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Large Cap/All Cap dividend investing, need input

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  • @Crash I think you may be correct... Bonds may just be poison. I'm looking at my FUAMX , FXNAX , FNBGX and wondering what the future holds. I don't like making changes either but what does the next 2-3 years mean for bonds? It seems like foul weather ahead.
  • @Crash I think you may be correct... Bonds may just be poison. I'm looking at my FUAMX , FXNAX , FNBGX and wondering what the future holds. I don't like making changes either but what does the next 2-3 years mean for bonds? It seems like foul weather ahead.

    I'm still 55% bonds, in retirement, and wanting to reduce risk and volatility. Though I'm still re-investing the monthly dividends, I'm glad to see that income show up at the end of each month. (Though my PTIAX pays in the middle of the month, after someone thought it would be a better idea.) 38% stocks is about enough for me. The Fund Managers of the funds in my portfolio together have me holding 8% in cash. I'm giddy to see days like today, even though I know I'm missing a chunk of the profits by holding all those bonds. The ballast feels comfortable when the Market drops, the way it did, last week. ..... So..... I'm sure you'll think this through to do the best thing in your own situation.

    I'm happy with my bond funds: PTIAX, PRSNX, RPSIX. I think I'd steer clear of anything specifically devoted to long term bonds right now. (FNBGX.) Those are all Fidelity funds. Maybe you're semi-married to Fidelity? The same way I'm rather married to TRP? I'm in my holdings DIRECTLY with the fund family, not using a brokerage. If you use a brokerage, that would make spreading out your stuff a lot easier than in my case.

    Anyhow, if you've got some years to go, wanting to grow rather than preserve, I'd create a meaningful position in small-caps. Just don't bet the farm. I own PRDSX and it's great. @TheShadow pointed out to me that it is open to new investors. I was mistaken.

    FOCSX (A Fidelity fund.) HASGX (Harbor, $50k minimum to get in.)
    Also, global: HGGIX (Harbor, again.) PRGSX (TRP Global.)
    ...Or a million others you might prefer. Zero interest rates and a big investment in bonds will not serve you well if you still have several years to go.
  • edited January 2021
    There is also a (partially transparent) TRPrice ETF that is equivalent (more or less) to PRDGX (mentioned by Crash, above). The ETF symbol is TDVG. Link below.

    https://www.troweprice.com/financial-intermediary/us/en/investments/etfs/dividend-growth-etf.html
  • PRDSX open at Fidelity, closed at Schwab.
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