Hi all, so I'm looking to move my cash paying stocks Into dividend stocks. My portfolio is fairly balanced with my largest portion in efts.
I'm looking at moving my S&P 500 stocks from cash to dividend paying.
The stocks I found for dividend paying are much larger to purchase. So I could purchase 10 or so. Now if they pay dividends, does that mean the stock goes up in value? Rather than paying say 1 or a portion of a stock.
As you can't buy a portion of a stock, does this mean I'd need a much larger portfolio to start with these? Or can they pay a portion?
Probably a simple question, but all advice I've found simply it's pays dividends back into the fund.
I started back in 2020 slowly dip feeding my account with payments.
I'm mortgage free in 7 years. And want to get a headstand, before I up my payments after my house is secure. Aiming for 20-30 years, post mortgage.
So long term, I would rather be in the dividend side.
Thanks!
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