mgjk88
01-19

$Schwab US Dividend Equity ETF(SCHD)$  

Day 2: Sometimes people ask me why do I invest in US dividend ETFs/companies when I have to pay a 30% tax. It is because it is something I'm willing to pay in order to receive dividends from these high quality companies (that usually have international sales). 

Buying an accumulation fund would defeat the purpose of my goal of living off the dividend payments. 

Buying and selling growth stocks/ETFs would probably yield higher returns but I wouldn't want to be in a position where I have to sell when the market is down, having peace of mind that dividend payments would most likely continue to be paid out despite of market conditions make me feel more confident in my dividend income. [Happy]  

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Comments

  • GregoryRichardson
    01-25
    GregoryRichardson
    Absolutely agree! Dividends provide stability and peace of mind. [Agreed]
  • TimothyBarnes
    01-25
    TimothyBarnes
    You're so passionate! 🙌🔥
  • Omega88
    01-22
    Omega88
    nice
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