Most of the posts covering my investing activity usually have to do with buying. Either by building existing positions share by share or buying a totally new stock. In this case, I actually sold out of Disney. In their recent earnings release, they reported decent results. The park business posted solid revenue growth and Disney+ seemed to be … [Read more...]
Recent Buy: Viatris
The market is extraordinarily expensive right now. One metric I like to look at is the Shiller P/E or CAPE ratio. This number represents the price-to-earnings ratio based on the average inflation-adjusted earnings over the past ten years. Meaning, it removes fluctuations in earnings caused by business cycles. As it stands, the Shiller P/E is … [Read more...]
Target Matches Amazon
One of the critiques of dividends is investors miss out on massive growth offered by tech. This is not always the case! Furthermore, for every surging tech stock, there are many more that decline or even disappear. Dividend investing focuses on companies with strong cash flow, healthy leverage, and growing (real) profits. As … [Read more...]
Sprinting to the Finish Line
It’s been almost two months since my last posting, so a lot has happened. According to my calculations, the dividend portfolio is approximately 12-18 months away from meeting minimum income expectations. Essentially in 2022/2023 I’ll have achieved financial freedom and will no longer “need” to work. This does, however, carry some assumptions. … [Read more...]
Recent Buy: Alibaba
In the 2020s it is likely China will emerge as the world’s largest economy. There are close to 1.4 billion people in China and the country has been growing at alarming rates. GDP growth rate averages around 6-8%; more than 3x that of the U.S. In addition, the country has a burgeoning middle class and a government intent on doing … [Read more...]
Buying Global
In recent weeks several clouds of uncertainty have dissipated. We now have a handful of strong vaccine candidates ready to distribute in the near future. These vaccines have upwards of a 90% effective rate, allowing us to end the pandemic in 2021. We also got past the chaotic 2020 election with a deeply divided government. … [Read more...]