It’s warm and Sunny here in Cleveland, surprisingly (we’ve even had 2 straight days of sun!), in the middle of February. Here I thought the groundhog said we were in for a brutally long winter! However, I didn’t realize we were in for a brutally rising stock market, either! This has brought in new traffic on this dividend investing highway and one thing I have learned over this past/last weekend is – one should update the expected forward earnings per share on at least a quarterly basis, and I’m here to tell you why you should be doing just that.
This month, I was back at it again and had some extra capital to deploy with a free trade credit staring my account in the face. So of course I was going to use this as an opportunity to continue building my position in T.Rowe Price Group (TROW) that I started in 2016. What’s funny is I wrote my last T.Rowe Price purchase article on 2/28/16, so almost a year ago exactly! One year later, I was faced with similar facts and made a similar decision. Time to see why I added to my stake!
Today, one of my co-workers was talking about his CPA exam and how he has one left to go to become an official CPA. Definitely a hard test, and thank goodness that’s long behind me. However, he was planning on taking it at the end of May. Even though we are in busy season, I stopped and asked, what? Why won’t you just put the 15-20 hours per week for the next 3 weeks and take the last part?! It dawned on him, after I laid it out – taking advantage of the one hour that you pound food, talk about the weekend with your boys and about what you’re going to do after work on Saturday, each and every afternoon gets you NO WHERE. If you want to accomplish things that you complain that you don’t have enough time for – make it a priority and take advantage of time, including that “lunch” hour. I don’t necessarily believe in a lunch-hour, I merely think of – you have a day – you are expected to accomplish work, objectives/deadlines, but definitely should take breaks throughout the day to do other things, etc.. but get your work done and in public accounting – be chargeable. I digress…I then showed my co-worker this lunch hour can produce 5 hours, at least, per week of studying, not including an early morning and then weekend studying after work and on Sundays. It finally hit him that accomplishing this goal is doable NOW instead of “maybe” LATER. It made me want to write about how to make the most out of what we call the “Lunch Hour”.
It is that time of the month everyone! For the last few weeks, everyone in the dividend community has taken the time to post their stories and discuss their progress towards financial freedom. If you have followed our blog, you would know that we do our best to compile, share, and discuss as many of those stories and dividend income summaries as possible. While we wish we could include everyone, unfortunately, because of time (especially during our busy season) we cannot include the dividend income summaries for every single blogger out there. There just isn’t enough time. This month, we were able to compile 25 dividend income summaries! So everyone, check it out. Here is our January Dividend Income Summary from YOU in the blogging community. ENJOY! Continue reading
Lanny and I have talked extensively about our disdain for owning a car, forking over a monthly payment for a depreciating asset, and dealing with all the random costs and annoyances that come with owning a car. Well, a half a year ago, I caused some self inflicted damage to my car and have a massive dent to show for it. This time, I drew a line in the sand and determined I am not spending my hard earned money for the repair!
Wow, here we are everyone! We are 1/12th in the books and the engine is starting to make progress for 2017. It has been one wild month, being in busy season – these are the days that last forever, but fly by at the same time. When you are working 60-80 hours per week, it feels like there is so much to do and going on that you can’t seem to keep up, but yet, your days are longer, still yearning for more hours in the day. Now that January is in the books, however, that means that one month of dividends is also recorded officially! Let’s check out the January December Dividend Income round up!
The holidays are a great time to share stories with your family. Have you noticed that the best ones seem to come out of nowhere, when you least expect it? Well, my mom definitely had me laughing for a while with two hilarious stories about financial revenge from her life and I can’t stop think about how funnier they are. But they have me thinking…how much money would you pay for sweet revenge?