With 360 shares of WPZ, I like your camp. I could sell KMI and get a better yield, no doubt about that.
Healthcare is so cheap for me right now, that I will gladly spend savings before taking money from my IRA and adding it to my income. I will already get a raise when I start taking SS in January.
Who knows what happens with healthcare, so I can only go with what I know now, which has me not taking
funds until I am 65 and on medicare. That would give KMI and others over four years to work things out.
Heck, if we end up passing it on, it won't matter.
On the other hand, going back to the old way with healthcare would have me refiguring.
You'd think when you get to retirement things would be settled. I guess they never are.
On the preferreds, they have definitely all run up. It will be interesting to watch how things work out for those buying at 10% over NAV.
If income is their main concern, maybe alright, but most of those funds margin 30%, and I see a lot of lower coupons coming out while some good ones get called.
Not usually a factor for me, but my mother and sister lost a Campus Crest preferred, and now my sister and her husband are losing HT-B.
It isn't that easy to replace the income. I just got lucky buying JPC 7% under NAV for them last month.
Maybe it is "sell in May and go away", and the away is feeling safer in preferred funds. |
