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Strategies & Market Trends : Dividend investing for retirement

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To: JimisJim who wrote (22975)5/21/2015 7:01:22 PM
From: Steve Felix  Read Replies (1) of 34328
 
You are quite welcome. I still have 200 C's. As I looked around at what could possibly derail me from having a 10% yield on cost on the dividend side by end of 2017, when I would like to start converting, I got down to crunching numbers like I am wont to do. If I took the bird in the hand, that cash, I knew I could do it. If that cash disappeared, I'm pretty sure I could still make it, but there would have been that much less to use for conversion.

I felt sure they will get cleared to make the end of May payment, but not so sure they wouldn't at some point discontinue at least for a while, which would do me no good either.

Those two years where we will be paying full fare for insurance seem like the sweet spot for converting. I may put off my SS for a year and the wifes for two months to keep our income down.

As for those hedge funds, after getting a little more CLMT, I expect to end the month with 10k in cash, surely a record. A sure sign the top isn't in? lol!
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