No. of Recommendations: 2
Yep, that's why my bond allocation is atypically small.

You can have a 6.7% dividend from Verizon. Not exactly impeccable quality, but how low down the bond junk chain do you have to go to get that yield?

Or there is GOV, a REIT that rents office space to government entities. The government will not downsize, and will pay its rent, so I consider the dividend secure, and that dividend is over 6%.

I bought my first bond over 40 years ago, and for years had close to 100% fixed income. Below 50% now, for me is totally uncharacteristic, but 3.5-4% on a 10-year treasury? I still have what was a 30-year treasury paying me 8 3/4%, and I bought below par.

It is things like this that have driven me to stocks.

Best wishes, Chris
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