Profilbild
Dont chase yield. Go for stable yield and growth of yield, also go for ETFs. Dividends will cripple your returns and tax burden will be high.
5
Profilbild
@Anditisgone thank you! Any stocks in particular you recommend? Top 3 best ones to buy right now?
Profilbild
@moneyprincess what is your goal? Yield income, wealth preservation or growth?
Profilbild
@Anditisgone specifically, growth from yield income
Profilbild
@moneyprincess don’t chase yield or dividend for that matter. Go for something like VUAA. Set it and forget it.
1
Profilbild
@Anditisgone I already have VUAA stock. I am looking specifically for high paying dividend stocks that pay dividends quarterly or annually 😊
1
Profilbild
@moneyprincess you will pay taxes, and you will get less returns. $BATS is a good stock for example. You can look at dividend aristocrats, but like I said anything with a high yield isn’t that good. Especially if there is no growth in price and they have a high payout ratio and/or bad balance sheet. You can do a portfolio backtest of $VZ and compare it to a stock with a mediocre “yield”.