Monthly Archives: November 2013

//November

An Investment Club Update

Earlier this year I started an investment club with some friends. The idea was simple; each member would put in an initial $500 and an automatic $100 contribution every month.  After the first month I didn't have very high hopes for the investment club's survival.  It took us a few months but we finally hit our stride. How We Operate our Investment Club We are only 7 or so months deep and it took us a few heated exchanges to get here but what occurs: One person will approach the group via a private facebook page with an investing idea.  That idea [...]

By | 2013-12-17T00:01:45+00:00 November 25th, 2013|Personal Situation|2 Comments

I Sold a Portion of a Position in my Dividend Growth Portfolio

I have gone back and forth in the past about whether I should ever consider selling any piece of my dividend investment portfolio.  The 30 or so comments are more valuable than the actual post! They include those who have been in the Dividend Growth Investment world before it had a name. The post was based on two divergent opinions by DGI and DividendMonk.  DGI based his decision on the underlying business (to an extent) while DividendMonk was much more into checking out metrics.  I always thought I would fall in the middle.  But, I'll be the first to admit that I [...]

By | 2014-05-28T15:41:16+00:00 November 22nd, 2013|Dividend Investment Portfolio|1 Comment

November 2013 Dividend Watchlist Update

After my October 2013 Dividend Watchlist I bought: 22 Shares of Leggett & Platt for $652 with commissions This (along with every other) update takes a snapshot of certain metrics on a certain date.  This update was prepared on the night of November 17, 2013.  The spreadsheets below do not update automatically.   My Dividend Investment Portfolio Screening Criteria The company has paid increasing dividends for the past 20 years. The stock has to have a Price to Earning that is lower than their industry average. The Price to Earnings Ratio has to below 20 regardless of industry average. The Operating Margin has to [...]

By | 2013-11-18T00:15:23+00:00 November 18th, 2013|Dividend Investment Portfolio|2 Comments

I Have a Personal Problem Investing in Unprofitable Companies

It has been hard to ignore news about Twitter recently which went public on November 7, 2013.  It immediately went from $26/share to $40+ topping out $50.09.  It has since retreated recently (11/13/13 - $42.60) leaving me confused.  To date, Twitter has never made a profit.  Of course there are a ton of companies that aren't profitable, but those usually don't have a market cap of $23,000,000,000 ("B" with a billion) or if they once did they no longer do (cough cough Blackberry). Call me crazy but when I am investing in a business through ownership of their shares I want that [...]

By | 2013-12-16T23:49:09+00:00 November 15th, 2013|Investments|7 Comments

Could You Even Imagine Living During the Great Depression?

I just recently started reading The Snowball a Warren Buffet biography by Alice Schroeder, and being that the oracle of Omaha was born around the era of the Great Depression it invariably comes up as a topic.   I am not that deep into the book but interestingly enough Warren's parents actually seemed to have continue to prosper during that tough time for America.  It is that fact that made me think about what the equivalent of the great depression would be today? A Market Crash Like No Other According to the Wikipedia entry for Wall Street Crash of 1929, The market had been on [...]

By | 2016-03-07T22:35:32+00:00 November 13th, 2013|Random|3 Comments