LinkedIn CEO out, founder to take overLinkedIn founder Reid Hoffman has retaken the reins of the fast-growing online social network for professionals and Dan Nye, the man Hoffman recruited for the job in 2007, has resigned, the company said Wednesday. Kaiser ???biobank??? lands $8.6M grantKaiser Permanente won an $8.6 million award from the Robert Wood Johnson Foundation to develop a biobank of genetic, environmental and health data that could be used to study genetic and environmental factors in heart disease, cancer, Alzheimer’s and more. Apple ordered to end French iPhone dealApple Inc. has been told by French officials that its exclusive deal to sell iPhones through France Telecom SA violates antitrust laws in that country. (AAPL) Global Asset Capital ups bid for MMC EnergyGlobal Asset Capital has raised its offer for MMC Energy Inc. to $2 per share, valuing the company at $28 million. (MMC) Calpine names new CFOCalpine Corp. has appointed Zamir Rauf chief financial officer and executive vice president effective immediately. (CPN) Virage Logic withdraws bid for LogicVisionVirage Logic Corp. has revoked its bid made in November to acquire LogicVision Inc. for $1.05 per share, in a deal that would have valued LogicVision at about $10 million. (VIRL) (LGVN) Survey: Corporate fraud, misconduct driven by pressure to succeedEthics in companies and organizations may be taking a backseat to pressures to succeed, a new survey has found.
forethought, patience and wisdom, for they are the pillars of economy.
Before making any stock market investments know exactly what you expect from those investments. Have the patience for the investments to fulfill the expectation, and the wisdom to know
exactly how the investments will fulfill the expectation.
A forethought example:
I want every stock market investment to supply me with ever-increasing cash for the rest of my life. I want my
retirement investment portfolio income to grow until the income from my portfolio replaces the income from my job when I retire.
A patience example:
I will make quarterly investments into each security owned to raise the cash dividend supplied by each stock market
investment. I will start by owning three companies which will supply me with cash dividends every month of the year. I will also add the cash dividends to the quarterly investments. I will build this stock market retirement investment plan up until I own 500 shares of all three companies. Once 500 shares of each company are owned, I will begin investing in three
more companies. Owning six companies will provide ever-increasing cash dividends twice a month, until I retire. My patience will eventually acquire 12 companies, providing me
with income every week of the year.
A wisdom example:
I will only purchase those companies that have a historical record of raising their dividend each year. I know that a low 2% dividend paying stock is not necessarily bad. It means the company in question is a growth stock, using most of its profits to expand. A growth stock makes up for the lower dividend yield by faster stock appreciation in the marketplace
(however, the company will still show a historical record of raising their dividend each year). I will diversify into 3 stocks, right from the get-go, even if it means I start off with as little as 5 shares of each company. I will not pay commission-fees. I will place emphasis on increasing the cash
income paid to me from all my stock market retirement investments.
I will also: “Put less emphasis on increasing this week’s pay, more emphasis on increasing my earning power by the right reading.” - Donald Laird
For some right reading try the PREFACE from the book ‘The Stockopoly Plan - Investing for Retirement.’ Visit:
http://www.thestockopolyplan.com
Charles M. O’Melia is an individual investor with almost 40 years of experience and passion for the stock market. The author of the book The Stockopoly Plan – Investing for Retirement; publishedby American-Book Publishing. You can invest in the book at http://www.pdbookstore.com/comfiles/pages/CharlesMOMelia.shtml
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