The 3M Company (MMM) is no longer the stalwart it once was. In the most recent quarter, 3M reported EPS of $2.48/share, barely beating expectations. Over the past few years, sales growth has been okay, but earnings have been flat. YOY sales and earnings are both down. 3M is currently facing a strong dollar, recession, … [Read more...]
The Spice of Investing
The bread and butter of this blog is dividend investing. Buying cash flow rich companies and letting those businesses compound. This strategy has been proven to beat the S&P 500 over the long term. The key there is time. Years! Decades! This is probably why some of the most popular financial personalities got popular by promoting junk … [Read more...]
A Tale of Two International High Yielders
Phillip Morris International (PM) and Intel (INTC) are widely different companies operating in completely separate industries. However, both are relatively inexpensive, offer a high dividend yield, have international exposure, and are leaders in their respective industries. With almost every major company trading down in 2022, higher yielding value … [Read more...]
Recent Buy: T. Rowe Price Group, Inc.
I love how most stock brokerages have moved to zero commissions. This allows investors to dollar cost average in on a daily basis if needed. When I was in high school it cost $10 to buy and sell on TD Ameritrade. So, from a practical standpoint, I felt obligated to invest $500 or more. I wanted to feel like I was getting value for my trades. … [Read more...]
Covered Calls in 2022
It’s been a tough year for all of us. Some more so than others! Those invested in speculative, high-growth, low free cash flow companies continue getting killed. These companies have dropped 80% or more in some cases. The Dow 30 held up much better with the index only down around 15% for the … [Read more...]
ExxonMobil Surges
With all the inflation, the energy sector has been one of the greatest beneficiaries. Oil prices are well over $100/barrel and the S&P 500 energy sector has returned nearly 72% over the past year. All this while everything else in the market is falling. I purchased my first shares in Exxon Mobil (XOM) in 2017, at an initial price of … [Read more...]