0P00007GCA Discussion 2024
- Thread starter zeeb0t
- Start date
Not invested anymore as the position has been closed due to a long term trailing stop being triggered. Plan to reinvest for the income once the current market euphoria/blow off top has played out - I am suspecting that both the US and AU are going to be tipped into recession and our markets will be heading south for quite a while so I m building up a cash buffer. Distributions for VHY are irregular is the only downside that I can see, so a buffer in the income account to allow for regular withdrawals is needed when you invest in ETFs. From my reading, VHY rates better than SYI. I do like IHD for income but again have been stopped out of that one as well. MER on VHY is acceptable if I recall.
justso retired
Emerged
i needed the proceeds to help fund another project in 2023
but between 2011 and 2023 i was very happy with VHY because i had participated in the DRP , and the compounding factor worked very nicely there ( much better than the VAS holding over the same period DRPed
i was in VHY for 'growth ' ( so participated in the DRP) ( and VAS as 'insurance ' but DRPed as well )
i still hold SYI , mainly because it often holds shares i don't ( limiting concentration risk )
can VHY drop to an acceptable entry price ( for a second adventure ) i don't know , after the antics observed in the first half of 2020 , i suspect we might never have another genuine correction