The Simple Path to Wealth with dividend investing (Core and Satellite Portfolio)

The Simple Path to Wealth with dividend investing
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3:27 - The Simple Path to Wealth
4:17 - Core & Satellite Investing
7:53 - Simple Path 20+ Years: m1.finance/PNA...
10:13 - Simple Path 11 - 20 Years: m1.finance/lmL...
11:55 - Simple Path 6 - 10 Years: m1.finance/CNY...
13:33 - Simple Path 0 - 5 Years: m1.finance/eBt...
How to transfer to M1 Finance: dgitofi.com/Tra...
My dividend growth portfolio: dgitofi.com/My...
More about dividend growth investing:
How to invest with a Roth IRA for the long-term: • How to invest with a R...
My favorite dividend investing methodology: • My favorite dividend i...
What most dividend investors get wrong: • What most dividend inv...
I'm not a financial advisor and the content discussed today is merely my opinion and intended only for your entertainment. The content expressed in this video should not be considered as professional financial advice. This video may contain links through which we are compensated when you click on or are approved for offers. The information in this video was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities.
#dividendgrowthinvesting

[@DividendGrowthInvesting]

Thanks for watching! Join the DGI to FI community: nas.io/DGItoFI Get Seeking Alpha Premium and Alpha Picks: www.sahg6dtr.com/2WCWQH/225JFQ/ Get Seeking Alpha Premium: seekingalpha.me/dividendgrowthinvesting Try M1 Finance: bit.ly/TryM1Finance How to Transfer to M1: bit.ly/TransfertoM1

[@A_man_not_your_man]

Babe a new Jake with Dividend Growth Investing video just dropped

[@DividendGrowthInvesting]

lol :D

[@doyceharris]

​00,0⁰😊s.😊 00❤x

[@LifeInvestor999]

Excellent video, Jake. Thanks for explaining and providing a visual of the Dividend investing Core and Satellite Portfolio!

[@DividendGrowthInvesting]

Thank you!!!

[@RenegadeBastard]

Excellent content as always, Jake! I’m 38 years old myself. Target FIRE date of 2030 in just over six years from now. I’ll be 45 at that time. My portfolio is dead simple. Three funds only. SCHD at 33% / JEPI at 33% / JEPQ at 33% and Cash at 1% for speculative trading. Portfolio value is currently $340K. Exciting times await! 😊

[@DividendGrowthInvesting]

Thats great! The best part is tracking your progress each month!

[@t.caskets9893]

I'm the same age as well . Do you have jepq ,jepi in a brokerage account? I want to start doing that as well but worried about taxes.

[@RenegadeBastard]

@@t.caskets9893 Yes, I hold all three funds in taxable brokerage account. SCHD returns as all qualified dividends for me. JEPI / JEPQ have some qualified dividends in their distributions, but also return as ordinary income for the most part. Not the most tax efficient investments, I’ll agree, but they aren’t as bad as others out there on the market, like XYLD / QYLD for example.

[@t.caskets9893]

@@RenegadeBastard What brokerage account do you use m1

[@danstevens64]

He likely has it in whats called a "non-tax advantaged brokerage account" which means two things, and these two things are a trade off. First, he will likely have to pay taxes on the dividends no matter his age. Second, it offers the advantage of having your dividends accessible as income at any age. With IRAs you generally have to be a certain age to start taking distributions. With a non tax advantaged account you don't. Summary, it's a trade off between taxation and waiting.

[@1DansBlues]

This was a super cool presentation....as it was sang...whisper words of wisdom....well spoken and presented....now who knew that the chicken would get escorted to cross the road....thanks for your knowledge and sharing it with the world...

[@DividendGrowthInvesting]

lol plot twist!!! Thanks for watching!!

[@charlesglass3506]

Great information Jake! Thanks for keeping it simple to manage and easy to follow.

[@DividendGrowthInvesting]

Glad you enjoyed it!

[@WW-34]

I really love this video!

[@DividendGrowthInvesting]

Thank you!!

[@MarioErnesto]

Hey Jake, your videos are always excellent. the only point of attention in the asset allocation strategies you always bring is the lack of global diversification. Having exposure only to the US is the so-called home country bias and historically at various times developed markets ex-us and emerging markets have brought better performances at the moments of US have issues, demonstrating the importance of not concentrating investments in a single country and economy.

[@DividendGrowthInvesting]

You are not wrong - however it’s important to remember that about 1/3 of the revenues from the companies in these ETFs are generated outside of the US. Take PG for example. It’s a US company but they generate a large percentage of their revenue outside of the US. By definition, I’m getting international exposure.

[@seandelaney1700]

Particularly when US is at very high evaluations.

[@yourportlandlifestyle2907]

I love the "please subscribe" at the end. That Indian guy trying to say it :) And thanks for sharing your lessons learned. BTW you could also get VYMI

[@northstar19571]

Thanks for the video! As always, you give us such good information and information. Much appreciated! You used to talk about JEPI when someone has a short time horizon, and in this video you advocate JEPQ. What is the difference between JEPI and JEPQ? Which is better and why? Thanks!

[@DividendGrowthInvesting]

JEPI and JEPQ following the same exact methodology. The only difference is the underlying index. JEPI is focused on the SP500 where JEPQ is focused on the NASDAQ. You could assume lower volatility and therefore lower income with JEPI and higher volatility and therefore higher income from JEPQ - due to the underlying index that they track.

[@aajjmmm]

Currently investing $1400 a week, hoping to be FIRE by 35. Got 11 years to go 💪

[@DividendGrowthInvesting]

Nice!!!

[@GordonA-Jr]

Does the amount you have in the account play a factor here? I guess what I’m asking is say you have about 10-15 yrs and only about $20,000 started in retirement would you still use the same ETF’s and percentages or is the timeline kind too late for these lower yielding ETF’s to accumulate ?

[@bender089]

Great selection ! So sad that most of these etfs, or similar ones, aren't availabe in germany :(

[@glennshoemake4200]

You can invest in VUSA.AMS and it's the Vanguard S&P 500 and it's in Euros. Dividends are lower but there is more capital appreciation because the lower dividend yield gets invested back into the fund.

[@DividendGrowthInvesting]

That sucks :( maybe there are others that follow a similar methodology

[@glennshoemake4200]

@@DividendGrowthInvesting ETF's are considered too risky in the EU and are only available for professional investors. The equivalent is UCIT'S which is what VUSA is

[@mystichero8084]

Thank you Jake for the great advice. What are you going to do when M1 spend checking closes?

[@DividendGrowthInvesting]

Im just goint to put the money in their high yield savings account and transfer it to my other checking account.

[@GordonA-Jr]

What about starting a bit late, say 50, does this work with hopefully 15 yrs timeline or isn’t that long enough?

[@gentillygirl545]

I would also like to some guidance on this front. I am in my 50s with a new Roth and dividend investing is for me. I have a 15 year time horizon.

[@danielputman6576]

In same boat

[@lizd.8655]

I'm going to pretend that little farmer is your baby boy! 😆😆😆

[@DividendGrowthInvesting]

lol one day

[@nadavebert2339]

Hey Jake! what is your opinion about total world market diversification as a DGI?

[@DividendGrowthInvesting]

Hey! Yeah that can work just fine. You can set it up based on how you’d like. Just remember that with SCHD/DGRO, the companies in these two funds generate about 1/3 of their revenues outside of the US so by definition you are getting international exposure.

[@harsharao3555]

Why JEPQ and not JEPI. Also why not DIVO which writes covered calls and also helps participate in bit of growth?

[@DividendGrowthInvesting]

I’d recommend not looking at the satellite positions as a rule but rather as guidelines.

[@UdieIspec]

is bti categorized as a qualified dividend? or is it taxed as an ordinary dividend?

[@DividendGrowthInvesting]

100% qualified dividend. There is a small adr fee but that’s not bad in my opinion.

[@Happ1971]

Im getting ready to retire next year.. March... If i invest 400k in SCHD and 400k in DGRO and want live off dividends... that would only produce around 24k a year dividends ... Did I do my math right? I have around 1.4 million... but need more than 24k a year to live without losing my capital. Any help would be greatly appreciated. Love your videos.

[@DividendGrowthInvesting]

In that case, I probably wouldn't put as much into DGRO. I would probably put more into SCHD and JEPQ for example. This will increase your current yield, but by also having DGRO, you will still have a good overall portfolio dividend growth rate. Just as an example: SCHD 40% DGRO 20% VYM 10% JEPQ 15% JEPI 15%

[@Happ1971]

I see... Thank you!

[@EntrepreneurInvestor]

put it all in TSLY

[@DividendGrowthInvesting]

lol

[@peterpanfloete]

Jake sounds like Devon Tracey 😅

[@DividendGrowthInvesting]

lol :D

[@NOT-FINANCIAL-ADVICE.]

Also your 0-5 year portfolio has the same yield as SCHD, but with 2x the exp. ratio.

[@DividendGrowthInvesting]

Yup. The Expense ratio is higher. This is just an example of how you could approach this. You would want to mold it so that it fits your goals and risk tolerance.

[@jessicatran1012]

Incredible value. New sub here and just found your videos tonight. I’ve been searching for someone to *show* it on screen of what to look for and not just say “stop chasing dividends”. Thank you for teaching it in a way that’s simple and easy to understand. Thank you for sharing DGRO and SCHD. It looks simple enough and I like that. I’ve been DCA-ing on FXAIX since reading a simple path to wealth and have been happy with that. I’ve been curious about learning more and so happen stumbled on dividend investing. After consuming hours of videos about it is when I stumbled on yours. Thank GOD! I like simple because I can get stuck in analysis paralysis when I have too many options. I look forward to watching the rest of your content and future vidoes. Thank you!

[@DividendGrowthInvesting]

Thank you so much for taking the time to write this! Glad it was helpful! I want to print this out and put it on my fridge!!

[@jacobdibert3026]

The question I keep running into is how much money is the average person investing starting off? I make about $50k annually so I can afford quite a bit but then I see videos saying "If you only invest $10,000..". At the same time I don't want to play it too safe and not invest enough.

[@charlielipthratt7291]

@jacobdibert3026 - the answer is it really depends on each person. If you have low expenses, cheap housing with roommates, no car payment, etc, you could be saving higher $$ amounts than the average. Which means, you can either retire earlier or just stop adding to retirement earlier than the average person. If you're job has a matching 401k, put enough money on to get all the match. Then fund your Roth each year while your salary is low enough to do that. Then continue adding to the 401k and find a brokerage account at the same. Set aside an emergency fund so you'll never have to touch the retirement funds. Encourage your significant other to save as much as they can too. If either of you become the stay at home spouse with the kids, continue investing for that person with a spouse IRA. Back to your original question, everyone is unique. If you prioritize saving when your young, you'll have many more options available to you when you're older. Happy investing!!

[@jeddesselle2611]

Nice Jake, I'm a big fan of DGRW myself. 👍

[@DividendGrowthInvesting]

I just wish the ER was a bit lower

[@nathanlanders9208]

With the 20 + yrs would you not want a growth etf like SPYG or SCHG to build more growth, and then rebalance it into a dividend etf?

[@DividendGrowthInvesting]

Yup!

[@richardm.441]

Hi Jake. Thank you for the video. I have learned a lot from you. I would prefer 50/50 with SCHD and VIG to keep costs low over the portfolios presented.

[@DividendGrowthInvesting]

Sweet and simple! Thanks for watching!!

[@stephenlupi4547]

I am retired...60 YO. 25% SCHD and DIVO. 10% each...MOAT, CGDV, JQUA, SPGP, DIVI. I do not need extra yield, but like Total Return

[@DividendGrowthInvesting]

Great ETFS!

[@michaelswami]

Jake, you are awesome. I look forward to all your videos.

[@DividendGrowthInvesting]

Thanks Michael!! I appreciate you saying that!

[@Mik_ed]

Enjoying the content I'm still pounding the 12 year roth ira jepi as the core and dtd and dgrw as the satellites maxing that bad boy out every year

[@DividendGrowthInvesting]

Going to be producing a ton of income when you retire!

[@stephenlupi4547]

Nice video. I would just replace DGRO w DGRW...please look at Total Return over 5 Years.

[@DividendGrowthInvesting]

DGRW has done so well!!

[@danielputman6576]

I love this guy

[@RicardoFerreira-qm7dz]

Hey Jake, the more I watch your videos the more I want to invest like you, and ver busy with my own construction business this approach is awesome and less stressful

[@DividendGrowthInvesting]

Hey!! So glad that its helpful! The older I get, the more I value the simple approach.

[@ebaboxing]

Moving closer to making some core positions as well. Still have a lot to filter.

[@DividendGrowthInvesting]

keep it simple!

[@lucauau]

Not even evaluating (on the satellite part of the portafolio) to invest in some international (ex US) dividend fund?

[@seandelaney1700]

US market is high, it's a good idea to participate in a broader spectrum.

[@DividendDiplomats]

Funds are an excellent way to do this Jake. It is funny how many different dividend focused ETFs there are these days. Look how easily you found a group of different funds. Really though, when it all boils down to it, each fund is filled with great dividend stocks :) Thanks for sharing and putting the video together. Always fun to watch and learn my friend -DD

[@DividendGrowthInvesting]

Appreciate you stopping by! Sometimes investing in dividend stocks and ETFs can feeling collecting pokemon cards.. you want to collect them all.

[@Millennial_Fox]

Hey Jake that’s a great refresh video on the core and satellite positions. It truly is the most simple path. I have the same core holdings but I also have VGT at 10% of my total portfolio that I would sell off and throw into JEPI or JEPQ when I’m ready to fully live off my portfolio.

[@DividendGrowthInvesting]

That is exactly how you do it!! VGT has done so well this year. I think the highs will be higher and the lows will be lower, but over time, VGT is the way to go in my opinion!

[@seandelaney1700]

I think you need to concentrate on growing when your further from retirement and focus on income later.

[@np4988]

Hi Jake, I am a foreign investor and am building my international ETFs up to $100k which includes SCHD, DGRO, JEPI & VHY (Australian Dividend ETF). The reason for only $100k is because we are heavily taxed when going over this limit which is 5% of the portfolio value between start and end of tax year. For dividends there will be additional tax at 33% (15% IRS, 18% locally) We have another portfolio for our "core" which is democilied in local currency as such is taxed differently. Currently, I have got 40% SCHD, 30% DGRO , 20% VHY, 10% JEPI allocation in my dividend portfolio. What do you think? Would love to hear your feedback. Thanks a ton and take care.

[@DividendGrowthInvesting]

Depends on your time horizon. Depending on when you plan to live off your dividends, you may want to consider holding off investing into covered call ETFs like JEPI and add them later. I talk about this toward the end of the video about why

[@np4988]

@@DividendGrowthInvesting I have 10-12 years.

[@303Estates]

I feel bad for you on that 5% tax on over $100K . Yikes!!

[@robespierrrecu949]

Thank you for this video. Very informative.❤

[@Gunieapower33]

Jake how quick does the transfer take place to get in your checking ? Love M1 but damn that transfer process is brutal . It glitches , has to ‘ settle ‘ . My only knock on M1.

[@DividendGrowthInvesting]

It takes a few days. I'm not the biggest fan of that but I've gotten used to it. I've used Capital Once Checking and it takes the same time as M1.

[@TJC-zz4zx]

Hi Jake, what does this portfolio kick off in income per year? What is your average portfolio % per year?

[@DividendGrowthInvesting]

My two portfolios (cash flow and real estate) have about a 5.5% yield on cost and generate about $50,000 a year in dividend income.

[@flavioespinal5156]

saw you got an account for your kid. i have a 5 year old and i will like her t live on dividens. any video on this? or advise how can i invest for her

[@DividendGrowthInvesting]

Id recommend checking out this video: kzbin.info/www/bejne/oHO4cpSFpNaYa6M We have since sold DIS. We just hold VGT, SPYG, and VTI for our son.

[@NOT-FINANCIAL-ADVICE.]

how much overlap in these funds.

[@DividendGrowthInvesting]

Around 25-30% with SCHD.

[@ghant.]

what are you thoughts on using HDV instead of DHS man?

[@DividendGrowthInvesting]

yeah that would be a fine alternative. DHS is just a suggestion.

[@girldaddividendinvestor]

Great stuff brother. Thanks for sharing this journey with us!

[@DividendGrowthInvesting]

Thanks for watching!!

[@lizd.8655]

PS Thank you for this info! I have a TRS which is matched at 8.25% but we can't choose our own funds. We get a little more flexibility with our Fidelity optional 403b but again, it's for a specific list of index funds. I'm thinking I'll need to roll over my retirement accounts to a personal IRA once I retire rather than get the monthly pension (for lack of a better word) payment. I'm guessing that the rollover IRA will consist of the last portfolio you presented 👍🏽

[@DividendGrowthInvesting]

I worked at a handfull of companies during my career. Once we reached barista FIRE, I converted them all into my Roth IRA.

[@lizd.8655]

@@DividendGrowthInvesting Could you please do a video on how to do that type of conversion? It's my understanding that I can rollover my retirement accounts once I retire to a traditional IRA then convert the standard deduction for that tax year to my Roth IRA without having to pay taxes. I'd keep doing that every year until all the funds have been converted. I'd love to see your take on this 😁💰💸

[@ElCidPhysics90]

Does M1, or can M1, automatically reinvest the dividends back into the etfs?

[@DividendGrowthInvesting]

It wouldn't be automatic, you would have to adjust the weighting allocation so that it invests into the stocks you want. I personally like the dynamic rebalancing.

[@ElCidPhysics90]

@@DividendGrowthInvesting thank you. Looks like a pretty nice platform

[@lucass.1295]

One question I have about long time horizons, why would you go after dividends rather than aggressive growth like semiconductor etfs or QQQm? Over 20-30 years total returns could potentially be huge compared to dividend ETF’s. Newer investor here with 25-30 year time horizon, trying to decide which way to go

[@DividendGrowthInvesting]

You could do either approach or a balanced approach of both. For a long-term time horizon, its best to focus on total returns. You can get great total returns with dividend growth ETFs. It comes down to the question, do you want to buy and hold and not have to sell when you retire, or do you want to buy something that you plan to sell. Think of it like real estate. You could buy a rental property and hold it for 30 years and hold it when you retire. Or you could buy a home with the intention of selling it when you retire to put the money somewhere else. There is no right or wrong answer (asumming you focus on total returns). Do what you are most comfortable with. I personally take a balanced approach where in my taxable accounts where I plan to live off the income before the age of 59.5, I have my dividend portfolio that I don't plan on selling. In my Roth IRA, I have mostly growth ETFs where I plan to sell them when I reach the age of 60+ to reposition them somewhere else. Many paths can lead to success.

[@stevethecheese]

You're absolute right, and I also have QQQ and SMH in my retirement portfolio for those potential gains. My timeline to ret is about 15 years right now.

[@piotrek4302]

@@stevethecheese you can switch from qqq to qqqm for lower expense ratio 0.2 vs. 0.15 ;)

[@TortoiseInvesting]

Awesome stuff man. I'm slowly committing more and more to a core / satellite approach. I got positions build up in a few strong stocks, have an amount I'm comfy with now, going to start building up my core position more (SCHD), aiming for a 60/40 setup, core to individual holdings.

[@DividendGrowthInvesting]

That’s great! I think the longer you invest, the more you realize that keeping it simple and focused is the best approach.

[@Thedonron12]

I keep mine simple, (SCHD, VOO, XLK) 50/30/20. Timeline is 15-20 years out.

[@DividendGrowthInvesting]

Nice!! You don’t have to stress over it and just dca regardless of what the market is doing

[@Thedonron12]

@@DividendGrowthInvesting Thank you! Exactly what I'm doing, I'm 33 net worth nearing half a million, no debt (minus mortgage), no kids, no wife making six figures investing 40% of my annual income every year.

[@DividendGrowthInvesting]

@@Thedonron12 aka living the dream! 🤷🏼‍♂️🤷🏼‍♂️🤷🏼‍♂️😀🤷🏼‍♂️🤷🏼‍♂️

[@Thedonron12]

Thanks man! Trying! Keep up the good videos!@@DividendGrowthInvesting

[@autobotdiva9268]

Dividends are the way to go! If only i can get my 21 year old to understand this

[@DividendGrowthInvesting]

Wish I would have started when I was 21!

[@seandelaney1700]

If he's investing that is the important thing, he has plenty of time to switch to income.

[@vitawater4259]

Would VEIPX be a good replacement for a CEF?

[@DividendGrowthInvesting]

I personally prefer other funds like SCHD/DGRO/VYM etc.

[@vitawater4259]

@@DividendGrowthInvesting I own a bunch of SCHD and VIG. The problem is that the yields on these are rather low. Granted, YOC makes up for the low starting yield over time, but my suggestion for VEIPX is that they have a nice history of large capital gains being distributed as opposed to return of capital paying out these large yields. I am looking at it from a cash flow standpoint. VEIPX has a trailing yield of 8% or so that was generated without ROC and without covered calls being generated. Thoughts?

[@stevenrivera2977]

Appreciate you Jake :)

[@DividendGrowthInvesting]

Thanks for watching!!!

[@erickisel8668]

@Dividend Growth Investing: I really like this approach and enjoy your content. My kids are 20, 18, & 15. My idea was to add VIGI for some international exposure. So it would wind up being SCHD/DGRO/VIGI/DGRW with ratio of 35/35/20/10. I would expect they would have 20+ year timeline. Thoughts on adding VIGI to the mix?

[@DividendGrowthInvesting]

VIGI can make a great satellite position if you want more direct exposure to international. Keep in mind that about 1/3 of the revenues from SCHD and DGRO come from international.

[@erickisel8668]

@@DividendGrowthInvesting thank you. I did not realize those ETF's were so internationally intensive. I do want a good chunk held internationally as I expect the dollar to weaken. Great info. Thanks again.

[@DividendGrowthInvesting]

@@erickisel8668 well the companies generate their revenues internationally. For example PG does a sideshow amount of business outside of the US but is based on the US

[@erickisel8668]

@@DividendGrowthInvesting Ah, I see what you are saying. Makes complete sense now. I am still torn about the growth aspect. I wonder if VTI and VUG or SCHG should be considered. So much to think about. Thank you.

[@peedtyke11]

Hi Jake is it your allocation percentage that you’d have done differently?

[@matthewszasz1895]

Love these types of videos!

[@DividendGrowthInvesting]

So glad to hear that!! Thanks for watching Matthew!

[@udaikeeran]

Thank you for the great information Jake. I am a UK investor and would be great if you can share your insights on ETFs for UK market. Thank you.

[@xristospexlivanis7703]

Hello sir your app to see your investments is M1? I leave in Europe and i dont have this app any suggestions about Europe? Any other app?

[@seandelaney1700]

I don't get the purpose in investing in mature dividend paying companies with little growth when far from retirement? If you are investing for the long term and can handle volatility why not invest in growth companies which would likely outperform where you would gain more or retire sooner? When retired you might decide the volatility is too much or want to live off dividend income at that point. Safer comes at a cost, if you can risk more you could gain more. Would dividends taxes affect you when at higher earnings/tax rate and be better deferred to retirement?

[@glowbofox19]

Thanks for the video Jake. What kind of account do you have in M1 finance ?

[@DividendGrowthInvesting]

Hey! I have a taxable brokerage account because I am living off the portfolio before the age of 59.5.

[@glowbofox19]

@@DividendGrowthInvesting thanks for the reaponse when you say taxable brokerage account is that a Roth or Roth IRA?

[@DividendGrowthInvesting]

@@glowbofox19 A taxable brokerage meaning taxable. I have a different account with my Roth IRA. I talk about my Roth IRA in this video: kzbin.info/www/bejne/a2PHkJqXo55ki6c

[@ethanshy280]

First

[@DividendGrowthInvesting]

Hey Ethan!

[@tokictover]

Is it or is it not beneficial to hold the same ETF's in a traditional IRA and a Roth? I hold 5 etf's in my traditional and 6 etf's in my Roth. (dgro, schd, voo, jepq, divo + vym in my roth) I'm pushing 50 yrs old and want to retire in 10-15 yrs.

[@DividendGrowthInvesting]

Hi there!! In that case you would want to max out your tax advantaged accounts (e.g. Roth, HSA etc.) first and once those are maxed out each year, you would then invest whats left in a taxable brokerage.

[@jdavis6650]

Jake, I'm assuming that math was not an integral part of you financial upbringing. If you are living off/ yielding 5% or $35,000 a year then you must be living in a very poor part of Mexico. Is running water part of your life? Does your wife support your position? I understand that you need to make money. Me too. But not by misleading people I've never met by way of KZbin.

[@DividendGrowthInvesting]

We are generating around 50K a year in dividends right now from our portfolios. We both work on the side to fill the gap in our income. That is why we call it barista fire.

[@DK-pr9ny]

SCHD has been awful this year..

[@DividendGrowthInvesting]

Great for those investing in it. Better to buy when its not over valued.

[@seanharrington4768]

Jake- I too just found this $DGRW and it looks awesome. Another Mid Cap fund I found that I love is $OMFL from Invesco / small dividend but great double digit performance for growth and my time horizon. Great video and its starting to cool of here in Dallas.

[@DividendGrowthInvesting]

I’ll have to check out OMFL. Only thing with Dgrw is the higher than average ER. Glad to hear you are getting a break from the heat in Dallas!!

[@miles13242]

​@DividendGrowthInvesting is DGRW a qualified dividend?

[@DividendGrowthInvesting]

@@miles13242 yup!

[@miles13242]

@DividendGrowthInvesting Good to know. Do you have any websites you use to find if ETFs pay a qualified dividend? Sometimes, it can be challenging to decipher. For instance after looking at their pages Cambria's $SYLD, I couldn't find the answer and for some reason Wisdomtree's $DGRW page shows distributions as ordinary income.

[@rimmyreddy788]

Love Dgrw and cowz for my dividend plays. Add vgt for growth and call it a decade

[@DividendGrowthInvesting]

Exactly!!!