How to stop dividend cuts and yield traps from ruining your portfolio

TD Direct2 hours ago51:10

Dividend stocks and ETFs with very high yields can be a siren's song for some investors. But chasing yield could eventually destroy their income stream if those investments slash their payouts. How can investors avoid being suckered into a raw deal? In this episode, DIY investor Ian Lopuch from the YouTube channel PPCIan shares the warning signs he uses to help spot dividend stocks and ETFs with unsustainably high yields. He also explains his approach to managing a stock that unexpectedly cuts its dividend, and his "sweet spot" for dividend growth and yield that has helped him build a portfolio that has put him on pace to retire early. Plus, Ian takes your investing questions live in our Q&A session.