DAYDREAMER
Recycles dryer sheets
- Joined
- Mar 26, 2008
- Messages
- 413
Due to the positive comments on the this forum and my own research, I will be investing a large (to me) sum of money into Wellesley at Vanguard. I do have a few questions:
1. If I invest today, how does vangaurd determine a dividend payout at the end of the year? Is there some kind of pro rated formula based on when you buy during the quarter?
2. At the 4th quarter payout, and you opt to take the dividends $ instead of reinvesting, do you also get paid the long/short term capital gains shown on the distributions of the year?
3. Based on the height of the market, would you dollar cost average in, or just dump the large sum in at once? I know this is my decision, but would appreciate the vast experienced opinions of this forum.
I don't know if this matters for the analysis, but the sum is 600k, which is about 30% of our portfolio. The rest of our portfolio is in an S&P index. It will be highly unlikely ever to touch the principle of the portfolio. We plan to live off the dividends and pensions.
All input would be appreciated.
1. If I invest today, how does vangaurd determine a dividend payout at the end of the year? Is there some kind of pro rated formula based on when you buy during the quarter?
2. At the 4th quarter payout, and you opt to take the dividends $ instead of reinvesting, do you also get paid the long/short term capital gains shown on the distributions of the year?
3. Based on the height of the market, would you dollar cost average in, or just dump the large sum in at once? I know this is my decision, but would appreciate the vast experienced opinions of this forum.
I don't know if this matters for the analysis, but the sum is 600k, which is about 30% of our portfolio. The rest of our portfolio is in an S&P index. It will be highly unlikely ever to touch the principle of the portfolio. We plan to live off the dividends and pensions.
All input would be appreciated.