SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Young and Older Folk Portfolio

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
red cardinal
To: chowder who wrote (930)4/14/2022 9:46:44 AM
From: chowder1 Recommendation  Read Replies (1) of 22057
 
Re: Old Folk Portfolio ... More Adjustments

This portfolio has a lot of cash to put to use between the monthly dividends and the de-leveraging of CEF's. I am putting a good bit of that cash to work today.

I am trimming DNP once again, what had been a position close to $200K in value will be down to $50K after today and I do plan on keeping the remaining shares.

I am selling DDF and will be out of that position.

I will be buying a few high yield assets.

JEPI - 7.58% yield
BME - 5.52%
BMEZ - 9.08%

The remaining buys are all value plays and some of these are also high yield plays, but value is the reason they are being purchased.

T .. BTI .. MDLZ .. BMO .. OCSL .. ARCC .. CM .. DHI .. BIPC .. MS .. TD .. TJX.

Later today I will present a list of all the companies I considered to be undervalued after the close yesterday.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext