Weekly Roundup - September 17, 2016
Happy Weekend! Check out what's been going on in my world and some of the best articles from around the blogosphere. |
I don't have any major concerns for the company that I trimmed, but since it's within a tax advantaged account I need to go with my highest conviction businesses. That means something like a Johnson & Johnson (JNJ) (Analysis Here), PepsiCo (PEP), Realty Income (O) (Analysis Here) or the like. Of course valuation is extremely important so I'll be looking for better entry points.
The only other action in my portfolio was the call option I sold on Target expiring yesterday. In case you don't remember I sold the $71 call about 1.5 weeks ago for $0.39. After commission and fees my net option premium came to $31.00 which represents a 0.44% return. Keep in mind though that's in about 1.5 weeks so on an annualized basis that comes to around a 16% return which looks a lot better. Or to look at it another ways that's about an extra half a dividend payment.
Check out this post for full details on the call option.
Also, if any other bloggers are in Washington D.C. for a friend's wedding in a couple weeks so I'd love to meet up if possible. I'll be flying in on 9/30 and leaving on 10/2 let me know if you live in the area.
On to the Roundup
In case you missed them, here's the posts from Passive-Income-Pursuit over the past week.
- Dividend Growth Investing at Work - 4 Raises from 1 Company? Yes, Please!
- Johnson & Johnson (JNJ) - Expensive, But Still A Buy? on Seeking Alpha
- Recent Option Transaction
- Dividend Growth Investing at Work - Sin is In
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!
Take This Valuation Challenge If You Dare by Chuck Carnevale on Seeking Alpha
On Long-Term Systematic Investing by Sure Dividend
Wells Fargo's Reputation Takes a Hit: Now What? by Simply Safe Dividends
The John Bogle Expected Returns Formula by A Wealth of Common Sense
What Financial Decisions Would You Change? by Financially Integrated
Dividend Champions - The Best List for Dividend Investors by Dividend Growth Investor
Flexible Independence Update by Income Surfer
DivGro Pulse: September 2016 by DivGro
September 2016 Stock Considerations by DivHut
Emerson Electric Stock: Long-Term Dividend Income by The Conservative Income Investor
Buying 100 Shares for Option Trading by Investment Hunting
Will Freedom from Deadlines in Early Retirement Be A Good Thing? by Our Next Life
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 via FreeDigitalPhotos
Thanks for sharing the update JC. Life is great and what we are doing is working out amazingly well for our family. I wish Mrs. IS wasn't working so much, so we could travel more, but her current project is her current passion......and I support that. We are so blessed, and I look forward to continuing to enjoy our nearly dream lifestyle over the coming years. Yep, kinda pinching myself right now.
ReplyDeleteHave a great weekend buddy. Talk to you soon
-Bryan
Hi JC. Thanks for adding my post to this fine list of articles. Here's another one I read this morning from Dividend 10. He's laying in income and expenses out like a balance sheet and income statement. I liked it - http://dividendten.com/recap-aug-2016/
ReplyDeleteThank you for the DivHut mention once again. Much appreciated. I'm learning more and more about options following IH's posts. Have a great rest of the weekend!
ReplyDelete