Weekly Roundup - October 3, 2015
This past week was crazy. We had all sorts of issues with work, none related to my stuff, and then Wednesday afternoon I finally got to go home. Or so I thought. I made the 10 hour drive back home and then Thursday afternoon I get a phone call. Turns out the company we were working for changed their mind and wanted to use our tools to finish the well instead of the other company that they had been using. So early Friday morning after about 24.5 hours at home I got back in my car to drive another 10 hours and get everything ready again. What a mess! I can't say I was too happy about that and was very close to telling them there's no way I can go back out there. But like the good little worker bee that I am, plus since I'm the sole provider for our household, I grudgingly drove back out there. It should hopefully be for less than a week but you never know how things will go out here and you could easily be 5 hours from going home and then end up being gone for another 3 weeks.
I got some writing done this past week with two stock analyses going up on Seeking Alpha but for the most part I was doing data collection. Data to catch up on my own finances from the previous month or two and also to start being able to write some more stock analyses. I've got several lined up but now I need to spend the time writing them. It's good to be back into a routine and back to "normal" and I plan on writing much more often that I have been so far this year.
If everything works out right I think I can squeeze in a purchase in the second half of the month. At least I hope that's how things go. I've been having to sit on the sidelines as the markets started to go a bit haywire and that's been absolutely frustrating. There's a lot more value available now with dividend growth companies and it's quite refreshing. I remember just a few months back how everyone's watch list, mine included, was just a few companies long and even those needed 5% pull backs in the share price to reach the buy targets. But after the markets have retreated some the watch lists are much more rich and offer better value. Now the tough decision changes to which one to add instead of which one do I settle for as being the closest to my buy zone. That's a good problem to have and it's crazy how much can change in just a few months time.
In case you missed them, here's the posts from the last two weeks.
- You Can't Clean Up A Messy Valuation: The Clorox Company Dividend Stock Analysis on Seeking Alpha
- 3M Company: A Diversified Conglomerate Poised to Continue Delivering Results on Seeking Alpha
Also, I know several of you use Scottrade and unfortunately they announced they were hacked and had a data breach. They say it's just contact information but make sure you check into your accounts and make sure to change your passwords.
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!
Freedom Fund Update - October 2015 by Dividend Mantra
Whatever will happen, will happen by Dividend Hustler
The endless chase by Tawcan
Dividend Portfolio Sector Allocation - September 2015 by DivHut
Define the right stock price in a volatile market by The DivGuy on My Dividend Growth
An update and a new buy by Income Surfer
How to properly weight dividend portfolio holdings by Dividend Growth Investor
A few quotes from Seth Klarman's "Margin of Safety" by Building a Stable Dividend Portfolio
How to create multi-generational financial security by Financial Samurai
Progress towards a balanced lifestyle by Financially Integrated
Outlook for October 2015 by Roadmap2Retire
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 and that you all get to enjoy some nice weather. The slightly cooler temperatures here are more than welcomed.