Updates

  • Is It Over?

    The stock market has been going higher lately. I believe it was up 9% in July. And here we are in August, and it’s up again. I think traders are just looking for some relief. We seem to have passed through earnings season with most companies not having too many surprises. (Damn, Intel.) We avoided…

  • Shopping Spree

    Last night, I had a bit of a panic after Intel dropped horrible earnings. The stock is down 11% today. I also watched a lot of conflicting opinions on the economy’s future. The stock market has been up all week, suggesting to some that the bottom is in. Others are calling for continuing interest rate…

  • More Dividends

    This is the dividend challenge blog, and the focus should be on dividends, right? Continuing from my last post on the topic, I am continuing to earn dividends from my holdings. June Dividends continued: Manulife (MFC.TO) paid $0.33 per share, which was automatically reinvested in more shares Vanguard Mega Cap Growth ETF (MGK), which I…

  • A Nice Problem to Have

    My cash pile is currently 61% of my liquid net worth. I wanted that to be 10% by the end of August, and it doesn’t look like that will happen, given the market’s choppiness. Worse still, each month increases that pile because of my business income. In August, if I do nothing, my cash on…

  • Back to Breakeven

    I took a few days off from watching my portfolio or checking on the stock market. A quick vacation from the Internet. And in a week, my overall portfolio went from red to green. There are some stocks up and some stocks down, but on the whole it’s green. One of the reasons my whole…

  • Getting Out of Oil

    I have a weakly held belief that the long-term for oil is up. The population of the Earth keeps growing, countries like China and India are emerging from poverty into a modern level of consumption, and the global need for energy will always go up, up, up. That does not automatically mean that the two…