FI Anonymous

Happy 4th of July week to all my American friends. May your week be filled with cookouts (with proper social distancing protocols, of course), fireworks, and... undervalued dividend growth stocks? Only the market will tell if we get a healthy dose of that last item, but I've been on the hunt trying to find the best dividend growth investments to add to my portfolio, and have identified a few stocks I think can fit the description. Here, I'll discuss my method of identifying potentially undervalued dividend growth stocks, which are the core holdings of my  stock portfolio , and will also list out the stocks meeting this criteria that I've got my eye on this week, the week of Monday, June 29, 2020. New to dividend investing? Need a low-cost (how about free?) brokerage with DRIP capabilities? Check out this link and you'll get a FREE share of stock when you sign up for Robinhood using my referral link.  Without further adieu, here's the latest of my weekly watchlist se...

We are nearing the end of June, and I've started putting together a dividend stock watchlist on a weekly basis now with all the uncertainty that is going on in the market. So I thought, why not share my thoughts? Below I've compiled my method of identifying potentially undervalued dividend growth stocks, which are the core holdings of my stock portfolio .  (( To get access to free dividend reinvestment, fractional share trading, and a FREE share of stock, sign up using my Robinhood referral link )) Without further adieu, here's the first installment of my weekly watchlist series of posts. As a note, all stock metrics noted below in this post are as of market close on Friday, June 19, 2020.  The Criteria To arrive at my watchlist, I first gathered a listing of the dividend aristocrats and dividend kings. For anyone who does not know what that means, a dividend aristocrat is a stock in the S&P 500 that has increased their dividend each year, for at least 25 consecutive ye...

As you can see in my portfolio , Abbvie Inc (ABBV) is one of my largest holdings, and one of my most significant dividend producers. I've made multiple purchases of the stock throughout the past few years, and as recently as this past month. But how do I like the stock at its current price? Let's take a look at the metrics and break them down.  The Breakdown With a yield over 5%, Abbvie impresses. And even more impressive, this yield is backed up by 47 consecutive years of dividend increases (adjusted for spin-off from Abbot Labs), and the company has grown their dividend at an average rate of nearly 20% over the past five years.  The trailing P/E of 16x is lower than the typical level ABBV trades, though the forward ratio is a bit higher than has been typical over the past couple years. However, the P/E is not at a level I'd consider concerning, and forward analyst earnings estimates likely take into account any additional costs of the company's upcoming merger with dr...

As I had mentioned in the retirement planning resources section of my blog, I've been getting questions from friends and family lately that brought me to a realization. The general public does not understand the basics of Individual Retirement Accounts, or IRAs, one of the most common retirement planning vehicles available in the US. Coming from an education in a business and finance related field, I took for granted the fact that I had a good understanding of the rules, tax advantages, and strategies of IRA accounts. After realizing this, I felt that it would be best to attempt to share my knowledge in an easy to read format - for a quick 'cheat sheet' of everything you need to know to get started thinking about IRA accounts, see here .  To add a bit more commentary and color to these quick 'cheat sheets', I decided it was best to get all my thoughts in an article. So without further adieu, let's take a dive into the details of IRAs. The Two Main Types - Tradi...