I hope all of you are enjoying your weekend. Here is a list of some of my favorite posts from fellow personal finance bloggers that I read over the past week.
1. The Ten Commandments for Credit Card Holders. Great guest post by Christina Beltran at We Only Do This Once. If you follow theses rules for using a credit card responsibly, you should enjoy all the benefits of card ownership without worrying about getting into financial problems.
2. Building a No-Cost Dividend Growth Portfolio with Loyal3. Write Your Own Reality provides an in-depth review of Loyal3, a new online brokerage firm that offers commission free trading on certain stocks. He goes on to point out that by using a credit card to purchase your stocks commission free, YOU are actually being paid to buy the stocks through credit card rewards programs. I’ve been using Loyal3 since the beginning of this year and am quite happy with it so far.
3. Retiring with $650k Less in 7 Steps. Johnny Moneyseed dishes up more of his patented no bullshit, common sense approach to retirement savings by offering a review of a couple’s finances and how they can cut back on expenses to be able to retire on less money. Good read on how just a few things to change about your finances can have huge impacts on how much you will need to save up to retire.
4. Financial Independence-Enabling Lives Worth Living. Brave New World gives a great explanation on what people striving for financial independence are working for. It’s all about that freedom to live your life the way you want and try new things, without worrying where that next paycheck is coming from.
5. Five World Class Dividend Stocks to Buy During the Next Bear Market. Dividend Growth Investor highlights 5 stocks, that while all overvalued today would make great stocks to add to your dividend growth portfolio in the next major market pull back. Of the list, I’ve got McCormick, Colgate-Palmolive, and The Hersey Company on my current watchlist.
6. Are Dividend Paying Cyclical Stocks Acceptable Investments for Retirement Portfolios? This Seeking Alpha article by Chuck Carnevale goes in-depth on how cyclical stocks (those whose earnings rise and fall with the economy unlike a company like Coca-Cola which has almost linear 8-9% growth year after year) can be implemented in a retirement portfolio. I like Deere as a potential long-term holding for my portfolio and would like to add it sometime this year.
Hope you enjoyed these posts from around the web. Enjoy the rest of your weekend! 🙂
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