Hi all, I want to save long-term for my son. He’s just a baby at the moment so it’s years before he will see the money. I guess I can add around 10k a year to it. Maybe more, maybe less.
I want an ETF to just buy and forget about and periodically add when I get a lump sum. I’m a European so can only buy US ETFs via options with my brokerage. That means 100 shares at a time and I can’t DRIP unfortunately.
I’m torn between the monthly payout from JEPI and the potential growth from SCHD.
I’ve seen loads of post comparing ETFs so apologies for adding to them, but I always see tax incentives mentioned and retirement etc but tax isn’t an issue where I’m from, I / he won’t have any when he chooses to cash out. I’ll have the 15% dividend withholding tax though.
Thanks!
Submitted November 24, 2022 at 06:12AM by Winter-Lie-9628 https://ift.tt/T4H9CbO
