Not a dividend investor by any means, but was surprised to see what I’ll be earning annually across all my brokerages. I’ve got everything on DRIP atm, should I take the earnings and buy into something else? Or just continue? #investments
Which dividend ETF?
SCHD and DGRO are the only dividend ETFs I own
Superb! How much have you invested? This is my goal as well.
Thank you! This is just under $250k total invested across multiple accounts
Nice. I made 50k. Here is quick tip. Taxes on these are a too much. Try to own mutual funds that can lower your tax liability and roll them into gains. This way you can defer the tax up until you need to withdraw them.
Oh interesting! Would the tax thing matter a bunch if most of this is in retirement accounts?
Nope. That’s the smartest thing to do.
Please share some tips and tell us what all there in your portfolio
This tip will be very generic, but invest, and invest often. I don’t have too much monthly expenses, so what’s not spent on my family is or put aside for savings, gets invested. As for the stocks, it’s actually mostly ETFs in retirement accounts; VOO, VTI, SCHD, and DGRO
Ouch
It should cover your salary
Good thing I’m not purely investing for dividends, otherwise I’ll be investing forever at that point lol
Where does one find what dividends returns maximize profitability VS long term increment of the stick? Trying to understand whether you jus invested purely in any stock that gave dividends or whether you carefully selected them
Don’t have many individual stocks actually, most of this from holding a bunch of VOO, VTI, SCHD, and DGRO. All of which are in retirement accounts so no tax burden
> holding a bunch of VOO, VTI, SCHD, and DGRO These all have dividends of 1.5% to 3.5%, but 10k return on 250k is 4%. This doesn't add up. Your January payout was larger than all other months, maybe you held something different last year and collected the dividend in January? (If holding all cash, you would be earning 4% to 5% which would be 10k to 12.5k)
dividends = tax drag + low growth, invest for total return not dividends
agreed. Like I mentioned I’m not a dividend investor, this is just accumulation of what dividends my portfolios are collectively going to earn this year
Some of us have other financial goals to retire early without drawing down on principle. Dividends are the best strategy for this.
nice OP! those fees on the bottom though lol. what app is it?
Pretend you don’t see those fees ha! And this app is called Roi. I was using another dividend tracker before this, so will so how it goes…
How big is your portfolio?
A few thousand shy of $250k across all my accounts
Oh wow nice!