"For the most part, high-yield dividend ETFs invested into a DRIP plan have become a popular trend of late among individual investors. Although SCHD, YMAX and ULTY are all dividend-based stocks, dividend-free GRNY has turned a lot of heads with its unusual stock selection process and superlative returns. From a wealth building perspective, GRNY is a nice portfolio complement to a ULTY, YMAX or SCHD since it makes up for the lack of income with superior capital appreciation."
"In recent years, the subject of portfolio growth has taken on a much larger level of importance with younger Millennials to Gen-Z. Some of this attention is the result of the FIRE (Financial Independence Retire Early) ethos, a mindset that espouses a hard work ethic, spending thrift, and aggressive investing. Within the FIRE movement and other DIY investor communities, the methods for attaining that nest egg can vary, depending upon one's individual risk tolerance, investment style preferences, and employment situation."
High-yield dividend ETFs invested into DRIP plans have become a popular trend among individual investors. SCHD, YMAX, and ULTY are dividend-based ETFs that attract income-focused investors. Dividend-free GRNY uses an unusual stock selection process and has produced superlative returns, emphasizing capital appreciation over income. GRNY complements income ETFs by offsetting income shortfalls with superior growth. Younger Millennials and Gen-Z increasingly prioritize portfolio growth, influenced by the FIRE ethos that promotes aggressive saving and investing to retire early. Methods for building a nest egg vary according to risk tolerance, investment style, and employment circumstances. Index-tracking ETFs like the S&P 500 and NASDAQ-100 remain widely popular.
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