The trade decisions you are contemplating or already executed seem rational to me with your goal in mind.
-CBRL dividend will be gone at least for quarters and growth rate may be lackluster for years. A special dividend won't surprise me but that will likely be years. away.
-OXY had to go. It doesn't matter that they may recover. Risk reward should be present in every retirement port, and it's just not their if you are objective. It"s not like you will miss the oil ride since you depoyed the funds to CVX and EOG.
-I think IBM is just going to keep being IBM for the long-term.
-An ABT trim may be good as long as you catch it up high. I would never tell anyone to sell ABT completely, but the Fastgraphs chart don't lie right now. BMY seems like a good destination for the proceeds from an income perspective, and perhaps even SP appreciation over the next few years. Pharma is tough to predict other than trusting the company. We never know who will have the next blockbuster,or just a few too many busts 3-5 years from now.
-I've just not been a fan of WFC for a long time. I see other banks I prefer. I'll leave you alone on that one. I know you don't want to give up that WFC Div.
I think your annual income growth goal will become more challenging going forward, but a goal is never a bad idea. Best of luck to you as always.
-CBRL dividend will be gone at least for quarters and growth rate may be lackluster for years. A special dividend won't surprise me but that will likely be years. away.
-OXY had to go. It doesn't matter that they may recover. Risk reward should be present in every retirement port, and it's just not their if you are objective. It"s not like you will miss the oil ride since you depoyed the funds to CVX and EOG.
-I think IBM is just going to keep being IBM for the long-term.
-An ABT trim may be good as long as you catch it up high. I would never tell anyone to sell ABT completely, but the Fastgraphs chart don't lie right now. BMY seems like a good destination for the proceeds from an income perspective, and perhaps even SP appreciation over the next few years. Pharma is tough to predict other than trusting the company. We never know who will have the next blockbuster,or just a few too many busts 3-5 years from now.
-I've just not been a fan of WFC for a long time. I see other banks I prefer. I'll leave you alone on that one. I know you don't want to give up that WFC Div.
I think your annual income growth goal will become more challenging going forward, but a goal is never a bad idea. Best of luck to you as always.