I am current looking for high dividend yielding investments (stocks, bonds or mutual funds) to supplement my current income during the pre-retirement years. My current research has provided the following stocks: HYF, PHY, VLCCF, DUR and NAT. I am willing to share any and all research information.
any particular industies? PFE and BLS both yeild around 4-5% right now, and you can get yeilds approaching 10% in both the financial and the energy industries. Check out ALD CEI FGP and APU.
My goal is a portfolio of investments with a yield of 12+% or about $10 per/month for each $1,000 invested. I know that higher yields are an indication of higher risk :smack: , but a $50,000 investment for a $500 monthly income is reasonable.
On this side of the pond, safe investments are more like 2-4%. Surely you can’t expect such high returns consistently e.g. if there is a Middle East oil crisis.
Oh I’m not sure I completely agree with this…I’ve had Pfizer for more than 2 decades, it’s split, several times - most recently when they acquired Warner Lambert. My Microsoft, Cisco, Johnson & Johnson, Bayer have all been reliabale highend stocks. Then again I always stick with the heavy hitter’s and never go with the longshots. After the hit we all took last year (lost nearly 500K I will only ever go with the solid boys out there. For instance, I will would never buy Google, but I will certainly buy more Intel…Stomes - 12% is pretty high goal for a pre-retirement next egg builder…why not go with the more solid less risky buys?
:smack: I didn’t finish my first sentence…in my post! That’s what I get for posting whilst doing several other things…
It should read: Oh I’m not sure I completely agree with this…I’ve had Pfizer for more than 2 decades, it’s split, several times - most recently when they acquired Warner Lambert - I find the heavy hitters and more reliable buys are better for me…
HYF and PHY aren’t companies. They are closed-end junk bond funds, hence the high yield. That’s not to say they are BAD, but they are a different sort of investment than stock in a regular company, and should be considered differently.
Lots of things besides normal corporate stocks trade on the major exchanges - closed-end funds, ETFs, royalty trusts, limited partnerships, REITs … comparing these things to shares in corporations like JNJ is comparing apples and oranges. If you just scan for symbols with high yields attached, a lot of these things is what you are probably going to come up with. Different considerations apply in evaluating these different sorts of entities.
ALD is a “regulated investment company” (RIC).
How high a dividend are you looking for? I ask because the highest-paying stock I own, Boeing, pays something like a quarter a share. That’s not exactly a large amount when I hold all of about three shares.