OXLC - More Candidates For The 15%+ Current Yield Portfolio
I have written about a portfolio where the most important constraint is to only include securities with current yields above 15%. Other constraints are the typical retail IRA account restrictions which preclude the use of short-selling, margin borrowing, most options strategies and futures contracts. Some brokerage firms also impose additional constraints on IRA accounts. I suspect that there are many individuals, particularly those either partially or totally retired, who either have somewhat similar constraints or they might possibly benefit from adopting them. There is nothing magic about the 15%+ current yield threshold. Originally, in 2001,