— Chris Volk
The aim is to have a pool of rising cash flow that covers a reasonable amount of my living costs so that I do not need to be dependent on capital gains, margin loans or market moves.
Historically, I have found it a challenge to find dividend yields approximating 5%. Keep in mind that most pension funds have actuarial return assumptions in the area of 7% (and often less), which means that a 5% dividend company only need to produce 2% annual growth.
Timing a market bottom is hard, but I know a good deal when I see it. Net Lease REIT’s may head lower as volatility, economic concerns and a “casino market” reign. Meanwhile 5% is amazing and I’m a buyer.”