My Diversified, High-Yield Portfolio - Part 2

In the first part of this article, I laid out my diversified, high-yielding portfolio comprised of stocks, preferred stocks, ETFs, and closed-end funds here. In this article, I'd like to expand on one of the opening statements of Part I -- that the portfolio is constructed to provide nice risk-adjusted returns, with "risk-adjusted" being the operative word. Portfolio Comments I received a number of beneficial comments on specific holdings of the portfolio. Tom in Texas wrote, "[Cheniere Energy] CQP plans to export LGN by expanding their facility in the next several years, but in the meantime, I can only see declining revenues." I have done some additional due diligence on CQP, and after reading other discussions on this stock, coupled with the latest earnings report, I decided to sell my CQP position and replace it with another MLP, Enterprises Products Partners (EPD). EPD just increased its dividend, and its 10-year... Read more