Proof of Profitability
The following four paragraphs come from Kelly Wright and I could not have said it better myself:
"From our perspective and experience, the cash dividend is the more attractive profit path when investing in the stock market. In the first instance the cash dividend is just that, cash in hand; a tangible return on investment. Unless a company is committing outright fraud, a practice that will typically be short-lived, the cash dividend is evidence that the company is indeed generating profits; a c…
Saying good-bye to two stocks in our portfolio
This week I say good-bye to two stocks in our portfolio. It’s been a great number of years, but it was time to part our ways. The split wasn’t accidental, in fact this week the Dow closed over 12,000 points for the first time in 2 ½ half years. When this happens I typically use the time to consider selling stocks which have in my opinion not performed well.
I sold Weis Markets (WMK) and Southern Company (SO) this week. I bought WMK back in 2003 when the company was undervalued and had an amazin…
Long Live the Dividend!
This is a follow up to my previous post about dividends. When talking about dividends I always get the same two comments from people:
- Dividends are insignificant, a few cents here and there is not going to make me wealthy.
- Dividends are not guaranteed, companies can stop paying dividends at any time.
The first comment was addressed in my previous post; I showed how increasing dividends can actually result in double-digit returns. I showed my personal example of earning over 11% annually w…
Dividends Are Key
Most people dismiss dividends; most people don’t even know what dividends are. In today’s blog I’m going to share with you my personal story of how I’m earning double digit returns and without risk with one of my investments.
Dividends are cash payments made out to shareholders. Basically the company is sharing profits with the owners, the shareholders like yourself. For example if you own shares in company XVY and they pay a dividend of $0.85 per share and you own 1000 shares, you will receive…