When you invest in what you know, you have an advantage. This is what Warren Buffett calls your Circle of Competence, and knowing where it begins and ends is essential for every investor.

I finally ripped the band-aid off and sold both AT&T (T) and Verizon (VZ). With the proceeds from the sale, I made a big buy on these 5 dividend stocks.

In this article, I’m discussing two dividend stocks I’m most definitely planning on selling, as well as two more that I’m considering selling.