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Strategies & Market Trends : Dividend investing for retirement

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Recommended by:
B.O. Plenty
Mannie
To: Mannie who wrote (24935)7/5/2016 2:40:17 PM
From: E_K_S2 Recommendations   of 34328
 
I started a position in SSW last week w/ a similar yield as SFL. I still own 5x more SFL and probably will add at/below $13.5/share. The only reason for SSW was they did a secondary last week at 10% higher levels.

Their new container ships will utilize the expanded Panama Canal route making it more efficient for their customers. I still think both companies are vulnerable to any world economic slowdown.

I am maintaining current exposure and putting new money into Gabelli Dividend & Income Trust, 5.25% Series G Cumulative Preferred Shares (GDVpG) which is Aaa rated by Moody's

I was going to use that a a place to park cash reserves. The preferred is pretty liquid too and is 15% tax preferred. Still trying to Buy at PAR $25.00 last $25.30/share (5.2% yield) at the current price.

EKS
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