"So far I have collected €9,000 in dividends and reinvested every cent of it"
With this strategy, you would be better off with accumulators, because you pay tax on every dividend, which significantly reduces your growth.
I have over 15,000 gross dividends per year and I'm also a dividend lover, but I consume them because I use them to buy myself time to live part-time.
With this strategy, you would be better off with accumulators, because you pay tax on every dividend, which significantly reduces your growth.
I have over 15,000 gross dividends per year and I'm also a dividend lover, but I consume them because I use them to buy myself time to live part-time.
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@TopperHarley Of course, accumulating ETFs offer a tax deferral advantage. But my dividends are also treated fairly via the DBA and I reinvest consistently. In return, I have more flexibility and real cash flow. In the end, it's the long-term effect that counts. ETFs simply don't appeal to me either
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