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"What to do in the meanwhile?"

I'm holding my stock positions. I don't really hardly ever sell any positions (I hold mostly broad based ETFs like the S&P 500, small cap, mid cap, REITs, etc...) I just add to them during big market sell-offs.

Like you, I've picked up another preferred or two, namely BAC/PL & WFC/PZ. I've also been adding a couple CEFs. The latest being BSTZ & BCAT. Not getting crazy with it, just modest positions.

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