It’s earnings season and businesses are coming back strong thanks to all the stimulus. We are starting to see those dividend raises and buybacks coming back.

Savings are still very high, people are loosening up their wallets and spending. Inflationary signs are everywhere. Commodity prices are rapidly rising all across the board, likely transitory and should see some normalization towards the end of this year. Suppliers are scrambling to meet demand.

I expect wage inflation, tax hikes, with more stimulus to be injected into the economy. It’s hard not to see all of this equate to rising costs.

Regardless of all that is going on, investors must learn to navigate ANY economic environment. Bull or bear markets, inflationary or deflationary, the game is to locate opportunity regardless and invest in quality companies with great futures ahead of them.

My short term expectation for investment returns for the next 2-3 years have been reduced to a range between 3-6% annualized after accounting for inflation. Lowering my expectations but hoping to sandbag results. It’s important to mentally prepare for what may be ahead.

I think the FED’s will reign in on the economy after letting it run hot for the most of this year by raising rates starting sometimes close to mid-next year. We shall see. Interesting times. 😀

Anyhow, time for a quick update!

 

Picture of the Month

The heck with the news! Time to live in the moment and take in the beauty around me. 😁

 

Buy Orders

AT&T (Ticker: T) – 50 shares purchased at $29.92. (+$104.00 dividends added)

 

Sell Orders

There have been no sales for this month.

 

Pass Go and Collect Dividends!

 

Dividend Announcements

 

Portfolio Snapshot

• Monthly dividend is down -8.2% yoy.
• Projected annual dividend is up 12.3% yoy.
• YTD Dividend income: $2,207.46

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