Lanny’s June Dividend Income Summary

Can we say the best month in dividend income I have ever received?  Let me repeat that – NEW DIVIDEND INCOME FOR THE MONTH RECORD!  I am so fortunate to be able to talk and write about the production from my cash flowing, dividend producing portfolio.  I was very excited to go into the month of June, as many other bloggers were aware based on the comments from their posts.  With all of that being said, let us take a look at the month’s recap of the June dividend income I received:

Continue reading

Expected July Dividend Increases

Hey everyone.   It’s that time again, to guess which companies will announce a Dividend Increase!  As a dividend growth investor, I enjoy seeing which companies increase their dividend and attempting to guess the announced increase.  As we approach the final business week of the month, we will project which Dividend Aristocrats will announce a dividend increase in July based on their dividend history.

Continue reading

Latest Stock Purchase 6/16/14

The decision was made on an opportunity that I felt was staring blank, right into the eye.  The opportunity I felt in my gut, came from an analysis I did on a stock over this past weekend.  I simply used our dividend screening tool to assess the situation and thought – this fits in and based on past history and valuations currently, I had to pull the trigger.

Continue reading

Maximizing your Roth for 10 Years… Then Set It & Forget It!

Now I know I am one to fully dive into research, use calculators and figure out the, hopefully, most efficient and effective way to get to a goal.  Today I want to show you that if you maximize your Roth IRA contributions, currently at $5,500 per year, you can do so for 10 years and then all of a sudden you can STOP contributing… Yes – STOP placing more funds into your personal Roth IRA.  This is the “set it and forget it” model and  I will show that through dividend reinvestment and a conservative market return allows you to no longer need to really contribute after 10 years, as you’ll have quite a “hefty” nest egg and will be able to use the $5,500+ on other investments – like your individual-taxed stock portfolio.  Read more to discover the benefit of maximizing your Roth IRA. Continue reading

A Best Buy Tale: Lessons Learned from My Largest Loss

“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.

Continue reading