u/Legal-Shape9716

Hello all!

I am 31 yo living in greater Seattle area.

I make about 160k yearly with some OT and base 130k. I net about 5k every 2 weeks with OT and 4k without.

My wife is stay home mom and I put $5,500 per month in our joint account, which also pays mortgage + utilities.

Mortgage + escrow : $2750 (2.25%)
Utilities + auto insurance : $1,000.
Rest go to food and groceries.

Outside that $1,080 for car loan and have about $22,000 left in the loan. 4.5 percent interest

Rest I either pay extra for the car loan or put it into my brokerage account, which has about $45,000 and $33,000 in roth IRA.

So i have about $1.5k - 3k free cash and wanted to get insight on how to start snowballing this money.

No other debt currently and wanted to be more aggressive on investing but we dont have much cash saved up.

Please guide me on how to maximize while being prepared!

Thank you all for reading

Hi all!

Im 31 years old investing using Robinhood App. The APR for my margin is 5% and i can use up to about 100k. My current portfolio is mainly semiconductor sector (nvda, avgo) at $45k . I was thinking if I used the margin to get 8-10% dividend investing in JEPQ or JEPI, i could basically walk away with 3-5 percent annually minus tax.

I was thinking to reinvest the dividend and adding about $1k per month next 10 years. Do yall think this would be a good idea?

I even thought about using more margin as I put more money in (assuming interest rate doesnt go up) but keeping it at about 20%.

Then after few years, just let the dividend cover the margin and the interest.

What do yall think?