With growth stocks all the rage, now could be the time to add some dividend-focused ETFs.
The market keeps grinding higher with growth stocks leading the way. This has led to even the vaunted S&P 500 becoming very heavily concentrated at the top with megacap tech stocks. With valuations looking high and market leadership concentrated in a handful of powerful tech names, now may be a good time to start dollar-cost averaging into some dividend-oriented exchange-traded funds (ETFs) to add a little more diversity to your portfolio.
For millennials, who were born between 1981 and 1996 and are now roughly in their 30s and early 40s, reinvesting dividends today can compound into meaningful wealth decades from now. But whether you are still building wealth or starting to look for a way t