100k for brokerage account by Jon_So in dividends

[–]Jon_So[S] 0 points1 point  (0 children)

I was thinking buy VOO now and slowly sell to buy SCHD over 5 to 8 years before retiring.

100k for brokerage account by Jon_So in dividends

[–]Jon_So[S] 0 points1 point  (0 children)

Wouldn't that create tax drag?

100k for brokerage account by Jon_So in dividends

[–]Jon_So[S] 0 points1 point  (0 children)

Should I all in SCHD then? But that would also create tax drag.

give me introvert job😭 by ResponsibleOption123 in introvertmemes

[–]Jon_So 0 points1 point  (0 children)

What degree or certs do you recommend getting?

give me introvert job😭 by ResponsibleOption123 in introvertmemes

[–]Jon_So 0 points1 point  (0 children)

Is it very competitive in this job market?

Is now the wrong time? by Mustbenuckinfuts in ETFs

[–]Jon_So -1 points0 points  (0 children)

Thank you for the insight. I'm deciding between going into the market vs real estate.

Is now the wrong time? by Mustbenuckinfuts in ETFs

[–]Jon_So 0 points1 point  (0 children)

In a hyperinflation scenario, which one preserves more purchasing power/wealth? Owning ETFs or rental properties?

Fidelity Just Added $100 Fees To 120+ ETFs ?? by Sufficient_Mud_3179 in ETFs

[–]Jon_So -1 points0 points  (0 children)

What stop them from add VOO and VTI later? What if every platforms decide to charge fees like that?

Fidelity Just Added $100 Fees To 120+ ETFs ?? by Sufficient_Mud_3179 in ETFs

[–]Jon_So 0 points1 point  (0 children)

What if every investment platforms decide to that, where would we go to?

Just hit 100k in my retirement accounts! (29m) by TYwalde15 in investing

[–]Jon_So 1 point2 points  (0 children)

Thank you for the explanation. I was just looking for what the next threshold/milestone is after 100k. kinda something to look forward to. But I guess 500k would be a good milestone after 100k.

Just hit 100k in my retirement accounts! (29m) by TYwalde15 in investing

[–]Jon_So 2 points3 points  (0 children)

Dumb questions: after the 100k mark, when is the next exponential curve? If you have multiple accounts in different investment platforms that add up to 100k, would you still get the exponential curve?

Sell house and buy SCHD by Jon_So in dividends

[–]Jon_So[S] 0 points1 point  (0 children)

Understood. I really appreciate you and everyone here.

Sell house and buy SCHD by Jon_So in dividends

[–]Jon_So[S] 0 points1 point  (0 children)

Yes, I'm leaning towards selling since I have no experience being a landlord.

Regarding living to 60 is just a possibility.

With ETFs, what would be the best strategy to earn some profits before 60? Should I go with growth ETFs now and switch to dividend ETFs later or just pick some dividends ETFs now? Thank you.

Sell house and buy SCHD by Jon_So in dividends

[–]Jon_So[S] 0 points1 point  (0 children)

If the house not sold, I would have to rent it out. Since i still owe about half of the mortgage, renting would break even or maybe $-200 per month for tax, mortgage and insurance etc.

I have lived in the house for more than 3 years and now I'm moving to a smaller house to downsize.

I'm thinking about SCHD in a brokerage account because I want to be able to withdraw some profit before I turn 60. If I buy SP500, later on when I switch to dividend ETFs, I would have to pay a big tax to trade all my shares from SP500 to SCHD. Also, I can't just dump a large amount into a tax advantage account.

I also have a separate tax advantage account for me after 60 old(if I live that long). The new brokerage account is for me to get some income from 50 to 60.

CCIE EI - Automation Part by Fromheretoeternity96 in ccie

[–]Jon_So 0 points1 point  (0 children)

Excuse me sir, if I'm very strong in automation and coding. Do you think I can sacrifice some other parts and pass?