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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (256)	8/5/2021 6:20:48 PM
From: chowder	3 Recommendations Recommended By Menominee The Beard Waitress Read Replies (2) \| Respond to of 21740

Re: Older Folk Portfolio ... Replacements. Today I liquidated the position in T and replaced it with DPG .. SPE .. CCD .. ECC .. DDF .. CHW .. EXD .. ETW .. PRU .. UNP. T had announced a dividend cut and is going to spin off the media business. I decided to replace that lost income by selling out of T and finding replacements that would generate as much income as T was. The sale of T generated $146K in proceeds to be invested immediately. Listed below are the yields and position sizes of the replacements, some are new and some were simply added to. Added To: Symbol .. Yield .. Position Size DPG .... 9.95% ... $29,506 ECC .... 8.87% ... $30,226 SPE .... 8.37% ... $29,781 CCD ... 7.43% ... $30,124 PRU ... 4.51% ... $28,478 UNP ... 1.95% ... $16,207 New Positions: ETW .... 7.85% ... $20,149 CHW ... 7.63% ... $19,785 EXD .... 7.19% ... $20,189 DDF .... 6.68% ... $20,053 When I have a company cut its dividend, and I decide to sell it, I don't look to replace it with one holding, I'll spread the cash out over several positions while at the same time making up for the lost income as a result of the dividend cut.