Recent content by dobig

With this little rebound in the 10 year started moving some funds into PFF and PFXF to lock in some nice 6% income. Really like WFCPRL and BACPRL but decided to minimize risk with corporate preferred etfs instead.

Taking a bit of a different approach. Been plowing into SCHD with a current yield of 3.62%. Don't care very much about capital appreciation. What I do care about is the historical rise in yield. In 2013 dividends paid .90 cents. Today they pay around $2.65. If over the next 10 years I...

Yep. This thread would be a whole lot more fun knowing no matter what happened they won.

So basically we should be panic buying medium to long duration fixed income? Half kidding but I need to settle down and not go on a buying spree after selling off more than half my corporate preferreds and bonds yesterday morning thinking we came down too fast on the 10 year and I was sitting...

I have both UTF and UTG I bought at good discounts but having trouble finding some others at a discount I feel comfortable with. Any you like you'd be willing to share?

Cheese, Gundlach also believes once we hit that we'll start seeing interest rates rise again due to the inflationary response to fighting the next recession which he expects early to mid next year. See 5:50 in video.

I see a yield of 2.21% for NOBL?

I would like some feedback on my thinking. For simplicity say I'm investing $100k into SCHD looking for retirement income. Current yield is around 3.8%. In the past 10 years dividend has grown almost 400% albeit in a zero rate environment. Capital appreciation is almost double in that...

I had bought some PDT, UTF and UTG on the recent dip. All around 9 - 10% dividend. Not the biggest fan of leveraged CEF's but I only have around $30k in all 3. If it works out I figure they'll pay for my property taxes in retirement off a pretty small bet.

I just started buying small quantities of that last week. Currently 1% of portfolio with plan to eventually get to 10%. Current yield 3.34%. 10 year return lags SCHD 10.12% vs 11.80% but that's fine with me for diversification though I see they do hold some of the same stocks. SCHD...

Yeah when I started digging into SCHD I saw the dividend has grown from around .70 cents in 2013 to $2.65 today. If I could get half that kind of dividend growth over the next decade I'd be pretty darn happy.

What are your favorite dividend etf's and what are your goals (retirement income, safety, growth, etc,)? I prefer dividend growth over higher yield so currently in SCHD and VYM but would like to add some diversity for safety. Looking at SPYD and VPU but dividend growth seems lackluster but...

Yes it is a slight concern which is why I'm only buying these from the #2 and #4 banks in term of size in the US. I would imagine if any of these large banks suspended or just decided they didn't want to pay these dividends any longer it would be extremely detrimental to any future debt issuance.

Not sure what the conversion is for the BACPRL but for the Wells Fargo, if I'm reading it right, it is 130% of the conversion price of $156.71 after 20 of 30 consecutive trading days. I don't see that happening. https://www.quantumonline.com/search.cfm?tickersymbol=WFC-L&sopt=symbol

Loading up on WFCPRL and BRCPRL. I remember Mulligan saying preferreds could get hit if the economy falters and credit spreads widen but I've decided I can deal with that if I'm getting 7% dividends.