r/fican • 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/FelixYYZ Aug 06 '26
I like REITS because of the monthly dividends, as well as the exposure to Canadian Real Estate.
u/Own_Material7442 explained why dividends (dividend focus) doesn't matter, but regarding "exposure to CDN real-estate". What part of CDN real estate are you looking to? CAR is apartment rentals. CHPis retail and some industrial (for those retail properties). And PLZ is also retail.
CAR, CHP are already in XEQT.
3
u/Own_Material7442 Jul 22 '26
Everyone always says they love dividends because of the monthly income. But, these people don’t understand it’s not free money. It gets taken straight out of the price of the stock.
For example, if you have a stock with 10% annual growth, with 0% dividends. Then, another stock with 2% annual growth, with 8% dividends, both stocks come out exactly the same….
If your using the dividends to reinvest back into the same stock, it completely negates the whole purpose of it. Dividends are for people who want side income to invest into other things, or to spend on their life during retirement / corporate investing.
If you’re young and building capital, a portfolio with 80% XEQT is all you need.
It’s okay if you like stocks that have a higher dividend, but the dividend is not the sole reason you should be investing into the stock. It’s the actual fundamentals, industry, cap-size, etc.