My Ideal Dividend Portfolio: Mostly REITs Coupled With High-Yielding Blue Chip Stocks

I consider the day I retire from my nine-to-five job and live off of dividend checks the highest pinnacle of investing success. To that end, I am actively building an income portfolio that will eventually allow me to retire comfortably. For weeks I have been reading articles on Seeking Alpha trying to find ideas regarding the stocks that should comprise a solid investment portfolio, and I have been surprised by the core stocks recommended by other authors because of the low yields these stocks offer. Most articles suggest investing in blue-chips with a history of raising dividends; however, I propose that the core of an investment portfolio should be comprised of the highest yielding dividend instruments. Let’s analyze Colgate-Palmolive (CL) as an example. This company has raised dividends for 47 consecutive years and now pays 2.32% annually, but this return does not even keep up with inflation during most years.... Read more