For now, we are considering stocks with dividend yields in the 2.5% to 7% range. In addition, we are not buying securities which are limited partnerships due to the tax complexity of owning the shares.
Stocks we are considering include the following companies: Intel (INTC), Phillip Morris (PM), Boeing (BA) and Johnson & Johnson (JNJ). I have already purchased and sold Verizon (VZ) and Altria (MO) which I may buy back if the market declines.
Disclosures: At time of publication, we own Intel and Phillip Morris in our trading accounts and Boeing in our managed accounts.
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