Young and Older Folk Portfolio Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Young and Older Folk Portfolio

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

Recommended by:

Menominee

To: chowder who wrote (352)	10/4/2021 4:12:39 PM
From: chowder	1 Recommendation Read Replies (1) of 21808

Re: Middle Age Portfolio ... Profit Taking and Buys. Today I decided to take some profits from overweight positions and spread the proceeds out into other positions. I trimmed shares in .. ADP .. O .. PG. There is nothing wrong with these assets, I simply am trying to keep position sizes in proximity of each other at this time so that I can use the proceeds to help increase the income generated by this account. In trimming these three positions, I generated $34K in cash and put that cash to work immediately. I spread the cash out between the following assets. ASG ... 7.83% yield AVGO .. 2.95% yield BST ... 5.33% yield (just announced a 10.6% increase so yield will be slightly higher) LMT ... 3.22% yield QQQX .. 6.29% yield TU ... 4.63% yield (new position) WEC .. 3.03% yield WPC ... 5.61% yield The amount of shares trimmed from .. ADP .. O .. PG .. generated $1,072 in annual income. The yield was 3.11% and the 5 year dividend growth was 4.90% for a Chowder Number of 8.01. The updated adjustments alone will generate $1,593 in annual income, a 48.6% increase going forward. The yield on these adjustments is 4.62% and the 5 year dividend growth is 8.9% for a Chowder Number of 13.54, far greater expected dividend growth going forward while at the same time showing a significant increase in income.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next