Colgate-Palmolive Stock: An Essential Core Holding In Your Portfolio
You gotta love America—in this country, can you get rich by buying blocks of stock in a dish soap and toothpaste manufacturer, hold it for a long time and go about your life, reinvest the dividends,...
View ArticleHow Bad Are Mutual Fund Fees?
When investing, there are three to keep in mind that can erode the purchasing power of each dollar that we have: (1) The first one is inflation. If inflation runs at 4.0% annually, that means it will...
View ArticleEvery Dividend Investor Should Have A Checklist
This is a random fact about my blog writing—I keep Elmore Leonard’s “Ten Tricks For Good Writing” handy with me whenever I work my way through a post I want to add to my website. Leonard, the author of...
View ArticleWarren Buffett’s 1993 Lesson On Coca-Cola Stock
In his 1993 letter to shareholders of Berkshire Hathaway, Warren Buffett provided an interesting historical aside about Coca-Cola’s long-term performance: “Let me add a lesson from history: Coke went...
View ArticlePerfect Stocks And Perfect Market Timing Does Not Exist
What screws a lot of people up from accomplishing good things in life is this desire to wait for the moment to be perfect before beginning. The problem with that mentality is this: there will never...
View ArticleHow To Find A Dividend Stock You Can Hold Forever
When I was a little kid, there was this hamburger joint in Clayton, MO that served calfburgers with a cheddar cheese spread and steak fries. My dad used to take me there back in the day, and it was the...
View ArticleA Big Threat To A Long-Term Dividend Investing Strategy
I was just reading over Michael J. Burry’s commencement speech to graduates at UCLA, and I came across this passage in his speech that I’d like to share with you: “Information swarms us. It comforts...
View ArticleA Lifetime of Income Investing Is The Best Defense Against Job Loss
What is every employee’s worst fear? While I cannot answer that question with absolute certainty, I’d be willing to wager that a forced early retirement (be it due to layoffs or a forced termination...
View ArticleThe Three Most Liberating Words In Investing: “I Don’t Know”
I recently engaged in a conversation with a long-term reader (hat tip to you, Michael) who was unsure about the future of the PC and tablet market as he contemplated an investment in Intel. He has been...
View ArticleDividend Reinvestment Does Not Have To Be All Or Nothing
If you are a regular reader of finance articles, you probably know that one topic which many writers beat to death with a brickbat is the strategy regarding dividend reinvestment. Generally, there are...
View ArticleThe Three Components of Long-Term Investing
Almost everything I try to accomplish when it comes to portfolio construction is a combination of three ideas that I learned from Columbia professor Benjamin Graham, Berkshire Hathaway Vice Chairman...
View ArticleThe Vanguard Wellington Fund Is Still Open To New Investors
After recently mentioning that I would consider an investment in the Vanguard Wellington Fund if I wanted to create wealth in such a way that I did not have to spend much time thinking about...
View ArticleMy Ten Favorite Walt Disney Quotes
Walt Disney is one of my favorite titans of the 20th century because he was a dude that had to keep plugging away to find success in life. Did he have the creative control of some of his early...
View ArticleWhat Ryan Braun’s Season-Ending Suspension Can Teach Us About Personal Finance
For those of you that follow baseball, you may have caught wind of the recent news that Milwaukee Brewers Ryan Braun recently received a season-ending suspension (65 games) for his link to the...
View ArticleA Subtle Investing Tip From Warren Buffett
For those of you who are aware of Warren Buffett’s long-time investment in Coca-Cola, you may know that he has turned a $1 billion investment in the late 1980s/early 1990s into 400,000,000 shares worth...
View ArticleWhat The Sequoia Fund Teaches Us About Long-Term Investing
For those of you who are students of stock market history or have been on the investing block for a while, you may know that there was a period of transition between when Warren Buffett ran his private...
View ArticleDividend Investing Is A Slow Shift From Being A Worker To Being An Owner
I just finished reading this article by Bill McClellan of the St. Louis Post-Dispatch that discussed how a teacher with over 27 years of teaching experience in the Kirkwood area of Missouri lost her...
View ArticleWhen Warren Buffett Wakes Up In The Morning
Right now, Warren Buffett’s holding company Berkshire Hathaway pumps out about $12 billion per year in annual profit. Because it owns extensive insurance operations that experience fluctuating...
View ArticleYou Become A King When Your IRA Hits $150,000
One of my favorite quotes from famous UCLA basketball coach John Wooden is that it is not our performance in relation to others that counts, but rather, our performance in relation to our highest...
View ArticleIs Blue-Chip Dividend Investing Right For You?
Yikes. Unfortunately I’ve been tending to some of my fun real-life summer plans the past couple of days, and I have not gotten a chance to set aside as much time for writing as I would like. Usually,...
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