January 9, 2020. We have seen this before. The markets are now severely over bought BUT seemingly want to continue higher. We may see a pull back.
We continue to suggest that you exercise caution in buying new stock or bond positions. Having lived thru several large market declines, we can confirm that the pain is really tough to take.
We have sold some positions, and are HESITATING on buying or adding to the Core Portfolio. The best approach right now is to simply observe and do nothing…and be prepared to sell. WE ARE STILL INVESTED IN ALL CORE PORTFOLIO POSITIONS
Which bring us to inverse funds. If SPY declines, you may want to consider shorting stocks using SH, which goes UP when SPY goes down.
Trump Doesn’t Want Voters to Know How Much His Family’s Trips Cost Taxpayers. This is really shocking. GO HERE FOR ARTICLE
Inflation is running up to 13%, NOT the 2% the lying government is telling us. GO HERE for the website.
NOW IN OUR 8TH YEAR. NOTE TO NEW READERS: Before you buy anything we discuss here, GO to the Core Portfolio tab to see a CURRENT listing of holdings. Dividend Income Investor is designed for investors seeking income by using preferreds, BDCs, REITs, Closed End Funds, baby bonds and corporate bonds. Don’t forget to hit the like button. Go Here For “About“ Our host WordPress is running ads in the blog and we receive NO compensation from this advertising.