09 Jan 2016 23:04
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Interesting Articles from Last Week
Mistakes Were Made Great article by fellow blogger No More Waffles. You have to admire an investor that admits his mistakes and what is more impressive is he is still in his twenties so it shows maturity and level headedness at a young age.
I Retired at 30 Another fantastic article by Mr. Money Mustache. Nothing is more polarizing than combining the words retired and thirty, actually the article is not about retirement but about having no more constraints to say or do what you want (freedom)!
18 Steps to a New Financial Plan Helpful checks for all those developing 2016 goals.
Markets and Lotto
Last week’s major headlines were pretty much downers with ISIS, Hydrogen Bombs, Shootings, and of course the markets getting bashed to start 2016. But at least there was one distraction to give us a break and that is a record Power Ball lotto drawing of $900 million.
I have no idea what to even do with that much money! But if I won a small piece of that action I sure know how I would invest some of it. Thanks to the market beating there are definitely some big name well run companies on sale.
The financial sector was one of the worst hit last week. Many investors for some reason soured on big banks and the sector was the second worst performing.
The problem I saw was the baby being thrown out with the bath water. The Financials sector is more than just banks and some good non-bank companies got trashed, take a look at these bargains:
| Company | Tkr | Price | Yield |
|---|---|---|---|
| AFLAC | AFL | $56.71 | 2.89% |
| Cincinnati Financial | CINF | $55.53 | 3.31% |
| Eaton Vance | EV | $28.78 | 3.68% |
| Maiden Holdings | MHLD | $13.52 | 4.14% |
| T Rowe Price | TROW | $65.36 | 3.18% |
And financials weren’t the only place that looked attractive. Check out these big names
| New Members to the Sub $100 Club | |||
|---|---|---|---|
| Company | Tkr | Price | Yield |
| Apple | AAPL | $96.96 | 2.14% |
| Disney | DIS | $99.25 | 1.43% |
| Johnson & Johnson | JNJ | $98.16 | 3.05% |
.
| 4+% Yield Club | |||
|---|---|---|---|
| Company | Tkr | Price | Yield |
| Cummins | CMI | $86.03 | 4.53% |
| Domtar | UFS | $33.44 | 4.78% |
| Emerson Electric | EMR | $44.09 | 4.31% |
| Ford | F | $12.54 | 4.78% |
| General Motors | GM | $29.52 | 4.88% |
.
| Even More Big Names | |||
|---|---|---|---|
| Company | Tkr | Price | Yield |
| 3M | MMM | $140.49 | 2.91% |
| Donaldson | DCI | $27.12 | 2.51% |
| Genuine Parts Co. | GPC | $78.56 | 3.13% |
| IBM | IBM | $131.63 | 3.95% |
I’ll keep on sharing internet finds when I can, Enjoy the Links :)
Post preview:
Close previewGreat list of names here. Some of these companies are very undervalued. I think the market dip is just getting started. So these could even be better bargains in a couple of weeks.