California boy now retired and living in Mexico. Investing interests include dividend growth Blue Chip stocks/ADRs, REITs, Preferred Stocks. Given a recent need for more current income, I reconfigured my portfolio which is now about 70% in high yield stocks, yoc=4+%, which includes Preferred stocks (8%), and REITs (27%). A smaller percentage (30%) is in stocks yielding under 4%. I am favoring the REIT sector, obviously, which has done very well since 2000. https://novelinvestor.com/asset-class-returns/ and which I expect will continue to do so in the medium and long terms. On a sector basis, my top sectors are: REITS (27%), Consumer Staples (8.8%), Healthcare (8.8%), Preferreds (8.1%). Since I choose to hold no more than 30, ALL of my stocks are important to me, there really aren´t any Core stocks per se. That said, they are not equally weighted. My top five positions are: CASH (11.3%), T (6.5%), XLP (5.0%), XLU (5.0%), ETN (5.0%), RDS.B (4.1%), DLR (4.1%). My High Yield positions (over 4% yoc) holdings are: AHH, AMH-E, BIP, BRG-A, BXMT, CIO, CLDT, DLR, ETN, LXP, LXP-C, NLY-E, RDS.B, STAG, T, UBA, WPC, XLU. My lower yielding stocks are: EXR, JNJ, MDT, RHS, SYK, XLP. Non-dividend: AMZN. I have reconfigured my portfolio style for the last time. SA contributor Bruce Miller and his "Retirement Investing for INCOME ONLY" has really influenced me, as has Brad Thomas. I came to investing relatively late in my life and didn´t become a DGI investor until 2011 when I retired. In short order I discovered that I needed more current cash than the classic DGI approach would give me now. especially for my wife´s RMD. It seemed our portfolio sizes weren´t large enough to accomplish this and I didn´t have the time to let compounding work it´s magic. The SA DGI crowd doesn´t seem to ever advocate holding significant holdings in REITS and Preferreds for income, focusing primarily on dividend growth. I understand this, but it was not working for me. It seems they assume that everyone has a seven figure portfolio, or will have one by retirement time. So, my portfolio went from being 100% the classic Blue Chip DGI, to 70% high yield with modest dividend CAGR (5 yr 5% or better), of course this does not apply to Preferreds. I followed Bruce Miller´s investing philosophy, and Brad's on REITS and now my portfolio meets my cash needs. I like this 70/30 ratio and it works for me. Another ratio may be better for someone else.