Without more information it’s hard to know your motives, but I wouldn’t consider this part of the typical chooseFi philosophy and I think it’s flawed in a couple ways.
What gives you hope that you (or anyone else) can pick individual stocks with any level of success when well over 80%+ active money managers can’t even do it with any consistent success compared to matching or beating the index they are benchmarking against?
Also, what is making you gravitate toward dividend returns instead of total return? Dividends are no better than selling some of your shares (in many cases it’s worse actually).
If you own 100 shares of stock worth $10 each ($1,000 total) and it has a dividend of $2 per share, then as soon as that dividend is paid out, you now own 100 shares of stock for $8 each ($800 total) and you now have this taxable $200 dividend.
That’s no different from selling 20 shares of a different stock that is worth the same $10 per share that didn’t pay a dividend and thus stayed at the $10 per share.
Do you think the company that isn’t reinvesting their profits back into the company has a better or worse chance of growing in the future versus one that is reinvesting it into their own company to expand and grow?
