|Happy Weekend! Check out what's been going on in my world and some of the best articles from around the blogosphere.|
We've also been busy helping to clean out my grandmother's house with the rest of the family as she might be moving soon. Or might not. Or maybe. Or maybe not. She hasn't necessarily been wishy washy, but it's more the financial situation that's dictating the fits and starts mode that we've been in. Her current house needs work done on it to be able to sell for top dollar and she also needs to clear enough after the sale of the house to rebuild her cash position and purchase the house she would move into. What makes things difficult is that all of the work that would need to be done is around $50k, yikes! And her current house would be one of the highest priced in the neighborhood, but without a fully updated inside. So we're kind of stuck in no man's land and searching for alternatives.
In case you haven't heard yet the Brexit went through. This sent global markets into a nose dive with the DJIA dropping over 600 points on Friday alone and the S&P 500 falling 75. Ouch! Although for perspective that's 3.39% and 3.59%, respectively, so the overall damage wasn't that bad. Leading up to vote it appeared that just about everyone expected the vote to leave to fall short of passing, but so much for experts and their opinions. I'll be the first to say that I haven't studied the ramifications of the Brexit ; however, I DO have an opinion on the matter.
So here's my best guess as to how things play out. The markets could potentially pull back now that there's a lot more uncertainty. Or they could move higher because what the hell do I know. However, when we move out to 3, 5 or 10 years from now this is just going to be another in a long line of forgotten "financial calamities to ruin the world" that never really came to be.
I've still got some work to do with getting on a bit of a schedule for writing, but it's getting better week after week. I hope to meet up with my buddy this weekend to try and get something ironed out for a tool that I think would be helpful for everyone interested in dividend growth investing. And meet up to watch a little soccer as well. Here's to being productive...tomorrow.
One last thing that I need from one of you. I'm looking to try and find sector/industry market returns since say the mid 90's until now or at least the mid 2000's. If anyone knows where I can find that I'd truly appreciate it.
The Devil's Financial Dictionary by Jason Zweig (affiliate link) is a nice little time killer that gives brutally honest and often humorous definitions of different finance and investing terminology.
Today's word/definition is:
"Quiet Period, n. - An interval of thirty days before a company's public offering of its securities, during which the company provides no useful information to investors, as opposed to all other times, when it provides almost no useful information."On to the Roundup
In case you missed them, here's the posts from Passive-Income-Pursuit over the past week.
- Net Worth Update - May 2016
- Dividend Growth Investing at Work - Healthy Customers, Healthy Dividends
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!
What If The (Almost) Worst Happens by Our Next Life
Wal-Mart Stock in Focus: Struggles & Prospects by Sure Dividend
How To Get Dividend Investment Ideas by Dividend Growth Investor
Recent Sell - The Big Reset Edition by Roadmap2Retire
What To Make Of The Tesla-SolarCity Deal? by Income Surfer
Recent Stock Purchase June 2016 by DivHut
The Latest Look At My Venture Portfolio by Financially Integrated
The Janitor's Tale by Freedom 35
Revolt Against Fees! by Retire Before Dad
Brexit - Early Thoughts by FI Fighter
Crushing $7,000 In Projected Dividend Income by Dividend Diplomats (Lanny)
Five Common Mistakes Dividend Investors Make - My Self Assessment by Dividends in Hand
Apple Stock: Modern Investing Philosophy by The Conservative Income Investor
A Dozen Things Someone Might Learn About Investing And Business From The Simpsons by 25iq
Types of Dividend Stocks and Investments by Dividend Ladder
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.