Portfolio

Income investor dashboard 2011 performance

2011 was definitely a wild and wacky year for investments. Volatility and uncertainty returned to the markets with a vengeance. In my mind, 2011 was the year of the contrarian in spades. Usually being contrarian pays off handsomely but 2011 delivered in that regard more than usual. Can you remember back to Dec 2010 what the ‘consenus’ was on US…

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Uncategorized

Welcome to 2012!

Happy New Year everyone! I know its been a while since I last posted but I’m feeling refreshed after a good break and ready to blog away in 2012. I hope everyone had a great holiday season. As for me, the RV and family are happily stationed in San Diego for at least the first part of the winter season.…

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Portfolio

October income investor dashboard

September turned out true to historical form, as one of the weakest months for stocks, In last month’s report I said that there was a good chance stocks would test the August lows. The August lows were not only tested this month but broken causing even more pain for stocks this month and continued flight to safety into all sorts…

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Portfolio , Stocks

September income investor dashboard

Here is the updated income investor dashboard for September. Prices are as of the market close on Friday September 2nd. August overall had one general theme; stocks bad, bonds good. See the dashboard below. August was one of the worst months on record for stocks. Markets are trading mainly on macro level news, European bank and sovereign concerns, US economic…

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Stocks

KMP reports Q2 2011 results

Earnings season for the MLP sector officially got underway last night with Kinder Morgan reporting Q2 2011 results. The highlight of the release was a distribution increase to $1.15 per unit or $4.60 annualized. KMP currently yields 6.3% on this dividend. From the release: HOUSTON, July 20, 2011 – Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today increased its quarterly cash…

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Portfolio , Stocks

Income investor dashboard for June 2011

May has come to a close. It was certainly and interesting month for income investments. Here is the beginning of June Income Investor Dashboard updated with prices as of the close of trading June 1, 2011. As usual the green highlights are for the sectors that became cheaper during the month. Concerns about a slowing global economy seemed to take…

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Stocks

Energy Transfer (ETP) Q1 2011 Results

Energy Transfer Partners reported Q1 2011 results last week on May 4, 2011. The press release is here. The high level summary of the results; Energy Transfer Partners, L.P. (NYSE:ETP) today reported Adjusted EBITDA, Distributable Cash Flow, and net income for the quarter ended March 31, 2011. Adjusted EBITDA for the three months ended March 31, 2011 totaled $471.3 million,…

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Stocks

Mortgage REIT economics remain compelling

As I mentioned in this earlier post I think there is an good investment opportunity in mortgage REITs (mREITs from now on). Its one of the the few remaining relatively undervalued sectors in the market and offers a compelling dividend yield of about 16%. In this post I’ll provide a basic economic framework to evaluate REITs and provide valuations for…

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