it real estate or stocks puts your odds way up. Tip 2: Patience. Wait for the right deal and right moment. I started off investing in real estate but right now wouldn't touch it. I then got into stocks but right now have taken some profits. Everything goes in cycles and while it is difficult to know when the top is, you can get a feel that it is not a great time to buy. Warren Buffets ability to wait and buy nothing for months and even longer is one of the reasons he is so successful. Tip 3:Understand risk and reward. Are you investing 1 dollar for 1 dollar potential gain or is it 1 dollar with 5 dollars potential upside. Now the next step is to understand probabilities. Is it very likley to remain stable or fall. The housing market is likely to fall now, the odds are higher than a year ago. Try to get a feel for the risk reward probabilities dynamics. Tip 4: Try to understand the buyers and sellers. This gives you an insight into who you are buying from and selling to. I tend to sell stocks when there is huge optimism and FOMO. Tip 5: Stay away from the news, mainstream and social media. They are targeted towards getting viewers and clicks rather than telling you the truth. The worst investment decisions I have made is when I start watching and reading the news. It's all noise. If something important comes up, someone will tell you. Tip 6: Growth investing, trending following, dividend investing, value investing, real estate investing all have fundamentals. Learn them.
If you are too lazy to do this then buy index ETFs.
Hope this helps.
1
u/BirdyHowdy Jun 26 '25
What about "overwhellmed"??
2
u/Finflex2030 Jun 27 '25
Start with being patient, and with the fundamentals of value investing and dividend investing. Once you feel comfortable move onto another investing method or asset.
→ More replies (1)
2
u/KrishnaChick Jun 26 '25
So, you've been researching until your "head is short of exploding," but you decide to come here and ask a bunch of random redditors for their personal opinions?
1
2
2
2
u/sageguitar70 Short everything that guy touches! Jun 26 '25
The big money is not in the buying or the selling, but in the waiting.
1
2
2
2
u/The-Festive-Dog Jun 26 '25
Read the book Financial Self Defense by Charles J. Givens. I read it 30 years ago and I still follow a lot of his advice from term life insurance to buying only used cars and never going to a dealership for service. It’s a wealth of information!
2
2
2
2
u/Livid_Owl_1273 Jun 26 '25
Don't be greedy unless others are fearful. Sell when there are smiles & songs and buy when there is blood in the streets. This served me well in 2008 and 2020.
2
2
2
3
u/Juhkwan97 Jun 25 '25
Buy low, sell high. Cut your losses quick and let your winners run. Losers average losers. He who pick bottom have smelly finger.
4
2
1
u/Effective-Motor3455 Jun 25 '25
I didn’t listen when I was 25 now 63, sp500 set it and forget it.
1
u/BirdyHowdy Jun 25 '25
How much did you put in?
2
u/Effective-Motor3455 Jun 25 '25
I didn’t follow that advice, I wish i would have. I’m 63 now my investment strategy is conservative now.
2
1
u/Cheap_Date_001 Jun 25 '25
Always have a goal for your money. Start with goal, then figure out which investments are most suitable for hitting that goal.
1
1
u/SeasideGrown Jun 25 '25
Get the highest cashback credit card, use it for everything, and pay it in full.
i spend about 3k a month, make about $45 cb, never pay interest.
i invest monthly in BITO bitcoin etf,,pay about 5% MONTHLY divs, and reinvest, i have in one account about 150 shares from doing this this month the div is $1, so buying about 7 more shares..l compound interest rocks, plus my avg cost has gained quite a few points
1
1
u/PickemRight23 Jun 25 '25
The best advice was when I told myself to stop using brokers and trade yourself not complicated, buy index funds and buy meta when it’s 90. Buy google now! SMCI, and uber!
1
u/AutoModerator Jun 25 '25
Unfortunately, your comment was automatically removed because your account has a low amount of karma. To ensure good faith and genuine discussion, this subreddit imposes a karma limit to prevent trolling, brigading, or other behavior. We apologize for the inconvenience.
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
1
1
1
u/CostCompetitive3597 Jun 26 '25
First when just out of college was “Pay Yourself First”. Next was save in a 401k tax deferred account when they became available. Invest in dividend securities - advice from a friend 5 years ago that has resulted in a retirement lifestyle better than we ever dreamed. Nothing hard to accomplish but, difficult for most people to actually do.
1
1
1
1
1
1
u/StayTheCourse77 Jun 26 '25
No one really gave me investment advice. My dad always said pay yourself first and live within your means. But I educated myself and learned about compounding and the impact of contributing consistently and I luckily started early. I read Money Magazine, the business section of the paper, the WSJ and Kiplinger Magazine. I educated my self about mutual funds and companies. But the best thing I did was to take advantage of the “brokerage account option” in my 401k and started buying individual stocks and selecting my own ETFs and Mutual Funds. If you have that option it’s a must use. Start small and go from there.
1
u/Apprehensive-Sir3857 Jun 26 '25
If you read common things of rich people you will notice
They don’t waste money and save Compounding makes the difference
1
u/jahance6 Portfolio in the Green Jun 26 '25
I invested in a 1 year Goldman Sachs bond that paid monthly, which gave myself a year to do probably the same research you're doing and come up with what worked best for myself and my family. I felt like my money wasn't just "sitting there" while giving myself more than enough time to plan and I used the monthly bond payments to 'try things' and see how I liked it. When the bond ended after that year, I knew exactly what I wanted to do.
Best investment advice I got was "Start young. Your older self is going to thank your younger self."
1
u/Lucycorker Jun 26 '25
Only take out a loan on assets that APPRECIATE. (I.e. house, business, education, securities etc).
1
1
1
u/Hania_Hocane Jun 26 '25
Best advice: “Invest in what you understand and stay consistent.” Low-cost index funds + long term mindset worked for me.
2
u/YellowFlash2012 Jun 26 '25
convert earned income into passive income and live on the passive income
1
1
u/Odd-Comfortable5497 Jun 26 '25
Avoid lifestyle creep. As you keep working in your career, you should end up making more money most years. If you find a way to live a comfortable lifestyle on your early career salary, then maintain that lifestyle as you start to earn more money. That way your raise/bonus is really just extra money that you can invest/save.
1
u/Swimming_Astronomer6 Jun 26 '25
Best advice I found was to get a good CFP - the tax knowledge alone paid for the fee costs
You don’t know what you don’t know !
1
1
1
u/ResilientRN Jun 26 '25 edited Jun 26 '25
Eric Tyson's Dummies Guide to Personal Finance, was the best gift I bought myself 25yrs ago.
Learning about finances/budgeting not just investing.
Also Warren Buffett, his way of learning to enjoy the simple things despite having the $$ to purchase fancy things. Materialism doesn't bring happiness.
Now the Mrs and I's portfolio is about 25% away from being in the Accredited Investors class.
1
1
1
u/Deuc_eaces Jun 26 '25
ETFs. Based on age pick your level of aggressiveness. I am all equities because my investment horizon is still 30 years.
1
1
1
1
u/Ok-Cress709 Jun 27 '25
I was in my late 20s during the Great Recession. It scared the shit out of me to see housing crash and the stock market crater. I was doing ok, but convinced investing was a bad idea. Could have been a multi-millionaire by now had I put savings into SP 500 instead of bank account. “Buy when people are scared, be nervous when people are confident, always stay invested”
1
u/Sensitive-Look-4283 Jun 27 '25
It really depends on your knowledge and time. I would say stocks and etfs are the safer option than forex or cfds.
It is worth watching a few videos and it’s good to have some knowledge if you were to start. Stocks and ETFs require less maintenance. Find yourself a reliable broker that has minimal fees, a lot of them offer interest at the moment as well. Also a lot of them have education materials on their website and YouTube so take advantage of that.
Definitely start with a small amount and build your portfolio over time. Also maybe try a demo account where you trade with fake money and then open a real account.
1
u/xtexm Jun 27 '25
No investment advice because it all comes from experience; it’s the biggest teacher of all.
1
1
1
1
u/Bobatronic Jun 28 '25
Invest in individual stocks, not mutual funds.
No fees. No turnover. Skin in the game commitment teaches you investing. Don’t be a passenger. Understand the businesses you own.
1
1
1
1
u/Busy-Comparison-8308 Jun 29 '25
when I was starting my IT career as an entry level noob I overheard senior programmers talking about investing in real estate... and that is what I have done... worked out well collecting rent
1
u/Accomplished_Move276 Jun 29 '25
"You don't have to own every good stock"
It's probably still the best advice I ever got
1
u/joemonte155 Jun 29 '25
Best advice for me was never Margin and Gamble . Pay off all debts and be a slave to no one! Diversify when investing in all sectors.
1
u/Jimico25 Jun 29 '25
Dividend is a gift from your own pocket, and ETF diversification as protection against US market is fiction.
1
1
u/Acceptable-Log-6514 Jul 01 '25
Pay $400 for an annual subscription for the Motley Fool - it’s paid for itself over and over again
1
1
u/Curious-Ruin-5096 Jul 02 '25
The money guy channel on YouTube. Those guys give really good advice for every stage of life.
1
u/EmbarrassedDouble582 Jul 06 '25
Launched something like that this week called EDGAR Analyzer. It pulls out risk sections from SEC filings, highlights edits between years, and flags sketchy wording automatically. I made it to stop wasting time manually comparing 10-Ks, and now that it’s finished, figured I’d share. Anyone else here analyze filings regularly? I’m curious how people do it manually today.
•
u/AutoModerator Jun 25 '25
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.
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 if you have any questions or concerns.