Target has obviously been a part of some very intense headlines this year – Data breach on credit cards, as well as CEO stepping down from the company. I have actually had this analysis in draft form and then last Tuesday – provided even more great news for me to hold off on publishing the article. Here is my Target (TGT) stock analysis and my decision to purchase or not to purchase:
“Failure is simply the opportunity to begin again, this time more intelligently.” – Henry Ford
“Failure is a part of success.” – Hank Aaron
A little over a year ago I sold my stake in my biggest nightmare investment and realized my largest loss to date, Best Buy (Ticker: BBY). No one ever likes to receive less cash than they invested. But you know what, it happens. What’s important are the lessons you learn from the experience and how you can prevent the situation going forward. This article will share my BBY tale and the lessons I learned from this losing experience.
As investor and other like-minded individuals, we find it is not so much how much money you make, but how much money you save that will further assist in your investing and financial freedom goals. Today we share 7 of our favorite ways to save, to which we will break each one down. We will find how much you can save on a monthly/annual basis, as well as how much those extra funds can be worth further down the road. Life is great when you can dissect your expenditures and figure out new ways to save and open up more cash to invest!
Many of the readers on these platforms are very frugal or are looking for ways to be frugal. I know I push myself to limit monthly expenditures I have that take away from life, interaction (to some degree) and also my pocket. I read an article from the NY times last year that said something around 90% of Americans are paying a form of cable television – 90%!!!! That’s a pretty alarming amount of people that are paying on a monthly basis to large corporations such as, but not limited to: AT&T (T), Comcast (CMCSA), WOW!, etc.. I know my fellow Diplomat – Bert – probably has shrills going through his body about this article because I know he enjoys having cable, more so for the fact to watch Sports, well, there are other means BERT.
How crazy is it to think that we are already 5 months in to 2014? We are nearly approaching the halfway mark and I still feel like I was just watching the ball drop. Anyways, as May closes it is time to review my month and to see assess my progress towards my 2014 portfolio goals. The month started out slow for me, but then things took an interesting turn as I made two purchases at the end of the month. With these purchases and some appreciation, I now see my portfolio sitting north of $37,750 with a yield of 4.03%. I am inching closer and closer to $40,000!
This week was a pretty exciting week for my portfolio. I crossed two major milestones in my portfolio: $35,000 in market value (Now over $37k) and $1,500 in projected dividend income. What’s exciting/crazy is I am one purchase and one crazy week of appreciation away from crossing the $40k mark. It is funny how fast your portfolio can grow. I was able to cross the $35k mark with two purchases last week.
A few days ago, I found myself at Dividend Mantra’s blog reading about stocks on his watch list and became very enthralled at his attention to the financial institution industry and a stock within there that he is observing. The financial institution industry has been ever-so changing over the last 5-6 years, with the financial crisis, increased transparency, regulation, increases of capital, consolidation of companies/institutions and the dramatic line of – “Acquire or become Acquired” mindset over the last 2 years – it has been a very exciting time for smaller community banks. I’m going to perform an evaluation of Southside Bancshares (SBSI) and OmniAmerican Bancorp (OABC), as SBSI is acquiring OABC. See below: Continue reading