Tuesday, February 21, 2017

Wealth: Stock Alert

Hello again loyal followers and guests. Today I want to talk about one of my potential buys - Tupperware! I have reviewed this company in the past but recent times have changed my outlook on where it stands. This leaves me at a new opinion of the company as a whole and it also left me wanting to share my thoughts.

Tupperware (TUP) is a manufacturer and distributor of multiple Tupperware brands such as the ever so recognizable containers and other not so recognizable lines that follow cosmetics and personal care products. While the company itself has shown little to no real motion other than hills and dips over the last year, the company as a whole still has a lot of buying potential.

One of the key items that has always seemed to stick with me is the product's inability to become irrelevant regardless what portion control items try to do. While our waist lines seem to get bigger and bigger, our ability to make more and more food continues to astound. This leaves the product itself with an ever increasing market. Pair this with the potential for a recession (which will inevitably come) and one has a recipe for a great buy. This is why I intend to purchase shares in the near future.

Wednesday, February 8, 2017

Happiness: Wine Tasting

Wine - some people love it and some people hate it. Personally, I love the stuff. It can be the perfect fit to a great day or the perfect requirement for a bad one. Whether you have any experience with it or not, wine tasting an be a great activity for the seasoned or the inexperienced and it doesn't have to cost an arm and a leg to do it. One must simply go into it with an open mind and the willingness to give up a little bit of time to have a lot of enjoyment.

To begin, one must simply have access to wine. You can go to a winery or simply go to the store and pick up a few bottles that you find that look like they might be interesting. The cost doesn't matter - good wine can be found in some of the most surprising places. Don't let anyone tell you any different. Then, once you've got your hands on a bottle (or a few), it's time to start tasting. There are a few things to know however before you start your tasting. By following these steps, you can almost ensure that you will be able to get the most bang out of your buck. Let's get started.

Wednesday, February 1, 2017

Wealth: January Dividend Income

Part of investing in dividend growth stocks is trusting in the process. There are going to be some good months and there are going to be some bad months. The trick is to try to align for dividend payments to be about equal every month. This is a trick that I have not yet mastered. As one can see from last years dividend payments, I might be a little off as far as consistency goes.

I can't give up though. The dividend snowball is a slow moving process at the start as you try to build up a good enough roll to get it moving. While months like this January may have felt small in comparison to some other months or small in comparison to where I thought it might be by now, it is still an amount of money that I wouldn't otherwise have.

It's good to keep this lesson at the forefront of my mind as I don't want to start straying from this path. If I think too much about other "get rich quick" schemes, I may find myself potentially falling for them and that just simply will not do! It simply will not do at all - not one bit! One has to remember the other types of dividends that have been given through the month.

Sunday, January 29, 2017

Happiness: Hobbies

I am a man of many hobbies. In fact, my wife could argue that I have one or two or three too many hobbies to fit into one pee sized brain. I believe however that hobbies are one of the world's most important keys to being happy.

Hobbies have been around for what I can only assume is as long as mankind has had the ability to think beyond their more basic needs. Where historically our ancestors may not have had time to think of much other than food, shelter, and survival, most of us have the luxury of thinking beyond those necessities. If that is the case for you, you might have hobbies that include dancing, bike riding, working out, crafting, auto mechanics or much more.

Personally, my hobbies include working out, game design, hunting, playing the guitar, self help studies, and psychology. Whether you share any of these hobbies makes no difference. In fact, there are probably few in the world who share my exact same list of hobbies. That's just yet another great part about them. Hobbies can help make us unique, exciting, and fun to be around. This can then influence others around us in a positive manner. That's not to mention the positive effect that a hobby can have on you, yourself.

Wednesday, January 25, 2017

Wealth: Happy Hour

Making sure that you have additional income for investing while still having a fun filled life can be tough sometimes. Whether it's batting away friends that want to go out to eat or simply trying to work more to gain more income, making sure that there is money left at the end of the month can be harder than it sounds. That's why there is happy hour.

No, I don't mean happy hour in the bedroom sense. Although, that is definitely a happy hour! What I mean is going out to eat while the local eateries offer discounts during their "slower" hours of the day. Where the restaurant benefits from gaining a customer where there normally wouldn't be one, you benefit from the nice price deduction on the same or somewhat lesser portion sized meal.

Happy hour has many possible origins. Some say that it originated from the United States Navy in early 1913 when a group of stay at home mom's (homemakers?) organized a get together semi-weekly called the Happy Hour Social. Others believe that it was simply made by restaurants as yet another hallmark way to make some more dough!

Monday, January 23, 2017

Wealth: Stock Purchase

At first glance, the Dividend Reaper monthly budget was looking pretty terrible. First, the Christmas trip back to my home town took a nice deep cut into the vacation fund. Second, I purchased a new rifle for Christmas. Third, we had to decided to get my wife her first pair of designer jeans.

That last one was definitely a splurge. Honestly though, it seems like a good investment. Mrs. Dividend Reaper takes extremely good care of her things and we hardly ever have to replace any of her things. Pair that with the fact that she deals with me and you have a recipe for deserving a nice pair of jeans (for the first time in her life). If we're being extremely honest however, my purchase of a new rifle took the cake as far as large line items.

I digress. We're here to talk about what we did with the remaining balance after all was said and done in December and the beginning half of January. That I am happy to admit is not as bad as I thought it was going to be. Admittedly, it was much less than normal. However, both the wife and I worked both the Christmas and New Years shift so we obtained even more than usual through the nice boost that overtime pay provides.

Saturday, January 21, 2017

Wealth: Budgeting

Budgets; everybody has one, has had one, wants one, or never wants one. Whatever your feelings on the subject, I personally feel that having a budget can benefit absolutely everyone. Budgets can assist with tracking assets, liabilities, payments that you’d forgotten about that have actually been burning a hole in your pocket, and much more. To not have a budget is to invite holes into the bottom of your pristine life boat.

Sure, there are those out there that are perfectly fine out there without having a budget. They however are very likely the type of person that already has a very controlled manner of spending habits but even they could learn a thing or two by keeping track of their finances with a budget. A budget can have so many positive side effects.

One of the most important things that a budget provides is a sense of security. A budget gives you a deeper sense of security by reminding you constantly about how much you can spend without getting yourself into trouble. If you are checking it as one should, you will always have a good idea of where you stand each day of the month. You’ll know immediately if you have the funds available to go a little wild. You’ll also know when you should take a pass and not join the guys on the night on the town and instead opt to meet up with them the next morning for a cheap breakfast.

Another important role of a budget is to show you where you are spending the most money. Hell, it was only a year or so ago that the wife and I were bleeding money through our eye balls through random trips to the local Walmart. Thanks to the budget however, we were able to zero in on it quickly and now we hardly spend anything besides our once a week grocery trips. It’s allowed us to save an extra $300-500 per month. That’s an extra $300-500 that go directly towards our investments that can help us retire even earlier.