Wednesday, June 10, 2015

Debating the Merits of Closed End Funds

I've struggled a bit with whether closed end funds (CEFs) deserve a place in a dividend portfolio. I had 5% of my portfolio in CEFs at one point last year. I later sold all of my CEF holdings in a quest to increase the quality of my dividend income. I've decided again to add some exposure to CEFs. Here's the biggest reason why:

Monday, June 1, 2015

How I Plan to Save for My Children's College Costs

College is obscenely expensive these days. Tuition, Room & Board, and Other Fees can total into the $50k/year range. My wife and I plan on fully funding our children's college educations. My parents funded mine. Her parents funded hers. The cycle goes on. I'm convinced that the cost of tuition needs to slow/fall, but no matter what, saving for the cost is going to require some effort.

Wednesday, April 1, 2015

2015 Goals: Q1 Progress

I think I set a pretty good mix of goals this year. The financial ones will be real stretches to hit. The personal ones will take commitment over time. And the 5th goal will take a mix of creativity and commitment coupled with a bit of luck. How have I done in hitting these marks through the first quarter?

Wednesday, March 25, 2015

Kraft and Heinz to Merge

This morning, Kraft and Heinz announced plans to merge their businesses. The new company will be one of the top three North American food brands by sales. Kraft shareholders will get 1 share of the new entity PLUS a special dividend of $16.50/share and a commitment to maintain the current KRFT dividend (with growth) going forward. As a KRFT shareholder, I love this kind of merger!

Friday, March 20, 2015

New Buys: Initiating a $10,000 Chemicals Position

I've been on the hunt for bargains (or even relative bargains) out in the stock market lately. It's been tough! The typical list of dividend-payers trades at crazy valuations for the likely return. Sure, buying such quality companies is likely to turn out as a good idea over time regardless of valuation, but I'm trying to stack the odds of earning great returns in my favor.