Summary BAM reported strong Q1 2018 results on May 10, 2018. At the end of Q1 2018 (March 31st), BAM maintained core liquidity and uncalled private fund commitments of $32B. It also generated over $2.5B of annual free cash flow from its asset management business and distributions from invested capital. I wish to have exposure [...]
Summary CHD released its Q1 2018 results on May 3rd and upped its projected sales growth and projected organic sales growth guidance from that provided just a few months ago. CHD has outperformed its larger peers in the S&P 500 Household Products Index. I view CHD as having greater potential to provide superior long-term investor [...]
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 [...]
Summary PG has struggled in recent years with sales having dropped from $82B in 2012 to $65B in 2017. PG has recently signed an agreement to acquire the Consumer Health business of Merck KGaA, for ~$4.1B which will add ~$1B in annual revenue. Strong cash flow has enabled PG to shower investors with dividends and [...]
Summary MCD has significantly re-energized its business in the last few years under new leadership. The refranchising strategy has yielded significant cost savings to date. I am bullish on MCD but view it as being currently overvalued at ~$164. I would add to my existing position if it retraces to ~$144. Introduction McDonald’s (NYSE: MCD) [...]
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 [...]
Summary In an effort to increase my exposure to the Industrial Goods sector, I have recently increased my 3M (NYSE: MMM) exposure and have initiated a position in Stanley Black & Decker (NYSE: SWK). I am looking to increase my exposure further and have identified Illinois Tool Works (NYSE: ITW) as a candidate. I viewed [...]
Summary MMM released its Q1 2018 results on April 24, 2018 and revised its projected FY2018 GAAP EPS while leaving its adjusted projected EPS estimate unchanged. In my opinion, MMM was overvalued earlier in 2018 and the recent pullback has prompted me to increase my position. The company’s stock price could certainly pullback further but [...]
Financial freedom does not need to forever remain a dream. Financial freedom is achievable if you set realistic goals and objectives, you educate yourself, and you are disciplined. Today’s Guest Post is from Taylan and Tanya (last name protected at their request). I stumbled upon Taylan’s Retire via Dividends blog several months ago and [...]
Financial institutions promote Market-Linked GICs and Principal Protected Notes touting risk mitigation and attractive return potential. Readers are very strongly encouraged to read the fine print when researching these products. Initial appearances are very deceiving. A subscriber recently had a discussion with a broker in which the topic about safety of principal was a topic [...]
