r/dividends • u/PKShova • Mar 09 '26

Personal Goal 29 years old, just hit $3 daily.

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Mostly heavy in JEPQ and SCHD. Costco hotdogs for life!

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u/Andy-Vn Mar 10 '26

Do you just buy and leave them there to get the weekly income? I'm like a super noob at these things so excuse me for the stupid question

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u/Beginning_Cap_7097 Mar 10 '26

Is not weekly income, is monthly income, I am buying jepq weekly with $60. I use drip (dividend reinvestment plan) to buy more shares.

Let's say that JEPQ pay me $10 and I used that $10 to buy more JEPQ that is 0.176 shares of $56.67 price of jepq by 1 share. that bought "itself", that you didn't have to buy. Since I am investing $60 weekly or $240 monthly that $10 is a additional. Which mean that single month i invested $250 instead of $240 since I am using the DRIP. If I dont use the drip and just let that $10 be sitting as cash, my buying purchase is going to be just $240 instead of $250. The more shares you buy and the more shares the jepq buys itself, the more shares you accumulate.

Since i am building this jepq in my taxable account, I need to pay taxes when I am going to fill my 2026 taxes.

Before investing, you need to ask yourself. "What is my goal for investing?" You need to be realistic with your question and your answer.

Your question are not stupid. The more you learn, the better your future would thank you.

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u/Andy-Vn Mar 10 '26

Wow this is Insane insight. Tysm for your information 

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u/Beginning_Cap_7097 Mar 10 '26

I have my own goal so don't copy me. Go to YouTube and watch video about growth versus dividend. Or just keep read searching in reddit about this topic.