The month of March is already going fast. Time for another update on my mom’s portfolio. As always I start Sunday weekend morning with the update of Garry Davis from Specialist Share Education.
The title of his Weekly update is Let the Market come to You!
This is the time where you need to sit down and do nothing. There is continuation of recent trends and sentiment. Don’t be trapped in the feeling of Fear Of Missing Out. (FOMO)
In the USA we see continuing signs of strength and confidence. Buying dips remains a valid stance for now. In one of our previous blog posts last month we wrote that we could hit the 280$ resistance level on the SPY…where are we now ? 280 $
We keep riding the trend upwards above the 13 and 50 Exponential moving averages (EMA). Going forward we can attack the 286 and maybe the All Time Highs of 293,94 $ level. Who knows ?
Gold is going higher by 4$ to 1302$. This is helped by negative real interest rates and some concern about Central banks waning influence on impacting the local economies. What will happen when the next recession hits ?
We also look for a Gold position (Gold miners ETF or Gold ETF) to be added to my mom’s portfolio to hedge the dividend portfolio. If you are interested in Powerful Investment Ideas, look at the following video
Finding the Best Australian Investments in 2019 | Stocks to Watch
This video is not personal advice but a way to teach you how to invest. It shows you the process how you need to think.
Now let’s see what our February 2019 cashflow was for my mom’s portfolio.
Passive Income in February 2019
During the month of February 2019, we received 118,14$ passive income. Only dividend income. Just slightly more than last year..
Here you find the overview of all passive income payouts during the year 2016, 2017,2018 and January 2019.
The Options Trade Review
No options trades this past month.
Passive Income Growth
As you can see in the passive income overview, we do now have 10% of our yearly objective.
Going forward
Our First FOCUS is achieving the 290$ per month. However sometimes waiting and doing very little is the best plan. That has been our current positioning. We are currently more interested in adding preferred stocks and a gold position to my mom’s portfolio. That is our game plan for the coming months. We will also review if we have the time to write some puts to catch some juicy premiums.
Stay tuned and we will tell you all how we progress ! Thanks for reading. In 2019 we will send out ONE newsletter per month to our blog followers. Life can be busy sometimes and people lose track of following a personal finance and travel blog. Subscribe and you will get one email per month highlighting what you missed…
Thanks for following us on Twitter and Facebook and reading this blog post. We end with a quote as always.
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