Money and Finance
Well Mr. Market decided to show up this past week and he broke down some walls like the "Kool-Aid Man", especially so for the biotech stocks and Nasdaq. The S&P 500 shed 2.09% on Thursday and another 0.95% on Friday. I've been hoping the markets would finally cool off some and start to retreat to give us all some better entry prices. As a dividend growth investor in the accumulation phase, lower prices now lets me buy more shares with the same amount of capital which just boosts my dividends even faster. I welcome these opportunities and you should too.
What's always funny to me is whenever we get large negative moves in the stock market the front page of Yahoo!Finance, and just about any other financial outlet, is littered with articles touting the upcoming doom and how this is just barely the beginning of the pain that's about to come. One article I read through on Friday talked about how there will be a much larger decline to come. On the order of 5-7%. Umm...do these guys not study the markets at all? Inter-year pullbacks of 5% are fairly normal and regular and actually healthy for the markets. It's years like 2013 that are the anomaly where we get no really pronounced declines. What's even funnier is that in that same article they talked to another market prognosticator that had a different view. His take was that the markets would decline 6-8%. Is there really a big difference between 5-7% and 6-8%? Personally I'm hoping for 8-10% but who knows what's in store.
Read more »
- Weekly Roundup - March 19, 2016
Well another week gone and another week home. Even though oil prices have been climbing higher I haven't seen an uptick on the exploration side. Although I don't really expect to see too much of an increase because even in the high $30's/low...
- Weekly Roundup - May 3, 2014
Another week and another month is in the books and now we're on to May. With the markets going everywhere and nowhere during the month and May now upon us, the usual chatter of "sell in May and go away" is coming up. Personally I'm...
- Net Worth Update - February 2014
While cash flow is more important when it comes to financial independence, it's still good to look at the balance sheet too, which is why I provide these net worth updates. What a difference a month makes. The S&P 500 rebounded from January's...
- Weekly Roundup - October 12, 2013
Well this past week was pretty uneventful for me. Just grinding it out at work, as per usual. The bright spot is that every day that I'm at work I essentially am saving 70-80% of that days pay. That's the beauty of keeping your expenses...
- My Weekly Stock Watch List (5/31)
This week I did not purchase any stocks. I was planning to purchase more Target stocks on Friday but price went up and I decided to wait until next week. Here is my watch list for upcoming week*. Stock Name, descriptionprice as 5/31Dividend YeildARIApollo...
Money and Finance
Weekly Roundup - April 12, 2014
Image sourced from DigitalOperative.com
Well Mr. Market decided to show up this past week and he broke down some walls like the "Kool-Aid Man", especially so for the biotech stocks and Nasdaq. The S&P 500 shed 2.09% on Thursday and another 0.95% on Friday. I've been hoping the markets would finally cool off some and start to retreat to give us all some better entry prices. As a dividend growth investor in the accumulation phase, lower prices now lets me buy more shares with the same amount of capital which just boosts my dividends even faster. I welcome these opportunities and you should too.
What's always funny to me is whenever we get large negative moves in the stock market the front page of Yahoo!Finance, and just about any other financial outlet, is littered with articles touting the upcoming doom and how this is just barely the beginning of the pain that's about to come. One article I read through on Friday talked about how there will be a much larger decline to come. On the order of 5-7%. Umm...do these guys not study the markets at all? Inter-year pullbacks of 5% are fairly normal and regular and actually healthy for the markets. It's years like 2013 that are the anomaly where we get no really pronounced declines. What's even funnier is that in that same article they talked to another market prognosticator that had a different view. His take was that the markets would decline 6-8%. Is there really a big difference between 5-7% and 6-8%? Personally I'm hoping for 8-10% but who knows what's in store.
Read more »
- Weekly Roundup - March 19, 2016
Well another week gone and another week home. Even though oil prices have been climbing higher I haven't seen an uptick on the exploration side. Although I don't really expect to see too much of an increase because even in the high $30's/low...
- Weekly Roundup - May 3, 2014
Another week and another month is in the books and now we're on to May. With the markets going everywhere and nowhere during the month and May now upon us, the usual chatter of "sell in May and go away" is coming up. Personally I'm...
- Net Worth Update - February 2014
While cash flow is more important when it comes to financial independence, it's still good to look at the balance sheet too, which is why I provide these net worth updates. What a difference a month makes. The S&P 500 rebounded from January's...
- Weekly Roundup - October 12, 2013
Well this past week was pretty uneventful for me. Just grinding it out at work, as per usual. The bright spot is that every day that I'm at work I essentially am saving 70-80% of that days pay. That's the beauty of keeping your expenses...
- My Weekly Stock Watch List (5/31)
This week I did not purchase any stocks. I was planning to purchase more Target stocks on Friday but price went up and I decided to wait until next week. Here is my watch list for upcoming week*. Stock Name, descriptionprice as 5/31Dividend YeildARIApollo...