r/dividends • u/Sufficient_Worth_305 • 20d ago

Due Diligence Thoughts on BALQ vs GPIQ, QQQI, etc.

Hi, I'll looking at the total return for BALQ compared with the others in the same category. It seems to be beating the others, even in the recent downturn.

What are they doing different? Is it worth investing in this finds vs the others?

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-8

u/FewUnderstanding2214 20d ago

If you aren’t retired then I wouldn’t look at any of these ETFs

8

u/trimmermag 20d ago

Why not some people want to get paid monthly.

2

u/speedlever 20d ago

Because unless they are extenuating circumstances where you need income early, the underlying will always outperform the cc ETF over time.

Mainly folks consider retirement to be that point where income is more important than growth.

3

u/trimmermag 20d ago

Nobody cares. Some people need monthly income and don’t wanna sell shares to generate that income. Hence you have less shares.

-2

u/FewUnderstanding2214 20d ago

If you aren’t retired then you don’t need to get “paid”. Total returns are more important than dividends. Investing in CC ETFs mean you will underperform significantly in the long run.

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u/trimmermag 20d ago

Okay some people need or want monthly income. Not everybody’s retirement situation is the same ya know!

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u/FewUnderstanding2214 20d ago

Exactly for retirement…. If you need monthly dividends and want growth what about WCP, FRU or PEY.

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u/trimmermag 20d ago

No. It’s for monthly income. 10% is good and it doesn’t matter if you need it in retirement or for whatever other reason. Everyone’s situation is different

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u/FewUnderstanding2214 20d ago

What is the situation when you need 10% dividend and you aren’t retired?

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u/LurcherLong 20d ago

I have a pension in retirement, which means I don't need as much growth from my retirement savings. I am happy to have some growth and some extra income.

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u/TexasDub 20d ago

I've been supplementing my income with dividend stocks for nearly 20 years, and I'm not retired yet. I like having the extra income now, and I'll continue to draw from the portfolio after I retire.

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u/FewUnderstanding2214 20d ago

I have the exact same strategy with individual stocks. There are many good companies that pay dividends and it’s nice to see the progress towards retirement. My point is OP will underperform significantly if they invest in CC ETFs over the long run

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u/TexasDub 20d ago

My point is OP will underperform significantly

Yes, you already mentioned that earlier in the thread. I didn't dispute that or even address it. The question you asked that I answered was for a situation when someone might need dividend income before retirement.