Wednesday, May 9, 2012

WEEK ENDING SATURDAY, MAY 5th

Completed purchase of a stake in EOI this past week, bringing total dividend payments to 192 per year, only 173 to go for 365 dividend payments per year.  Collected dividends for my IRA account from AT&T (T) and John Deere (DE).  Also collected a nice dividend from BMY for my taxable account.  


Read some interesting articles about investing last week.  One pointed out that Berkshire Hathaway, Warren Buffet's company could collect over $5 billion per year if they invested their capital  to maximize dividends.  As it is, I'm thinking Mr. Buffet is doing pretty well for himself.  Another article from the Motley Fool pointed out that the old wisdom of "in May, go away" is not necessarily such good advice.  I do believe that we'll see a seasonal slump in the markets this summer and am looking forward to adding some good dividend paying stocks at great prices.

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