08-03-2021, 08:59 AM
(08-03-2021, 08:45 AM)Genester Wrote:If you like yield traps it is. Take a look at a 10 or 20 year chart. It's a picture of a shareholder paying their own dividend since forever. If you have a $100 bill in your right pocket just put it in your other pocket and get a 100% yield today.(08-02-2021, 10:33 PM)ken-do-nim Wrote:(08-02-2021, 06:26 PM)NilesMike Wrote:(08-02-2021, 05:40 PM)ken-do-nim Wrote: ****Every one of those has drawdowns of>35%, no thanks.
Edit: Bonus stock AGNC, with its 9.06% yield, which I sold last week, nets $20,254.19 so it's overall solid.
Right, these high yielders suit my needs at present. The really safe capital preservation funds for when I'm retired I haven't researched yet, but I doubt they fall into the "high yield" bucket. I interpret high yield as 7%+, others may think differently about it. Other than endorse MO, I haven't seen any other recommendations, although in other threads I see a lot of forum members like BTI.
Is AGNC at a good price point now?