so im looking for like a fund...of all the most stable dividend yielding stocks.
conservative yes. but it adds up, seems like faster. right?
ie i got a fund full of stocks yielding lets say on avg 1-3%. a quarter or annually or whatever. well, that money gets reinvested on top of the growth the fund will have (not always but enough)
know what i mean vern?
if one of yall knows abt something along those lines, hollerate.
2. "I've owned DVY for awhile" In response to Reply # 0 Fri Jan-09-15 09:34 AM by Cocobrotha2
I just realized it's a little expensive with an expense ratio of 0.39% but it does what you're looking for. Here's what Morningstar has to say
"IShares Select Dividend is consistently one of the highest-yielding dividend-focused exchange-traded funds. The fund employs screens to reduce the risk of dividend cuts, primarily by excluding firms that pay out too much of their earnings or have not grown their dividend-per-share ratio for the past five years. It then selects the highest-yielding stocks and weights them by the total dollar amount of dividends paid in the previous year. Most dividend ETFs are concentrated in the large-cap firms that distribute the majority of the market's dividends, but only 15% of this fund's portfolio overlaps with the S&P 500's. This makes the fund somewhat of an outlier when compared with most dividend ETFs, which tend to have a 75% or greater overlap with the large-cap benchmark. DVY's portfolio is tilted to defensive mid-cap deep-value stocks and therefore is less correlated with the broad U.S. market than other dividend ETFs. However, the fund's 0.40% expense ratio makes it one of the more expensive dividend funds on the market......"
Otherwise, you're probably better off putting most of your money into index funds that track the S&P or total stock market. You won't beat the market but you also won't significantly underperform it. I put most of my money into VTI (expense ratio of 0.05%) and it's returned healthy double figure all but one year since 2009.
edit:
The target date fund you have is ok but I don't agree with the underlying premise (reduce risk as you near retirement by increasing the allocation to bonds).
Reality is, your target retirement is a guess and you'll likely live longer than you expect so you'll still need appreciation even in retirement. So my strategy (right now) is to stay invested in the market with index funds and then switch over, as necessary, in the future.
3. "energy stocks gonna bubble if you in it for the long haul (3+ years)" In response to Reply # 0
we in a rough patch as far as WTI is concerned now but soon as this is over and oil jumps back to 80-100 / bbl most of these O+G stocks will shoot up 50% - 200% some of the smaller companies could do a 500% jump ($5 to $25 or something like that)