01-07-2015, 04:11 PM
That is were I eventually settled. Of course it probably varies with stage of savings. Since we are now taking distributions, I'm shooting for a reasonable average current yield of around 5%, with some that yield a bit more and some a good bit less, but all of which have decent chance of moderate to good growth. I just don't have time or patience to wait on a 1.8% yield or a 2.5% yield to turn into something meaningful. The only time that I buy such low yielding issues, it is with the intention of a moderate term trade or for a covered call play, where the cash flow is juiced quite a bit from the call sell.
Alex