I have TWO - Three ETF portfolios - VOO, SCHD, QQQM and the second one for my kids is VTI, VYM, VGT... performance through DCA is incredible! Just wanted to see the difference in the makeups
I’m retired so mostly value stocks that pay decent dividends. I also have a large percentage of my money in Vanguard Wellington Admiral Shares and Vanguard S&P 500 mutual fund. I need dividends for income
I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024
Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Hey Ryan, newsletter follower; great intel! As I mentioned to Nolan, my son is all in… I share your thoughts and opinions with him too… have a blessed day!
I went with growth 100% when first started investing my early 40s. Now in my 50s, I shifted to dividend SCHD 60%, 20% SCHG growth, 10% SP500. 10% stocks. Only my regret is I shoulda started this earlier in my 20s.
@@DatBoaCheffff VOO or VTI in your roth, growth tilt (SCHG, QQQM, VUG) in your brokerage for minimal tax drag, and if you get a 401k match at work be sure you're getting your full match and stack more VOO/VTI there or whatever's closest to S&P 500/large cap blend/broad market don't worry about dividends right now, save yourself the 40 years of taxable events and you'll be way ahead when you're retirement age and can just reallocate for income then stay consistent and level headed, you're gonna absolutely kill it
Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
Angela Lynn Schilling is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
@@boyasaka quite a few. I think over 20. SCHD and SCHY are two ETFs I own. And a lot of the widely held ones JNJ, Coke, Pepsi, Chevron, Visa, Starbucks, Cintas, AO Smith, Texas Instruments.
In my opinion watching income grow is the only benefit to dividend investing and this might be the thing that keeps many motivated, so its a win. If find total return exciting.. Each to their own- its all better than nothing.
Great video. I am retired and have dividend and growth mutual funds and ETFs as well as a few individual stocks - all in my pre-tax accounts. Thanks for turning me onto Microsoft on one of your earlier videos. I have been buying a few shares every month with a goal of owning 100 shares by the end of the year.
Love this conversation. Personally, I’m choosing both strategies. Hard to go wrong with a well blended hybrid investing strategy. VOO, SCHG & SCHD. Putting my money in each of these ETFs on a weekly basis.
Hey guys great video. I’m doing both with the three fund portfolio and in a brokerage. I also like how you explained the taxes on both as well. I’m in my 50’s and unsure of the taxes in my brokerage. I want tax free in retirement or very low in my brokerage. This video gives more insight on taxes for a brokerage vs a Roth. Thanks guys
One of the most concise and informative videos I've watched in awhile! I'd say for younger folks a mix of both is probably best. For most older folks it's probably best to go with more dividend ETF's. Although for us older folks who are trying to catch up due to not enough income or investing earlier in life I still struggle with which is best. Through my 401k it's all growth but when the market turns it can be painful the closer you get to retirement.
Hello Professor G!! Thank you so much to you and Ryne for your time and info in this video!! This is actually a very valuable collection of info. As a guy that did not invest for decades, and at this point wpuld be playing turbo catch up, it is very easy to ask "why not just dump all of my catch up $$ into a very aggressive growth fund amd at the time I need a steady monthly income, shift it over to a dividend portfolio". Ha...it has a higher chance of not being there at the time I need it do to a market roller coaster. Or, get ready to pay a high percentage of tax $$ when I did convert it from growth to dividend theme. During our combat operations in the army, slow was smooth and smooth was fast. That seems to have some merit in the investing world (of course, starting WAY earlier than I am in life).
I think the main takeaway from this great conversation (and what I do myself) and have a balanced portfolio that encompasses both dividends/dividend growth and pure growth plays. I have a four ETF portfolio (SCHD + DGRO + QQQM + VTI) but also pure growth stocks like the top tech/semi stocks but also SPYI + O + VICI + MO + MAIN that I am working to grow to a point where I can fund the ETF portfolio but also some bills long term. I also put a small amount into BTC/miners and some speculative plays like PLTR and all this means future stable income, opportunities to play long term growth while hedging against any market volatilities that are definitely going to happen.
It really depends on where you live. I am Romanian and I invest in the Romanian market. We only have one major ETF that's based in Romania and for that, you don't pay taxes on your dividends and if you use a Romanian broker, you only pay 3% tax when you withdraw your money (1% if you held it for more than 1 year). This ETF basically replicates the BET, the Romanian index and it's great, but the TER is 1.35%, so there goes your dividend tax exemption. It automatically reinvests your dividends and I have it on autopilot for the past 2 years.
I don't like just going with growth because the dividends you'll acquire over time are so low that paying for anything like smaller bills will take so much money before you can do so. And relying just on an ETF to grow can be bad because you might need to sell off during a bad economic time, and you could lose money on it. Growth is great during economic prosperity but not at all good during mediocre times. Finally my goal is passive income, and many growth ETFs barely check that box. This is why I do a mixed ETF setup to capture growth and dividends over time. They can balance the upsides and downsides
Great Video, I love being apart of this investing community. I choose both. I love dividends in a down market/rescissions and I love growth to capture Bull Markets
ThanX Prof. G (and Ryne).... Excellent video.... I hold a mix of both ETF's and individual stocks - more so dividend side of things) as my portfolios are to be passed on to loved ones as I do not need the income at this state of my life. You both have excellent channels and provide consistent quality presentations each and every time...!!!. I always look forward to your videos every week. Please be well.
Risk (or risk perception) is a big factor in my investment decisions. I tapped the like button 3 times but it only registered +1 like. I tried! 😂 Great discussion. Thanks, guys!
I think the concept of Yield on Cost is what really proved to me that Dividends are in fact worth it. And a lot of Dividend channels don’t actually mention that as much as they should The idea of me basically getting 10%+ in dividends in comparison to the amount that I put in is too good to pass up on
@@JG-DivMan that as well as understanding that Yields are calculated by the Dividends Paid Per Share divided by the Share Price Meaning a big reason as to why a lot of these stocks have such high yields are because they’re underperforming🤷🏻♂️ but also could be because they grew their dividends by a big amount
I did exactly that. I had NVDA, MSFT, AMZN over the past 5 yrs. I took my profits and placed them into Dividend etf's and am letting the rest run in these names. In 10 yrs, I will probably put most of this into a Div etf when i live off of dividends....perhaps i got a bit lucky as well, but that is the way i chose to do it. Thank you both for a great presentation!
Also my long term cap gains will be low once i retire. So when i sell the growth for div income, my div will also be at a lower taxation in retirement as well.
Im just glad I started watching both of your videos and get some kind of financial information, especially when you're analyzing individual businesses.
In a country where you are taxed on gains when selling stocks, I certainly would consider to go higher on dividend stocks from the start. Here in Switzerland, we are not taxed on appreciation gains. So I put more into growth values which I will transform to dividend values when I will live off the dividends.
@@wds3222 wrong. The huge dividends have already covered my initial investment amount. Now the dividends are just never ending cashflow that buy me thousands in VOO, SCHD and XXXM every month.
I’ll go for the dividend and a little bit on growth. I want fire 🔥 as soon as I can. SCHD all the way with VTI and little bit on QQQM single stock O realty income. My play money is Bitcoin you never know what the future holds 5% weekly. 🤓
I rather do growth and transition to dividends. I'm thinking splg dividend could be as good as SPY. So is splg or spy a better dividend play than Schd? Long term
Love it, Ryne. Visa is my number one stock holding by size. I'm a huge fan of the way this business makes money and the way that management uses capital. Barring anything crazy, this company will be my number one stock holding for the next 30 years. SCHD is also my top holding, period.
There’s also SCHB substitute for VTI and SPLG for VOO. XLK or FTEC subs for VGT. Sadly, I’m not seeing other TH-camrs mention them. Great video though thank you. 🙏🏼
I honestly feel like they don't because they may be told not too, it's not popular .. something. Cause people talk about schg but Qgrw is better. Schg does have lower expense ratio but they reduced the expense ratio once before and I'm hoping they will again. It's only 40 dollars. Gold rated by morning star.. I think it is a early schg... i do like schg, just like QGRW better
The govt probably won't allow them. They don't want people investing in things that give %20+percent annually. The must only talk about 401k so that you are in the mindset to work until you are 60+. You must never talk about investing in taxable brokerage accounts. You must never talk about SBLOCS and never paying taxes ever again in life
Another great total market option that no one rarely brings up is SPTM. Tracking the S&P 1500 since 2020, has a profitability screening and is efficient and cheap at a 0.03 expense ratio.
Growth stock is priced at growth levels… and dividends stocks are usually priced lower.. like some said it’s a trade off.. sometimes value comes in when a growth stock is priced incorrectly or a dividend growth stock is mispriced due to all the money going into growth companies… I love the idea of a growth dividend etf and some growth stocks etf… they essentially rebalance themselves and the dividends from both can drip back into the etf and no major risk…
Great video! I’ve been curious about this topic for a while. I put my dividend stocks in my tax free account within my 3 fund portfolio and my growth and individual stocks in all my accounts.
Great video - The key thing most people miss with dividends is the dividend growth rate. Most people focus on the dividend yield. To understand dividend investing it is very important to understand dividend growth rate. This is what really powers the dividend snowball.
Money can buy Happiness and offset mental health it’s amazing as a retired Infantry Veteran how my outlook on life has changed to positive as I build my daughter’s future..
Just compare the 5 year return of SCHD against SCHG…..53% vs 134%. The 10 year being 113% vs 311%. Dividends don’t make up for the fact you’re missing out on hundreds of percent in total return. If you’re growing your money over decades it’s an absolute no brainer lol
This is what my brain keeps going to… why can’t I do both… schg/vgt or something crazy growth… then in “some” years allocate some of that ridiculous growth to some SCHD if I want dividends? Idk seems like a more obvious path if you have time on your side.
Psychologically dividend growth worked for me. Financially it also worked. Dividend growth for 20+ years, growth the first 10 years. The tech crash in 2000-2002 is when I started to really learn, and I switched to dividend growth. Wish I had started dividend growth in the very beginning (1992). I didn't totally avoid growth, but I started to focus more into growth after my dividend income reached my target and having the core and base paying solid dividends puts me into a great place to watch the gyrations of growth companies and funds.
Very helpful discussion! I’ve been trying to find the answers to these situations online and this discussion helped me grasp the concept more. I’m going to start adding some dividend stocks
So I have XLG, DGRO, DIVO and IBIT for some crypto exposure. I have been on the fence about XLG ( Invesco S&P 500 top 50 ETF) but that’s my biggest holding and the one I’ve held the longest. I’ve seen very few videos on them and they’re not talked about much. What category would they be considered as, it says large blend?
Great video Professor G! interesting conversation. It'll be great to see a video on what dividends etf UK investors can buy that is similar to SCHD, as we can't buy SCHD :-( I have VHYL but would like something else similar to SCHD to compliment VHYL without much overlap. From doing some research, i've heard FUSD and FGQI are a good alternative to SCHD but also heard that GGRG is better but more risky as it's less transparent what companies make up that fund at any point in time. so a bit confused :s
I don't know why dividend investors have hard time to accept that dividend investment STATISTICALLY grows your money less in the long run. However, I definitely agree that, it is less volatile (especially on economic downturns) and it is an easier/fun strategy for the mind (you get paid increasing amounts over the time).
On the point of chasing high dividend yields, I don't see a huge negative in collecting from a 20% yield if you are aware that the stock will either cut dividends, or go bankrupt because of them. Using many platforms for investing, it's super easy to sell your position and buy into another "safe" dividend. For example, in my early days of dividend chasing, I bought into ARR (25% divvi at the time) and the dividends actually made me come out in the green on ARR once I sold even though I was in the red about 9%. Chasing high yields is not all bad if you can keep track of the company's future payouts.
Great content! After I started investing, I fully grasped how much this is a psychological game more than anything else. Currently, I DCA with the 3 fund portfolio (SCHD, VOO, VUG) once a week. I came on a small lump sum of money, and I am afraid to just put it in the market. It is sitting in a 5% HYSA with the interest earned being auto transferred to my brokerage account. I know it is better to put in a portion of the lump sum then DCA like a hybrid. It is just too nerve-wracking to just go for it. Do I deposit half and DCA? Do I make larger DCA deposits? Nothing will be a sure thing other than taking action and just doing it. The mental push to take action is the hardest for me. Thanks for what you do!
Good morning from Texas…. Ready for today’s video session via Zoom. Thank you for all the intel. FYI: My youngest son (15) is all in… Apple, MSFT, and can’t decide between SCHD, QQQM, SPY or DGRO. He will decide.. How’s the new office? Big transition for the Rooster? IPPON!!! 🥋
True divden is not guranteed and can be cut.Growth is also not guranteed.I love passive income from divdens.I do also invest in growth.I am 70 percemt divdens 30 percent growth stocls.Happy investing/stacking.
I like Dividends for the sake of having variety in the kinds of growth my portfolio can receive, I also like that it can slow the bleeding of a struggling stock. One of my biggest positions Sofi has been pretty stagnant for about a year now. It happens🤷🏻♂️ and it doesn’t mean it’s a bad company that doesn’t have stock growth potential, but I will say that the pain of this stagnation wouldn’t be anywhere near as bad if I could at least be getting some kind of dividend from it🤷🏻♂️
I've been heavily focused on growth investing as I've built out a nice portfolio, however I have been filling out my dividend portfolio within my IRAs to avoid the tax pitfalls and bring a little bit of balance to my account to preserve my insane growth. I'm actively investing new capital in both at 60% dividend/ 40% growth, which was reversed until the past year.
If you hold a brokerage account full of growth stocks … well… to convert to dividend or bonds will cost you in taxes Best to have a mix of pure growth like META, TSLA and some dividend growth companies like JNJ PG ABBV as well as income producing ones like MAIN BXSL
I wanted to add 1 pro and 1 con of each that were not covered. For dividends to me, the best upside is the peace of mind that passive income provides and it’s biggest downside to me is that having dividends that can actually do anything takes a ridiculous amount of capital. I wish you had covered the sequence of returns risk with growth stocks/etfs and the best thing about them is their gains are unmatched by other security instruments.
As an Australian i am lucky, thank you franking credits lol. Best of both worlds growth and dividends lol. I am glad you touched on the selling later tax bill, so many miss that part.
Still plan on putting mostly growth in my Roth IRA and switching it to dividend after i hit 65 or so. I almost put SCHD in my Roth, but after the recent annual change, i decided it's best not to try it. I will stick with VOO, SCHG with 10% of AVUV AND VXUS
I go with a hybrid approach, I refuse to invest if there is no dividend, but I pick those dividend payers with good potential for growth. COST, CTAS, MSFT, etc.
In a nutshell, I don't believe in the efficient market hypothesis.... For me, a 'good' stock can be undevalued forever just as a 'bad' stock can remain overvalued forever... So, the dividend (portion of the profits shared by the company with stock holders) investing for me is best answer. When Buffer bought Coke shares, their dividend yield was about 3%. It was already a huge company that paid dividends. Nowadays, that same position got way bigger due to the stock value multiplied for Buffett and the dividend yield of that position (last time I heard) is over 50% for him (yield on cost). Dividend investing works and it can also bring value through time.
At multiple times, Ryan makes the claim that using growth to reach a fixed portfolio value and then switching to dividends would result in less current income than growing your portfolio to the same value using dividend snowball the whole way. This is just categorically false. Your income is always defined as the number of shares times the current dividend value. Two portfolios of just schd worth the same amount have to have the same number of shares, by definition, and therefore will earn the same amount of income. It makes no difference if one person held schd the whole time and dripped to get there while the other accumulated that wealth via a different route
You may be right, but I am having a hard time with this. I will counter and say that you’re off track. DCA into SCHD from the beginning when shares were $50 a share and many years later having $1,000,000 in SCHD will not be the same number of shares as the opposite; I don’t think in 20+ years, that $1,000,000 you sold in growth stocks would purchase the same number of shares the first scenario had and the other owner with the same overall value of a $1,000,000 account. You were correct that dividends are paid on the number of shares. I think the owner who DCA into the position over many years would have more shares and hence higher income than someone jumping into the position at once many years in the future, even if the account value is the same. Reason being, the shares cost much more in the future and you will get fewer shares for the same amount of money, thus resulting in lower income. Like I said, I could be wrong, but my mind is having a hard time with it.
That’s exactly what I don’t get in this video. I personally plan to switch from growth to dividends whenever I’ll be ready to slow down. I never thought I would end up with less share than someone who has been in dividends since the start.
Awesome! 🎉 Including a little special... 😊 20:58 Ryne talking about "more than one way to skin a cat" and it seems his cat smelled that rat and escaped in advance from that 'proof of love' at 13:36 😂
Professor G, it was an interesting point that if you buy a growth ETF, you'll eventually have to sell it and take a hit on the tax. Is there a formula, say your investing in growth ETF and then you sell in 25 yrs, how much more would you have to make on that growth ETF vs directly investing of the dividend ETF which you're not selling?
I’m helping my daughter with a little bit of money. We open her a ROTH IRA, she is only working a part time. I’m motivating her as much as I can. She gets paid by weekly, so if she put’s $100 I put $100 is she put’s $200 I put $200. She is on her first year of college. I’m planning to help her till she graduates and gets a full time job. My question to you is, do you thing splitting it exactly the same between VOO, SCHD and SCHG is good enough or do you thing adding good high yield divided stock is a good idea. Something like Realty income O or JEPI ?
@@NolanGouveia I like growth 80% dividend 20%. I think that growth etfs have a better return over the past 10 years so looking forward I hope they do the same. At the end of the race I want the largest return on money invested.
My stab at answering "growth then transfer to div vs div the whole time" (which I have asked in the past): Investing in dividend stocks and ETFs earlier means that you will, likely, accumulate more shares, as they are, likely, cheaper the earlier you purchase them. More shares equals greater dividend payout. If you wait until your growth portfolio reaches $1m, you will be able to purchase fewer shares at that time, the future, than if you bought shares all along the way until it hit $1m. The best thing I learned about dividend investing is that the amount of money doesn't matter at all, only the number of shares.
But if the growth stocks outgrew the dividend stocks you would be able to buy more dividend stock shares, right? Also trying to comprehend all this. Hypothetically: Year 1 - same money buys 1 share of each Growth stocks outperform. Year 5- same money buys 1 share of dividend stock and 3 shares of growth stock. Sell growth stocks and get 3 dividend shares instead of 1. No? 🤷♂️
But if the growth stocks outgrew the dividend stocks you would be able to buy more dividend stock shares, right? Also trying to comprehend all this. Hypothetically: Year 1 - same money buys 1 share of each Growth stocks outperform. Year 5- same money buys 1 share of dividend stock and 3 shares of growth stock. Sell growth stocks and get 3 dividend shares instead of 1. No? 🤷♂️
But if the growth stocks outgrew the dividend stocks you would be able to buy more dividend stock shares, right? Also trying to comprehend all this. Hypothetically: Year 1 - same money buys 1 share of each Growth stocks outperform. Year 5- same money buys 1 share of dividend stock and 3 shares of growth stock. Sell growth stocks and get 3 dividend shares instead of 1. No? 🤷♂️
But if the growth stocks outgrew the dividend stocks you would be able to buy more dividend stock shares, right? Also trying to comprehend all this. Hypothetically: Year 1 - same money buys 1 share of each Growth stocks outperform. Year 5- same money buys 1 share of dividend stock and 3 shares of growth stock. Sell growth stocks and get 3 dividend shares instead of 1. No? 🤷♂️
Year 5 the same money would almost certainly not buy 1 share of a dividend stock as the price of the stock is nearly certain to rise. If you buy when they are cheaper and dca, you will likely get more individual shares, which means a greater dividend payout, as those are based only on the number of shares you own, not the amount of money you have invested.
So which one are you choosing? Growth or Dividends?!
I have TWO - Three ETF portfolios - VOO, SCHD, QQQM and the second one for my kids is VTI, VYM, VGT... performance through DCA is incredible! Just wanted to see the difference in the makeups
@@FurryHippoFinance interesting! I like it! Which one is performing better so far?
Both
I’m retired so mostly value stocks that pay decent dividends. I also have a large percentage of my money in Vanguard Wellington Admiral Shares and Vanguard S&P 500 mutual fund. I need dividends for income
@@NolanGouveia In the last month the kids are winning at 8.02% while mine is at 5.75% darn them!
I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024
Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you
Thank you for including me in this man! This came out awesome 👏
I’m looking forward to watching this content💪🏾
Hey Ryan, newsletter follower; great intel! As I mentioned to Nolan, my son is all in… I share your thoughts and opinions with him too… have a blessed day!
Thank YOU for the awesome insights my friend!
Ryne I don’t think Peanut liked what you said about there being multiple ways of skinning a cat😂
Subscribed!
I went with growth 100% when first started investing my early 40s. Now in my 50s, I shifted to dividend SCHD 60%, 20% SCHG growth, 10% SP500. 10% stocks. Only my regret is I shoulda started this earlier in my 20s.
I'm 51, how do you set this up? Currently I deposit 666 mo into my Roth and set it to purchase 200 of Fxaix.
FXAIX 👍
This is what I’m trying to plan out, growth first then dividends
I’m starting now at 23, any other advice?
@@DatBoaCheffff VOO or VTI in your roth, growth tilt (SCHG, QQQM, VUG) in your brokerage for minimal tax drag, and if you get a 401k match at work be sure you're getting your full match and stack more VOO/VTI there or whatever's closest to S&P 500/large cap blend/broad market
don't worry about dividends right now, save yourself the 40 years of taxable events and you'll be way ahead when you're retirement age and can just reallocate for income then
stay consistent and level headed, you're gonna absolutely kill it
What this video taught me is to invest in both dividends and growth. People who choose both are the real winners!
Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
Angela Lynn Schilling is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
Dividend investing keeps me engaged. Watching my payouts grow is exciting. I have no quarrel with growth investors, it’s not my choice.
Which companies are you invested in ?
Same here my man started at the end of last year and I completely love it
@@boyasaka quite a few. I think over 20. SCHD and SCHY are two ETFs I own. And a lot of the widely held ones JNJ, Coke, Pepsi, Chevron, Visa, Starbucks, Cintas, AO Smith, Texas Instruments.
@NolanGouveaa Learn to spell troll
In my opinion watching income grow is the only benefit to dividend investing and this might be the thing that keeps many motivated, so its a win. If find total return exciting.. Each to their own- its all better than nothing.
Great video. I am retired and have dividend and growth mutual funds and ETFs as well as a few individual stocks - all in my pre-tax accounts. Thanks for turning me onto Microsoft on one of your earlier videos. I have been buying a few shares every month with a goal of owning 100 shares by the end of the year.
🙌🙌 love me some MSFT
Love this conversation. Personally, I’m choosing both strategies. Hard to go wrong with a well blended hybrid investing strategy. VOO, SCHG & SCHD. Putting my money in each of these ETFs on a weekly basis.
I like it my friend! Balance is key!
Same here 👍
Hey guys great video. I’m doing both with the three fund portfolio and in a brokerage. I also like how you explained the taxes on both as well. I’m in my 50’s and unsure of the taxes in my brokerage. I want tax free in retirement or very low in my brokerage. This video gives more insight on taxes for a brokerage vs a Roth. Thanks guys
Same! 🎉
Great strategy with your three holdings. How old are you?
I invest in both growth and dividends. With my growth stocks I plan on running the wheel strategy
Wheel stratagy?
@@patheticprepper4496 selling options and rolling them out
@@patheticprepper4496 th-cam.com/video/kE0T8l-p9ko/w-d-xo.htmlsi=qz12Nem3fdN0oFRx
@@patheticprepper4496 th-cam.com/video/kE0T8l-p9ko/w-d-xo.htmlsi=qz12Nem3fdN0oFRx
What is the wheel strategy?
Awesome views!. Doing great on Growth however the older than I am the need of Dividend accounts next to SS income
Loved this chat! It has me rethinking of how I’m structuring my Roth IRA to focus more on the shares and yield rather than the growth dollar amount 🔥
🙌🙌
One of the most concise and informative videos I've watched in awhile! I'd say for younger folks a mix of both is probably best. For most older folks it's probably best to go with more dividend ETF's. Although for us older folks who are trying to catch up due to not enough income or investing earlier in life I still struggle with which is best. Through my 401k it's all growth but when the market turns it can be painful the closer you get to retirement.
Great points! Thanks for watching!
Hello Professor G!! Thank you so much to you and Ryne for your time and info in this video!! This is actually a very valuable collection of info. As a guy that did not invest for decades, and at this point wpuld be playing turbo catch up, it is very easy to ask "why not just dump all of my catch up $$ into a very aggressive growth fund amd at the time I need a steady monthly income, shift it over to a dividend portfolio". Ha...it has a higher chance of not being there at the time I need it do to a market roller coaster. Or, get ready to pay a high percentage of tax $$ when I did convert it from growth to dividend theme.
During our combat operations in the army, slow was smooth and smooth was fast. That seems to have some merit in the investing world (of course, starting WAY earlier than I am in life).
I think the main takeaway from this great conversation (and what I do myself) and have a balanced portfolio that encompasses both dividends/dividend growth and pure growth plays. I have a four ETF portfolio (SCHD + DGRO + QQQM + VTI) but also pure growth stocks like the top tech/semi stocks but also SPYI + O + VICI + MO + MAIN that I am working to grow to a point where I can fund the ETF portfolio but also some bills long term. I also put a small amount into BTC/miners and some speculative plays like PLTR and all this means future stable income, opportunities to play long term growth while hedging against any market volatilities that are definitely going to happen.
Great points!
It really depends on where you live. I am Romanian and I invest in the Romanian market. We only have one major ETF that's based in Romania and for that, you don't pay taxes on your dividends and if you use a Romanian broker, you only pay 3% tax when you withdraw your money (1% if you held it for more than 1 year). This ETF basically replicates the BET, the Romanian index and it's great, but the TER is 1.35%, so there goes your dividend tax exemption. It automatically reinvests your dividends and I have it on autopilot for the past 2 years.
I don't like just going with growth because the dividends you'll acquire over time are so low that paying for anything like smaller bills will take so much money before you can do so. And relying just on an ETF to grow can be bad because you might need to sell off during a bad economic time, and you could lose money on it. Growth is great during economic prosperity but not at all good during mediocre times. Finally my goal is passive income, and many growth ETFs barely check that box. This is why I do a mixed ETF setup to capture growth and dividends over time. They can balance the upsides and downsides
Most of all my SCHD and DGRO is in rolled over 401k and I reinvest the dividends and quite happy with the product and process
DCAing the hell out of this for Divies. Also re-investing ?! #MoneyŴork$...😅😅😅
Great Video, I love being apart of this investing community. I choose both. I love dividends in a down market/rescissions and I love growth to capture Bull Markets
Great stuff!
ThanX Prof. G (and Ryne).... Excellent video.... I hold a mix of both ETF's and individual stocks - more so dividend side of things) as my portfolios are to be passed on to loved ones as I do not need the income at this state of my life. You both have excellent channels and provide consistent quality presentations each and every time...!!!. I always look forward to your videos every week. Please be well.
More videos like this please. Debating and chatting with other traders is very insightful. Thank you
Will do!
Two of the best in informative and entertaining TH-cam finance guys together. Nicely done, fellas.
Thank you Lee!
Risk (or risk perception) is a big factor in my investment decisions. I tapped the like button 3 times but it only registered +1 like. I tried! 😂 Great discussion. Thanks, guys!
this conversation is what i've been waiting for!!! thank you guys
Happy you're here man!
Follow both of you guys... Glad you brought it together!
🙌🙌
It's a mix for me. Growth for my retirement nest egg, dividend stocks for my future Lamborghini. :)
Also, happy I stayed to the end, I own SCHD, MSFT and V.
I like your style!
Exactly
I think the concept of Yield on Cost is what really proved to me that Dividends are in fact worth it. And a lot of Dividend channels don’t actually mention that as much as they should
The idea of me basically getting 10%+ in dividends in comparison to the amount that I put in is too good to pass up on
Yield on Cost doesn't get talked about enough, but it's a vital tool in avoiding the many yield traps that are out there.
@@JG-DivMan that as well as understanding that Yields are calculated by the Dividends Paid Per Share divided by the Share Price
Meaning a big reason as to why a lot of these stocks have such high yields are because they’re underperforming🤷🏻♂️ but also could be because they grew their dividends by a big amount
Two of my favorite TH-camrs together !!!
I did exactly that. I had NVDA, MSFT, AMZN over the past 5 yrs. I took my profits and placed them into Dividend etf's and am letting the rest run in these names. In 10 yrs, I will probably put most of this into a Div etf when i live off of dividends....perhaps i got a bit lucky as well, but that is the way i chose to do it. Thank you both for a great presentation!
Also my long term cap gains will be low once i retire. So when i sell the growth for div income, my div will also be at a lower taxation in retirement as well.
lower I meant because i will be in a different tax bracket once retired for both cap gains and div income.
Im just glad I started watching both of your videos and get some kind of financial information, especially when you're analyzing individual businesses.
In a country where you are taxed on gains when selling stocks, I certainly would consider to go higher on dividend stocks from the start. Here in Switzerland, we are not taxed on appreciation gains. So I put more into growth values which I will transform to dividend values when I will live off the dividends.
I have 3 etf's that pay ridiculous monthly dividends.
With each monthly dividend I use it to buy 3 growth etf's.
All within a non taxable account.
@joshsantos9965 QQQY, JEPY, SVOL
@@stuinvests it's paid me over $20k in dividends this year. All of which I've put into VOO.
Usually those paying hardcore dividends will also facing hardcore losses in the capital so you are still losing at the end.
@@wds3222 wrong. The huge dividends have already covered my initial investment amount. Now the dividends are just never ending cashflow that buy me thousands in VOO, SCHD and XXXM every month.
❤❤I’ve been researching investing this week and I’ve learned so much from your page!! Thank you for your great beginner friendly videos!!
You’re welcome! Glad they can help!
I’ll go for the dividend and a little bit on growth. I want fire 🔥 as soon as I can. SCHD all the way with VTI and little bit on QQQM single stock O realty income. My play money is Bitcoin you never know what the future holds 5% weekly. 🤓
Great moves! I like those ones as well!
I have the same ones.
The greatest duo, the best in finance.
You are too kind
Woohoo good to see you both together. You are the 2 I mostly watch. Great video. Thank you so much for sharing your knowledge. 😊
Thankyou!
This is probably one of my top 5 video from your channel! Great info, keep them coming professor. 🤙🏼
Thankyou for watching and for the kind feedback!
I rather do growth and transition to dividends. I'm thinking splg dividend could be as good as SPY. So is splg or spy a better dividend play than Schd? Long term
Love it, Ryne. Visa is my number one stock holding by size. I'm a huge fan of the way this business makes money and the way that management uses capital. Barring anything crazy, this company will be my number one stock holding for the next 30 years. SCHD is also my top holding, period.
I like it!
There’s also SCHB substitute for VTI and SPLG for VOO. XLK or FTEC subs for VGT. Sadly, I’m not seeing other TH-camrs mention them. Great video though thank you. 🙏🏼
I honestly feel like they don't because they may be told not too, it's not popular .. something. Cause people talk about schg but Qgrw is better. Schg does have lower expense ratio but they reduced the expense ratio once before and I'm hoping they will again. It's only 40 dollars. Gold rated by morning star.. I think it is a early schg... i do like schg, just like QGRW better
The govt probably won't allow them. They don't want people investing in things that give %20+percent annually. The must only talk about 401k so that you are in the mindset to work until you are 60+. You must never talk about investing in taxable brokerage accounts. You must never talk about SBLOCS and never paying taxes ever again in life
Another great total market option that no one rarely brings up is SPTM. Tracking the S&P 1500 since 2020, has a profitability screening and is efficient and cheap at a 0.03 expense ratio.
This was a second to none collaboration guys! For now, I am sticking strictly to dividend investing!
Amazing! Thanks for watching and commenting
Awesome collab with two absolute Investing Tuber juggernauts!
Thankyou my friend!
OMG, love you two together in this video! I watch each of you separately on a regular basis! ❤️❤️❤️
Thank you so much for the support!
I'm investing equally into VUSA (reinvesting the dividends) & VUAG! I will tell you what the better choice is in 20 years.
So informative both of you killed it
I watch Ryne every week. Always great information
Two of my favorite investors!!!
🎉🙌🙌
Growth stock is priced at growth levels… and dividends stocks are usually priced lower.. like some said it’s a trade off.. sometimes value comes in when a growth stock is priced incorrectly or a dividend growth stock is mispriced due to all the money going into growth companies… I love the idea of a growth dividend etf and some growth stocks etf… they essentially rebalance themselves and the dividends from both can drip back into the etf and no major risk…
Great video👏. Thank you I invest 50/50 in Growth and Dividend investing.
Equal in number of shares of each or equal dollar amount of each?
Great video! I’ve been curious about this topic for a while. I put my dividend stocks in my tax free account within my 3 fund portfolio and my growth and individual stocks in all my accounts.
Awesome video. Love the conversation. I'm sticking with the 3 fund portfolio. Balance in all things!!!
I like your style!
Great video - The key thing most people miss with dividends is the dividend growth rate. Most people focus on the dividend yield. To understand dividend investing it is very important to understand dividend growth rate. This is what really powers the dividend snowball.
Money can buy Happiness and offset mental health it’s amazing as a retired Infantry Veteran how my outlook on life has changed to positive as I build my daughter’s future..
Just compare the 5 year return of SCHD against SCHG…..53% vs 134%. The 10 year being 113% vs 311%. Dividends don’t make up for the fact you’re missing out on hundreds of percent in total return. If you’re growing your money over decades it’s an absolute no brainer lol
SCHG it is then lol
This is what my brain keeps going to… why can’t I do both… schg/vgt or something crazy growth… then in “some” years allocate some of that ridiculous growth to some SCHD if I want dividends? Idk seems like a more obvious path if you have time on your side.
Great collaboration! Both of you guys always bring solid, practical info! 😊
Wow!!
Excellent video/ content!
From beginning to end, soo many great points from both of you!
Buy; SCHG, JEPQ, SPLG, call it a day.
You guys are very honest
Thank you for all this explanation
You’re welcome!
i sell options against growth positions to create my own dividends.
Psychologically dividend growth worked for me. Financially it also worked. Dividend growth for 20+ years, growth the first 10 years. The tech crash in 2000-2002 is when I started to really learn, and I switched to dividend growth. Wish I had started dividend growth in the very beginning (1992). I didn't totally avoid growth, but I started to focus more into growth after my dividend income reached my target and having the core and base paying solid dividends puts me into a great place to watch the gyrations of growth companies and funds.
Dividends! What ever way you go is what’s right for you! We’re all on our way to wealth.
Very helpful discussion! I’ve been trying to find the answers to these situations online and this discussion helped me grasp the concept more. I’m going to start adding some dividend stocks
So I have XLG, DGRO, DIVO and IBIT for some crypto exposure. I have been on the fence about XLG ( Invesco S&P 500 top 50 ETF) but that’s my biggest holding and the one I’ve held the longest. I’ve seen very few videos on them and they’re not talked about much. What category would they be considered as, it says large blend?
Great video Professor G! interesting conversation. It'll be great to see a video on what dividends etf UK investors can buy that is similar to SCHD, as we can't buy SCHD :-( I have VHYL but would like something else similar to SCHD to compliment VHYL without much overlap. From doing some research, i've heard FUSD and FGQI are a good alternative to SCHD but also heard that GGRG is better but more risky as it's less transparent what companies make up that fund at any point in time. so a bit confused :s
I don't know why dividend investors have hard time to accept that dividend investment STATISTICALLY grows your money less in the long run.
However, I definitely agree that, it is less volatile (especially on economic downturns) and it is an easier/fun strategy for the mind (you get paid increasing amounts over the time).
Yup definitely pros and cons!
Agreed. That’s why I buy growth and not dividend.
@@stuinvests Same with all things if you get Gifts Now you have less Gifts so growth is the Long Run Tactic
On the point of chasing high dividend yields, I don't see a huge negative in collecting from a 20% yield if you are aware that the stock will either cut dividends, or go bankrupt because of them. Using many platforms for investing, it's super easy to sell your position and buy into another "safe" dividend. For example, in my early days of dividend chasing, I bought into ARR (25% divvi at the time) and the dividends actually made me come out in the green on ARR once I sold even though I was in the red about 9%. Chasing high yields is not all bad if you can keep track of the company's future payouts.
You can definitely use that strategy, you just need to stay on top of it!
Great content! After I started investing, I fully grasped how much this is a psychological game more than anything else. Currently, I DCA with the 3 fund portfolio (SCHD, VOO, VUG) once a week. I came on a small lump sum of money, and I am afraid to just put it in the market. It is sitting in a 5% HYSA with the interest earned being auto transferred to my brokerage account.
I know it is better to put in a portion of the lump sum then DCA like a hybrid. It is just too nerve-wracking to just go for it. Do I deposit half and DCA? Do I make larger DCA deposits?
Nothing will be a sure thing other than taking action and just doing it. The mental push to take action is the hardest for me. Thanks for what you do!
Yes definitely a tough decision but I’d go with what you suggested as well!
Good morning from Texas…. Ready for today’s video session via Zoom. Thank you for all the intel. FYI: My youngest son (15) is all in… Apple, MSFT, and can’t decide between SCHD, QQQM, SPY or DGRO. He will decide.. How’s the new office? Big transition for the Rooster? IPPON!!! 🥋
Yes can't wait! Which type of investing do you prefer? growth or dividends?
This was the video I was waiting for
I'm all in on SCHD, SPLG and VGT.
Same. I added in some qqqi too
Why splg over voo?
Great talk guys. I do both but I favor dividends a bit more. Learned so much from you guys
Great video, I’m 24 and have been following professor G’s 3 etf portfolio guide (both brokerage and Roth IRA) with 33% schd 33% qqqm 33% voo.
Great work!
Thank you for the great information professor G and Ryne!
What are your thoughts on Fselx?
True divden is not guranteed and can be cut.Growth is also not guranteed.I love passive income from divdens.I do also invest in growth.I am 70 percemt divdens 30 percent growth stocls.Happy investing/stacking.
Cudos to both of you. Once again, very informative vid. Good to watch the back and forth between groth and dividend investing. Thank you both. 😊
You’re welcome Ron!
I like Dividends for the sake of having variety in the kinds of growth my portfolio can receive, I also like that it can slow the bleeding of a struggling stock.
One of my biggest positions Sofi has been pretty stagnant for about a year now. It happens🤷🏻♂️ and it doesn’t mean it’s a bad company that doesn’t have stock growth potential, but I will say that the pain of this stagnation wouldn’t be anywhere near as bad if I could at least be getting some kind of dividend from it🤷🏻♂️
Choose growth !Greetings from Greece
Nice!! Why do you prefer growth?
yep growth wins, as a total figure
Another reason is the dividends from stocks have 30% tax in my country.So i prefer tax free etfs for europeans (vuaa,eqqq, etc)
Is DCA or lumpsum better for 2 Fund Portfolio?
This was a great video to watch. Thank you for putting that together!
thanks gents!
I've been heavily focused on growth investing as I've built out a nice portfolio, however I have been filling out my dividend portfolio within my IRAs to avoid the tax pitfalls and bring a little bit of balance to my account to preserve my insane growth. I'm actively investing new capital in both at 60% dividend/ 40% growth, which was reversed until the past year.
I like that split and strategy!
EPIC VIDEO!!!!!
Justo perfect, please keep this partnership!!
Regards from Panamá!!
Thank you very much!
If you hold a brokerage account full of growth stocks … well… to convert to dividend or bonds will cost you in taxes
Best to have a mix of pure growth like META, TSLA and some dividend growth companies like JNJ PG ABBV as well as income producing ones like MAIN BXSL
Thanks for helping us out with finances; you guys are awesome!
I wanted to add 1 pro and 1 con of each that were not covered. For dividends to me, the best upside is the peace of mind that passive income provides and it’s biggest downside to me is that having dividends that can actually do anything takes a ridiculous amount of capital. I wish you had covered the sequence of returns risk with growth stocks/etfs and the best thing about them is their gains are unmatched by other security instruments.
As an Australian i am lucky, thank you franking credits lol. Best of both worlds growth and dividends lol.
I am glad you touched on the selling later tax bill, so many miss that part.
🙌🙌
Still plan on putting mostly growth in my Roth IRA and switching it to dividend after i hit 65 or so. I almost put SCHD in my Roth, but after the recent annual change, i decided it's best not to try it. I will stick with VOO, SCHG with 10% of AVUV AND VXUS
I go with a hybrid approach, I refuse to invest if there is no dividend, but I pick those dividend payers with good potential for growth. COST, CTAS, MSFT, etc.
In a nutshell, I don't believe in the efficient market hypothesis....
For me, a 'good' stock can be undevalued forever just as a 'bad' stock can remain overvalued forever...
So, the dividend (portion of the profits shared by the company with stock holders) investing for me is best answer.
When Buffer bought Coke shares, their dividend yield was about 3%. It was already a huge company that paid dividends.
Nowadays, that same position got way bigger due to the stock value multiplied for Buffett and the dividend yield of that position (last time I heard) is over 50% for him (yield on cost).
Dividend investing works and it can also bring value through time.
Great reasoning!
Good Morning from Miami. Thank you for the great show and information.
Thankyou for watching and commenting!
Thank you so much for the info, Professor G and Ryne. 👍
We are here to help!
At multiple times, Ryan makes the claim that using growth to reach a fixed portfolio value and then switching to dividends would result in less current income than growing your portfolio to the same value using dividend snowball the whole way. This is just categorically false. Your income is always defined as the number of shares times the current dividend value. Two portfolios of just schd worth the same amount have to have the same number of shares, by definition, and therefore will earn the same amount of income. It makes no difference if one person held schd the whole time and dripped to get there while the other accumulated that wealth via a different route
Yeah I was thinking the same thing.
You may be right, but I am having a hard time with this. I will counter and say that you’re off track.
DCA into SCHD from the beginning when shares were $50 a share and many years later having $1,000,000 in SCHD will not be the same number of shares as the opposite; I don’t think in 20+ years, that $1,000,000 you sold in growth stocks would purchase the same number of shares the first scenario had and the other owner with the same overall value of a $1,000,000 account.
You were correct that dividends are paid on the number of shares. I think the owner who DCA into the position over many years would have more shares and hence higher income than someone jumping into the position at once many years in the future, even if the account value is the same. Reason being, the shares cost much more in the future and you will get fewer shares for the same amount of money, thus resulting in lower income.
Like I said, I could be wrong, but my mind is having a hard time with it.
That’s exactly what I don’t get in this video. I personally plan to switch from growth to dividends whenever I’ll be ready to slow down.
I never thought I would end up with less share than someone who has been in dividends since the start.
Awesome! 🎉 Including a little special... 😊 20:58 Ryne talking about "more than one way to skin a cat" and it seems his cat smelled that rat and escaped in advance from that 'proof of love' at 13:36 😂
Professor G, it was an interesting point that if you buy a growth ETF, you'll eventually have to sell it and take a hit on the tax. Is there a formula, say your investing in growth ETF and then you sell in 25 yrs, how much more would you have to make on that growth ETF vs directly investing of the dividend ETF which you're not selling?
Brilliant discussion today. Thank you guys.
THANK YOU: Which type of investing do you prefer? growth or dividends?
@@NolanGouveiaboth
At this moment and over last 6 months best growth and dividend ... NVDX and NVDY.
I’m helping my daughter with a little bit of money. We open her a ROTH IRA, she is only working a part time. I’m motivating her as much as I can. She gets paid by weekly, so if she put’s $100 I put $100 is she put’s $200 I put $200. She is on her first year of college. I’m planning to help her till she graduates and gets a full time job. My question to you is, do you thing splitting it exactly the same between VOO, SCHD and SCHG is good enough or do you thing adding good high yield divided stock is a good idea. Something like Realty income O or JEPI ?
Great content, keep the information flowing.
Thankyou! Which do you prefer to invest in? Dividends or growth?
@@NolanGouveia I like growth 80% dividend 20%. I think that growth etfs have a better return over the past 10 years so looking forward I hope they do the same. At the end of the race I want the largest return on money invested.
@@Chad17764 definitely makes sense but I like that you have a little of both!
My stab at answering "growth then transfer to div vs div the whole time" (which I have asked in the past): Investing in dividend stocks and ETFs earlier means that you will, likely, accumulate more shares, as they are, likely, cheaper the earlier you purchase them. More shares equals greater dividend payout. If you wait until your growth portfolio reaches $1m, you will be able to purchase fewer shares at that time, the future, than if you bought shares all along the way until it hit $1m. The best thing I learned about dividend investing is that the amount of money doesn't matter at all, only the number of shares.
But if the growth stocks outgrew the dividend stocks you would be able to buy more dividend stock shares, right? Also trying to comprehend all this. Hypothetically:
Year 1 - same money buys 1 share of each
Growth stocks outperform.
Year 5- same money buys 1 share of dividend stock and 3 shares of growth stock.
Sell growth stocks and get 3 dividend shares instead of 1.
No? 🤷♂️
But if the growth stocks outgrew the dividend stocks you would be able to buy more dividend stock shares, right? Also trying to comprehend all this. Hypothetically:
Year 1 - same money buys 1 share of each
Growth stocks outperform.
Year 5- same money buys 1 share of dividend stock and 3 shares of growth stock.
Sell growth stocks and get 3 dividend shares instead of 1.
No? 🤷♂️
But if the growth stocks outgrew the dividend stocks you would be able to buy more dividend stock shares, right? Also trying to comprehend all this. Hypothetically:
Year 1 - same money buys 1 share of each
Growth stocks outperform.
Year 5- same money buys 1 share of dividend stock and 3 shares of growth stock.
Sell growth stocks and get 3 dividend shares instead of 1.
No? 🤷♂️
But if the growth stocks outgrew the dividend stocks you would be able to buy more dividend stock shares, right? Also trying to comprehend all this. Hypothetically:
Year 1 - same money buys 1 share of each
Growth stocks outperform.
Year 5- same money buys 1 share of dividend stock and 3 shares of growth stock.
Sell growth stocks and get 3 dividend shares instead of 1.
No? 🤷♂️
Year 5 the same money would almost certainly not buy 1 share of a dividend stock as the price of the stock is nearly certain to rise. If you buy when they are cheaper and dca, you will likely get more individual shares, which means a greater dividend payout, as those are based only on the number of shares you own, not the amount of money you have invested.
Monthly div stocks are the most fun for engaging investing.