I'm pretty much buying big companies that went through that period of time without even cutting their dividend. In theory, I want downswings. I will be happily purchasing block by block all the way down to the bottom, receiving the same dividends in the process, then enjoying the rebound/growth. I'll be accumulating shares at a discount for the same dividend as a result.

Also, I have no problem with a company cutting the dividend to preserve the business' health, like Wells Fargo and GE did. If they're managed through crisis well, the dividend grows back and you reap the rewards of a discount price while the liver regrows yet again.

I noticed Schwab has at least one fund with a lower expense ratio than its Vanguard counterpart. Seems they're pushing back a bit on Vanguard's literal undercutting of the entirety of its ETF competition. Vanguard is still king, however.

I've decided I'm no longer picking individual stocks centered around increasing the dividend yield %. I've decided to go after only these ETFs:

VOO
IVOO
VIOO
VSS
VIGI
VYMI
VNQ
VNQI

Buy and hold forever, reinvest dividends forever.

Each reinvestment of dividends and new $$$ will go to the purchase of the ETF that decreased in price the most %-wise or if there are none of those, then the ETF that increased the least %-wise.

Assuming an infinite time horizon and unlimited risk tolerance, is there not a better or more complete set of ETFs to own? Would a better idea be to just buy VT?

Im not ****ing with individual stocks anymore (unless it's with side money for my own gambling pleasure) or trying to pick hot sector ETFs either (unless it's with side money for my own gambling pleasure).

Cross-post from my thread since nobody is reading it...

[MOD NOTE: Please don't do this....merging the posts from general thread back into here.]

Why such a dividend/REIT tilt?

more dividends = more taxes (in taxable)

i recommend picking a target allocation between VTI / VXUS / BND(perhaps MUB if in high tax bracket+taxable) and directing your purchases to maintain those allocations.

if you want to get fancy with the smallcap/midcap tilt then sure, go ahead, just the list you have above seems kinda random.

I'd prefer a more simple approach. VTI, VXUS, and maybe VNQ/VNQI for some reit tipping. I like something like 60/40 or 70/30 for your core stocks VTI/VXUS, and a 60/40 or 70/30 reit split for vnq/vnqi. I also like some bonds as well. I do something like 90% stocks / 10% bonds. I prefer a slight reit tilt, because reits are underrepresented in the stock market compared to global wealth. So I recommend something like 60% VTI, 25% VXUS, 3% VNQ, 2% VNQI, 10% BND. This specific bond fund can be swapped to a tax advantaged bond fund, if investing in a taxable account, or you can go 5% tax advantaged bond fund, 5% BND. The only reason to get the individual funds like s&P500, mid cap, small cap, is if you want to go overweight or underweight on them, and I don't see much need to. I'm not big on dividend etfs, but there is some merit to it. They move slightly different from the overall market, so it can add a little diversity. Overall, I expect them to lag the market, mostly due to the recent dividend investing hype over the past 5-10 years, where lots of these companies seem overvalued. I keep around 10% for gambling on individual stock picks longish term, which seems to be enough to keep me happy, but not massively screw me over.

Getting VT is a reasonably good option as well. Personally I like a bit of a US tilt so I go the VTI/VXUS route, because USA #1. You also seem to get a better overall expense ratio breaking it up.

This is derping of the highest order. Your hard-on for dividend yield is irrational; price appreciation is better in terms of after-tax ROI. You will pay more in trading fees, and time spent managing your portfolio. You will be less diversified.

Just buy VT.

I have to agree with this. I'm not sure why you are chasing dividends so hard. If I'm not mistaken, you are not retiring and you just plan on reinvesting them anyway. It's just a taxable event 4 times a year.

In my taxable I go about 70% VTI and then add some small cap value(VBR). I do occasionally add VYM in my taxable when I have some extra money.

VTI does have dividends as well

I don't think you should go crazy over dividends but they are a big luxury, especially if you don't plan on cashing in stock.

Sorry!

You are all correct. Dividends are a bias on my part due to a fundamental lack of understanding, and bc I'm an idiot.

I've decided to switch out VNQ, VNQI, VYMI, and VIGI for VXUS. I'm keeping VSS for small-cap exposure.

I've also cut out IVOO. I like the small, mid, large cap breakdown between VOO and VIOO without it.

If we look at Callan's periodic table, It's basically S&P 500 and the Russell 2000 every year with developed and emerging markets mixed in that filled the top three performers. Bonds won down years, but since we are on an infinite time horizon and care not for risk one iota, we don't want bonds at all.

So now the mix is:

VOO
VIOO
VXUS
VSS

Thoughts?

Where are you keeping all of this. Non taxable and taxable accounts, or? Also, where do you live?


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