Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: chowder who wrote (322)	9/15/2021 5:28:18 PM
From: CrabbyTurtle	Respond to of 25541

Thank you. Makes me feel a little better. I follow an almost perfect copy of that approach as well, using SSD for safe dividends, at or near fair value or better. Generally, I aim for an 80/20 split of income from blue chips and CEFs, respectively. I also manage risk from an income perspective, not really worrying about position sizing based on cost. No more than 5% of portfolio from any one company, no more than 2% from any one CEF. Helps to limit me to 16 companies and 10 CEFs, a quantity I can keep up with. Figuring, as you do, that the CEF's will eventually have to cut, and it's easier to replace that with a blue chip down the road if the impact is relatively small. I think I was just looking for a little reassurance, HA! Thanks again!