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

To: CrabbyTurtle who wrote (321)	9/15/2021 4:24:47 PM
From: chowder	Read Replies (2) \| Respond to of 25520

When I was building out the portfolio when income was the priority, I ignored total return performance. As long as a company had a good rating (BBB+ or better), and the dividend appeared safe while the yield was acceptable, I would buy the company. Sometimes I would get a company that was undervalued but at other times I was willing to pay up to a 10% premium to fair value if the yield was acceptable. It was only after the income goals were achieved and exceeded that I branched out into lower yielding, potentially better total performance companies. I went income first, got ahead of schedule as quickly as possible, used the dividends from those higher yielding companies combined with the monthly contributions to buy additional companies at a faster rate than I would have been able to if I went for growth first.