The markets may be feeling a bit better about the latest updates
surrounding the nuclear situation in Japan, but I would be a bit
cautious to jump the gun on an all-clear situation. We have been
intently looking at what the revenue picture could be regarding
Japan for companies that are on our
Best Dividend Stocks List
as well as companies we are considering adding to our current list.
We did add a new name to our list this morning, so be sure to check
if you did not read the e-mail alert we sent out to
subscribers earlier. We also have our weekly
"Top 50 Watchlist Names"
post that is out today.
The market saw a nice rally from railroad plays CSX Corp (
) and Norfolk Southern (
). FedEx (
) was also higher, despite having what I would describe as mixed
results from their last quarter. Retailer Guess? Inc. (
) got hit hard on their weaker-than-expected outlook. Elsewhere,
nuclear-related stocks are struggling to participate in this
morning's rally. Coal plays rallied for a second straight day, led
by Consol Energy (
) and Peabody Energy (
I couldn't help but notice the Japanese Yen currency absolutely
flying against the U.S. dollar yesterday. There is probably a slug
of "smart" money that is getting caught on the wrong side of this
trade. Keep your eye on this interesting situation. Yet another
market-moving event we will be looking to navigate subscribers
through! This should be a ratings winner for CNBC's new bandwagon
show, "Money in Motion Currency Trading". My advice for everyday
investors remains the same: stay away from the currency markets.
You work too hard for your money to be playing in this volatile
With interest rates trickling back down this week, be sure to
check out what interest rates you are paying on any loans you have.
Pick up the phone and see if you can get yourself a better deal.
Consider asking your lender for a loan modification. Banks have
been making a bit of progress helping homeowners get through the
process. You might also want to switch to bi-weekly payments for
your loans, paying half of your monthly payment every two weeks.
This simple step can have a huge impact in reducing your overall
debt. If anyone has any kids in college, keep an eye on their debt.
You may want to get monthly bills mailed to the house and pay the
fee, but be sure you are reimbursed by your children. You may think
this is a weak way to teach them responsibility, but why risk
having their credit ruined and you having to foot a
higher-than-necessary bill. Just something to consider when you are
getting ready to have your children start building credit for
I just read a Bloomberg report that daily discount website
Groupon and its Wall Street investment bankers may be considering a
$25 Billion valuation for its upcoming IPO. It's a bit nutty, but
it's par for the course when it comes to Wall Street and the fast
money crowd. I'm hearing Groupon may have brought in $500 million
in revenue last year, but this valuation is on the moon. Facebook
is apparently approaching a $75 billion valuation according to
recent private market transactions. Everyone knows my take on this
modern-day AOL play. It will be hot until the next great site is
discovered, at which time Wall Street investment bankers will move
on to the next "belle of the ball." AOL, MySpace, Facebook, who can
be next? Be careful investing in the "flavor of the day". Unless
you think you can be nimble enough to trade these types of names,
I'd advise sticking to the strategy that continues to work for
decades: dividend investing.
According to the most recent National Association of Realtors
report, multi-family vacancy rates are forecast to decline from 5.8
percent in the current quarter to 4.9 percent in the first quarter
of 2012. Keep your eye on this part of real estate as I have
mentioned in the past that multi-family properties, if bought
right, can be a great other source of income for someone looking to
make the most of their real estate investments. Lower vacancy rates
give landlords more of an advantage to raise rents and actually
stay up on inflation risks. Ideal properties to consider if you can
find any that have positive cash flow (you are making money each
month, or you are at least living for free in your own unit with
the tenants covering your expenses) are those with 4 units or less.
They qualify for a regular 30-year mortgage. Anything that is 5
units or more require a commercial loan, which can be more costly.
If you have never been a landlord before, starting out with a
smaller building makes sense. I prefer anyone considering
multi-family purchases to be a bit of a handy person, or have
relatives that can help you with maintaining the property when
things break. This type of real estate investing is the only one I
really like and can make sense as part of one's portfolio, along
with what I think makes great sense, and that is quality
dividend-paying stocks! It is a bit easier to invest in stocks, but
I just want to get anyone thinking about real estate to consider
multi-family units if one is looking to diversify their investment
It will be a busy next couple of days for me on the media side.
I have the following three radio interviews I will be doing where
we discuss my new
"Be a Dividend Millionaire"
book, as well as dividend investing in general. If you're able to
tune in, I'd truly appreciate it!
WSIU-FM (NPR) "MORNING EDITION" (ST. LOUIS, MO) - This is a 10
minute taped interview on 3/17. WSIU-FM is a non-commercial, public
radio station. The format of the station is news and classical
music aimed at people between 35 and 55 and is affiliated with
National Public Radio. WSIU-FM reaches a 50-county coverage area in
southern Illinois, southwestern Indiana and southeastern Missouri.
All news and public affairs programs are simulcast on
three-affiliated FM stations and on Sirius Satellite Radio. The
station carries 50,000 watts.
KIKK AM 650 "WINNING STRATEGIES WITH TIM CONNOLLY" (SYNDICATED)
- This is a 30-minute interview on 3/18 at 2:00om Est. Hosted by
prominent Economist Mike King of Princeton Research and nationally
known financier Tim Connolly, they answer your questions about risk
and investment and offer Low-Risk, High-Reward Strategies for
Success! The best way to lower risk is a well-educated investor.
The show also covers breaking news in the financial and investment
markets, charts trends, offers insight and opinion. Hosted by
merchant banker Tim Connolly, economist Mike King, investor Gary
Cello, researcher Jan Van Der Sandee. KIKK AM is a CBS affiltiate
in Houston TX. The show is syndicated worldwide via radio, cable TV
audio, satellite audio and the internet and reaches about 20
million+ subscribers on Comast, Charter, Time Warner Cable, Cox
Communications Western Broadband and carries 1,332,904 watts.
WYZE-AM "COMMUNITY LIFESCAPES" (ATLANTA, GA) - This is a taped
10 minute interview on 3/18 to air the following Sunday (3/25).
This show airs on Sun from 6 - 6:30 p.m. and is a general talk show
and covers issues such as health, current events, finance and
inspiration of interest to the mainly African American audience.
The station serves the Atlanta, GA area and carries 5,000
Thanks again for reading! 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