Early on, it appeared the market would see the second quarter
get off to a slow start, but buyers began stepping up as the day
progressed, and by the close, the market posted solid gains.
Avon Products (
) rallied as
the company received a takeover offer
, which was quickly declined. If you recall, the cosmetics play has
been struggling the last couple of years and is languishing near
Meanwhile, MasterCard (
) and Visa (
) regained all of the ground lost Friday, when news of a credit
card security breach at Global Payments (
) sent all credit card-related names lower. New headlines today
indicate the data breach at GPN may not be as serious as first
reported (on Friday, the estimate was 10 million credit card
numbers were compromised - now, the estimates are around 1.5
In other news, Wall Street analyst upgrades helped boost shares
of clothing-themed plays Abercrombie & Fitch (
), Kohl's (
), PVH Corp (
), and V.F. Corporation (
). On the flip side, cautious analyst commentary had shares of
Texas Instruments (
) edging lower for much of the day.
Today's Lotto Winners Are…
It was hard to ignore the lottery fever gripping the country
last week, as millions of Americans hoped to win a piece of the
$640 million jackpot. In all, three winners were announced, and
they'll have to split the winnings.
With all the media attention came the many anecdotes of how
often people play the lottery. Statistics indicate those with
lesser incomes spend a larger percentage of their earnings on
lottery tickets than other income classes. I'm not surprised by
this data, as many people dream of turning a small sum of money
into a vast fortune. As many lotto players would comment back in my
day: "A dollar and a dream."
What many folks don't realize, however, is there's an easier way
to become a millionaire. It doesn't take a large sum of money to
achieve great results, but you will need time and patience.
Investing just $3,000 into dividend-paying stocks over the course
of 5 years and re-investing the dividends over the course of 56
years will grow to over $1 million (based on historic 11% annual
returns). Most people may not be thinking that far out, but when
you consider only having invested $3K to get to that total, think
how much wealth you could compile you if you commit to putting even
more money to work, year after year.
You've Got to Feel It
A a big music fan, I enjoy a lot of the big-name music-based
reality shows like American Idol, X-Factor, and The Voice. It's fun
to watch contestants who have big musical dreams compete for
On a recent episode of American Idol, one of the well-known
music coaches (P. Diddy) kept emphasizing to the young artists that
he wasn't "feeling" the songs during their rehearsal. He couldn't
stress enough that the artists needed to feel the emotion of the
songs and translate that feeling to the audience. P. Diddy flat out
told some of the singers he simply didn't believe their performance
Whether you're on a music reality show or anywhere else, it's
always important to put a full effort into your work. You must make
the audience or customer feel that you believe in what you're
doing, and that you're giving 100%. It's all too easy for someone
to simply move on to your competition if they don't feel respected
enough. Having been in physical retail businesses for a good part
of my early life, I learned quickly that it didn't take much to
lose a customer if you weren't on your "A" game most of the time.
That same level of energy I learned in those days has certainly
carried over to my efforts with Dividend.com.
Also, you can't just be good at one thing these days. You must
learn skills that can be applied to all aspects of the business you
are in (research, business development, customer service,
marketing, etc.). Whether your audience can physically see you or
simply review your work online, the effort you put out will always
be under the microscope - so be ready to "bring it" every time.
Year-to-Date Results Just Posted
Be sure to check out the year-to-date watchlist posts up on the
site today. You can see how well many of the dividend stocks we are
tracking have done through the first two months of 2012. As always,
you can find these and other members-only articles on
Dividend.com Premium Articles Page
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.
I hope everyone had a chance to check out our
members-only weekend articles , including new features that
highlight some of the biggest winners and losers from the week that
was, such as analyst upgrades/downgrades and earnings/story stocks.
These articles are a great way to catch up on the week that was in
the markets. We also have a rundown of how various Dividend ETFs
performed on the week.
Thanks for reading everybody. I'll see you tomorrow!
Be sure to visit our complete recommended list of the
Best Dividend Stocks
, as well as a detailed explanation of
our ratings system here