re: Dividend stocks and DRIPs as a long term investment vehicle

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How do you feel about VIG or VYM? I've started to put some funds into these ETFs in lieu of investing entirely in the company stocks directly.

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FWIW, I put money into VYM and VPU for the purpose of having the option of an alternative revenue stream (they are in a taxable account).

The main arguement between VIG and VYM is that VIG will tend to do better in down markets, VYM better in bull markets.