I always try to keep some high yield dividend paying component in System9 account.Stocks are usually no good, as there are many scams. The rest is a bunch of mortgage reit's, oil trusts, etc that pay for months, but then suddenly drop 30-50% in a day. Then there are telecoms..., but I already have them in mut fund. So an idea is to stay with liquid names, etf's with low(er) expense ratio, but with a hand on ejection button.
I have utilities fund, AMLP, IYR
http://stockcharts.com/freecharts/candleglance.html?AMLP,FIUIX,IYR,PSP,REM,HYLD,SDIV,dvy,HYG,JNK,LQD,PCY|B|P5,3,3
PSP is Listed Private Equity from PowerShares. Exp over 2%. Yield 13% paid quarterly.
REM is residential and commercial mortgages from iShares. Exp under 0.5%. 36 holdings. 10-15% quart.
IYR is real estate stocks and reit's. Same expense, but only 4% yield quarterly.
HYLD is actively managed corporate junk bonds from AdvisorShares. Exp 1.25%. Yield 8% monthly.
SDIV is dividend stocks from GlobalX. Exp 0.58%; yield 6%
Thinking about switching from IYR to REM, and add PSP
but softly. My schemes have been blowing up lately
My go to has been LO as of late. They have a big fat cash cow in Newports and they have a shooting star in Blu E-cigs, 4.7% divvi not bad at all....
ReplyDeleteAgree completely. I bought LO on first reaction after that March pop. It withheld recent rout very well. Reaction to 50-52 area is the key, as this thing seems to rally 10 points from wherever it finds the bottom.
ReplyDeleteAs for divi - check out GEO