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Your key to surviving market volatility is to make sure you have dividend paying stocks. With dividends you’re a winner each and every year. As a dividend-centric investor your goal isn’t to sell stocks at a higher price. It is to hold onto stocks that pay you a rich dividend. As you can see in this chart, losing money can happen literally overnight. Most investors get out at the wrong time—on the way down. But when you invest for dividends you’re not a seller or a buyer—you’re a collector. And collecting rare and hard to find dividends turns out to be quite fun. As you can see from the chart below, the high yielding S&P Dividend Aristocrats index outperformed the S&P 500 index by 8.2% from the end of 2005, through the Great Recession and until the present.
The post Collecting Rare and Hard to Find Dividends appeared first on RichardCYoung.com.
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You can see here
which states are creating middle-skill jobs—jobs that pay between
$13.84 and $21.13 per hour. “At the bottom, Rhode Island is the only
state that’s lost middle-wage jobs the last few years. Coincidentally,
it’s also seen a decline in high-wage jobs, meaning all of its job
growth has been in occupations that pay $13.83 or lower,” according
Joshua Wright at Newgeography.com.
| State Name |
2013 Jobs |
New Jobs Since 2010 (Total) |
New Jobs Since 2010 (Mid-Wage) |
Share of New Jobs Since 2010 (Mid-Wage) |
| Source: QCEW Employees, Non-QCEW Employees & Self-Employed – EMSI 2013.3 Class of Worker |
|
Wyoming |
319,672 |
7,607 |
3,411 |
45% |
|
Iowa |
1,689,811 |
58,987 |
21,902 |
37% |
|
North Dakota |
492,918 |
71,607 |
25,970 |
36% |
|
Michigan |
4,391,882 |
214,075 |
74,536 |
35% |
|
Arizona |
2,805,158 |
155,430 |
53,115 |
34% |
|
Alaska |
388,436 |
9,790 |
3,296 |
34% |
|
New Mexico |
913,612 |
13,215 |
4,315 |
33% |
|
Oklahoma |
1,786,664 |
66,837 |
21,153 |
32% |
|
Minnesota |
3,007,618 |
128,418 |
39,433 |
31% |
|
Pennsylvania |
6,215,891 |
123,999 |
37,616 |
30% |
|
Vermont |
356,643 |
10,494 |
3,158 |
30% |
|
Hawaii |
742,002 |
27,637 |
8,262 |
30% |
|
Kentucky |
2,038,143 |
72,485 |
21,562 |
30% |
|
South Carolina |
2,085,991 |
83,597 |
24,601 |
29% |
|
Wisconsin |
2,989,657 |
60,737 |
17,661 |
29% |
|
Louisiana |
2,143,399 |
64,696 |
18,736 |
29% |
|
Ohio |
5,585,543 |
159,403 |
44,960 |
28% |
|
Indiana |
3,160,881 |
146,127 |
40,050 |
27% |
|
Kansas |
1,530,232 |
35,131 |
9,471 |
27% |
|
Colorado |
2,668,013 |
153,362 |
40,122 |
26% |
|
Nebraska |
1,059,262 |
28,648 |
7,430 |
26% |
|
Texas |
12,485,450 |
904,317 |
226,927 |
25% |
|
Tennessee |
3,061,383 |
144,846 |
34,657 |
24% |
|
Utah |
1,408,139 |
112,919 |
26,974 |
24% |
|
California |
17,523,783 |
913,413 |
208,707 |
23% |
|
Massachusetts |
3,679,152 |
149,301 |
33,836 |
23% |
|
Oregon |
1,908,085 |
66,034 |
14,817 |
22% |
|
North Carolina |
4,564,124 |
202,606 |
45,008 |
22% |
|
Georgia |
4,449,841 |
182,068 |
40,297 |
22% |
|
Montana |
511,880 |
18,730 |
4,122 |
22% |
|
Maryland |
2,881,471 |
103,598 |
22,439 |
22% |
|
Nevada |
1,260,218 |
47,951 |
10,160 |
21% |
|
Idaho |
724,549 |
26,236 |
5,250 |
20% |
|
South Dakota |
472,376 |
12,811 |
2,476 |
19% |
|
District of Columbia |
775,185 |
23,111 |
4,378 |
19% |
|
Washington |
3,379,817 |
140,985 |
26,352 |
19% |
|
West Virginia |
789,978 |
22,278 |
4,134 |
19% |
|
Arkansas |
1,302,641 |
15,044 |
2,652 |
18% |
|
Illinois |
6,243,694 |
178,096 |
30,999 |
17% |
|
Missouri |
2,988,014 |
62,799 |
10,803 |
17% |
|
Maine |
672,708 |
2,998 |
508 |
17% |
|
Delaware |
453,952 |
12,810 |
2,133 |
17% |
|
Florida |
8,370,099 |
373,274 |
61,868 |
17% |
|
Alabama |
2,084,701 |
22,075 |
3,605 |
16% |
|
Connecticut |
1,831,478 |
44,701 |
7,161 |
16% |
|
Virginia |
4,175,545 |
133,765 |
19,079 |
14% |
|
New Jersey |
4,211,361 |
104,096 |
14,478 |
14% |
|
New Hampshire |
702,271 |
13,694 |
1,877 |
14% |
|
New York |
9,602,939 |
325,490 |
43,591 |
13% |
|
Mississippi |
1,255,654 |
22,961 |
2,236 |
10% |
|
Rhode Island |
503,723 |
5,140 |
-46 |
- |
|
Total |
150,645,641 |
6,080,429 |
1,502,652 |
25% |
The post The Only State that Lost Middle-Wage Jobs appeared first on RichardCYoung.com.
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 Debbie and I are in France facing the absurdity of the supposed U.S. government shutdown. The Wall Street Journal lays out the details:
Jim
Kosinski sensed something was wrong when he noticed the American flag
wasn’t flying here on this windswept shoreline, the final resting ground
of thousands of U.S. troops who died during World War II’s D-Day
invasion.
Moments
later, the 71-year-old military veteran—who traveled from Ventura,
Calif., with his wife to pay homage to the fallen soldiers—saw the sign
affixed to the cemetery gate: “Due to the U.S. Government shutdown this
site is closed to the public.
“How embarrassing,” he said. “Our flag wasn’t flying over our soldiers who gave their lives.”
The post Good Morning from Paris appeared first on RichardCYoung.com.
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 Cato Institute!s Chris Preble outlines the power of our nuclear submarine fleet and what it’s future should hold.
The Navy already is requesting $60 billion for the SSBN(x) as supplemental funding. At a recent hearing of
the House Subcommittee on Seapower and Projection Forces, Rear Adm. Richard Breckenridge, the Navy’s director of undersea warfare, asked Congress for those funds and to exempt the SSBN(x) from the effects of sequestration. The plan to build twelve of the next-generation subs has quickly begun to eat away at the Navy’s overall shipbuilding budget, with recent projections placing its total cost between $93 and $100 billion.
“The reliance on three nuclear delivery systems is a relic of Cold War bureaucratic politics, not the product of strategic calculation.”
Instead of skirting the rules to find funds for the program, the Pentagon should look elsewhere within the nuclear arsenal for the money it needs. Eliminating the other two legs of the nuclear triad — intercontinental ballistic missiles, or ICBMs, and nuclear bombers — would save American taxpayers around $20 billion a year. Part of the savings could be put toward replacing the Ohio-class subs.
The sea leg of the nuclear triad by itself is a more powerful deterrent than that possessed by nearly any other nation in the world. Russia retains a relatively large arsenal, but no other country is capable of deploying more than a few hundred nuclear warheads. A single Ohio-class submarine can carry up to 192.
The post America’s Nuclear Triad is a Cold War Relic appeared first on RichardCYoung.com.
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 You may want to consider Barron’s state rankings when choosing a state for retirement. At some point the bill will come due for the bad actor states. Is your state a right-to-work state—you can’t be forced to join a union as a condition of employment? The National Right to Work Committee’s Stan Greer on Barron’s rankings:
The table shows that the eight states with the highest share of combined debt and unfunded pension liabilities as a share of GDP are, starting with the worst of all, Connecticut, Illinois, Hawaii, Alaska, Massachusetts, West Virginia, New Jersey and Kentucky. Not one of these states has a Right to Work law. Among the 20 bottom-ranking states, 17 lack Right to Work laws.
In contrast, every single one of the 16 states that are least encumbered by debt and unfunded pension liabilities has a Right to Work law on the books. Starting with the most fiscally sound of all, they are: Nebraska, Iowa, South Dakota, North Carolina, Nevada, Idaho, Kansas, North Dakota, Florida, Arizona, Wyoming, Michigan, Georgia, Utah, Alabama and Tennessee.
The post Your Retirement State appeared first on RichardCYoung.com.
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