My primary objective is income replacement! ... The objective is to start earning an income stream now, to replace the income that will be earned throughout the working years. I want that income to be reliable, predictable and increasing. The income stream will need to continue to grow to stay ahead of inflation.
The strategy is to focus on the safety of the dividend first, then to focus on the growth of the dividend, and then to focus on total return. The formula to be used to put this strategy into effect is:
High Quality + High Current Yield + High Growth Of Yield = High Total Returns.
Telecom: T and VZ ... (FTR - Spinoff shares from VZ only.)
Financial: None
Energy: COP, CVX, MHR, SDRL and TPZ
Health: JNJ
Tobacco: MO and PM
Industrial: LMT
Tech: ADP and INTC
CEF's: ETO, DSM and VMO
The link below will bring you to one of the portfolios I manage. It's a real portfolio, with real money. I update it monthly outlining everything that goes on within the portfolio.
PROJECT $3 MILLION:
http://project3million.blogspot.com/
SNAPSHOT
Description: Full time investor.
Trading frequency: Monthly
The strategy is to focus on the safety of the dividend first, then to focus on the growth of the dividend, and then to focus on total return. The formula to be used to put this strategy into effect is:
High Quality + High Current Yield + High Growth Of Yield = High Total Returns.
Current Portfolio:
Utilities: AVA, D, LNT, PNY, SO, SRE, UNS and WEC
MLP's: EPD, KMI, ...More