We are going to look at the diversification of my dividend paying stocks and see where i need to go. Of course i am not going to just buy a stock to buy a stock but if one is close to being a good deal i will buy it. The goal of diversification is to help ward off dividend cuts and such. Lots of people instantly sell on dividend cuts but i think its a case by case look at each cut when it happens.
With 8 sectors I am a little underweight in some so the goal is going to be to bring the smaller groups off. Some sell off the top and add to the bottom. I am just going to add as i see fit and hope it gets better as it gets going along. Of course it could get worse if a top sector goes on sale and I am able to buy some at the time. we wont just add just to add to even things out just like I am not going to sell just to add to the bottom. So as the years get going we will see how this stacks later on.
How is your diversification?