Welcome to the Dividing Cafe weekly market commentary focused on dividends in your portfolio

and dividends in your understanding of economic life.

Well, hello and welcome to what I hope will be a very special dividend cafe.

I decided because this week was my son's graduation from high school, my firstborn

son Mitchell, that it may be a nice time a year to deliver a letter to high school graduates

all over the country. Now, of course, some of you listening or watching right now are not high school

graduates are probably, as I am, quite far removed from that glorious moment in time. And yet,

you know high school graduates. You have high school graduates in your family, in your life,

soon-to-be graduates. And really really it could apply very easily to college graduates,

other people in their young 20s, or whatever that period of time is, that someone kind of

enters a young adult phase of life. Candidly, and I don't want anyone to have to admit this,

but it may even be the people

much, much older than that find this information useful just because there's been some

mistakes made or perspective lacking and that there's a kind of desire for a reset or

a renewed understanding of financial wisdom and navigating the current economic conditions

that may be useful for people.

But what I tried to do is craft a letter at dividendcafe.com that would sort of serve as this

comprehensive letter to the millions of, of 2023 graduating class members looking

for some degree of financial wisdom, financial understanding, best practices, the things that I think

would be most important based on what has now been, you know,

several decades of observation, of seeing mistakes made, of seeing blown chances and opportunities,

and also just my sort of view on a go-forward basis about where we are in the economic cycle

...