Dividend.com Sunday Edition – The Tough Decisions in Life

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We are coming off a strong week from the markets. Earnings certainly played a role as companies like Accenture ( ACN ) and Oracle ( ORCL ) saw nice results, while electronics retail giant Best Buy ( BBY ) continues to struggle. Investors can't be happy with the direction Best Buy has taken, but the electronics space in general is hurting. Remember Circuit City is gone, Radio Shack ( RSH ) is struggling, and customers seem to be content on ordering their electronic needs online.

Gold ( GLD ) and Silver ( SLV ) prices appeared ready to head into the stratosphere as we got to mid-week, but some fed-speak regarding policy and the dollar pushed the metals back down off the earlier week highs when all was said and done. I am certainly watching the metals as the rise concerns me from an economic and inflationary standpoint (rising gas prices feel like a kick in the stomach right now). Our recommended list continues to see solid results. We added two new names to the list this past week, and we will continue to carefully look for any other opportunities that make sense from a risk/reward standpoint. Investors should continue to stay vigilant when it comes to getting money in position to be put to work each month. I am certainly not opposed to being a bit more guarded if it seems necessary, but investors should always be ready to put money to work in any of the names that remain on our Best Dividend Stocks list. Of the nearly 1600 dividend stocks we cover, there are currently 66 names on the list we like for investors looking to put money in the market right now. Going into the weekend, all of the names that we are recommending are trading above their initial recommendation prices. We are certainly proud of those results. Again, any stock that we removed from the recommended list are not sells, unless we specify to ring the register and sell the position. We always advocate investors get more aggressive in considering trimming a position if the shares fall 25% from their 52-week high and the trouble is company-specific.

You may have noticed a ton of new securities we are now showcasing dividend data for when you go to our ex-dividend dates page. We have just added the data late this week and will be sending out more details as we tighten up the features.

I was reading recently about legendary Fidelity fund manager Peter Lynch. It's quite an amazing story how he decided to walk away from Wall Street at age 46. He had averaged over 29% annual returns running Fidelity's Magellan fund from 1977-1990 when he decided he had enough. Part of the reason for his sudden departure was the long hours, but there was also talk Mr. Lynch was getting turned off with what was happening in the world of investing. He often cited traders were becoming too short-term focused and not looking down the road for long-term results. He went on to focus on philanthropy and spending more time with his family. It's no doubt he made quite a bit of money in his day and likely still does well with his investments. I just wonder what else he may have been able to do if he focused some of his energy in helping the masses learn about how the financial world works. I guess this is where I hope to make a difference myself. A lot of the job is just keeping everyone away from taking terrible risk/reward gambles (penny stocks, day-trading, manic thoughts about making frequent moves in one's portfolio, etc.). My team knows I am never satisfied when it comes to what it is we can accomplish. There is much good to do, and I will have to pace myself to make sure I get to where it is I think we can all be from a fundamental understanding of investing and other key areas that can help one achieve financial security and more.

Thinking of Peter Lynch's retirement at age 46, I was thinking further about what makes one decide when is the perfect time to call it a career. We see it with the greatest athletes. No one wants to ever leave. Fans hate to see the great ones say goodbye, but sometimes it is for the better. Being a huge sports fan, I have seen legends like Muhammad Ali stay in the ring several fights too long, Joe Montana hobbling at the very end of his career in Kansas City, Michael Jordan making an ill-advised comeback with the Washington Wizards, Tom Landry having a tough time adapting to the changing game of football and leaving on a not-so-great note in Dallas. You can go on and on. The other side is athletes like Barry Sanders who left the game in a sudden way, never to return. As a fan, I feel like it was an incomplete ending in Mr. Sanders' case. What started as a contract tussle turned into a holdout that never ended. When we look at what we are doing in our career, many of us may have options to remain a relevant part of what field we are in. I believe in staying active as much as possible, as long as one's health doesn't become a factor of course. One of my best friends in the world recently attended a luncheon that featured the inventor of the light-dimmer switch. He still runs his company and is 84 years old. He likely has done very well financially from his innovation, but as my friend said. Here he was at 84 and he is still cranking. That is an awesome thing! Everyone of us has something amazing to give when we reach our later years and the focus isn't about wealth any longer at that point.

In life, we will be faced with decisions that will seem super-tough at the time we are considering them. I remember telling my parents that I was not going to go straight to college when I graduated high school. At the time, I had disappointed my family (because that was always the initial reaction when someone wasn't going to go to college). The difference was that I was laser-focused on learning about the real world of business and my ambitions weren't allowing me to wait. Plus, I had no idea what field I wanted to be in at the time. Years later, I was ready to commit to trading full time - had what was likely enough capital to get started, but I decided to tell my wife I felt selling our home to allow me access to more capital (just in case things didn't go well) was necessary to make me thrive from a financially less stressful overhead. That meant moving my family back into an apartment. Many couples around us and family of course thought is was ludicrous, but I knew that to make myself feel as confident as I can be (confidence is needed in trading if you are going to be able to make a living at it, among numerous other traits). The next thing was taking a good chunk of my home equity line to acquire the Dividend.com domain name. By doing this, I put myself in a situation that I was not going to drag my feet in building out the best long-term investment research site I knew it could be. Every decision was to answer my own challenge I was making to myself to better my situation and what I was trying to do with my purpose in life. You see, as we get older, what mattered to us in our teens, twenties, thirties, forties, etc, changes over time. It comes with the maturity process. Some of us realize this as we maybe even are at an older age. Having a sense of urgency is a good thing to have if you are looking to succeed in your career, business, financially, etc. I urge everyone to keep growing and keep pushing on making our daily lives better. It comes with some easy sacrifices and some not so easy.

I just wanted to follow up last night's book alert to let readers know my "Be a Dividend Millionaire" book is now in stock over at Amazon.com. I would so appreciate everyone's support for us and consider checking out the book. It can be a great gift to give to friends and family as well. The book is simple to understand and I wanted to hit on many different areas of investing and personal finance that many take for granted. Investing needs not be a "rubik's cube", and you know I love steering everyone away from taking too many unnecessary risks with one's hard-earned money. Here's the link . If you buy it, please take the time and give it a review as well. If you don't see anything you was hoping to get answered in the book, please e-mail us with those questions. Thanks for your support everybody!

Thanks you so much for letting me share some of your Sunday with you as you read my post. Please pass this on to anyone you think we can get inspired and educated about making their lives better, as well as more comfortable when it comes to one's financial situation.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Stocks

Referenced Stocks: ACN , BBY , ORCL , RSH

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