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Strategies & Market Trends : Young and Older Folk Portfolio

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marsdon
To: chowder who wrote (780)1/26/2022 8:39:00 PM
From: chowder1 Recommendation  Read Replies (1) of 22029
 
Re: Old Folk Portfolio ... Add On Buys

I did a little buying today in the OFP. Earlier this week I added to a few CEF's and I'm looking to build positions going forward at a rate of 50% CEF's and 50% Equities with the focus on dividend cash flows and dividend cash flow growth.

Today I added to:

LMT -- 2.89% yield
MO -- 7.20% yield
VZ -- 4.84% yield

This makes LMT a little under a 3/4 sized position and both MO and VZ are now 3/4 sized positions.

So in summation, these were strictly income based plays as the OFP is in the withdrawal phase.
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