Monthly Archives: January 2015


What Does it Mean to Buy Your Stocks Like Groceries?

I am in the middle of re-reading Benjamin Graham's classic book, The Intelligent Investor, and I came across a quick blurb that I can't stop thinking about (well maybe that is an exaggeration, but I l do really love the quote).  For the uninitiated, Benjamin Graham is basically the father of value investing.  He is the main reason that Warren Buffett chose to go to Columbia University, and in the Fourth Edition foreword Warren Buffett is quoted as saying the book is the best book about investing ever created. In the introduction Mr. Graham states, In an article in a women's magazine [...]

By |2015-01-27T12:52:07-04:00January 27th, 2015|Investments|3 Comments

Wall Street Journal Reviews the Balance Sheet of the Wealthy and Upper Middle Class

A few years back I wrote a post highlighting the common traits I often saw on high net worth balance sheets on a weekly basis at my job.  It wasn't scientific at all, but rather, anecdotal similarities I saw working as back office support in a financial and estate planning office.  Notwithstanding my 200 word post on the topic, Wall Street Journal just highlighted some amazing statistics from a recent study titled, "Household Wealth Trends in the United States 1962 - 2013."  I didn't read the whole study, so I am relying just on the Wall Street Journal Article, "How to Save Like the [...]

By |2015-01-27T19:33:22-04:00January 12th, 2015|Random|6 Comments

January 2015 Dividend Watch List

For the past few years I have been using a very specific screening process with only a few changes. Once or twice a month I refer to my “watch list” and determine stocks I should purchase in $500 or $1,000 lots.  My goal is to find undervalued companies that have been increasing dividends for the past 25+ years.  To determine what is undervalued I refer to a company’s Price to Earnings, Operating Margin, Price to Book and then further deselect companies based on yield and dividend ratio. For the first time in a long time I did not do a monthly last [...]

By |2015-01-05T15:20:32-04:00January 5th, 2015|Dividend Investment Portfolio|8 Comments

January 2015 Net Worth Update

I can't believe it has been 4 years since I started tracking my net worth.  I wasn't (nor am I currently) providing my net worth, so what I decided to do was just assign myself a net worth of zero and then provide monthly updates thereafter tracking my growth.  For the most part it doesn't provide the financial voyeurism most are looking when reading these posts, but that's not the real reason I write them every month.  For me, the real reason I do these is to force myself to look at the numbers every single month. Calculating my Net Worth My Assets My [...]

By |2015-01-05T15:21:38-04:00January 1st, 2015|Personal Situation|5 Comments