“Investors focusing on 10-15% yield were losing value over time because capital was eroding while paying taxes on dividends”
Marshall Johnson · Retire With Purpose - The Retirement Podcast · The Hidden Tax Drag That Could Cost You Millions
Play from 11:07
11:07
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What was described
argues that high-yield dividend strategies can be tax-inefficient and may erode capital despite high yields
Said nearby on the same subject
“They created the Smart Bundle for Ramsey fans, which includes a high-yield savings account and no monthly fee checking… you can have 10 different high-yield savings accounts for different goals.”
“Cash has pretty much outperformed every one of those categories. The only one that outperformed cash by a little bit over the last five years is high yield.”
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Bill Egan JP Morgan Strategic Income Opportunities Fund