The market continues to big moves during earnings-related
season, as plenty of names are seeing big swings. It was another
week of solid gains for the indices.
Winners today included Eastman Chemical (
), Caterpillar (
), and Occidental Petroleum (
). On the flipside, V.F. Corp (
), Cliffs Natural Resources (
), Microsoft (
), and Weyerhaeuser (
) all saw profit-taking. VFC has been a big winner for us and we
are looking deeper at the report to see if it is a name worth
exiting at this time. We will keep subscribers posted of any
changes we make with the company or any other dividend stock on our
"Best Dividend Stocks" List
Be sure to check out the
latest dividend stock we added to our recommended list
if you didn't read the e-mail alert we sent out earlier. Yesterday
another huge batch of companies raise their dividend
, which we of course detailed in our daily members-only post.
Let's take a look at some more elements of success to help end
the week on a positive note:
1.Successful people put their money to work, while others work
and lose their grasp on their money.
Clearly, the way to get rich is to invest your money in
income-producing assets or investing in yourself (business,
financial education, investment research, etc.). Those who work to
spend are basically working for us investors when you think about
it. Rich people use the interest they make from their investments
to buy whatever they want, without hardly ever having to touch the
2.Successful people climb the walls of worry while others see
problems as insurmountable.
This point comes down to keeping a positive perspective. Anyone
that views every opportunity as a waste of their time will always
be on the crowded sidelines watching as wealth and success are
built for others. The people who recognize what the problems are
usually focus on the solutions and change the world in the
3.Successful people learn throughout their lifetime while others
believe they know enough.
If you want to continue to scale upwards in your life, you need
to keep reading and keep learning. Opportunities in business,
investing, and careers are popping up every day of the year. If you
are tuned out, you will miss out.
Looking ahead, the deluge of earnings reports will continue next
week. Look for quarterly results from heavy hitters like Prudential
), Kraft Foods (
), CVS Caremark (
), and Kellogg (
), just to name a few.
Be sure to catch up with our latest watchlist updates (they are
actually up today) this weekend on
, 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 your support everybody and thanks for reading my
newsletter too! Please pass this on to anyone you think we can get
inspired and educated about building wealth and using common sense
to do so.
Be sure to visit our complete recommended list of the
Best Dividend Stocks
, as well as a detailed explanation of
our ratings system here