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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (164)	7/1/2021 7:21:49 PM
From: sm1th	Read Replies (1) \| Respond to of 21813

Chowder, I am wondering how much time you spend each week managing these. 2 portfolios with about 60 holdings each, although there is overlap. You have been making multiple trades each week. One of my goals is to spend as little time as possible managing mine, while achieving goals. I find that about 40-45 stocks is all I can keep track of. I am quite willing to assume you are better at this than I am.

To: chowder who wrote (164)	7/2/2021 5:22:49 PM
From: chowder	3 Recommendations Recommended By INCOGNIT0$ Menominee Waitress Read Replies (1) \| Respond to of 21813

Older Folk Portfolio ... Purchases. Today I started two new positions in this portfolio ... AVGO and MKC. I also added to two positions ... GOF and THQ. The income objective for 2021 was $250,000 and that objective has already been achieved. This allows me to branch out and add a few more companies for diversity and dividend growth. This portfolio was lacking in equites in the technology sector and I thought that AVGO provided a nice balance between yield and dividend growth. The yield is 3.07% and the last announced dividend increase was 11%. The dividend growth over the last 5 years has been 52%. If it can stay above 8% going forward, I would be happy. MKC has a yield of 1.54%, considered too low for an income portfolio, but since the income objective has been achieved, I want access to MKC's potential capital gain growth going forward. The latest dividend increase was 9.7% and the 5 year CAGR is 9% and over 20 years is 10%, so it is very consistent and I like that. I expect AVGO to outperform the market. I like MKC for its defensive qualities in a down market. I like the dividend growth in both. ... These are starter positions purchased at about $7K eack. I wanted more exposure in the healthcare sector, while creating above average income, so I added to THQ. THQ has a yield of 5.72%. A full position for a CEF is $75K and I brought THQ up to $44,982 in size. GOF with a 9.98% yield was added to only because it needs to be brought up in size over time. GOF is now sized at $17,293.

To: chowder who wrote (164)	7/12/2021 11:37:15 AM
From: mrolive	Read Replies (1) \| Respond to of 21813

Hi Chowder... I just found that you had moved over to SI from SA. For what it's worth, I like SI much better for this type of discussion. Is there a reason for the difference in a "full position" amount in your equity vs. CEF holdings? Thanks again for sharing your wisdom with those of us a little further back on the journey! ~mrolive

To: chowder who wrote (164)	7/21/2021 11:44:43 AM
From: Halfdave	Read Replies (1) \| Respond to of 21813

Hello Chowder, Just a few questions, why did you group your positions like you did and what percentage of your portfolio are in CEF, and why do CEF feel so scary as compared to common equity? Thanks

To: chowder who wrote (164)	7/30/2021 9:43:27 PM
From: chowder	4 Recommendations Recommended By INCOGNIT0$ Menominee The Beard Waitress Read Replies (2) \| Respond to of 21813

RE: OLDER FOLK PORTFOLIO ... Updated 7/30/21. Portfolio Objective for 2021: Reach $250,000 in annual dividends. The objective has been achieved. Portfolio Balance: $6,132.885 Forward 12 months income: $258,337 Portfolio yield: 4.21% Dividend Growth 5 Years: 3.6% Holdings: 82 Beta: 0.58 Equity Full Position: $150,000 CEF Full Position: $40,000 Company/Symbol .... Position Size ... Income ... % of Portfolio Income Verizon - VZ ........................ $244,998 .... $11,024 .. 4.3% Dominion Energy - D .......... $239,814 ... .$8.071 .... 3.1% Southern Company - SO .... $237,411 .... $9,813 .... 3.8% AbbVie - ABBV ................... $210,229 .... $9,399 .... 3.6% Johnson & Johnson - JNJ .. $200,739 .... $4,942 .... 1.9% Duke Energy - DUK ........... $200,728 .... $7,524 .... 2.9% Realty Income - O .............. $194,167 .... $7,806 .... 3.0% Coca-Cola - KO ................. $193,562 .... $5,701 ..... 2.2% Sempra - SRE ................... $190,153 .... $6,403 ..... 2.5% Kimberly-Clark - KMB ........ $180,924 .... $6,078 ..... 2.4% NextEra Energy - NEE ...... $175,275 .... $3,465 ..... 1.3% Procter & Gamble - PG ..... $173,467 .... $4,243 ..... 1.6% W. P. Carey - WPC ........... $168,006 ..... $8,744 ..... 3.4% Bank of Montreal - BMO ... $167,627 ..... $5,882 ..... 2.3% Xcel Energy - XEL ............ $158,613 ..... $4,252 ..... 1.6% Toronto-Dominion - TD ..... $155,485 ..... $6,128 ..... 2.4% Pepsi - PEP ...................... $153,808 ..... $4,213 ..... 1.6% ------------------ AT&T - T ................................... $147,110 .... $10,908 .... 4.2% WEC Energy - WEC ................. $142,088 .... $4,090 ..... 1.6% Target - TGT ............................. $116,950 .... $1,612 ...... 0.6% Home Depot - HD ..................... $114,538 ... $2,303 ...... 0.9% Genuine Parts - GPC ................ $113,163 ... $2,906 ...... 1.1% Altria - MO ................................. $86,328 ..... $6,181 ...... 2.4% American Water Works - AWK ... $77,570 .... $1,098 ...... 0.4% Unilever PLC - UL ..................... $74,570 ..... $2,572 ...... 1.0% Abbott Laboratories - ABT ......... $74,040 .... $1,101 ....... 0.4% General Mills - GIS ................... $71,040 ..... $2,463 ....... 1.0% -------------------- Clorox - CLX ...................... $42,328 ... $1,085 ... 0.4% Hormel Foods - HRL .......... $38,217 ... $807 ..... 0.3% Tyson Foods - TSN ............ $37,945 ... $945 ..... 0.4% Texas Instruments - TXN ... $37,552 ... $803 ..... 0.3% Broadcom - AVGO ............. $33,493 ... $933 ..... 0.4% Lockheed Martin - LMT ...... $31,592 ... $884 .... 0.3% Air Products - APD ............. $20,372 ... $420 .... 0.2% General Dynamics - GD .... $20,191 .... $490 .... 0.2% McCormick & Co. - MKC ... $16,497 .... $266 .... 0.1% Fastenal - FAST ................ $13,638 .... $278 .... 0.1% BlackRock - BLK ............... $11,273 .... $214 .... 0.1% Union Pacific - UNP .......... $10,063 .... $196 .... 0.1% Sysco - SYY ..................... $10,017 .... $253 ..... 0.1% Crown Castle - CCI .......... $9,898 ...... $271 ..... 0.1% Celanese - CE .................. $9,502 ...... $165 .... 0.1% Prudential - PRU .............. $5,917 ...... $271 ..... 0.1% Paychex - PAYX ............... $5,122 ...... $118 ..... 0.1% ----------------- CEF's ... Reaves Utility Income - UTG ..................... $163,670 ... $10,628 ... 4.1% ... 6.49% yield Pimco Corporate Income - PTY ................ $154,796 ... $11,745 .... 4.5% ... 7.59% yield DNP Select Income - DNP ........................ $149,147 ... $10,954 ... 4.2% ... 7.34% yield Cohen & Steers REIT Income - RNP........... $87,788 ..... $4,938 .... 1.9% ... 5.63% yield AllianzGI Diversified Income - ACV ............ $68,049 ..... $3,983 .... 1.5% ... 5.85% yield Cohen & Steers Infrastructure - UTF .......... $59,720 ..... $3,920 .... 1.5% ... 6.57% yield Calamos Strategic Total Return - CSQ ....... $58,046 ..... $3,892 .... 1.5% ... 6.71% yield Eaton Vance Tax Advantage - ETO ............ $52,510 ..... $3,028 .... 1.2% ... 5.77% yield BlackRock Sience & Tech. - BSTZ .............. $48,822 ..... $2,495 ... 1.0% ... 5.11% yield Virtus AllianzGI Artificial Intelligence - AIO .. $48,097 ..... $2,682 ... 1.0% ... 5.58% yield Tekla Healthcare Opportunities - THQ ........ $48,064 ..... $2,675 ....1.0% ... 5.57% yield Pimco Dynamic - PDO ................................ $46,483 ..... $3,074 .... 1.2% ... 6.61% yield Blackrock Science & Tech. - BST ................ $45,269 .... $2,286 .... 0.9% ... 5.05% yield Cohen & Steers Quality Realty - RQI .......... $40,200 .... $2,400 .... 0.9% ... 5.97% yield ---------------- Liberty All-Star Growth - ASG ........................ $38,678 ... $3,090 .... 1.2% ... 7.99% yield John Hancock Tax Advantaged - HTD ........... $37,241 ... $2,499 .... 0.9% ... 6.58% yield Eaton Vance Tax Advantage - EVT ................ $36,177 ... $2,289 .... 0.9% ... 6.33% yield Ares Dynamic Credit Allocation - ARDC ........ $29,690 ... $2,190 .... 0.8% ... 7.38% yield Eaton Vance Short Duration Bonds - EVG .... $29,083 ... $2,993 .... 1.2% .. 10.29% yield Guggenheim Strategic Opportunities - GOF .. $26,953 .. $2,729 .... 1.1% .. 10.13% yield Flaherty & Crumrine Total Return ... FLC ....... $20,491 ... $1,324 .... 0.5% ... 6.46% yield Eagle Point Income - EIC ............................... $20,266 ... $1,327 .... 0.5% ... 6.55% yield ------------------ BlackRock Income - BKT .................................. $19,968 ... $1,287 ... 0.5% ... 6.45% yield Eagle Point Credit - ECC .................................. $19,879 ... $1,792 ... 0.7% ... 9.02% yield BlackRock Health Sciences II - BMEZ .............. $19,824 ... $1,216 ... 0.5% ... 6.14% yield Calamos Dynamic Convertible Income - CCD .. $19,626 .. $1,490 ... 0.6% ... 7.59% yield Special Opportunities - SPE ............................. $19,579 ... $1,642 ... 0.6% ... 8.39% yield Flaherty & Crumrine Preferred - FFC ................ $19,427 ... $1,270 ... 0.5% ... 6.54% yield Duff & Phelps Utility & Infrastructure - DPG ...... $19,398 ... $1,915 ... 0.7% ... 9.87% yield BackRock Core Bond - BHK .............................. $10,164 ... $551 ...... 0.2% ... 5.43% yield Eaton Vance Municipal Bond - EIM ................... $10,132 ... $435 ...... 0.2% ... 4.29% yield ------------------ Gabelli Healthcare - GRX ........................... $9,999 ... $446 ... 0.2% ... 4.46% yield Gabelli Dividend & Income - GDV .............. $9,960 ... $500 ... 0.2% ... 5.02% yield BlackRock Health Sciences - BME ............. $9,898 .. $487 ... 0.2% ... 4.92% yield Eaton Vance Municipal Bond - EVN ............ $5,130 ... $205 .. 0.1% ... 4.01% yield DWS Municipal Income - KTF ..................... $5,092 ... $206 ... 0.1% ... 4.06% yield Nuveen Intermediate Municipal - NIQ ......... $5,042 ... $170 ... 0.1% ... 3.39% yield AllianceBernstein Municipal Income - AFB .. $5,006 ... $210 ... 0.1% ... 4.21% yield July Highlights: SPE raised dividend by 14% DUK raised dividend by 2.1%