Potential $5,000 Monthly Income: 10 Investments To Buy And Hold For Next 10 Years

Nov. 23, 2024 9:00 AM ETAAPL, ADX, AVGO, BLK, BMY, COP, CSCO, CVX, EOG, EPD, ET, GLD, GLDM, GOOG, GOOGL, HD, JEPQ, LIN, LLY, LMT, META, MO, MPLX, MRO, MSFT, NVDA, PEO, RNP, SCHD, STK, TXN, UPS, UTG, VAW, VZ, XLB, XLE, XOM11 Comments
(24min)

Summary

  • We present a highly diversified yet simple portfolio of 10 positions, with 9 funds and one individual MLP stock.
  • The portfolio has been designed for retirees and investors planning for retirement, with a 6% current income yield and potentially 6% plus dividend growth.
  • The portfolio presented uses a hands-off approach, and it is diversified among many asset classes as well as different sectors of the economy to be able to withstand different economic cycles in the next 10 years.
  • Looking for a portfolio of ideas like this one? Members of High Income DIY Portfolios get exclusive access to our subscriber-only portfolios. Learn More »

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Introduction:

In this article, we aim to select 10 investments, including some ETFs (Exchange-Traded Funds) and some CEFs (Closed-End Funds), for folks who are going to retire in the next 10 years. Furthermore, this portfolio is for someone who is not very



High Income DIY Portfolios: The primary goal of "High Income DIY Portfolios" Marketplace service is high income with low risk and preservation of capital. It provides DIY investors with vital information and portfolio/asset allocation strategies to help create stable, long-term passive income with sustainable yields. The portfolios are designed for Income-Investors (including retirees or near-retirees). We provide seven portfolios: 3 buy-and-hold, 3 Rotational portfolios, and 3-Bucket NPP Model Portfolio. This includes two High-Income portfolios, two DGI portfolios, and a conservative NPP strategy portfolio with low drawdowns and high growth. For more details or a two-week free trial, please click here.

This article was written by

Financially Free Investor is a financial writer with 25 years investment experience. He focuses on investing in dividend-growing stocks with a long-term horizon. He applies a unique 3-basket investment approach that aims for 30% lower drawdowns, 6% current income, and market-beating growth on a long-term basis and he focuses on dividend-growing stocks with a long-term horizon.

He runs the investing group High Income DIY Portfolios which provides vital strategies for portfolio management and asset allocation to help create stable, long-term passive income with sustainable yields. The service includes a total of 10 model portfolios with a range of income targets for varying levels of risk, buy and sell alerts, and live chat. Learn more.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of ABT, ABBV, CI, JNJ, PFE, NVS, NVO, AZN, UNH, CL, CLX, UL, NSRGY, PG, TSN, ADM, BTI, MO, PM, KO, PEP, EXC, D, DEA, DEO, ENB, MCD, BAC, PRU, UPS, WMT, WBA, CVS, LOW, AAPL, IBM, CSCO, MSFT, INTC, T, VZ, CVX, XOM, VLO, ABB, ITW, MMM, LMT, LYB, RIO, O, NNN, WPC, ARCC, ARDC, AWF, BME, BST, CHI, DNP, USA, UTF, UTG, RFI, RNP, RQI, EVT, EOS, FFC, GOF, HQH, HTA, IFN, HYB, JPC, JPS, TLT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Disclaimer: The information presented in this article is for informational purposes only and in no way should be construed as financial advice or recommendation to buy or sell any stock. The author is not a financial advisor. Please always do further research and do your own due diligence before making any investments. Every effort has been made to present the data/information accurately; however, the author does not claim 100% accuracy. The stock portfolios presented here are model portfolios for demonstration purposes. For the complete list of our LONG positions, please see our profile on Seeking Alpha.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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