Cornerstone Strategic Value Fund (CLM)

[bar1080]

I currently own no "dividend stocks" although I'm semi-retired. I'm an avid follower of Buffett with lots of money in index funds for 30+ years, and in about 15 individual growth issues that I almost never trade. I read lots of academic studies that suggest "The More You Trade The More You Lose." I'm certain that frequent trading is one of the most damaging things investors do.

My stocks all pay market div rates of about 1%-2%. For years I've owned blue chips such as 3M, Comcast, Rockwell Automation, Boeing and Cintas. Much of my money is in muni and corporate bonds. Such stuff breezed thru the 2001 Dot Com Collapse and eventually came thru the Great Recession after scaring the Bejesus out of me!

All of my stocks have doubled their payouts or more in recent years.

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For entertainment I follow Ultra High Payout stocks such as CLM and CRF and what I call "Alphabet stocks"... mREITS, BDCs, MLPs which I consider gimmicky sucker bets. I have no idea how anyone does DD on mREITS, for example, when they are so highly leveraged and use inscrutable hedging. The most laughable thing a stock (like CLM) can do is pay ROC... and charge the investor for that.