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Strategies & Market Trends : Young and Older Folk Portfolio

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To: SeeksQuality who wrote (7905)8/11/2024 12:27:17 PM
From: R.Daneel.Olivaw2 Recommendations

Recommended By
Gordon Gekko 23
Waitress

   of 21840
 
re: CEFs make my head spin

I agree, somewhat. My use of CEFs is limited. As an income first retired investor, I use a few CEFs instead of ETFs to broaden sector exposure.
I own BME in healthcare, along with JNJ and MDT.
I own UTG in utilities to supplement my heavy utility exposure. AEP, DUK, NEE, SO, WEC.
I own RFI for REIT exposure to supplement SCHD (no REITs) and O.
And I own ADX instead of SPY. Been a CEF since, 1929. Feels like I have held since then, but sadly, no.

I may be exiting BME in favor of a couple of healthcare stocks. ABBV, ABT, PFE some others. Just can't seem to pull the trigger on those. I am torn between reducing the number of holdings and tinkering.

Waiting is my default posture.
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