It's been a back-and-forth week for the markets, but when all
was said and done, the Dow/S&P finished with gains, while the
momentum-led Nasdaq index closed the week slightly lower.
Plenty of big-name earnings winners were pacing part of the
gains today. Companies reporting solid results included Microsoft (
), Schlumberger (
), Manpower (
), Honeywell (
), Kimberly Clark (
), and General Electric (
). On the flip side, Intuit (
) shares got hit after the company made some cautious comments
regarding its profit estimates. Altera Corp (
) and Royal Caribbean (
) were also down following their earnings reports.
In case you missed them, here's a rundown of the big-name
earnings reports we covered this morning:
Financial Peace of Mind is Just a Few Steps Away
It's amazing to talk to people and find out many have no real
plans regarding their retirement. You'll hear things like, "I have
a 401K, but I don't know what's in it," or "I have a Roth IRA, but
I haven't funded it in a while." What many folks don't realize is
that investing doesn't have to be complicated.
I firmly believe that almost everyone has the capacity to invest
their own money successfully. themselves. Most are just paralyzed
by the fear of learning something new. Sure, you need to learn a
few things, but it's not rocket science. Plus, it's easy to find a
host of great resources to learn from in our digital age. Financial
freedom is just a few steps away for those willing to seek it.
One of my favorite stories comes from author/motivational
speaker Zig Ziglar, who talked about how caterpillars have a habit
of following each other. One day the caterpillars formed in a
circle and kept walking round and round. They eventually died from
starvation, with a food supply of pine needles just inches away.
You see, sometimes the solutions are extremely close to us, but
people just can't seem to make the small step outside of their
We are a nation of wanting to have "things," even if they
provide little use for us once we buy them. I guess it's the piece
of mind to think "I have this" and "I have that," just in case
someone asks. But isn't it a waste if you don't get the highest and
best use of these "things," especially if they take precedence over
your financial peace of mind?
At Dividend.com, our message is simple. Growing your nest egg
amounts to following a methodical process of funding a brokerage
account and routinely putting money into the
Best Dividend Stocks
each month. If the markets get a bit more turbulent, we examine our
current recommendations to see if any of them have a bit more
downside than the other names we like. If and when we do imagine
that scenario, we make a change on the list. At the same time, we
always look for new opportunities and alert subscribers to changes
as we make them.
Higher Exposure Requires Greater Accountability
I recently heard a former basketball coach describe how hard
University of Kentucky basketball coach John Calipari has worked to
build his track record of success. The coach talked about how John
Calipari likes to recruit players he thinks can reach the NBA - not
just ones that can be good college players.
The grand exposure of playing basketball for a prominent
university like Kentucky also carries heightened risk. One the big
stage, players run the risk of being exposed. These kids may have
been a big fish in a small pond where they grew up, but at the
pinnacle of college athletics, the terms are much different.
Regardless of their natural talent level, it takes a lot of hard
work to excel. And particularly in college basketball, doing
whatever it takes to help your team win is of the utmost
Outside the world of sports, many of us wish for the accolades
that come with being successful. Just remember, though, the higher
you climb on the totem pole, the bigger the stakes are. Some folks
aren't prepared to deal with the added responsibilities that
accompany success - especially those who try to take shortcuts to
the top. For instance, cheating is still very prevalent in schools,
as well as the workplace. You may be able to sneak by for a certain
amount of time, but when the moment comes to really show your true
worth, your lack of real skills will likely backfire.
I urge you to stay ambitious and believe in your abilities. In
time, you can make most any dream come true. Just be sure to take
the proper paces along the way. You'll then be prepared to maintain
your status when you hit the inevitable rough seas.
Who is Your Market Messenger?
The following quote from George Orwell sums up our daily mission
"During times of universal deceit, telling the truth becomes
a revolutionary act."
Having been a student of the markets for several years and
learning the many nuances that comprise stock market investing,
it's safe to say that many things have changed. In the early days
of business media, the focus was on objective reporting. Headlines
were determined by real events, and the details around the stories
were explained accurately and succinctly. I wish I could say that
was the case these days.
Some good sources of info still exist, but business television
has really devolved over the past several years. Unfortunately, TV
is still the go-to medium for many investors seeking commentary and
breaking news. I don't expect the TV ratings chase to ever stop,
and so the "play-by-play" drama we see will probably also remain
I'd like to take this opportunity to thank the nearly 40,000
newsletter subscribers that have allowed myself and my team to
provide you with our daily take on news that can make a difference
in your investing. We often receive great feedback from readers of
our newsletter, and we truly appreciate the word of mouth support
that we get. We will continue to do our best to help investors
achieve great investing results in our daily content and our
Best Dividend Stocks List.
Beat The Markets with Dividend Stocks
eBook Has Arrived!
We just debuted our brand new 275-page eBook, exclusively on
Dividend.com! In this digital-only book, we look ahead to 2012 and
the main factors that could affect dividend investors. A $39.95
value, the eBook is a
Beat The Markets with Dividend Stocks
contains a full economic forecast for 2012, including in-depth
analysis on 65 of the biggest dividend stocks out there. It's a
great way to get prepared for your investing next year! So head
over to the
Dividend.com Premium homepage
now to download your copy.
A Look to Next Week and a Weekend Preview
Looking ahead to next week, earnings will pick up significantly,
with reports from the likes of Boeing (
), Procter & Gamble (
), Bristol Myers (
), Texas Instruments (
), and AT&T (
), just to name a few.
Be sure to catch up with our latest watchlist updates this
, including reports on earnings/story stocks, analyst
upgrades/downgrades, dividend ETFs, and much more. And as always,
you can view our current recommendations on our industry-leading
Best Dividend Stocks List
Thanks for reading, and I'll see you this weekend! P.S. Please
pass this e-mail on to someone you think can use some financial
motivation as well as being kept in the financial news loop that
could affect them.
Be sure to visit our complete recommended list of the
Best Dividend Stocks
, as well as a detailed explanation of
our ratings system here