Money and Finance
Weekly Roundup - March 29, 2014
I've been a bit absent the past week or so and even missed my normal weekly roundup post last weekend. Never fear though I'm back and have a new installment of the roundup. My FI Portfolio has been performing great the last two weeks and I even found some opportunities to invest a bit more capital in an otherwise very heated market. First I purchased some more shares of Kinder Morgan, Inc. In short, there was a big stink about maintenance capex but a lot of the claims were pretty much unfounded. No worries though for the long-term investor as short term bad news provides great buying opportunities. And then this past week I purchased some more shares of General Electric. I've been eyeing opportunities to average down since I purchased shares but they just haven't shown up so I went ahead an averaged up my cost basis by a little bit. General Electric is a huge industrial powerhouse so I was glad to get a bit more exposure there.
Since my main goal is to retire through dividend growth investing, what really gets my heart aflutter is dividend increase announcements. And March was great for that with 6 of my holdings announcing increases including the much awaited increase from the token $0.01 that Bank of America has been paying since the Great Recession. The new quarterly dividend is $0.05 which still isn't spectacular but it's back on the right track. Management tried to give a higher dividend than $0.05 but was turned down by the Fed. This is probably for the better as there's still more litigation issues to settle from the financial crisis/housing bubble. Either way I'm excited about all the dividend increases! With the purchases and increases I'm now well over $4,100 in forward 12-month dividends which is awesome. That's over $340 every month!
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Dividend Growth Investing At Work: Johnson & Johnson (jnj) Gives Owners A 7.1% Increase
Quick update today as I sit at the hospital with Luke! But it's one that I love, especially since Luke is doing better than last week. I love hearing about dividend increases. Like absolutely love them. There's few things that I like...
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Dividend Update - February 2013
March 1st has rolled around so it's time for another installment of my Dividend Update. This is my favorite of my monthly updates since my ultimate goal is to reach early FI and live off my dividend income. February wasn't the best of months,...
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Recent Buy
This morning I picked up 36 more shares of KMI at $34.36. I added to the recent position that I initiated last week. You can check out that post here. The 36 shares will provide an extra $50.40 per year in dividends before future increases or reinvestment....
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Weekly Roundup - September 15, 2012
Well another week is in the books so that means it's time for another weekly roundup of blog links and articles that got me thinking. So here goes. Trading Vs. Investing Dividend Mantra wrote about the difference between trading and investing...
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Weekly Roundup - September 8, 2012
I figured that I would start a Weekly Roundup of my own for posts that I read from other dividend growth and personal finance blogs that got me thinking. Here's this week's posts. The Next Bubble is in Canada, and It Will Affect Everybody...
Money and Finance