I’m am suuuuper hands off when it comes to investing so I use betterment to keep it simple.
That said I’ve always felt intrigued by the idea of dividend investing and found it odd that there are no (as far as I have found) robo dividend investors. Am I missing something out there, or is this strategy reserved for the non-lazy individual stock investors?
I don’t know if there is a simple way to pick good dividend stocks… Indexing is much more handoff, in nature, and much more diversified.
You could buy a dividend stock mutual fund or index fund.
Alternatively, Motif has some Dividend options.
Individual stock could potentially be higher return, but you’re also more concentrated in fewer individual companies.
There are a number of Dividend focused ETFs so not sure why a Robo Advisor wouldn’t use one. But maybe Robo Advisors just prefer the whole market ETFs. I do my own. I have ETFs and some individual stocks.
There are numerous people on both sides of the issue so if you do some additional reading, you may or may not find additional clarity.