Random Rants – Aug ’16

Month 2 of each quarter are my lowest dividend payment months of the year.  And it’s destined to get worse now that my last First Niagara dividend check has arrived.  Their merger with KeyBank makes them a month 3 payer now.  Since I’ve got a couple of mergers left in left in the portfolio, it appears I’ll be reassessing the monthly payment flattening issue going into the new year.  On to Rant #2 …

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Jul 2016 Update

Last month the sky was falling primarily on Brexit concerns.  Just a few short weeks later, the S&P and DOW are setting all time records.  Similarly you can choose a Cleveland view of the US economy (“it’s on the cusp of a recession”) or the Philadelphia view (“Tremendous progress has been achieved”).  Sadly reality probably sits squarely in between.  Meanwhile, I’m keeping an eye on Italian banks.  For good measure, the S&P outperformed my portfolio for the first time this year – 3.56% vs 3.0%.  For the year though, I’m ahead by 11.65%.  Headlines related to my portfolio this month include:

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