Vito54

Two Water Transport Plays - Besides DryShips

Just remember that anyone willing to play in the Dry bulk shipping arena needs a cast iron stomach, this is an extremely volatile sector with wild swings in stock price. Patience is rewarded when the sector is on an upswing run and pps can drop back just as quickly.

So don't panic if your position drops into the red for a stretch of time, wait out the cycle and sell into run ups. I traded DRYS from the 60's to the 110 range and stepped to the sidelines right before the drop back to the 70's.

I am long in GNK and NAT (both good dividend pays) but use DRYS for trading purposes only right now

7 Stocks for a High Yield Cash Flow Portfolio

The only comment I would add is that when considering the Canadian trusts, pay close attention to the IRS implications regarding taxes. Most of these Canadian trusts deduct Canadian taxes up front and you need to file additional paperwork to recoup them on the Federal forms. I do agree that solid dividend companies help stabilize a portfolio, but I recently have been leaning towards preferred shares of companies for steady div yields.