My heart goes out to Ukraine and its people. The invasion by Russia was totally unexpected. My guess is that Putin does not want Ukraine to join NATO and the EU because that would be like having the US right at it’s borders.

Following the war in Ukraine had me reminded of how blessed I am to be living in the United States.

Regardless of all the uncertainties investors are trying to process, I am a net buyer of this market. These are the times you lean into your highest conviction names. These are the moments when finding stocks to buy is far easier than a few months back.

So, I am buying!

Time for a quick update.

 

Notes

• I believe United States will not go to war with Russia.
• Elevated oil prices may stubbornly persist throughout this year.
• I further lowered my investment return expectations for this year between 0% to 4%.
• I am also lowering my overall expectations on investment returns for the next 2 to 3 years.
• I do expect inflation to moderate towards the latter half of this year.
• I expect 3 to 4 quarter basis point increase in interest rates by the end of this year.

 

Buys and Sells

• Completely sold out of MMM, CAT, and JNJ.
• Net contributions to this portfolio is: $1,632.45

 

Pass Go Collect Dividends!

• Total dividend generated for the month is $950.15 🎉🎉🎉

 

Dividend Announcements

• United Parcel Service, Inc raised dividends by 49% from $1.02 to $1.52. 🎉🎉🎉

 

Portfolio Snapshot

• Monthly dividend is up 4.9% yoy.
• Projected annual dividend is up 35.8% yoy.
• Total positions went from 18 to 15.
• YTD Dividend income: $1,550.39

 

That wraps up the month! Till the next! 🤠🚀