Its been a quiet month in my portfolio as I have been watching mostly from the sidelines waiting for the right opportunity. While the overall market is at lofty levels, it is important to remember that it is market of stocks and not a stock market. Yes, the indexes point to the fact that the overall market (measured according to these indexes - which simply includes the valuation of the index components) are stretched, but there are pockets of opportunities that exist and patience is the name of the game. As earnings season starts up, one opportunity finally came up last Friday and I was able to deploy some cash adding to an existing position.
I added to my position in Ventas Inc (VTR) with 25 shares @ $55.00. The company yields 5.31% adding $73 to my annual dividend income.