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Hi MrBurns, I remember you talking about TLS about 12 Months ago, since then it's jumped nearly 30%. Still not a bad investment now, I hold quite a few and have been collecting those juicy dividends for many years now.

Anyhow no use crying over what could have been and better to look forward. You can still pull 5.46% from your Rabodirect account which is at call, not too bad. Sounds like it isn't enough for you, it isn't for me either so I've had to look elsewhere with higher risk too.

All my bank stocks are well up and in the green and all along they have been paying very strong dividends. I also invest quite a fair chunk of my capital in Subordinated Notes, Preference shares, Hybrids and floating rate notes. Some of these are paying up to 11% gross income. Take a look at the Hybrid Securities thread HERE, you might find that one useful. I spread my holdings over several companies to limit risk. None of mine went under during the GFC and none stopped paying distributions.

If you are not happy with 5.46% from a bank (safe and secure) then maybe property might not be for you either. Not taking capital gains or losses into consideration, the returns from a rental property only bags me around 4% net.

The only way out is taking on some risk, I don't know how comfortable you are with that. A lot of research and close reading of the prospectuses is needed too, good luck.