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REMAINING DEFENSIVE

January 29, 2020. The Core Portfolio is now at 13% in CASH, one of the highest levels we have had in years.

McDonalds, Starbucks et al are closing 1000s of stores in China. Obviously this will affect revenue and profits—negatively.

Yes the market was higher yesterday and is already up 11 for SPY today. BUT WE REMAIN DEFENSIVE. IF we see a bargain out there that is ‘on sale’ we will buy. But right now we suggest you sit on your hands.

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Really interesting article about Trump rally data.

https://townhall.com/columnists/bradparscale/2020/01/27/trump-rally-data-show-a-clear-winning-coalition-in-2020-n2560202

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.

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