DSE - Grannies Beat Geezers In Total Return While Income Factory Cash Distribution Reaches 12%
Our Savvy Senior "Income Factory" continued its steady, relentless job of collecting cash and re-investing it through the third quarter of 2018, with a total return for 9 months of 6.4%, which, if annualized, would be an 8.5% yearly return. In terms of cash distributions, we collected 8.54% on our year-end 12/31/2017 starting portfolio balance, which is an annualized rate of 11.4% (currently higher with the recent market drop). That means that all of our total return for the nine months is due to our cash distributions, with about a 2.1% "give back" in market