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Originally Posted by GregWeld
Don ---
As you know -- this isn't the stock pickers thread... but having said that -- I'd be real curious (not that you have to defend yourself) why you choose this particular ETF.
Is it inside an IRA? Or is it in a taxable account?
So -- the reason I ask this -- is that we use these names that people throw in as learning tools... discuss them - dissect them - and see what makes them tick and what the thought process is. That way others can glean some things to think about.
I know what I think of this pick -- but I'm interested in why you chose it.
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Hi Greg. Well I picked it for a number or reasons. My stock picks to date have been pretty good but I also picked a couple of turkeys. I got to thinking maybe there was an ETF that focused on stocks that pay decent dividends. I noticed that this one had a lot of the names that I had considered as good picks. So I bought some in the interest of science and hopefully finding a way to pick up a reasonably decent dividend while reducing risk through the diversification of this fund.
Greg, I put this out there knowing that you would likely dissect it. I am interested to hear what you say and respect your opinion. I am pretty sure you will not particularly like it but I am curious to hear why. Is it because the dividend is too low, the growth too low or because there is some percentage of turkeys in there too? Or all of the above?
I do not have a significant position in this. I have a little in my Schwab account and a little in my 401k. I bought it to serve as a benchmark of sorts so that I could gauge my stock picking performance against it.
OK, I am ready, let's hear what you have to say...
Don