I couldn't quite keep to my plan of holding cash and bought more GOV (under $20), LXP (under $6), BDN ($7.2), COR (around $13), AHT ($7). So I essentially sold a few nicely valued stocks because (even though) their stock price has held up, and bought higher paying div reits that showed that their profitability was sustainable during the last crunch.
i.e. sold KBM, ABT, UNP, OFC-G, and some utilities.
and for tax losses -- swapped GOV for OFC, and ADM for BG.
portfolio yield > 7%.
i agree with you on the risks to the economy. will add that misplaced austerity will also hit state and municipal governments more and more in USA. energy and other stocks are tied to the economy, while buildings (reits) are less tied -- esp data center buildings, building leased to the IRS, and things like that. |
