Even in today’s market, you could get $100K on $2.5 million. Five years ago, you could have easily gotten that on $2 million.
Naturally, there is some risk involved. Stock prices will go up and down, and dividends are reduced and increased. The last five years, it’s been prices up and dividends up.
In such a portfolio, I would recommend about 20 common stocks, 5 preferreds, and 5 REITS. All good names, nothing too risky, with allocation across sectors.
Thank you for your response. Are there financial advisors who specialize in this sort of portfolio construction? Or can any of them do this?