The once standard 60/40 portfolio (e.g. 60% stocks and 40% bonds) is far less appealing to many investors than it used to be—simply because bond yield are so unattractively low, especially as compared to where they were just a few decades ago (see chart below). Of course stocks and bonds are fundamentally different types of investments, but if it’s simply safe steady income you seek, it may behoove you to consider the attractive income provided by owning certain blue chips dividend stocks in lieu of bonds. In this article, we review four specific blue chip stocks (two popular classic examples, plus two more that we really like going forward), and then conclude with a few ideas on how you may want to structure your own investment portfolio, especially considering the traditional 60/40 split just isn’t cutting it for a lot of investors.