08-03-2021, 12:05 PM
(08-03-2021, 11:38 AM)So, I think it all depends on where you are on your road to retirement. I am trying to help my mom - she has ~40% of her portfolio in the vanilla S&P ETF, the rest is cash... growth isn\t important to her - capital preservation and income are. She would be very happy earning 4-5% on something that doesn't decline in value over 10 years... Wrote: [quote pid='27746' dateline='1628006378']You got ideas on these slow growth companies that are safe in that yield range?
That's a target you can hit without unnecessary risk. She is likely to see some capital appreciation as well. There are not a lot of them at the moment but when the defensive sectors dip you can grab a slow growth company that doesn't have a lot for fleas, but does have a solid dividend history.
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Where were you last year?
Ask me again in about a month. Maybe we can buy them together. I try to be one of those buy low and sell high if I am gonna sell at all guys. If I am honest though I sold 15 of them the past year as they flew to the moon like I never expected. Use your brokerage software and do a screen for stocks that pay 3.50 to 3.75% now. Weed out the garbage and get your watch list ready. Some of them will come to you eventually. At some point you'll have more than you can even buy.