Now enter 2016 baby!!! I know this post is long overdue, but we did not want to rush our 2016 annual goals and get them down on paper. These goals will be hard for sure, but what is worth having something if you didn’t have to work hard for it? Almost as if bananas were already peeled and you had to just pick up and eat it… maybe an orange is a better correlation there, but nonetheless, we have extreme goals for our blog. This will mark the year where we cross our two year Dividend Diplomat anniversary and want to make the year very forward-moving. We have quite a few new ideas for posts, twists to our current postings, as well as just the overall jokes between the two of us – this will come to you… ALL YEAR… LONG. Yep, I know you are all excited for us two crazy CPAs trying to find the balance in our pursuit for financial freedom through dividend investing, as well as the bumps, turns, bruises and the occasional bad pasta sauce along the way. Enough of the shenanigans… on to The Dividend Diplomat 2016 Goals!
Tag Archives: dividend investing
My Top 5 Reasons to Make Larger Stock Investments ($3,000+)
Now, we all know from my 2016 goals post that my plan was to contribute to the stock market a minimum of $24,000, as well as to make 3 large trades that are at minimum $3,000 per order (it can be higher as well!). I have had a few individuals message me, as well as other friends ask me this one question – why? They also have asked/stated – wouldn’t that then eat into your capital and then you would not be able to strike when an opportunity exists/occurs? I wanted to respond and shed more light on why I want to make these more “significant” purchases than my typical $600 to $2,000 purchases of stock I would make last year.
Lanny’s 2015 Portfolio Review
I keep a copy in PDF of my portfolio every quarter, and have a deeper dive at 12/31, but this also provides a blog’d example of where I stand, so I can always refer back on the site the historical position of my portfolio. As we have done in the prior year, this post will be a review and re-cap overall of my portfolio, the contributions, dividend going forward, dividend received, what I can analyze from the current position, etc.. It’s always fun to see what the year compiled into one snapshot of all of the hard work that goes into it. I am excited to see where it stands and what can be done going into this new year! Let’s dive on in. Continue reading
Lanny’s December Dividend Income
The LAST month of the year. The last month to tally up dividends for your annual/yearly total. Typically, within investing in US-based companies – December is usually a big quarter end, as well for all you Mutual Fund & ETF holders out there, in regards to dividend distributions, as well as capital gain distributions. With 11 months in the book and not one crossing the 4 digit mark yet – did the time finally come this December? I had my hopes high, so let’s see if Santa delivered over the 1K mark this Christmas!
Lanny’s 2016 Goals
I love this time of the year. Time to sit down in a quiet space with no distractions going on and reflect on the year a bit and then prepare for the successes and even failures of 2016/the next year. 2015 has been an amazing year, big ups and big downs throughout this time period – but that’s how we learn, that’s what makes us stronger and it’s on the pursuit of being happy. Cannot wait for what the upcoming year has in store and obviously will try to make due on my goals that I am establishing for the upcoming 12 months. My 2016 goals are as follows:
The Reminder of being a Dividend Growth Investor from KMI’s News
SMACK! The thunderous market was turmoiling, lower and lower. Kinder Morgan (KMI) was taking a beating. They just announced news about additional investments, further deteriorating the credit quality by the rating indexes. From trading at $42.81 to begin the year and then plummeting downward to a spiral collapse at $16.42 on the close of 12/7, is truly amazing, a 62% decline from one of the Nation’s biggest/largest oil pipeline companies. Management kept enamoring a dividend focused strategy, to set increases at a % growth rate each year, and then committing by showing/increasing the dividend throughout the year. Interesting how the year really can unfold… Continue reading
Am I too Overweight in Mutual Funds?
As investors, one of our favorite words is diversification. We are taught to diversify our portfolios to avoid exposure to any one particular investment or sector of the market and achieve balance. One of the easiest ways to achieve diversification is through purchasing mutual funds, which I did at the beginning of my investing career. However, now that I have grown as an investor and now own 30 individual stocks, I wanted to take a look back at my current mutual funds to determine if too much of my portfolio is allocated to these diversified holdings. It is time to take a look at the five mutual funds I hold and determine if ACTION needs to be taken.
