I decided to go ahead and make a relatively defensive purchase this month. Rather than buy Sonoco Products I, instead, added to my position in AT&T. Based on a comprehensive analysis provided by Value Line, AT&T appears to have incredibly strong fundamentals. I wanted to be somewhat conservative this month with the Dow trading near its … [Read more...]
Archives for April 2016
Reading a Quote
People rarely take charge of their investing activities. They spend everything they earn, build up large amounts of excess cash, or blindly dump resources into their 401ks. In some cases people look to professionals but fail to understand the logic behind the professional’s advice. This brings me to a simple explanation on how to read a stock … [Read more...]
Potential Buys: T, SRCE, SON, AAPL, MMM
As I mentioned earlier, I aim to make a new stock purchase every month. Doing so will help hedge against market volatility. As the portfolio grows so does the passive income! With that in mind, I’m looking at a variety of high-quality securities. For instance, I could add to my positions in AT&T or 1st Source Bank. I could also purchase totally … [Read more...]
Is Everything Really that Great?
The Dow Jones Industrial Average continues to trade close to its all-time high. Almost everything seems to be rising. But the question is why? Equities have surged for several reasons:• The Federal Reserve. • Surge in oil prices. • Stronger dollar. • Global stability.Recently, Fed Chair Janet Yellen told investors they would “proceed … [Read more...]