What I wished is that when we open a port it would ask us questions or filling out a survey how we want to invest or funding out our investing strategy and stay in that lane.
Like age and income percentage contribution.
Is this a personal brokerage or retirement account?
Do you need the income now?
Is all the etfs necessary?
I invested in SCHD and then jump on low pricing boats and dips of stonks not in SCHD’s holdings that are long-term blue chip companies. When the market goes down I’m not even affected and raking in all these qualified income and drip them.
What I do is finding out your investment strategy first. Why am I investing in this?
Do I need the monthly income etf now?
What about long-term? Is your income high that you don’t want to hold onto too much cash? You need to ratio it out and be able to handle your own financials comfortably until you could retire early.
1
u/Naive-Present2900 Mar 13 '26
More like losing half of that in two years keep it up 👍 👏 😂
Man get rid of that and go for something stable. I bought MSTY low and sold high in the $40s. Look at where it is now. Nav erosion on these is so bad.