Bottoms up!

So they've officially announced we're out of the recession, BUT we may go back into a second recession if we aren't careful! I'm not sure what that means, but it sounds like they're saying that they might be wrong about predicting the end and covering their a$$ just in case.

That said, I'm still in the market and still trudging along. It's been awhile since my last post, but there's been nothing much to post. My KRE play hasn't been doing well, but I'm still holding firm in my belief the regional banking industry will pick back up.

As the market has changed, so has my stock picking strategies. I'm no longer looking for the big breakout stocks, right now I'm simply looking for high dividend yield stocks, similar to my PGF and other dividend stocks to my portfolio.

My latest position has been in Enerplus Resources Fund (NYSE: ERF), which I believe is an Natural Gas ETF. Haha, I really just bought this on a whim. My main criteria was high dividend yield at a monthly payout and in a relatively strong investment area with upward potential. I was torn between a real estate ETF and this one. So let's see how it pans out. I bought my first third today and will be adding this to my RL portfolio shortly. I'm also reinvesting the dividend to account for any market fluctuations.