Microsoft Corporation Stock Analysis – Recently Added to the FFJ Portfolio

Summary

  • After completing this Microsoft Corporation stock analysis I decided to purchase shares for the FFJ Portfolio.
  • MSFT is only the second tech stock we own among all our investment holdings.
  • It is 1 of only 2 companies rated AAA by Moody’s (Johnson & Johnson is the other) which provides me peace of mind that my investment is at minimal risk.
  • MSFT is certainly not on sale and I suspect we will likely experience a long overdue market correction in the not too distant future.
  • I suspect our CDN $ will weaken relative to the US $ in a couple of years which will make my recent purchase even more timely.

Continue reading “Microsoft Corporation Stock Analysis – Recently Added to the FFJ Portfolio”

Johnson & Johnson Stock Analysis – Dividend Machine

Summary

  • JNJ warrants a position in your investment portfolio because of its financial strength, historical performance, and future growth prospects.
  • It has been and will remain a long-term hold in our retirement accounts and in the FFJ Portfolio.
  • JNJ is 1 of only 2 companies rated AAA by Moody’s which provides me peace of mind that my investment is not at risk.
  • It is a member of the exclusive Dividend Kings group having increased its dividend for 50+ years.
  • The shares are currently not on sale but are priced reasonably which prompted me to recently acquire additional shares.
  • The recent dividends landed in our investment account within hours before receiving a text requesting funds to cover school related expenses.

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The Basics of Investing

As a follow up to my Constructing a Dividend Portfolio post I thought I would touch upon my position as it relates to the basics of investing. What I share below are observations and findings based on my personal experiences over the course of many years as an investor in individual companies. Continue reading “The Basics of Investing”

Constructing a Dividend Portfolio

I have received a few inquiries of late as to:

  • how much should an investor have before beginning to invest in individual equities;
  • what is a reasonable number of equities to hold in a portfolio for proper diversification;
  • how to construct a diversified dividend income producing portfolio.

I don’t think there is a definitive answer to any of the above but I thought I would devote a post to share my thoughts. Continue reading “Constructing a Dividend Portfolio”

Investment Mistakes – I Have Made My Share

Summary

  • You can make lots of money through equity investing even if you make the occasional mistake.
  • Minimize the number and the dollar value of your mistakes.
  • Learn from your mistakes and don’t repeat them.
  • If I can succeed at investing ANYBODY can. Trust me!

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Waste Management, Inc. Stock Analysis – Too Expensive for Me (part 3 of 3)

Summary

  • This Waste Management, Inc. stock analysis is the 3rd of a 3 part series on the largest non-hazardous solid waste collection companies.
  • The non-hazardous solid waste collection industry is highly fragmented due to its low entry barriers.
  • Growing to a meaningful size is not easy and requires readily accessible sources of capital.
  • The largest players within the industry have a sizable pool of acquisition opportunities.
  • WM has not experienced any significant top line growth over the last 10 years but is growing EBITDA and FCF.
  • WM might be attractive to some investors but I view it as too expensive at current levels.

Continue reading “Waste Management, Inc. Stock Analysis – Too Expensive for Me (part 3 of 3)”

Republic Services, Inc. Stock Analysis – Too Expensive For Me (Part 2 Of 3)

Summary

  • This Republic Services, Inc. stock analysis is the 2nd of a 3 part series on the largest non-hazardous solid waste collection companies.
  • The non-hazardous solid waste collection industry is highly fragmented due to its low entry barriers.
  • Growing to a meaningful size is not easy and requires readily accessible sources of capital.
  • The largest players within the industry have a sizable pool of acquisition opportunities.
  • RSG management has indicated that, in the short-term, dividend growth and share repurchases will receive more priority than tuck-in acquisitions.
  • RSG might be attractive to some investors but I view it as too expensive at current levels.

Continue reading “Republic Services, Inc. Stock Analysis – Too Expensive For Me (Part 2 Of 3)”