Thought I would take time to recap. The 1/3 cash position, Ive mentioned. Now about the next level, which should be also 1/3. Thats cos. that pay dividends. To save time, and perhaps add to the credibility of what Im suggesting, I would refer to those who know more than I. Ive recommended Amy C. of Street Authority, but you can do your own research. Divide this portion into 3 as well, like the portfolio. 1) This is the bread and butter of your portfolio, in that it will eventually provide what you need to supplement Soc. Sec. to provide an income. 2) Level 1 is to find stable dividend payers that will always pay monthly. Those we dont track on a chart. 3) Level 2 is find Stable cos. that pay increasing dividends. We look at those guys every couple weeks, and follow advice. 4) Level 3 is to find cos. that pay an extremely high dividend with strong potential for growth. We do track those on a weekly, monthly chart. Only a few minutes a week to do comparisons. I know this sounds confusing, but let me assure, the 3rd part of my portfolio provides everything music provided, sometimes much less. Sometimes though...... Most all of my info. is retrieved from Yahoo finance. My apologies for the inconvenience of these posts to those who have no interest, I just wanted em on my time line to save time.
Posted on: Sun, 19 Oct 2014 05:03:09 +0000