“WHEN” should I get started?
This decision is up to you. The sooner you start, the sooner you can realize the income stream that Income Planner has put together in its recommended portfolios.
At the beginning of 2007, I created nine unique portfolios that can still be viewed and/or used today if so desired. However, going into 2008, I revised my approach to make it easier for subscribers to understand and track their returns. Therefore the new portfolios are what I have named the 7.5% taxable bond portfolio, the tax-free bond portfolio, two ETF portfolios designed for growth and a "create your own" portfolio consisting of a diversified list of closed-end funds and individual securities paying high dividends.
The original portfolios (conservative, moderate and aggressive) are based on the amount of investable assets you may want to commit to this program. The portfolios are for $20,000, $50,000 and $100,000. Assets of a larger amount or something in between can just be distributed appropriately among the securities listed based once again on what you feel comfortable. For example, if you have $150,000 or $200,000 to invest, just add half as much again or double the amount in the $100,000 portfolio. If you have $10,000 or $25,000, then do half the amount of the $20,000 and $50,000 portfolio.
As of February 2, 2007, the income stream in these portfolios is the following:
| Amount |
Conservative |
Moderate |
Aggressive |
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| $ 20,000 |
7.4% +/- |
8.4% +/- |
9.6% +/- |
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| $ 50,000 |
7.3% +/- |
8.4% +/- |
9.1% +/- |
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| $100,000 |
7.9% +/- |
8.4% +/- |
9.1% +/- |
The yields on these portfolios will fluctuate somewhat over time as the share prices of the securities selected rise or fall in value. If the share price rises too much (thus lowering the yield) another security might take its place. If the share price falls, the yield will be greater and the securty will be replaced only if there is a significant event that may have caused it.
In addition, there is a list of other generous paying income securities that an investor can research and determine whether they would feel comfortable in substituting or adding to any of those in our recommended portfolios.
There are income securities that can generate significantly higher dividends, however that comes with a substantial increase in risk and volatility. Once again, only you can determine how suitable it is based on your own risk tolerance.
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