About ten years ago when I really got interested in money and investments, I was asking friends and looking at message boards for investment advice. Everyone told me to put most of my money in ETFs that had a higher than normal dividend yield. These ETFs were recommended and I was told they would give me a higher total return than a standard total stock market fund, like VTI, SPTM, or ITOT.
So I invested over the last ten years much of the money I have in my Vanguard Brokerage Accounts in these high dividend ETFs and now after finding the Portfolio Visualizer website have determined I have lost nearly $100K in stock market gains by buying these high dividend ETFs-listed below- instead of a simple total stock market fund. (On average over the last ten years the high dividend ETFs returned about 25% less than a total stock market fund.)
Here is the high yield ETF's I should not have purchased:
NOBL
HDV
VIG
SDY
DVY
VYM
PEY
SCHD
Submitted July 05, 2021 at 07:41AM by rarelywearamask https://ift.tt/3yrkLcK
