During my journey to financial freedom I have continually strived to invest in high quality companies. In this post I disclose all the companies in which shares are currently held in the FFJ Portfolio and in undisclosed accounts. In my June 24, 2018 and September 20, 2017 posts which were restricted to subscribers I [...]
Far too many people are in the financial predicament where their financial position needs to be fixed but they have no clue where to begin. This article presents the basic preliminary steps which need to be taken to fix their finances. Recently, I was having lunch with a friend. Just few doors from the [...]
Summary Like the other BAM entities I have analyzed, BEP adheres to BAM’s 5 core principles. BEP has recently initiated a capital recycling program similar to other BAM entities in which it rotates its investment from mature assets with lower IRR potential to new opportunities in which it can generate superior returns. BEP’s current annual [...]
Summary BIP adheres to BAM’s 5 core principles and employs a capital recycling program in which it rotates its investment from mature assets with lower IRR potential to new opportunities in which it can generate superior returns. BIP’s capital allocation model has three priorities of which the 3rd is to distribute ~60 – 65% of [...]
Summary The BAM group of companies held their Investor Day on September 26th. BPY, the real estate arm within the BAM group of companies, operates and develops one of the largest portfolios of office, retail, multifamily, industrial, hospitality, triple net lease, self-storage, student housing and manufactured housing assets. What sets BPY apart from most members [...]
This is my September 2018 FFJ Portfolio dividend income update. The 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 yield. September was an enjoyable [...]
Ever since I watched The Barkley Marathons on Netflix I have wanted to participate in that event. This is an ultramarathon trail race held in Frozen Head State Park near Wartburg, Tennessee and it takes place annually in late March or early April. Runners may elect a 'fun run' of 60 miles (97 km) or the [...]
I recently returned from vacation and am heading out again. I will be participating in the 7th Annual March for the Fallen being held in Fort Indiantown Gap, Pennsylvania, USA. This 28-mile walk is a greater community event hosted by the Pennsylvania Army National Guard Training Center at Fort Indiantown Gap to honor the memory [...]
Nike is a great company to hold in a well diversified portfolio. The challenge at this stage is that its valuation appears to be somewhat lofty based on earnings projections and taking into account its recently announced 4 year $15B stock repurchase program. I will not be adding to my current position at current levels. [...]
Summary After the market closed on September 25th, NKE reported Q1 FY2019 results and its share price pulled back ~4% in afterhours trading. The share price rebounded to close down only 1.25% on September 26th. The Federal Reserve increased rates 25 basis points on September 26th and a further increase is anticipated in December. If [...]
