12-08-2023, 09:32 AM
My hope is that the ROTH IRA gets to around $300k by retirement. Then, with a yield averaging out to 10%, it gives me a nice $30k base that is tax-free.
There are other high yielders I could add; OMF and BXSL in particular I am interested in as well. I try to avoid high yielders that lose value over time, although FSK is down 10% in the past 5 years, but that's not bad.
Most of these don't raise dividends year after year in a linear fashion like traditional DGI, but for instance if you look at ARCC, it was paying $.38 in 2017 and now it is up to $.48. Still, dividend raises here aren't essential, as the yields are already very high. I'm more interested in capital preservation. Standard DGI with nice qualified dividends will come from the non-retirement brokerage account.
There are other high yielders I could add; OMF and BXSL in particular I am interested in as well. I try to avoid high yielders that lose value over time, although FSK is down 10% in the past 5 years, but that's not bad.
Most of these don't raise dividends year after year in a linear fashion like traditional DGI, but for instance if you look at ARCC, it was paying $.38 in 2017 and now it is up to $.48. Still, dividend raises here aren't essential, as the yields are already very high. I'm more interested in capital preservation. Standard DGI with nice qualified dividends will come from the non-retirement brokerage account.