April dividends are in and this month i made a total of $1406.48. This is roughly 15% more than what i made during the same time last year. Not a bad increase but the big stuff will be happening soon. I’m holding several stocks which pay only twice a year, typically in May/June and some in September, May should be a significant month. I’ve shifted a lot of funds around, sold some laggards and put more focus on the winners and where i think the tape maybe going over the next few years.
I’ve reduced risk in various sectors and for now ‘playing’ it safe. I am currently waiting to see the impact of tech earnings given that nasdaq has had a considerable run. The vix is almost single digits, that is extremely rare – i will likely load up on more protection. Currently, I’m expecting churn around these levels into fall with the odd scare and recovery. My focus is now a little more on commodities and financials.
See you in May.