The Importance of Updating your P/E Ratios

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.

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Making the Most of Your “Lunch Hour” Each and Every Day

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”.

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What Price Would You Pay For Revenge?

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?

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Take Risks – Nothing About Your Finances is Permanent

“Nothing is permanent about our behavior patterns except our belief that they are so” – Moshe Feldenkrais

I was a little shocked, but I was able to find a quote that aligns perfectly with the message of this article.  This morning, I felt motivated to write this article because it finally hit me.  If you are unhappy with the status quo of your financial situation or are on the fence about trying a new personal finance strategy, why not take risks and go for gold?

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Defining a Goal and Understanding It’s Purpose

Ah.. the candles are burning, the coffee is brewing and the mind is turning.  This is typically the time of year when we start thinking, writing down and developing the upcoming year goals and what is needed to be done in order to reach those goals.  As we start to write them down, one can literally write anything as their goal, such as, jump three inches higher, have the greenest grass, make the best bologna sandwich, write an article about the best bacon; you get the drift.  This article is really to hone in on not just establishing goals and the stones to walk on to get there, but the “why” to your goal, the “purpose” to what you are setting out to accomplish.  This is very important and a great time to take time to search for that purpose for what you are setting out to do.

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The 5 Most Important Factors for Us When Buying a House

If you haven’t picked up on this yet, after we stated earlier in the year we were not in a hurry to buy a house, my wife and I are beginning to ramp up the process for buying a house.  Wow is it a complicated, intense, and fast-moving process.   We’ve read articles, listened to countless hours of conversations with family/friends, and co-workers, and fallen asleep too many nights to HGTV in our effort to gather as much information as possible.  Buying a house is such a major life decision and we are going to take our time with the decision.   We are finalizing on our list of things that are the most important to the two of us and it only seemed fitting to whittle our list down to a five.

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Crushing $8,000 in Projected Dividend Income

December 2016.  Almost 6 months after I posted about crushing over the $7,000 mark, I have now jumped over the next rung on the projected dividend income high jump bar.  It couldn’t have come at a better time, when weeks are frustrating with traffic pile-ups from snow, working later hours for “the man” and the holiday season upon us.  To say I didn’t think I was going to reach this goal would be a lie, I knew I would get here.  I just knew it.  Luck has quite a bit to do with it, but I had faith and confidence in the actions I was doing, that I would get to the new height.  In this post I will share what I did to arch the back over the $8,000 in projected dividend income bar!

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