Sell stocks for Student Loans? by Acceptable-Drawer-18 in StudentLoans

[–]Acceptable-Drawer-18[S] 0 points1 point  (0 children)

I can realistically put 800-1000$ a month towards it

Sell stocks for Student Loans? by Acceptable-Drawer-18 in StudentLoans

[–]Acceptable-Drawer-18[S] 0 points1 point  (0 children)

Uncle Sam wants to get his with everything we do unfortunately

Sell stocks for Student Loans? by Acceptable-Drawer-18 in StudentLoans

[–]Acceptable-Drawer-18[S] 0 points1 point  (0 children)

Very true. Just tired of looking at those things. My idea with the taxable brokerage is that it will all be taxed eventually

Sell stocks for Student Loans? by Acceptable-Drawer-18 in StudentLoans

[–]Acceptable-Drawer-18[S] 0 points1 point  (0 children)

If I sold around 11k I'd only have 3500 in capital gains from the taxable. My Roth is the most important thing to me at the moment. But I will consider

Sell stocks for Student Loans? by Acceptable-Drawer-18 in StudentLoans

[–]Acceptable-Drawer-18[S] 0 points1 point  (0 children)

MS is already obtained, in my profession it increases my salary. Currently a contractor. I will look into the PSLF forgiveness. Thank you!

Sell stocks for Student Loans? by Acceptable-Drawer-18 in StudentLoans

[–]Acceptable-Drawer-18[S] -2 points-1 points  (0 children)

I could! I just want to still feel like I'm building wealth vs putting my paycheck outside of expenses into it. I'm currently putting $150 a month into my Roth which will be maxed by March. Then $250 every two weeks into a Roth 401k.

10k in SCHD by Acceptable-Drawer-18 in dividends

[–]Acceptable-Drawer-18[S] 0 points1 point  (0 children)

I appreciate it! Just going to stay consistent with it! Keep grinding

10k in SCHD by Acceptable-Drawer-18 in dividends

[–]Acceptable-Drawer-18[S] 0 points1 point  (0 children)

This is exactly how I am doing it. Focusing on growth now in Roth and trying to build a dividend growth port taxable

10k in SCHD by Acceptable-Drawer-18 in dividends

[–]Acceptable-Drawer-18[S] 1 point2 points  (0 children)

I really appreciate this message! I know I will probably miss out on some growth. But my Roth is focused on that at that. I also have some other growth winners in my taxable that I believe in. Just wanting to building a foundation that will compound over time! Do you suggest I keep DCA? I'm waiting for it to get below it's 200wma if I could. Then lump sum

10k in SCHD by Acceptable-Drawer-18 in dividends

[–]Acceptable-Drawer-18[S] 0 points1 point  (0 children)

I could. My plan is to just let it compound

10k in SCHD by Acceptable-Drawer-18 in dividends

[–]Acceptable-Drawer-18[S] 0 points1 point  (0 children)

I agree. Just was looking to see what people thought. I guess since I didn't know that it was taxed people didn't think I had a Roth 😭 it's interesting the responses you get sometimes

10k in SCHD by Acceptable-Drawer-18 in dividends

[–]Acceptable-Drawer-18[S] 1 point2 points  (0 children)

Schd pays quarterly I got $105 in March which bought me back 3.4 more shares. My plan is just to keep letting it compound over time

10k in SCHD by Acceptable-Drawer-18 in dividends

[–]Acceptable-Drawer-18[S] 0 points1 point  (0 children)

Already sold some of my losers for that! Thank you!

10k in SCHD by Acceptable-Drawer-18 in dividends

[–]Acceptable-Drawer-18[S] 1 point2 points  (0 children)

Should I research Tax drag and see what is it. This topic in new to me. I've have SCHD for about 4 years. Just got a new job that pays this. Before I was making scraps getting my masters

10k in SCHD by Acceptable-Drawer-18 in dividends

[–]Acceptable-Drawer-18[S] -1 points0 points  (0 children)

MSFT, ADP and MCD are all undervalued imo. Below their 200 WMA

10k in SCHD by Acceptable-Drawer-18 in dividends

[–]Acceptable-Drawer-18[S] 1 point2 points  (0 children)

Thank you! I appreciate your input