Cory has gone through SARs 2002 , Asian Financial Crisis 1997 and Global Financial Crisis 2008. We also have Grexit, Brexit, Tsunami and China Sneeze 2007. Looks like Covid-19 will be another if we survived and why not for a dividend investor. In fact we should thrive to drive through next higher level of dividends.
The main key is capital preservation and allocation. To achieve both, the emotional aspect of an investor is in question. Cory do this by having 25% Bonds today. As family man, state of mind is important especially 2nd daughter just born ! And time is limited to monitor the market as he wishes.
This is a figure that balance reasonable money left for dividend Investing and growth. The other is to size the core equity segment to the size where in worst case situation Cory can hold and sleep. Their business fundamentals are stable. Fill the remaining gap with STI index if picking skills not so good like Cory.