Originally Posted by BuckeyeRed27
Sure, but DYV has 100 holdings of diversification. You have 3. If you bought 100 holdings at $10 a trade, you just paid $1,000. This fund actually has an expense ration of .4% so it would be less than that. You also have to rebalance now and then and make new purchases if you are buying each month like you are, so by my math you probably come out ahead.
I like to "subscribe" to what I call a core and explore philosphy. No matter what you think the market isn't set up for the average guy to win, but I do agree that researching and buying some stocks is fun and can help portfolio performance if done properly. I like to take about 20-25% of my funds (my explore) and do something like what you are doing and then I put the rest (my core) into longer term professionally managed investments like ETFs or funds. I feel it allows for greater portfolio diversification, better long term performance and doesn't punish me as badly if my picks were wrong.
. First of all my commissions are $5.00 not $10, so it's half of what you estimated and the 4% is every year on all of your assets, and my $5 is only on new transactions. So even if bought every month it would be $60.
I believe with a Dividend Growth Philosophy the market IS built for an average guy to win.
So, we'll agree to disagree....respectfully....