For the time being, major media outlets are admitting a recession is no longer in site and that the U.S. economy remains strong. On Friday, the jobs data blew past expectations. The United States created 266,000 jobs in November versus 180,000 expected. The unemployment rate ticked down to 3.5% with average pay rising 3.8%. … [Read more...]
Target is #1
In September 2016 I acquired Target’s stock in the upper 60s. This was shortly after the company went “political” and sparked a boycott from conservative groups. In addition, the company was facing stiff competition from Amazon and other retailers were failing everywhere. I watched the stock fall into the lower 50s. As it collapsed further, I … [Read more...]
Market Valuation Metrics
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...]