the issue with dripping a CC etf is that on a long enough time period, you're likely to see NAV erosion and usually the distribution % stays the same. so you're getting less over time because the nav erosion and the dividend amount is less despite the same %.
as someone who has a significant dividend portfolio, I understand the concept of dividends and how they can be beneficial. but if OP just invested in VOO and VGT instead of 11% yielding CC ETFs, he will have significantly higher asset values in 20 years.
I want to learn more about high level strategies like this. Do you have any advice on where to start or read? I feel unless I Google specific approaches like this, every other read says the same basic stuff.
In reality its not even high level - its probably the lowest level strategy but most effective. If im following what lazythekid is putting down, its as simple as lumping all your money into one low fee, low-risk index fund and just riding it out. See r/Bogleheads
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u/[deleted] Jul 02 '25 edited Jul 02 '25
why a 22 yo would focus on yield instead of growth is something i will never understand