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No. of Recommendations: 6
Everyone is concerned to some degree if the prices of the stocks they own go down. However, if you are invested solely for the income the stock produces each year, why do you care what the price of the stock is as long as the dividend is secure? In my own case, my first concern is the security of the dividend. If the dividend is secure, it will serve as a buffer against the stock price falling too far i.e., as the stock price falls the yield increases thus making the stock more attractive to income investors. So, if your primary concern is income, I suggest that you focus on the question of how secure is the dividend, not what is the price of stock going to do. Just my free advice and free advice is often worth no more than it cost.

Jim Sullivan aka 8128
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