OneRichOne

8 High-Yielding Stocks for Income Investors

I retired in 2002 because the company wanted to give some people a buy-out. I started looking for ways to get a good growth of my IRA. I started out looking only for high dividend stocks only. That turned out to not be the best way to search as I found a lot of them were mortgage REIT's. I got burned on Impact Mortgage IMH and a couple of others. I refined my search to include debt to equity ratio and this turned out much better results. Since 2002, my IRA has grown by over 5X. I invest in a varity of companies, a couple in your article. I want my average dividends to be over 7% because when I turn 70-1/2 I will be required to take out of the IRA about 7%. Meantime I just keep re-investing the dividends and adding more diversity. I currently have positions in 33 different companies and hope to add more.