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Would appreciate all opinions! Got about 12yrs till retirement, a Roth IRA with 3 sets of stocks/preferred stocks/LPs (all high yielding) where one set pays in the months of 1,4,7,10 the next set pays in the months of 2,5,8,11 and the last set pays in 3,6,9,12. Adding to these till 54, then at 59 1/2 based on the average monthly dividend income from this portfolio asking the custodian to send me a check each month. Therefore, using only the div. income and not the principle for as long as possible. Of course, this would only be a suppliment to my pension. My concern is: WHAT could be wrong here? Can something go wrong with the Preferred stocks, the company stocks, the Limited Partnerships (these trade like stocks, e.g. BPL), or what...? Thanks for any opinions offered.
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