I like to track my investments in a visually fun and appealing manner instead of just plain boring spreadsheets. Don't get me wrong, I like spreadsheets, but creating visualizations of my investments is more fun and it keeps me motivated and engaged while providing useful data about my investments.
The "Heat Map", which I've implemented as part of my stock watchlist system, identifies stocks that are cheap or expensive based on their 52-week trading range. I call it a Heat Map because stocks with lots of red indicate stocks that are likely expensive or in high demand vs. green bar which indicates stocks that are not so hot, but are trading cheap.
In this blog post, I'm going to talk about my dividend paradise, which is built on high quality dividend paying stocks. I'll also shed some light on how I track and ensure high credit quality across all my stocks. Below is an illustration of my paradise with its foundation supported by dividend paying stocks.
Today most Americans (about 143 million people) are waking up to the news of their personal information such as Social Security numbers, names, date-of-births, and in many instances driver's license numbers stolen from Equifax.
Equifax is one of the three credit information provider companies that collect and provide credit information to lenders such as credit card companies and banks. They are the ones who maintain our credit scores which then along with other personal information such as credit history is used to determine if we are worthy of a new loan or a credit card.
I was shocked to read the news yesterday about PG&E (ticker PCG) suspending its dividend. It was quite unbelievable since the company recently (as of May of this year) increased its dividend by 8.2% with a dividend paying history of over 10 years.
What makes a company go from raising a dividend to completely stop paying it, in just a few months?
I own around 40 stocks in various sectors of the market and during the earnings season, I have to read each one of the 40 earnings reports to make sure companies I invest in are doing well, and there is no imminent danger to my investment objectives.
Reading quarterly earnings report on companies one invests in, is a due diligence that I think all serious investors should do. However, reading earnings report can be a daunting task, especially if you have a well diversified portfolio of several stocks. In my case, you may think it would take me days if not weeks to go through all the 40 reports.
But, what if I tell you, it only takes me less than 60 seconds each, to go through the majority of my stock's earnings reports? How I do this?
Well, let me fill you in on a couple of tricks I use to speed read the earnings reports.
Alright, so today I'm going to share with you my tactics for investing in stocks, especially dividend paying stocks. Tactics are what I use to execute my investment strategy to meet my investment objectives (see the last two blog posts).
In my investment philosophy, tactics are simply methods for executing stock buy and sell transactions based on some triggers or technical metrics or a list or a combination of all.