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baggachipz 3 hours ago

Yes. Went from 100% S&P500 fund into a gold ETF and a high-dividend fund (SCHD). Still a good portion in S&P but gotta hedge some.

qwerpy 29 minutes ago | parent | next [-]

How do you handle the capital gains taxes? I’d love to be able to rebalance the massive S&P 500 portion of my portfolio into other things but it would trigger huge federal and state taxes. Was hoping to hold on to these until retirement at which point I’d slowly be selling it for living expenses and the income taxes would be much smaller.

sethops1 3 hours ago | parent | prev | next [-]

Similar. Went from near 100% VOO down to 25%, with about 50% in SCHD and the remaining 25% sitting on cash, for now.

criddell 3 hours ago | parent | prev [-]

Is high-dividend a signal that the equities are more value oriented than growth oriented?

baggachipz 2 hours ago | parent [-]

Yep, the fund picks the equities with the highest dividend payout, therfore the most value-oriented. Those tend to be old blue chips which have stood the test of time and pay out well to their shareholders. Lockheed Martin, Merck, Coca Cola, etc. When the growth economy tanks, it's an oasis of relative stability. People love their cheap sugar water.