My Favorite High-Yield Names In Today's Market

It’s been a little while since I’ve published anything here at Seeking Alpha. I’ve made a push these last couple of weeks to finish my novel, so I’ve been spending a lot of my time writing that. It’s been a long time coming, but the first draft is finally completed. Now I’ve got 140,000 words to edit. But before I start that process, I wanted to pen a piece here to update followers on what I’ve been thinking about with regard to the markets.
Raising the average yield of my portfolio is something that is nearly always on my mind. This is especially the case when the markets is trading at all-time highs. In short, I think the market is overdue for a correction. I’m not calling for recession or a crash or anything like that, but volatility has been too low for too long in the market and I think it’s about time that weak hands are flushed out of the system.
When I’m concerned about weakness in the markets, I focus in on my income stream. My dividends are an anchor for me. I put a lot of focus on dividend safety and sustainable dividend growth when making investment decisions and I feel confident about the reliability of my portfolio’s income stream, even in the event of a bear market. It’s easier for me to stay rational in the face of volatility and disregard temporary share price movement when I know my income stream is intact. What’s more, my portfolio’s income stream allows me to take advantage... Read more