2024-06-22 09:00:00 ET
Summary
- May saw record high balances in both Jane's Traditional and Roth IRAs, with income for the month of May up 19.85% year-over-year.
- Digital Realty offers extremely limited upside, and I discuss the history that strongly suggests this will not be a strong investment moving forward.
- We saw only one company in Jane's Retirement Accounts pay an increased dividend during the month of May.
- Jane's trade history shows that we are continuing to execute with the strategy of reducing exposure to high-cost shares.
The purpose of this series is to review the real investment portfolios of my retirees John and Jane to gain perspective on how their portfolio is performing (month-to-month) while also discussing the process behind why we are making certain changes to their portfolio. I started this series to give readers an opportunity to better understand how John and Jane's portfolios are evolving, and I include historical results that show where the portfolio has been while also incorporating a dive into investments we are looking to add/trim/eliminate from the portfolio. It is important to note that the investments of interest to add/trim/eliminate can apply to all three of the portfolios that fall under this series.
This article specifically focuses on the results of Jane's Traditional and Roth IRAs for the month of May. I will also specifically cover the closure of Jane's position in Digital Realty ( DLR )....
Read the full article on Seeking Alpha
For further details see:
Jane's May 2024 Retirement Income Update: Eliminating Digital Realty From The Portfolio