The economy still looks strong to us and we don’t expect Trump’s proposed steel and aluminum tariffs to make that much difference, at least not for a while, suggests income expert Harry Domash, editor of Dividend Detective.

Thus, we still expect the market to end the year higher, but predicting market timing is harder than it looks. Still, given current conditions, we’re again advising only adding cash to the market that you won’t need back for at least 12-months. That way you’ll be able to outlast unexpected market downdrafts. 

With defense spending on the rise, we’re adding a defense industry stalwart to our Manufacturing & Services portfolio. It’s only paying a 2.2% dividend yield, but has been hiking that payout around 10% annually. 

We’re recommending Lockheed Martin (LMT). The company sells defense systems to the U.S. and other governments, currently a fast growing industry.


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Aerospace products, which includes fixed-wing military aircraft, accounts for 40% of sales. Rotary (helicopter) systems, at 30% of sales, comes next. Lately, Lockheed, currently paying 2.2%, has been raising its dividend around 10% annually.

Private equity investors are a hot category and we’re adding Blackstone Group (BX) to our non-energy partnerships portfolio. The company is one of the largest global investment managers.

Investment segments include Private Equity (buyouts, etc.), real estate (equity & debt), hedge funds, and debt (collateralized loans, leveraged senior debt, etc.).

Distributions vary with quarterly distributable cash flow. Current distribution yield, based on its last four payouts, is 7.9%. In addition, we expect around 8% annual distribution growth.

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