When I hear the phrase “dividends are passive income,” I vomit a little bit in my mouth. Passive income? A couple of percentage for assuming the risk on a security is not exactly appealing to me. I feel that the underlying security should always be the focus and that dividends are ultimately irrelevant. You shouldn’t […]
Personal Portfolio Update
Stocks for the Long Run: JP Morgan Chase & Co. (Symbol JPM)
I am currently long on JP Morgan Chase & Co. ( Symbol JPM ). You might be taken back by that statement with all of the recent bad press related to large losses from bad investments, but does anyone even look at fundamentals anymore? JP Morgan is making hand over fist money and has a […]
I Am Well Over 10% Return on My Stock Portfolio
I am happy to announce to my readers, that my personal stock portfolio is currently over 10% return for the year. In fact it is up 11.8% as of July 10th close. Additionally, there is still 174 days left in this year. How have I been so successful? The Good: I straddled Best Buy (Symbol: […]
Personal Portfolio Update March 2012
I thought it was time to give an update on my personal brokerage account. I recently wrote about my stock pick of Metlife in my new “Stocks for the long run” series, but I thought it would be a good idea to give a comprehensive update. The biggest update has to be the fact that […]