The dividend income for February is now in and totals $674.61, this is about half of what is was from ’16. The main reason was due to a big position in a stock i owned had slashed the dividend so i sold the position and moved into other areas…next month should see a resumption of the dividend income from the other positions i added.
Apologies for the delayed post, i was away for the last 10 days – the market continues to churn at highs, the knee jerk trade is to short if you read the media and anti-you-know-who yet the market does the opposite, the sell-offs are brief and not very deep. That said, the market is breaking extremely rare records so patience is a virtue, i have a lot of dry powder on the side waiting for a buying opportunity, right now it doesn’t feel like good timing to load up so i’ll wait and see how things play out over the end of the quarter and into April.
Also, to help put things in perspective, some great articles as always by Josh Brown on http://thereformedbroker.com