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With apologies to Maurice, this article from Seeking Alpha "Setting Up And Running Your Dividend Growth Investment Plan Like A Business" is written with stocks in mind but I think one could easily apply most of the principles to mutual fund investing (e.g. setting up one's portfolio) as well. I believe that without a plan and some goals you're just messing around in the marketplace. Elementary for some but this article outlines a good start.
@Mark: A little bit about the author ! I warned MFO Members about Seeking Alpha. Com some time ago. Take advice from Seeking Alpha with a grain of salt. Regards, Ted http://seekingalpha.com/author/on2freedom
Basically, nearly everything I own has to pay a div and varies from less than 1% to 10%. What doesn't pay a div are things that I think have potential to eventually. I'm not diversified, largely have a view towards sectors I like and/or characteristics of a business that I like.
@Mark Edited to add - at least the author isn't a lawyer. Or politician. Today's Sidebar @ http://www.realclearpolitics.com/ WASHINGTON Mixed Grades for the 114th Congress at the Three-Month Mark Sen. Robert Menendez Indicted Schumer-Durbin Rift Could Bring New Blood to Leadership Gowdy: Clinton Deleted Emails Between October & December '14 DOJ: No Contempt Charges for Former IRS Official Lois Lerner ABC/WP: Obama Regains Some Ground Lost to GOP After Midterms IN THE STATES Ark. Governor Asks Lawmakers to Change Religious Liberty Bill 11 Atlanta Educators Guilty of Racketeering in Testing Case
@TSP - and one more from the Governor of Kentucky "Kentucky Gov. Steve Beshear's administration is arguing the state's ban on same-sex marriage isn't discriminatory because it applies to straight people, too."
As for Indiana, I don't want to get too political here because that rarely turns out well on this forum. However, these discriminatory laws are terrible, but almost seem like gateways to discrimination against more and more various groups.
That said, from a more practical standpoint, I look at these laws and think, "hunger is a terrible problem in this country. Our infrastructure sucks in many cases. The education system is...not great. But this is what time and tax dollars are spent deciding on?" Really? I'm glad there's been the backlash there has been.
Whether it be left wing/right wing or whatever, our country has - in dismaying fashion - slid further and further into being divisive. Things are not great in this country in many regards, we need everyone to feel like they can have a voice and everyone needs to join together.
Comments
Regards,
Ted
http://seekingalpha.com/author/on2freedom
Edited to add - at least the author isn't a lawyer.
Or politician.
Today's Sidebar @ http://www.realclearpolitics.com/
WASHINGTON
Mixed Grades for the 114th Congress at the Three-Month Mark
Sen. Robert Menendez Indicted
Schumer-Durbin Rift Could Bring New Blood to Leadership
Gowdy: Clinton Deleted Emails Between October & December '14
DOJ: No Contempt Charges for Former IRS Official Lois Lerner
ABC/WP: Obama Regains Some Ground Lost to GOP After Midterms
IN THE STATES
Ark. Governor Asks Lawmakers to Change Religious Liberty Bill
11 Atlanta Educators Guilty of Racketeering in Testing Case
Via the Huffington Post:
http://www.huffingtonpost.com/2015/04/01/kentucky-gay-marriage_n_6984678.html?fb_action_ids=10204484951787341&fb_action_types=og.comments
And let's not forget all those whackjobs in IN.
In the spirit of the day - “The trouble with practical jokes is that very often they get elected”. - Will Rogers
That said, from a more practical standpoint, I look at these laws and think, "hunger is a terrible problem in this country. Our infrastructure sucks in many cases. The education system is...not great. But this is what time and tax dollars are spent deciding on?" Really? I'm glad there's been the backlash there has been.
Whether it be left wing/right wing or whatever, our country has - in dismaying fashion - slid further and further into being divisive. Things are not great in this country in many regards, we need everyone to feel like they can have a voice and everyone needs to join together.