Friday, June 12, 2009

Stocks May Go Lower Today

Stocks are predicted to go lower today ahead of the G8 summit. It's been a slow week for my portfolio. Bought shares in some limited partnerships at the beginning of the week and the balance of my portfolios hasn't moved much. Been doing a lot of research and checking out investment websites. Found a few new blogs about investing that seem well worth following. Also found a great article about dividend investing:

http://www.bestgrowthstock.com/blog/2009/06/11/time-to-dive-into-stock-dividends/


Dividends are a form of passive income from the stocks you hold in your portfolio. By purchasing stocks with a good track record of paying dividends, investors can generally guarantee decent returns. Shares in a company that pays consistent dividends can perform better than many other types of investments, including standard savings accounts and certificates of deposit. This is a very hands-off method of making money from stocks. Instead of constantly trading, you just buy the stock and collect the dividends.

Dividend stock investing can be a good long-term strategy, but it’s still important to remember that it is not without risk and to monitor how your stocks are doing. If dividends are cut or, worse yet, stopped all together, it may be time to consider a different investment.


On a more personal note, had a pretty good week for job searches. Did my first interview with the state and it went very well, should here from them in a couple of weeks. Also found out that Probation and Parole, the people I really want to work for, have 45 new job openings they will be hiring for soon. So I'm looking forward to hearing from them. I'm on the state register for several jobs, so sooner or later something should work out there.

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