2024-02-02 18:25:00 ET
Summary
- Vanguard High Dividend Yield Index Fund ETF Shares has an impressive track record of compounding shareholder wealth and growing dividends.
- That being said, the VYM ETF has a few major shortcomings that prevent it from being an ideal passive income snowball.
- We share how to fix these shortcomings.
The Vanguard High Dividend Yield Index Fund ETF Shares ( VYM ) has a successful track record of compounding shareholder wealth and growing dividends over the long term:
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Building The Ideal Passive Income Snowball: Fixing VYM's Shortcomings