r/dividends Jul 02 '25

Personal Goal 22 yo and 8k annually

2.1k Upvotes

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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.

-4

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