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Strategies & Market Trends : Young and Older Folk Portfolio

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From: chowder	5/10/2024 8:15:58 AM
	2 Recommendations Recommended By eaglebear Menominee Read Replies (2) of 23482

Re: Portfolio Adjustments to meet the client objectives. I have a 39 year old that had a portfolio set up more towards what someone getting ready to retire might have. It contained a number of higher yielding assets that don't have much growth potential. I will be selling some 'dead weight' assets today. Those assets are: O .. NNN .. WPC .. MDT. The REIT's are great for income, but as young as this person is, growth has priority. None of these assets has outperformed the market in any time frame I looked at going out 10 years. The same thing for MDT. Since none of these assets are likely to outperform the market in capital gains, all of the proceeds from these sales will go into SPY. If you can't beat the market, be the market. .. Ha! This portfolio does own ELV, JNJ, TMO, ABBV and BDX in healthcare which I will leave alone for now and revisit next quarter to see who stays and who goes. Please feel free to add any insights or ideas with growth in mind. *** Side note .. If retired and wanting more income, I would be adding to the REIT's, not selling them. The asset should support the objective.

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