Posted 3/9/2024, 9:45:37 AM
Lock In High Dividend Yields Before Rates Drop Further
- Money market funds currently yield over 5%, but rates could plunge in the future, sparking a mass exit to other assets
- It's time to start locking in high dividend yields through ETFs like SCHD before rates drop further
- Wait for pullbacks before buying SCHD or adding to positions, with support around $72-77 per share
- High-yield stocks like British American Tobacco (10% yield) can help boost portfolio income
- Goal is to lock in yields now and benefit from capital gains when rates fall and dividend payers get revalued higher