12-08-2021, 06:33 AM
Looks like a decent portfolio overall.
I know you said you aren't worried about AAPL being such a huge percentage but I think that now I do understand why you feel like selling some AAPL (and GOOGL) periodically in order to supplement your cash flows. It just makes sense to trim, especially AAPL which is a huge percentage of your portfolio but provides a tiny part of the dividend income.
Unfortunately I do not think there are many good solutions for "fixing" the fact that MO and ABBV both generate over 10% of your dividend income. What I would do in your shoes, if I were adamant on fixing this issue, would be to sell a small part of AAPL and a small part of one or both of those high yielders and buy something in the 3-4% yield range that you like with the proceeds of those sales. You'll lower your exposure to AAPL, you'll lower your exposure to the dividend of MO&ABBV, and when calculated correctly these moves won't affect your dividend income at all.
I know you said you aren't worried about AAPL being such a huge percentage but I think that now I do understand why you feel like selling some AAPL (and GOOGL) periodically in order to supplement your cash flows. It just makes sense to trim, especially AAPL which is a huge percentage of your portfolio but provides a tiny part of the dividend income.
Unfortunately I do not think there are many good solutions for "fixing" the fact that MO and ABBV both generate over 10% of your dividend income. What I would do in your shoes, if I were adamant on fixing this issue, would be to sell a small part of AAPL and a small part of one or both of those high yielders and buy something in the 3-4% yield range that you like with the proceeds of those sales. You'll lower your exposure to AAPL, you'll lower your exposure to the dividend of MO&ABBV, and when calculated correctly these moves won't affect your dividend income at all.