u/OG_Momonga

So I had this idea and I’d appreciate your opinion. Let’s say I start a dividend portfolio in a Roth IRA (I am a novice so I would be starting from 0). I max it out for 2 years all in jepq and get $100/month in dividend. I reinvest that into SCHD. Every month without putting more money in or atleast not maximizing it, SCHD position will grow with DRIP. Effectively I wouldn’t have to add a single dollar until retirement? Is this possible?

Why do you guys prefer dividend stocks over growth stocks if you are looking to retire early? Wouldn’t it make more sense to invest in growth stocks now, and then switch it to dividend stocks when you have enough in the monthly dividend? Again I might be taking through my behind but I don’t get it? Is there an advantage?

Hey Yall. I’m 24 looking into buying metals. I figured I couldn’t buy gold but silver I can do. Looking to put 100-200 a month towards this. Any advice would be appreciated!

I am on a cut. I ate potato, remained below my calorie deficit and gained 3 pounds in my day. Nothing else changed. Just substituted rice for potatoes. What can someone explain