The holidays are here, and this is my absolute favorite time of year. It means time away from work, and energy spent instead with family and loved ones. It’s a better work/life balance, and one I wish I could acheive more often. I’m flying up to Michigan tomorrow afternoon – if my flight isn’t delayed or canceled. There is some severe weather hitting the middle of the country over the weekend so we’ll see if my travel plans are impacted by that or not.
I’m not sure how active I’m going to be over the next week or so, but I wanted to write this article to leave behind some great reading material and also wish every reader out there a wonderful Christmas and a very happy holiday season. Times like this are why we all continue to work so hard. So jam out to the holiday tunes, eat too much food and exchange thoughtful gifts. Life is short.
Below, you’ll find a short list of articles I’ve recently read and enjoyed. I hope you enjoy them as well.
How Do I Know When To Sell A Stock?
Chuck Carnevale – one of my favorite authors – recently penned this piece on how to properly decide when to sell a stock. While I came to a similar conclusion a while back regarding the criteria that would have to be present in order for me to sell a stock, Chuck’s more verbose piece is much more detailed and nuanced. A very good article if you’re looking for a little more information on it may be a good idea to sell a stock, especially since there is already so much material already out there in regards to when to buy a stock. I’m personally leaning towards selling even less than I do now, which is already quite a rare event.
Church & Dwight (CHD) Dividend Stock Analysis
Passive Income Pursuit put together another detailed analysis, this time on CHD. I personally love the product lineup with this company, but I agree with Pursuit’s conclusion that the valuation just doesn’t make sense right now.
Leveraged dividend growth investing
Dividend Growth Investor discussed the potential possibilities if an investor were to leverage their stock purchases by buying on margin. I personally will never, repeat never, buy on margin. I believe in keeping things simple, and my overarching goal (to be able to retire by 40) is completely achievable without leveraging myself. While I could perhaps amplify my returns, I would also be amplifying my risk. And I think my strategy to keep a 99% or so allocation to stocks as fairly risky already. Increasing that risk via leveraging would be, in my opinion, asking for trouble. Besides, the time to buy on margin was four years ago.
Dividend Growth Investing: Misguided And Doing It All Wrong
David wrote this article in response to the recent backlash regarding the dividend growth investing strategy over at Seeking Alpha. I personally received my fair share of this backlash after one of my recent articles was republished over at SA. I personally find detractors that want you to abandon whatever strategy you’re using to build wealth and join the bandwagon they’re currently riding distracting, discouraging and nothing but noise. I always say stick to a strategy that works for YOU and YOUR GOALS. It doesn’t matter what everyone else is doing, me included. Ignore the noise and focus on what you can control.
Frugal Christmas Gifts for People Who Have Everything
Joe listed some great options out there for the frugal-minded shopper. I personally embrace consumerism for the holiday season, and let go of my frugal tendencies for just a short time. However, this is in the name of compromise and maintaining relationships with loved ones. Besides, it’s just plain fun to give gifts. I’m all about saving money, but doing so shouldn’t be at all costs. Striking the right balance is at times difficult, but we don’t have to be perfect at this. Life is imperfect and messy. The important thing is that you’re on a journey to drastically improve your life via freedom, while at the same time being happy in the now.
Soldier of Luxury
MMM punches us all in the face with another great post. He reminds us that all the fluff of stuff is really unnecessary. If we truly get right down to it we can be happy with very, very little. This post was a bit Waldenesque, and really a delight to read.
If I Were the CEO of A Mega Corporation…
FI Fighter revealed what he would do if he ran a large company. A very entertaining read. While I wouldn’t necessarily want to invest in a company if he ran it, I’d sure run like hell to the application desk and file for a job there immediately. Sounds like a fun place to work! I don’t think I’d be so anxious for financial independence if I had a job at this fictional company.
2014 Financial Goals
Compounding Income shared his goals for the new year. I think these are challenging, but realistic. I’m really rooting for him, and I think his forward dividend income goal of $6,880 is perfectly achievable.
It Is Not All Fun and Roses
While traveling the world certainly has its fair share of perks, Jeremy reminds us that while every day might be an adventure those adventures might not always be the good kind. Glad to hear he escaped this potentially dangerous situation okay. It’s also important to remember that danger is everywhere, and I’ve had my fair share of situations right here in the good ‘ol U.S. of A.
Living As Young Expats in Chiang Mai, Thailand
Chris and Angela relate their daily lives in respect to living halfway around the world. What’s even more unique about their lifestyle is that they’re doing it at such a young age. I find their decision to take on challenges inspiring and their optimism encouraging. Not to mention that they’ve attained freedom at a very young age. I’ve often thought about living in abroad in a cheaper country once I’ve attained financial independence, and Thailand is usually at the top of the list because of its great food, favorable climate, attractive cost of living and large base of expats.
Thanks for reading.
Photo Credit: Benoit Mahe