This is directed to those of you (probably already retired or about to be) and need of an INCOME flow. Besides the obvious CD's, Treasuries, I--bonds and Tips, with the desire for a little higher yield (6 1/2% and up) what would you consider for an income flow. I am somewhat risk tolerant, as I would offset the more risky insvestments with safer choices as well.
Most of the Reits paying a decent yield are quite expensive now. The Canadian Trusts have just received a blow from the Canadian Gov. Selecting Dividend Funds or stocks of course would work, but would require a very large portfolio to produce enough.
Selecting a venue for income to live on, while letting your equity portion of your portfolio alone, would be the objective. Any suggestions should be with the mind set that you allready own these yourself, or would purchase at some future date.
With keeping the objective of at least a 6 1/2% YIELD, the only catagories I know of whould be in the following catagories:
Individual Bonds
High Yield Bond Funds
Preferred Stocks
Canadian Trusts
Reits
Any suggestions that make sense now.
Most of the Reits paying a decent yield are quite expensive now. The Canadian Trusts have just received a blow from the Canadian Gov. Selecting Dividend Funds or stocks of course would work, but would require a very large portfolio to produce enough.
Selecting a venue for income to live on, while letting your equity portion of your portfolio alone, would be the objective. Any suggestions should be with the mind set that you allready own these yourself, or would purchase at some future date.
With keeping the objective of at least a 6 1/2% YIELD, the only catagories I know of whould be in the following catagories:
Individual Bonds
High Yield Bond Funds
Preferred Stocks
Canadian Trusts
Reits
Any suggestions that make sense now.