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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Ken Ludwig who wrote (21457)	1/3/2015 5:41:38 PM
From: Steve Felix	Respond to of 34328

Thanks Ken. Glad to know someone gets something out of it. Besides a laugh of course! Regardless what happens I don't embarrass, making me comfortable posting my underperformance here, but that is another story. I think I'm currently just at a bump in the road, but that will prove true or false going forward. The wife asked why I don't just switch everything now to dividend growth. I took a look at it. I could have sold the "rest of my IRA" stocks, I posted here last week, for $110,000, about 30% of my port.: Message 29875092 At a 3% yield, it would up my yoc to 7.88% after 5 years vs. DVK at 5.5%. I'll take my chances of doing better than that going forward two years with the extra cash coming in. I haven't told her that there are preferreds that I'm not planning on selling in that span. Some warts I bring on myself. Should have gone with the preferred BBEPP instead of the common: LOS ANGELES--(BUSINESS WIRE)-- Breitburn Energy Partners LP (NASDAQ:BBEP) announced today: A cash distribution per Common Unit of $0.0833 for the first month attributable to the fourth quarter of 2014, or $1.00 per unit on an annualized basis. This amount will be payable on January 16, 2015, to unitholders of record at the close of business on January 13, 2015, and represents a reduction from Breitburns last monthly payment which was $0.1733 per Common Unit or $2.08 per unit on an annualized basis. This new distribution rate is based on current commodity and financial market conditions and Breitburns 2015 guidance, as detailed below. This lower distribution rate substantially increases Breitburns estimated distribution coverage ratio to approximately 1.35x for 2015 and improves its financial flexibility.