FiveDriver
Full time employment: Posting here.
I was just pondering this question -- Is there a typical best day of the month to DCA into an ETF such as SPY, or maybe IWM ??
We don't really need my RMD at this point. I want to roll it into my taxable account with these ETFs. I thought I read about some research into the typical best day of the month to RMD. First of the month ? Ex-Dividend Date ?
For instance, SPY pays a quarterly dividend. The ex-divi date is 9-15 as an example. Is it better to DCA on the 15th of every month ??
IWM shows the quarterly ex-divi date of the 26th.
Just wondering.
We don't really need my RMD at this point. I want to roll it into my taxable account with these ETFs. I thought I read about some research into the typical best day of the month to RMD. First of the month ? Ex-Dividend Date ?
For instance, SPY pays a quarterly dividend. The ex-divi date is 9-15 as an example. Is it better to DCA on the 15th of every month ??
IWM shows the quarterly ex-divi date of the 26th.
Just wondering.