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What are things to look out for when creating a dividend income portfolio?

So, to start of, I have 2 accounts within Fidelity. A 401k with the majority of it in a T Rowe Price Fund and a Taxable account with majority in ETFs. I'm thinking of making my Taxable account like this. My biggest hurdles right now are staying diversified while looking for investment vehicles to accomplish this.

I know there are funds that pay then out monthly. With all this being said, is it possible to have some sort of side money/income with a dividend portfolio, or is something like this totally unsustainable and foolish to do?



Submitted February 06, 2017 at 02:16PM by MoneyYear2017 http://ift.tt/2lclz3q

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