Jun 16
We are half way through the first year of the Thoroughbred Folio. Our index is built on the Dividend Aristocrats. A select group of S&P 500 companies that have increased dividends for at least 25 consecutive years. The list will get a little shorter next time the Dividend Aristocrat list is updated, as KeyCorp decided to cut their dividend in half last week. The stock is trading at a 17 year low. It should not come as a surprise following weak earnings in the banking sector since last year.
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Jun 05
Do you have a spare $100,000 a month? No? Well, Google Finance, CNBC, and the Wall Street Journal apparently do. That is the cost to offer real-time NASDAQ quotes to their readers and viewers. NYSE and AMEX quotes would cost an additional $50,000 per month, but they haven’t done that yet. You are probably asking yourself what caused these companies to do this?
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Jun 02
Just when you thought it was safe to look at financials again. Today Wachovia handed their CEO, Kennedy Thompson, his walking papers. Speculation is that this signals another quarterly loss for the troubled bank. Thompson was instrumental in growing Wachovia through acquisitions since his tenure started in 2000. Look out below financial sector! Which CEO will be next?
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May 30
I was doing some stock research last week when I noticed a new tool on Google Finance page. A stock screener! In the usual Google fashion, the stock screen is really easy to use and pretty darn powerful. Let’s take a look at this nice little tool.
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May 27
Memorial Day was awesome. My wife and I celebrated our 12th wedding anniversary at the beach. People always tell you that time flies. Well I believe it. Seems like just yesterday we were doing the wedding thing and starting our lives together (in debt). Here we are today with two children and no debt. I always try to remember to enjoy the moments I have with them. I hope you do the same.
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