How would you create $1000 a month new cashflow in current markets

[pb4uski]

.... when the market decides to take back the past 8 years of gains

What makes you so confident that will happen?

 

[brokrken]

In the past month I've been putting this income portfolio together, right now it's generating $850/mo, looking to add another 2 issues that will get me to $1000 on around a 70k outlay

Thanks for the ideas! Not a bad little mix for a small portion of your portfolio in high yield

 

[97guns]

What makes you so confident that will happen?

It's not my call, it's Wahoo's. If that was my thinking I wouldn't have thrown $60k at the market in the past month

 

[UnrealizedPotential]

Thanks for the ideas! Not a bad little mix for a small portion of your portfolio in high yield

I am familiar with a few of those. Yes, the yields are high, but they are very volatile. I am not sure if any of those have been tested in a true bear market. I wouldn't put more than 5 or 6% of my portfolio in total in any of them.

That way if the SHTF you can survive. Otherwise you are really gambling, especially with the market at all time highs. But yes, the yields are compelling, just be careful, you can get burned with these.

 

[97guns]

I am familiar with a few of those. Yes, the yields are high, but they are very volatile. I am not sure if any of those have been tested in a true bear market. I wouldn't put more than 5 or 6% of my portfolio in total in any of them.

That way if the SHTF you can survive. Otherwise you are really gambling, especially with the market at all time highs. But yes, the yields are compelling, just be careful, you can get burned with these.

I understand they are high risk, I've done all the due diligence that I know how, most of these issues have been pretty beat up and I was value shopping when I happened onto them.

 

[brokrken]

I am familiar with a few of those. Yes, the yields are high, but they are very volatile. I am not sure if any of those have been tested in a true bear market. I wouldn't put more than 5 or 6% of my portfolio in total in any of them.

That way if the SHTF you can survive. Otherwise you are really gambling, especially with the market at all time highs. But yes, the yields are compelling, just be careful, you can get burned with these.

Fully Agree, which is why I said "small portion"!

 

[UnrealizedPotential]

I understand they are high risk, I've done all the due diligence that I know how, most of these issues have been pretty beat up and I was value shopping when I happened onto them.

Okay. I am not against them. I own one myself. But it is a very small position, so I won't get hurt if things go south.

 

[UnrealizedPotential]

Fully Agree, which is why I said "small portion"!

Okay.

 

[97guns]

Those issues represent 100% of my stock allocation but less than 5% of overall portfolio

 

[REWahoo]

...when the market decides to take back the past 8 years of gains

What makes you so confident that will happen?

It's not my call, it's Wahoo's.

That's not what I said:

...when the market decides to take back some of what it has given us over the past 8 years...

 

[pb4uski]

and I agree that a correction at some point is a distinct possibility.... but giving up 8 years of gains is beyond remote other than perhaps in 97guns' mind.... I sort of thought that you were being misquoted and am glad that you clarified it.