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

To: chowder who wrote (1089)	8/29/2022 4:19:31 PM
From: chowder	5 Recommendations Recommended By INCOGNIT0$ Markbn misscbd red cardinal Timelord2020 Respond to of 21841

Re: Old Folk Portfolio ... Tax Loss Selling This portfolio is in the withdrawal phase. $4,000 per month is coming out of the portfolio and those gains are taxable. There was some other capital gains realized as well so I had about $38K in gains that needed to be offset. There were two funds in this portfolio that have underperformed to the point that most of the capital gains were offset by these two funds, so today I sold: ASG .. 5044 shares BST .. 988 shares I still have positions in both of these funds in the tax deferred accounts. With the proceeds from the sale of these two funds I added to the high yielding BDC's and ETF's. ARCC ... 1094 shares HTGC ... 792 shares JEPI ..... 283 shares ORCC .. 1200 shares The income lost from the two funds sold was $5,889 annually. The income gained from the new add ons is $5,916 annually. I have a net gain in income and a tax loss benefit to boot.

To: chowder who wrote (1089)

9/10/2022 4:53:56 PM

From: chowder

1 Recommendation

Recommended By
Menominee

Read Replies (1) | Respond to of 21841

Re: Old Folk Portfolio ... New Positions and Add On Buys

Primary Objective: $300,000 in annual dividend cash flows.

This portfolio is in the withdrawal phase with $4,000 in dividends being withdrawn each month.

With the excess dividends the following positions were added to:

ARCC .. 154.639 shares .. 8.61% yield
NIE .. 44.504 shares .. 8.88% yield
RFI .. 88.527 shares .. 6.70% yield
MO .. 20.022 shares .. 8.25% yield

A full position in this portfolio is $60,000.

This brings these positions up in size to the following:

MO ...... $100,602
ARCC .. $47,605
RFI ...... $43,555
NIE ...... $19,603

All CEF's in this account are set up on dividend reinvestment, all other dividends are collected in cash and invested selectively.

The annual dividend cash flow is currently at $282,537.