Why I Invest in High Yield Dividend Stocks in a TAXABLE Account
YouTube Viewers YouTube Viewers
187K subscribers
18,536 views
0

 Published On Feb 9, 2024

Last week I made a video in which I talked about how my favorite monthly dividend-paying company is actually the worst-performing stock in my portfolio. And although I had mentioned this in a previous video, a number of people who aren’t consistent viewers of my channel, I think were surprised by this revelation I made. So this week I figured I’d keep the revelations going by being upfront about where I do my dividend investing. If you weren’t aware at this point, I have my six-figure high-yielding dividend portfolio inside a taxable account, not a retirement account.

So in this video, I wanna discuss why I’m doing this and also go over the pros and cons of doing this as opposed to doing it in a retirement account. Now of course, when it comes to deciding whether you’ll invest in a retirement or a non-retirement account, it’s all a matter of personal choice. There are good and bad consequences to investing in dividend holdings in each type of brokerage account. I personally choose to invest in a taxable account, and I willingly bear the downsides of doing that. I’d probably say the majority of my viewers though don’t actually do this. They usually prioritize dividend investing inside a retirement account, like a Roth IRA. But I’ve been building up my main six-figure, high yielding dividend portfolio entirely in a taxable account.

  / dividendbull  

#dividendinvesting #dividends #dividendstocks

show more

Share/Embed