Last week the market continued to rise. Over the last quarter I began averaging in to Honeywell and even added on to my stake in Disney. Now I’m once again left scratching my head wondering what to buy next. The market appears overvalued, significantly so. The reason I don’t sell, however, is because we haven’t seen this … [Read more...]
401k Retirement Blues
If you’ve been reading my blog, you know I’m heavy into dividend growth investing. Most of these stocks are well-established blue chip companies and have been paying rising dividends for 25+ years. I follow this strategy because it has historically beaten the S&P, is favorable from a tax perspective, and it provides solid quarterly … [Read more...]
Recent Buy: Honeywell
With commission free trades taking over the marketplace, investors can now average in on a daily basis. A few weeks ago, I purchased Altria, only to watch the share price fall 15% in a very short period of time. The Juul vaping scandal came out of nowhere and absolutely destroyed the stock (for a while). Had I averaged in and … [Read more...]
Commission Free Trades
Over the course of this blog I’ve discussed how my goal was to deploy $2000 into the stock market. This typically took the form of one position, maybe two. However, in the past few days TD Ameritrade opted to eliminate its $6.95 trading fee. Schwab initially cut its trading fee to $0 to better compete with Robinhood. Other brokers, including … [Read more...]
3 Stocks for October 2019
With September coming to an end, I have to begin thinking of a new stock to buy in the month of October. Over the past several weeks we haven’t seen much movement in the broader market. We are still near all-time highs and overvalued stocks are everywhere. With the Fed cutting rates, a previously inverted yield curve, and ongoing trade tensions; … [Read more...]
Vaping Ban Batters Juul
I recently added Altria to my portfolio citing the transformation of its business and low valuation. Unfortunately, it turned out to be a falling knife, with the stock falling almost every day since I bought it. The concerns are threefold; high debt, declining cigarette sales, and a vaping ban. Over the past several months, there have been an … [Read more...]