I'll be completly honest to start. I am a beginner in investing but have been lurking in this sub plus videos. I am finally going to recieve my backpay from the VA and will have enough money to start investing even after purchasing a small country property and still have money left over as a 1yr+ "emergency fund". I will still be working full time, so my plan is to have the dividend/stocks set up from a high yield bank account(Wealthfront) where the emergency fund will be kept. This way the dividends will be deposited there. From my time lurking here I have found a list of 10 that I am looking at and have set a watch list on stock analysis site(not sure if i can add the website or if this is a good tool) but i have been using it to track the trends and growth of each one. My current watch list for dividends are ET, XDTE, PFFA, DIVO, JEPQ, ENB, JEPI, MO, MAIN, HESM. After a year my plan is to check the growth and either buy more shares of each or drop some to replace with others. Each one my plan is to put in 10k into to start with. Ill also be buying other stocks alongside these dividends to go along with my 401k.
Would this be a good strategy, eventually looking to retire in 20 years?
Is there any of these that i should swap out for a different one?
Should I wait longer than 1 year to possibly swap out any low performers?
Any other pointers would also be appreciated. Thank you for reading my ramblings!