Monitoring my Portfolio of Dividend Stocks
This week wasn’t the best week in terms of investment gains. The Dow lost 3.63%, the Nasdaq lost 2.75%, the S&P500 lost 2.68% and the Mergent’s Dividend Achievers lost 2.75%. Pretty much all down for the week. As a comparison, my portfolio (according to Microsoft Money) was only down 2.2%. I guess I did better [...]
Dividends, Values, and Humanity
Every few days, a good friend of mine (thanks Brent) sends me a document that contains quotes designed to make me think. His themes tend to focus on the dichotomy of wealth that exists in the world. Yesterday he sent me one that I wanted to share with you: The 225 richest people in the [...]
Dividend Paying Sin Stocks – Follow Up
As a follow up to this post, there has been some developments with tobacco companies up here in the Great White North. It appears that the British Columbia government is going to sue Rothmans in order to recover billions of dollars in health-case costs. These types of lawsuits are a definite risk of investing in [...]
DRIPs – Dividend Reinvestment Plans
About 5 years or so ago, I held a couple of DRIPs outside of a brokerage account. I went through the whole process: Bought 1 share of Johnson and Johnson and 5 shares of Pepsi to get started. The number of initial shares that are required is dependent on the company. A good place to [...]
A Strong Financial Plan
Ray over at “The Millionaire Blog” posted an interesting synopsis of what constitutes a good financial plan (according to Dave Ramsey). You will notice that at the root of it all is the planning – and that a plan is useless unless it is carried out. Easier said than done. I tend to focus on [...]
Dividend Investing – My No Mutual Fund Rule
First off, a big thank you to Chad at “Twenty Something Finance” and farhan for their comments in relation to the post on my investing principles. To provide some background to those of you who did not read the comments, their questions were concerning my rule that I avoid mutual funds in my portfolio. Farhan [...]
My Investing Principles
The Path of Least ResistanceI can be a pretty lazy guy. I am also deadly serious about my money. My goal is to have $300,000 or better in dividend paying investments by the time I am 40 years old. How do I plan to do this? By following these investing principles: – KISS: Yes that’s [...]
Sin Stocks!!
I wanted to talk about something that I have been thinking about for quite some time now. Specifically, the question I ask myself is, “Should I invest in ‘sin’ stocks – specifically tobacco stocks?” Let me start off by saying that I am in no way a straight-laced preachy type of guy. I believe that [...]
