Changing the planned savings account
Some of you might have noticed that I have yet to add the savings account to the spreadsheet. There is a big reason for that beyond sloth, I'm saving for a house.
Years ago I bought my townhome. Lived in it for a good while then met my girlfriend. I eventually moved in with her into her townhome seeing as my HOA doesn't allow dogs and she has a Saint Bernard. Its hard to hide 140 lbs of dog. More years have past and we talked about getting a house. We've been talking and feel that now is the time to start working on that goal. What it means for my blog portfolio is that I will be unable to put money into investing, and a home, and a separate savings account as a backup for my investing. The backup savings account will have to be put on hold.
Change in the deposit amount
The new house will also mean that my investing amounts might be variable. Make no mistake though, dividend investing is my number one priority with my money. I won't sacrifice that for anything. So instead of it being a set amount it will overall be variable.
Congress kicked the can
Just a short while ago the financial markets were on pause while Congress figured out if it wanted to do its job or not. When the S&P went below its 50 day SMA I considered some puts for this blog account. I felt it was too small so didn't. Then on news that the parties were in serious talks the Dow had its biggest gain of the year. Think about that for a second. That is huge pent up pressure.
No more bad news till 2014
No involvement in Syria. Iran is quiet. Budget and debt limit talks have been postponed till 2014. Christmas rally is to start if it already hasn't. Gold continues its slow death limp down in price. Equities are not overpriced even after this monster bull from 2009 we have been in. There is currently no bad news to be fearful of apart from those who have wishful thinking. Its a great time to catch some alpha to ring in the new year.
I'm plowing all I can into the investing account.
Disclaimer: The investments and trades discussed are not recommendations for others. I am not a financial planner, financial advisor, accountant, or tax adviser. The financial actions I talk about are for my own portfolio and money and only suited for my own risk tolerance, strategy, and ideas. Copying another person's financial moves can lead to large losses. Each person needs to do their due diligence in researching and planning their own actions in the financial markets.