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04-21-2024, 03:29 PM
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Sage
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Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
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Quote:
Originally Posted by MplsPete
Although this is not what you're asking for, I have had positive results, on a strictly dividend basis, for MANY years, with HPF, HPI, and HPS. I don't know how they do it exactly, but the interest keeps rolling in.
Currently, CDs and money markets will get 5% without much effort. I know, blah blah blah inflation . . . but I only need another 20 years or so, and most stocks I buy go down.
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Thank you. I checked them out. They are CEFs, The management fees run 1.21% and there are other expenses. They do pay high dividends but their five year performance seriously lags the 71% of the S&P 500. HPF's was 11.31%; HPI's was 3.37%; HPS's was 17%. Lagging the S&P 500 is of course expected of high dividend ETFs but at age 82 I am realigning my portfolio from growth to dividend stocks.
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Last edited by manaboutown; 04-21-2024 at 04:03 PM.
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