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Yes, of course do your research before investing in a fund. The reason I chose the funds I mentioned previously was because their dividends are relatively fixed. The two Pimco funds pay consistently 12c and 18c a share. Even when the share price was down below $5 in 2009. I would've loved to have picked up my shares back then, I'd own twice as much as I do now and my monthly dividend would be double.
You kind of get into a different mindset with this type of investing. When the share price goes down, you don't think "oh crap, I just lost a bunch of money". You'll see a lower share price and think "sweet, I can buy more shares than I normally would with my next dividend payment"
Share prices go up and down all the time but over the long run, it all averages out. It's not something I stress out about too much.
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"Damn fine car Dodge... Ran over me wife with a Dodge!", Zeke
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