Does technical stock analysis deserve a place in a dividend investor’s tool belt? Yes, I think it does for adding insight to short-to-mid-term trends and pricing. But technical analysis should only play a secondary and supplemental role after exhaustive fundamental and qualitative analysis. Some dividend investors may steer clear of technical analysis entirely because it…
When it comes to time, money and travel, people fall into one of four categories: Backpackers – Lots of time, but a finite amount of money Vacationers – Enough money, but not much time Broke People – No money for travel and very little time Financially Independent Travelers – All the time and money needed…
We opened a spousal Roth IRA in my wife’s name in 2013 and contributed $5,500 to both her’s and my Roth that year. We’ll continue to contribute the full amount to both of our IRA’s every year going forward, as long as we don’t hit any income limits. Mrs. RBD works her ass off as…
I recently made a simple move that increased my passive income by $12 per year. This move has other positive effects on my long-term goals because it helps to simplify my finances and taxes, and will further diversify my investing through pooling dividends to buy new stocks. I transferred all of my Verizon…
A while back I read a cool guest post by Money Graffiti on Budgets Are Sexy about the legality of writing on dollar bills. You can read it here. It reminded me of a story from my 14-month backpacking trip about a special and very ugly dollar bill. A consistent necessity throughout my trip was exchanging…
Update: I received an email indicating PG has left Computershare for Wells Fargo Shareowner Services and is raising fees. I find this disappointing as we’ll need new accounts at WF. Because of the fees I no longer recommend the Procter & Gamble DRIP. Revolt Against Fees! For information on how to transfer shares out of a DRIP,…
Early on in college, I designated the summer of 1997 as the time to get an internship in finance. Other summers I spent working at the beach or goofing off in my home town. Headed into my senior year, it was time to get serious and start building my career. Merrill Lynch offered me an…
Before a company’s annual meeting, shareholders receive a package in the mail or via email. It contains an invitation and some documents known as proxy voting materials. The proxy voting package outlines upcoming proceedings that will take place at the annual meeting. Usually, this includes voting on the Board of Directors, confirmation of the public…
Are you interested in learning about using the Roth IRA for early retirement? Anyone seeking financial independence must understand how to utilize the Roth IRA for early retirement in the context of their own retirement plan. Its usage will not be the same for everyone. Government incentives and laws consequently shape and complicate all of our…
Every quarter I update the Portfolio page to show how my passive income streams are fairing. Included is the amount of money I make on my rental property. In this post I’m going to give you some background and crunch the numbers to show you exactly how I calculate my cash flow. The property is…
I have recently done some sector weighting analysis on my portfolio. By evaluating my portfolio, I can see where I am overweight and underweight large sectors of the economy. When determining my watch list priorities, I can use this analysis to help guide my purchase selection. Stocks can be broken into nine sectors. They are:…
Update: I’ve since transferred my Verizon DRIP shares out of Computershare and into TD Ameritrade. Click here to read about the transfer process. Instead of opening new DRIPs, I prefer a more flexible platform called M1 Finance. M1 Finance gives you all the benefits of dollar cost averaging and fractional shares but at a lower…
As of late 2017, I still hold all of my Coca-Cola shares in the Coca-Cola DRIP. However, I’m no longer reinvesting the dividends. In addition, I do not start any new DRIPs these days. I prefer a more modern online broker called M1 Finance that gives you the power of dollar cost averaging and fractional…
Please read my latest update, 20 Years In The Chevron DRIP. I have been dividend investing as a core investment strategy since May of 1995. That year on my birthday, my uncle gifted me one single share of Chevron stock, symbol CHV at the time, now CVX. He was an employee for the company and he…