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Technology Stocks : Cohu, Inc. (COHU)
COHU 24.15+2.8%3:59 PM EDT

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To: robert b furman who wrote (7727)7/31/2024 5:03:06 PM
From: Johnny Canuck  Read Replies (1) of 7822
 
I don't disagree with your strategy.

I have shifted a large amount of money out of tech into yield stocks the last few weeks preparing for retirement in 2 years time. I still have a lot to go. I am guessing the rates could to 2 percentage points lower in 2 years time. It is never going back to the pandemic lows.

I am sorry to see some of the tech go but stability of cashflow is more important now.

There is not much left at 7 percent yield. Most yield stocks are now in the mid 6s.

T and VZ have moved up in price to yield 5.58 and 6.5.

Pipelines like KMI are in the 5s.

Only ENB left at above 7. TRP in 6s.

Bought a lot of a covered call Canadian bank etf paying 7.5 percent yield.
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