Should I invest in high dividend ETFs or individual stocks?

Depending on how much you are willing to invest and what your goals are, the best way to manage this conundrum would be a strategy of one ETF and two individual stocks (as long as they do not overlap).

For example, if I am starting out and looking to build a portfolio, here is what I would do:

Schwab U.S. Broad Market ETF (SCHB)

• 06/21: $102.79
• Yield: 1.4%
• Top Holdings: Apple, Microsoft, Amazon, Facebook, and Alphabet

The Kraft Heinz Company (KHC)

• 06/21: $40.83
• Yield: 3.93%

Suncor Energy (SU)

• 06/21: $24.49
• Yield: 2.85%

You would be swimming in handsome dividend payments every three months. If you are interested in monthly dividends, there are other ETFs, REITs, and individual stocks that pay out at the end of the month (Pembina Pipeline, for example).