Another week down and we can count off September as well. The second half of September took the markets on quite a ride but with volatility increasing that usually means lower prices and better entry points. I took advantage of the volatility earlier this week to initiate a new position in United Technologies (UTX) and add to an existing one as well, that write up is coming early next week. I love when one month ends and another begins because that means it's time for dividend updates to be coming out. That's honestly one of my favorite things, seeing how many of you are taking control of your future by investing today for tomorrow.
Other than that it was another work filled week which was honestly welcomed after the craziness of the past few months with Lucas, our son. It was nice to get back into a semi-routine and have a sense of normalcy. Plus it didn't hurt that I was able to actually write some posts here. It's a nice little escape. Other than that we're stuck in limbo with Lucas until Monday when we'll hear back from the FDA.
I know it's a bit old but it's interesting to see nonetheless. The New York Times had an interesting chart showing the tax rates, across all levels, for companies in the S&P 500 between 2007 and 2012. During that period 9 companies paid no taxes at all and 1 out of 7 paid less than a 10% effective tax rate. The insurance and energy industries had the highest effective tax rates at 51% and 37% respectively. Anyways, here's the link to the interactive infographic if you want to play around with it.
In case you missed them, here's the posts from the past two weeks.
Now on to the links!
Why I'm liking accumulation vs one-time investment by Financially Integrated
If my 2 1/2 year old son could buy stocks by Retire Before Dad
I have failed BANKRUPTCY! by Asset-Grinder
Do you sell after a dividend cut? by DivHut
Recent buy by Dividend Mantra
You don't need to be right all the time to succeed with dividend investing by Dividend Growth Investor
Will you encourage your kids to attend college? by Income Surfer
Outlook for October 2014 by Roadmap2Retire
Ma Bell by Dividend Dreamer
My investment plan, made real! by Dividend Developer
The psychology of lower returns by A Wealth of Common Sense
The world continues to ignore Warren Buffet's coiled spring by The Conservative Income Investor
I hope you all have a great weekend!