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re: Question on how to invest for a small account

Posted on 1/5/24 at 6:33 pm to
Posted by Thundercles
Mars
Member since Sep 2010
5142 posts
Posted on 1/5/24 at 6:33 pm to
Throw it in Fidelity and split it 50/50 between VOO and SCHD. Dividends and growth. 5-8 years is a beautiful time frame for this. Individual stocks is gambling.
Posted by TorchtheFlyingTiger
1st coast
Member since Jan 2008
2141 posts
Posted on 1/5/24 at 9:33 pm to
I wouldnt chase dividends especially in a taxable account. Its just gonna create tax drag. Nothing magic about dividends its just the company forcing you to take equity out instead of retaining earnings and you choose when to cash in.
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