FLF: 2020 Review Quarter 1 And 2
Portfolio Strategy, Dividend Investing, Value, Special Situations
Seeking Alpha Analyst Since 2016
Dividend Growth Investing since 2015 after some 20 years of speculative stock activities.
Part time sabatical since spring 2019 and part-timetraveler, working down my bucket list. The list is 35 years old with four out of seven projects completed. The remaining will take another 30 years. In the meantime ... let dividends do their job: grow.
Summary
- Dividend income reached The Goal set for 2023: to fill the pension gap.
- Update: The Pension Gap Model.
- Freezers, cutters, suspenders plus a drifting currency exchange rate did impact.
- New Goal: Increase dividends collected in dollars by 23%.
Overview
In the first quarter of 2020, dividend income reached both
an alltime high, and
The Goal set for one year after retiring: to cover 40% of household expenses.
In 2014, retirement was scheduled for 2023. Plan A was replaced by plan B in 2018. A major audit of the family‘s master plan retired us in 2019. Now, one year after retiring the fund is on track.
The portfolio‘s market value reached an alltime high mid of January. With Covid-19 the market finally got its long awaited chance to let off some steam. Market value of the fund mostly recovered by end of June.
Share buys in the first quarter projected an increase of dividends in the second quarter. Lowered outlooks in reponse to Covid-19 let to divdend freezes, cuts and supenses, plus a negative trend in currency exchange rates sent income to below the pension gap amount.
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