Well October flew by super quick and things are continuing nicely in dividend land.
In October 2014 made $550.41. This time i made $353.03. Ok Tales, big deal, i make that in my sleep. So why am i happy about earning less? Well my strategy has always been opportunistic with a chunk of dividend income on the side. Earlier in the year, i talked about taking some significant chances on a few stock plays which could make a difference. This risk/reward made sense. Hopefully i won’t jinx it but it is looking like a couple of these are going to pay off big time, i’ll cover the details once everything is settled – it could well just reverse so i am not counting my chickens until they have hatched. If i close out where i think then this will make a significant difference to my dividend income in 2016 and i’ll discuss the strategy when everything is wrapped up.
In the meantime, the market is at the highs again, lots of negativity again…economic numbers…so so, earnings so so….but we’re at the highs. Go figure. Wall of worry if i ever saw it. My take is i think Wall St is going to milk the 0% as much as possible for this quarter before the punch bowel begins to be drained going into 2016. If you let your emotion or ‘it should be like this’ attitude get to you, you’ll just lose $$$. Follow the trend until proven otherwise and don’t let the media hysteria sway you in any shape or form to conform to their ideas.
Have a great weekend.