Episode 110: Why you should ditch dividend plans
Many investors, especially retirees, prefer dividend plans when investing in mutual funds. They draw comfort from the fact that these plans give them regular income in the form of dividends. However, even if it is imperative that your investments generate regular income, going the dividend route may not be the best option. In fact, dividend plans in mutual funds might even compromise on the income that you could otherwise receive via exactly the same mutual fund investment. Confused? Join us in the Investors' Hangout where we will tell you why it is time to ditch dividend plans, and of course how you can generate regular income without them.
My Financial Goal #1
Buy a House
July 31, 2022