Featured Articles: July 18th, 2015
It’s gently raining in Los Angeles today. This is a rare and much needed event for Southern California. People here get shocked and a little crazy when it starts raining, especially while driving. It’s so funny watching them run from their cars to shelter to avoid getting wet, even though it’s barely sprinkling. I grew up in South Dakota where summers were filled with thunderstorms ripe with monstrous hail, tornadoes and plenty of flooding to boot. I used to love running outside, jumping in puddles and getting wet. I sure do miss the seasons and how days like today are perfect for sitting back, relaxing and reading. This post highlights a few of the articles I’ve been absorbing over the past week and wanted to share.
I published one post over the week after initiating a new a position in my portfolio in Eaton Corporation (ETN). The company isn’t widely held among the dividend growth investment community, but its future seems highly promising.
Dividend growth investors have shunned investing in bonds over the last several years as yields have plummeted. I’m very new to investing and haven’t liked the opportunities available in bonds, but there are times in history where I would have loaded up. I’m guessing that’ll happen again at some point during my long investing lifetime. For a great comparison of bonds and equities read and watch Chuck Carnevale’s post and video: How Much Bond Duration Could You Endure?
…interest rates have steadily fallen since approximately the mid-1980s. From the perspective of bond price action this could be thought of as the golden age for bonds. In other words, as rates fell in front of previously issued bonds, there was no downward pressure on the pricing of previously issued bonds. Consequently, the investor’s portfolio statements for their bond holdings were always positive. This clearly supported and promoted investor confidence in bond investing. However, there was also an insidious side….
What’s going on with oil prices? Frank Curzio hosts one of my favorite podcasts called “Wall Street Unplugged.” It’s perfect for my long LA commute. If you haven’t listened yet, do yourself a favor and start today. He also maintains a blog and recently wrote, “Think Twice Before Bottom-Fishing for Oil Stocks.”
…These factors are likely to keep oil prices depressed (under $75) for at least the next few years. This is something investors need to consider before buying oil stocks at current levels…
Forbes put out a interesting article about “The Reality Of Fundraising On Reality TV”. I’m a reality television editor and producer, and have friends who work on Shark Tank and Beyond the Tank. I highly enjoyed this read. It also mentions my current favorite TV show, “The Profit”.
…TV seems like a glamorous way for entrepreneurs to raise money and hype at the same time. But considering the reality of angel investing, and what happens to businesses after they leave a show like “Shark Tank,” TV isn’t the best option for startups who want to raise money.
If you’re thinking about auditioning for “Shark Tank,” you should consider a number of issues…
Yahoo Finance posted a neat new tool called “You’re Richer Than You Think. Really.” It shows that a dollar today is worth many more in the future. I found out that my annual income today was equivalent to $139 /day… in 2011.
This little exercise might make you feel a bit better about your standing in the world. As part of a huge study on the state of the global middle class, the Pew Research Center has created a new tool that lets you see how your income stacks up with that of households worldwide…
Mike at The Dividend Guy Blog posted an excellent write up called “10 of my Favorite Dividend Growth Stocks Trading at a Discount.” I always enjoy reading where and why other investors I respect find value and quality, and this article doesn’t disappoint.
I’ve chosen BLK as my #1 position in this top 10 list because a higher level of volatility will only stimulate the demand for ETF investments. We are entering in a phase of uncertainty in the market and the best company to benefit from this situation is definitely BlackRock, the largest asset manager in the world. Regardless if money is going out from bonds to dive into the equity market or the opposite, the winner will be the investment vehicle seller!
Jason at Dividend Mantra continues to perfect his investment strategy and has the numbers to prove it. It’s so inspiring to see someone constantly smashing the goals they’ve set. Make sure you read his latest update “Mid-Year Goals Review For 2015.”
I think the odds are excellent that I’ll exceed all four of these goals by the time 2015 comes to an end. If I don’t, it won’t be for lack of trying, that’s for sure. I know nothing less than 100%, so that’s what I continue to give day in and day out…
My passive income YTD is $3,506.96, which achieves 63.74% of the annual goal. Couldn’t be happier with this progress. I hope to keep that passive income growing, and am on track to meet and exceed my goal this year…
Most of my goals for the year are either achieved, on track or at least not too far away from being so. Also, it is encouraging that I am able to revise so many of them to be tougher for the second half of the year. Hopefully I can still reach even these targets.
JC at Passive Income Pursuit is becoming a blogging legend, having just hit a milestone of 1,000,000 Lifetime Views! Keep at it JC; we’re all learning from you with every new post.
Of course blogging is a lot like dividend growth investing. It takes time to build up an audience just like it takes time to build up a portfolio of some of the best companies in the world. And now the hard work from the previous 3.5 years is paying off. In most months now I can get between 40 and 50 thousand pageviews. That’s absolutely phenomenal to me!
Retire Before Dad posted a super motivational article reminding us all that most employers can easily replace us and how pursuing financial independence can help offset job security. This hits home in my sporadic line of work. Be sure to check out “Don’t Need This Stinkin’ Job.”
The nature of the industry I work in is another strong motivator for pursuing financial independence. As I aggressively pursue financial independence, my financial security increases each step of the way. Every day I work and each paycheck I receive makes me financially stronger.