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Looking for a solid long term Dividend payer (Monthly / Quarterly)
XLU getting a beatingI've been averaging down on XLU. It pays around 3%. I can't understand why it is heading down so much but the lower it goes, the better the buy! :)
I was also averaging down on XLE, but cashed it in. It pays around 4.5%.
Ground Zero drives me nuts! While I was taking profits on XLE, he was buying! Of course, I sold a little too early!
I am also into PFF (preferred). It pays around 4.6%. I plan to average down if it corrects.
I think that our very corrupt federal government will do everything it can to keep interest rates low, despite the fact that they are currently heading higher.