Market Wrap-Up for Apr.6 (MON, BRCM, MTB, AXP, CVC, more)

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Another potential negative headline today, and not much nervousness for the markets. There are two ways to look at how the market has been acting. One is that investors are being lulled into a false sense of security and the other is that the market is factoring the latest headline events and see nothing there to be worried about.

Things are getting a bit complacent in my mind, but again, we need to maneuver as best we can. We could have been saying the same thing about the markets for the last 4000 points and made no money sitting on the sidelines. It's about paying attention and reading the data properly, which is something we strive to do every single day.

Looking at today's winners, shares of Broadcom ( BRCM ) and W.W. Grainger ( GWW ) were up on positive analyst comments. Financials looked fairly strong, led by M&T Bank ( MTB ), American Express ( AXP ) & Travelers ( TRV ). Monsanto ( MON ) did not participate in the upside as shares fell following the company's earnings release. Shares dropped $4 by the close. Also lower were shares of Cablevision ( CVC ), which finished down following a negative call from a Wall Street analyst this morning. Dividend payout increases have slowed down the last couple of weeks as is usually the case when the quarter winds down and earnings season approaches.

The word "success" has various meanings depending on who you ask. But the foundation of being successful is usually tied to one's outlook and actions. Here are some interesting anecdotes to consider.

1. Successful people create their opportunities while others put their destination in the hands of others.

This goes hand-in-hand with what being an entrepreneur is all about. Some people choose to work for themselves for reasons like: wanting to be on their own schedule, not liking their boss or co-workers, not being compensated as much as one feels they are worth, etc.

2. Successful people take good risk/reward chances, while others do what is considered safe and not risky - little upside, little downside.

An example I've used before to describe this perfectly:

Investor #1 starts investing $5k a year at age 25 and does so for 40 years ($200K total invested) in Bank CDs, money markets, etc. averaging 3% a year. After 40 years, this person's nest egg becomes worth just over $652K.

Investor #2 starts investing just over $4K a year at age 45 and does so for 20 years ($81K total invested) in dividend-paying stocks that historically average an 11% annual return, this person's nest egg becomes worth over $653K.

You will notice the danger of being too conservative with your money (as Investor #1 is). They had the right idea is starting young, but they chose too conservative an investment road.

3. Successful people are determined to be rich, while others just fantasize about it

The ability to get out of one's comfort zone is going to be necessary if you want to open the door to intriguing possibilities. Thinking long-term is great, but when it comes to your career and finances you need to be on the lookout for opportunities all the time. Putting anything on auto-pilot is too dangerous and puts you in a complacent mindset. There are times you will need to re-balance what you are invested in. Doing an annual checkup of your investment holdings makes a lot of sense. You also need to keep a close eye on whatever industry your career may be in.

4. Successful people have big dreams while others keep their goals too conservative.

I don't care what your age is. You have to keep a dream in your mind to stay motivated on living. Individuals sometimes get in a funk and it is because one stops dreaming or having goals in life. Remember the story about my dad's barber friend Dominick, who at age 77, bought his first home. He lived till 86 and was probably enjoying every minute of his home as much as anyone. That's what living is!

We can all go beyond what we really believe what we can attain. Stay inspired! I will have more anecdotes about success that I will be sharing over time.

Here is the latest update on where I will be making media appearances this week:

WOCA-AM "OCALA LIVE"(ORLANDO) - This is a 15 minute live interview on 4/7. This show takes calls from listeners. This is morning talk show that features expert guests from authors to politicians to doctors and financial experts. WOCA-AM is a commercial station owned by West Shore Broadcasting Inc. The format of the station is news and talk. WOCA-AM broadcasts to the Orlando market and carries 5,000 watts.

KMOX-AM (CBS/AP) "KMOX MONEY SHOW" (ST. LOUIS) - This is a 10-20 minute, live interview on 4/9. This show takes calls from listeners. This is a weekly financial program aimed at helping investors, both large and small, with advice on investment strategy, the economy and the latest trends. The host is a certified financial planner who has spent years evaluating and analyzing economic conditions that influence investing. KMOX Radio (AM 1120) is dedicated to being the dominant information and entertainment source for the St. Louis region. The station is heard in 44 states and throughout much of Canada, Mexico, and the Caribbean. KMOX is affiliated with CBS news and AP and carries 50,000 watts. KMOX is Mid-America's Most Trusted Source for News.

Thanks for reading, and I'll see you tomorrow! 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. Thanks again! P.S. Please keep the Amazon.com book reviews coming for my "Be a Dividend Millionaire" . It means a lot!

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: AXP , BRCM , CVC , GWW , MON

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