It’s been business as usual for me. I spent the first couple of days this past week just kind of getting caught up and getting my bearings back after the whirlwind trip to Omaha to attend the Berkshire Hathaway Inc. (BRK.B) shareholders meeting.
Unfortunately, I’ve also had to contend with a pretty nasty head cold over the last few days. It’s been slowing me down a bit, but I’m still just rocking along over here. As I’ve mentioned a few times in the recent past, I feel more motivated, productive, and inspired than ever. No cold can possibly compete with that.
To aid in the fight against this thing I spent a little time this past Friday afternoon at Siesta Key Beach. It was a little warmer and crowded than I would have liked, but still incredibly beautiful.
So that was my view this past Friday afternoon.
It’s funny. My view on Friday afternoons used to be a service drive full of people that seemingly didn’t really want to see me and a garage full of technicians that seemingly didn’t want to really fix cars. And of course there was my desk – a prison of sorts. My how much life can change.
Our plans for today involve heading to Outback for dinner since Claudia received a gift card for the restaurant a couple weeks back from her co-workers in celebration of our exchanging rings and vows. And then we’re going to watch Avengers: Age of Ultron afterward. Not only do I really want to see the movie, but I’m happy to contribute to the bottom line for Walt Disney Co. (DIS) as a shareholder!
So this date is actually Claudia’s present for my birthday, which is coming up this week. She asked me what I wanted and I told her to use that gift card for a free dinner and then take me to a movie. I’m a cheap date.
We’ll see, though. There’s that off chance we won’t be feeling up to it since it seems like my head cold is quite contagious – Claudia’s feeling its wrath right now.
Either way, I’ve got some great content planned for the rest of the month. I’m going to be updating you all on some recent stock purchases I made as well as my savings rate for April (the best this year thus far). And I’m going to take a look at what life looks like one year after quitting my full-time job in the auto industry (my last day at the dealership was May 13th last year).
In the meanwhile, I hope you all have an excellent weekend. I’ve included some reading material to help that process along.
These 39 Dividend Growth Stocks Go Ex-Dividend Next Week
Here’s a list of 39 dividend growth stocks that all go ex-dividend next week. In order to collect the next scheduled dividend from any stock, you have to own or buy that particular stock at least one business day before its ex-dividend date. So you get to see which stocks are set to go ex-dividend next week (do you own any?). I also highlighted one stock specifically and took a look at it to see if there’s an opportunity here.
Dividends could offer shelter in stormy markets
Fortune examined dividend growth stocks – via the S&P 500 Dividend Aristocrats index – and concluded that they not only smashed the broader market since 1999, but have also provided more growing income as well. In addition, they tend to fare better during bear markets. Can you have your cake and eat it, too?
Since the beginning of 1999, the S&P 500 Dividend Aristocrats index—made up of companies that have increased their dividends for at least 25 consecutive years—has returned 314%, more than double the broader market. (Even with dividends excluded, they trounce the S&P 500.)
Dividend Update – April 2015
JC pulled down some serious dividend income for April. The beginning of the month is when you see a lot of dividend income updates as many investors continue to track their progress toward financial independence. You can also see some dividend income updates by DivHut, Dividend Hustler, No More Waffles, My Dividend Pipeline, Retire Before Dad, Captain Dividend, and Roadmap2Retire.
Discount Diva: Frugal mom busts myths about money
When speaking about the myth that frugal people don’t have any fun, this was the response:
Frugal people have more fun than people who aren’t careful spenders. And not just the “isn’t it so fun not being harassed by collections agencies?” kind of fun. It’s the fun that comes from not being a slave to a job you hate, from being able to afford vacations because you didn’t blow your money on stupid things, and from having the financial freedom to do the things you love because you finally understand how to harness your finances.
I’d Strongly Consider This Stock Right Now
More than 50 consecutive years of dividend increases doesn’t just materialize out of thin air. Only a high-quality business can do that and continue doing that, and this is one of the best around.
The Shocking Truth About Share Buybacks
The truth isn’t really all that shocking at all. This article was extremely verbose and robust, but it really comes down to this:
The rules and principles of only investing when valuation is sound equally apply to the corporation as they do to individual investors. If it’s a bad idea for us to invest in a stock at a high valuation, it’s also a bad idea for the company to behave that way.
Investors oftentimes make concepts much more difficult than they need to be, with buybacks being a great example. Buying back stock is neither virtuous nor nefarious at its core, but rather just a tool whose efficiency varies based on the situation. Simple as that.
This Time It’s Different for Investors? No—and Yes
WSJ gives the bear and bull case for the current market. A good read, all in all. The article may pull up a paywall, but a search for the article’s title can work around that.
3 Things Warren Buffett Says He Will Never Do
This article highlights some of the key points that Buffett brought up at the recent AGM. I especially like the point about not worrying about macroeconomics. I get questions all the time about interest rates, the Fed, the dollar, and what’s happening halfway across the world. I’m with Buffett in that I just don’t worry about that stuff. I focus on what I can control. Period. WSJ also put together a solid article on some key takeaways. And another good recap on some important messages from the meeting can be found here.
Forget Buffett the investor. Follow Buffett the manager
Another great piece by Fortune. For some reason, Buffett’s managerial brilliance isn’t really discussed often, nor is it readily copied. Makes it no less wonderful or successful, nonetheless.
A Philadelphia journalist went undercover as an Uber driver — here’s how much she made
Think you can make it rich as an Uber driver? Think again. I enjoyed reading this, as I’ve often thought about what an Uber driver might make. Seems like an incredibly easy and fun way to make some side money. But perhaps it’s not the path to riches that others might make it out to be.
Investing: Time for a no-bond portfolio?
If that’s the question, the answer is yes. At least for me it is. This article proposes cash as a bond substitute. That might work for some, but it depends on your income needs and opportunities at hand. I prefer cash flow to cash, however.
Report shows that vice can pay, at least when investing
Vice pays, but make sure that you’re okay with the ethics there.
How to retire in your 30s: save most of your money and rethink your core values
A great article featuring some of the prominent bloggers in this space. As I’ve said many times now, retiring early is simple, but not easy. The key concepts aren’t that difficult to understand, but it’s sometimes hard to make those good decisions day after day, year after year. But the rewards are well worth the hard work, in my view.
Full Disclosure: Long DIS.
Thanks for reading.
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