Saturday, June 24, 2017

Weekly Roundup - June 24, 2017

Curated list of articles on dividend growth investing, financial independence, freedom and passive income
Happy Weekend!  Check out what's been going on in my world and some of the best articles from around the blogosphere.

I hope everyone has been having a good couple weeks.  I've taken a bit of a break from writing, well not a planned one, it's more that life has gotten very busy.  As many of you know I work out of town so when I'm home my productivity regarding writing declines because I'd much rather spend time with my wife and daughter.  Especially now that my wife is on summer break from teaching and is home.


We're gearing up for our road trip to Nashville and plan to leave around Tuesday of this week.  We don't have much of a plan other than to make it to Nashville before July 4th so we can see the fireworks display there with our friends.  So it's pretty much just going to be a meandering trip over to Nashville which I'm looking forward too.

If anyone has any recommendations for places to see in either Louisiana, Mississippi, Alabama or Tennessee feel free to pass them along.

In other news it pays to have big pockets.  Warren Buffet and Berkshire Hathaway announced a deal with Home Capital Group that is another classic Buffet deal where he's the "financier of last resort."  I only read a cursory overview of the deal so forgive me if some of the details are wrong.  The gist of the deal is that Home Capital Group gets a $1.5 B line of credit from Berkshire with a 9% interest rate on the credit used and a 1-2% rate for the privilege of having the access.  In return Berkshire has the right to purchase around 40% of the company at a 33% discount to where the shares were trading prior to the deal being announced.  

This is a classic Buffet deal with a huge margin of safety similar to the deals he was able to enter into during the fallout from the financial crisis.  When you're the lender of last resort you essentially get to write down whatever terms you want as long as you're willing to walk.  This is a great deal for Buffet and Berkshire, but likely won't really move the needle much for the company's valuation.
   
On to the Roundup

In case you missed them, here's the posts from Passive-Income-Pursuit over the past week.

Also, be sure to sign up to receive posts via email and to follow me on Twitter@JC_PIP so you don't miss anything.  You can also follow me on Facebook or Pinterest if you prefer those methods to get your daily fix and keep up to date on happenings around here.

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.  This dividend growth investing and financial independence community is amazing and the openness from everyone is awesome.  Thanks again!

Now on to the links!

Investing In The Dividend Champions From 2007 by Dividend Growth Investor

Skills Matter: Differentiate Yourself by Income Surfer

How To Invest In An Overvalued Market by A Wealth of Common Sense

When Speculative Investments Pay Off Big by Retire Before Dad

Uber's Bad Week: Doomsday Scenario Or Business Reset? by Aswath Damodaran

Great News: There's Another Recession Coming by Mr. Money Mustache

Escaping The Magnetic Pull Of A Bubble by Jason Zweig

Value Disruption, Tesla, and Other Stuff I Will Never Understand by Diary of a Mad Retail Puppet

The Paradox Of Growing Up So We Can Avoid Growing Up by Our Next Life

May Dividend Income From You The Bloggers by Dividend Diplomats

Recent Stock Purchase June 2017 by DivHut

Ask The Readers: What Motivates You On Your Quest For Financial Independence? by Tawcan

How Would Ann Miura-Ko Have Reacted If Bill Gates Had Walked Into Her Office In 1975 by 25iq

Recent Sell by Roadmap2Retire

Cryptocurrencies: A Massive Home Run! by FI Fighter

If you're looking for investment ideas, A Frugal Family's Journey maintains a list of stock analyses and recent buys from fellow bloggers.

I hope you all have a great weekend!  

Image courtesy of Gubgib via FreeDigitalPhotos

7 comments:

  1. PiP -

    Have fun in Nashville. And yes - very interesting seeing Warren being able to continue to have value investments and safety pads all around. Appreciate the article!

    -Lanny

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  2. Good to see you back on the saddle. Short or long, breaks from blogging are definitely welcomed once in a while. I'm the same way when work is challenging, my energy and motivation to blog definitely decreases. I enjoy blogging, as it is one of my outlets, but I too would much rather spend time with the wife and kids.

    Thanks for sharing the roundup. And as always, thanks for the continual support of our two collections.

    Best wishes my friend. AFFJ

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  3. Glad to hear you guys are well. Have fun on the trip, and text me when you're free to talk. I have camped a bunch of great places, but this time of year it is a little hot. I would recommend renting a cabin at a TN state park though. It's about the cost of a hotel room and gets you out in nature. Memphis has some cool history and sites. You may also want to drop down to north Georgia and take I-20 back west. We spent some great time around Asheville a few weeks ago, and will be going back in a few more weeks. Great place to beat the heat while hiking to waterfalls and fly fishing. Safe travels
    -Bryan

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  4. Enjoy your road trip to TN. Wish I had some insight to give you but that's a part of the country I have yet to explore. Thanks for the DivHut mention as well. Have a great summer!

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  5. That is quite an amazing deal for Buffett and BRK. When companies are staring into the abyss, they will sign up for such deals.

    Have a great time in Nashville and thanks for the mention.

    Best
    R2R

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  6. If possible, you should check out the French Quarter in New Orleans, LA. Bourbon Street is party central.

    Thanks the weekly roundup.

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  7. Enjoy the trip.

    That Home Capital Investment surely squeezed some short sellers.. Which is why I do not want to be a short seller of equities ( only short seller of puts to buy companies at a discount)

    DGI

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