YARP Strikes Again
2 position increased, 1 reduced as tactical dividend environment remains bullish
Reason #59 why I’m glad I created YARP tactical dividend investing: it usually doesn’t matter what the market is doing.
All that really matters is that the 40 stocks I own are at least reasonable chart-wise, and that their underlying business health is strong. And when the former gets less so, big positions in the portfolio are not sold entirely, but are reduced. And when the reward looks decent to great and dividend ex date is approaching, I am likely to raise that stock’s weighting.
Paid subscribers will find stock position changes as follows:
1% to 3%
2% to 5%
3% to 1%
(Booking 22% profit plus a recent dividend payment in 5 weeks)
Do not for a minute take these updates as my “selling” performance or expecting that YARP investing works 100% of the time. Nothing does. But this is a tech-driven, narrow market where the stock selection process, but more importantly how it fits within my overall objective for the portfolio, is where my enthusiasm is based.