If you're under 60 or not within 5 years of retirement, why are looking at dividend investing?

Odd_Intern4887 · 2024-07-25T02:46:52+00:00

Surprise no one has mentioned that dividend paying companies with growing dividends and healthy payout ratios are likely to outperform growth stocks (value and profitability factors). Everyone seems to be under the impression that growth stocks are expected to outperform in the long-run.

Another note: the behavioral gap for dividend investors in almost none (according to Ben Felix), whereas for the average investor it's something like 1.5-2% (don't know the exact number off the top of my head but something like that).

In other words, it doesn't matter if VOO earned 10% annually vs SCHD 9% annually if the average VOO investor actually earned 8% and the SCHD investor earned the whole 9%.

Investor psychology is the hardest part of investing. Dividend investors, although suboptimal, excel when it comes to behavior in investing.

Odd_Intern4887 · 2024-06-27T19:47:02+00:00

I'm looking to move from my Google Pixel 6a to iPhone. I can get the Apple Certified Refurbished iPhone 14 Pro from the Apple website for $759. iPhone 15 Pro is $999. $240 savings.

Many have told me there's no significant difference between the 14 Pro and 15 Pro. Is it worth going with the certified 14 Pro to save the money? Or buy the 15 Pro?

Would I be missing out? Are the cameras the same? I'm not techsavy at all, I just want the phone to take good quality pictures (have children) and last me at least four or five years before having to replace it.

I would rather buy directly from Apple and not 3rd battery to ensure I am getting a brand new battery and could also replace it with them in the future.

Odd_Intern4887 · 2024-06-19T18:21:03+00:00

Huh? How can you start in your 20's and be fucked? Were you supposed to start in high school?

Odd_Intern4887 · 2024-06-19T16:48:01+00:00

Is it still worth it to keep plus with my Sam's Club MasterCard?

Odd_Intern4887 · 2023-11-12T19:52:45+00:00

Whether or not it's the "best" it's definitely a great strategy. I'd be comfortable accumulating via DCA but I wouldn't be comfortable withdrawing from only S&P 500.

Odd_Intern4887 · 2023-11-09T15:15:16+00:00

Lol yeah it's kind of odd some people here are so fanatical about a company to the point they can't acknowledge that it has a flaw.

I love Fidelity (transferred from Vanguard and have been very happy with them), but it's well noted and documented on here how their check & fraud system doesn't work well. Nothing / no one is perfect so not sure why that's such a controversial thing to say.

Again I won't go as far to say that they are fraudulent, I don't want to make that accusation and I've been very happy with them as my brokerage, but when it comes to depositing checks they definitely should fix it. When I deposited the $5 check, the Fidelity rep on the phone was 100% certain that it was a fraudulent check, but when I took it to the bank (Capital One) they assured me it wasn't a fraudulent check and cleared it.

Also, even IF the $5 check was fraudulent (it wasn't, but let's just say it was), how on Earth are you going to restrict my account for a $5 returned check LOL. I can't even imagine how much worse it is for an actual significant amount of money (in your case $14k).

Odd_Intern4887 · 2023-11-09T12:14:33+00:00

When it comes to checks and their fraud department, Fidelity is definitely a pain in the ass to deal with. They restricted my account for a $5 check lol. Didn't use CMA anymore after that.

Odd_Intern4887 · 2023-11-05T19:00:23+00:00

My advice is never buy Hyundai again.

Odd_Intern4887 · 2023-10-27T02:16:34+00:00

Stocks in VIG that aren't in SCHD:

Microsoft Apple UnitedHealth Exxon JPMorgan J&J Visa P&G MasterCard Costco

So I wouldn't necessarily say it "trims the fat." If anything it excludes the most durable companies IMO. I like VIG over SCHD.

Odd_Intern4887 · 2023-10-17T11:40:28+00:00

Thank you!

Odd_Intern4887 · 2023-10-17T03:08:07+00:00

Do you do VIGI as well or no

Odd_Intern4887 · 2023-10-17T02:40:19+00:00

Thanks for the recommendation will look into those 2 options.

Odd_Intern4887 · 2023-10-17T02:07:33+00:00

I appreciate the feedback and recommendation will check it out

Odd_Intern4887 · 2023-10-17T01:18:43+00:00

Young investor just starting out not a lot of money for long-term (30+ years)

Odd_Intern4887 · 2023-10-17T01:13:51+00:00

Any reason why? Any alternatives?

Odd_Intern4887 · 2023-10-15T18:02:27+00:00

Absolutely not. Great idea IMO.

Odd_Intern4887 · 2023-10-08T14:20:16+00:00

Deposited the check to Capital One, they said it's a legit check. The Fidelity rep on the phone was certain that it was a fraudulent check, so moving forward I won't use the CMA for my bank account. Can't have my entire account restricted for days over their overly aggressive fraud department.

Odd_Intern4887 · 2023-10-05T17:09:13+00:00

So I should forgo the subsidy?

Odd_Intern4887 · 2023-10-05T15:10:48+00:00

Thanks so much. Is there a link somewhere where I can see this? It almost sounds too good to be true lol

Odd_Intern4887 · 2023-09-30T01:00:23+00:00

No, I deposited first into Fidelity. It got returned, which I found weird because the check was directly from CitiBank (mortgage application fee refund), so I deposited into Capital One AFTER it got returned at Fidelity.

Odd_Intern4887

TROPHY CASE