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 (7867)	8/10/2024 2:30:40 PM
From: SoCalGal	Read Replies (1) \| Respond to of 22291

Thanks so much! That sounds totally workable and very easy to implement. I might shed a tear or two when selling AVGO, but I still have it in my taxable account . . . for the moment. What would you suggest I do with future dividend income?

To: chowder who wrote (7867)	8/10/2024 4:17:11 PM
From: jritz0	Read Replies (1) \| Respond to of 22291

Re: I'm comfortable bumping it up to maybe $125k to $130k right now, if that is possible I would have concerns with ASGI, they are using a managed distribution policy of 12% of nav so the distributions will change and I don't think they can continue to pay 12% based on their nav performance. They are in a situation with SABA where they are trying to close the discount and they do that by bumping the distribution even if it is unsustainable. By the way, I believe this might be the fund macbolan mentioned about changing the monthly distribution. I didn't buy them earlier when I was looking for a ute CEF because of the size of the distribution. They could earn it in this environment but too many moving parts for me to invest in.