Saturday, October 12, 2013

Weekly Roundup - October 12, 2013

Well this past week was pretty uneventful for me.  Just grinding it out at work, as per usual.  The bright spot is that every day that I'm at work I essentially am saving 70-80% of that days pay.  That's the beauty of keeping your expenses low and investing the rest.  Creating and sticking to a plan is the difference between achieving your goals or not.

I can't say the week was uneventful for the government or the stock market.  The markets were whipsawed around by the continuing government shutdown and looming debt ceiling deadline on October 17th.  Of course as things usually go, I had no capital to take advantage of the drop early in the week.  By Thursday there were rumors of negotiations actually taking place and the markets rejoiced.  Me?  Not so much.  Just as I was starting to compile my hitlist and get capital transferred over to my brokerage account, the markets went on a big run on Thursday and Friday to erase some of the value opportunities that were available.  I don't expect anything major to come through this weekend and I'm hoping that negotiations end in a stalemate.  Much like all the other government involved fiscal crises, I expect the status quo of 11th hour agreements to come again.  Hopefully Mr. Market will be in a sour mood to start the week.  What's on your hitlist should there be further weakness in the markets?

I'd just like to thank everyone that stopped by, commented, or shared posts from Passive-Income-Pursuit this past week.  I truly appreciate it and it means so much to me.  As usual, if there's anything you'd like me to take a closer look at feel free to let me know in the comments or by email.

Now on to the links!

Uncertainty in the markets by Dividend Growth Stock Investing

Accenture PLC (ACN) Dividend Stock Analysis by Dividend Growth Investor

Monthly update - September by All About Interest

The only thing that matters is your core portfolio by The Dividend Guy

Why I recently turned down some higher paying jobs by Get Financially Integrated

Aflac:  Still Undervalued, still with risk by Dividend Monk

Will you retire better off than your parents by Retire Before Dad

New Purchase - TGT by Compounding Income

Should furloughed government employees be paid during the shutdown?  by Frugal Rules

A real dividend growth machine: Q3 2013 review by Dividend Growth Machine

Recent Buy by Dividend Mantra

I hope everyone has a great weekend!


  1. Thanks for the links. I enjoy reading financial post. Thanks for sharing this with us.

    1. Jon,

      No problem. I know there's always plenty of articles that I miss during the week.

      Thanks for stopping by!

  2. I'm in the same spot as you JC, wishing for more capital at the beginning of this past week. Was a great buying opportunity for many companies, just didn't have the available capital to pull the trigger!

    1. W2R,

      Of course there hasn't been many times that I haven't been wishing for more capital.

      Thanks for stopping by!

  3. Thanks for the mention -- I hope you enjoy the weekend!

  4. PIP,

    Thanks again for the mention! I think I worked out the comment issue using Chrome instead.


  5. Pursuit,

    Thanks for the inclusion. Much appreciated!

    I actually had some capital available to me during the recent dip, but I still wasn't finding anything that really compelled me. I only really wish I would have waited on XOM by another day or two and could have bought shares about a buck cheaper. Other than that, I'm hoping we'll see bigger deals soon. If not, I'll continue buying what looks good at the time.

    Best wishes!

  6. Great list, I was trying to find some analysis for some utility stocks. Any thoughts on AVA or SO?

    1. Anonymous,

      I'm not too big on utilities as I expect them to have issues going forward as rates increase to normal levels. That's going to cause their cost of capital to increase and since they can't change the rates they charge customers without government approval I expect that to be a bit slow. That being said, SO is a solid company and should weather those issues fairly well. I think there will be better opportunities to get into utilities stocks. Just my $0.02.

      Thanks for stopping by!