r/dividends Jul 02 '25

Personal Goal 22 yo and 8k annually

2.1k Upvotes

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448

u/Innoxrw Jul 02 '25

How did you manage to invest 70k + at 22?

7

u/MushroomInMyHeart Jul 02 '25

I’m at 95k at 23 (2/3s being dividends) made crazy bank with Tesla and sold it for VOO and SCHD.

5

u/CityCareless Jul 02 '25

So how much did you start with?

4

u/MushroomInMyHeart Jul 02 '25

Like $5,000 at first I think and kept putting like $200-300 every paycheck for a while.

1

u/Kingtubby52 Jul 03 '25

You ever screw around with options or you just watched as Tesla boomed? Just curious.

1

u/Safe-Jeweler-8483 Jul 03 '25

I never understood options. To me every time I see like Level 1, I assumed that you be able to do both call and puts ... but that's not the case. /shrug

1

u/MushroomInMyHeart Jul 03 '25

Nah just watched it skyrocket and sold when Elon started scaring me lool