Young and Older Folk Portfolio Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Young and Older Folk Portfolio

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: chowder who wrote (728)	1/3/2022 11:55:53 AM
From: chowder	2 Recommendations Recommended By Tam3262 The Beard Read Replies (1) of 21808

Re: Old Folk Portfolio ... Buys & Sells. The objective in 2021 was to generate $250K in annual dividend cash flow, that objective was exceeded with $257K actually received. The objectives for 2022 are as follows: 1) Continue growing the dividend cash flow to exceed $300K. 2) Focus on yields of 2.5% and higher. [] 3) Use a 50% equity and 50% CEF buying strategy. [] The few low yields that still remain in the portfolio will only be added to if they beat and raise earnings expectations. With this in mind, I sold a couple of low yield assets and added to six assets that met the yield requirement (2.5% or higher). SOLD: BLK .. 1.80% yield UNP .. 1.87% yield BOT: EXD .. 6.95% yield (CEF) ENB .. 6.91% yield TYG .. 6.45% yield (CEF) TU .... 4.36% yield LEG ..4.08% yield SLM . 2.92% yield The six assets purchased, based on their position size, generate a combined 5.26% yield. The sales generated $44K in cash and the buys just $12K as I added $2K to each position. The rest of the cash and the dividends hitting the account in the next couple of weeks are being reserved for earnings season which starts in three weeks.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next