What I Am Buying Today.

[ken-do-nim]

(03-30-2022, 09:32 AM)MrFortune Wrote:

(03-30-2022, 06:03 AM)ken-do-nim Wrote: My March moves update:

I decided to liquidate my large position in Target, and smaller positions in Taiwan Semi and Texas Instruments.  With the proceeds over the course of the month + dividend reinvestment I bulked up BroadCom, Apple, Microsoft, Hewlett Packard, Seagate, SCHD, RQI and others.

I'm also planning to liquidate AT&T next week after the spinoff is complete and with half the proceeds bulk up Nvidia, and with the other half bulk up some of the high div payers like RA so that I don't lose ground on total dividends.

Be very careful with RQI

Keep in mind RQI is a leveraged fund by at least 25%. Higher volatility and a bigger beta prevail. It's yield does not outweigh the risk for a fund only paying 5.97 % at the close of todays NAV. In major corrections this fund has collapsed from Feb of 2007 to Mar of 2009 it went from 27.15 to 1.52 and the dividend dropped much lower after that. Than in Oct 2019 to March of 2020. It went from 16.05 to 5.80 . That is risk way over the top with huge swings that are devastating for only a 6 percent yield. You can double the Yield with other Funds/etf's like XYLD and QYLD. Just trying to help you out 

Yes those drops are true, but it does rebound, though it has never reached where it was in Feb 2007.  I have a decent position; it pays me $20/month.  I probably won't exceed that by much.