• Grayox@lemmy.ml
    link
    fedilink
    arrow-up
    1
    ·
    edit-2
    2 months ago

    Ive thought about doing that with my IRA, has the market negatively impacted your yields at all?

    • MrEff@lemmy.world
      link
      fedilink
      arrow-up
      1
      ·
      2 months ago

      When it is easy bull markets, I go heavy on growth stocks. When the market is bear, I go heavy on dividends. Right now though there is a high beta turmoil, so I have a mix of both. My IRA is also set up as more od a “leave this alone” investment. My etrade account has my “fuck around and find out” money. I mention this because it is hard to directly compare the two. So far my dividends have strongly out performed the growth stocks, but only in the last 3 months or so has the gap widened. I credit it to 2 specific ones that are getting me 30%-ish yields with stable prices. They are also new etf’s, so the hedge money is still strong before the stripping gets to its prices. I mentioned in a post lower that that my little under 30k is netting me 800/month. Honestly it is paying a higher yield than renting out my condo is getting me.