u/Independent-Chef-169

$BNS - 20% (big bank with biggest dividend payout/history)

$CNR - 20% (growth because I’m still young and can compound)

$XDIV - 10% (Canada Div etfs diversified with less banks)

$VDY - 10% (Canada Div with heavy bank holdings)

$XDU - 20% (U.S dividends to diversify in other countries)

$XEQT - 20% (for capital growth and diversification into the whole world while giving a small yield)

What are your guys thoughts on this portfolio?

Was debating maybe doing

30% CNR and 30% BNS instead

Edit: should I swap VDY with XDG?

Hi guys, looking to make a dividend portfolio were it can be pretty much set and forget. Lower yields (2-5%ish) with safe and slow stock price appreciation.

I know there is a dividend ETF, but I’m hesitant to buy as the big banks are lifting all that up and could crash down when banks slow down (unless someone knows something I don’t, please make the case in the comments),

Right now I have two I’m thinking of buying

$CNR

$BNS

I’m also hesitant on $ENB just cause I’m a bigger believer in renewable energies and keep in mind I want this portfolio to be set and forget for 30+ years until I retire

Also note: I know that I should be investing in companies and taking bigger risks at my age, but honestly I’m done with investing. The last 6 years since I turned 18 I’ve been trading and obsessed with the stock market, turning 20k into 300k. I just want to set and forget and have some cash flow I can spend without buying and selling/managing stocks

Thank you all!!!!!