Dividend Sensei's Portfolio Update 47: Overcoming Adversity And Soaring To New Heights
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Note that due to reader requests I've decided to break up my weekly portfolio updates into three parts: commentary, economic update, portfolio summary, stats, & watch lists. This is to avoid excessively long articles and maximize the utility to my readers.
This week's commentary explains how to build a safe high-yield retirement portfolio including 10 World Class Blue Chips To Get Your Started.
The economic update explains why you should ignore the media's obsession with overblown crises and focus on America's strong economic fundamentals (which are at a seven-month high).
Introduction First, let me be very clear that this is my personal portfolio tailored to my specific financial situation, risk profile, time horizon, and personality traits. I am not recommending anyone mirror this portfolio. My situation is that I'm about to turn 32 but consider this portfolio an income-focused retirement one (though in a taxable account so I can use modest amounts of margin).
I'm also working full-time (self-employed) and thus able to continually add to this portfolio. I do not plan to actually tap the portfolio's income stream for 14 to 20 years, when I plan to move my family (and help support my parents) to the promised land of my people (retired dividend investors): Coastal Florida.
What this portfolio can be used for is investing ideas; however, this portfolio includes high-, low-, as well as medium-risk stocks, so... Read more