The Texas and Pacific Railroad earned a charter in 1871 to connect West Texas to California. Jay Gould, the infamous Robber Baron, took control of the company in 1876 and completed the rail line. The successful completion unlocked the 3.5… Read More
The AMM Dividend Letter 44: Costco a ROIC Growth Stock
Everyone is walking around with a computer in their pocket. With a few taps of the finger you can buy and sell any stock you want. Now with stay-at-home orders people have more free time. And stock trading is commission… Read More
Why We Sold Procter & Gamble (PG)
We liquidated our position in Proctor and Gamble (PG) earlier this week. While the position had generated positive total returns, dividend growth has stalled in recent years and the company is facing secular headwinds related to their core business. Below… Read More
AMM Dividend Letter Issue 33: Halo, Horns, & Hilton
How would you rate this quote? “You have to be confident as you face the world each day, but you can’t be too cocky. Anyone who thinks he’s going to win them all is going to wind up a huge… Read More
AMM Dividend Letter Issue 30: The “F” Word, Hidden Risks, & Wells Fargo Dividend Growth
Got your attention? The F word we are talking about here is FIDUCIARY. The Department of Labor (DOL) recently passed the Fiduciary Rule which, among other things, requires that advisors to retirement plans act as fiduciaries. A fiduciary is required… Read More
AMM Dividend Letter Issue 28: How to Beat a Pigeon at Investing with Pfizer (PFE)
This is from the AMM Dividend Letter released April 7, 2016. If you want to see the latest “Dividend Stock in Focus” as soon as it’s released then join our mailing list here. This is the competition. It’s you versus… Read More
AMM Dividend Letter Issue 24: How Long Can You Hold Onto Disney?
This is from the AMM Dividend Letter released November 19, 2015. If you want to see the latest “Dividend Stock in Focus” as soon as it’s released then join our mailing list here. Pop quiz! Would you want to own… Read More
AMM Dividend Letter Issue 23: When Too Much Exposure is Bad for Your Portfolio and Johnson & Johnson (JNJ)
This is from the AMM Dividend Letter released October 8, 2015. If you want to see the latest “Dividend Stock in Focus” as soon as it’s released then join our mailing list here. Barbara Streisand is a talented artist and… Read More
AMM Dividend Letter Issue 20: Dividend Growth, The Ion Engine of Your Portfolio
This is from the AMM Dividend Letter released June 4, 2015. If you want to see the latest “Dividend Stock in Focus” as soon as it’s released then join our mailing list here. Mankind is going to Mars. It may… Read More
AMM Dividend Letter Issue 13: Winning the Loser’s Game with Novartis (NVS)
This is from the AMM Dividend Letter released November 8, 2014. If you want to see the latest “Dividend Stock in Focus” as soon as it’s released then join our mailing list here. There are two types of tennis games…. Read More