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RTX - The Retirees' Dividend Portfolio: John And Jane's May Taxable Account Update
Raytheon Technologies Corporation
As the market has rallied over the last few months we have taken this opportunity to sell out of some of John and Jane's high-cost positions in order to rebuild the cash reserve that they had prior to COVID-19. When COVID first came about we used the panic to make purchases of stocks at prices that haven't been seen in quite some time. Ultimately, this allowed us to increase the number of shares held in the Taxable Account but we always planned to sell some of these positions when the share price moved back in-line