A few links and even in the newspaper (yeah, we still get that) discussed the importance of stocks that produce dividends.
Even in a down market, a stock that pays dividends can keep your portfolio strong.
Hmmm, I wonder if there are Mutual Fund dedicated to stocks paying dividends and sure enough there are.
VHDYX
VDAIX
VDIGX
VEIPX
When I checked their performance it really wasn't what I was expecting.
In fact, I wasn't impressed with their performance at all.
Granted, I am not the best in reading the performance info much more than looking at the 3 month, 1 year, 5 year charts.(Hey I like to look at pictures more than reading.)
There is a chance the Dividend types are tracked differently and maybe they need to be interpreted differently.
Since this would be part of the Rollover IRA, the dividends would automatically be reinvested.
Is having a Mutual Fund dedicated to dividend stocks a good additional to ones 401k portfolio?
If looking at the chart is wrong for Dividend type Mutual Funds, what is the proper way to interpret ones performance?