Can someone please clarify this for me? Wealthfront has me invested in dividends stocks (SCHD) at some nominal percentage (maybe 10% of portfolio) for a taxable account. I had read a post the other day where someone had commented, “why are you investing in dividend ETFs, are you retired?” Is this a consideration? Should I not be in dividend yielding ETFs unless I’m in retirement?
Background: only about 20% of my portfolio is in WF and I manage everything else myself. I just get $40k managed free there and they do tax loss harvesting well. So I’m really wondering if I should be more in on dividend ETFs in my other taxable accounts or prioritizing more toward like VTI (which I’m heavily in as well).
TL;DR: are higher dividend yielding ETFs like SCHD worth holding for a younger investor?
Submitted November 24, 2021 at 09:39AM by SkinnyPete16 https://ift.tt/2ZkOtUF
