Featured Reading: September 20th, 2015
It’s another hot and dry weekend in Los Angeles. My fiancée grew up here and today we celebrated her mom’s birthday with food and drinks at an awesome Italian restaurant. There was a funny accordion player who approached our table and sang a few questions that we answered. Before we knew it he improvised a hilarious ballad about the birthday, family history, our upcoming wedding, honeymoon and everything in between. It was a bunch of laughs and he was having fun too and stayed with us well after he got a real nice tip from my future father in-law. I love creativity like that and in this post I’m going to feature recent articles that caught my attention around the internet.
I’ve finally started buying oil and gas stocks again. I claim to be a long-term investor who wants to hold stocks my whole lifetime but the reality is oil won’t be around for my whole lifetime. What will happen to these investments in those final decades when it’s a mad race to extract any oil that’s left? Or will we have already moved on to another energy source? It’s a hard future to predict, but I completely agree when “Elon Musk says humanity is currently running ‘the dumbest experiment in history'”
Given that at some point they’ll run out anyway, why run this crazy experiment to see how bad it’ll be? We know it’s at least some bad, and the overwhelming scientific consensus is that it’ll be really bad.” ~ Elon Musk
Jason Fieber of Dividend Mantra is up to something and I’m excited to hear more about it. Hopefully he’ll get back to his regular frequent posting that we’ve all become so accustomed to soon. Meanwhile, he’s still around actively posting on Twitter so be sure to subscribe. You can also catch him writing for Daily Trade Alert like his recent article “Undervalued Dividend Growth Stock of the Month — September 2015”
Is the supply of these commodities likely to grow over the long haul?
We know that supply of the resources that Exxon concentrates on is finite, yet demand across the world continues to increase over time.
Recent technological advances in E&P have led to a renaissance of sorts here in America, as fracking has allowed companies to tap previously unreachable sources of energy, which has led to a glut on the global market.
But this will glut will work itself out over time. Meanwhile, our global infrastructure still relies heavily on traditional forms of energy, meaning their dominance will very likely continue for years to come.” ~ Jason Fieber @ Daily Trade Alert
Chuck Carnevale is an established author, investor and creator of Fast Graphs. Every time I read him I feel like I’m earning a Ph.D in how to invest the right way and I often go through his articles several times. He recently posted the second part of his series “Choosing Common Stocks That Make Sense For Your Retirement Portfolio: Part 2.” In case you missed Part 1, you can find it here. “
…my objective will be to provide common stock investing strategies that investors can utilize and implement that are consistent with their specific goals, needs, objectives and risk tolerances. In my personal opinion, the idea that a stock should be chosen in accordance with specific investment objectives is paramount.” ~ Chuck Carnevale @ Mistervaluation
Ben Reynolds of Sure Dividend posts how the average retirement age is increasing over time instead of decreasing and shows us how certain people are combating that and retiring much earlier. Check out “Early Retirement Through Dividend Stocks.”
Time is valuable. I argue that someone who spends 1 hour a week making $75,000 a year will likely be happier (all other things being equal) than someone who spends 80 hours a week to make $75,000 a year.
One needs a balance, however. If you spend all your time providing value and saving money, you will have no time to enjoy the fruits of your work. On the other hand, if you don’t provide any value and make no money, you will not be able to do much with your time.
A balance between money, time, and life is critical. Passive income is the short-cut through the work-life balance conundrum. Passive income is money you make without having to spend additional time to make the money.
You are truly free when your passive income covers your expenses.” ~ Ben Reynolds @ Sure Dividend
Sabeel at Roadmap2Retire wrote an excellent piece about an investment opportunity in railroad Canadian National Railway (CNI). I own competitor Union Pacific (UNP) and am very bullish on railroads. Be sure to check out “Canadian National Railway Dividend Stock Analysis 2015.”
Railroads are the pulse of the economy. Whether transporting crude, lumber, merchandise, agricultural or industrial products, railroads are what keeps the economy moving.” ~ Sabeel @ Roadmap2Retire
Mike at The Dividend Guy presented a few questions about portfolio allocation to fellow bloggers and I was honored to participate. Check out everyone’s answers “In the Search for Optimal Numbers of Stocks in your Portfolio Part 1.” There was also a part 2 posted during the week that you can read here.
What shocked me about the dividend investor community is that there are many differences on how they invest their money. One aspect that tends to generate the greatest variation is probably the number of different stocks owned by each investor.” ~Mike @ The Dividend Guy
Lastly, one of my favorite shows ‘Shark Tank’ is starting up again soon and I thought this was a fun question and answer session Forbes did with Mr. Wonderful. “Shark Tank: Kevin O’Leary Answers Quora’s Most Burning Questions About The New Season”
Every year the deals get larger. We’re only halfway through taping, and the deals are huge. But the other thing I’ve noticed about this season is a lot more technology. So tech companies that have been funded in Silicon Valley have seen the power of the “Shark Tank” platform, particularly for consumer-based technology. Anything to do with consumer, social media — they’re flocking to “Shark Tank.” We have more tech deals than I’ve ever seen before. So technology is the main headline of “Shark Tank” this year.” ~ Kevin O’Leary
Tomorrow I get to relax and watch football. My team is the Minnesota Vikings and I hope they look better than last Monday as they take on the Detroit Lions. There’s plenty of other good games to watch too and I’m happy to have football back. Hope everyone has a great finish to the weekend and thanks for reading.