SMHD - mREIT-Based ETNs Now Have A Larger Role In The 15%+ Current Yield Constrained Portfolio
Status of the 15%+ Current Yield Constrained Portfolio
I maintain a portfolio constrained to only contain securities with current yields in excess of 15% at the time of purchase. Other constraints include the typical IRA and other retirement account restrictions that preclude borrowing on margin and the use of futures contracts. I suspect that there are many individuals, particularly those either partially or totally retired, who either have somewhat similar constraints or could possibly benefit from adopting them.
Given those constraints, the universe of possible investments is very limited. Other than junk bonds and other