12-26-2022, 03:51 PM
(This post was last modified: 12-26-2022, 03:54 PM by ken-do-nim.)
(12-26-2022, 02:55 PM)rayray Wrote: as long as one is in the accumulation phase these times usually work out well, with time and patience
Yes, thank goodness I took this beating with 10-15 years to go until retirement.
My dividend income has been a bit of a yo-yo. RIO, VALE, and BX all reduced their dividends over the course of 2022, while my "big 3" quarterly payers FSK (1/4/7/10), HTGC (2/5/8/11), and ARCC (3/6/9/12) all increased their dividends substantially. Others like ECC and RQI are giving bonus payouts. I've also dipped my toe into the ginormous dividend payer ZIM (another 3/6/9/12) which fluctuates a lot each quarter (while its price has fallen precipitously!). Right now none of my months are less than $600, so I have SCHD on automatic purchase for $200, another $400 goes to checking, leaving me nothing extra in the lean months, but 3/6/9/12 still has another $500 - $800 or so leftover. I will probably focus on down-trodden tech for a while with those funds, as well as cautiously add more ZIM.