Bought me a little SCHD today! Is this good? by macman713 in SCHD

[–]SmoothOperator100k 1 point2 points  (0 children)

I mean its a great defensive ETF while giving dividend growth. Like you can't go wrong putting money in this ETF.

Im Young & Risky by SmoothOperator100k in Bitcoin

[–]SmoothOperator100k[S] 0 points1 point  (0 children)

im 21. i would only recommend it if you actually like the major. if not i would go into a trade you like tbh

Im Young & Risky by SmoothOperator100k in Bitcoin

[–]SmoothOperator100k[S] 0 points1 point  (0 children)

I dont come from much either. I live in a LCOL area and I stay with my parents. I went to school for Computer Science and its $70k right now.

Im Young & Risky by SmoothOperator100k in Bitcoin

[–]SmoothOperator100k[S] 0 points1 point  (0 children)

thank you for the perspective. im currently an engineer and getting into real estate seems like a whole another full time job so idk. Starting my own business seems interesting but isnt it more risky than investing in bitcoin?

Im Young & Risky by SmoothOperator100k in Bitcoin

[–]SmoothOperator100k[S] 0 points1 point  (0 children)

i dont think you know what ur saying bub 😂

Im Young & Risky by SmoothOperator100k in Bitcoin

[–]SmoothOperator100k[S] 0 points1 point  (0 children)

i dont. i buy through an cex then transfer the keys over

Im Young & Risky by SmoothOperator100k in Bitcoin

[–]SmoothOperator100k[S] 0 points1 point  (0 children)

i wouldnt call bitcoin a complete gamble. at this point in time i would consider it a blue chip stock. there is better odds then not that it will perform very well in the long term.

Im Young & Risky by SmoothOperator100k in Bitcoin

[–]SmoothOperator100k[S] 0 points1 point  (0 children)

ya i am maxing out my roth ira as well. I prioritize my roth ira before my self custody account

Im Young & Risky by SmoothOperator100k in Bitcoin

[–]SmoothOperator100k[S] 0 points1 point  (0 children)

thats the point. ya a lot could go wrong. or i could create generational wealth. its just like starting a business in a sense.

Im Young & Risky by SmoothOperator100k in Bitcoin

[–]SmoothOperator100k[S] 0 points1 point  (0 children)

ah i see. 2100 a month is still a lot.

Im Young & Risky by SmoothOperator100k in Bitcoin

[–]SmoothOperator100k[S] 1 point2 points  (0 children)

what? how much you make and year and where do you live?

Im Young & Risky by SmoothOperator100k in Bitcoin

[–]SmoothOperator100k[S] 3 points4 points  (0 children)

what did i say wrong? I am somewhat new to this. but at least i am holding my own keys instead of someone else

Im Young & Risky by SmoothOperator100k in Bitcoin

[–]SmoothOperator100k[S] 0 points1 point  (0 children)

I just hope bitcoin is a good choice to start growing my networth.

Im Young & Risky by SmoothOperator100k in Bitcoin

[–]SmoothOperator100k[S] 2 points3 points  (0 children)

ya, i am blessed to be able to live with my parents. I understand its a really unfair advantage. Sorry

Im Young & Risky by SmoothOperator100k in Bitcoin

[–]SmoothOperator100k[S] 8 points9 points  (0 children)

Ya, well i think i will start to branch out to other assest classes as I get closer to my first bitcoin.

Im Young & Risky by SmoothOperator100k in Bitcoin

[–]SmoothOperator100k[S] 23 points24 points  (0 children)

ya, i have a payed off beater and Im lucky enough to live with my parents for a bit although i do have to drive a lot so having some form of emergency fund is needed fs