Sunday, February 12, 2017

Week 6: Fidelity & Robinhood - Recent Buys (FUSEX & SDIV)

February 6 - February 12

My investment for week 6 of 2017 included FUSEX and SDIV.  The yield this week was 6.07% compared to 3.44% last week.  The yield is much higher this week because of SDIV which yields over 6%.  My goal is to get this position to 100 shares and I will reach this by reinvesting my dividends in my robinhood account into SDIV shares.  The amount of yearly dividends added ($42.21) is higher than last weeks $8.51 as I have invested more money and into a high yielding ETF.  This marks 58 consecutive weeks without paying commissions on my purchases! Slow and Steady. 



Total Invested - $695.28
Commissions Paid - $0.00
Current Streak - 58 weeks*
Yearly Dividends Added - $42.21
Yield - 6.07%

*Paid Commissions fees on selling motifs but not on a purchase in over a year!

Full Disclosure: Long SDIV, FUSEX, ALL HOLDINGS IN MY PORTFOLIO

What are your thoughts on SDIV?  Would you consider owning this ETF?  Why or why not?

I'm not an investment professional or a licensed financial advisor. This blog represents my personal views and decisions, which may not be appropriate for other investors. Please use common sense or consult with an investment professional before investing your money. I am not responsible for the outcomes of your decisions, nor am I responsible for the comments posted by readers or the contents of any linked websites. This blog should viewed for educational or entertainment purposes only.

2 comments:

  1. Not a big fan of SDIV, you are basically getting back Return of Capital and not a true dividend, looking back historically since inception, it has only averaged 4.2% returns, plus very expensive for ETF wise, almost 0.60% expense ratio. I would go with VYM or VIG. Why SDIV?

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    Replies
    1. Hi,

      You are right it is not a true dividend and it is not all qualified dividend. However, my goal is to build passive income and this helps even out large monthly changes in dividend income as it pays out monthly. It also has global exposure which my portfolio does not have a lot of. I will stop adding to this position once I reach 100 shares. I do love VYM and VIG.

      Thanks for your comment - always trying to learn!

      -TDM

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