Quote:
Originally Posted by ls3c6
How about this, is anyone putting a small amount, say $20k into something and using the dividends throughout the year after gains in their lives or just letting it pile up?
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I reinvest everything. To me it doesn't make sense to continue to invest part of my normal pay while at the same time using dividends I don't need as extra spending money. Then the whole "compounding" is being reduced.
Might as well just not save as much in the first place.
I also think you will find that the dividends on $20k isn't going to be enough money per quarter to make much of a difference in your life.