Market Wrap-Up for Mar.30 (BLK, PPG, HPQ, CSCO, CSX, ITW, more)

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The market has been continuing on its end-of-quarter. We have now seen 8 of the last 10 sessions close in positive territory. Quarter-end is key for fund managers and is part of the reason why we suddenly see any negative news being viewed with a bit more of rose-colored glasses. Just one of the oddities that we need to maneuver around at times when it comes to the markets!

We are diligently focusing on what moves may need to be taken. We'll certainly keep subscribers updated whenever changes are made to our "Best Dividend Stocks" List .

Blackrock ( BLK ) shot higher on news the company will be added to the S&P 500. PPG Industries ( PPG ) came out with positive guidance and the shares ramped strongly higher. We had removed this stock from our recommended list recently after a nice run. It is still a name we keep on our radar. There were some positive comments on big tech this morning with Hewlett Packard ( HPQ ) and Cisco Systems ( CSCO ) catching upgrades. Both names sport a sub-par dividend yield and are not names we are warming up to at this point. Recent guidance from both companies was disappointing. A couple of names not participating in today's rally included Illinois Tool Works ( ITW ) - analyst was out with a downgrade today, and recent transports winner CSX Corp ( CSX ).

When I often go on radio shows and personal finance is a key focus, one of the biggest topics is what advice I would give to people who are in the paycheck-to-paycheck camp. There are usually easy things to identify where the problems may derive from (poor spending habits being a chief problem for most). You often hear about a poor job market being the reason, but if you are in a tough financial spot, you need to get two jobs at a minimum to start digging out of it. I don't care what the jobs are, but sacrifice needs to be the trait which needs to be adopted as soon as possible. It's easy to stand with a group of disenchanted individuals that point fingers everywhere and feel secure in that company, but this is an exercise that relieves nothing but your temporary state of mind. Action is required whenever a change needs to happen. The solutions are clear. You work more, earn more, pay off your debts, and get back to the positive side of the money ledger. If you have to work 18 hours a day to turn your life around, then do it! I worked seven days a week for five years when I ran my family food business. I took six days off during that time and had no vacations. It wasn't easy, but when is sacrifice ever easy? Personal finance solutions are pretty cut and dry - it's simply up to the individual to want to pay the dues required to better one's current financial place.

Tom (our Editor and Web Director here at and I were talking the other day and he mentioned that he will be turning 30 years old in a couple of days. I told him that turning 40 had a bigger impact on me psychologically than when I turned 30. I'm guessing it's like that for most people. Tom asked me what the difference was, and for me personally it was about having a different mindset. Since turning 40, I have become more of the thought process that everyday has to count. There became a renewed sense of urgency to build on my personal goals and dreams.

As we look back at our younger days, it is interesting to see how our thought process was so much different. You often hear people say, "if I knew then what I know now." The trick I believe is to use that hindsight to your advantage and do it every single day. We all know the mistakes we made in the past, but now that we realize it, what are we doing to steer back on course? I hear from many subscribers, young and old, that are seeing their future a lot better and the confidence they have in what their money is doing is leading some to take even further steps in their careers and ventures they are looking to pursue.

For some it is a resurrection of sorts. When you remove all the psychological caps that people tend to place on themselves, you gain a sense of freedom and become rather fearless as well. Knowing that failure will not be permanent is another aspect that gives one the conviction to power through daily obstacles that come one's way. As I have mentioned in previous newsletters, I have done many things that have been against the grain (and not been well-received at the time - not going to college straight out of high school, selling my established food business to become a full-time trader and selling my house to give me extra capital to be able to do so with less worries, using part of my home equity to acquire the domain name to build our brand with). It's safe to say my parents and my wife were not big fans of those decisions at the time, but my decisions were not spur of the moment, but instead came after I had done my homework to know the risk/reward of the decisions would be rewarding in time. We all have the ability to do above and beyond what is expected of us, it is just a matter of having the resolve and doing the proper homework to know you are taking the right step. Make everyday count, regardless of what age you are!

So far, so good for my "Be a Dividend Millionaire" book rankings on It reached #15 in the investing category yesterday. Amazon still shows the publication date as Apr.14, but I confirmed the book is in stock and readers are certainly getting copies they ordered. There are 9 reviews in already and hopefully everyone that buys a book can offer (brief one is fine too!) a review to share what their favorite nugget in the book was. Thank you for the support everybody. It's your powerful word of mouth that is helping us build our brand.

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 .

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: BLK , CSCO , CSX , HPQ , ITW

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