02-28-2024, 08:58 AM
(This post was last modified: 02-29-2024, 10:36 AM by ken-do-nim.)
(12-02-2023, 07:43 AM)ken-do-nim Wrote: When I retire, I plan to switch the ROTH IRA investments over to income generation, as follows:
Jan/April/July/October dividend - FSK
March/May/August/November dividend - HTGC (for some reason this one delays the Feb payment to March)
March/June/September/December dividend - ARCC
Update: I am swapping out FSK for BXSL. I am concerned that the former won't be able to keep its price up. In general, I try not to own anything that is negative in the last 5 years. FSK is now -26% in the last 5 years. Fenders once noted that the highest it seems a stock can go in yield and keep its price is about 8%, at most 10%. FS KKR is over 12%. Blackstone on the other hand is at the bleeding edge of 10.29% yield, and eeks out a +3.24% in the last 5 years. It is also giving regular dividend raises.
As for OMF, that can go in the taxable account, as it will be able to supply qualified dividends. I think it's a DGI dream stock.