VIG is significantly safer than VOO. 10% safer in a 50+% crash is almost equivalent to holding 20% cash 80% S&P 500.I’m not sure what statement of mine you are arguing against
It’s still larger than the S&P 500 dividend yield. What matters is not dividend yield but the ability to grow dividends in a bear market.
The point I was making was that the fund also lost nearly half. If it was 45% after dividends instead of 47%, I’m not sure that refutes my point. It’s not a safe fund. It is still all stocks.
What is remarkable is that the total return of VIG is almost as good as VOO despite being much lower risk.
Safe is a relative word. Stocks are not safe. But VIG is safer than VOO. That is my point.
Statistics: Posted by smartinvestor2020 — Sat Oct 19, 2024 11:39 pm — Replies 61 — Views 9016