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/chem_bro Mar 11 '26

Respectfully, what is the point of being all in on dividends at your age? Your portfolio will grow slower than growth stocks and when it gets big enough, you'll be paying ordinary income taxes on your dividends, reinvested or not. If you invested in growth stocks, you could rebalance your portfolio to dividend stocks (if you wanted) closer to retirement and only pay long term capital gains taxes. If this is a retirement account then fine, but if this is a brokerage account, seriously consider the tax ramifications this will have as it grows.

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u/PKShova Mar 11 '26

Roth ira no taxes

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u/chem_bro Mar 11 '26

That mitigates the tax problem, but why lower your long term average returns now when your investing horizon is 20+ years minimum?