Has anyone here built a dividend portfolio in a taxable account?
If so, how have you done it? Individual stocks? ETFs? MF?
If you had to give advice to someone which has a 401/Roth and has a moderate amount to invest, and wants a reasonable income stream from dividends, what would you suggest?
Details- age 34, have 140k saved already in tax advantaged accounts. Most indications are that the 140k currently saved will be enough around age 65.
The next step is to build up savings in taxable accounts which can be used for ER.
I have around $600-1200/year I can invest... this is not money every month, it is money which would be available only in Nov/Dec after we had a "good year" where no emergencies happened and emergency fund did not need to be "replaced".
25% of income tax returns would also be used to supplement this $1200.
My initial idea was to buy $120 of 10 DOW stocks (using small dogs strategy), until portfolio was around 10k, then after this diversify into some REIT/mid/small cap issues which pay a dividend.
mortgage is 30 yr fixed in yr 1, 5.75% with a second in yr 1 at 7.41%.
thought is 600/yr to investments yr 1-15, 1200 to pay off 2nd mortgage
next thought is 1800/yr to invesments yr 16-30 to investments.
if we move it's because someone took me out of house horizontal (gourney or stretcher). 
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