What I Am Buying Today.

[ken-do-nim]

(12-27-2022, 02:57 AM)crimsonghost747 Wrote:

(12-26-2022, 01:30 PM)Kerim Wrote: Hey-ooo. Yeah, my crystal ball has been especially cloudy lately. Mostly I've dealt with this by sitting tight. Nibbling a very few shares here and there -- mostly averaging down in underwater positions. Dividend income holding pretty steady, which I guess is one of the main reasons we do this!

Yes indeed, this is exactly the reason why I chose to go with DGI. 
As most of you may remember, this was my first year (well most of it anyway) in retirement. And it certainly was a dodgy one when looking at my portfolios performance. However, so far there hasn't been a single dividend cut so I'm not worried at all, quite the opposite actually. 

Also, having a pretty large cash balance really gives me some peace of mind in times like these. Though of course with this inflation it's not really a smart move to have too much cash for too long.

My cap goes off to all of you who retired recently, and didn't have to un-retire.