Investing for income through dividends and distributions
Yesterday I added shares of W.P. Carey, Inc. (WPC) to my Medium Yield Portfolio. I needed some additional balance where the financials sector is a little heavy in that portfolio. WPC is now 1.4% of that portfolio raising my real estate percentage from 7% to 9% and reducing financials from 28% to 27%. I’ll be…
Verizon is 2.1% of my Medium Yield Portfolio. This is good news to me. I don’t know why they bought Yahoo! or AOL in the first place. Verizon had dreams I guess of being a multimedia conglomerate. Regardless neither of those companies would have brought them what they wanted. I wonder what they actually go…
I don’t think this is a good development. When individual investors are borrowing in order to increase their stock holdings it feels like the stock market bubble is ready to pop. It’s like gamblers using their credit cards or home equity lines of credit in order to roll the dice a few more times. I…
Today I updated my Portfolios Page. There you’ll see every single stock and fund I’ve purchased and there is a brief description at the top of each portfolio. I completed the sale of my house in Illinois and have used those funds to fully dive into income investing. I’m a little uneasy about the whole…