I currently have a Fidelity Roth IRA that I am maxing out each year and pumping everything into SCHD/QQQ (I know, waste of qualified ETFs in a Roth, but it's simple and I like simple).
My question is, once the annual dividend payout starts going above the contribution maximum, how does that play with DRIP?
Do I keep just maxing out until my target date, or does it make sense to start allocating money each paycheck to a traditional brokerage account and start the dividend ball rolling there as well? Or both at the same time if feasible?
Submitted February 13, 2023 at 12:04AM by coreywaslegend https://ift.tt/IQgm3Af
