Personal
Portfolio
I decided to take my own advice and go on vacation for the month. By the looks of it, I didn't miss much.
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Well June was an uneventful month, the only exception being the numerous weinie roasts going on throughout the country.
Speculation
is that the first child going to be named Ima Weiner or Yora Weiner.
I suspect these Weiners will not be of the Kosher variety.
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Personal Portfolio
Not much interested me at all last month so solely out of curiosity:
Chimera Investment Corporation is a spin-off from Anally Capital management (NLY), a REIT and one that I also happen to own.
The
company typically yields a bit more than Anally, and I think some
decent dividend producers can help mitigate portfolio fluctiations.
I
think that while interest ratess are as low as they are,
the risks from these two REITs losing much principal value is
nominal.
One thing I have noticed over the past couple years is
that prior to going ex-dividend, hit pieces generally come out,
questioning the companies ability to sustain its dividend. Some
share holders panic and sell, driving the price down temporarily.
If I was looking to buy into something like this, I would
keep an eye on the news prior to the ex-dividend declaration and then
buy while the share price is down.
Chimera
is for me, a curiousity and a speculation. I don't see the share
price going much lower but who knows. In the interim it is still
paying two digits worth of interest.
Being from Nevada, I think it's worth a gamble.
What Else.......
Here's the portfolio allocations:
| Sector |
Apr |
May |
June |
| Banks: |
18.98% |
17.97% |
17.02% |
| Investing Co's |
2.71% |
2.73% |
2.78% |
| Telecom / Inet |
12.37% |
12.36% |
10.22% |
| Manufacturing |
12.61% |
12.78% |
12.15% |
| Food / Sin |
10.31% |
8.42% |
9.01% |
| Insurance |
6.10% |
5.92% |
5.91% |
| Raw Materials | - | - | - |
| Real Estate |
5.42% |
5.44% |
7.36% |
| Tech |
4.60% |
7.24% |
4.97% |
| MF -
G&I |
7.23% |
7.15% |
7.36% |
| MF - Value |
7.18% |
7.56% |
6.68% |
| MF - Small Cap |
4.51% |
4.94% |
4.25% |
| MF - Large Cap |
4.36% |
4.38% |
4.49% |
| Other |
@ 4% |
@3% |
@7.4% |
Black Squirrel - the pride of Marysville, KS. Marysville has some awesome mosquitos too.
That's it for this month. Have a happy 4th of July!
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