January 2017 – Dividend

First month of the brand new year, a rocky start for all I think and it’s going to be hard with all the troubled country’s and politics that look more like screaming contests than anything else.
For the markets all around the world this will mean more uncertainty and instability. On the other hand after much stimulus and external policy the real economy is finally picking up some steam. A big part is due to people spending more , I see a lot more shopping going on around me. In the Netherlands the housing market is booming again which is mostly because of low supply in a lot of popular cities. But also the less popular locations around or near these cities are picking up.

It’s not uncommon houses being sold before the are on the market. All this is fuelled by low interest rates but you can’t borrow like crazy any more like in the good old days. Now it’s 100% of the value + 1% for additional costs. Which is still way too much in my book but it is getting there. Added are the additional demands from banks, which are boiling down to the necessity of brining in a healthy sum of your own money before you can get a mortgage.

With affordable alternatives in social and free market rentals the only way for most people in getting there housing costs at an affordable level is buying. Getting a house and an approved mortgage on the other hand is difficult. So for now the housing market will stay booming even with interest rates rising. Hopefully the market balances out a bit.

And with this other industries will follow. So finally some action in the real economy. Hopefully its sustainable. As for a prediction of the future of the stock market I am not going to give you one. The future is unpredictable. For me anyway. My course stays the same. Buying strong company’s which pay nice dividend and low cost ETF’s. The dividend news , well it’s up from last year when I started logging it. It’s nowhere near enough for my monthly expenses but it’s nice progress. The numbers are :

13-1-2017 W.P. Carey (REIT) EUR 9,28
24-1-2017 Whole Foods Market EUR 1,30
25-1-2017 Cisco Systems EUR 6,79
25-1-2017 General Electric EUR 4,93
30-1-2017 Dow Chemical EUR 4,25

Total EUR 26,55

I am happy about it and hopefully next month will be good as well.