Hi Everyone, I think I finalized my growth & income portfolio and I'm interested to hear what you all think. I have a 50/50 split but with a caveat. On the growth side I have VTI, VT, & SCHG. On the dividend side I have QYLD, SCHD, and DIVO. Both SCHD and DIVO are a mix of growth and dividends. So really the split is more like 65% growth and 35% high yield dividends with QYLD.
I know the consensus is to focus on growth until retirement but I want to have the dividends as supplemental income along the way, not just for retirement. I backtested this portfolio and it was able to track back to Jan 2017. The account balance doubled in 4.5yrs and I'm happy with that. I also compared it to a portfolio of 100% VTI and the VTI portfolio only had an extra 3% growth in 4.5yrs.
The portfolio has an overall dividend yield of 5% using the allocations below.
| Symbol | Allocation | Description |
|---|---|---|
| VTI | 10% | Total Market US |
| VT | 10% | Global Market |
| SCHG | 30% | US Large Cap Growth |
| QYLD | 35% | High Dividend Yield |
| SCHD | 10% | Dividend + Growth |
| DIVO | 5% | Dividend + Growth |
Submitted August 28, 2021 at 12:11AM by mike_oc23 https://ift.tt/3yk8hCZ
