Quote:
Originally Posted by Sieg
I like that style of "high-risk" in my portfolio!  |
Me too!
I use JNK and HYG and NLY as my 'balance' in one stock account to bring the overall dividend payout UP... from the lower payouts of the Coke and JNJ etc. BUT --- Don't mistake that for being greedy -- they are VERY SMALL percentages of my overall invested dollars --- and I have a quite healthy MUNI BOND portfolio that is "super safe"... But also major boring and notoriously low yield.
Remember -- MUNI BONDS like that are bought for blue haired old ladies (me) and have an income stream that is tax free -- but for that safety and yield -- you'll GET ZERO GROWTH in your capital! I can "trade them" -- every one of mine has a face value above where I bought them -- but then that's not why I bought them. I bought them to have a safe income stream that is tax free... so that's what I'll stick to.