The current situation is very uncertain. Our view is that the best approach is to stick with companies that are maintaining high levels of free cash flow while others are faltering. These companies should be able to continue to pay high and rising dividends, in our opinion. | Read more >
Military conflict inserts a new set of risks into the global market, just as investors were anticipating an economic rebound from the easing of COVID restrictions. Given the risks we have discussed and the market’s rocky start to the year, a fair question to ask is, “How do income stocks perform in down markets?” | Read more >
Despite the daily barrage of negative headlines, we still believe that we are months, rather than years, away from the end of the pandemic dominating daily behavior. | Read more >
When most investors think of retirement income, or just investment income in general, they usually think of bonds and not stocks. | Read more >
We are committed to managing the risks we see to ensure that our portfolios’ risk exposure suits our clients’ risk appetite. | Read more >
The case for optimism centers on the remarkable strength of both the consumer and business sectors. | Read more >
Income investing does involve having general views on the future, but ultimate success is much more dependent on the power of compounding than 20/20 foresight. | Read more >
Importantly for us, the Fed recently announced that it will once again allow banks to increase their dividends, provided they pass the June 2021 stress test. | Read more >
The news coming out of Pfizer’s vaccine trials on November 9th was truly spectacular and triggered a meaningful shift in the stock market. | Read more >
Only by understanding what drove results in the past and how that might be different going forward, can we confidently invest for the long term. | Read more >