05-20-2014, 10:44 PM
I own a few shares of VIG but I'm not very happy with the yield, vanguard lists the SEC yield as 2.02%, and yahoo finance has the yield at 1.88%.
Needless to say one could do much better in terms of yield with individual stocks or other securities. My purchase price is $59.24 and I don't want to pay taxes on the capital gains so I keep it. I haven't added to it in a while.
I would love to think I could do better with individual stocks, but what if I can't? This is why I think it's good to have a little bit of everything - individual stocks, index funds, dividend funds, bond funds, reits, and closed end funds.
Needless to say one could do much better in terms of yield with individual stocks or other securities. My purchase price is $59.24 and I don't want to pay taxes on the capital gains so I keep it. I haven't added to it in a while.
I would love to think I could do better with individual stocks, but what if I can't? This is why I think it's good to have a little bit of everything - individual stocks, index funds, dividend funds, bond funds, reits, and closed end funds.