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Strategies & Market Trends : Dividend investing for retirement
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To: rnsmth who wrote (27939)9/24/2017 7:27:19 PM
From: JimisJim1 Recommendation

Recommended By
rnsmth

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Now that I'm in distribution phase, current yield is actually one of my first 5 "screens"... I don't have time for low yielding/high growing divvies to catch up to current high yielders... it's not necessarily about us needing the money now -- as I've said, we haven't even touched my wife's IRAs yet (and she's still taking her sweet time investing that large cash pile -- her IRAs roughly equal to mine in size, but mine generates 3X the income hers does... for now)... and her IRAs are definitely part of the planned income stream esp 4-5 years from now... but I'm not even showing her anything yielding S&P ave. no matter how big the divvy growth is... however, I'm also not showing her any CEFs other than TPZ -- which she now has full position in... point is, even if we're not spending all of the income from some sources, it is part of the plan to accumulate the divvies in cash now for distribution or reinvestment as circumstances dictate -- I see excess income from divvies as another "emergency" income course if/when needed...

I know from your posts, etc., roni that you are not reliant on divvy income because of the many diverse sources of retirement income you two enjoy... so if your plan ain't broke, don't fix it... having the plan and sticking to it is the important thing...

Has it been unusually wet down your way the last couple weeks/months? I know you aren't near the quakes, but wondered about the hurricane that barely got mention in the US, but hung around the western GoM north of you and whether it had generated a lot of rain despite you being on the preferred side of the hurricane if one can't avoid the hurricane altogether... Hope all is well...
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