Income Triple Plays
August 10, 2010 at 08:40 AM EDT
Tomorrow is my dad’s 63rd birthday and his card is on its way. Of course, I already sent him a few presents more than a week ago — the first recommendations for his new income portfolio. And I’m happy to say that those first positions are doing great so far. One of them — a foreign utility company — already produced a 6.3 percent return in the first six trading days my dad owned it (and that includes the commission to buy it). Let me put that into perspective for you: While it represents just four percent of the overall portfolio, this one income stock has already handed dad four times the return he would have received…