這邊有談到Burton Malkiel和John Bogle對投資高股息的看法：
IU.com: Let’s talk about dividend-paying stocks for a moment. This is a theme that I’ve heard Burton Malkiel talk about a lot, that dividend stocks or index funds are a great way to bump up income at a time of historically low yields. But people worry: Do retirees who want nothing more than to cut coupons really want to watch their beloved dividend stock just tank when the market corrects? What’s your opinion?
Bogle: I think it is a pretty good strategy for those willing to take the market bumps. When you think about it, what’s important when you buy for dividends is the dividend. And your annual income is what you're trying to protect. And it basically does not matter—except to your brain and your behavior—that the value of the principal is going up and down, up or down, year after year. It shouldn’t matter to you. But for an awful lot of investors, it does. The long-term fixture of dividends on the S&P 500, for example, is almost without a blemish. It’s up and up and up and up and up, an exception in the ’30s, and an exception obviously in 2008, generated almost entirely by bank stocks.
So I feel pretty comfortable that dividend streams aren't going to plummet. I think they should gradually ease up. So if people are going to be able to endure the temptation to get out when something goes way down, I think it’s worth doing this at the edges. Twenty percent—I don’t know how to give you a number, really, but I’ve never plunged into anything. The S&P is now yielding about 2 percent, so maybe you move the equity position partly into income-producing stock to get, say, as much as 3 percent, is one way to do it. So it’s all balancing out a portfolio that you can hold onto forever.
