A 3% yield is easy enough to achieve and is sustainable. A year ago, if you had that 3% yield, you had $15,000 in disposable income and $500K to add to your estate. A year later it was easily worth $600K, if it is now worth $540K and you're still getting sustainable income, what's the problem? If it drops to $500K and you're still getting sustainable income...what's the problem?
The problem with the markets is that people look at the numbers on a daily basis, and listen to TV investment shows which thrive on excitement.
Planning now for retirement later? Buy fiberglass. There's a fiberglass show in Boston soon and with the (temporary) "downturn" you might just find a deal. Can't imagine retiring without a solid position in fiberglass.
Check out Morningstar's "Dividend Investor" newsletter/portfolio and relax.
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