RE:RE:dividend stocksHello Sarge, hope you are well, we haven't spoken in a while.
It's hard to believe that VDY has a 19.54% increase since 2018 vs the average of your portfolio which is just 2.8%. VDY is a high dividend Canadian fund; I know that both you and I are dividend investors, as are many others; our portfolios are of necessity very similar to VDY. There is, after all, only a limited choice of higher dividend blue chip stocks available in Canada. Perhaps VDY includes dividends in their calculations while the individual stocks do not?
I'm somewhat frustrated with the lack of performance in our Canadian markets, especially when considering what's happened with the S&P 500 in the US. Depending on the size of a portfolio, some could be content with dividend income only, but most still cannot ignore the returns provided by a mix of dividend and growth income. We in Canada have higher dividend rates than in the US, but they have growth, which for us can often seem non-existent in Canada. Had I the opportunity to do it again, I'd have invested 40% of my monies in a simple S&P 500 ETF; that and VDY could provide the best of both worlds. As it is, I can't see going into the S&P when every day it seems to be reaching new heights; I'll wait for a correction.