Hi there
I need advice and some serious talk.
I am currently sitting on a portfolio of
- 45% ETF´s
- 40% high dividend stocks and reits and such
rest in individual stocks I picked and liked.
I want more growth as I want to reduce the time I need to get to a certain threshold.
I picked the dividend stocks mainly because of the high yield. the lowest yield I get is 4,5%. highest at 13,4%.
I know that
- those high yields are probably not lasting forever
- I miss out on growth of the actual securities
but also , ALL dividend securities are green since I bought them.
the lowest being +1,51% (OMF), the highest being 42,88% (OKE).
the rest is between 8,7% 27,09% green.
what should I do ? sell at green, take the tax hit (which is about 25% of profits where I live -> germany)
or keep those titles ?
currently I reinvest every dividend payout I get. but those also take a tax hit. so I am missing out on returns and not even benefitting from the full dividend payout...
I am open for all kinds of tips and suggestions.
Submitted April 07, 2021 at 05:56AM by psykikk_streams https://ift.tt/3wyZRYT
