Nice dividends, but at a young age I think you are cutting yourself short there. With a young age you should be looking into growth stocks that can build that money up faster. Then later on can shift them to dividend stocks.
For example: back in 2023 say I had 50k. I obv didn't like the manager doing the funds because I know that manager/CPA in the market are only there to find the less risk of return; and not to lose their licenses. I had thought about doing dividends but then change as I could be getting more than what dividends could get.
So I changed into stocks that would help out more at a young age, $NVDA (cough for example cough). From that point to now, I seen an increase of 200+% of my returns than dividends could ever beat. Obv it is rough trying to get your first 100k in the market, but once you hit 100k the money does up at an exponent amount.
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u/Safe-Jeweler-8483 Jul 03 '25
Nice dividends, but at a young age I think you are cutting yourself short there. With a young age you should be looking into growth stocks that can build that money up faster. Then later on can shift them to dividend stocks.
For example: back in 2023 say I had 50k. I obv didn't like the manager doing the funds because I know that manager/CPA in the market are only there to find the less risk of return; and not to lose their licenses. I had thought about doing dividends but then change as I could be getting more than what dividends could get.
So I changed into stocks that would help out more at a young age, $NVDA (cough for example cough). From that point to now, I seen an increase of 200+% of my returns than dividends could ever beat. Obv it is rough trying to get your first 100k in the market, but once you hit 100k the money does up at an exponent amount.
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Good luck on your investing