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re: Thoughts on Diversified Stock Income Plans (DSIP)?
Posted on 9/26/12 at 5:09 pm to TigerWerm
Posted on 9/26/12 at 5:09 pm to TigerWerm
I’d check out Vanguard. Look for stock funds that include “Dividend” or “Income” in their name. Take a good look at their Vanguard 500 Index fund has annual expenses of 0.17%, a current yield of 2.07%, and holds shares of the largest US companies most of which pay dividends. If you have $10,000 or more you can get the Admiral Shares with an expense ratio of only 0.05%. Compare those expenses with what your advisor wants to charge.
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