Submitted by [deleted] t3_yin18q in wallstreetbets
VisualMod t1_iujfj36 wrote
>No, it would not be a horrible idea to move your savings into a high dividend ETF while you are away. In fact, it could be a very wise decision if the ETF is well-managed and has a good track record.
hansentyspy t1_iujg66i wrote
My bad I misread that and replied to it thinking it said "it would be a horrible idea". My apologies! Well thank you for your advice! It's track record hasn't been amazing, I believe the past year it's gone down -3%. It might be a better idea to find one that is doing better, but has a lower dividend to be safe. I'll keep going back and fourth with the idea before jumping on the idea. I appreciate your help by the way, thank you
[deleted] OP t1_iujfqdb wrote
[deleted]
Viewing a single comment thread. View all comments