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: Waitress who wrote (2468)	5/9/2024 12:41:32 PM
From: chowder	3 Recommendations Recommended By jopapgh Menominee Waitress Respond to of 22004

Re: I have cash in SPAXX and was thinking I should move some of it into other investments. Any advice, recommendations welcome, thank you. Laddering CD's is certainly an idea as long as rates stay up. In some of the retirement portfolios, I have been adding to mid-range yielding companies with the idea they would continue increasing dividends going forward, which would be helpful a few years out in the event interest rates are lower. Some of those are the usual suspects: DUK .. ABBV .. SO .. KO .. PEP .. PG .. AMGN. The yields are respectable and the potential for increasing dividends is there as well. The focus of course being the income stream.

To: Waitress who wrote (2468)	5/9/2024 1:20:48 PM
From: jritz0	1 Recommendation Recommended By Waitress Respond to of 22004

RE: " The OFP has a lot of CEF's that I don't really understand in terms of buying and selling. I prefer long term since I'm flying by the seat of my pants, haha. In the meantime I have cash in SPAXX and was thinking I should move some of it into other investments. Any advice, recommendations welcome, thank you." My largest position is QDPL, I think it is perfect for situations such as this. QDPL is an ETF that invests roughly 87% in SPY the other 13% is collateral in treasuries used to purchase S&P dividend futures. This is a pretty simple, easy to understand concept. Buying the dividend futures plus the treasury yield produces 4x the yield of SPY (roughly 6% currently). The cool thing about this ETF compared to option ETF/CEFs is capital gains aren't capped from the options. It is also somewhat tax advantaged so it can be considered in a taxable account unlike many option/equity ETF/CEFs. People may be uncomfortable investing in a newer ETF, but this fund has been thru both a bear market and bull and has performed as advertised. I used it to jettison most my low/no growth stocks, REITs and UTEs bought for the dividends that don't come close to matching the market. I'm not trying to pump this fund, just trying to make people aware much like Ron used to do with SCHD (which I also hold)