Background im 18 years old been investing since I was 16 and got lucky investing at the crash when void happened in April. I bought a lot of oil stocks and the staple dividend stocks. My current portfolio yields about 2.39% or 109$ out of $4.5k invested I have positions is BP CVX and XOM. My question is do I move these oil stocks into an oil etf? I have similar returns compared to most of them. My goal really is to build this portfolio long term meaning holding until retirement.Hopefully compounding dividends and having a stable portfolio that sends income my way. Selling these positions and moving into etfs would obviously drop that dividend payout. But it also is less riskier and more likely to maintain value 30-40 years from now. Can anyone give some advice or two cents. Would greatly be appreciated.
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