Yesterday I sold more of my stake in WPC to diversify my portfolio more. I was a little weary of this trade as I am going from one REIT to another, but my goal for this trade was to reduce my exposure to WPC, not reduce my exposure to REIT's.
Here is a great analysis of HCP's dividend: http://www.suredividend.com/hcp-dividend-safety/
- Sold 25 shares of WPC at $61.56 for a total of $1539 (still own 75 shares of WPC)
- Bought 50 shares of HCP at $31.80 for a total of $1590
Full portfolio here.
What do you think of my move?
Disclaimer: I am not a licensed investment professional. I am not liable for any losses suffered by any parties. Any information on this site is my opinion only and should not be used for investments of any kind.