I am a long time investor, but I have never held a specific dividend position. Most of my investments are in long term ETF's like SPYM and FTEC, coupled with some single stocks. I was told years ago to hold off on picking a dividend ETF because I should focus on growth first. I am still 15 years away from retirement at age 65.
I am familiar with dividend ETF's, but I am trying to understand the rationale behind why certain ones are picked. Obviously SCHD is a very popular choice for its low fee, solid history, etc., but then I see ones like GPIQ or QQQI that have much higher yields with no decay. This brings up some questions:
1. Are there certain tax advantages in retirement that one has over the others?
2. Should I still focus on growth and then switch to a dividend ETF later, or is it better to invest in one now?
3. Can GPIQ continue its share price growth AND its dividend payout?
4. What exactly is Return on Capital?
Thanks in advance!