Six value stocks do not provide enough diversification. Also in the past recessions value stocks have declined in similar manner comparable to the overall stock market.
You have to remember that any dividend distributed will immediately cause net asset value to drop equal to the dividend. There are no free lunches here. Exclusive focus on dividend is a classic beginner mistake.
I have previously presented an idea of using two balanced funds to hit a 50% stock / 50% bond portfolio. One example is equal portion of Vanguard Balanced Index, and Vanguard LifeStrategy Conservative Growth. Just withdraw according to need, keeping these two funds equal portion.
You have to remember that any dividend distributed will immediately cause net asset value to drop equal to the dividend. There are no free lunches here. Exclusive focus on dividend is a classic beginner mistake.
I have previously presented an idea of using two balanced funds to hit a 50% stock / 50% bond portfolio. One example is equal portion of Vanguard Balanced Index, and Vanguard LifeStrategy Conservative Growth. Just withdraw according to need, keeping these two funds equal portion.
Statistics: Posted by Tyler Aspect — Thu Sep 12, 2024 11:09 pm — Replies 3 — Views 120