Fidelity shuts three money market funds to most new investors (way lower yields coming anyway)

[bucolic_frolic]

6. This is the 4th crash in my lifetime

Last edited Sun Apr 26, 2020, 11:25 AM - Edit history (1)

There were good stocks that i owned briefly in 2009-2012, and should have kept. I mean dividend payers in sold companies that got beaten up hard at that time.

Currently there are also stock ETFs that are either US blue chip or global blue chip (really there's fund that slices the world anyway you can contemplate) that focus on dividends or dividend achievers. These funds get beaten up along with everything else. Yes some companies in these funds will reduce dividends, but some of the S&P dividend funds that were yielding 3-5% in January have almost double those yields now. If the market moves down further yields will rise. I find such funds a good bet long term because the holdings are solid and the yield is currently good. Beware there are REITS and covered call funds with "yields" over 16% or over 20% and I'm avoiding them as they are more speculative. And I needed to read the details of ETF dividend funds. Some have REITS as a component, some have bonds, notes, some return a portion of principle as monthly or quarterly payment. I wanted all stock. A good broker knows ETF, and they're also researchable online such as on ETFconnect or a brokerage site.