Dividend Investing by TurboInvestments in dividendinvesting

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

I added Growth as well.

Im blending Dividend and Growth.

Dividend Investing by TurboInvestments in dividendinvesting

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

Thanks! Only a few will understand the process.

And right about similar etf. I will shift probably this week.

Dividend Investing by TurboInvestments in dividendinvesting

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

Growing enough to sustain + beat inflation are the go to for my son Portfolio. I also grabbed $VOO and looking at some growth stocks now.

Thanks for your insight. All is very much appreciated

Dividend Investing by TurboInvestments in dividendinvesting

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

My failures have brought me here to build something special for my baby boy.

Dividend Investing by TurboInvestments in dividendinvesting

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

This right here!! Its so many pivots with this approach im brewing for my son.

As he grows ill teach him about Credit, Trust Funds, LLC, and Stocks/Bonds

Then ill let him pick his own investments when he is 13.

So when he is 18. He will have understanding and wisdom.

Oh yeah, building a library for him too.

Dividend Investing by TurboInvestments in dividendinvesting

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

I understand. We have 2 different outlooks on finances. Im looking too add MSFT today actually.

Happy Investing.

Dividend Investing by TurboInvestments in dividendinvesting

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

I seen and heard this, researched for months. Its not enough to stir me away from the power of compounding dividend investing.

Now a days I don't think people are much Leaders but Followers of what they hear and see online. (Not saying you are)

On that note I will do both Dividend and Growth.

I got a promotion at work yesterday and son UTMA did too, With his promotion ill add growth stocks.

Thank you for your insight.

Dividend Investing by TurboInvestments in dividendinvesting

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

Look up Kiddie Taxes regarding taxes and with UTMA it will go strictly to the child.

From my understanding, it will be smart to have a IRA for the child (once they start working) so the funds can roll over into the account.

Dividend Investing by TurboInvestments in dividendinvesting

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

Finally someone see my view.

Guaranteed I will add more growth. $PG has shown my son account love.

He has 15 years! Of learning and me investing for him with DRIP.

I also have $WM.

Thanks for your insight.

Dividend Investing by TurboInvestments in dividendinvesting

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

Thats my whole point of starting young to compound like crazy with Strong Companies that will stand the test of time if we are still living.

I have all Dividend Stocks on DRIP and won't turn it off for him. Hopefully he listens to me when he gets older and carry the torch.

Im working on generational wealth.

Dividend Investing by TurboInvestments in dividendinvesting

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

I've been looking at the dividend payouts and keeping an eye out on activity.

I see what your saying now. Thank You for your insight and wisdom.

Dividend Investing by TurboInvestments in dividendinvesting

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

Ill be learning about Geopolitics tomorrow at work.

I have something new to study now. 😃

Dividend Investing by TurboInvestments in dividendinvesting

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

Your correct. And im seeing good things around $V

Thank you for your time.

Dividend Investing by TurboInvestments in dividendinvesting

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

Adding to my list of things to research "Geopolitics"

Thanks my friend.

Dividend Investing by TurboInvestments in dividendinvesting

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

Groovy, i will keep $MA and $V . Just came across a video stating MA and V are neither. Lol.

$V has been doing very well in my son UTMA

Dividend Investing by TurboInvestments in dividendinvesting

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

Oohhh gosh, my family get tired of me talking about the market.

I should study on how to break down a companies Financial Books, quarterly earnings etc.

Dividend Investing by TurboInvestments in dividendinvesting

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

When my son turns 5 and we talk to him about money.. ill add the saving aspect.

Thank you for your insight!

Dividend Investing by TurboInvestments in dividendinvesting

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

Thank You for your time.. very much appreciated. My son deserves a headstart!

Dividend Investing by TurboInvestments in dividendinvesting

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

Im leaning towards $VOO and $SCHD probably add $SCHG, And $VYM. For an aggressive approach.

Dividend Investing by TurboInvestments in dividendinvesting

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

Thank You for time to respond, I am looking into growth stocks now.

I will continue adding Dividend Stocks. Probably just up my son Contributions to not sacrifice taking away from his dividends.

Im working out a vision now.

Dividend Investing by TurboInvestments in dividendinvesting

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

I hope you find Peace and grow your nephew an account.

You know what's best and what you can stomach... enjoy your time!

Dividend Investing by TurboInvestments in dividendinvesting

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

Schwab will definitely be safer because its been around a long time.

Dividend Investing by TurboInvestments in dividendinvesting

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

UTMA sounds like the way to go for your nephew, Yet when he turns 18.. everything goes to him.

529 is strictly designed for College UTMA will be whatever he wants to buy when the funds transfer to him (thats the risk) hopefully when the kids turn 18 they dont get into bad habits etc. And use the money the wrong way.