It’s a beautiful weekend here in Michigan. It’s currently about 70 degrees, and it’s supposed to heat up to about 75 by mid-afternoon. I haven’t really been exposed to a Midwestern summer in many years, but I do remember what I’m missing now. Of course, we’ll see how much I like living up here when January hits and I want a piece of that Florida sunshine!
My weekend got off to a wonderful start. Yesterday, I met up with an old friend. I haven’t seen this person in about 15 years, so it was really special for me. We talked for hours and caught up on what we’ve both been doing all this time (where does the time go?). It was a fantastic trip down memory lane, and I’ll never forget it.
This old friend actually brought a really sweet gift for me. We all know and love the game Monopoly, right? Well, I don’t know how the idea came about, but for years I’ve wanted to somehow get a copy of the Chance card that instructs you that you’ve received a $50 dividend framed. Lo and behold, my mind was read!
A very kind and thoughtful gift. I don’t think I’ve ever tossed cash up in the air like that, but the joyous feeling the card attempts to convey is certainly something I relate to whenever a new dividend payment hits my brokerage account!
I’ve been incredibly busy lately writing and reading, which is what I really enjoy. I’ve been doing some more freelance writing, and I’m including some links to that work below. I also spent a late night out with one of my younger sisters yesterday as I let her drag me out for a night out on the town. It was a lot of fun, and spending more time with family is exactly why I came back. So far, so good!
Below, you’ll find a short list of articles I’ve recently read and enjoyed. I hope you do as well!
These 28 Dividend Growth Stocks Go Ex-Dividend Next Week
I put this article together for Daily Trade Alert, which is helpful because if you were on the fence as to whether or not to buy a certain stock, buying in at least one business day before the ex-dividend date means you’ll collect the next dividend payout. I also took a look at Philip Morris International Inc. (PM) and concluded it’s attractively valued here.
This Stock Has Raised its Dividend for 58 Years in a Row
This was another article I wrote this week. I discussed some of the benefits behind investing in dividend growth stocks and also included some information on one of my favorite companies: The Procter & Gamble Company (PG). Although I don’t think it’s a steal here, one could do a lot worse than buying shares in this consumer goods juggernaut.
JD Roth: How I learned to Stop Worrying and Love Mustachianism
JD Roth penned this excellent article that sums what life is all about and how Mustachianism helps one see the truth. One of the best articles I’ve read in a while. Highly recommended!
Companies I am Considering for my Roth IRA
Dividend Growth Investor gives us a great list of companies he’s currently looking at investing in in his Roth IRA. Some really great names on that list, and I obviously concur since I recently purchased shares in Baxter International Inc. (BAX) – one of the companies on his list.
Father’s Frugal Finances
Debt Debs recently put this touching homage together on her father – a frugal gentleman. I’ve never really had a frugal role model to look up to. I found frugality all on my own, and I’m kind of the trailblazer in my own family. But someone’s gotta do it, right?
Three Life-Changing Investment Lessons From Conoco Phillips
Tim discusses a reader’s long-term investment in ConocoPhillips (COP) and how this particular investor’s lessons during his ownership tenure can be applied broadly to investors everywhere in all stocks. I particularly agree with his assessment on risk. Risk is present everywhere in life; I’ve been told many times I could get hit by a bus. But taking on a little risk is necessary if you’re looking to grow your wealth, and generally speaking, the real risk of holding a stock like COP is probably very small since the odds of the company being around decades from now and being even more profitable are high.
3 Ways To Define Financial Independence
Joe’s article was particularly timely for me now that I’ve moved from working at a traditional job to writing full-time. Although I don’t consider myself financially independent, it’s about as close as it gets while still working. I’m ultimately aiming for his second definition of freedom, but right now am in the third category. Overall, I’m in a good place in life and really happy. And that’s really what it’s all about anyway. Great post!
Passive Income Pursuit shared his recent purchase. I think this is a solid long-term holding, albeit with some short-term headwinds. Looks pretty solid!
Effort alone isn’t enough
David put this really nice post together on good old effort just not being enough for most endeavors in life. I’d like to think I’m usually his “Friend A” as I usually don’t just set out to do something, I also visualize myself completing the task long before I even start. In my mind, it’s often a foregone conclusion that I succeed at something. The present is just me completing the steps that have already been completed in the future.
Mulling Over Investment Options
Starting From Zero shared some his best investment ideas right now. I like quite a few names on that list, and I’m actually also considering opening a position in Visa Inc. (V) at some point in the near future.
GE Wins French Support on Alstom With State Seeking 20%
If you’ve been following the drama at all with General Electric Company’s (GE) proposed acquisition of Alstom SA’s energy assets, this article will come as a welcome relief. GE’s bid has been accepted, on the grounds that they allow the French government to retain 20% ownership. This is a big acquisition, but it remains to be seen as to whether this is a good move or not. Generally speaking, the less government interference a company has to deal with, the better off they are. This is especially so when the government is a foreign body. However, I remain a fan of this company, and it looks like Roadmap2Retire is a fan as well as he recently initiated a new position.
May Buy: Target (TGT) and AT&T (T)
Dividend & Whisky recently purchased stock in these two powerhouses, and Target Corporation (TGT) has been particularly popular lately: Dividend Diplomats, Invest Like Grampa, and My Dividend Growth have also bought shares in this retailer as of late. I’m a fan of TGT at today’s price, but I’m not currently buying only because I already have a position in the company that’s actually a bit larger than I’d prefer right now.
Century Club Dividend Stocks
DivHut put together a great list on companies that have been paying out dividends for at least 100 years. 100 years! That encompasses two major world wars, Vietnam, the Great Depression, the Great Recession, massive inflation, and a few major stock bubbles and collapses. Nice! I own five on the list. How many do you own?
5 easy ways to reduce grocery costs.
Nicola shared some helpful tips on how to reduce your grocery expenses. I’m not personally a big fan of veggie night (how about pizza night?), but I do wholeheartedly agree with watching portion sizes. I simply don’t eat much food. Whereas the younger me would pound away five or six slices of pizza on a Saturday night, these days it’s maybe two or three slices. I generally consume than 2,500 calories per day and I stay active. The less food you eat, the less money you spend on food. Simple as that, and you’ll probably be healthier as well.
My Net Worth Update June 2014
Asset-Grinder shares his net worth with the world, and it’s an understatement to say it’s impressive. Check it out. But don’t get mad at me when you’re incredibly jealous.
Freedom Through Dividend Investing: An Update
Addison shared her dividend investing journey thus far, and she’s experiencing some great growth in passive income. Looks like we have another fan!
Full Disclosure: Long PM, PG, BAX, COP, GE, and TGT.
Thanks for reading.
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