Weekly Roundup - January 28, 2017
Happy Weekend! Check out what's been going on in my world and some of the best articles from around the blogosphere. |
The big news of the week was that the Dow Jones Industrial Average finally hit the 20,000 level for the first time ever on Wednesday. Psychologically I could see that being an important level and I have to say it's fun to see; however, that doesn't mean that I'll be changing my investment plan. The goal is still to focus on quality companies trading at a fair price and invest capital when you find them.
In more portfolio specific news one of my favorite things is finding out one of the companies I own raised their dividend. Even better is when that raise is a whopping 10.5%. Even more better is when it comes as a bit of a surprise since it's not their normal increase time. Talk about a great way to kickoff the weekend.
This week also finally saw a slow down in my options activity. Heading into the week I had quite a bit of capital tied up to secure the multiple put options I had open. Well, over the course of the week I was able to close out several of them at a nice profit which pushed me well into a personal best for a month. What's awesome is that I absolutely killed it in option premium in January pulling in well over $1k of additional income.
I also experimented with a new potential option strategy to keep in my bag of tricks. I opened a new position using the strategy on Friday and will hopefully get a chance to explain it on Monday. To me it's kind of a no-brainer given the right situation/set up from the markets.
Looking forward to the week ahead I hope to get some new put options sold to keep the options income train rolling. Of course that largely depends on what Mr. Market wants to serve up for opportunities.
On to the Roundup
In case you missed them, here's the posts from Passive-Income-Pursuit over the past week.
- 11 Option Moves to Boost My Investment Income
- 3M Company: Quality? Check. Diversification? Check. A Buy? Nope on Seeking Alpha
- What to Expect from Starbucks Corporation 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!
Analyst Ratings and the Institutional Imperative by Base Hit Investing
Don't Let Other Investors Make Up Your Mind by Jason Zweig
Cummins (CMI): A Blue Chip Dividend Growth Stock on the Rebound by Simply Safe Dividends
January 2017 Data Update 6: A Cost of Capital Update by Musings on Markets
10 Dividend Growth Stocks for January 2017 by DivGro on Seeking Alpha
My Greatest Investment Ever - Ivanhoe Mines by FI Fighter
Recent Stock Purchase II January 2017 by DivHut
When Loyalists Contemplate Quitting by Our Next Life
In Praise of Incrementalism and Slight Edges by A Wealth of Common Sense
Are We Financially Independent? by Eat the Financial Elephant
Six Dividend Growth Stocks Raising Dividends Like Clockwork by Dividend Growth Investor
Can an Investor Really Get Rich With Dividends? on Sure Dividend
Recent Buys by Dividend Ten
2016 Financial Review by Tawcan
AT&T (T) Stock Analysis by Dividend Value Builder
Why Tootise Roll Stock No Longer Outperforms by The Conservative Income Investor
Lanny's 2016 Portfolio Review by Dividend Diplomats
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! And cherish every second you get with your loved ones.
Image courtesy of Gubgib via FreeDigitalPhotos
Nice round up, I hope you can enjoy your time back out on the oil fields. I'm sure your family will be very proud of you. All the best and keep us updated!
ReplyDeleteBHL,
DeleteI loved working out there because it was very much a no BS situation. I didn't have to deal with office politics/games and the scenery always changed. But the hard thing is definitely going to be being away from my wife and daughter.
Thanks for stopping by!
PiP -
ReplyDeleteThank you very much for the mention! I truly appreciate it and means so much, can't wait to read these amazing articles this weekend!
-Lanny
Lanny,
DeleteThere's always so much great stuff being put out each week. It's going to be hard going back to work, but I have to say I'm looking forward to it because it'll free up our monthly budget a lot and also give me a chance to do more writing.
Thanks for stopping by!