willydo

4 Key Paths to Portfolio Flexibility in 2009

Sail,
Thanks for the comments. I guess I am looking for an income stream as I am nearing retirement and envy people who talk about holding xxx or yyy MLP fund etc for the last 10 years making 7-10% per year. So it would be great to hold dividends like that but these etf's are also making good capital gains as well.

The only danger in selling them is that it is not always easy to get back in, as you know. I definitely would sell them if they drop below the purchase price but if they are paying 10%, they double in value every 7 years!
Thanks

4 Key Paths to Portfolio Flexibility in 2009

Hey me3debby,

There was a great article in Kiplingers about how to invest 100k for income streams. They give you about 3 different senarios depending on your needs etc.
The article is called "Investments that pay you every month" and can be found here: www.kiplinger.com/colu...

4 Key Paths to Portfolio Flexibility in 2009

On these high income etfs, I have a question about selling them. I own a few of these types that pay anywhere from 7 to 18% when picked up at recent prices (PFF, PCF, FCO, FAX, REZ, etc.). So as these trend up and let's say they spike fairly high during a Bear rally where you are up maybe 25-30% and then start to come down again.
Should I hold them as long as they don't break my initial buy price because the long term payouts could be so high or should I sell just like any other stock and try to get back in at the lower price????
Thanks,
Willydo