Based on current market prices and dividend yields, this portfolio generates approximately $77,500 annually at a 3.1% weighted average yield. Johnson & Johnson yields 2.31%, Microsoft 0.74%, Procter & Gamble 2.85%, Coca-Cola 2.86%, and Verizon 6.92%. That falls short of the $100,000 a 4% withdrawal rate would provide and misses the growth component that's driven wealth creation over the past decade.
So yeah, the day after earnings, initially it was up 7% from announcing earnings. When I looked after hours, it was down 15. when the market opened, it was down 45%. I had someone text me and say, "This seems like the kind of sell off you only see an accounting scandal." I said, "Yeah, it seems like exaggeration." They said, "I'm gonna buy."