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0x11C3P t1_iujgjlc wrote

Go to r/investing.

You'll get better answers.

But right off the bat, I can tell that you don't understand that $350 dividend each month varies on ETF price. Stock price drops, you won't get $350/mo. Also, if price of that ETF drops in value, you lose more than just your dividends.

But if you plan on holding that forever, go for it. You'll get more detailed answers at r/investing than here I'm sure.

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hansentyspy t1_iujguda wrote

Oh you're totally right, I did not take that into account!! And thank you, I'll go ask the question there!!!

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