We speak freely here in hopes of being helpful so feel free to defend your position. Is this a plan or your current port?
I might consider that port if I was 70yrs old and desired very high current income, but I doubt I would even then. You are under 50 right? You need much more growth potential in that port. I do hold some high yielders, and consider anything yielding 6%+ as inherently risky. We currently live in a world of zero rates and sketchy finance. We don't know when, but there are some bad years ahead for risky financing and dying industries. At a glance it looks like you are open to putting 50% of your port in oil, T and MO? I don't like that strategy even a little for a 47yr old.
I might consider that port if I was 70yrs old and desired very high current income, but I doubt I would even then. You are under 50 right? You need much more growth potential in that port. I do hold some high yielders, and consider anything yielding 6%+ as inherently risky. We currently live in a world of zero rates and sketchy finance. We don't know when, but there are some bad years ahead for risky financing and dying industries. At a glance it looks like you are open to putting 50% of your port in oil, T and MO? I don't like that strategy even a little for a 47yr old.