May 2020 saw the DOW rise by 1660 points. April had a similar gain giving us a two month uptrend. I made a few trades in May. Three of them in my IRA account. With interest rates so low, I moved some money into a consumer staple and a gold ETF. I also bought 200 shares of Intel (INTC), which has gone up by 7% in 3 weeks. In my brokerage account I added 50 shares of Pfizer (PFE). Then, after hours it dropped by 7% because of some negative drug development news. I may add another 50 shares next week if the stock stays below my last trade. In my closed end fund portfolio, I sold Gamco Gold & Income (GNT) at a loss because they cut their dividend in half. I replaced that with (ETY) a tax managed dividend fund from Eaton Vance. I also have an Eaton Vance risk managed fund (ETJ) that has been holding up well and paying a solid 9.58% each month. Overall, my investment balance is about where it was back in early December of last year. In the coming month I will continue to make small adjustments and look for investment opportunities to make up for the lack of interest income.<\/p>\n","protected":false},"excerpt":{"rendered":"
May 2020 saw the DOW rise by 1660 points. April had a similar gain giving us a two month uptrend. I made a few trades in May. Three of them in my IRA account. With interest rates so low, I moved some money into a consumer staple and a gold<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/202"}],"collection":[{"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=202"}],"version-history":[{"count":3,"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/202\/revisions"}],"predecessor-version":[{"id":205,"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/202\/revisions\/205"}],"wp:attachment":[{"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=202"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}