I love selling puts but my wife and I also have a portfolio of dividend growth stocks which we hope will provide the income we need for retirement without having to liquidate the principal. Our portfolio as of today contains the following stocks:
Johnson & Johnson
Intel
AT&T
Realty Income Corp
Phillip Morris
Exxon Mobil
Microsoft
Proctor & Gamble
Coca-Cola
McDonald's
Altria Group
Conono-Phillips
Phillips 66 (spun off from Conoco)
Wal-Mart
Kimberly Clark
Pepsico
Lowe's
For the purpose of diversification I will probably add a financial dividend growth stock like Aflac and a utility like Southern Company. Are you all aware of the the Dividend Champions, Challengers and Contenders list? Google it, it's awesome.
I noticed that many of the stocks are international companies. Theirs lots of companies involved in consumers staples on the list. The demand for consumer staples will increase as countries like china continue to grow. Walmart has retail stores in china and they could not figure out why laundry detergent was not selling in their stores they conducted some research and found out most of the chinese citizens are not yet wealthy enough to afford washing machines. Goes to show you that companies like proctor and gamble among others have only scratched the surface when it comes to the demand for their products overseas.
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