high dividend/income stocks seem to be powering ahead, yes they are expensive ,I am not buying them, waiting for traditional sell off in may to top up ,retirees should aim for 10.00% return which gives a good lifestyle .. Banks/tls have given this and more over the last 4/5 years ,,yes at todays prices the return is around 6-7% after franking and with 3-4% growth which you get by fact of dividend growth you get your 10%..I am waiting for IVC to come back --- too expensive at present to give some diversification .. everyone agrees the growth is going to be hard to come by for banks/tls and all have shown that buying overseas has been a failure ,, they need to capitalise on the massive SMSF industry which none have targeted in a big way. .remember== trade what you see not what you think ..==
