This is my 2018 semi-annual recap and June 2018 dividend income update on the FFJ Portfolio. This portfolio was created in January 2017 for the purpose of demonstrating how investing in well managed companies with competitive advantages can assist investors in reaching their long-term financial goals without the need to speculate or to chase dividend [...]
Paychex (PAYX) released its Q4 and FY 2018 results and FY2019 guidance on June 27, 2018. This is a follow up to my March 27, 2018 article at which time I indicated I would initiate a position and hold the shares in the FFJ Portfolio. Introduction My wife and I had the good fortune of [...]
FedEx (FDX) released its Q4 and FY2018 results on June 19, 2018. The heightened risk of protectionism is counterproductive to economic growth and could negatively impact FDX's business in the short-term. In addition, Amazon's entry into the package delivery service industry is a risk FDX must contend with. FDX, however, is a well run company [...]
If you're struggling to find decent companies in which to invest look no further than these two companies. They might be a bit rich at the moment but put them on your radar so you can take action if they pullback. I am often astounded to learn of some of the companies in which people [...]
Many investors root for higher stock prices. If you are a long-term investor, however, you should really embrace lower stock prices if the lower prices are not a result of a permanent impairment to the company. I recognize why, if you are a short-term ‘investor’, you get excited when a company’s stock price in which [...]
This past week my wife and I were out of town clearing out my in-law's principal residence in which they have resided since the early 1960s. Unfortunately, they have reached the stage where remaining in their principal residence is no longer a viable option even though my father-in-law went through the significant expense of retrofitting [...]
Oftentimes investors will debate whether one stock is superior to another within the same industry sector. In some cases, the answer is not clear cut especially when comparing companies within a somewhat volatile industry. In today’s article I take a look at two major integrated oil and gas behemoths in the energy sector to bring [...]
Typically I will write an article in which I analyze a company and indicate in advance what investment action I intend to take. In the case of my Berkshire Hathaway (BRK) investment, however, this is an 'after the fact' article; I acquired 200 Class B shares (NYSE: BRK-b) for the FFJ Portfolio on May 16, [...]
Some investors have gravitated toward High-yield corporate bond ETFs in an effort to generate additional income. There is nothing wrong with investing a component of your portfolio in such an investment on the condition you are fully aware of the risk exposure you are taking on and can withstand a permanent impairment to your capital [...]
Another month gone by and time for another FFJ Portfolio status report. A few stocks I viewed as overvalued in recent months have retraced to fairly valued levels based on analyses I conducted in April. As a result, in the ‘side accounts’ I acquired: 217 shares of 3M (NYSE: MMM) 300 shares of Stanley Black [...]
