In another thread James stated the following:
"That's pretty similar to my 5 pack approach. I pick the largest XIU constituents and form an equal sector weight portfolio of: financials, utilities, industrials, energy, telecom. Currently this is RY, FTS, CNR, ENB, BCE. This portfolio has 3.7% dividend yield.
I decided on this construction due to the strong total returns, but it happens to also pay out a lot in dividends. In my case I reinvest all dividends (not DRIP, but redeploy periodically) so the dividends don't mean anything special to me."
canew90 replied: "They may not mean much to you, but look at the growth of the dividends with just those stocks mentioned, all star holdings in five sectors. IMO if one held nothing else they'd be fine."
So if someone put 100K in RY, 100K in FTS, 100K in CNR, 100K in ENB, and 100K in BCE -- then this strategy, sans an apocalyptic event, would be just fine? Really?
"That's pretty similar to my 5 pack approach. I pick the largest XIU constituents and form an equal sector weight portfolio of: financials, utilities, industrials, energy, telecom. Currently this is RY, FTS, CNR, ENB, BCE. This portfolio has 3.7% dividend yield.
I decided on this construction due to the strong total returns, but it happens to also pay out a lot in dividends. In my case I reinvest all dividends (not DRIP, but redeploy periodically) so the dividends don't mean anything special to me."
canew90 replied: "They may not mean much to you, but look at the growth of the dividends with just those stocks mentioned, all star holdings in five sectors. IMO if one held nothing else they'd be fine."
So if someone put 100K in RY, 100K in FTS, 100K in CNR, 100K in ENB, and 100K in BCE -- then this strategy, sans an apocalyptic event, would be just fine? Really?