I am currently looking at VHY the vanguard high interest Aust Shares ETF. Because interest rates have risen, and the portfolio has also dropped, so has VHY. BHP and possibly WMC and of course the banks are still big divvy payers, and the portfolio has some of the top names in Australian stocks. My theory is that while you are waiting for the prices of the stocks in VHY to rise, at least you are getting a reasonable mostly franked dividend, and then when the market corrects and interest rates revert to the norm, you will get a double whammy. Just an idea to have a Bob each way…… Don’t currently hold VHY but do VAS.
VAS Price at posting:
$67.97 Sentiment: Hold Disclosure: Held
