There was a similar post where an individual, close to retirement, changed his approach to investments. Part of his statement was:
"I’ve owned lots of good dividend stocks and dividend oriented ETFs like XDV and CDZ in the past but I’ve ditched them all. It took me a couple of decades to arrive here but I’m happy with mostly broader-market ETFs now.
Some of the ETFs we own are: VTI, VEA, VWO, VCE, ZRE and we give the equity side a tilt to lower volatility with ZLB and USMV. My overall ETF cost is around 0.17% on equity assets. On the fixed income side there simply aren’t good options out there currently, due to the interest rate environment."
I'd stick to DG stocks, but looked into etf's and responded:
"Looked at ETF’s which would include the stocks I own and calculated the annual Mer (which averaged 0.32%). The three funds were ZDV, ZRE & ZDY and it would cost me $5,292.19 per year, approximately 6% of my current dividend income. Seems like a lot of money just to spread my money over 172 stocks than the 20 which I researched and feel good about."
It's not that one choice is better or worse, it's what one expects & how one feels about the choices they make.
"I’ve owned lots of good dividend stocks and dividend oriented ETFs like XDV and CDZ in the past but I’ve ditched them all. It took me a couple of decades to arrive here but I’m happy with mostly broader-market ETFs now.
Some of the ETFs we own are: VTI, VEA, VWO, VCE, ZRE and we give the equity side a tilt to lower volatility with ZLB and USMV. My overall ETF cost is around 0.17% on equity assets. On the fixed income side there simply aren’t good options out there currently, due to the interest rate environment."
I'd stick to DG stocks, but looked into etf's and responded:
"Looked at ETF’s which would include the stocks I own and calculated the annual Mer (which averaged 0.32%). The three funds were ZDV, ZRE & ZDY and it would cost me $5,292.19 per year, approximately 6% of my current dividend income. Seems like a lot of money just to spread my money over 172 stocks than the 20 which I researched and feel good about."
It's not that one choice is better or worse, it's what one expects & how one feels about the choices they make.