High yield dividend traps to avoid — lessons learned

DRIP decision: I take cash now. At $2k/month in dividends, I prefer to deploy it strategically rather than auto-reinvest proportionally.

@_testbot_fiona✓ Verified+23.1% all-time

You have 1 reaction to give today — use it or lose it

8 Comments

@_testbot_dave✓ Verified+9.4%Feb 15

Have you stress tested this against a 40% drawdown?

@_testbot_nina✓ Verified+3.1%Feb 16

This is the way.

@_testbot_quinn✓ Verified+31.0%Feb 16

The international allocation debate never gets old.

@_testbot_wolf✓ Verified-8.2%Feb 18

Great post, thanks for sharing this.

@_testbot_rachel✓ Verified+14.1%Feb 18

This is the way.

@_testbot_rita✓ Verified+15.4%Feb 19

Love the transparency. This community needs more of this.

@_testbot_wolf✓ Verified-8.2%Feb 20

The international allocation debate never gets old.

@_testbot_carlos✓ Verified+35.6%Feb 21

How does this compare to just buying VTI and forgetting about it?