2014 is off to a good start! The Year of the Horse promises to be a good year for the Snake, especially with my finances and wealth. I’m liking the forecast:
“This year is a money year. Keeping in line with your money year, businesses that are good for you include finance and the stock market. Entertainment can also work for you… Bring in the dollars! Both your regular and speculative incomes are looking good.” (Thanks to the Huffington Post for that gem).
With that in mind, my new addition to the web empire The Outlier Model, is also off to a good start. I’ve been able to boost traffic an additional 1.5K on the site for January, and can already see the long-term potential. More importantly, I’ve really enjoyed connecting with a whole new readership and group of bloggers. I’m looking forward to seeing how the new site evolves, and how the two sites work together.
I will be back to contributing for Canadian MoneySaver starting for the March issue. I was very fortunate to become a contributor for Canadian MoneySaver back in 2011. So I’m looking forward to getting back on track.
I’m also pleased to announce I’ll be hosting a webinar with Canadian MoneySaver editor Peter Hodson. As I work weekends, the webinar will be held on Tuesday, May 6th, 2014 (10am PST / 1pm EST). The topic is “Investing for Dividends“. Be sure to mark this in your calendar. I’ll have more info coming soon with a sign up page!
The Weekly Lineup:
Here was an excellent post on The Outlier Model looking at polygamy and frugality. Here is a case where combining resources into one two mega-homes, would make economic sense. Yet the Brown family have four houses, one house for each of the four wives. In this post staff writer Melissa Batai asks, Can you afford four houses?
Australian blogger Kylie Ofiu, wrote an epic post in early January, on how to set and achieve goals. In this post, Kylie tells you her complete process, from the initial idea right through to completion. Many of us have goals, but few of us know how to actually work through the steps, or give up in the process. If that’s you, then be sure to bookmark and read 10 steps for success with goals.
Dividend Mantra discussed his recent buy of Target Corporation. As Mantra points out, it’s easy to buy stocks when everything’s rosy and good news abounds. It’s a different story when stocks are tanking, and a company is hit with bad news. Yet that is exactly the right time to buy! Although it’s hard to do, I’ve made some good buys purchasing on bad news.
Retire Before Dad, updates us with his monthly dividends and other investment income, in his recent Investment Income Update. Nice work RBD!
Over at Young and Thrifty, Kyle wrote an excellent review of Preet Banerjee’s new book, Stop Overthinking Your Money. Just to mention Preet is mailing me a couple of extra copies. So I’ll be doing a couple of giveaways in February, along with a review. This is one book I’m looking forward to bite into!
On the Canadian MoneySaver blog, Peter Hodson looked at small-cap stocks. Although most of us prefer to invest in large cap dividend paying stocks, small caps can also pay dividends. They also offer higher returns, and conversely higher losses. In this post, Peter discusses five small cap rules to live by.
Stashing away a nest-egg for future retirement is one thing, but how do you actually go about creating a monthly income? At the College Investor, Robert discusses the basics of building an income portfolio. There is also a good discussion in this post about risk vs. reward, and the rates from different investments. This is a great primer post, if the idea of income investing appeals to you.
Hope you enjoyed the line-up this week…
Have a nice weekend everyone!