Whoops....while I was writing this post below, I see that
clifp had written pretty much (and more) of what was on my mind:
So, here goes anyway...
It should be pointed out that Dividend Investors are not really the same group of those people who own Indexed Dividend Funds. Dividend Investors buy individual stocks. So, I'm not sure that comparing Dividend Index funds to Dividend Investors works well or can work at all.
I also wonder if the Individual Investor has an advantage in this style of investing. Let's just say in the very unlikely and unrealistic event that Coke goes down 4 points in one day--many, many Dividend Investors would immediately pounce on it. I'm not sure how or if DVY would respond to such an "opportunity." Individual Investors such as the ones on Seeking Alpha tend to wait around (sometimes for years) for "stocks to go on sale." I don't think they ever buy a stock at its high. I don't know if that's true for DVY.
clifp had written pretty much (and more) of what was on my mind:
So, here goes anyway...
It should be pointed out that Dividend Investors are not really the same group of those people who own Indexed Dividend Funds. Dividend Investors buy individual stocks. So, I'm not sure that comparing Dividend Index funds to Dividend Investors works well or can work at all.
I also wonder if the Individual Investor has an advantage in this style of investing. Let's just say in the very unlikely and unrealistic event that Coke goes down 4 points in one day--many, many Dividend Investors would immediately pounce on it. I'm not sure how or if DVY would respond to such an "opportunity." Individual Investors such as the ones on Seeking Alpha tend to wait around (sometimes for years) for "stocks to go on sale." I don't think they ever buy a stock at its high. I don't know if that's true for DVY.