7 ETFs To Complete My Monthly Core Dividend Portfolio

In a recent Seeking Alpha article I laid out 20 top stocks, derived from a review of the top holdings of some world-class dividend ETFs, with which to build a dividend-focused portfolio. An additional core tenet of the design and selection criteria was that the portfolio should yield dividends every month. In addition to the 20 "base" stocks I suggested, I offered two bonus stocks for investors to consider, and wrapped it all up by revealing that I had incorporated all 22 suggested stocks into a significant revamp of my personal portfolio. In other words, that I had "put my money where my mouth is."
In true ETF Monkey fashion, however, I concluded that article with a reminder that these 22 stocks, though comprised of some of the finest companies in America, did not by themselves constitute a truly diversified portfolio. I suggested that investors would do well to consider adding some ETFs to bring that needed diversification. And that, dear readers, brings us to this article, designed to be a complementary piece to that original article.
Building A Truly Diversified Portfolio In this section, let's begin with a brief discussion of the asset classes we will add to the portfolio, in each case including some comments on the strategy and thought process.
Domestic Stocks - Here is where we will start. The 22 stocks I selected in the original article come from 8 different sectors. That was done very deliberately to introduce a measure of diversity and... Read more