March Dividend Income Report - Covid-19 Portfolio Construction Guide

I have a strong concentration in financial services, consumer cyclicals and tech stocks.
If there is one sector I would put more money in right now, it would be tech dividend stocks.
Since I'm not looking to generate immediate income, I have little interest in utilities and REITs.
In September 2017, I received slightly over $100K as a result of the commuted value of my pension plan. I decided to invest 100% of this money into dividend growth stocks. Each month, I publish my results. I don't do this to brag. I do this to show you it is possible to build a portfolio during an all-time high market… and stay confident during a hectic one! In the meantime, I enjoy cashing some juicy and consistent dividends!
COVID-19 Portfolio Construction Guide I've discussed how to review your portfolio and select interesting companies many times over the years here on that blog. The main strategy remains the same, but I wanted to bring you some specifics by using my own portfolio as an example.
Here's the process I followed when I reviewed my own portfolio.
Sector allocation is key Pull out any investment books, and they will tell you that asset allocation is one of the most crucial factors explaining your portfolio performance. The choices you make when you invest in specific assets or sectors will determine the fate of your money. Here's my asset allocation as of March 18th (taken from my DSR PRO report):

As you will note, I have a strong concentration in financial services, consumer cyclicals and tech stocks. In fact, 74% of my portfolio is concentrated in those three sectors. I first looked at those sectors to determine if I wanted to keep the same allocation. Let's look at them one by one.
Technology: I've mentioned it several times in the past two months: tech dividend stocks are among the safest plays in a recession. Apple (Nasdaq: AAPL) and Microsoft (Nasdaq: MSFT) show over $100B in cash or equivalent each while TXN has $5B in cash and only $2B... Read more