We’re now running into May, the year has flown by and the dividends have been rolling in. This month has been good compared to April ’15. The main reason is down to rolling more profits from trading back into dividend payers. This month i managed to clock in $1215.13, this is approximately a 400% increase over April ’15. My total dividend income for the year now eclipses the entire income i made in ’13. Not bad. I need to keep pushing over the next couple of years, the aim is to hit $2000 per month on average before taking the foot off the gas. Focus is on beaten down stocks as always and taking advantage of panic sellers although the market seems to be in churn mode and i feel we’ll be somewhere between 2000 and 2100 end of year, we shall see. The 2 wildcards which i have no idea on are the Brexit and the US presidential race, stuffing some cash away and waiting maybe a prudent approach.
I’ll go over some technical analysis on the S&P with the next update.