Watching our portfolio's

[xray]

  As a current retiree, and using the standard 4% yearly return as the usual standard of return, we should always observe our portfolio's each week to observe any major changes and that we are "LOCKING IN" our yearly percentages and what we want to achieve each and every Qtr. Many of us use "more risk" in our portfolio's and increase the 4% guide because of market experience. With that said....

 We just ended the 1st QTR and thus we should have "locked in 1%" (or much more dependent on our individual goals and objectives). If retiree's in the market have not achieved this, my personal recommendation is to go to your financial advisor (especially if not having made some very good returns over the last few years)....

 Retiree's looking for additional income in the market (income oriented investing), with their current income, usually use "dividends + CapGains" to achieve their Goals & Objectives. Many of us have already "harvested" our 1st Qtr CapGains and have the current dividends (projected to the end of the year) in establishing our "Lock-in". We realize that dividends can be cut substantially (usually -2% on average/Yr against the portfolio average dividend shown) but some of us will use 8% as a current Qtrly goal and objective as a guide. Keep in mind that we always need to buy "UNDERVALUED" securities and those securities usually not in favor currently (and always pass our individual analysis)....

 Something to think about....
One single opinion of the many I am sure....

Live Long and Prosper....

[xray]

Added comment:

Be "AWARE" that dividend oriented investors use "EOY's" (end of year payouts) to be added to the "current dividends" for the coming year (in this case 2022) when collecting the extra x-div announcement (eligible for). This (when using our excel worksheets} now shows the "total" dividends for 2022 and thus "increases" the total dividends to be received for the year 2022....

Example: AVK with a current dividend of $0.1172/Monthly ($1.4064/Yr). Add their supplemental EOY of $1.387385 (announced on 12/14 with x-div 12/22, pay 12/31) and the total dividend for 2022 is now $2.7938/Yr. The market price, along with the new NAV dropped accordingly to both the December div + the supplemental. Some of us watched the known drop that was coming in both MktPrc and NAV, knowing chart watchers would sell, and we bought back at 14.85 and added a few more shares after the insider MktBuy at 14.68 on 3/14. We seldom get their MktBuyPrc's but we can get within a dollar of them (IMHO). Income investors get a big boost in dividend currently "if" they are still holding the same amount of shares....

Live Long and Prosper....

[alvinthechipmunk]

Apr 5, 2022 21:07:20 GMT bb2 said:

Wow. Didn't understand much of this.  Seems to be a situation that's cutting it close.
It's a wiggly world, anything can happen.  Too tight a rein seems impossible to manage.

You didn't understand much of this? Me, too. I ALMOST could. Retired here, but I'm an odd duck: I don't have to worry about draw-down percentages and all that stuff. Wife still works. No taxes owed--- though not much of a tax refund, either. What her income provides keeps the portfolio from shrinking too badly, even in a year like 2022. I/we just don't need to tap it much, if at all. A market-day like today doesn't feel good. But the portfolio is diversified. Hanging in, not bailing out. Some of my stuff is inching its way back up to the zero-line toward the break-even point. Best performer in 2022 has been TRAMX. 

[bb2]

OK, I read more slowly. I spend little time managing a portfolio that carefully. I just buy and sell stocks as I see fit.

Edit:  I guess it's like watching the pennies and the let dollars take care of themselves.  I watch my trades and the portfolio takes care of itself.  There's always money there to spend.

And yes, Alvin quoted between my post and my edit.