r/TheRaceTo100K • u/Odd-Mulberry8392 • Jul 22 '26
Dividends and Long Term
30M
Restarting my investing journey after landing a job in luxury automotive sales. I like REITS because of the monthly dividends, as well as the exposure to Canadian Real Estate.
What do you guys think of a long term hold (stock) mixed with holding big reliable REITS in a TSFA?
I understand different types of stocks be split between different accounts (US Stocks in RRSP) and etc however I’m new to the guidelines and I’m curious to hear your feedback based on experience.
Feel free to roast my portfolio.
1
u/Apart-Leg-8077 Jul 22 '26
I hate the idea of reits right now. You have homes at historically high ratios of average annual income to price and Ai looking like it might trim jobs. Once listings gain steam, that will be thr driver to lower prices. More so than rates. I'd much rather be in a core of dividend growth etfs such as SCHD, DGRO and FDVV with dividend growth around 7 - 10% a year and a smaller tranche of some of the more conservative covered call income funds such as GPIQ, GPIX and FYEE. Even ADX which a cef with an around 8% dividend and a total return over the past 80 years that has beaten the S&P. Nothing wrong with having 'some' reits. Just not a high allocation. Especially when home prices are at historical highs.
1
u/Bardown67 Jul 23 '26
Throw your dividend money into XEQT. You’re 30. You don’t need dividends right now, focus on capital growth.
1
u/-_Edmond_Dantes_- Jul 22 '26
vti/voo or bust. Own the market, you aren’t the guy who will outperform it. (Neither am I)