The Vanguard index currently has an effective yield of 1.51, and the Schwab product that you mentioned is 1.37. So it's already higher. And it declares dividends more often. If the dividend pays more often, you want to take that one of the two because of the compounding effect of that dividend. But even without looking at APY, I looked at these two,. Even without looking atAPY, the VanguardIndex currently has aneffective yield of1.51; The Schwab product is 1.37:00.
#419: Casey isn’t happy at her job. If she leaves before her one-year mark, she’ll lose her 401k contributions. Should she stay or find a new job?
Daan resides in a high-cost-of-living area where real estate appreciates rapidly. But there’s no cash flow. How should he evaluate real estate as an investment?
Emily already maximizes her 401k contributions. Should she contribute to an after-tax 401k next?
Ryan’s investing for his son. If the yield is the same between two mutual funds, can he leave his son with more money if one mutual fund pays dividends more frequently?
Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode.
Enjoy!
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