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My Top 3 Dividend Paying ETFs
Before I get started I have to throw in the obligatory warning message that says this is NOT FINANCIAL ADVISE and I’m NOT A FINANCIAL ADVISOR. This is strictly for entertainment purposes. Now, since all that is out of the way let’s get started.
SPHD
Full name: Invesco S&P 500 High Dividend Low Volatility ETF
This ETF is actually over 20% of my entire investment portfolio, so I may be carrying a little additional risk due to this taking up a large portion of my portfolio. That being said I’m up over 20% on this investment as well. Which may not sound like a lot when you see all these other stocks and ETF’s breaking the 100% return barrier but when you’re investing every other week 20% is actually quite impressive. SPHD has a dividend yield that floats around 4%, sometimes reaching as high as 5.5%. If you know much about dividend investing you’ll know that the 5% yield is generally the sweet spot, generating you a decent amount of income without the investment becoming risky due to over paying through dividends. While my investing in this specific ETF has slowed down over the last several months, that has nothing to do with it’s performance. I will continue to trickle in additional income into this investment while increasing my portfolio diversity with other ETFs and even crypto.
