The “negatives” so to speak seem to be that those suggesting this plan appear to view the prospect of owning these stocks in the same lense as one would view Treasury securities with a 6% coupon.A relative recently moved into senior assisted living facility. The following six dividend payers (KMI, UGI, Mo, ENB, O, and Vz) were suggested to provide the necessary annual income since she has enough savings that if invested at 6% the dividends would be sufficient. What are the negatives in doing something like this? Comments appreciated.
Unfortunately- dividends aren’t the same. There is no guarantee that buyiing these stocks will produce an annual income of 6% of the total assets.
Statistics: Posted by coachd50 — Thu Sep 12, 2024 11:21 pm — Replies 4 — Views 228