Subject: Re: Dividends
He is drawing down his portfolio and spoke about a key idea which favor dividend paying stocks - predictability.
I used to believe this.
Then I watched as retiree darling AT&T cut its dividend in half.
No one talks about dividend cuts or suspensions.
I much prefer to manufacture my own dividend by selling shares. That also gives you the ability to control your income. But selling shares is too big a psychological hurdle for most people.