Investing for income through dividends and distributions
When investing for income the last thing you want to hear is one of your holdings announcing a dividend cut. That is the case with AT&T. They announced Monday that they will be spinning off Warner Media and Discovery into a new publicly traded company. As a result the company will reduce it’s dividend payout…
The American Families Plan will bring changes that may effect how you invest. Be cautious this year with how you manage your assets. You don’t want to make any drastic changes until this new law is set in stone. Top marginal rate increase to 39.6% Top capital gains rate on long term gains for those…
In addition to news and dividend information, on this episode, I cover my Low Yield portfolio.
Here’s some good news. Seems people are out there continuing to spend. Retail sales are up. Retail sales—a measure of purchases at stores, at restaurants and online—overall were unchanged last month from March, the Commerce Department reported Friday. That kept spending at the same pace set by March’s upwardly revised 10.7% advance, which was influenced by…
Here is a review of my Low Yield Portfolio. It is the first account I created when heading down the path of investing for income. Being an IRA I cannot touch the money until I turn 59 1/2 years old (I’m 54 now) therefore all of the dividends received get reinvested. This portfolio is designed…
Banks are looking to share data about customers in order to issue them credit cards. While good for some people who need credit cards and are responsible this is likely to open the floodgates to easy credit for people who maybe should not have it. It reminds me of relaxed mortgage requirements from 2005 through…