IFB190: High Yield ETF, Selling Disney, Finance As An Engineer

Welcome to the Investing for Beginners podcast. In today’s show we discuss: * The benefits and drawbacks to high-yield ETFs* Buying or selling Disney after an interesting year* Getting started in finance with different backgrounds For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Stitcher | Tunein Transcript Announcer (00:02): I love this podcast because it crushes your dreams and getting rich quick. They actually got me into reading stats for anything you’re tuned in to the Investing for Beginners podcast led by Andrew Sather and Dave Ahern with step-by-step premium investing guidance for beginners. Your path to financial freedom starts now. Dave (00:32): All right, folks. Welcome to Investing for Beginners podcast. Tonight. We have episode 190 tonight. Andrew and I will read some great listener questions and do our little give and take and answer those for you guys on the air. So I’m going to go ahead and read to the first question I have. This is from Eric says hi, Andrew, Dave, first and foremost. Thank you both so much for this podcast. Since July last year, I have been avidly listening, and I’ve learned so much from you both. I now have my Roth IRA with my dividend stock stripping, and we’ll have the growth I’m seeing. They came across an ETF that targets value stocks with high dividend yields in the S and P 500 SPDV is the ticker, while there was no option to reinvest the dividends into the ETF. And I instead have taken the payouts as cash in my Roth. Dave (01:20): It looks like it could provide additional tax-free cashflow without counting towards the annual contribution cap. But the question is, should I try and build up several shares of the ETF and my RA to achieve a decent monthly cashflow to then buy more of my handpick dividend stocks each month for free air quotes? Or would it be better to invest in the dividend stocks, to begin with? I’m not sure what the trade-off here is and would appreciate any thoughts you guys might have. Thank you in advance, Eric. Andrew, what are your questions? Eric’s great question. New Speaker (