First half of ’15 has simply flown by, i’ve been keeping myself busy with a ton of other pursuits while the dividend income keeps churning through.
This month’s dividend income came in at $535.79, almost half of what i made in June 2014. What are you doing Tales? You’re going the wrong way man! Well, last year i received a large one off payment from Veolia ( VE ) for about $340 or so plus i was receiving dividends from ARCP at the time. So all else being equal, i’m still on track. Next month i should be about $300 or so above what i made last year so it all averages out eventually. Not concerned at all.
I have been following the market a lot in the mornings but i haven’t been taking any action, all this stuff with Greece will drive you insane. I am preparing to take advantages of some great value plays if things rapidly go south. Also keeping a keen eye on China, it appears they are in the midst of having their ‘2000’ moment on the Shenzen + Shanghai comp right now – down around 30%? Government is being pro-active this week so we’ll see how this plays out, if we get down to 50-60% i’ll be loading the boat like there is no tomorrow.
BABA continues to play funny but tracking it for an 18 month trade, watching the $80 carefully and preparing to buy more in the $70s if we get down there. Remember Singles day is not that far off ( November 11th ) – watching the vol to see if we get some implied volatility running into this.
Mulling more renewable energy plays for multi-decade investments given the significant change in weather patterns that are becoming more and more frequent the last 5 years. Solar is starting to look interesting again but not seeing any decent dividends yet.
Have a great weekend.