ron,
Wow. At 3.5% you are a percentage point higher than I am, but I suspect my portfolio is more conservative than yours. Still, 3.5% is pretty darn good.
As Fidelity has gently reminded me, I am highly (highly!) concentrated in JNJ, LMT, AAPL, MCD, MMM, WM, KHC, so it is no wonder my overall current yield is 2.4%. It was a lot easier getting a higher yield when I purchased five years ago. JNJ was almost 4%, LMT well over 5%, etc.
I am really focusing on: 1.) trying to mostly ignore price movements; 2.) trying to mostly ignore current yields; 3.) most importantly, focusing on and evaluating my success in terms of the growth of the dividend income stream. That is what matters to me.
I have been enjoying the posts and interchanges of late by both you and JimisJim. I gotta' see how I may contribute. FWIW, I sold a retail stock in Feb. and have been trying to reinvest those funds ever since, with only a little success. I put about 1/3 in PAYX, which I already own. The other 2/3 remains in cash, with me unable to find/pick a suitable stock. If anyone is interested, let me know, and I'll post the list of potential candidate I have so far rejected--or equivocated on. I think there may be some good buys in there. ;-)).
Kip |
