This past week was pretty good. We finished another well and things went pretty smooth. Now I get to be home for my cousin's wedding today and through the rest of the weekend. Unfortunately I'll be heading back to work sometime early next week. There's was also a lot of blog news this past week. I analyzed both Starbucks and Stryker this past week and I like both companies from a dividend growth perspective but not necessarily at current prices. There was also some changes to my FI Portfolio where I trimmed positions in both Caterpillar and Intel to put that capital to work in companies I'm more bullish on for consistent growth in Baxter and Johnson & Johnson.
In potential market shaking news, the House passed a bill to defund Obamacare which was then sent to the Senate. The Senate passed their own bill to increase the debt ceiling and keep the government running until November. And then promptly sent the Senators home and won't reconvene until 2 PM on Monday, September 30th. As of midnight Monday night the government will shut down if no agreement is reached between the House and Senate. I try to avoid politics here because it's such a divisive issue, but I can't help but comment a little bit. They say how big of an issue this will be if the debt ceiling isn't raised and the government is shut down, and then take the weekend off? This is completely irresponsible in my opinion. I know it's all part of the game of politics but I just can't stand these people.
One last thing and I'll be done. I really hope that the individual mandate for Obamacare is delayed by a year like the employer mandate. But I'm not holding my breath on that one. Healthcare is a big issue here in America as a large portion of the country doesn't have access. While I understand the need to have access to healthcare, the way the Affordable Care Act is set up is absolutely horrible and the fact that in the land of the free we are forced to purchase a product/service or get fined is completely ludicrous to me. A public option should be just that an option. If I want to forego health insurance I should be able to, that's my choice and a risk I'm taking. Not that I would. A friend of a friend is suffering the effects of Obamacare already. They have a family of 4 and their employer is dropping the employer sponsored healthcare and sending them into the ACA. Their insurance will now be $12,000 more per year than before. So much for your health insurance not going up.
In better news, my cousin is getting married and everything worked out to where I can be home for it and share in their day. It takes me back to my wedding day with my wife and I can't believe that it's already been 15 months since our own wedding.
I hope everyone has a great weekend and gets to spend some time with friends and family. We're supposed to have some great weather here, although it will be a little warm.
What should you be worth? by Get Financially Integrated
New Scottrade Account by Compounding Income
Harris Corp (HRS) Dividend Stock Analysis by My Journey to Financial Independence
Rethinking this bond allocation should match your age formula by My Own Advisor
Dealing with investing indecision by Dividend Growth Stock Investing
Long term dividend growth investing by Dividend Growth Investor
What's your percentage? by I Heart Budgets
Those evil shareholders! by Pulling Ourselves Up Financially
Stock bought: XOM by Dividend Growth Machine
Recent Sale by Dividend Mantra
It's all in the habits: How I live cheap and create my own freedom by Young, Cheap Living
Have a great weekend!