05-02-2014, 07:12 PM
(05-02-2014, 12:28 AM)Dividend Watcher Wrote: My wife told me the other night that I don't know when to shut up.
Hah I'm the same way, so no worries. I appreciate the feedback.
With the 3% yield, DVY has been working pretty well the couple of months I've held, but I will definitely put that cash to better use when I can get the trade commissions down below 0.35%. DVY charges 0.40%. Not as good as Vanguard's VIG at 0.10%, but I can live with it for the time being.
To give you an idea, I can only save about $200/mo so transactions costs would for sure eat me alive.
I went with IJT because I'm a bit of a gambler. In the unlikely scenario I keep it, I'll make sure to keep it at < 1/2 position size. I have absolutely terrible micro-cap picking skills so I just decided to have some of the excitement but with diversity. Heh I sold my last pick for a 3% loss, which then went on to gain 100%. /uberfacepalm