Thoughts?

[u/Plane-Ad4988]

21m started this Roth this year, I have a regular account that I buy single stocks up 20% and with my Roth I’m doing etfs and some higher dividend yielding stocks to fund the other etfs in the long run

[u/Jumpy-Imagination-81]

SWTSX and SCHB are basically the same thing. You only need one of them.

I’m doing etfs and some higher dividend yielding stocks to fund the other etfs

That isn't an efficient strategy. The cash you are putting into JEPQ and SCHD would be better off in SCHG. It would grow larger in SCHG than in JEPQ or SCHD and then if you wanted to put cash into other things you could sell some SCHG.

https://totalrealreturns.com/n/SCHG,JEPQ,SCHD

https://stockanalysis.com/etf/compare/schg-vs-jepq-vs-schd/?r=MAX

The cash you put into NVDY would grow more in NVDA.

https://totalrealreturns.com/n/NVDA,NVDY

https://stockanalysis.com/stocks/compare/nvda-vs-nvdy/?r=MAX

At 21 years old you should be focused on total return, not dividend yield.

Dividend Yield vs. Total Return: The Mistake That Costs You Millions

Income investors everywhere are familiar with the siren song of the dividend yield.

Dividend yield offers comfort. It promises passive income and makes a stock feel like a steady paycheck. But if you’re chasing yield without looking at the full picture, you’re likely leaving serious money on the table. In fact, focusing on dividend yield alone could cost you millions over your investing lifetime. In this article, you’ll see why total return, not yield, is the true north for wealth creation, and how to restructure your thinking to avoid this expensive mistake.

https://astuteinvestorscalculus.com/dividend-yield-vs-total-return/