Saturday, August 24, 2013

Weekly Roundup - August 24, 2013

This past week was very busy for me.  It started off with a quick call out on Monday to head back to work.  I was hoping to be home at least until Tuesday and maybe until Wednesday, but they got things done at the rig much faster than I expected.  I don't like starting these jobs up because it's a lot of work for about 2 days, then catch up on sleep, then a lot of work for 2 days, then catch up on sleep and then everything slows down a bit and it's much better from then on.  But the the start is such a pain and time is very short.  I was hoping to get at least one stock analysis out this week but I was too pressed for time.  I'll get at least one out next week and hopefully two or three.  There wasn't much to do with my portfolio this past week.  Although I did sell off some more shares of Halliburton and closed my position in Alcoa.  I also started a small position in IBM as well and I'm hoping to be able to add to it over the coming months.  It's going to be great to start investing capital again after taking most of the last 1.5 months off due to the upcoming house purchase.

In case you missed it, on Thursday the Nasdaq exchange was shut down for over 3 hours due to a "computer glitch" whatever that means.  Well Friday morning Yahoo! Finance had a poll up asking this question.

Where's the who cares option?  The only people this should have effected are traders, for investors though this shouldn't have caused any major issues.  Just a three hour delay in getting updated prices that you probably don't check anyways.  The whole situation reminded me of one of Warren Buffet's quotes.

"I never attempt to make money on the stock market.  I buy on the assumption that they could close the market the next day and not reopen it for five years" - Warren Buffet

So if the shutdown of the exchange caused you any grief, are you really an investor or just a trader?  We should all invest capital with the intent for it to be a long-term holding by focusing on high-quality companies, not just their stock.

Just want to thank everyone that mentioned Passive-Income-Pursuit or stopped by this past week.  I hope you had a great week and have an even better weekend.

Now on to the links:

An Update from the Post Job Life (The Good Life) by Young, Cheap Living

My Dividend Machine vs an Index Fund by Get Financially Integrated

Why I Hold 100% of my Equity Investments in a Taxable Account by Dividend Mantra

Get Realistic and Sell your Stocks by The Dividend Guy

Introduction to Options Trading - Part 1 (Puts) by All About Interest

Why Dividends Matter by My Own Advisor

Dividend Disaster Prevention and Recovery by My Journey to Financial Independence

How to Invest in the Stock Market with Little Money by Frugal Rules

Shareholder Yield - A Better Approach to Dividend Investing Book Review by Dividend Ninja

Five Dividend Stocks Buying Back their own Shares by Dividend Monk

A Better Way to Save for Retirement by Dividend Growth Stock Investing

Wal-mart Stores (WMT): A High Dividend Growth Giant by Dividend Growth Investor

Have a great weekend!


  1. Pursuit,

    Thanks for including me. Much appreciated!

    And I also didn't even notice the Nasdaq issue. Doesn't really matter to long-term investors like ourselves.

    Have a great weekend.

    Best wishes!

  2. Thanks for the mention!

    As for the Nasdaq blip, well, glad I'm not a day trader! :)