Since I’ve been working full-time this week, I haven’t had the chance to write any in-depth posts for The Dividend Pig. But come mid November and December, I certainly will! The riveting news this week of course was the U.S. election, the recent market decline with Obama’s victory, and an impending Fiscal Cliff we are all going to fall off of by Christmas.
My hunch is even if the world does fall-off some financial cliff; people will still drink a Coke, buy a coffee at Starbucks and eat at McDonald’s. They will still need to fill their cars with Gas, wash their hair with Shampoo, and still continue to eat. That’s why the dividend investing strategy just makes sense – I get paid to become a shareholder in these companies. That’s why I recently purchased 50 shares of MCD and topped up my position in KO. At the end of the day it really isn’t a concern for me what is in the news in any given week. This week it’s the Financial Cliff, but next week it will certainly be something different that grabs headlines. Nor is it a concern if MCD trades at $85, $75 or lower or higher. I’m in for the long-haul! The markets and news can do as they please.
It’s that time of the week again. Check out these great reads from around the web!
Notable Dividend Increases: October 2012 @ Dividend Growth Stock Investing
Johnson & Johnson is Undervalued @ Dividend Growth Investor
Exxon Mobil: Reasonable in the Low $90’s @ Dividend Monk
Ignore the Noise @ Dividend Mantra
Recent Buy: McDonald’s (MCD) and Coca Cola (KO) @ Dividend Ninja
Cash Cows, Pigs, and Jackpots Book Giveaway @ My Own Advisor
Find the Best Dividend Growth Stocks @ The Dividend Guy
Have a nice weekend everyone!