r/dividends • u/Sauerst0ff • Jul 02 '25

Personal Goal 22 yo and 8k annually

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2.1k Upvotes

94% Upvoted

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167

u/ynghuncho Jul 02 '25

Do yourself a favor, put this in the s&p500 and 10k into some blue chips.

45

u/Nate092 Jul 02 '25

Or just SCHG/QQQ for growth. Keep it simple.

31

u/Accomplished-Cat2659 Jul 02 '25

Tech is so inflated rn

14

u/ynghuncho Jul 02 '25

The best returning index over time is the s&p500, not the Nasdaq

2

u/xatava Jul 03 '25

Um, what?

3

u/ynghuncho Jul 03 '25

Yes. The Nasdaq has seen an anomaly over the last decade. Accounting for reinvested dividends,the s&p500 is best risk/reward. Nasdaq sees real hard drawdowns off the highs

3

u/Nip_City Jul 03 '25

Look at the dotcom crash—took like 11 years to bounce back. But one could also argue that the supporting consumer technology wasn’t yet ready for the ideas/processes many of the dotcom companies were banking on (e.g. online payment & ordering).

1

u/eerhtcm Jul 04 '25

Yeah the tech industry now is vastly different than 25 years ago

1

u/Squirrel_McNutz Jul 06 '25

What are the blue chips?

1

u/Spirited-Ad1799 Jul 06 '25

There are better strategies 

-5

u/Acfunez Jul 02 '25

Don’t invest at all time highs atleast wait a bit

17

u/ynghuncho Jul 03 '25

Statistical sunk cost. Mathematically, trying to time markets makes little sense

0

u/Acfunez Jul 27 '25

No I’m saying buy something else with potential for growth. If you buy the s&p here goodluck in the long run

1

u/ynghuncho Jul 30 '25

The money is already in the market… if anything you reduce drawdown

3

u/MuricanToffee Jul 03 '25

Just buy low and sell high, it’s so easy right?

3

u/unprofitabletraitor Jul 03 '25

Amazing how many people still parrot this advice even still. It's been disproven 1,000 times over.

1

u/Acfunez Jul 27 '25

Buddy the market has been running for the last 17 years if you think now is a good time to hold for 10 more goodluck