We are in our 70s and invest in dividends. Our yield is around 8% on ten stocks. We fail to see the wisdom in TIPS because the real rate of return is less plus those interest payments are taxed at the highest possible IRS rates. Dividends, when qualified, are less taxed. Can you address what we are missing? Our assumptions are based upon having a reliable dividend stream and we base that on historical increases in dividends plus their payout ratios. Example is MO. Please enlighten us.
