02-28-2018, 04:14 AM
I agree with Kerim, there is very little sense to base your investments on the dividend payment date. Calculating the monthly average and withdrawing that much each month sounds like an OK plan, especially if you plan on using this money to help with everyday expenses. Though I might just let all the dividends gather on a separate account and use them on a vacation or something a bit more "splashy" than buying groceries. But in any case, try to disregard the dividend timing as it really makes very little difference.
Regarding the companies, some utillities and telecoms might be good to bring up the yield if that is what you're after.
What was your portfolio like before though? And why did you decide to redo it, were you not happy with the performance or is it simply because you need some safer options now?
Regarding the companies, some utillities and telecoms might be good to bring up the yield if that is what you're after.
What was your portfolio like before though? And why did you decide to redo it, were you not happy with the performance or is it simply because you need some safer options now?