I miss a good ol’ correction in the stock market. Don’t you? Far easier to find a good deal when stocks come crashing down. In the stock market, opportunity is found near the edges of those who fear.

Inflation remains to be one of the hot topic right now. The question is how much of this inflation is transitory. Jerome Powel recently quoted that inflation is frustrating, and more FOMC members are pulling forward rate hike projections.

This chart below called the FOMC dot plot will help give you a general ballpark idea where rates are expected to be in the next few years.

Interest rates affect EVERYTHING. The biggest risk is the FED’s taking drastic measures and raising much quicker than the projections above.

In my opinion, the current projections seem a bit too accommodative out to 2024 at majority pinning 2%.

My expectations for lower returns for the next 4 to 6 years remain. I just hope I can achieve an average of 6% annualized return during that period while growing my dividends by at least 6-8%. 🙄🤞

Time for a quick portfolio update!

Buy Orders

I am currently building a long position in BST and will likely weight on the portfolio quite a bit when I am finished.
I am reducing the amount of individual stock holdings to make my portfolio more passive overall.
Shift towards tech continues as I remain bullish in the sector.