Omega88
2023-04-14

I'm currently in my 30s, if my money doubles... 

I'll still spend within my means, continue to earn more money, make some change to my portfolio (sell away the more volatile individual stocks and allocate a larger % into different ETFs like $Vanguard S&P 500 ETF(VOO)$  $Invesco NASDAQ 100 ETF(QQQM)$  $JPMorgan Equity Premium Income ETF(JEPI)$  so as to keep and protect the profit. Of course not forgetting about playing hard as well. 

I strongly believe that buying stocks is still the best way to generate wealth. Over time, I'll probably allocate a larger portion to $JPMorgan Equity Premium Income ETF(JEPI)$  to generate an increasing stream of monthly income (snowball effect - I'll just use the monthly dividend to buy more JEPI). I'll still have my S&P500 and Nasdaq100 for capital gains. 

Build more wealth using $Tiger Brokers(TIGR)$  and I'm sure Tiger Brokers would report better financial results as well. Let's work together towards our common goal fellow Tiger brothers and sisters! 

@CaptainTiger  @TigerStars  @MillionaireTiger  @TigerEvents  


If my money doubles, I will...
What if your money doubles through investing, how will you plan your money? Will you continue to put them in investing like trying a new item like options/futures/ETFs? Or will you spend the spare money on travel, other consumption or donate them? Are there other choices you wanna do? Tell me in the topic and win tiger coins!
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Comments

  • hh488
    2023-04-14
    hh488
    Thanks. $JPMorgan Equity Premium Income ETF(JEPI)$ is in my watchlist now. Not sure whether to invest this or in bond (lower yield).
    • Omega88: 
      it's supposed to mirror S&P500 but with less volatility. treat it as fixed deposit and hold till you're old. good source of monthly income
  • Chris_CHRIS
    2023-07-04
    Chris_CHRIS
    May I know which Nasdaq 100 etf is more cost efficient since there is a withholding tax of 30% for Non US residents?
    • Chris_CHRISReplyOmega88: 
      Thanks so much for your advice! really appreciate it! 🙏 😊
    • Omega88: 
      The 30% tax is only on dividend. the dividend yield is only around 0.58% which is not significant. hence u don't have to worry about the 30% tax
  • Fenger1188
    2023-04-23
    Fenger1188
    谢谢精彩分享👍🏻👍🏻👍🏻
  • Tracccy
    2023-04-15
    Tracccy
    Yes, fellows. Let's do it together! TIGR bullish!
  • KING.C
    2023-05-29
    KING.C
    勇气运气
  • ericbie
    2023-04-14
    ericbie
    [smile]
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