May 2022 Financial Update

After a fews days on the road we are settled into our new spot in Pennsylvania where we will stay for a couple of months. Normally I love being on top of everything that is going on in the markets and with our financial situation, but I have to admit that focusing on driving and enjoying the scenery for a few days was a really nice break. I tend to get overly invested in the market details, trends and financial news. This is probably not very healthy so being away from turmoil for a few days was refreshing and something I should do more often.

As for the current state of the economy, there isn’t really much more to say. Our government failed us, and is continuing to fail us. All we can do is wait to see how everything plays out and take advantage of any opportunities that may arise. Sadly I think we are heading for a recession as we can’t count on an incompetent fed, and an even more incompetent former fed chairman turned treasury secretary, to glide the economy down to a soft landing.

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Dividend Portfolio Update

It seems like the months are flying by and it’s been some time since our last dividend portfolio update. While the markets have been extremely volatile our dividend portfolio has remained somewhat steady. We are not setting the world on fire, but most of the stocks in our portfolio have held up well in comparison to the overall markets.

The level of uncertainty and fear continues to rise due to geopolitical problems, inflation and supply chain shortages. Adding to the downward pressure is our grossly incompetent federal reserve and a federal government that either doesn’t possess a basic understanding of economics or is more interested in satisifying fringe lunatics than doing what is best for the country and our economy.

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April 2022 Financial Update

Well what else can be said about the month of April other than YIKES!

As April came to a close so did our time in Texas. We had such a great time during our 2 month stay in South Texas and it was actually hard to leave our spot. We had the same amazing neighbors throughout our entire stay, which is a bit unusual. We enjoyed everything about the area as there was a wide variety of things to do and places to see. If you are driving through or visiting Texas, and you like going to stores, be sure to put H.E.B. and Buc-ee’s on the top of your to-do list. You will not be disappointed! Most of all, we enjoyed the people of Texas. They are some of the most genuine and sincere people we have ever talked to and always offered great advice or recommendations to make our stay more enjoyable. We will miss being there, but we will be back.

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March 2022 Financial Update

Another month in the books! We finished the month of March in the black marking our first positive month the year. But like most of you, we experienced our first negative quarterly returns in two years. At the lows we are nearly $175k in the hole so it was nice to see a recoverey albeit a small one. There is a long way to go just to get back to breakeven on the year, but that is really out of our hands so we will just take it one month at a time.

Given the current geopolitical environment and rising interest rates the chances of a rally to higher levels, similar to what we had in the last three quarters of 2020, seam to be slim to none. If things continue down this road the best outcome we can probably hope for is a breakeven too slightly positive year. Even that might even be a stretch.

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Dividend Portfolio Update

It’s been almost two months since we have had a chance to give an update on our dividend portfolio. So far we have fared pretty well even as the markets have been extremely volatile. Since our last update the markets have experienced a correction, a war in Europe and the fed has started raising interest rates. Not exactly a great environment for price appreciation. But if you have cash on the sidelines there are a ton of opportunities.

While there is still a high level of uncertainty due to inflation and geopolitical issues the markets seem to be taking everything in stride. Now that the fed had started raising rates the picture is becoming a little clearer as to what their strategy is and because of this there has been a little bit of a relief rally off the market lows. It was a nice bounce but there is still too much going on in the world to be confident of a continued rebound.

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February 2022 Financial Update

The year is off to a rough start both at home and around the world making for difficult times for people’s lives, budgets and the financial markets. Thankfully we were busy in February and couldn’t devote much attention to the headlines or the marketplace. However, the impact is being felt throughout our portfolio.

The month started off with the markets looking to reverse course from correction levels. While I enjoyed seeing this, I felt it might be short-lived based on the Fed and the uncertainty surrounding rate hikes. Then the world was rocked when a scumbag dictator with little dick syndrome and delusions of a Soviet renaissance decided to invade Ukraine. This along with the complete failure of American politicians to take steps to combat inflation, remain energy independent and help free nations deter aggressive foreign dictators, has put our economy and our country in a precarious position. These developments have sent the financial markets on a rollercoaster ride and are showing a lot of resilience. It’s amazing they are not down another 20% during this time.

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January 2022 Financial Update

Anyone else happy to move on from January? Perhaps this update should be titled “The Good, The Bad and The Ugly” as it might be more fitting? January was busy, expensive, and at times, frustrating. I don’t mind rough months in the markets as they are needed in order to facilitate long term progress. I would prefer large market drops happen in months where we are not already committed to shelling out a lot of cash. As the Rolling Stones song goes “You can’t always get what you want.” Hopefully we got it all out of our system and can move forward to greener pastures. Let’s stick with our theme for a little levity.

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Dividend Portfolio Update

Greetings fellow investors. It feels like a swell time to do a dividend portfolio update with all of the exciting events surrounding the markets. How about we call this the stock market correction edition of our series?

Unless you live in a cave or are much better at ignoring the news and current events than most people, then you are probably experiencing the same dreadful market conditions. As a market masochist, I have been glued into the markets pretty much everyday from open until close and then some. BTW, I don’t recommend this for anyone. It’s what I love to do and have always done regardless of market conditions for decades. Plus now that we are retired, what else do I have to do but watch the carnage daily market gyrations?

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2021 Year In Review

What a difference a year makes! As a matter of fact, we never published our 2020 year in review for a few reasons. Mostly because 2020 just plain sucked! The pandemic ruined everything from our son’s senior year of high school, large parts of our college road trip, his freshman year in college and our plans to start our full-time RV life. And who can forget the financial rollercoaster from the top of the world down to the pit of despair and back again? Publishing a blog post and reliving it all over again was the last thing on our minds.

Here we are at the end of another year and still dealing with the continued fallout from the pandemic. Some things have remained the same. Everything else in our lives has changed for the better.

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Dividend Portfolio Update

Welcome to our last dividend portfolio update of the year. As I’m sure you are aware the markets have been very volatile which has created some great buying opportunities. Unfortunately for us it has been difficult to take advantage of these opportunities because of limited funds available to add to our dividend portfolio.

We continue to use affiliate links and advertising on our blog as our primary sources to generate funds to add to our positions. As anyone with a blog knows this can be excruciating as blogs are not great money makers for most people. We also do online surveys to generate extra cash, but a lot of it gets used in other ways, groceries & household items, so just a small portion goes to the dividend portfolio. It’s nice to save money on everyday items in this environment, but we hope to invest more of this money next year.

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