Unfortunately I didn't get to participate in the turmoil, aside from seeing my portfolio's value decline. That's right no purchases for my FI Portfolio. Although that's not because I was scared, worried, or didn't want to. It was just a factor of not having available capital at the time. It was one of the worst times as a long term investor to be caught without capital. However, I'm quite pleased with the fact that my first instinct was to rush out and make purchases but in the end I knew it was the wrong thing to do because our finances took a big hit with the loss of our son. $12k in expenses we always knew were a possibility but never really thought would happen will do that. So I held off for now. I have no idea if the bull run will continue marching on or if this is just the start of something worse, or better depending on your perspective, but over the next month or two I'll be doing my best to save as much as I can to get ready to load up on any other opportunities that we get.
In case you missed them, here's the posts from this past week.
- Dividend Update - July 2015
- Filling Your Portfolio with The J. M. Smucker Company
- Opportunity Knocks to Power Your Portfolio with Eaton Corp. Plc on Seeking Alpha
Once again I'd like to say thanks to each and every one of you that read, commented, and shared posts from here this past week. I think this dividend growth investing and financial independence community is amazing and the openness from everyone is awesome. Thanks again!
Now on to the links!
Why I'm glad to have had a job I hated by Dividend Mantra on The DIV-NET
A burst of sunshine for the Islands! by Islands of Investing
Do not get emotionally attached to a dividend position by Dividend Growth Investor
Double dipping through dividend growth investing by No More Waffles
Five high quality dividend growth stocks that look very appealing after recent volatility by Dividend Mantra
What a day by Income Surfer
My plan for stock market fear and panic by Financially Integrated
Breathe, relax, world is not ending by Tawcan
Hold your drawers and buy stocks by Retire Before Dad
Recent buys - August 3rd-24th by My Dividend Growth
Apple & Disney: Similar past, similar issues, similar future by The Dividend Guy
Recent buy - Starbucks by Roadmap2Retire
Understanding fair valuation: A common sense approach to long term investing success by Chuck Carnevale
When doing the right thing doesn't pay off by The Conservative Income Investor
A dozen things I've learned from Charlie Munger by 25iq
Also, if you're looking for investment ideas, A Frugal Family's Journey keeps a list of stock analyses and recent buys from fellow bloggers.
I hope you all have a great weekend!
Image courtesy of Gubgib on FreeDigitalPhotos.net.