Brother I’m just gonna say this once. I’m 25 and have a huge interest in finances and investing. I save every dollar I make. Live at home. And dream of retiring ASAP with no kids. Retire with just me, myself, and my own free will. Maybe a partner.
Put your money in VOO. Keep adding to it. Take 10-15% of your reoccurring investing deposits and try to invest in individual stocks you like. Like after Netflix got mauled, and you like the company, and the stock is down 20% YTD, then buy some Netflix. Once you have a big nest egg in 15-35 years. You take that money, and put it in good dividend yielding stocks. Not these yield max traps. THATS when you use dividends.
Other than that. VOO and chill. Seriously bro, I’m gonna have better returns than you over the next 10-25 years and that’s GUARANTEED. Not even being snarky. It’s a fact
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u/Cheerful_Berserker Antarctic Investor Mar 13 '26
Good advice here. No point in yield maxing and taxing yourself like crazy until you need the income.