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Title says it all. I work a good job that generates ~90k yearly and live with my parents and have no debts. Im in a fortunate position and noticed I wasnt doing anything advantageous with my savings.
I decided a nice investment goal for myself would be to obtain $200, $500, and ultimately earn $1000/mo in dividends. Right now im making approx. $60/mo.
I think my portfolio is safe (which i like) and maybe not being utilized to its fullest potential. Should I be investing more in stocks that have higher yields like MO, O, VZ for higher returns? Are investments into monthly dividend payers like JEPQ/I viable? Are there any tickers I should look into that could expose me to a different sector and pay solid dividends?
Any advice helps, much appreciated!
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- 3 months ago
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