12-12-2013, 11:56 AM
I don't have a clue. But if the portfolio had been 100% invest in DG types of stocks, I'm sure the stream would have not taken too much of a beating outside of financials. I took a hit on both banks and on MREITs and BDC's but exited all well before their worst drops. Problem is that the cash was moved into more 'conservative investments', which still got significant hair cuts. Like I say, even if the dividend stream stays intact, it is hard to watch 50% of your life savings evaporate on paper. It is also hard to feel paralyzed, being 100% invested and unable to take advantage of the crash.
Alex