Ok. I know the difference between stocks and bonds and total return vs dividend investing.
I see the low low yields on fixed income and I have an extremely low stock allocation anyway.
My question is what is the negative about buying a quality dividend etf like SCHD or fund VEIPX in taxable and just taking the dividends for income. We are in the 12 pct bracket so no taxes on the dividends.
Also very happy to keep very long term and add to my stock allocation.
I am thinking 100K which would provide 300 plus a month to spend and over the long haul also provide a decent return.
No interest in selling shares every month. Just want to keep it simple for my wife as well in case something happens to me.
Very content with the holdings on both SCHD and VEIPX.
I see the low low yields on fixed income and I have an extremely low stock allocation anyway.
My question is what is the negative about buying a quality dividend etf like SCHD or fund VEIPX in taxable and just taking the dividends for income. We are in the 12 pct bracket so no taxes on the dividends.
Also very happy to keep very long term and add to my stock allocation.
I am thinking 100K which would provide 300 plus a month to spend and over the long haul also provide a decent return.
No interest in selling shares every month. Just want to keep it simple for my wife as well in case something happens to me.
Very content with the holdings on both SCHD and VEIPX.